Care Capital Properties (NYSE:CCP) Given Media Impact Score of 0.13
News coverage about Care Capital Properties (NYSE:CCP) has trended somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Care Capital Properties earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.9896402846109 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- GEO : Technical Research on REIT Equities — Senior Housing Properties Trust, Care Capital Properties, Physicians Realty Trust, and GEO Group (4-traders.com)
- Care Capital Properties, Inc. (NYSE:CCP) Sees Unusual Trading Volume in Its Shares – First News 24 (firstnewspaper24.com)
- Alliancebernstein LP Increases Its Position in Care Capital Properties, Inc. (CCP) Stock Last Quarter – Modern Readers (modernreaders.com)
- Care Capital Properties Inc (finance.yahoo.com)
- Care Capital Properties Inc (NYSE:CCP) Investor Lawsuit Filed Against Acquisition by Sabra Health Care REIT, Inc (digitaljournal.com)
CCP has been the topic of a number of research reports. BidaskClub raised Care Capital Properties from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Mizuho reissued a “neutral” rating on shares of Care Capital Properties in a report on Wednesday, June 28th. JMP Securities raised Care Capital Properties from an “underperform” rating to a “market perform” rating in a report on Monday, May 8th. Hilliard Lyons lowered Care Capital Properties from a “buy” rating to a “neutral” rating in a report on Monday, May 8th. Finally, Zacks Investment Research raised Care Capital Properties from a “sell” rating to a “hold” rating in a report on Tuesday, May 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $26.00.
Care Capital Properties (CCP) traded down 1.67% during trading on Friday, hitting $23.60. The company had a trading volume of 1,280,007 shares. The company has a market cap of $1.98 billion, a PE ratio of 8.16 and a beta of 0.38. The company’s 50 day moving average price is $25.54 and its 200-day moving average price is $25.99. Care Capital Properties has a 12 month low of $22.70 and a 12 month high of $31.56.
Care Capital Properties (NYSE:CCP) last announced its quarterly earnings data on Tuesday, May 9th. The financial services provider reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.26. Care Capital Properties had a net margin of 65.25% and a return on equity of 20.38%. The business had revenue of $82.80 million during the quarter, compared to the consensus estimate of $83.32 million. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Equities analysts expect that Care Capital Properties will post $2.05 earnings per share for the current year.
Care Capital Properties Company Profile
Care Capital Properties, Inc is a self-administered, self-managed real estate investment trust with a diversified portfolio of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. The Company leases its properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs and taxes.
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