You've got that right. We are in worse shape just as you stated. Who do they (the gov't) think they are kidding? The average American knows this country is run on nothing but debt with no way to pay it off any time soon. The rich have loopholes, the poor know all the angles (live off the free benefits and don't have to work) and that leaves the middle class paying for everything by paying their more than fair share of taxes. Free medical if you don't show your income-food stamps-section 8-food banks-help paying your utilities-and early social security if you are obese from all the junk food you can cram in your mouth. So that leads me to get back to the subject of HCP. Everyone is going to need healthcare and doctors are going to have to pay rent for their practices plus the aging will be going into homes. HCP is less risky than owning other stocks plus it pays a nice div.
Just enter the figures you give H & R into your downloaded Turbo Tax and let it do the math for you. No need to use Block. E-File and it's all done.
The loss of Costco doesn't happen until 2016. Their earnings should not change YET, but I would get out of this stock before year end.
and beat earnings Feb. 10th. Interest rates remain the same and not expected to rise until June and Forbes reported that it would not affect HCP as the boomer generation is hitting retirement age and HCP's holdings of Hospitals, medical buildings, and other assets are in a great position. Don't know why this stock has lost 6 bucks in such a short time but if you look at the prior charts it has happened many times. In fact HCP is expanding and building new facilities to care for the upcoming boom of the aging.
So what else is new? Crooked market has been going on for years. Look at all the REIT insiders salaries and options. It's criminal but legal.
Okay, and today it is around the same price but in the meantime you got 4 dividends so you must be up if you are still holding.
Forbes wrote two good articles on buying REITS right now and that it is a landlord's market. They said even if interest rates rise, the REITS will still be winners. I love HCP for the safety and the dividend. Recommended a couple of commercial REITS and also HCP for the aging population.
You have played this well. That is what a smart investor does; sell some at a nice profit and hold some for the dividend or in case the stock goes back up. You have averaged down your cost by selling at $48. Nice going and the remainder pays you a nice div. each qtr.
The book value is NOT what you posted. They have a negative EPS which means they are bleeding cash even at this low price per share. Could it be that insiders are skimming all the profits with their options, free shares and HUGE multi million dollar yearly salaries? Hmmm-Seems like it's all finally catching up to them.