HCP Company Profile (NYSE:HCP)

About HCP

HCP logoHCP, Inc. (HCP) is a self-administered real estate investment trust (REIT). The Company invests in real estate serving the healthcare industry in the United States. Its portfolio consists of investments in various healthcare segments: senior housing, post-acute/skilled nursing, life science, medical office and hospital. Its portfolio includes owned portfolio, unconsolidated joint ventures, and developments and redevelopments. It has interests in unconsolidated joint ventures representing approximately 30 properties primarily in its senior housing, life science and medical office segments. The Company has interests in approximately 530 senior housing facilities, including over 25 properties owned by its unconsolidated joint ventures. Its senior housing facilities include independent living facilities, assisted living facilities, memory care facilities, care homes and continuing care retirement communities. It has interests in approximately 310 post-acute/skilled nursing facilities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Healthcare Facilities
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: HCP
  • CUSIP: 40414L10
Key Metrics:
  • Previous Close: $31.07
  • 50 Day Moving Average: $30.24
  • 200 Day Moving Average: $32.16
  • 52-Week Range: $23.73 - $36.82
  • Trailing P/E Ratio: 23.20
  • Foreward P/E Ratio: 36.99
  • P/E Growth: 15.16
  • Market Cap: $14.55B
  • Outstanding Shares: 468,178,000
  • Beta: 0.27
Profitability:
  • Net Margins: 25.10%
  • Return on Equity: 6.51%
  • Return on Assets: 2.96%
Debt:
  • Debt-to-Equity Ratio: 1.00%
  • Current Ratio: 0.50%
  • Quick Ratio: 0.50%
Additional Links:
Companies Related to HCP:

Analyst Ratings

Consensus Ratings for HCP (NYSE:HCP) (?)
Ratings Breakdown: 2 Sell Ratings, 12 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $32.96 (6.09% upside)

Analysts' Ratings History for HCP (NYSE:HCP)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017BMO Capital MarketsReiterated RatingHold$30.00View Rating Details
2/14/2017Barclays PLCBoost Price TargetEqual Weight$32.00 -> $33.00View Rating Details
1/25/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$29.00 -> $35.00View Rating Details
1/3/2017RBC Capital MarketsSet Price TargetHold$30.00View Rating Details
12/23/2016MizuhoReiterated RatingBuyView Rating Details
11/4/2016Royal Bank Of CanadaUpgradeUnderperform -> Sector Perform$35.00 -> $30.00View Rating Details
11/2/2016Stifel NicolausUpgradeSell -> Hold$33.00 -> $31.00View Rating Details
11/1/2016BTIG ResearchReiterated RatingNeutralView Rating Details
10/4/2016Bank of America CorpUpgradeUnderperform -> Neutral$38.50View Rating Details
9/18/2016ArgusReiterated RatingHoldView Rating Details
9/4/2016Wells Fargo & CompanyReiterated RatingHoldView Rating Details
8/24/2016Citigroup Inc.Boost Price TargetNeutral$34.00 -> $38.00View Rating Details
7/26/2016Raymond James Financial, Inc.Initiated CoverageUnderperformView Rating Details
7/6/2016Jefferies Group LLCReiterated RatingHold -> NeutralView Rating Details
6/22/2016Morgan StanleyDowngradeEqual Weight -> Underweight$32.00View Rating Details
3/21/2016Evercore ISIBoost Price Target$32.00View Rating Details
3/16/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
2/10/2016Hilliard LyonsDowngradeBuyView Rating Details
12/17/2015Cowen and CompanyLower Price TargetMarket Perform$40.00 -> $39.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$42.00 -> $39.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for HCP (NYSE:HCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/13/2017Q416$0.57$0.59$527.10 million$540.00 millionViewN/AView Earnings Details
11/1/2016Q316$0.71$0.72$634.11 million$654.30 millionViewN/AView Earnings Details
8/9/2016Q216$0.70$0.74$631.25 million$662.20 millionViewN/AView Earnings Details
5/9/2016Q116$0.69$0.69$621.93 million$640.80 millionViewN/AView Earnings Details
2/9/2016Q415$0.78$0.80$658.05 million$668.00 millionViewN/AView Earnings Details
11/3/2015Q315$0.77$0.79$599.42 million$657.95 millionViewN/AView Earnings Details
8/4/2015Q215$0.76$0.79$582.84 million$607.50 millionViewListenView Earnings Details
5/5/2015Q115$0.78$0.79$585.51 million$610.80 millionViewListenView Earnings Details
2/10/2015Q414$0.77$0.76$584.82 million$603.53 millionViewListenView Earnings Details
11/4/2014Q314$0.77$0.75$534.60 million$596.60 millionViewListenView Earnings Details
8/5/2014Q214$0.75$0.75$523.50 million$536.12 millionViewListenView Earnings Details
5/6/2014Q114$0.74$0.75$518.87 million$530.00 millionViewListenView Earnings Details
2/11/2014Q413$0.74$0.76$510.39 million$530.30 millionViewListenView Earnings Details
10/29/2013Q313$0.76$0.79$520.90 million$543.96 millionViewListenView Earnings Details
7/30/2013Q213$0.74$0.72$518.53 million$516.30 millionViewListenView Earnings Details
4/30/2013Q113$0.72$0.74$516.30 millionViewListenView Earnings Details
2/12/2013Q412$0.71$0.71$482.51 million$508.49 millionViewListenView Earnings Details
10/30/2012Q312$0.69$0.69$466.58 millionViewN/AView Earnings Details
7/31/2012$0.68$0.69ViewN/AView Earnings Details
5/1/2012$0.66$0.67ViewN/AView Earnings Details
2/14/2012$0.66$0.67ViewN/AView Earnings Details
10/31/2011$0.66$0.67ViewN/AView Earnings Details
8/2/2011$0.76$0.77ViewN/AView Earnings Details
5/3/2011$0.46$0.56ViewN/AView Earnings Details
2/15/2011$0.59$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for HCP (NYSE:HCP)
Current Year EPS Consensus Estimate: $0.82 EPS
Next Year EPS Consensus Estimate: $0.84 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.72$0.72$0.72
Q2 20162$0.70$0.70$0.70
Q3 20162$0.71$0.71$0.71
Q4 20162$0.54$0.72$0.63
Q1 20171$0.71$0.71$0.71
Q2 20171$0.73$0.73$0.73
Q3 20171$0.68$0.68$0.68
Q4 20171$0.69$0.69$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for HCP (NYSE:HCP)
Annual Dividend:$1.48
Dividend Yield:4.76%
Dividend Growth:-0.10% (3 Year Average)
Payout Ratio:111.28% (Based on Trailing 12 Months of Earnings)
180.49% (Based on Current Year Consensus EPS Estimate)
176.19% (Based on Next Year Consensus EPS Estimate)

Dividend History for HCP (NYSE:HCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/2/2017quarterly$0.374.81%2/13/20172/15/20173/2/2017
11/1/2016quarterly$0.3711/8/201611/10/201611/25/2016
7/28/2016quarterly$0.585.86%8/4/20168/8/20168/23/2016
4/27/2016quarterly$0.586.78%5/5/20165/9/20165/24/2016
1/28/2016quarterly$0.586.29%2/4/20162/8/20162/23/2016
10/29/2015quarterly$0.576.08%11/5/201511/9/201511/24/2015
7/30/2015quarterly$0.575.85%8/6/20158/10/20158/25/2015
4/30/2015quarterly$0.575.55%5/7/20155/11/20155/26/2015
1/29/2015quarterly$0.574.78%2/5/20152/9/20152/24/2015
10/30/2014quarterly$0.554.96%11/6/201411/10/201411/25/2014
7/31/2014quarterly$0.555.22%8/7/20148/11/20148/26/2014
5/6/2014quarterly$0.555/27/20145/6/2014
5/1/2014quarterly$0.555.18%5/8/20145/12/20145/27/2014
1/30/2014$0.532/6/20142/10/20142/25/2014
1/30/2014quarterly$0.555.57%2/6/20142/10/20142/25/2014
10/24/2013quarterly$0.534.88%10/31/201311/4/201311/19/2013
7/25/2013quarterly$0.534.63%8/1/20138/5/20138/20/2013
4/25/2013quarterly$0.533.98%5/2/20135/6/20135/21/2013
1/25/2013quarterly$0.534.48%1/31/20132/4/20132/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for HCP (NYSE:HCP)
Insider Ownership Percentage: 0.22%
Institutional Ownership Percentage: 92.37%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2016Thomas D. KirbyInsiderSell3,000$40.24$120,720.00View SEC Filing  
8/31/2016Darren A KowalskeInsiderSell2,250$39.20$88,200.00View SEC Filing  
8/24/2016Kendall K YoungInsiderSell9,000$39.46$355,140.00View SEC Filing  
8/23/2016Jonathan M BergschneiderEVPSell7,651$39.78$304,356.78View SEC Filing  
5/9/2016Kai HsiaoEVPSell266$36.04$9,586.64View SEC Filing  
2/12/2016Thomas D KirbyEVPBuy500$26.10$13,050.00View SEC Filing  
2/11/2016Darren A KowalskeEVPBuy3,822$26.12$99,830.64View SEC Filing  
2/11/2016Lauralee MartinCEOBuy25,000$25.39$634,750.00View SEC Filing  
2/10/2016James Justin HutchensEVPBuy10,000$27.47$274,700.00View SEC Filing  
12/8/2015Peter L RheinDirectorSell5,600$36.43$204,008.00View SEC Filing  
11/11/2015James Justin HutchensEVPBuy3,000$33.09$99,270.00View SEC Filing  
11/11/2015James P HoffmannDirectorBuy10,000$33.00$330,000.00View SEC Filing  
11/6/2015Kendall K YoungEVPBuy2,900$33.95$98,455.00View SEC Filing  
6/12/2015Thomas KlaritchEVPSell32,875$38.20$1,255,825.00View SEC Filing  
8/29/2014Thomas D KirbyEVPSell672$43.25$29,064.00View SEC Filing  
8/27/2014Thomas KlaritchEVPSell2,925$42.74$125,014.50View SEC Filing  
6/16/2014Thomas KlaritchEVPSell40,000$41.29$1,651,600.00View SEC Filing  
6/2/2014Kendall K YoungEVPSell5,114$42.12$215,401.68View SEC Filing  
6/2/2014Peter L RheinDirectorSell5,000$41.89$209,450.00View SEC Filing  
5/14/2014Susan TateEVPSell23,311$42.25$984,889.75View SEC Filing  
5/15/2013Scott A AndersonCAOSell3,826$54.07$206,871.82View SEC Filing  
11/26/2012Thomas D KirbyEVPSell1,000$46.05$46,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for HCP (NYSE:HCP)
DateHeadline
News IconLeading motherboard brand ASRock implements Ares HCP to strengthen HR management (NYSE:HCP)
www.prlog.org - February 20 at 10:50 AM
streetinsider.com logoForm 3 HCP, INC. For: Feb 13 Filed by: Scott Peter A (NYSE:HCP)
www.streetinsider.com - February 17 at 4:13 PM
marketnewsvideo.com logoThursday Sector Leaders: Utilities, Financial (NYSE:HCP)
www.marketnewsvideo.com - February 16 at 10:39 PM
streetinsider.com logoForm 4 HCP, INC. For: Feb 13 Filed by: Young Kendall K (NYSE:HCP)
www.streetinsider.com - February 16 at 10:39 PM
streetinsider.com logoForm 4 HCP, INC. For: Feb 13 Filed by: Young Kendall K - StreetInsider.com (NYSE:HCP)
www.streetinsider.com - February 16 at 5:33 PM
News IconAnalyst's Proposition on HCP, Inc. (HCP), CBRE Group, Inc. (CBG) - The USA Commerce (NYSE:HCP)
www.theusacommerce.com - February 16 at 5:33 PM
capitalcube.com logoHCP, Inc. :HCP-US: Earnings Analysis: 2016 By the Numbers : February 15, 2017 (NYSE:HCP)
www.capitalcube.com - February 16 at 5:33 PM
capitalcube.com logoHCP, Inc. : HCP-US: Dividend Analysis : February 15th, 2017 (record date) : By the numbers : February 15, 2017 (NYSE:HCP)
www.capitalcube.com - February 16 at 5:33 PM
finance.yahoo.com logoHCP, INC. Financials (NYSE:HCP)
finance.yahoo.com - February 16 at 5:33 PM
News IconHCP Inc.'s Q4 FFO Beats On Estimates, Revenues Lag (NYSE:HCP)
www.talkmarkets.com - February 15 at 4:56 AM
News IconWith Brookdale ‘In Teeth of the Storm,’ Takeout Chatter Continues (NYSE:HCP)
seniorhousingnews.com - February 14 at 11:55 PM
capitalcube.com logoHCP, Inc. :HCP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017 (NYSE:HCP)
www.capitalcube.com - February 14 at 6:52 PM
rttnews.com logoHCP, Inc. Announces 26% Retreat In Q4 Bottom Line (NYSE:HCP)
www.rttnews.com - February 14 at 4:40 AM
finance.yahoo.com logoEdited Transcript of HCP earnings conference call or presentation 13-Feb-17 5:00pm GMT (NYSE:HCP)
finance.yahoo.com - February 14 at 4:40 AM
seekingalpha.com logoHCP (HCP) Q4 2016 Results - Earnings Call Transcript (NYSE:HCP)
seekingalpha.com - February 13 at 11:37 PM
investopedia.com logoHCP Earnings Beat Estimates (NYSE:HCP)
www.investopedia.com - February 13 at 11:37 PM
rttnews.com logoHCP Swings To Profit In Q4 (NYSE:HCP)
www.rttnews.com - February 13 at 6:37 PM
News IconAssisted Living Slumps, Independent Living Thrives for HCP (NYSE:HCP)
seniorhousingnews.com - February 13 at 6:37 PM
investopedia.com logoHCP Earnings Beat Estimates (HCP, QCP) (NYSE:HCP)
www.investopedia.com - February 13 at 6:37 PM
fool.com logoHCP Earnings: The New HCP Is Coming Together Nicely (NYSE:HCP)
www.fool.com - February 13 at 6:36 PM
investopedia.com logoHealthcare REIT HCP Notches a Small Beat in Q4 (NYSE:HCP)
www.investopedia.com - February 13 at 6:36 PM
4-traders.com logoHCP, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:HCP)
www.4-traders.com - February 13 at 11:34 AM
reuters.com logoBRIEF-HCP Inc reports qtrly FFO per share of $0.35 (NYSE:HCP)
www.reuters.com - February 13 at 11:34 AM
biz.yahoo.com logoQ4 2016 HCP Inc Earnings Release - Before Market Open (NYSE:HCP)
us.rd.yahoo.com - February 13 at 11:34 AM
us.rd.yahoo.com logoHCP Announces Results for the Quarter and Year Ended December 31, 2016 (NYSE:HCP)
us.rd.yahoo.com - February 13 at 11:34 AM
us.rd.yahoo.com logo8:06 am HCP beats by $0.02, misses on revs; reaffirms guidance FY17 FFO in-line (NYSE:HCP)
us.rd.yahoo.com - February 13 at 11:34 AM
sg.finance.yahoo.com logoHCP reports 4Q results (NYSE:HCP)
sg.finance.yahoo.com - February 13 at 11:34 AM
biz.yahoo.com logoHCP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:HCP)
biz.yahoo.com - February 13 at 11:34 AM
finance.yahoo.com logoHCP Inc. (HCP) Q4 FFO Beat Estimates; Revenues Miss (NYSE:HCP)
finance.yahoo.com - February 13 at 11:34 AM
finance.yahoo.com logoHCP Inc.'s (HCP) Q4 FFO Beats on Estimates, Revenues Lag (NYSE:HCP)
finance.yahoo.com - February 13 at 11:34 AM
4-traders.com logoHCP, INC. : ex-dividend day (NYSE:HCP)
www.4-traders.com - February 12 at 10:32 PM
News IconBuy, Sell or Hold? Analysts Approach: Synchrony Financial (SYF), HCP, Inc. (HCP)? - The USA Commerce (NYSE:HCP)
theusacommerce.com - February 11 at 4:24 AM
nasdaq.com logoHCP, Inc. (HCP) Ex-Dividend Date Scheduled for February 13, 2017 - Nasdaq (NYSE:HCP)
www.nasdaq.com - February 11 at 4:24 AM
finance.yahoo.com logoVentas' (VTR) Q4 FFO In Line, Revenues Surpass Estimates (NYSE:HCP)
finance.yahoo.com - February 10 at 6:21 PM
News IconSADIF Analytics releases new summary due diligence report for HCP Inc ($HCP). (NYSE:HCP)
reports.pr-inside.com - February 10 at 6:21 PM
finance.yahoo.com logoREITs to Watch for Q4 Earnings on Feb 13: VNO, HCP, FRT, NNN (NYSE:HCP)
finance.yahoo.com - February 10 at 6:21 PM
News IconElkhart Plastics, Inc.: New Rotomolded Pallet (NYSE:HCP)
www.healthcarepackaging.com - February 9 at 11:30 PM
News IconWhy Analysts put forward these two stocks: Mastercard Incorporated (MA), HCP, Inc. (HCP) - The USA Commerce (NYSE:HCP)
www.theusacommerce.com - February 9 at 6:30 PM
News IconToday Analysts Focus on The Estee Lauder Companies Inc. (EL), HCP, Inc. (HCP) - StockNewsJournal (NYSE:HCP)
stocknewsjournal.com - February 9 at 6:30 PM
nasdaq.com logoEx-Dividend Reminder: WisdomTree Investments, HCP and Provident Financial Services - Nasdaq (NYSE:HCP)
www.nasdaq.com - February 9 at 6:30 PM
News IconAssisted Living Headwinds Could Make Investors Look Harder at REITs (NYSE:HCP)
seniorhousingnews.com - February 8 at 6:16 PM
prnewswire.com logoResearch Reports Initiation on REIT Stocks -- HCP Inc., Medical Properties Trust, Welltower, and Ventas (NYSE:HCP)
www.prnewswire.com - February 8 at 6:16 PM
News IconBetter Buy: HCP, Inc. vs. Ventas - Fox Business (NYSE:HCP)
www.foxbusiness.com - February 7 at 11:55 PM
streetinsider.com logoForm 4 HCP, INC. For: Feb 02 Filed by: McHenry Troy E. (NYSE:HCP)
www.streetinsider.com - February 7 at 6:55 PM
News IconBuy or Sell? Average Brokerage Ratings on Noble Energy, Inc. (NBL ... - StockNewsJournal (NYSE:HCP)
stocknewsjournal.com - February 7 at 3:44 AM
News IconStock Price of HCP, Inc. (HCP) Increases 4.03% - Highland Mirror (NYSE:HCP)
www.highlandmirror.com - February 7 at 3:44 AM
streetinsider.com logoForm 4 HCP, INC. For: Feb 02 Filed by: McHenry Troy E. - StreetInsider.com (NYSE:HCP)
www.streetinsider.com - February 7 at 3:44 AM
fool.com logoBetter Buy: HCP, Inc. vs. Ventas -- The Motley Fool - Motley Fool (NYSE:HCP)
www.fool.com - February 7 at 3:44 AM
News IconTop Gainers of the Day: HCP, Inc. (NYSE:HCP) from REIT – Healthcare Facilities (NYSE:HCP)
twincountynews.com - February 6 at 10:41 PM
investopedia.com logoHCP Inc. Issues New Dividend (HCP) (NYSE:HCP)
www.investopedia.com - February 6 at 10:50 AM

Social

What is HCP's stock symbol?

HCP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCP."

How often does HCP pay dividends? What is the dividend yield for HCP?

HCP declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.37 per share on Thursday, March 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date of this dividend is Monday, February 13th.

Where is HCP's stock going? Where will HCP's stock price be in 2017?

16 brokerages have issued 1-year price objectives for HCP's shares. Their forecasts range from $30.00 to $38.50. On average, they expect HCP's share price to reach $32.96 in the next year.

When will HCP announce their earnings?

HCP is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Who owns HCP stock?

HCP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (8.42%), Dimensional Fund Advisors LP (1.34%), Renaissance Technologies LLC (0.74%), Russell Investments Group Ltd. (0.51%), Heitman Real Estate Securities LLC (0.46%) and Asset Management One Co. Ltd. (0.40%). Company insiders that own HCP stock include Darren A Kowalske, James Justin Hutchens, James P Hoffmann, Jonathan M Bergschneider, Kai Hsiao, Kendall K Young, Lauralee Martin, Peter L Rhein, Thomas D Kirby and Thomas Klaritch.

Who sold HCP stock? Who is selling HCP stock?

HCP's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Credit Agricole S A, Baird Financial Group Inc., NN Investment Partners Holdings N.V., Independent Order of Foresters, Raymond James Financial Services Advisors Inc., Aberdeen Asset Management PLC UK and D Orazio & Associates Inc.. Company insiders that have sold HCP stock in the last year include Darren A Kowalske, Jonathan M Bergschneider, Kai Hsiao, Kendall K Young and Thomas D Kirby.

Who bought HCP stock? Who is buying HCP stock?

HCP's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Heitman Real Estate Securities LLC, Renaissance Technologies LLC, Asset Management One Co. Ltd., Guggenheim Capital LLC, Allianz Asset Management AG, Franklin Resources Inc. and Employees Retirement System of Texas. Company insiders that have bought HCP stock in the last two years include Darren A Kowalske, James Justin Hutchens, James P Hoffmann, Kendall K Young, Lauralee Martin and Thomas D Kirby.

How do I buy HCP stock?

Shares of HCP 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 HCP stock cost?

One share of HCP stock can currently be purchased for approximately $31.07.

HCP (NYSE:HCP) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for HCP (NYSE:HCP)

Earnings History Chart

Earnings by Quarter for HCP (NYSE:HCP)

Dividend History Chart

Dividend Payments by Quarter for HCP (NYSE:HCP)

Last Updated on 2/21/2017 by MarketBeat.com Staff