Medical Properties Trust, Inc. (NYSE: MPT) today announced financial and operating results for the third quarter ended September 30, 2026, as well as certain events occurring subsequent to quarter end.
Net income of $0.34 and Normalized Funds from Operations of $0.11 for the 2026 third quarter, all on a per share basis;
Completed the previously announced private offering of approximately $2.4 billion of secured notes, the proceeds of which were used to repay existing debt, including the 2026 notes as well as approximately 50% of the 2027 notes, resulting in a gain of $70 million in the quarter;
Completed the sales of certain assets which resulted in approximately $680 million in cash proceeds in the third quarter, representing an aggregate $158 million gain; and
Paid a regular quarterly dividend of $0.09 per share in October 2026.
CEO Edward K. Aldag said, “Our results this quarter demonstrate the decisive steps we have taken to strengthen our balance sheet and create greater flexibility to further reduce debt and pursue selective growth opportunities.
“As health-care providers around the world seek new solutions to capital challenges, our business model is more important than ever and we are well positioned to create long-term value for our shareholders.”
MPT shares gave up 6.5 cents, 2.4%, to $2.71.