Healthpeak Properties, Inc. (NYSE:DOC) Receives $21.15 Consensus PT from Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been given a consensus rating of “Hold” by the nineteen analysts that are currently covering the stock, Marketbeat.com reports. Fifteen investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $21.4412.

DOC has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Cantor Fitzgerald lifted their price target on Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target for the company. in a research note on Monday, May 11th. Scotiabank boosted their price objective on Healthpeak Properties from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Wednesday, May 27th. Finally, UBS Group upped their price objective on Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a research note on Wednesday, July 8th.

Institutional Investors Weigh In On Healthpeak Properties

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its holdings in Healthpeak Properties by 7.3% in the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after purchasing an additional 1,231 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Healthpeak Properties by 110.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after purchasing an additional 63,930 shares during the period. Woodline Partners LP lifted its position in shares of Healthpeak Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after buying an additional 17,279 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Healthpeak Properties by 3.1% in the 2nd quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock worth $819,000 after buying an additional 1,415 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Healthpeak Properties in the 2nd quarter worth about $3,117,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Healthpeak Properties Stock Up 0.7%

Shares of NYSE:DOC opened at $20.80 on Tuesday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $21.31 and a 200 day simple moving average of $18.89. The firm has a market cap of $14.35 billion, a PE ratio of 59.44, a price-to-earnings-growth ratio of 3.18 and a beta of 1.01. Healthpeak Properties has a 12-month low of $15.70 and a 12-month high of $22.95.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The firm had revenue of $771.58 million for the quarter, compared to analysts’ expectations of $725.64 million. During the same period in the prior year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, equities research analysts anticipate that Healthpeak Properties will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Monday, September 14th. Healthpeak Properties’s payout ratio is 348.57%.

About Healthpeak Properties

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.