Medical Properties Trust's Turnaround Is Here - Initiate Cautious Buy
MPWMedical Properties Trust(MPW) Seeking Alpha·2024-06-16 22:00

robynmac We previously covered Medical Properties Trust, Inc. (NYSE:MPW) in March 2024, discussing why we had maintained our Hold rating then, despite the stock's recent recovery from the January 2024 bottom and the excellent profitability of the REIT's core portfolios. Much of our pessimism then was attributed to the uncertainty surrounding Steward Health Care System's financial health as the biggest tenant, with the REIT's dividend prospects likely to remain mixed before Steward's June 2024 deadline. Sinc ...