Healthpeak Properties, Inc. (NYSE:DOC) Given Average Rating of “Hold” by Brokerages

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

DOC has been the subject of several research reports. Wells Fargo & Company reaffirmed a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the company from $21.00 to $17.00 in a research report on Monday, December 15th. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Cantor Fitzgerald set a $17.00 price target on shares of Healthpeak Properties in a research note on Monday, January 5th. Finally, Robert W. Baird lowered their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th.

Healthpeak Properties Trading Up 1.7%

Shares of NYSE:DOC opened at $17.28 on Tuesday. Healthpeak Properties has a 52-week low of $15.71 and a 52-week high of $21.28. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.82 and a current ratio of 2.82. The company has a market capitalization of $12.01 billion, a P/E ratio of 172.77, a price-to-earnings-growth ratio of 9.12 and a beta of 1.12. The company has a 50-day simple moving average of $16.84 and a 200 day simple moving average of $17.55.

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

Healthpeak Properties Announces Dividend

The company also recently announced 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. The ex-dividend date is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. Healthpeak Properties’s dividend payout ratio (DPR) is 1,220.00%.

Institutional Trading of Healthpeak Properties

Institutional investors have recently added to or reduced their stakes in the company. Mather Group LLC. bought a new position in Healthpeak Properties during the 3rd quarter worth $25,000. City Holding Co. bought a new stake in shares of Healthpeak Properties in the third quarter valued at about $26,000. WPG Advisers LLC increased its position in Healthpeak Properties by 270.2% during the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 1,197 shares during the period. Advocate Investing Services LLC bought a new position in Healthpeak Properties during the fourth quarter worth about $26,000. Finally, Rexford Capital Inc. acquired a new stake in Healthpeak Properties in the 2nd quarter worth about $28,000. 93.57% of the stock is currently 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.