NYSE:HCP - HCP Stock Price, News, & Analysis

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$29.26 -0.57 (-1.91 %)
(As of 04/22/2019 10:25 AM ET)
Previous Close$29.83
Today's Range$29.2550 - $29.85
52-Week Range$21.80 - $32.23
Volume531,688 shs
Average Volume3.01 million shs
Market Capitalization$13.98 billion
P/E Ratio16.08
Dividend Yield4.96%
Beta0.46
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP40414L10
Phone949-407-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.85 billion
Cash Flow$3.3827 per share
Book Value$13.70 per share

Profitability

Net Income$1.06 billion

Miscellaneous

Employees201
Market Cap$13.98 billion
Next Earnings Date5/1/2019 (Confirmed)
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, January 31st. Investors of record on Tuesday, February 19th will be given a dividend of $0.37 per share on Thursday, February 28th. This represents a $1.48 annualized dividend and a yield of 5.04%. The ex-dividend date is Friday, February 15th. View HCP's Dividend History.

How were HCP's earnings last quarter?

HCP, Inc. (NYSE:HCP) released its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $1.30. The real estate investment trust earned $441.92 million during the quarter, compared to analyst estimates of $445.81 million. HCP had a return on equity of 18.40% and a net margin of 57.41%. The business's revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 EPS. View HCP's Earnings History.

When is HCP's next earnings date?

HCP is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for HCP.

How can I listen to HCP's earnings call?

HCP will be holding an earnings conference call on Thursday, May 2nd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

What guidance has HCP issued on next quarter's earnings?

HCP updated its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share (EPS) guidance of $1.70-1.76 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76.

What price target have analysts set for HCP?

13 brokers have issued twelve-month target prices for HCP's shares. Their forecasts range from $24.00 to $33.00. On average, they anticipate HCP's stock price to reach $28.95 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for HCP.

What is the consensus analysts' recommendation for HCP?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HCP in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, "Shares of HCP have outperformed the industry it belongs to over the past three months. However, the trend in estimate revisions for 2019 funds from operations (FFO) per share does not indicate a favorable outlook for the company.  Notably, HCP remains on track to execute portfolio-repositioning measures in a bid to improve the quality of the senior housing portfolio and lower operator concentration. Further, focus to strengthen its balance sheet by using sale proceeds to repay debt also bodes well. Also, investments in medical office and life science real estate properties are expected to drive long-term growth. Yet, the dilutive impact on earnings in the near term from asset disposals is unavoidable. Further, the choppy senior housing fundamentals and elevated supply in some of the company’s markets will drag HCP’s results." (3/14/2019)
  • 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?

News headlines about HCP stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. HCP earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting HCP?

HCP saw a increase in short interest in March. As of March 29th, there was short interest totalling 26,430,754 shares, an increase of 15.1% from the March 15th total of 22,967,330 shares. Based on an average daily volume of 3,607,745 shares, the short-interest ratio is presently 7.3 days. Currently, 5.5% of the company's shares are short sold. View HCP's Current Options Chain.

Who are some of HCP's key competitors?

What other stocks do shareholders of HCP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HCP investors own include AT&T (T), Welltower (WELL), Omega Healthcare Investors (OHI), Realty Income (O), Verizon Communications (VZ), General Electric (GE), Kinder Morgan (KMI), Cisco Systems (CSCO), Intel (INTC) and AbbVie (ABBV).

Who are HCP's key executives?

HCP's management team includes the folowing people:
  • Mr. Thomas M. Herzog, Pres, CEO & Director (Age 56)
  • Mr. Peter A. Scott, Exec. VP & CFO (Age 39)
  • Mr. Thomas M. Klaritch, Exec. VP, COO & Chief Devel. Officer (Age 61)
  • Mr. Scott M. Brinker, Exec. VP & Chief Investment Officer (Age 42)
  • Mr. Troy E. McHenry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 46)

Who are HCP's major shareholders?

HCP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include PGGM Investments (1.77%), Resolution Capital Ltd (1.54%), Hexavest Inc. (0.30%), Strs Ohio (0.15%), Timbercreek Investment Management Inc. (0.11%) and State of Alaska Department of Revenue (0.06%). Company insiders that own HCP stock include Kendall K Young, R Kent Griffin Jr and Thomas Klaritch. View Institutional Ownership Trends for HCP.

Which institutional investors are selling HCP stock?

HCP stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Strs Ohio, Washington Trust Bank, LGT Capital Partners LTD., Huntington National Bank, CenturyLink Investment Management Co, Pensionfund Sabic and DNB Asset Management AS. View Insider Buying and Selling for HCP.

Which institutional investors are buying HCP stock?

HCP stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Hexavest Inc., Virtu Financial LLC, Pennsylvania Trust Co, Timbercreek Investment Management Inc., Quantitative Systematic Strategies LLC, Nisa Investment Advisors LLC and Cambridge Trust Co.. 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 $29.37.

How big of a company is HCP?

HCP has a market capitalization of $14.03 billion and generates $1.85 billion in revenue each year. The real estate investment trust earns $1.06 billion in net income (profit) each year or $1.82 on an earnings per share basis. HCP employs 201 workers across the globe.

What is HCP's official website?

The official website for HCP is http://www.hcpi.com.

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)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  708 (Vote Underperform)
Total Votes:  1,081
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.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

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