Healthpeak Properties (DOC) Stock Price, News & Analysis

Company Overview

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.

Key Stats

• Today's Range: $22.44 to $22.88
• 50-Day Range: $21.50 to $23.12
• 52-Week Range: $15.24 to $23.26
• Volume: 8.92 million shs
• Average Volume: 5.73 million shs
• Market Capitalization: $15.80 billion
• P/E Ratio: 47.77
• Dividend Yield: 5.35%
• Price Target: $22.79
• Consensus Rating: Moderate Buy

Healthpeak Properties Stock Analysis - MarketRank™

Healthpeak Properties scored higher than 90% of companies evaluated by MarketBeat, and ranked 153rd out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Healthpeak Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Healthpeak Properties has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.91%

Earnings Growth

Earnings for Healthpeak Properties are expected to grow by 3.91% in the coming year, from $1.79 to $1.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Healthpeak Properties is 47.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Healthpeak Properties is 47.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.69.

Price to Earnings Growth Ratio

Healthpeak Properties has a PEG Ratio of 3.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Healthpeak Properties has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.46% of the outstanding shares of Healthpeak Properties have been sold short.

Short Interest Ratio / Days to Cover

Healthpeak Properties has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Healthpeak Properties has recently increased by 7.78%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Healthpeak Properties is a leading dividend payer. It pays a dividend yield of 5.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Healthpeak Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Healthpeak Properties is 342.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Healthpeak Properties will have a dividend payout ratio of 64.52% next year. This indicates that Healthpeak Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -3.24

Percentage of Shares Shorted

1.46% of the outstanding shares of Healthpeak Properties have been sold short.

Short Interest Ratio / Days to Cover

Healthpeak Properties has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Healthpeak Properties has recently increased by 7.78%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.66

News Sentiment

Healthpeak Properties has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Healthpeak Properties this week, compared to 4 articles on an average week.

Search Interest

21 people have searched for DOC on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.

MarketBeat Follows

6 people have added Healthpeak Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Healthpeak Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.30% of the stock of Healthpeak Properties is held by insiders.

Percentage Held by Institutions

93.57% of the stock of Healthpeak Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DOC Stock Analysis - Frequently Asked Questions

How have DOC shares performed this year?

Healthpeak Properties' stock was trading at $13.31 at the start of the year. Since then, DOC stock has increased by 68.7% and is now trading at $22.45.
View the best growth stocks for 2024 here.

How were Healthpeak Properties' earnings last quarter?

Healthpeak Properties, Inc. (NYSE:DOC) posted its quarterly earnings data on Thursday, October, 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by $0.32. The company's revenue for the quarter was up 25.9% compared to the same quarter last year.

Who are Healthpeak Properties' major shareholders?

Healthpeak Properties' top institutional investors include abrdn plc (0.39%), Douglas Lane & Associates LLC (0.21%), Foresight Group Ltd Liability Partnership (0.21%) and Asset Management One Co. Ltd. (0.19%). Insiders that own company stock include John T Thomas, Albert Black Jr, Laurie P Becker, Bradley D Page, Tommy G Thompson and Pamela Shelley-Kessler.
View institutional ownership trends.

How do I buy shares of Healthpeak Properties?

Shares of DOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Healthpeak Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Healthpeak Properties investors own include Pfizer (PFE), Realty Income (O), Medical Properties Trust (MPW), Enterprise Products Partners (EPD), Energy Transfer (ET), Boeing (BA) and Cleveland-Cliffs (CLF).

Company Calendar

• Ex-Dividend for 8/16 Dividend: 8/05/2024
• Dividend Payable: 8/16/2024
• Last Earnings: 10/24/2024
• Today: 10/31/2024
• Ex-Dividend for 11/15 Dividend: 11/04/2024
• Dividend Payable: 11/15/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:DOC
• CUSIP: N/A
• CIK: 1574540
• Web: www.docreit.com
• Phone: (414) 367-5600
• Fax: 949-407-0800
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.79
• High Stock Price Target: $28.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.35
• Trailing P/E Ratio: 47.77
• Forward P/E Ratio: 12.54
• P/E Growth: 3.3
• Net Income: $306.01 million
• Net Margins: 11.93%
• Pretax Margin: 12.65%
• Return on Equity: 3.51%
• Return on Assets: 1.60%

Debt

• Debt-to-Equity Ratio: 0.91
• Current Ratio: 0.70
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $543.46 million
• Price / Sales: 29.07
• Cash Flow: $1.75 per share
• Price / Cash Flow: 12.82
• Book Value: $12.57 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 703,781,000
• Free Float: 697,193,000
• Market Cap: $15.80 billion
• Optionable: Optionable
• Beta: 1.14