Care Capital Properties Company Profile (NYSE:CCP)

About Care Capital Properties (NYSE:CCP)

Care Capital Properties logoCare Capital Properties, Inc. is a self-administered, self-managed real estate investment trust with a diversified portfolio of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. The Company leases its properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs and taxes. It also manages a small portfolio of secured and unsecured loans, made primarily to its SNF operators and other post-acute care providers. As of December 31, 2016, its portfolio consisted of 345 properties operated by 38 private regional and local care providers, spread across 36 states and containing a total of approximately 38,000 beds/units. It conducts all of its operations through its operating partnership, Care Capital Properties, LP, and its subsidiaries.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $2.34 billion
  • Outstanding Shares: 84,049,000
Average Prices:
  • 50 Day Moving Avg: $27.31
  • 200 Day Moving Avg: $25.44
  • 52 Week Range: $22.70 - $31.56
P/E:
  • Trailing P/E Ratio: 14.81
  • Foreward P/E Ratio: 15.54
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $335.69 million
  • Price / Sales: 6.96
  • Book Value: $14.09 per share
  • Price / Book: 1.97
Dividend:
  • Annual Dividend: $2.28
  • Dividend Yield: 8.3%
Profitability:
  • EBIDTA: $308.17 million
  • Net Margins: 34.14%
  • Return on Equity: 9.92%
  • Return on Assets: 4.09%
Debt:
  • Debt-to-Equity Ratio: 1.25%
  • Current Ratio: 2.22%
  • Quick Ratio: 2.22%
Misc:
  • Average Volume: 1.07 million shs.
  • Beta: 0.38
  • Short Ratio: 8.75
 

Frequently Asked Questions for Care Capital Properties (NYSE:CCP)

What is Care Capital Properties' stock symbol?

Care Capital Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCP."

How often does Care Capital Properties pay dividends? What is the dividend yield for Care Capital Properties?

Care Capital Properties declared a quarterly dividend on Friday, May 19th. Investors of record on Friday, June 9th will be paid a dividend of $0.57 per share on Friday, June 30th. This represents a $2.28 annualized dividend and a yield of 8.20%. The ex-dividend date is Wednesday, June 7th. View Care Capital Properties' Dividend History.

How were Care Capital Properties' earnings last quarter?

Care Capital Properties Inc (NYSE:CCP) posted its earnings results on Tuesday, May, 9th. The company reported $0.68 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.26. The business earned $82.80 million during the quarter, compared to analysts' expectations of $83.32 million. Care Capital Properties had a return on equity of 9.92% and a net margin of 34.14%. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. View Care Capital Properties' Earnings History.

Where is Care Capital Properties' stock going? Where will Care Capital Properties' stock price be in 2017?

4 brokers have issued 1 year price targets for Care Capital Properties' stock. Their forecasts range from $20.00 to $33.00. On average, they expect Care Capital Properties' stock price to reach $26.00 in the next twelve months. View Analyst Ratings for Care Capital Properties.

Who are some of Care Capital Properties' key competitors?

Who owns Care Capital Properties stock?

Care Capital Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (18.13%), BlackRock Inc. (11.03%), Goldman Sachs Group Inc. (9.75%), State Street Corp (4.14%), Bank of New York Mellon Corp (2.90%) and APG Asset Management US Inc. (2.26%). Company insiders that own Care Capital Properties stock include Douglas Crocker II, Jeffrey A Malehorn, John L Workman, John S Gates Jr and Raymond J Lewis. View Institutional Ownership Trends for Care Capital Properties.

Who sold Care Capital Properties stock? Who is selling Care Capital Properties stock?

Care Capital Properties' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Nationwide Fund Advisors, Goldman Sachs Group Inc., Morgan Stanley, Principal Financial Group Inc., Russell Investments Group Ltd., California Public Employees Retirement System and WINTON GROUP Ltd. View Insider Buying and Selling for Care Capital Properties.

Who bought Care Capital Properties stock? Who is buying Care Capital Properties stock?

Care Capital Properties' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Anchor Capital Advisors LLC, American Century Companies Inc., Wells Fargo & Company MN, Global X Management Co. LLC, Kestrel Investment Management Corp and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Care Capital Properties stock in the last two years include Douglas Crocker II, Jeffrey A Malehorn, John L Workman, John S Gates Jr and Raymond J Lewis. View Insider Buying and Selling for Care Capital Properties.

How do I buy Care Capital Properties stock?

Shares of Care Capital Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Care Capital Properties stock cost?

One share of Care Capital Properties stock can currently be purchased for approximately $27.81.

Analyst Ratings

Consensus Ratings for Care Capital Properties (NYSE:CCP) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $26.00 (6.51% downside)

Analysts' Ratings History for Care Capital Properties (NYSE:CCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017JMP SecuritiesUpgradeUnderperform -> Market PerformHighView Rating Details
5/8/2017Hilliard LyonsDowngradeBuy -> NeutralHighView Rating Details
12/16/2016MizuhoDowngradeBuy -> Neutral$26.00 -> $25.00N/AView Rating Details
9/14/2016StephensInitiated CoverageOverweight$33.00N/AView Rating Details
9/24/2015Goldman Sachs Group IncInitiated CoverageNeutral$36.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Care Capital Properties (NYSE:CCP)
Earnings by Quarter for Care Capital Properties (NYSE:CCP)
Earnings History by Quarter for Care Capital Properties (NYSE:CCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.42$0.68$83.32 million$82.80 millionViewListenView Earnings Details
2/28/2017Q416$0.40$0.44$80.91 million$90.41 millionViewListenView Earnings Details
11/10/2016Q316$0.70$0.75$79.99 million$87.29 millionViewN/AView Earnings Details
8/11/2016Q216$0.76$0.79$79.72 million$85.66 millionViewListenView Earnings Details
5/6/2016Q116$0.79$0.80$82.22 million$84.54 millionViewN/AView Earnings Details
3/10/2016Q415$0.79$0.38$82.32 billion$87.33 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Care Capital Properties (NYSE:CCP)
Current Year EPS Consensus Estimate: $1.83 EPS
Next Year EPS Consensus Estimate: $1.79 EPS

Dividends

Current Dividend Information for Care Capital Properties (NYSE:CCP)
Next Dividend:6/30/2017
Annual Dividend:$2.28
Dividend Yield:8.20%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:161.70% (Trailing 12 Months of Earnings)
124.59% (Based on This Year's Estimates)
127.37% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Care Capital Properties (NYSE:CCP)

Dividend History by Quarter for Care Capital Properties (NYSE:CCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/19/2017quarterly$0.578.28%6/7/20176/9/20176/30/2017
2/28/2017Quarterly$0.578.74%3/8/20173/10/20173/31/2017
12/7/2016quarterly$0.578.97%12/14/201612/16/20161/5/2017
9/7/2016quarterly$0.577.24%9/14/20169/16/20169/30/2016
5/11/2016quarterly$0.578.74%6/8/20166/10/20166/30/2016
3/11/2016quarterly$0.578.38%3/17/20163/21/20163/31/2016
12/11/2015quarterly$0.577.52%12/17/201512/21/201512/31/2015
9/3/2015quarterly$0.577.18%9/10/20159/14/20159/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Care Capital Properties (NYSE:CCP)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 90.08%
Insider Trades by Quarter for Care Capital Properties (NYSE:CCP)
Institutional Ownership by Quarter for Care Capital Properties (NYSE:CCP)
Insider Trades by Quarter for Care Capital Properties (NYSE:CCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Jeffrey A MalehornDirectorBuy3,250$24.67$80,177.50View SEC Filing  
11/15/2016John L WorkmanDirectorBuy10,000$23.76$237,600.00View SEC Filing  
11/14/2016Douglas Crocker IIDirectorBuy20,000$23.40$468,000.00View SEC Filing  
5/19/2016Douglas Crocker IIDirectorBuy10,000$24.65$246,500.00View SEC Filing  
3/28/2016Raymond J LewisCEOBuy20,000$25.69$513,800.00View SEC Filing  
3/15/2016John L WorkmanDirectorBuy2,750$26.96$74,140.00View SEC Filing  
2/11/2016Douglas Crocker IIDirectorBuy15,224$24.09$366,746.16View SEC Filing  
2/10/2016John S Gates JrDirectorBuy10,290$24.31$250,149.90View SEC Filing  
8/18/2015John L. WorkmanDirectorBuy3,000$35.24$105,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Care Capital Properties (NYSE:CCP)
Latest Headlines for Care Capital Properties (NYSE:CCP)
Source:
DateHeadline
americanbankingnews.com logoCare Capital Properties Inc Announces Quarterly Dividend of $0.57 (CCP)
www.americanbankingnews.com - May 19 at 5:48 PM
streetinsider.com logoCare Capital Properties (CCP) Declares $0.57 Quarterly Dividend; 8.3% Yield
www.streetinsider.com - May 19 at 8:51 AM
finance.yahoo.com logoCare Capital Properties Declares Regular Quarterly Dividend of $0.57 Per Share
finance.yahoo.com - May 19 at 8:51 AM
prnewswire.com logoLifshitz & Miller LLP Announces Investigation of Angie's List, Inc ... - PR Newswire (press release)
www.prnewswire.com - May 17 at 11:45 AM
businesswire.com logoINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Care Capital Properties, Inc. and Encourages Investors to Contact the Firm for Additional ...
www.businesswire.com - May 16 at 9:17 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Care Capital Properties, Inc. and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 16 at 4:16 PM
prnewswire.com logoCARE CAPITAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC ... - PR Newswire (press release)
www.prnewswire.com - May 12 at 4:45 PM
finance.yahoo.com logoCARE CAPITAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Care Capital Properties, Inc.
finance.yahoo.com - May 12 at 4:45 PM
seekingalpha.com logoCare Capital Properties' Merger With Sabra Healthcare Creates An Opportunity
seekingalpha.com - May 11 at 2:29 AM
businesswire.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Care Capital ... - Business Wire (press release)
www.businesswire.com - May 10 at 4:23 PM
businesswire.com logoCARE CAPITAL PROPERTIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of ... - Business Wire (press release)
www.businesswire.com - May 10 at 4:23 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Care Capital Properties, Inc. and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 10 at 4:23 PM
americanbankingnews.com logoCare Capital Properties Inc (CCP) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 9 at 6:24 PM
finance.yahoo.com logoCARE CAPITAL PROPERTIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
finance.yahoo.com - May 9 at 4:11 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Care Capital Properties, Inc. to Sabra Health Care REIT, Inc. is Fair to Shareholders -- CCP
finance.yahoo.com - May 9 at 4:11 PM
americanbankingnews.com logoCare Capital Properties Inc (CCP) Posts Quarterly Earnings Results, Beats Expectations By $0.26 EPS
www.americanbankingnews.com - May 9 at 1:18 PM
businesswire.com logoCare Capital Properties Reports First Quarter 2017 Results - Business Wire (press release)
www.businesswire.com - May 9 at 8:23 AM
bizjournals.com logoSabra Health Care, Care Capital Properties merge in $7.4 billion deal - L.A. Biz
www.bizjournals.com - May 9 at 8:23 AM
finance.yahoo.com logoCare Capital Properties Reports First Quarter 2017 Results
finance.yahoo.com - May 9 at 8:23 AM
finance.yahoo.com logoCare Capital Properties reports 1Q results
finance.yahoo.com - May 9 at 8:23 AM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Care Capital Properties, Inc. to Sabra Health Care REIT, Inc. is Fair to ...
www.businesswire.com - May 8 at 9:08 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Care Capital Properties, Inc. to Sabra Health Care REIT, Inc. is Fair to Shareholders
finance.yahoo.com - May 8 at 9:08 PM
finance.yahoo.com logoCARE CAPITAL (CCP) ALERT: J&W Investigates Price and Process of Proposed Sale of Care Capital Properties, Inc.; Are Shareholders Getting a Fair Deal?
finance.yahoo.com - May 8 at 9:08 PM
americanbankingnews.com logoCare Capital Properties Inc (CCP) Rating Increased to Market Perform at JMP Securities
www.americanbankingnews.com - May 8 at 4:17 PM
streetinsider.com logoHilliard Lyons Downgrades Care Capital Properties (CCP) to Neutral
www.streetinsider.com - May 8 at 4:06 PM
prnewswire.com logoWeissLaw LLP: The Care Capital Properties, Inc. Merger May Not Be in the Best ...
www.prnewswire.com - May 8 at 4:06 PM
finance.yahoo.com logoSabra Health Care Limited Partnership -- Moody's places Sabra's ratings on review up and Care Capital's ratings on review down following acquisition announcement
finance.yahoo.com - May 8 at 4:06 PM
finance.yahoo.com logoSabra Health Care, Care Capital Properties merge in $7.4 billion deal
finance.yahoo.com - May 8 at 4:06 PM
finance.yahoo.com logoWeissLaw LLP: The Care Capital Properties, Inc. Merger May Not Be in the Best Interests of CCP Shareholders
finance.yahoo.com - May 8 at 4:06 PM
americanbankingnews.com logoCare Capital Properties Inc (CCP) Lowered to "Neutral" at Hilliard Lyons
www.americanbankingnews.com - May 8 at 1:36 PM
streetinsider.com logoSabra Health Care REIT (SBRA) and Care Capital Properties (CCP) to Merge in $7.4B Deal
www.streetinsider.com - May 8 at 10:10 AM
seekingalpha.com logoSabra Healthcare REIT, Care Capital Properties to merge in $7.4B deal
seekingalpha.com - May 8 at 10:10 AM
nasdaq.com logoSabra Health Care, Care Capital Properties To Combine In An All-stock Merger
www.nasdaq.com - May 8 at 10:10 AM
finance.yahoo.com logoSabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction to Create a Premier Healthcare REIT
finance.yahoo.com - May 7 at 9:27 PM
finance.yahoo.com logoCare Capital Properties, Inc. breached its 50 day moving average in a Bearish Manner : CCP-US : May 5, 2017
finance.yahoo.com - May 5 at 4:25 PM
finance.yahoo.com logoCare Capital Properties Completes Acquisition of Six Behavioral ... - Yahoo Finance
finance.yahoo.com - May 2 at 2:37 PM
americanbankingnews.com logoCare Capital Properties (CCP) Earns News Impact Score of 0.38
www.americanbankingnews.com - May 2 at 12:52 PM
finance.yahoo.com logoCare Capital Properties Completes Acquisition of Six Behavioral Health Hospitals for $400 Million
finance.yahoo.com - May 1 at 8:49 AM
americanbankingnews.com logoCare Capital Properties (CCP) Earning Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 2:03 PM
americanbankingnews.com logoCare Capital Properties (CCP) Earning Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 26 at 5:28 PM
finance.yahoo.com logoETFs with exposure to Care Capital Properties, Inc. : April 25, 2017
finance.yahoo.com - April 25 at 4:01 PM
finance.yahoo.com logoCare Capital Properties Announces First Quarter 2017 Earnings ... - Yahoo Finance
finance.yahoo.com - April 25 at 12:18 PM
finance.yahoo.com logoCare Capital Properties Announces First Quarter 2017 Earnings Release Date and Conference Call
finance.yahoo.com - April 25 at 12:18 PM
americanbankingnews.com logoCare Capital Properties (CCP) Earns Media Sentiment Rating of 0.13
www.americanbankingnews.com - April 23 at 2:57 PM
americanbankingnews.com logoCare Capital Properties (CCP) Earning Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 4:06 PM
americanbankingnews.com logoCare Capital Properties (CCP) Earning Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 9:16 AM
prnewswire.com logoResearch Reports Initiation on REIT Stocks - Physicians Realty, GEO Group, Care Capital, and Healthcare Realty - PR Newswire (press release)
www.prnewswire.com - April 12 at 9:15 PM
streetinsider.com logoCare Capital Properties (CCP) Reports Acquisition of 6 Behavioral ... - StreetInsider.com
www.streetinsider.com - April 12 at 9:15 PM
seekingalpha.com logoCare Capital Properties Acquires Six Behavioral Health Hospitals for $400M
seekingalpha.com - April 11 at 9:17 PM
wsj.com logoProperty Investors Venture Into Behavioral Health Facilities
www.wsj.com - April 11 at 4:17 PM

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Care Capital Properties (CCP) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff