Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.3%. By the end of trading, HCP fell 51 cents (-1.1%) to $44.29 on average volume. Throughout the day, 2.9 million shares of HCP exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in price between $44.07-$45.23 after having opened the day at $45 as compared to the previous trading day's close of $44.80. Other companies within the Real Estate industry that declined today were:
), down 9.2%,
), down 7.3%,
), down 7.2%, and
), down 6.8%.
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HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. HCP has a market cap of $19.15 billion and is part of the financial sector. The company has a P/E ratio of 30.8, above the average real estate industry P/E ratio of 30.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate HCP a buy, four analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates HCP as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full HCP Ratings Report.
- Use our real estate section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
) while those bearish on the real estate industry could consider
- Find other investment ideas from our top rated ETFs lists.
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