Medical Properties Trust, Inc. (MPW)
| Previous close | 4.8700 |
| Open | 4.4050 |
| Bid | 4.5000 x 21500 |
| Ask | 4.5100 x 3200 |
| Day's range | 4.3100 - 4.7800 |
| 52-week range | 2.9200 - 10.7400 |
| Volume | |
| Avg. volume | 18,494,281 |
| Market cap | 2.719B |
| Beta (5Y monthly) | 1.23 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.9300 |
| Earnings date | 09 May 2024 |
| Forward dividend & yield | 0.74 (15.20%) |
| Ex-dividend date | 19 Apr 2024 |
| 1y target est | 4.95 |
BloombergSteward Health Goes Bankrupt After Mounting Financial Trouble
(Bloomberg) -- Steward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its hospital closures on patients. Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackHamas Says It Accepts Proposal for Gaza Cease-Fire With IsraelAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeJudge Threatens Trump With Jail Over Gag Order ViolationsTreasury Rally Risks Run
- Reuters
UPDATE 1-US hospital network Steward files for bankruptcy, aims for new loan
Steward Health, 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. Steward will seek up to $300 million in financing from Medical Properties Trust, after failing to quickly close a sale of its physician group Stewardship Health. "With the delay in closing of the Stewardship Health transaction, Steward was forced to seek alternative methods of bridging its operations," Steward CEO Ralph de la Torre said Monday.
- Reuters
CORRECTED-U.S. hospital network Steward files for bankruptcy, aims for new loan
Steward Health, which operates 30 hospitals in nine 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 privately-owned hospital chain said it would continue serving patients as normal during its bankruptcy. Steward has sought short-term financing and to sell its physician group Stewardship Health, but the disposal has not come together as quickly as planned, forcing it to seek up to $300 million in financing from Medical Properties Trust.
