Added to YB: 2024-03-26
Pitch date: 2024-03-24
MPW [bearish]
Medical Properties Trust, Inc.
-46.03%
current return
Author Info
Unicus Research is an independent short-only investment firm; reaped at least 60% ROI to clients since 2020. Visit the website.
Company Info
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.
Market Cap
$3.0B
Pitch Price
$3.49
Price Target
N/A
Dividend
6.46%
EV/EBITDA
17.04
P/E
-4.20
EV/Sales
12.09
Sector
Health Care REITs
Category
N/A
Medical Properties Trust, Inc. - $MPW (short)
MPW: Owns hospitals, leases to operators. Risky biz - 13+ closures/bankruptcies. Single tenant (Steward) serves 2.2M, missed rent. Takes 3-4yrs to re-tenant shuttered hospitals. Dividend cut 48%. Short candidate, flawed model: incremental gains but huge default losses.
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