Medical Properties Trust, Inc. announced financial results for the fourth quarter and full year ended December 31, 2020. The company reported a net income of $0.20 per share and Normalized Funds from Operations (NFFO) of $0.41 per share for the fourth quarter. MPT grew NFFO per share by 21% in 2020.
Net income of $0.20 and Normalized Funds from Operations (“NFFO”) of $0.41 for the 2020 fourth quarter.
Closed in the fourth quarter on one inpatient rehabilitation (“IRF”) development agreement and six general acute and IRF acquisitions in the U.S., the U.K., Switzerland, and Colombia totaling nearly $670 million.
Issued $1.3 billion in 3.5% senior unsecured notes due in 2031 during and subsequent to the fourth quarter.
MPT expects an annual run-rate of $1.14 to $1.18 per diluted share for net income and $1.72 to $1.76 per diluted share for NFFO.
MPT expects an annual run-rate of $1.14 to $1.18 per diluted share for net income and $1.72 to $1.76 per diluted share for NFFO.
Visualization of income flow from segment revenue to net income