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: $2.04 billion
  • Outstanding Shares: 84,070,000
Average Prices:
  • 50 Day Moving Avg: $25.11
  • 200 Day Moving Avg: $25.99
  • 52 Week Range: $22.70 - $31.56
P/E:
  • Trailing P/E Ratio: 8.37
  • Foreward P/E Ratio: 13.53
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $338.99 million
  • Price / Sales: 6.00
  • Book Value: $14.96 per share
  • Price / Book: 1.62
Dividend:
  • Annual Dividend: $2.28
  • Dividend Yield: 9.4%
Profitability:
  • EBIDTA: $331.53 million
  • Net Margins: 65.25%
  • Return on Equity: 20.38%
  • Return on Assets: 8.35%
Debt:
  • Debt-to-Equity Ratio: 1.40%
  • Current Ratio: 2.50%
  • Quick Ratio: 2.50%
Misc:
  • Average Volume: 1.85 million shs.
  • Beta: 0.38
  • Short Ratio: 7.76
 

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. Shareholders 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 annualized dividend and a yield of 9.42%. The ex-dividend date of this dividend is Wednesday, June 7th. View Care Capital Properties' Dividend History.

How were Care Capital Properties' earnings last quarter?

Care Capital Properties, Inc. (NYSE:CCP) announced its quarterly earnings results on Thursday, August, 11th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.03. The business earned $85.66 million during the quarter, compared to the consensus estimate of $79.72 million. Care Capital Properties had a return on equity of 20.38% and a net margin of 65.25%. During the same quarter last year, the company earned $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?

4 brokerages have issued 12 month price targets for Care Capital Properties' shares. Their forecasts range from $20.00 to $33.00. On average, they expect Care Capital Properties' share 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 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 a number of of institutional and retail investors. Top institutional investors 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 bought 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?

One share of Care Capital Properties stock can currently be purchased for approximately $24.21.


MarketBeat Community Rating for Care Capital Properties (NYSE CCP)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  141
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.

Analyst Ratings

Consensus Ratings for Care Capital Properties (NYSE:CCP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $26.00 (7.39% upside)

Analysts' Ratings History for Care Capital Properties (NYSE:CCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/28/2017MizuhoReiterated RatingNeutralLowView Rating Details
5/8/2017JMP SecuritiesUpgradeUnderperform -> Market PerformHighView Rating Details
5/8/2017Hilliard LyonsDowngradeBuy -> NeutralHighView Rating Details
9/14/2016StephensInitiated CoverageOverweight$33.00N/AView Rating Details
9/24/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$36.00N/AView Rating Details
(Data available from 8/19/2015 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: $2.05 EPS
Next Year EPS Consensus Estimate: $1.79 EPS

Dividends

Current Dividend Information for Care Capital Properties (NYSE:CCP)
Most Recent Dividend:6/30/2017
Annual Dividend:$2.28
Dividend Yield:9.42%
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 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: 88.88%
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
finance.yahoo.com logoEdited Transcript of CCP earnings conference call or presentation 10-Mar-16 3:00pm GMT
finance.yahoo.com - August 18 at 5:07 PM
finance.yahoo.com logo[$$] Sabra Health Care Shareholders Approve Deal With Care Capital Properties
finance.yahoo.com - August 15 at 10:47 PM
finance.yahoo.com logoSabra Shareholders Approve Merger with Care Capital Properties
finance.yahoo.com - August 15 at 5:45 PM
finance.yahoo.com logoCare Capital Properties Stockholders Approve Merger with Sabra Health Care
finance.yahoo.com - August 15 at 5:45 PM
finance.yahoo.com logoCare Capital Properties Inc
finance.yahoo.com - August 10 at 6:14 PM
finance.yahoo.com logoIHS 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
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Care Capital Properties Inc.
finance.yahoo.com - August 9 at 10:16 PM
globenewswire.com logoEgan-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
finance.yahoo.com logoEgan-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
streetinsider.com logoForm 8-K Care Capital Properties, For: Aug 08 - StreetInsider.com - StreetInsider.com
www.streetinsider.com - August 8 at 4:48 PM
finance.yahoo.com logoOutfront Media (OUT) Q2 FFO, Revenues Beat Estimates
finance.yahoo.com - August 4 at 5:18 PM
nasdaq.com logoGlass Lewis Recommends Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties - Nasdaq
www.nasdaq.com - August 3 at 6:33 PM
finance.yahoo.com logoGlass Lewis Recommends Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties
finance.yahoo.com - August 3 at 6:32 PM
streetinsider.com logoSabra 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
businesswire.com logoHudson 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
streetinsider.com logoSabra 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
americanbankingnews.com logoCare Capital Properties, Inc. (NYSE:CCP) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:20 AM
seekingalpha.com logoShould You Vote For This REIT Merger? - Seeking Alpha
seekingalpha.com - August 1 at 3:33 PM
streetinsider.com logoHudson 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
finance.yahoo.com logoSabra 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
americanbankingnews.com logoCare Capital Properties, Inc. (CCP) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 29 at 12:53 PM
finance.yahoo.com logoActivists Can Be Deal-Breakers, Too
finance.yahoo.com - July 25 at 4:55 PM
finance.yahoo.com logo[$$] Hedge Funds Take Aim at Health Care REIT Merger
finance.yahoo.com - July 25 at 4:55 PM
businesswire.com logoHudson Bay Capital Releases Presentation to Sabra Shareholders Highlighting Disastrous Proposition of Care Capital Acquisition
www.businesswire.com - July 25 at 2:34 AM
prnewswire.com logoEminence Capital to Vote Against Merger Between Sabra Health Care REIT, Inc ...
www.prnewswire.com - July 24 at 9:32 PM
bizjournals.com logoEminence 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
finance.yahoo.com logoETFs with exposure to Care Capital Properties, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 4:31 PM
reuters.com logoSabra investors urge REIT to drop Care Capital deal - Reuters
www.reuters.com - July 24 at 11:48 AM
finance.yahoo.com logoEminence Capital Plans to Vote Against Sabra's Care Capital Deal
finance.yahoo.com - July 24 at 11:48 AM
finance.yahoo.com logoSabra investors urge REIT to drop Care Capital deal
finance.yahoo.com - July 24 at 11:48 AM
prnewswire.com logoFaruqi & 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
finance.yahoo.com logoETFs with exposure to Care Capital Properties, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 7:01 PM
businesswire.com logoHudson Bay Capital Issues Open Letter to Sabra Shareholders ... - Business Wire (press release)
www.businesswire.com - July 13 at 6:04 PM
finance.yahoo.com logoHudson Bay Urges Sabra Holders to Reject Care Capital Deal
finance.yahoo.com - July 13 at 6:04 PM
americanbankingnews.com logoAnalyzing LTC Properties (LTC) & Care Capital Properties (CCP)
www.americanbankingnews.com - July 12 at 2:08 PM
nasdaq.com logoRelative Strength Alert For Care Capital Properties
www.nasdaq.com - July 12 at 4:04 AM
bizjournals.com logoOut-of-state developer planning spec warehouse at Rickenbacker
www.bizjournals.com - July 10 at 10:00 PM
americanbankingnews.com logoCare Capital Properties, Inc. (CCP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 8 at 8:26 PM
nasdaq.com logoSabra Health Care REIT, Inc., Hires Brent Chappell as Executive Vice President - Portfolio Manager - Nasdaq
www.nasdaq.com - July 6 at 11:18 PM
finance.yahoo.com logoSabra Health Care REIT, Inc., Hires Brent Chappell as Executive Vice President - Portfolio Manager
finance.yahoo.com - July 6 at 6:16 PM
finance.yahoo.com logoCare Capital Properties, Inc. breached its 50 day moving average in a Bullish Manner : CCP-US : July 4, 2017
finance.yahoo.com - July 4 at 9:52 PM
americanbankingnews.com logoCare Capital Properties, Inc. (NYSE:CCP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 4 at 1:08 PM
prnewswire.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Care Capital Properties, Inc ... - PR Newswire (press release)
www.prnewswire.com - July 1 at 4:45 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Care Capital Properties, Inc. - CCP
finance.yahoo.com - June 30 at 5:12 PM
americanbankingnews.com logoCare Capital Properties, Inc. (CCP) Upgraded to "Strong-Buy" by BidaskClub
www.americanbankingnews.com - June 28 at 7:58 PM
americanbankingnews.com logoMizuho Reaffirms Neutral Rating for Care Capital Properties, Inc. (CCP)
www.americanbankingnews.com - June 28 at 1:14 PM
americanbankingnews.com logoCare Capital Properties, Inc. (CCP) Upgraded to "Buy" at BidaskClub
www.americanbankingnews.com - June 21 at 8:18 PM
finance.yahoo.com logoCare Capital Properties, Inc. breached its 50 day moving average in a Bullish Manner : CCP-US : June 21, 2017
finance.yahoo.com - June 21 at 5:20 PM
nasdaq.com logoCCP Crosses Above Key Moving Average Level
www.nasdaq.com - June 17 at 3:00 AM
americanbankingnews.com logoCare Capital Properties Inc (CCP) Cut to Sell at BidaskClub
www.americanbankingnews.com - June 10 at 9:20 AM

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Chart

Care Capital Properties (CCP) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff