|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The review follows yesterday's announcement by QCP that it had entered into definitive agreements with healthcare REIT Welltower Inc. (Welltower) and ProMedica Health System, Inc. (ProMedica) under which QCP agreed: (i) to be acquired by Welltower for $20.75 per share in all-cash transaction and (ii) concurrently, ProMedica will assume the rights and obligations of QCP in relation to HCR Manorcare Inc. sponsor agreement and will acquire HCR Manorcare at the completion of HCR's Chapter 11 bankruptcy process. ProMedica, rated A1 stable, is an integrated healthcare system that operates 13 hospitals with core operations in acute and ambulatory care in Ohio, Michigan, and Indiana.
WELL reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
The healthcare REIT's quarterly report and guidance for 2018 didn't sit well with the market, but there are bright spots.
Since its inception in 2007, Healthcare Trust of America (HTA) has delivered a return of 190.0%, beating the S&P 500 Index (SPX), which delivered a return of 139.0%, and the US REIT Index, which delivered a return of 71.0%. HTA has maintained a 9.7% annualized average total return since its first distribution. Investors who invested $1,000 with HTA at inception could expect the invested amount to increase to ~$2,904 with dividends reinvested at the end of 2017.
Welltower (HCN) Q4 results highlight growth in seniors' housing operating performance. However, a rise in property operating expenses was witnessed.
The healthcare REIT sold $1.5 billion in assets last year and plans to sell more, which will push results down again in 2018.