NYSE:HCPHCP Stock Price, Forecast & News

$25.54

+0.99 (+4.03 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$25.06

Now: $25.54▼

$26.00

50-Day Range

$20.29

MA: $24.79▼

$28.35

52-Week Range

$26.58

Now: $25.54▼

$37.93

Volume3.50 million shs

Average Volume2.80 million shs

Market Capitalization$12.54 billion

P/E Ratio14.03

Dividend Yield4.03%

Beta0.22

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
HCP has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.00, HCP has a potential upside of 44.9% from its current price of $25.54.
Amount of Analyst Coverage
HCP has received no research coverage in the past 90 days.

1.9 Community Rank

Outperform Votes
HCP has received 545 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
HCP has received 884 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
HCP has received 61.86% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
HCP is a leading dividend payer. It pays a dividend yield of 4.03%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
HCP does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of HCP is 81.32 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, HCP will have a dividend payout ratio of 80.87 % in the coming year. This indicates that HCP may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HCP insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.13% of the stock of HCP is held by insiders.
Percentage Held by Institutions
95.80% of the stock of HCP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for HCP are expected to grow by 4.57% in the coming year, from $1.75 to $1.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HCP is 14.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of HCP is 14.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.79.
Price to Earnings Growth Ratio
HCP has a PEG Ratio of 6.81. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
HCP has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.85 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustrySpecialized REITs

SectorFinance

Current SymbolNYSE:HCP

Previous Symbol

CUSIP40414L10

CIK765880

Webwww.hcpi.com

Phone949-407-0700

Debt

Debt-to-Equity Ratio1.01

Current Ratio0.81

Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio14.03

Forward P/E Ratio14.59

P/E Growth6.81

Sales & Book Value

Annual Sales$1.85 billion

Price / Sales6.79

Cash Flow$2.40 per share

Price / Cash Flow10.65

Book Value$13.70 per share

Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$1.82

Net Income$1.06 billion

Net Margins43.66%

Return on Equity12.78%

Return on Assets6.24%

Miscellaneous

Employees201

Outstanding Shares491,110,000

Market Cap$12.54 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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HCP (NYSE:HCP) Frequently Asked Questions

How has HCP's stock been impacted by COVID-19 (Coronavirus)?

HCP's stock was trading at $32.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HCP stock has decreased by 20.4% and is now trading at $25.54. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of HCP?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HCP in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for HCP.

When is HCP's next earnings date?

HCP is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for HCP.

How were HCP's earnings last quarter?

HCP, Inc. (NYSE:HCP) issued its earnings results on Wednesday, October, 30th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.52. The real estate investment trust had revenue of $538 million for the quarter, compared to analysts' expectations of $503.65 million. HCP had a return on equity of 12.78% and a net margin of 43.66%. The firm's revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 earnings per share. View HCP's earnings history.

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

HCP announced a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Monday, November 4th will be paid a dividend of $0.37 per share on Tuesday, November 19th. This represents a $1.48 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date is Friday, November 1st. View HCP's dividend history.

What price target have analysts set for HCP?

8 brokerages have issued twelve-month target prices for HCP's shares. Their forecasts range from $35.00 to $39.00. On average, they anticipate HCP's stock price to reach $37.00 in the next year. This suggests a possible upside of 44.9% from the stock's current price. View analysts' price targets for HCP.

Has HCP been receiving favorable news coverage?

News coverage about HCP stock has been trending extremely positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. HCP earned a media sentiment score of 5.0 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutHCP.

Who are some of HCP's key competitors?

Some companies that are related to HCP include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all 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), AbbVie (ABBV), Intel (INTC), Cisco Systems (CSCO), Realty Income (O), Verizon Communications (VZ), Walt Disney (DIS) and Johnson & Johnson (JNJ).

Who are HCP's key executives?

HCP's management team includes the following 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)

What is HCP's stock symbol?

HCP trades on the New York Stock Exchange (NYSE) under the ticker symbol "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, Robinhood, Fidelity, and Charles Schwab.

What is HCP's stock price today?

One share of HCP stock can currently be purchased for approximately $25.54.

How big of a company is HCP?

HCP has a market capitalization of $12.54 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 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff