Medical Properties Trust Bolsters Liquidity, Tenants Show Signs of Recovery

Medical Properties Trust (MPW) has faced challenges from top tenants not paying full rent and higher interest rates weighing on its stock price.

MPW has made progress shoring up its liquidity by selling stakes in hospitals and properties to raise over $1.5 billion so far.

MPW is confident it will exceed its $2 billion liquidity target for 2022 based on additional deals it has in progress.

Top tenants Steward and Prospect show signs of improved financial health that could allow them to resume full rental payments.

With liquidity targets on track, tenant outlooks improving, and debt reduction underway, MPW's stock price and dividend prospects are strengthening.