Earnings summaries and quarterly performance for MEDICAL PROPERTIES TRUST.
Executive leadership at MEDICAL PROPERTIES TRUST.
Edward Aldag Jr.
Detailed
Chairman, President, and Chief Executive Officer
CEO
Charles Lambert
Detailed
Senior Vice President of Finance and Treasurer
Kevin Hanna
Detailed
Senior Vice President, Controller and Chief Accounting Officer
Larry Portal
Detailed
Senior Vice President, Senior Advisor to the CEO
Rosa Hooper
Detailed
Senior Vice President of Operations and Secretary
Steven Hamner
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at MEDICAL PROPERTIES TRUST.
Research analysts who have asked questions during MEDICAL PROPERTIES TRUST earnings calls.
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Recent press releases and 8-K filings for MPW.
Medical Properties Trust Reports Q3 2025 Financial and Portfolio Results
MPW
Earnings
Debt Issuance
- For Q3 2025, Medical Properties Trust reported a net loss attributable to common stockholders of $(77,730) thousand and Normalized Funds From Operations (FFO) of $77,213 thousand, or $0.13 per diluted share.
- As of September 30, 2025, the company's total debt stood at $9,754,054 thousand with a weighted average rate of 5.383%.
- The portfolio's total assets were $14,924,195 thousand as of September 30, 2025, generating Q3 2025 revenues of $237,522 thousand. General Acute Care Hospitals represent the largest segment, comprising 59.7% of total assets and 60.9% of Q3 2025 revenues.
- The Total Portfolio TTM EBITDARM Rent Coverage was 2.5x for Q2 2025 TTM, with General Acute Care Hospitals at 3.0x and Behavioral Health Facilities at 2.0x. These coverages exclude Prospect Medical Holdings and former Steward Health Care facilities.
Oct 30, 2025, 3:00 PM
Medical Properties Trust Reports Q3 2025 Normalized FFO and Announces Share Repurchase Program
MPW
Earnings
Share Buyback
Legal Proceedings
- Medical Properties Trust reported normalized FFO of $0.13 per share for the third quarter of 2025, noting it would have been $0.01 higher if not for a September rent payment by HSA on October 1.
- The company's Board of Directors has authorized a new $150 million share repurchase program, which is expected to be deployed immediately, reflecting confidence in the company's undervalued share price.
- Significant progress was made in the Prospect bankruptcy process, including NOR Healthcare Systems becoming the successful bidder for six California facilities with a new lease agreement, and a $45 million settlement with Yale New Haven Health.
- The company is increasingly confident in its ability to generate total annualized cash rent of more than $1 billion by year end 2026, excluding any rent contributions from the California Prospect properties.
Oct 30, 2025, 3:00 PM
Medical Properties Trust Reports Q3 2025 Financial Results and Authorizes Share Repurchase Program
MPW
Earnings
Share Buyback
Guidance Update
- Medical Properties Trust reported normalized FFO of $0.13 per share for the third quarter of 2025, which would have been $0.01 higher if not for a late rent payment from HSA. The company also recorded approximately $82 million in net impairments, primarily related to Prospect Medical Group.
- The Board of Directors authorized a new $150 million share repurchase program, which the company intends to deploy opportunistically and expects to start immediately, viewing it as a highly accretive use of capital.
- Tenants across general acute, post-acute, and behavioral health segments demonstrated strong performance, with year-over-year EBITDARM increases of $200 million, $50 million, and $10 million respectively. The company is increasingly confident in generating total annualized cash rent of more than $1 billion by year-end 2026, excluding contributions from California Prospect properties.
- Key developments regarding Prospect Medical Group include NOR Health Care Systems being named the successful bidder for six California facilities with a new lease ramping to $45 million per year, and a $45 million settlement reached with Yale New Haven Health and Prospect.
Oct 30, 2025, 3:00 PM
Medical Properties Trust Reports Q3 2025 Results and Announces Stock Repurchase Program
MPW
Earnings
Share Buyback
New Projects/Investments
- Medical Properties Trust reported a net loss of ($0.13) per share and Normalized Funds from Operations (NFFO) of $0.13 per share for the third quarter ended September 30, 2025. The net loss included approximately $82 million ($0.14 per share) in impairment charges primarily related to Prospect Medical Group.
- The company's board of directors authorized a strategic common stock repurchase program of up to $150 million , and sold two facilities in Arizona for approximately $50 million. A regular quarterly dividend of $0.08 per share was paid in October.
- Cash rents from new tenants are ramping up, with $16 million collected in Q3 2025 and approximately $22 million projected for Q4 2025. Progress on Prospect Medical Group's restructuring includes an agreement for a lease with NOR Healthcare Systems Corp. for $45 million in stabilized annual cash rent and a settlement expected to exceed the current $100 million debtor-in-possession (DIP) loan balance.
Oct 30, 2025, 12:36 PM
Medical Properties Trust Reports Third Quarter 2025 Results and Announces Stock Repurchase Program
MPW
Earnings
Share Buyback
New Projects/Investments
- Medical Properties Trust reported a net loss of ($0.13) per share and Normalized Funds from Operations (NFFO) of $0.13 per share for the third quarter ended September 30, 2025.
- The company's board of directors authorized a program to strategically repurchase up to $150 million of its common stock.
- Cash rents from new tenants increased to $16 million in the third quarter and are projected to approximate $22 million for the fourth quarter of 2025.
- A settlement with Prospect Medical Group and Yale New Haven Health System, along with the expected sale of three Connecticut hospitals, is anticipated to generate proceeds exceeding MPT's current debtor-in-possession (DIP) loan balance of approximately $100 million.
- MPT expects pro rata annualized cash rent from its current portfolio to exceed $1 billion by the end of 2026.
Oct 30, 2025, 12:00 PM
Medical Properties Trust Reports Q3 2025 Operational Improvements, Share Buyback, and Cash Rent Targets
MPW
Earnings
Share Buyback
Dividends
- Medical Properties Trust (MPW) reported operational improvements in Q3 2025, with revenue slightly exceeding expectations despite continued net losses. The total portfolio EBITDARM rent coverage improved to 2.5x, reflecting stronger tenant performance.
- The company released a $150 million share repurchase program and aims to surpass $1 billion in annualized cash rent by 2026.
- Cash rent collections improved significantly to $16 million in Q3 2025 (up from $11 million in Q2), with 96% of due rents collected. MPW also resolved a major tenant dispute, expecting to recoup a $105 million loan.
- MPW maintained a quarterly dividend of $0.08 per share. However, the company continues to face financial challenges, including a high debt-to-equity ratio, a negative Altman Z-Score, and significant short interest.
Oct 29, 2025, 10:27 PM
Medical Properties Trust Provides Portfolio Update with Settlement and Asset Sales
MPW
Legal Proceedings
M&A
Debt Issuance
- Medical Properties Trust (MPT) expects a $45 million settlement payment from Yale New Haven Health System, which is anticipated to reduce MPT's outstanding debtor-in-possession (DIP) loan to Prospect.
- MPT anticipates full repayment of its $105 million DIP loan balance to Prospect following the Yale settlement, sales of Connecticut facilities, and finalization of other California transactions.
- MPT recently sold two facilities in Phoenix, Arizona for approximately $50 million.
- The company plans to use the anticipated cash receipts from these transactions for debt repayment, investments, returns to shareholders, and general corporate purposes.
Sep 29, 2025, 12:00 PM
Quarterly earnings call transcripts for MEDICAL PROPERTIES TRUST.
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