Healthpeak Properties (PEAK) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthpeak Properties in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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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11 Wall Street research analysts have issued 12 month price objectives for Healthpeak Properties' stock. Their PEAK share price forecasts range from $23.00 to $34.00. On average, they expect the company's stock price to reach $27.42 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price.
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Healthpeak Properties' stock was trading at $25.07 at the beginning of the year. Since then, PEAK shares have decreased by 22.3% and is now trading at $19.47.
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Healthpeak Properties saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,600,000 shares, an increase of 21.7% from the April 30th total of 8,710,000 shares. Based on an average daily volume of 4,670,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.0% of the company's shares are short sold.
View Healthpeak Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
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Healthpeak Properties, Inc. (NYSE:PEAK) released its earnings results on Tuesday, February, 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by $0.42. The business earned $524.47 million during the quarter, compared to analyst estimates of $518.85 million. Healthpeak Properties had a trailing twelve-month return on equity of 7.73% and a net margin of 26.17%. The firm's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.41 EPS.
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Healthpeak Properties declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.30 per share on Friday, May 19th. This represents a $1.20 dividend on an annualized basis and a yield of 6.16%. The ex-dividend date is Friday, May 5th.
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), ALPS Active REIT ETF (REIT), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), iShares Residential and Multisector Real Estate ETF (REZ), WisdomTree New Economy Real Estate Fund (WTRE), ETFB Green SRI REITs ETF (RITA), Invesco Real Assets ESG ETF (IVRA) and iShares US Credit Bond ETF (CRED).

Healthpeak Properties (NYSE:PEAK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.16%. PEAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.81%. 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 65.57% 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, April, 27th. The company provided EPS guidance of $1.70-$1.76 for the period, compared to the consensus estimate of $1.74. 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.49%), State Street Corp (7.17%), Geode Capital Management LLC (2.29%), JPMorgan Chase & Co. (1.63%), American Century Companies Inc. (1.62%) and Cullen Capital Management LLC (1.44%). Insiders that own company stock include Christine Garvey, Sara Grootwassink Lewis, Scott M Brinker and Thomas Klaritch.
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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 $19.47.

Healthpeak Properties (NYSE:PEAK) has a market capitalization of $10.65 billion and generates $2.06 billion in revenue each year. The company earns $500.45 million in net income (profit) each year or $1.01 on an earnings per share basis.

The company employs 196 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.