Care 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:
- 52 Week Range: $22.70 - $29.17
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.53
- P/E Growth: 0.00
- Net Margins: 109.47%
- Return on Equity: 40.07%
- Return on Assets: 16.26%
- Debt-to-Equity Ratio: 1.40%
- Current Ratio: 2.50%
- Quick Ratio: 2.50%
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 given a dividend of $0.57 per share on Friday, June 30th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 9.42%. 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) issued its earnings results on Thursday, August, 11th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.76 by $0.03. The company earned $85.66 million during the quarter, compared to analysts' expectations of $79.72 million. Care Capital Properties had a return on equity of 40.07% and a net margin of 109.47%. During the same quarter in the previous year, the business posted $0.87 earnings per share. View Care Capital Properties' Earnings History.
Where is Care Capital Properties' stock going? Where will Care Capital Properties' stock price be in 2017?
3 equities research analysts have issued 12 month target prices for Care Capital Properties' stock. Their forecasts range from $20.00 to $25.00. On average, they anticipate Care Capital Properties' share price to reach $22.50 in the next year. View Analyst Ratings for Care Capital Properties.
Who are some of Care Capital Properties' key competitors?
Some companies that are related to Care Capital Properties include Welltower (HCN), Ventas (VTR), HCP (HCP), Omega Healthcare Investors (OHI), Healthcare Trust of America (HTA), Medical Properties Trust (MPW), Healthcare Realty Trust Incorporated (HR), National Health Investors (NHI), Physicians Realty Trust (DOC), LTC Properties (LTC), CareTrust REIT (CTRE), Assura PLC (AGR), Universal Health Realty Income Trust (UHT), Primary Health Properties PLC (PHP), Community Healthcare Trust Incorporated (CHCT), MedEquities Realty Trust (MRT), Aviv REIT (AVIV) and Global Medical REIT (GMRE).
Who are Care Capital Properties' key executives?
Care Capital Properties' management team includes the folowing people:
- Raymond J. Lewis, Chief Executive Officer, Director
- Lori B. Wittman, Chief Financial Officer, Executive Vice President
- Timothy A. Doman, Chief Operating Officer, Executive Vice President
- Kristen Michelle Benson, Executive Vice President, General Counsel, Corporate Secretary
- Douglas Crocker II, Non-Executive Independent Chairman of the Board
- John S. Gates Jr., Independent Director
- Ronald G. Geary, Independent Director
- Jeffrey A. Malehorn, Independent Director
- Dale Anne Reiss, Independent Director
Who owns Care Capital Properties stock?
Care Capital Properties' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.06%), BlackRock Inc. (11.86%), Goldman Sachs Group Inc. (5.14%), State Street Corp (4.69%), CNH Partners LLC (4.26%) and Bank of New York Mellon Corp (4.05%). 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 Goldman Sachs Group Inc., Vanguard Group Inc., APG Asset Management US Inc., Prudential Financial Inc., First Trust Advisors LP, New York State Common Retirement Fund, Denali Advisors LLC and State Board of Administration of Florida Retirement System. 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 CNH Partners LLC, Alpine Associates Management Inc., JPMorgan Chase & Co., Bank of New York Mellon Corp, BlackRock Inc., American Century Companies Inc., Koch Industries Inc. and Northern Trust Corp. 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.
What is Care Capital Properties' stock price today?
MarketBeat Community Rating for Care Capital Properties (NYSE CCP)MarketBeat's community ratings are surveys of what our community members think about Care Capital Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Care Capital Properties stock can currently be purchased for approximately $24.21.
Consensus Ratings for Care Capital Properties (NYSE:CCP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$22.50 (7.06% downside)|
Analysts' Ratings History for Care Capital Properties (NYSE:CCP)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/8/2017||JMP Securities||Upgrade||Underperform -> Market Perform||High|
|5/8/2017||Hilliard Lyons||Downgrade||Buy -> Neutral||High|
|9/24/2015||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$36.00||N/A|
Earnings History for Care Capital Properties (NYSE:CCP)Earnings History by Quarter for Care Capital Properties (NYSE CCP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/9/2017||Q1 2017||$0.42||$0.68||$83.32 million||$82.80 million||View||Listen|
|2/28/2017||Q416||$0.40||$0.44||$80.91 million||$90.41 million||View||Listen|
|11/10/2016||Q316||$0.70||$0.75||$79.99 million||$87.29 million||View||N/A|
|8/11/2016||Q216||$0.76||$0.79||$79.72 million||$85.66 million||View||Listen|
|5/6/2016||Q116||$0.79||$0.80||$82.22 million||$84.54 million||View||N/A|
|3/10/2016||Q415||$0.79||$0.38||$82.32 billion||$87.33 million||View||Listen|
Earnings Estimates for Care Capital Properties (NYSE:CCP)
Current Year EPS Consensus Estimate: $2.05 EPS
Next Year EPS Consensus Estimate: $1.79 EPS
Current Dividend Information for Care Capital Properties (NYSE:CCP)
|Most Recent Dividend:||6/30/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||121.28% (Trailing 12 Months of Earnings) |
111.22% (Based on This Year's Estimates)
127.37% (Based on Next Year's Estimates)
Dividend History by Quarter for Care Capital Properties (NYSE CCP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Care Capital Properties (NYSE:CCP)
Insider Ownership Percentage: 1.70%Insider Trades by Quarter for Care Capital Properties (NYSE:CCP)
Institutional Ownership Percentage: 88.88%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/20/2016||Jeffrey A Malehorn||Director||Buy||3,250||$24.67||$80,177.50|| |
|11/15/2016||John L Workman||Director||Buy||10,000||$23.76||$237,600.00|| |
|11/14/2016||Douglas Crocker II||Director||Buy||20,000||$23.40||$468,000.00|| |
|5/19/2016||Douglas Crocker II||Director||Buy||10,000||$24.65||$246,500.00|| |
|3/28/2016||Raymond J Lewis||CEO||Buy||20,000||$25.69||$513,800.00|| |
|3/15/2016||John L Workman||Director||Buy||2,750||$26.96||$74,140.00|| |
|2/11/2016||Douglas Crocker II||Director||Buy||15,224||$24.09||$366,746.16|| |
|2/10/2016||John S Gates Jr||Director||Buy||10,290||$24.31||$250,149.90|| |
|8/18/2015||John L. Workman||Director||Buy||3,000||$35.24||$105,720.00|| |
Headline Trends for Care Capital Properties (NYSE:CCP)
Latest Headlines for Care Capital Properties (NYSE:CCP)
|Head-To-Head Contrast: Care Capital Properties (CCP) and Its Peers|
www.americanbankingnews.com - September 21 at 2:14 AM
|Critical Review: Care Capital Properties (CCP) and its Rivals|
www.americanbankingnews.com - September 12 at 6:08 AM
|Financial Analysis: Care Capital Properties (CCP) versus The Competition|
www.americanbankingnews.com - September 11 at 6:24 PM
|Sabra Health Care REIT's (SBRA) CEO Rick Matros on Post-Merger Road Map and 2018 Guidance Conference Call (Transcript)|
seekingalpha.com - September 9 at 4:43 PM
|Contrasting Care Capital Properties (CCP) & Sabra Healthcare REIT (SBRA)|
www.americanbankingnews.com - September 8 at 10:30 AM
|BRIEF-Sabra provides update on Care Capital Properties portfolio repositioning|
www.reuters.com - September 7 at 10:13 PM
|Analysis: The Market Has Oversold Shares Of Sabra Health Care REIT With A Catalyst On The Horizon - Benzinga|
www.benzinga.com - September 5 at 11:37 PM
|Sabra Health Care REIT, Inc. Receives Investment Grade Ratings From Standard & Poor's and Fitch and a Two Notch ... - Nasdaq|
www.nasdaq.com - August 23 at 10:20 PM
|Sabra Health Care REIT, Inc. Receives Investment Grade Ratings From Standard & Poor’s and Fitch and a Two Notch Upgrade From Moody’s|
globenewswire.com - August 23 at 5:17 PM
|Care Capital Properties, Inc. (CCP) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - August 23 at 2:34 PM
|Analyzing Care Capital Properties (CCP) & Universal Health Realty Income Trust (UHT)|
www.americanbankingnews.com - August 21 at 2:24 PM
|Edited Transcript of CCP earnings conference call or presentation 10-Mar-16 3:00pm GMT|
finance.yahoo.com - August 18 at 5:07 PM
|[$$] Sabra Health Care Shareholders Approve Deal With Care Capital Properties|
finance.yahoo.com - August 15 at 10:47 PM
|Sabra Shareholders Approve Merger with Care Capital Properties|
finance.yahoo.com - August 15 at 5:45 PM
|Care Capital Properties Stockholders Approve Merger with Sabra Health Care|
finance.yahoo.com - August 15 at 5:45 PM
|Care Capital Properties Inc|
finance.yahoo.com - August 10 at 6:14 PM
|IHS Markit Score downgrades Care Capital Properties Inc to 30 out of 100, ranking positively in two out of three available IHS Markit categories.|
finance.yahoo.com - August 10 at 6:13 PM
|See what the IHS Markit Score report has to say about Care Capital Properties Inc.|
finance.yahoo.com - August 9 at 10:16 PM
|Egan-Jones Joins Glass Lewis in Recommending Sabra Shareholders Vote “FOR” Proposed Transaction with Care ... - GlobeNewswire (press release)|
globenewswire.com - August 9 at 2:50 AM
|Egan-Jones Joins Glass Lewis in Recommending Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties|
finance.yahoo.com - August 8 at 9:49 PM
|Form 8-K Care Capital Properties, For: Aug 08 - StreetInsider.com - StreetInsider.com|
www.streetinsider.com - August 8 at 4:48 PM
|Outfront Media (OUT) Q2 FFO, Revenues Beat Estimates|
finance.yahoo.com - August 4 at 5:18 PM
|Glass Lewis Recommends Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties - Nasdaq|
www.nasdaq.com - August 3 at 6:33 PM
|Glass Lewis Recommends Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties|
finance.yahoo.com - August 3 at 6:32 PM
|Sabra Health Care REIT (SBRA) Says ISS Reached 'Wrong Conclusion' on Care Capital Properties (CCP) Deal ... - StreetInsider.com|
www.streetinsider.com - August 3 at 3:47 AM
|Hudson Bay Capital Comments on ISS Recommendation Against Sabra Health Care’s Proposed Acquisition of Care Capital|
www.businesswire.com - August 2 at 5:46 PM
|Sabra Health Care REIT (SBRA) Says ISS Reached 'Wrong Conclusion' on Care Capital Properties (CCP) Deal Recommendation|
www.streetinsider.com - August 2 at 5:46 PM
|Care Capital Properties, Inc. (NYSE:CCP) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - August 2 at 7:20 AM
|Should You Vote For This REIT Merger? - Seeking Alpha|
seekingalpha.com - August 1 at 3:33 PM
|Hudson Bay Capital Publishes Open Letter to Sabra Health Care REIT (SBRA) Shareholders to 'Set the Record ... - StreetInsider.com|
www.streetinsider.com - July 31 at 10:02 PM
|Sabra Health Care REIT, Inc. Announces Anticipated Entry into $2.5 Billion Amended and Restated Credit Facility|
finance.yahoo.com - July 31 at 5:01 PM
|Care Capital Properties, Inc. (CCP) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - July 29 at 12:53 PM
|Activists Can Be Deal-Breakers, Too|
finance.yahoo.com - July 25 at 4:55 PM
|[$$] Hedge Funds Take Aim at Health Care REIT Merger|
finance.yahoo.com - July 25 at 4:55 PM
|Hudson Bay Capital Releases Presentation to Sabra Shareholders Highlighting Disastrous Proposition of Care Capital Acquisition|
www.businesswire.com - July 25 at 2:34 AM
|Eminence Capital to Vote Against Merger Between Sabra Health Care REIT, Inc ...|
www.prnewswire.com - July 24 at 9:32 PM
|Eminence Capital to Vote Against Merger Between Sabra Health Care REIT, Inc. and Care Capital Properties Inc.|
www.bizjournals.com - July 24 at 9:32 PM
|ETFs with exposure to Care Capital Properties, Inc. : July 24, 2017|
finance.yahoo.com - July 24 at 4:31 PM
|Sabra investors urge REIT to drop Care Capital deal - Reuters|
www.reuters.com - July 24 at 11:48 AM
|Eminence Capital Plans to Vote Against Sabra's Care Capital Deal|
finance.yahoo.com - July 24 at 11:48 AM
|Sabra investors urge REIT to drop Care Capital deal|
finance.yahoo.com - July 24 at 11:48 AM
|Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Care Capital Properties, Inc. - PR Newswire (press release)|
www.prnewswire.com - July 20 at 6:48 PM
|ETFs with exposure to Care Capital Properties, Inc. : July 14, 2017|
finance.yahoo.com - July 14 at 7:01 PM
|Hudson Bay Capital Issues Open Letter to Sabra Shareholders ... - Business Wire (press release)|
www.businesswire.com - July 13 at 6:04 PM
|Hudson Bay Urges Sabra Holders to Reject Care Capital Deal|
finance.yahoo.com - July 13 at 6:04 PM
|Analyzing LTC Properties (LTC) & Care Capital Properties (CCP)|
www.americanbankingnews.com - July 12 at 2:08 PM
|Relative Strength Alert For Care Capital Properties|
www.nasdaq.com - July 12 at 4:04 AM
|Out-of-state developer planning spec warehouse at Rickenbacker|
www.bizjournals.com - July 10 at 10:00 PM
|Care Capital Properties, Inc. (CCP) Stock Rating Lowered by BidaskClub|
www.americanbankingnews.com - July 8 at 8:26 PM
|Sabra Health Care REIT, Inc., Hires Brent Chappell as Executive Vice President - Portfolio Manager - Nasdaq|
www.nasdaq.com - July 6 at 11:18 PM
Care Capital Properties (CCP) Chart for Friday, September, 22, 2017