Medical Properties Trust, Inc. (MPT) reported third-quarter 2026 revenue of $250.1 million, compared with $237.5 million a year earlier. Net income was $202.1 million versus a $77.5 million net loss; funds from operations (FFO) were $143.4 million versus $92.0 million, while normalized funds from operations (NFFO) were $63.8 million versus $77.2 million.
MPT sold its remaining interest in five Utah hospitals for approximately $174 million and its interest in the real estate of two Idaho hospitals for approximately $371 million. These and other recent transactions provided $680 million in proceeds available for debt repayment and other balance-sheet improvement. HSA’s revenue-collection challenges precluded payment of September rent, reducing quarterly NFFO by $0.02 per share. MPT provided HSA additional working-capital support, and HSA engaged Ovation Healthcare to oversee portfolio operations. MPT expects 2027 portfolio cash rents in excess of $1.0 billion, including conservative assumptions for cash-basis tenants and after reduction of rental income associated with assets sold in the third quarter.
As of September 30, 2026, MPT had $9.26 billion of debt, net, and an adjusted net debt to adjusted annualized EBITDAre ratio of 8.7x. MPT extended its revolver maturity to December 30, 2026; a further six-month extension is available subject to certain conditions.
Medical Properties Trust reported that its Chairman, President & CEO, Edward K. Aldag Jr., had 109,433 shares withheld upon vesting of restricted stock on October 7, 2026, to satisfy tax-withholding obligations. The transaction was not a sale. His directly held position following the transaction was 6,576,342 shares.
Medical Properties Trust Inc. (MPT) reports that Executive Vice President & CFO R. Steven Hamner had 48,548 shares of restricted stock withheld upon vesting on October 7, 2026, to satisfy tax withholding obligations. The reported price was $3.51 per share. The withholding was not a sale, and Hamner reported direct holdings of 3,743,924 shares afterward.
Medical Properties Trust Inc.'s SVP, Senior Advisor to the CEO, Larry H. Portal, had 4,048 shares withheld upon vesting of restricted stock on October 7, 2026, to satisfy tax withholding obligations. The footnote states this did not constitute a sale transaction. His direct holdings afterward were 570,980 shares.
Medical Properties Trust Inc. Senior VP, Controller & CAO James Kevin Hanna had 3,295 common shares withheld on October 7, 2026, upon vesting of restricted stock to satisfy tax withholding obligations. The footnote states this was not a sale. He directly held 539,209 shares following the transaction. No Rule 10b5-1 plan is reported.
Medical Properties Trust (MPT) SVP of Operations Rosa Handley Williams had 1,938 shares withheld upon restricted stock vesting on October 7, 2026, to satisfy tax withholding obligations; the footnote states this was not a sale transaction. The reported per-share figure was $3.51. Williams directly held 446,960 shares after the transaction.
Medical Properties Trust Inc. SVP of Finance and Treasurer Charles R. Lambert had 2,347 shares withheld upon vesting of restricted stock on October 7, 2026, to satisfy tax withholding obligations. The footnote states this was not a sale transaction. The reported transaction price was $3.51 per share, and Lambert directly held 385,360 shares afterward.
MEDICAL PROPERTIES TRUST INC (MPT) reported that Senior VP, Controller & CAO James Kevin Hanna purchased common stock in an open market or private transaction. He bought 2,300 shares on 2026-08-20 at $4.15 per share, bringing his direct holdings to 542,504 shares of common stock, par value $0.001.
Medical Properties Trust, Inc., through MPT Operating Partnership, L.P. and MPT Finance Corporation, entered into a material financing transaction with institutional investors, issuing $2.4 billion aggregate principal amount of new 9.25% senior secured notes due 2032 in a private placement and exchange.
The issuers intend to use the net cash proceeds to redeem in full their senior notes due 2026 and partially redeem senior notes due 2027, while the exchange component refinances approximately $1.5 billion of unsecured notes maturing between 2027 and 2031. The notes pay interest semi-annually beginning December 15, 2026 and mature on February 15, 2032, with various optional redemption features, including an equity-funded redemption of up to 40% of the notes at 109.250% of principal before August 10, 2028.
The notes are fully and unconditionally guaranteed on a joint and several basis by the company and specified subsidiaries, and are secured by first-priority liens on equity and certain real properties of first-lien guarantors, with future second-lien status tied to the revolving credit facility. The indenture includes restrictive covenants, requires total unencumbered assets of at least 150% of collective unsecured debt, and provides customary events of default and a Change of Control repurchase right at 101% of principal plus accrued interest.
Medical Properties Trust, Inc., a healthcare-focused REIT, reported for the quarter ended June 30, 2026 total revenues of $259.3 million, up from $240.4 million a year earlier, driven mainly by higher billed rent and income from leases and loans. For the first six months of 2026, revenues were $511.3 million versus $464.2 million in 2025.
Net (loss) income attributable to common stockholders was $(2.6) million for the quarter, an improvement from a $(98.4) million loss in 2025. For the six months, net income attributable to common stockholders was $30.2 million, compared with a loss of $(216.6) million, helped by lower impairment charges and smaller negative fair value adjustments.
Total assets were $14.7 billion at June 30, 2026, including a net investment in real estate assets of $10.9 billion and cash and cash equivalents of $396.6 million. Debt, net, remained high at $9.7 billion, and stockholders’ equity was $4.5 billion. The company generated $48.2 million of net cash from operating activities in the first half and paid common dividends of $0.18 per share. Medical Properties owned investments in 373 facilities across the U.S., Europe, and South America under a long-term net-lease healthcare real estate strategy.