NEW YORK, August 11, 2017 /PRNewswire/ --
If you want a Stock Review on SNH, CCP, DOC, or GEO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The healthcare REITs delivered results that were generally below expectations in Q2 2017, according to Seeking Alpha. Broader trends of deteriorating fundamentals across the entire healthcare-provider industry continued. Meanwhile, private-pay healthcare REITs are facing a different set of challenges. While longer-term demographics remain highly favorable, supply growth continues to outpace demand for senior housing facilities. Today, DailyStockTracker.com scans the performances of the following Healthcare Facilities REITs: Senior Housing Properties Trust (NASDAQ: SNH), Care Capital Properties Inc. (NYSE: CCP), Physicians Realty Trust (NYSE: DOC), and The GEO Group Inc. (NYSE: GEO). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
Senior Housing Properties Trust
On Thursday, shares in Massachusetts-based Senior Housing Properties Trust recorded a trading volume of 1.51 million shares. The stock ended the day at $18.90, declining 0.79% from the last trading session. The Company's shares are trading below their 200-day moving average by 5.00%. Furthermore, shares of the Company, which invests in senior housing properties in the US, have a Relative Strength Index (RSI) of 33.40.
On August 03rd, 2017, Senior Housing Properties Trust announced its financial results for the quarter and six months ended June 30th, 2017. For Q2 2017, net income was $16.0 million, normalized funds from operations (FFO) were $103.6 million, and cash basis net operating income (NOI) was $157.3 million. For the six months ended June 30th, 2017, net income was $48.2 million, normalized FFO was $212.0 million, and cash basis NOI was $315.8 million. Sign up and read the free research report on SNH at:
Care Capital Properties
Illinois-based Care Capital Properties Inc.'s stock saw a drop of 1.15%, finishing yesterday's session at $24.00 with a total trading volume of 1.28 million shares. The Company's shares are trading below their 200-day moving average by 6.31%. Shares of the Company, which operates independently of Ventas, Inc. as of August 18, 2015, focuses on owning, acquiring, and leasing skilled nursing facilities and other healthcare assets operated by private regional and local care providers in the US, have an RSI of 37.78.
On August 02nd, 2017, Care Capital Properties announced that its Board of Directors declared a prorated dividend on the Company's common stock, conditioned upon the completion of its pending combination with Sabra Health Care REIT, Inc. The dividend will be payable in cash to stockholders of record at the close of business on the last business day, prior to the date on which the merger becomes effective. The complimentary research report on CCP can be downloaded at:
Physicians Realty Trust
Shares in Wisconsin-based Physicians Realty Trust ended the session 0.72% lower at $17.94. The stock recorded a trading volume of 1.55 million shares. The Company's shares are trading 6.99% below their 200-day moving average. Moreover, shares of Physicians Realty Trust, which focuses on the acquisition, development, ownership, and management of healthcare properties that are leased to physicians, hospitals, and healthcare delivery systems, have an RSI of 29.46.
On July 17th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Strong Buy' to 'Outperform', with a target price of $21 per share.
On August 03rd, 2017, Physicians Realty Trust announced results for Q2 ended June 30th, 2017. Total revenue for the quarter was $76.6 million, total expenses were $71.6 million, and net income grew to $10.3 million. Normalized funds from operations were $37.9 million, and normalized funds available for distribution were $34.2 million for Q2 2017. Register for free on DailyStockTracker.com and access the latest report on DOC at:
At the closing bell on Thursday, Florida headquartered The GEO Group Inc.'s stock dropped 1.50%, finishing at $26.26. A total volume of 1.21 million shares was traded, which was above their three months average volume of 861,060 shares. The Company's shares have gained 9.63% on an YTD basis. The stock is trading 5.25% below its 200-day moving average. Additionally, shares of GEO Group, which provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the US, Australia, South Africa, the UK, and Canada, have an RSI of 28.67.
On July 14th, 2017, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock, with a target price of $35 per share.
On August 07th, 2017, GEO Group reported its financial results for Q2 2017. Net income for the quarter was $31.0 million, adjusted net income was $38.8 million, and net operating income was $146.5 million. Normalized FFO for Q2 2017 were $55.4 million, and adjusted FFO were $74.7 million. Get free access to your research report on GEO at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA