|Bid||34.59 x 1000|
|Ask||34.60 x 900|
|Day's Range||34.38 - 34.65|
|52 Week Range||24.47 - 34.66|
|Beta (3Y Monthly)||0.19|
|PE Ratio (TTM)||16.90|
|Forward Dividend & Yield||1.48 (4.29%)|
|1y Target Est||N/A|
HCP's efforts to expand its medical office and life-science portfolio, a diversified and high-quality portfolio and favorable demographic trends make it an attractive pick.
HCP (HCP) delivered FFO and revenue surprises of 2.33% and 9.98%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
This biotech developer is looking to close on at least three properties in the Bay Area this quarter that eventually could add 1 million square feet to its portfolio.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Focus on life-science and MOB portfolio will likely enable HCP to witness decent growth in Q2. However, prevalent challenges in the senior housing market are a spoilsport.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of HCP, Inc. New York, July 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of HCP, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Is HCP, Inc. (NYSE:HCP) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be...
Shares of real estate investment trust are selling off in unanimous fashion, as the better-than-expected June jobs data has fueled in a big jump in Treasury yields. The SPDR Real Estate Select Sector ETF shed 1.0% in midday trading, with all 32 of its equity components losing ground. The REIT ETF (XLRE) tends to act as a bond proxy given its relatively high dividend yield, which means it becomes less attractive to investors when bond prices fall and bond yields rise. The 10-year Treasury yield jumps 10.2 basis points to 2.055% after closing Wednesday at the lowest yield since November 2016. The XLRE's yield is 3.26%, compared with the implied yield for the S&P 500 of 1.93%. Among the XLRE's most-active components, shares of Host Hotels & Resorts Inc. declined 0.8%, Weyerhaeuser Co. lost 1.3%, HCP Inc. dropped 1.5% and Kimco Realty Co. slipped 0.5%. Of the XLRE's highest yielders, shares of Macerich Co. fell 0.4% and yields 9.05%, while Iron Mountain Inc. slid 1.7% and yields 7.78%.
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HCP Inc NYSE:HCPView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for HCP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding HCP are favorable, with net inflows of $9.62 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. HCP credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The real estate investment trust (REIT) sector rallied again toward a record high in midday trading Monday, boosted by a rally in 10-year Treasurys that pushed the yield down toward a near 2-year low. The SPDR Real Estate Select Sector ETF climbed 0.6%, as 27 of 32 components gained ground, and as 12 components reached 52-week highs, to put it on track for a 4th-straight record close. Among the more-active components, shares of Ventas Inc. climbed 1.8%, Kimco Realty Corp. rose 1.7%, HCP Inc. gained 0.9% and Host Hotels & Resorts Inc. hiked up 0.9%, while Weyerhaeuser Co. fell 0.6%. The REIT sector is often viewed as a defensive bond proxy given its relatively high dividend yield, so disappointing data that pushed Treasury yields lower can attract investors. On Monday, disappointing manufacturing and home builder sentiment data knocked the 10-year Treasury yield down 1.3 basis points to 2.080%, or well below the REIT ETF's dividend yield of 3.14%. The ETF has now rallied 7.0% over the past three months while the Dow Jones Industrial Average , which has an implied dividend yield of 2.07%, has gained 1.1%.
Acquisition of seniors housing portfolio valued at $1.8 billion, including construction in progress, will likely help Ventas (VTR) in diversifying its assets, business model and operator base.
HCP's amended and restated credit helps increase the size of the facility, extend the maturity date, lower the borrowing costs and boost financial flexibility.
Nowhere is this more evident than the list of Dividend Aristocrats, a select group of 57 stocks with 25-plus years of consecutive dividend growth. It takes at least 25 years of uninterrupted dividend increases each year, no matter the economic climate, to make the list of Dividend Aristocrats. Until 2016 the real estate investment trust (REIT) that specializes in health care properties had maintained a streak of more than 30 annual dividend increases in a row before problems with a troubled tenant forced it to cut its dividend.
Bay Area companies are gearing up for ASCO, HCP's Brisbane biotech building is on the rise and more in our Health Care Digest.