Healthpeak Properties, Inc. (NYSE:DOC) Receives Consensus Rating of “Hold” from Analysts

Healthpeak Properties, Inc. (NYSE:DOC) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $19.4167.

A number of equities analysts recently commented on the company. Jefferies Financial Group downgraded Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $21.00 to $17.00 in a report on Monday, December 15th. Weiss Ratings upgraded shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Cantor Fitzgerald set a $17.00 target price on shares of Healthpeak Properties in a research report on Monday, January 5th. Evercore dropped their price target on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company restated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd.

Healthpeak Properties Price Performance

DOC opened at $17.40 on Friday. The stock has a fifty day moving average price of $17.24 and a 200 day moving average price of $17.56. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. Healthpeak Properties has a 1 year low of $15.71 and a 1 year high of $20.81. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 174.00, a PEG ratio of 9.45 and a beta of 1.12.

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

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is 1,220.00%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. CoreCap Advisors LLC increased its holdings in shares of Healthpeak Properties by 22.4% in the third quarter. CoreCap Advisors LLC now owns 3,352 shares of the real estate investment trust’s stock worth $64,000 after acquiring an additional 613 shares in the last quarter. Fiduciary Trust Co lifted its holdings in shares of Healthpeak Properties by 4.9% during the 3rd quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after purchasing an additional 644 shares in the last quarter. Patton Fund Management Inc. grew its position in shares of Healthpeak Properties by 5.2% in the 4th quarter. Patton Fund Management Inc. now owns 13,002 shares of the real estate investment trust’s stock valued at $209,000 after purchasing an additional 648 shares during the period. Arjuna Capital grew its position in shares of Healthpeak Properties by 4.8% in the 3rd quarter. Arjuna Capital now owns 14,768 shares of the real estate investment trust’s stock valued at $283,000 after purchasing an additional 679 shares during the period. Finally, Venture Visionary Partners LLC increased its stake in Healthpeak Properties by 4.8% during the 3rd quarter. Venture Visionary Partners LLC now owns 15,455 shares of the real estate investment trust’s stock worth $296,000 after purchasing an additional 703 shares in the last quarter. 93.57% of the stock is owned by 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.