#2 - Medical Properties Trust (NYSE:MPW)
Medical Properties Trust Inc. (NYSE: MPW) has over 35% short interest as of the end of March. The company has one reason to believe short sellers are right and one reason to think they may be getting this stock wrong.
Medical Properties Trust is a real estate investment trust (REIT) that, as its name suggests, specializes in properties tied to healthcare, such as long-term acute care hospitals and rehabilitation hospitals. That speaks to the fact that America has an aging population that is only going to need more care, not less.
On the other hand, the company operates in the commercial real estate sector, which is under pressure as companies such as Medical Properties Trust have to raise the rent they charge to tenants.
However, the company recently sold its majority position in five properties in Utah, and it's using the $1.1 billion it will receive to pay down its debt. Long-term investors should watch this one closely.
About Medical Properties Trust
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 has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.
Read More - Current Price
- $5.85
- Consensus Rating
- Reduce
- Ratings Breakdown
- 1 Buy Ratings, 8 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $5.22 (10.7% Downside)
