About Care Capital Properties (NYSE:CCP)
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
Industry Healthcare REITs
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity40.07%
Return on Assets16.26%
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 dividend on an annualized basis 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) released its earnings results on Thursday, August, 11th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.03. The financial services provider had revenue of $85.66 million for 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 period in the prior year, the business posted $0.87 EPS. View Care Capital Properties' Earnings History.
Where is Care Capital Properties' stock going? Where will Care Capital Properties' stock price be in 2017?
3 analysts have issued twelve-month price targets for Care Capital Properties' stock. Their predictions range from $20.00 to $25.00. On average, they expect Care Capital Properties' stock 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 Sabra Healthcare REIT (SBRA), Physicians Realty Trust (DOC), National Health Investors (NHI), LTC Properties (LTC), Aviv REIT (AVIV), 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) 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
How do I buy Care Capital Properties stock?
Shares of Care Capital Properties can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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.
How big of a company is Care Capital Properties?
Care Capital Properties has a market capitalization of $2.04 billion. Care Capital Properties employs 69 workers across the globe.
How can I contact Care Capital Properties?
Care Capital Properties' mailing address is 191 N WACKER DR STE 1200, CHICAGO, IL 60606-1903, United States. The financial services provider can be reached via phone at +1-312-8814700.
MarketBeat Community Rating for Care Capital Properties (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.
Analysts' Consensus Rating for Care Capital Properties (NYSE:CCP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 3 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$22.50 (7.06% downside)|
Consensus Price Target History for Care Capital Properties (NYSE:CCP)
Analysts' Ratings History for Care Capital Properties (NYSE:CCP)
(Data available from 11/23/2015 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|
Earnings History and Estimates Chart 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)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Care Capital Properties (NYSE:CCP)
|Most Recent Dividend:||6/30/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||78.62% (Trailing 12 Months of Earnings) |
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%
Institutional Ownership Percentage: 88.88%
Insider Trades by Quarter for Care Capital Properties (NYSE CCP)
(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|| |
Latest Headlines for Care Capital Properties (NYSE CCP)
|Goldman Sachs Group Inc Buys DowDuPont Inc, Hilton Worldwide Holdings Inc, Alerian MLP, Sells ...|
www.nasdaq.com - November 16 at 3:24 PM
|Sabra Provides Update on Genesis Exodus; Reaffirms 2017 and 2018 Guidance - GlobeNewswire (press release)|
globenewswire.com - November 14 at 5:34 PM
|Medical Properties Trust (MPW) versus Care Capital Properties (CCP) Head to Head Survey|
www.americanbankingnews.com - November 13 at 3:34 PM
|Critical Analysis: Care Capital Properties (CCP) & Welltower (HCN)|
www.americanbankingnews.com - October 18 at 12:36 PM
|Care Capital Properties (CCP) & Physicians Realty Trust (DOC) Head to Head Contrast|
www.americanbankingnews.com - October 15 at 8:30 AM
|Care Capital Properties (CCP) & Its Peers Financial Survey|
www.americanbankingnews.com - October 10 at 6:28 PM
|Edited Transcript of CCP earnings conference call or presentation 28-Feb-17 3:00pm GMT|
finance.yahoo.com - October 5 at 11:41 AM
|Head to Head Contrast: Care Capital Properties (CCP) vs. Its Competitors|
www.americanbankingnews.com - October 3 at 10:22 PM
|Financial Review: Care Capital Properties (CCP) versus Global Medical REIT (GMRE)|
www.americanbankingnews.com - October 2 at 10:06 PM
|Buy Sabra Health 3.0 - Seeking Alpha|
seekingalpha.com - October 1 at 4:01 PM
|Critical Survey: Care Capital Properties (CCP) and MedEquities Realty Trust (MRT)|
www.americanbankingnews.com - September 25 at 12:18 PM
|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
Care Capital Properties (NYSE CCP) Chart for Thursday, November, 23, 2017