Medical Properties Trust
Market Cap
US$12.4b
Last Updated
2021/01/22 23:12 UTC
Data Sources
Company Financials +
Executive Summary
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer with proven track record.
Similar Companies
Share Price & News
How has Medical Properties Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MPW's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
MPW
1.1%
US REITs
2.3%
US Market
1 Year Return
-4.2%
MPW
-10.6%
US REITs
23.7%
US Market
Return vs Industry: MPW exceeded the US REITs industry which returned -10.6% over the past year.
Return vs Market: MPW underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| MPW | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 1.1% | 2.3% |
| 30 Day | -1.0% | 2.5% | 4.7% |
| 90 Day | 17.3% | 5.6% | 14.5% |
| 1 Year | 1.2%-4.2% | -6.4%-10.6% | 26.5%23.7% |
| 3 Year | 94.9%63.4% | 25.3%9.9% | 45.0%35.4% |
| 5 Year | 168.2%95.2% | 52.9%21.6% | 126.2%100.9% |
Long-Term Price Volatility Vs. Market
How volatile is Medical Properties Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Could The Medical Properties Trust, Inc. (NYSE:MPW) Ownership Structure Tell Us Something Useful?3 weeks ago | Simply Wall St
Here's What We Think About Medical Properties Trust's (NYSE:MPW) CEO Pay1 month ago | Simply Wall St
Did You Participate In Any Of Medical Properties Trust's (NYSE:MPW) Fantastic 147% Return ?Valuation
Is Medical Properties Trust undervalued compared to its fair value and its price relative to the market?
43.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPW ($21.47) is trading below our estimate of fair value ($37.83)
Significantly Below Fair Value: MPW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MPW is good value based on its PE Ratio (24.8x) compared to the US REITs industry average (38.1x).
PE vs Market: MPW is poor value based on its PE Ratio (24.8x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: MPW is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: MPW's PB Ratio (1.6x) is in line with the US REITs industry average.
Next Steps
Future Growth
How is Medical Properties Trust forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPW's forecast earnings growth (12.7% per year) is above the savings rate (2%).
Earnings vs Market: MPW's earnings (12.7% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: MPW's earnings are forecast to grow, but not significantly.
Revenue vs Market: MPW's revenue (8.6% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: MPW's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPW's Return on Equity is forecast to be low in 3 years time (8.8%).
Next Steps
Past Performance
How has Medical Properties Trust performed over the past 5 years?
25.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPW has high quality earnings.
Growing Profit Margin: MPW's current net profit margins (37.7%) are lower than last year (40.3%).
Past Earnings Growth Analysis
Earnings Trend: MPW's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: MPW's earnings growth over the past year (40.3%) exceeds its 5-year average (25.2% per year).
Earnings vs Industry: MPW earnings growth over the past year (40.3%) exceeded the REITs industry 2.9%.
Return on Equity
High ROE: MPW's Return on Equity (6.3%) is considered low.
Next Steps
Financial Health
How is Medical Properties Trust's financial position?
Financial Position Analysis
Short Term Liabilities: MPW's short term assets ($3.7B) exceed its short term liabilities ($431.2M).
Long Term Liabilities: MPW's short term assets ($3.7B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: MPW's debt to equity ratio (112.5%) is considered high.
Reducing Debt: MPW's debt to equity ratio has reduced from 159.4% to 112.5% over the past 5 years.
Debt Coverage: MPW's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: MPW's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Medical Properties Trust current dividend yield, its reliability and sustainability?
5.03%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MPW's dividend (5.03%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: MPW's dividend (5.03%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: MPW's dividends per share have been stable in the past 10 years.
Growing Dividend: MPW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.7%), MPW's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MPW's dividends in 3 years are forecast to be covered by earnings (68.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Ed Aldag (56 yo)
17.42yrs
Tenure
US$17,253,436
Compensation
Mr. Edward K. Aldag, Jr., also known as Ed, is a Founder of Medical Properties Trust, Inc. and has been its President and Chief Executive Officer since August 2003. He serves as Director of Infracore SA si...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD17.25M) is above average for companies of similar size in the US market ($USD10.57M).
Compensation vs Earnings: Ed's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.42yrs | US$17.25m | 0.52% $ 64.8m | |
| Founder | no data | US$7.21m | 0.22% $ 27.8m | |
| Founder | 15.92yrs | US$8.66m | 0.28% $ 34.9m | |
| Chief Accounting Officer | 5yrs | no data | 0.017% $ 2.1m | |
| Managing Director of Investor Relations | no data | no data | no data | |
| Senior Managing Director of Corporate Communications | 0.58yr | no data | no data | |
| VP and MD of Asset Management & Underwriting | 5yrs | no data | no data | |
| Managing Director of Tax | no data | no data | no data | |
| Treasurer & MD of Capital Markets | 2.92yrs | no data | no data |
5.0yrs
Average Tenure
56yo
Average Age
Experienced Management: MPW's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.42yrs | US$17.25m | 0.52% $ 64.8m | |
| Founder | 15.92yrs | US$8.66m | 0.28% $ 34.9m | |
| Independent Director | 4.42yrs | US$232.80k | 0.0049% $ 603.3k | |
| Independent Director | 16.75yrs | US$237.80k | 0.016% $ 2.0m | |
| Independent Lead Director | 5yrs | US$242.80k | 0.037% $ 4.6m | |
| Independent Director | 6.33yrs | US$232.80k | 0.0079% $ 983.9k | |
| Independent Director | 2.92yrs | US$212.80k | 0.0044% $ 547.3k | |
| Independent Director | 0.92yr | no data | 0.00092% $ 114.4k |
5.7yrs
Average Tenure
57yo
Average Age
Experienced Board: MPW's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MPW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.7%.
Top Shareholders
Company Information
Medical Properties Trust, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Medical Properties Trust, Inc.
- Ticker: MPW
- Exchange: NYSE
- Founded: 2003
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$12.439b
- Market Cap: US$12.434b
- Shares outstanding: 572.96m
- Website: https://www.medicalpropertiestrust.com
Number of Employees
Location
- Medical Properties Trust, Inc.
- 1000 Urban Center Drive
- Suite 501
- Birmingham
- Alabama
- 35242
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MPW | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 2005 |
| M3P | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 2005 |
| 0JZZ | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 2005 |
Biography
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company ha...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 23:12 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.