Healthpeak Properties (PEAK) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthpeak Properties in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PEAK shares.
View PEAK analyst ratings or view top-rated stocks.

10 brokerages have issued 1-year price objectives for Healthpeak Properties' shares. Their PEAK share price forecasts range from $22.00 to $32.00. On average, they anticipate the company's stock price to reach $26.45 in the next twelve months. This suggests a possible upside of 38.8% from the stock's current price.
View analysts price targets for PEAK or view top-rated stocks among Wall Street analysts.

Healthpeak Properties' stock was trading at $25.07 at the beginning of the year. Since then, PEAK stock has decreased by 24.0% and is now trading at $19.06.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our PEAK earnings forecast.

Healthpeak Properties, Inc. (NYSE:PEAK) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by $0.35. The business earned $545.43 million during the quarter, compared to analysts' expectations of $535.70 million. Healthpeak Properties had a trailing twelve-month return on equity of 7.48% and a net margin of 25.05%. During the same period in the previous year, the business earned $0.44 EPS.
Read the conference call transcript.

Healthpeak Properties announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.30 per share on Friday, August 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date 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 6.03%. 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 updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided EPS 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."

Healthpeak Properties' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.05%), State Street Corp (7.22%), JPMorgan Chase & Co. (2.85%), Geode Capital Management LLC (2.32%), Centersquare Investment Management LLC (1.67%) and Northern Trust Corp (1.60%). Insiders that own company stock include Christine Garvey, Sara Grootwassink Lewis, Scott M Brinker and Thomas Klaritch.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of PEAK stock can currently be purchased for approximately $19.06.

Healthpeak Properties (NYSE:PEAK) has a market capitalization of $10.43 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.