General Electric Co. (GE, Financial), Equity Residential (EQR, Financial), HCP Inc. (HCP, Financial), and Range Resources Corp. (RRC, Financial) have declined to their three-year lows.
General Electric Co. (GE, Financial) declined to $16.26
The prices of General Electric Co. (GE, Financial) shares have declined to $16.26 on Jan. 19, which is only 1.2% above the three-year low of $16.07.
General Electric Co. is an American international conglomerate corporation and operates through multiple segments, including Power & Water, Oil and Gas, Aviation, Healthcare, and Transportation. The company has over 305,000 employees as of 2015 and ranked among the Fortune 500 as the 4th largest firm in the U.S. as of 2017.
General Electric Co. has a market cap of $141.01 billion; its shares were traded around $16.26 with a P/E ratio of 20.58 and P/S ratio of 1.16. The trailing 12-month dividend yield of General Electric Co. stocks is 5.17%. The forward dividend yield of General Electric Co. stocks is 2.86%.
On Jan. 18, General Electric Co. announced that it has signed long-term agreements with a consortium formed by Macquarie Capital and Techint valued at approximately $330 million. The multi-year agreements include two fully integrated contracts that will together provide 25 years of total plant service solutions for the 907 megawatts Norte II power plant, located in the municipality of Cuidad Juarez.
Equity Residential (EQR, Financial) declined to $60.47
The prices of Equity Residential (EQR, Financial) shares have declined to $60.47 Jan. 19, which is only 3.6% above the three-year low of $58.28.
Equity Residential is an American real estate investment trust that primarily invests in apartments. As of Dec. 31, 2016, the company owned or had investments in 302 properties including 77,485 apartment units. The company’s investments are located primarily in Boston, New York City, Washington DC, San Francisco, and Seattle.
Equity Residential has a market cap of $22.22 billion; its shares were traded around $60.47 with a P/E ratio of 29.63 and P/S ratio of 9.44. The trailing 12-month dividend yield of Equity Residential stocks is 3.34%. The forward dividend yield of Equity Residential stocks is 3.33%. Equity Residential had an annual average earnings growth of 9.50% over the past 10 years.
On Dec. 19, 2017, Equity Residential declared a fourth quarter dividend of $1.03625 per share of the company’s series K preferred shares. The dividend will be paid on Jan. 2, 2018, to shareholders of record at the close of business on Dec. 21, 2017.
HCP Inc. (HCP, Financial) declined to $23.42
The prices of HCP Inc. (HCP, Financial) shares have declined to $23.42 Jan. 19, which is only 3.2% above the three-year low of $22.67.
HCP Inc. is an American fully integrated real estate investment trust that focuses invests in real estate in the United States healthcare industry. The company’s portfolio stretches across various sectors, led by senior housing, life science, and medical offices. The company holds the distinction of the first healthcare real estate investment trust selected to the S&P 500 Index.
HCP Inc. has a market cap of $10.99 billion; its shares were traded around $23.42 with a P/E ratio of 21.10 and P/S ratio of 5.65. The trailing 12-month dividend yield of HCP Inc. stocks is 6.33%. The forward dividend yield of HCP Inc. stocks is 6.34%. HCP Inc. had an annual average earnings growth of 1.50% over the past 10 years.
On Nov. 2, 2017, HCP Inc. reported results for the third financial quarter of 2017 ended Sept. 30, 2017. Loss per share and funds from operations were $0.02 and $0.33 respectively. The company also reentered the Boston life science market with a $228 million acquisition of the Hayden Research campus that brought its year-to-date developments to $447 million.
Range Resources Corp. (RRC, Financial) declined to $16.08
The prices of Range Resources Corp. (RRC, Financial) shares have declined to $16.08 Jan. 19, which is only 4.7% above the 3-year low of $15.33.
Range Resources Corp. is an American petroleum and natural gas exploration and production company. As of Dec. 31, 2016, the company had 12.1 trillion cubic feet of natural gas equivalent of estimated reserves, of which 65% was natural gas and 31% was natural gas liquids. The remaining 4% of reserve was petroleum. As of 2016, the company had a total asset worth of $11.282 billion.
Range Resources Corp. has a market cap of $3.99 billion; its shares were traded around $16.08 with and P/S ratio of 1.83. The trailing 12-month dividend yield of Range Resources Corp. stocks is 0.51%. The forward dividend yield of Range Resources Corp. stocks is 0.49%.
On Dec. 1 Range Resources Corp. announced that its Board of Directors has declared a cash dividend of $0.02 per common share on its common stock for the fourth quarter. The dividend is payable on Dec. 29, 2017, to shareholders of record at the close of business on Dec. 15. 2017.
Disclosure: I do not own stock in any of the companies mentioned in the article.
