Latest news with #CCRCs
Yahoo
5 days ago
- Business
- Yahoo
Is Healthpeak Properties Stock Underperforming the S&P 500?
Denver, Colorado-based Healthpeak Properties, Inc. (DOC) is a fully integrated REIT that owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. Valued at a market cap of $12.2 billion, the company focuses on three core private-pay healthcare sectors, including life science, medical office, and continuing care retirement communities (CCRCs). Companies worth $10 billion or more are typically classified as 'large-cap stocks,' and DOC fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the REIT - healthcare facilities industry. The company's prime locations in top U.S. innovation hubs like Boston, San Diego, and San Francisco give it access to leading healthcare systems, biotech firms, and research institutions, ensuring strong demand and stable long-term tenancy. Backed by an investment-grade balance sheet, disciplined capital allocation, and strong asset management expertise, DOC is well-positioned to benefit from growing healthcare demand, demographic trends, and the continued expansion of life sciences research and outpatient care. Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Warren Buffett's Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. This healthcare facilities REIT has slipped 24.8% from its 52-week high of $23.26, reached on Oct. 24, 2024. Shares of DOC have declined 12.7% over the past three months, lagging behind the S&P 500 Index's ($SPX) 6.3% return during the same time frame. In the longer term, DOC has fallen 9.1% over the past 52 weeks, underperforming SPX's 10.3% rise over the same time frame. Moreover, on a YTD basis, shares of DOC are down 13.7%, compared to SPX's 2.4% uptick. To confirm its bearish trend, DOC has been trading below its 200-day moving average since mid-December, 2024, with slight fluctuations, and has remained below its 50-day moving average since mid-November, 2024, with minor fluctuations. On Apr. 24, Healthpeak Properties released its Q1 results, and its shares plunged 5.2% in the following trading session. The company's revenue rose 15.9% year-over-year to $702.9 million and marginally surpassed the consensus estimates. Moreover, its FFO as adjusted of $0.46 per share grew 2.2% from the prior-year quarter and aligned with Wall Street forecasts. Robust growth in its rental and related revenues, higher resident fees, and 3.5% lower cost and expenses acted as tailwinds and led to its strong performance. Looking ahead to fiscal 2025, DOC expects adjusted FFO to range between $1.81 and $1.87 per share. Healthpeak Properties' underperformance looks pronounced when compared to its rival, Omega Healthcare Investors, Inc.'s (OHI) 13% rise over the past 52 weeks and 1.5% drop on a YTD basis. Despite DOC's recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy' from the 19 analysts covering it, and the mean price target of $22.47 suggests a 28.5% premium to its current price levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
19-06-2025
- Business
- Hans India
Farmers cautioned against overuse of chemical fertilisers, pesticides
Nandyal: As part of the Sub-Mission on Agricultural Mechanisation (SMAM), district Collector G Rajakumari announced the release of Rs 1.99 crore in subsidies for the distribution of agricultural machinery to 964 eligible small and marginal farmers. Speaking at the distribution programme held at PGRS Hall in the Collectorate on Wednesday, she emphasised the government's commitment to promoting agricultural mechanisation for enhanced productivity and farmers welfare. Highlighting the significance of sustainable farming, she urged farmers to use water judiciously, especially in areas with abundant black soil and irrigation. She cautioned against overuse of chemical fertilisers and pesticides, warning that it could deplete soil nutrients and reduce yields. Instead, she encouraged farmers to adopt organic practices, crop rotation, and mixed cropping to improve soil health and long-term productivity. She also recommended use of drones and technology in agriculture to save time and resources. In view of the ongoing cultivation of BPT Nandyal fine variety rice, the Collector advised farmers not to rush into selling their produce prematurely. She said the government has established 145 warehouses equipped with essential infrastructure to help farmers store their harvests until they can get better prices. Farmers were also encouraged to diversify crops based on climatic conditions, and she noted the success of exotic fruits like Miyazaki mangoes, which have thrived better in local conditions than in their native Japan. Plans are underway to establish cold storages and warehouses with support from NABARD and the Horticulture Department. Addressing the needs of tenant farmers, Rajakumari stated that out of one lakh tenant farmers in the district, 30,000 will be issued crop cultivator rights cards (CCRCs) this year, which remain valid for 11 months. She added that banks have been instructed to provide loans based on crop cultivation, and an additional 20% in loans will be sanctioned this year. With forecasts indicating higher rainfall, farmers were advised to stay informed about suitable cropping choices and avoid leaving fields fallow. The event concluded with the symbolic handover of subsidy cheques to beneficiary farmers and an inspection of farm machinery by the Collector at the venue. District Agriculture Officer Muralikrishna, assistant agricultural officers, mandal agricultural extension officers, and local farmers were present.
New Indian Express
23-05-2025
- Politics
- New Indian Express
Tenant Farmers in Andhra Pradesh's Srikakulam struggle to obtain CCRCs
SRIKAKULAM: The fate of tenant farmers remains unchanged as Crop Cultivators' Rights Cards (CCRCs) are still not being issued to all eligible individuals. The requirement for written agreements continues to hinder tenant farmers' access to land, as most landowners are unwilling to execute such agreements. The CCRC is vital for tenant farmers to access subsidised seeds and manure, avail crop insurance, receive compensation in the event of crop loss due to calamities, and obtain loans from banks through a simplified process. The previous YSRCP government passed the Crop Cultivators' Rights Act (CCRA) in 2019, which made a written agreement a prerequisite for the issuance of CCRCs. Due to the lack of written agreements, only a limited number of tenant farmers have received CCRCs. In Srikakulam district, just 223 CCRCs have been issued; in Parvathipuram Manyam, 300; and in Vizianagaram, only 73. 'We can issue CCRCs to tenant farmers only after receiving written consent from the landowner, as per the CCR Act 2019,' said Joint Director for Agriculture (JD-A) K. Trinadha Swamy to TNIE. 'Most landowners are unwilling to provide such consent, so we are unable to issue CCRCs to all tenant farmers,' he added.
