HCP, Inc. [Ticker Symbol has Changed] | REIT Profile

Symbol: HCP new symbol: PEAK
CIK: 765880
Exchange: NYSE
Founded: 1985
HQ: Irvine, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Health Care

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About HCP, Inc. [Ticker Symbol has Changed]

In October 2019, HCP, Inc. changed its name to Healthpeak Properties and began trading under the ticker "PEAK" on the New York Stock Exchange (NYSE) on November 5, 2019. HCP, Inc., formerly Healthcare Property Investors Inc., is a fully integrated real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry in the United States. HCP owns a large-scale portfolio diversified across multiple sectors, led by senior housing, life science and medical office. 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.


HCP, Inc. Company Logo

Hightlights of Trading Day November 4, 2019


Open Price: $36.56
Closing Price: $35.78
Price Change: N/A (N/A)
Lowest Price: $34.22
Highest Price: $34.81
52-Week Low: $26.58
52-Week High: $37.93
52-Week Change: 26.79%
5 Day Price Change: -1.70%
1 Month Price Change: -1.49%
3 Month Price Change: 10.26%
6 Month Price Change: 18.16%
YTD Price Change: 32.62%
1 Year Price Change: 26.79%
2 Year Price Change: 33.31%
5 Year Price Change: -19.58%

Latest News Headlines


See more news headlines for HCP, Inc.

Key Stats of Trading Day November 4, 2019


Total Cash: $139,846,000
Current Debt: $3,561,000
Revenue: $1,846,689,000
Gross Profit: $592,152,000
Total Revenue: $1,846,689,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $1,034,177,000
Revenue Per Share: $4
Revenue Per Employee: $9,187,507
Employee: 201
Debt to Equity Ratio (D/E): 0.94
Profit Margin: 0.57%
Enterprise Value (EV): $22,999,977,800
Enterprise Value to Revenue (EV/R): 12.45
Price to Sales (P/S): 9.52
Price to Book (P/B): 2.86
Price/Earnings-to-Growth (PEG) Ratio: -0.14
P/E Ratio: 20.36
P/E High: 21.80
P/E Low: 15.28
Forward P/E Ratio: 172.05
Market Capitalization: $17,708,738,520
Beta: 0.25
Latest Volume: 6,082,855
Avg. Total Volume: 2,948,223
Avg. 10-Day Volume: 3,670,433
Avg. 30-Day Volume: 2,948,223
TTM EPS: 1.76
Shares Outstanding: 494,934,000
Float: 493,878,305.78
50-Day Moving Avg.: $35.84
200-Day Moving Avg.: $32.60

Properties Owned by HCP


HCP Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Dividend History


Below are the most recent cash dividends paid by HCP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
HCP 2019-11-01 0.370 --- 2019-10-23 2019-11-04 2019-11-19
HCP 2019-08-02 0.370 --- 2019-07-25 2019-08-05 2019-08-20
HCP 2019-05-03 0.370 --- 2019-04-25 2019-05-06 2019-05-21
HCP 2019-02-15 0.370 --- 2019-01-31 2019-02-19 2019-02-28
HCP 2018-11-02 0.370 --- 2018-10-25 2018-11-05 2018-11-20
HCP 2018-08-03 0.370 --- 2018-07-26 2018-08-06 2018-08-21
HCP 2018-05-04 0.370 --- 2018-04-26 2018-05-07 2018-05-22
HCP 2018-02-14 0.370 --- 2018-02-01 2018-02-15 2018-03-02
HCP 2017-11-03 0.370 --- 2017-10-26 2017-11-06 2017-11-21
HCP 2017-08-03 0.370 --- 2017-07-27 2017-08-07 2017-08-22
HCP 2017-05-04 0.370 --- 2017-04-27 2017-05-08 2017-05-23
HCP 2017-02-13 0.370 --- 2017-02-02 2017-02-15 2017-03-02
HCP 2016-11-08 0.370 -35.65% 2016-11-01 2016-11-10 2016-11-25
HCP 2016-08-04 0.575 --- 2016-07-28 2016-08-08 2016-08-23
HCP 2016-05-05 0.575 --- 2016-04-27 2016-05-09 2016-05-24
HCP 2016-02-04 0.575 1.77% 2016-01-28 2016-02-08 2016-02-23
HCP 2015-11-05 0.565 --- 2015-10-29 2015-11-09 2015-11-24
HCP 2015-08-06 0.565 --- 2015-07-30 2015-08-10 2015-08-25
HCP 2015-05-07 0.565 --- 2015-04-30 2015-05-11 2015-05-26
HCP 2015-02-05 0.565 3.67% 2015-01-29 2015-02-09 2015-02-24

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Current Cash 0 156,052,000 146,652,000 139,846,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 518,033,000 531,966,000 540,088,000
Property, Plant & Equipment Net 0 172,424,000 0 0
Goodwill 0 0 0 47,000,000
Intangible Assets 0 317,960,000 275,565,000 305,079,000
Other Assets 0 779,217,000 820,046,000 652,103,000
Net Tangible Assets 0 5,499,254,000 5,344,884,000 5,294,325,000
Total Assets 0 13,713,093,000 12,899,501,000 12,718,553,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 648,385,000 736,566,000 638,054,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 1,456,000 2,686,000 3,561,000
Long-term Debt 0 6,443,980,000 5,761,184,000 5,564,347,000
Total Liabilities 0 7,093,821,000 6,500,436,000 6,205,962,000
Minority Interest 0 3,617,000 3,520,000 2,835,000
Common Stock 0 491,109,000 477,929,000 477,496,000
Retained Earnings 0 -3,233,283,000 -3,042,422,000 -2,927,196,000
Treasury Stock 0 0 0 0
Capital Surplus 0 8,801,037,000 8,405,258,000 8,398,847,000
Shareholder Equity 0 6,054,404,000 5,836,882,000 5,944,439,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Total Revenue 0 491,567,000 436,154,000 441,919,000
Cost of Revenue 0 379,689,000 300,878,000 308,172,000
Gross Profit 0 111,878,000 135,276,000 133,747,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 0 406,409,000 322,233,000 329,682,000
Operating Income 0 83,821,000 109,403,000 110,553,000
Income Expense Net (Other) 0 -94,159,000 -47,008,000 723,047,000
EBIT 0 83,821,000 109,403,000 110,553,000
Interest Income 0 56,942,000 49,327,000 54,717,000
Pretax Income 0 -10,338,000 62,395,000 833,600,000
Income Tax 0 -1,864,000 -3,458,000 -2,935,000
Minority Interest 0 3,617,000 3,520,000 2,835,000
Net Income 0 -13,991,000 61,029,000 829,325,000
Net Income Basic 0 -13,991,000 61,029,000 829,325,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-09-30 2019-06-30 2019-03-31 2018-12-31
Net Income 0 -13,991,000 61,029,000 829,325,000
Depreciation 0 165,296,000 131,951,000 130,759,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 0 9,400,000 6,806,000 31,105,000
Cash Flow 0 228,093,000 164,079,000 222,632,000
Capital Expenditures 0 -19,513,000 -19,220,000 305,950,000
Investments 0 -883,617,000 -124,144,000 743,273,000
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows 0 -931,200,000 -165,774,000 1,005,641,000
Dividends Paid 0 -177,264,000 -177,286,000 -174,347,000
Net Borrowings 0 502,103,000 192,563,000 -1,231,157,000
Cash Flow Financing 0 712,522,000 8,521,000 -1,197,114,000
Financing Cash Flows (Other) 0 -16,108,000 -5,415,000 -4,490,000
Exchange Rate Effect 0 -15,000 -20,000 -54,000

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Ventas, Inc. (VTR) 6.9 NYSE Large-Cap Health Care United States
Universal Health Realty Income Trust (UHT) 8.2 NYSE Small-Cap Health Care United States
Sabra Health Care REIT, Inc. (SBRA) 6.7 NASDAQ Mid-Cap Health Care United States
Physicians Realty Trust (DOC) 7.7 NYSE Mid-Cap Health Care United States
Welltower, Inc. (WELL) 7.0 NYSE Large-Cap Health Care United States

Last updated: 2022-11-26 - v3.5