|Bid||21.88 x 300|
|Ask||22.37 x 300|
|Day's Range||21.80 - 22.05|
|52 Week Range||21.48 - 33.67|
|PE Ratio (TTM)||24.91|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||1.48 (6.39%)|
|1y Target Est||25.38|
No. 2 U.S. nursing home chain HCR ManorCare Inc won court approval on Friday for a plan to exit a $7.1 billion Chapter 11 bankruptcy by transferring ownership to its landlord, Quality Care Properties Inc. U.S. Bankruptcy Judge Kevin Gross in Delaware approved the prepackaged reorganization that will give Quality Care, with 10 employees and $318 million in annual revenue, control over ManorCare. Toledo, Ohio-based ManorCare has more than 50,000 employees in more than 450 senior living facilities and clinics across the country, with annual revenue of $3.7 billion.
The S&P 500’s top losses on April 12 were: L Brands (LB) declined 4.6%. Everest Re Group (RE) declined 3.6%. Digital Realty Trust (DLR) declined 3.4%. HCP (HCP) declined 2.8%. Devon Energy (DVN) declined 2.7%. L Brands Inc
IRVINE, Calif. , April 5, 2018 /PRNewswire/ -- HCP (NYSE: HCP) is scheduled to report its first quarter 2018 financial results on Thursday, May 3, 2018 , before the open of trading on the New York Stock ...
NEW YORK, March 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
HCP Inc. (HCP) has been continuously making efforts to lower Brookdale concentration from its portfolio but, the dilutive impact on earnings in the near term from the sale of assets is unavoidable.
LONDON, UK / ACCESSWIRE / March 20, 2018 / Active-Investors.com has just released a free earnings report on HCP, Inc. (NYSE: HCP ). If you want access to this report all you need to do is sign up now by ...
In sync with its strategic measures, HCP (HCP) closes the sale of its mezzanine loan that was secured by interests in the Tandem Healthcare Portfolio for $112 million.
Investment to Expand Fundamental's Senior Care Portfolio with Growing Focus on Skilled Nursing NEW YORK , March 15, 2018 /PRNewswire/ -- Fundamental Advisors LP ("Fundamental"), a leading alternative ...
IRVINE, Calif., March 15, 2018 /PRNewswire/ -- HCP (HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. "We are pleased to close on the disposition of our last mezzanine loan investment," said Scott Brinker, HCP's Chief Investment Officer. Statements in this release statement that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
In an effort to lower its Brookdale portfolio concentration, HCP (HCP) shifts the management of 24 senior housing communities, currently operated by Brookdale, to Atria.
IRVINE, Calif. and LOUISVILLE, Ky., March 5, 2018 /PRNewswire/ -- HCP (HCP) and Atria Senior Living ("Atria") announced today they have reached agreements to transition management on a portfolio of 24 HCP-owned senior housing communities from Brookdale Senior Living to Atria. "We are pleased to meaningfully grow our relationship with Atria," said Tom Herzog, HCP President and Chief Executive Officer. "We are excited to partner with HCP and grow our relationship with such a high-quality, long-term owner," said Atria Senior Living Chairman and CEO John Moore.
The second-largest U.S. nursing home operator, HCR ManorCare, will file for Chapter 11 protection in the coming days and transfer ownership to its landlord, Quality Care Properties Inc, the latest sign of distress in the senior housing industry. Quality Care, a real estate investment trust, announced the agreement on Friday, saying it would become the full owner of Toledo, Ohio-based ManorCare's skilled nursing, assisted living, hospice and homecare businesses across the United States.