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Medical Properties Trust, Inc. (0JZZ.L)
| Previous close | 4.8501 |
| Open | 0.0000 |
| Bid | 0.0000 x N/A |
| Ask | 0.0000 x N/A |
| Day's range | 0.0000 - 0.0000 |
| 52-week range | |
| Volume | |
| Avg. volume | 100,093 |
| Market cap | 17.48M |
| Beta (5Y monthly) | 1.23 |
| PE ratio (TTM) | 0.02 |
| EPS (TTM) | 1.8850 |
| Earnings date | 09 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
Business WireMedical Properties Trust Comments on Steward Health Care Restructuring
BIRMINGHAM, Ala., May 06, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.
- Reuters
UPDATE 2-US hospital network Steward files for bankruptcy, aims for new loan
Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust. The company, which recently closed a hospital in Massachusetts, has been sharply criticized by officials in that state over what they call risky financial decisions made by its current management and former private equity owners, including a transaction that sold off the company's real estate and saddled it with long-term rent costs at its hospitals.
ReutersUS hospital network Steward files for bankruptcy, aims for new loan
NEW YORK (Reuters) -Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust. The company, which recently closed a hospital in Massachusetts, has been sharply criticized by officials in that state over what they call risky financial decisions made by its current management and former private equity owners, including a transaction that sold off the company's real estate and saddled it with long-term rent costs at its hospitals. Democratic Massachusetts Attorney General Andrea Joy Campbell said Steward's bankruptcy should provide state officials with more insight into the company's financial condition and whether it compromised patient care in its pursuit of profits.
