secwatch.observer — SEC 8-K summary
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Issuer:     MEDICAL PROPERTIES TRUST INC (MPT)
CIK:        0001287865
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-058167
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPT Q4 net income $0.03/sh, NFFO $0.18/sh; portfolio reshaping with new leases and acquisitions
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- Net income $17M ($0.03/sh) in Q4 2025 vs net loss ($413M) in Q4 2024; full-year net loss ($277M) vs ($2.4B).
- NFFO per share Q4 $0.18 (flat YoY); full-year NFFO $0.58 vs $0.80 in 2024.
- Entered new 15-year lease for six former Prospect California hospitals, expected to ramp to $45M annual rent by Dec 2026.
- Completed Vibra restructuring: new 20-year master lease, received $18M one-time rent payment; acquired two post-acute facilities ($32M US; €23M Europe).
- Repurchased ~4.5M shares for $23.4M; declared $0.09/sh quarterly dividend; CEO reaffirms $1B pro forma annualized cash rent target by end 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287865/000119312526058167/0001193125-26-058167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287865/000119312526058167/d106067d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-058167

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