HCP, Inc. is a fully integrated real estate investment trust (REIT) that invests in real estate serving the healthcare industry in the United States. HCP owns a large-scale portfolio primarily diversified across life science, medical office and senior housing. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first healthcare REIT selected to the S&P 500 index.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNYSE:HCP
Previous Symbol
CUSIP40414L10
Phone949-407-0700
Debt
Debt-to-Equity Ratio1.21
Current Ratio0.48
Quick Ratio0.48
Price-To-Earnings
Trailing P/E Ratio15.19
Forward P/E Ratio16.27
P/E Growth7.52
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales7.53
Cash Flow$2.0641 per share
Price / Cash Flow14.35
Book Value$11.93 per share
Price / Book2.48
Profitability
EPS (Most Recent Fiscal Year)$1.95
Net Income$414.16 million
Net Margins9.16%
Return on Equity3.06%
Return on Assets1.24%
Miscellaneous
Employees190
Outstanding Shares469,920,000
Market Cap$14.04 billion
OptionableOptionable
HCP (NYSE:HCP) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, October 25th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.37 per share on Tuesday, November 20th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Friday, November 2nd. View HCP's Dividend History.
How were HCP's earnings last quarter?
HCP, Inc. (NYSE:HCP) posted its quarterly earnings data on Wednesday, October, 31st. The real estate investment trust reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.10. The real estate investment trust earned $456 million during the quarter, compared to analysts' expectations of $456.59 million. HCP had a return on equity of 3.06% and a net margin of 9.16%. The company's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 EPS. View HCP's Earnings History.
When is HCP's next earnings date?
What guidance has HCP issued on next quarter's earnings?
HCP updated its FY18 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of $1.79-1.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.82.
What price target have analysts set for HCP?
16 brokers have issued 1 year target prices for HCP's stock. Their predictions range from $21.00 to $32.00. On average, they expect HCP's share price to reach $27.10 in the next year. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for HCP.
What is the consensus analysts' recommendation for HCP?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HCP in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HCP.
What are Wall Street analysts saying about HCP stock?
Here are some recent quotes from research analysts about HCP stock:
- 1. According to Zacks Investment Research, "HCP third-quarter 2018 funds from operations (FFO) as adjusted of 44 cents surpassed the Zacks Consensus Estimate. However, the bottom line fell short of the prior-year tally of 48 cents. Further, revenues missed the Zacks Consensus Estimate. Notably, a 6.3% decrease in senior-housing operating portfolio cash net operating income (NOI) marred results. The company has undertaken portfolio-repositioning measures by selling assets in its portfolio. Although such efforts are a strategic fit for the long term, the dilutive impact on earnings in the near term from these dispositions are unavoidable. Further, softness in the seniors housing market fundamentals amid new supply is anticipated to thwart the company’s pricing power. Although shares of HCP have outperformed the industry it belongs to over the past year, the stock has limited upside potential given lack of positive estimate revisions." (11/13/2018)
- 2. Cantor Fitzgerald analysts commented, "We are initiating coverage of HCP with a $28 price target and a Neutral rating. HCP has risen by 16% over the past three months, along with other large-cap REITs, but it is down 17.5% over the past year, compared with a 14% gain in the 12% decline in the S&P U.S. Healthcare REIT Index. We believe that most of the stock’s relative weakness reflects concern about interest rates, deteriorating fundamentals in senior housing and HCP’s restructuring. With HCP’s restructuring nearly at an end, we expect investors to begin valuing the company more on its fundamentals, which we expect to improve, and to worry less about interest rates. Although we think senior housing could remain slow for awhile, we are enthusiastic about HCP’s strategy to leverage its position in life science and MOB." (8/7/2018)
Has HCP been receiving favorable news coverage?
Media headlines about HCP stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. HCP earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of HCP's key competitors?
Some companies that are related to HCP include CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY), Essex Property Trust (ESS) and Host Hotels and Resorts (HST).
Who are HCP's key executives?
HCP's management team includes the folowing people:
- Mr. Thomas M. Herzog, Pres, CEO & Director (Age 55)
- Mr. Peter A. Scott, Exec. VP & CFO (Age 38)
- Mr. Thomas M. Klaritch, Exec. VP & COO (Age 60)
- Mr. Troy E. McHenry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
- Mr. Scott M. Brinker, Exec. VP & Chief Investment Officer (Age 41)
Who are HCP's major shareholders?
HCP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (16.01%), BlackRock Inc. (9.43%), Cohen & Steers Inc. (3.61%), JPMorgan Chase & Co. (2.87%), Daiwa Securities Group Inc. (1.91%) and Dimensional Fund Advisors LP (1.53%). Company insiders that own HCP stock include Kendall K Young, R Kent Griffin Jr, Scott A Anderson and Thomas Klaritch. View Institutional Ownership Trends for HCP.
Which major investors are selling HCP stock?
HCP stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, JPMorgan Chase & Co., Morgan Stanley, Russell Investments Group Ltd., Hexavest Inc., Brookfield Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp and Sumitomo Mitsui Asset Management Company LTD. View Insider Buying and Selling for HCP.
Which major investors are buying HCP stock?
HCP stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., Cullen Capital Management LLC, Allianz Asset Management GmbH, American Century Companies Inc., Korea Investment CORP, Renaissance Technologies LLC and Vanguard Group Inc.. Company insiders that have bought HCP stock in the last two years include Kendall K Young and R Kent Griffin Jr. View Insider Buying and Selling for HCP.
How do I buy shares of HCP?
Shares of HCP 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 HCP's stock price today?
One share of HCP stock can currently be purchased for approximately $29.62.
How big of a company is HCP?
HCP has a market capitalization of $14.04 billion and generates $1.85 billion in revenue each year. The real estate investment trust earns $414.16 million in net income (profit) each year or $1.95 on an earnings per share basis. HCP employs 190 workers across the globe.
What is HCP's official website?
How can I contact HCP?
HCP's mailing address is 1920 MAIN STREET SUITE 1200, IRVINE CA, 92614. The real estate investment trust can be reached via phone at 949-407-0700 or via email at [email protected]
MarketBeat Community Rating for HCP (NYSE HCP)
MarketBeat's community ratings are surveys of what our community members think about HCP and other stocks. Vote "Outperform" if you believe HCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
