Healthpeak Properties, Inc. (NYSE:DOC) Receives $19.19 Consensus PT from Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have earned an average rating of “Hold” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $19.1923.

DOC has been the subject of several research reports. Evercore decreased their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Weiss Ratings upgraded shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Wells Fargo & Company restated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a report on Monday, January 5th. Finally, Citigroup decreased their price objective on shares of Healthpeak Properties from $18.00 to $17.50 and set a “neutral” rating for the company in a report on Wednesday, April 1st.

Healthpeak Properties Trading Up 0.1%

NYSE:DOC opened at $16.76 on Wednesday. The company has a fifty day moving average of $17.01 and a 200 day moving average of $17.37. Healthpeak Properties has a 52 week low of $15.71 and a 52 week high of $19.68. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $11.65 billion, a P/E ratio of 167.57, a P/E/G ratio of 8.96 and a beta of 1.10.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, topping the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The business had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. During the same period in the prior year, the business earned $0.46 EPS. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, research analysts predict that Healthpeak Properties will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 15th will be issued a $0.1017 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 7.3%. Healthpeak Properties’s dividend payout ratio is 1,220.00%.

Institutional Trading of Healthpeak Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Purpose Unlimited Inc. purchased a new stake in shares of Healthpeak Properties in the 4th quarter worth about $451,000. Hsbc Holdings PLC grew its position in shares of Healthpeak Properties by 7.1% in the 4th quarter. Hsbc Holdings PLC now owns 3,262,602 shares of the real estate investment trust’s stock worth $52,462,000 after buying an additional 217,394 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Healthpeak Properties by 1.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 185,118 shares of the real estate investment trust’s stock worth $2,977,000 after buying an additional 3,025 shares during the period. Advisortrust Partners LLC purchased a new stake in shares of Healthpeak Properties in the 4th quarter worth about $388,000. Finally, Corient Private Wealth LLC grew its position in shares of Healthpeak Properties by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 70,256 shares of the real estate investment trust’s stock worth $1,130,000 after buying an additional 2,376 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.