Healthpeak Properties (PEAK) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Healthpeak Properties in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PEAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEAK, but not buy additional shares or sell existing shares.
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9 brokerages have issued 1 year price targets for Healthpeak Properties' shares. Their PEAK share price forecasts range from $22.00 to $32.00. On average, they predict the company's share price to reach $26.40 in the next twelve months. This suggests a possible upside of 43.8% from the stock's current price.
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Healthpeak Properties' stock was trading at $25.07 at the start of the year. Since then, PEAK shares have decreased by 26.8% and is now trading at $18.36.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
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Healthpeak Properties, Inc. (NYSE:PEAK) announced its quarterly earnings data on Thursday, July, 27th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.35. The company had revenue of $545.43 million for the quarter, compared to analysts' expectations of $535.70 million. Healthpeak Properties had a net margin of 25.05% and a trailing twelve-month return on equity of 7.48%. During the same quarter in the prior year, the business posted $0.44 EPS.
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Healthpeak Properties announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 7th will be given a dividend of $0.30 per share on Friday, August 18th. This represents a $1.20 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend is Friday, August 4th.
Read our dividend analysis for PEAK.

ETFs with the largest weight of Healthpeak Properties (NYSE:PEAK) stock in their portfolio include Janus Henderson U.S. Real Estate ETF (JRE), iShares Residential and Multisector Real Estate ETF (REZ), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Invesco S&P 500 Equal Weight Real Estate ETF (RSPR), Invesco Real Assets ESG ETF (IVRA), WisdomTree New Economy Real Estate Fund (WTRE), ETFB Green SRI REITs ETF (RITA) and ALPS Active REIT ETF (REIT).

Healthpeak Properties (NYSE:PEAK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.54%. PEAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 123.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PEAK will have a dividend payout ratio of 65.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PEAK.

Healthpeak Properties issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $1.73-$1.77 for the period, compared to the consensus earnings per share estimate of $1.73. The company issued revenue guidance of -.

10 employees have rated Healthpeak Properties Chief Executive Officer Thomas M. Herzog on Glassdoor.com. Thomas M. Herzog has an approval rating of 100% among the company's employees. This puts Thomas M. Herzog in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Healthpeak Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEAK."

Shares of PEAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEAK stock can currently be purchased for approximately $18.36.

Healthpeak Properties (NYSE:PEAK) has a market capitalization of $10.04 billion and generates $2.06 billion in revenue each year. The company earns $500.45 million in net income (profit) each year or $0.97 on an earnings per share basis.

The company employs 199 workers across the globe.

Healthpeak Properties' mailing address is 1920 MAIN STREET SUITE 1200, IRVINE CA, 92614. The official website for the company is www.healthpeak.com. The company can be reached via phone at (720) 428-5050, via email at investorrelations@healthpeak.com, or via fax at 949-407-0800.