Home
 
Home
Stock Research
Fund Research
Markets
Forex
Options
Retirement
Real Estate
News
Commentary
University
Featured Content
Free Newsletters
Financial Glossary
Business Glossary
The market in:
: :
HCP Overview
HCP Charts
HCP News
HCP Profile
HCP Analysis
HCP Offers

InvestorGuide Stock Analysis

HCP has yet to be featured as an InvestorGuide.com Stock of the Day. But read about these related stocks from the Real Estate Sector:

Thornburg Mortgage Lives to See Another Day But at a Huge Cost
Excerpt from the InvestorGuide.com Stock of the Day on 4/2/2008

At first glance, Thornburg Mortgage might seem like just another name in the long list of mortgage lenders that is in trouble. But a closer look reveals that the Santa Fe, N.M. based company is actually quite different from those that made irresponsible and risky loans to subprime borrowers (i.e. borrowers with poor credit records). Instead, Thornburg specializes in catering to a more affluent customer base with strong credit histories (i.e. prime borrowers) and the default rate on the mortgages it has originated was an industry low 0.44%, as of December 31, 2007. So then why it is fighting for its life and will it be around to see the end of this mortgage bust cycle?

A combination of excessive borrowing on its part and irrational market influences has Thornburg in dire straits. The trouble started last summer when the credit markets started to freeze up and the housing bubble was starting to burst. Thornburg received margin calls from its lenders. Thornburg is involved both in lending money to prospective homeowners who typically have strong credit scores and who are looking for 'jumbo mortgages' (i.e. mortgages of greater than $417,000) and it also invests in mortgages issued by others. It finances its operations by borrowing large sums of money on a short-term basis and submitting parts of its mortgage portfolio as collateral for these loans. As the problems in the mortgage market started depressing the value of the Thornburg's mortgage portfolio, the value of the collateral that the company had placed with its lenders fell and in turn, those lenders issued margin calls, i.e. demands that Thornburg provide additional collateral. In order to meet these margin calls in August of last year, Thornburg sold approximately $21 billion of its investment mortgage portfolio at a steep discount to raise cash. It also issued about $500 million in new preferred shares, diluting the stake held by existing shareholders. More >

Subscribe to the Stock of the Day!
 

Add to tracker
What is Morningstar's rating for HCP?

InvestorGuide Stock of the Day RSS feed

RSS
Public Storage Inc. Acquires Shurgard Storage Centers in $3.1bn Deal
Excerpt from the InvestorGuide.com Stock of the Day on 3/7/2006

Competition in the storage business shrank today as Public Storage Inc. (PSA: Charts, News, Offers) bought out Shurgard Storage Centers (SHU: Charts, News, Offers) for $3.1 billion. Shurgard turned down an acquisition offer last August equaling $2.4 billion. The new merger offer should be completed and approved by the close of the second quarter 2006. In mid-morning session, PSA, the nation's biggest self-storage business, was trading lower by 1.71 percent at $78.10 per share, and Shurgard was trading lower by 0.42 percent at $63.33 per share. Given the last week's economic data, will the self storage business be able to maintain these share price levels? More >

Trading Offers

•
Buy HCP for just $4

Special Offers

•
Learn to spot opportunities in any market with a Risk-Free* 30-day trial from Investools.

Morningstar Analysis for HCP

HCP (HCP) Upgrades

Date
Analyst
Old Rating
New Rating
07/07/2009
Morgan Keegan
Market Perform
Outperform
02/27/2009
Stifel Nicolaus
Hold
Buy
07/18/2008
Goldman Sachs
Neutral
Buy
08/01/2007
Stifel Nicolaus
Hold
Buy
03/07/2007
UBS
Buy
Neutral
12/20/2006
Banc of America
Buy
Neutral

HCP (HCP) Downgrades

Date
Analyst
Old Rating
New Rating
09/16/2009
Robert W. Baird
Outperform
Neutral
09/26/2007
UBS
Buy
Neutral
09/26/2007
Friedman Billings
Outperform
Mkt Perform
09/18/2007
Stifel Nicolaus
Buy
Hold

HCP (HCP) New Coverage

Date
Analyst
Rating
08/25/2008
Merrill Lynch
Neutral
10/17/2007
Credit Suisse
Neutral
Buy HCP for just $4

Special Offers

Buy HCP for just $4
www.sharebuilder.com
What is Morningstar's rating for HCP?
www.morningstar.com

Learn to spot opportunities in any market with a Risk-Free* 30-day trial from Investools.
www.investools.com
Trade Forex with FXSolutions. Sign up for FREE $10,000 Practice Account.
www.fxsolutions.com
Download a free Options Fundamentals Podcast, from The Options Industry Council.
OptionsEducation.org

HCP Links

Guru Analysis:
MSN Money | Morningstar | Stock Consultant

Analyst Opinions:
Reuters | SmartMoney | MarketWatch | Nasdaq | BarChart | Schaeffers | CNN Money | TheStreet

Blogs:
SocialPicks | Topix.net | SeekingAlpha | Technorati | Ask.com

Message Boards:
ClearStation | RagingBull | Yahoo | Investopedia | FreeRealTime | StockHouse Trading Offers:
Buy HCP for just $4

Competitor Analysis

Ventas
Healthcare Realty Trust Incorporated
Nationwide Health Properties
Health Care REIT
Get Analysis For: