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Stock impact report

Medical Properties Trust: Pricey Valuation With Various Downside Risks [Seeking Alpha]

Medical Properties Trust, Inc. common stock (MPW) 
Last medical properties trust, inc. common stock earnings: 4/29 06:30 pm Check Earnings Report
US:NYSE Investor Relations: medicalpropertiestrust.com
Company Research Source: Seeking Alpha
Through a cap rate-based valuation done, MPW's properties are likely worth less than what is listed on their balance sheet. The valuation of MPW is not a bargain, as many investors and other contributors think. Medical Properties Trust ( NYSE: MPW ) is a REIT that's a fallen angel. The reason I refer to it as a fallen angel is that at one point MPW and many similar net lease commercial REITs were seen as the holy grail of yield investing, in that investors believed that they would pay out consistently growing distributions for perpetuity and that investors would simply need to buy and hold them with a DRIP on it. Tail risk events like a pandemic and the fastest rate hikes since the early 1980s have of course broken that view. As an investor who is deep-value-oriented, I look to fallen angels to find "cheap" assets that are trading for well below intrinsic value, but at the same time, most of these assets are trading cheap for a reason, and hence are value traps. I would put MPW Show less Read more
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