Robert W. Baird Cuts Healthpeak Properties (NYSE:DOC) Price Target to $19.00

Key Points

• Robert W. Baird cut its price target for Healthpeak Properties from $20.00 to $19.00 while maintaining an outperform rating, which implies roughly a 14% upside from the prior close.
• Analyst coverage is mixed—six Buys and eight Holds result in a MarketBeat consensus of Hold with a consensus target of $19.19, and several firms (Jefferies, Argus, Cantor Fitzgerald, Wall Street Zen) have recently trimmed ratings or targets.
• DOC traded at $16.67 (+0.9%) with a $11.59 billion market cap; it beat quarterly expectations (EPS $0.47, revenue $719.4M) and issued FY2026 EPS guidance of 1.700–1.740.

Healthpeak Properties (NYSE:DOC - Get Free Report) had its price target dropped by analysts at Robert W. Baird from $20.00 to $19.00 in a research note issued on Monday,Benzinga reports. The firm currently has an "outperform" rating on the real estate investment trust's stock. Robert W. Baird's price target points to a potential upside of 14.00% from the stock's previous close.

DOC has been the topic of several other research reports. Cantor Fitzgerald set a $17.00 price target on shares of Healthpeak Properties in a report on Monday, January 5th. Argus lowered shares of Healthpeak Properties from a "buy" rating to a "hold" rating in a research note on Thursday, February 5th. Jefferies Financial Group cut shares of Healthpeak Properties from a "buy" rating to a "hold" rating and reduced their price target for the company from $21.00 to $17.00 in a research report on Monday, December 15th. Wells Fargo & Company reissued a "positive" rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Finally, Wall Street Zen lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Healthpeak Properties presently has an average rating of "Hold" and a consensus target price of $19.19.

Healthpeak Properties Trading Up 0.9%

DOC traded up $0.15 during trading on Monday, hitting $16.67. 183,278 shares of the stock traded hands, compared to its average volume of 9,200,803. The firm has a market capitalization of $11.59 billion, a P/E ratio of 166.90, a price-to-earnings-growth ratio of 8.84 and a beta of 1.10. Healthpeak Properties has a 12-month low of $15.71 and a 12-month high of $19.68. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82. The firm has a 50-day moving average of $17.07 and a 200 day moving average of $17.44.

Healthpeak Properties (NYSE:DOC - Get Free Report) 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 analysts' consensus estimates of $0.45 by $0.02. The firm had revenue of $719.40 million for the quarter, compared to analysts' expectations of $685.14 million. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Equities research analysts anticipate that Healthpeak Properties will post 1.86 EPS for the current year.

Hedge Funds Weigh In On Healthpeak Properties

A number of institutional investors and hedge funds have recently made changes to their positions in DOC. Mather Group LLC. purchased a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $25,000. City Holding Co. bought a new stake in Healthpeak Properties in the third quarter worth $26,000. WPG Advisers LLC grew its stake in shares of Healthpeak Properties by 270.2% in 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 last quarter. Advocate Investing Services LLC bought a new position in shares of Healthpeak Properties during the fourth quarter valued at $26,000. Finally, Rexford Capital Inc. purchased a new position in shares of Healthpeak Properties in the 2nd quarter worth about $28,000. Institutional investors own 93.57% of the company's stock.

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.

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