Healthpeak Properties, Inc. (NYSE:DOC) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Healthpeak Properties, with 15 hold ratings and four buys among 19 firms. The average 12-month price target is $21.15, compared with the stock’s recent price of $20.91.
• Healthpeak exceeded quarterly expectations, reporting $0.08 in EPS versus a $0.03 consensus estimate and $771.58 million in revenue versus $725.64 million expected. Revenue increased 11.1% year over year.
• The REIT announced a monthly dividend of $0.1017 per share, implying a 5.8% annualized yield; institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties, Inc. (NYSE:DOC - Get Free Report) has been given an average recommendation of "Hold" by the nineteen research firms that are currently covering the firm, MarketBeat.com reports. Fifteen investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $21.1471.

A number of equities analysts have weighed in on the stock. Raymond James Financial assumed coverage on shares of Healthpeak Properties in a research note on Wednesday, June 17th. They set a "market perform" rating on the stock. BMO Capital Markets upped their price objective on Healthpeak Properties from $20.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, June 15th. Barclays initiated coverage on Healthpeak Properties in a research report on Tuesday, July 7th. They issued an "equal weight" rating and a $23.00 target price on the stock. Robert W. Baird lifted their target price on Healthpeak Properties from $19.00 to $21.00 and gave the company an "outperform" rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Healthpeak Properties in a research report on Wednesday, August 5th.

Institutional Trading of Healthpeak Properties

Institutional investors and hedge funds have recently bought and sold shares of the business. WPG Advisers LLC lifted 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 valued at $26,000 after buying an additional 1,197 shares in the last quarter. Advocate Investing Services LLC acquired a new stake in shares of Healthpeak Properties in the fourth quarter worth $26,000. Clearstead Trust LLC raised its stake in shares of Healthpeak Properties by 66.7% in the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 543 shares during the period. Elyxium Wealth LLC purchased a new position in shares of Healthpeak Properties in the 4th quarter valued at $31,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 1,216 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Stock Down 2.3%

Shares of NYSE:DOC opened at $20.91 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 firm has a market cap of $14.42 billion, a price-to-earnings ratio of 59.74, a PEG ratio of 3.31 and a beta of 1.01. The stock's 50-day moving average price is $21.24 and its two-hundred day moving average price is $18.83. Healthpeak Properties has a 12-month low of $15.70 and a 12-month high of $22.95.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. The company had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, research analysts forecast that Healthpeak Properties will post 1.76 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties's payout ratio is currently 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.

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