3. As of noon trading, Health Care REIT ( HCN) is up $0.62 (1.1%) to $57.67 on light volume. Thus far, 620,761 shares of Health Care REIT exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $56.43-$57.77 after having opened the day at $56.63 as compared to the previous trading day's close of $57.05. Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $16.4 billion and is part of the real estate industry. The company has a P/E ratio of 77.7, above the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Health Care REIT a buy, 2 analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Health Care REIT Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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