Healthpeak Properties, Inc. (NYSE:DOC) Receives $18.04 Consensus Target Price from Analysts

Healthpeak Properties, Inc. (NYSE:DOC) has received a consensus recommendation of “Hold” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $18.0417.

DOC has been the topic of a number of research analyst reports. Wells Fargo & Company reiterated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. The Goldman Sachs Group initiated coverage on Healthpeak Properties in a report on Friday, January 9th. They set a “neutral” rating and a $17.00 price target on the stock. Evercore lowered their price target on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Citigroup lowered their price target on Healthpeak Properties from $18.00 to $17.50 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthpeak Properties in a report on Friday, April 24th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC grew its stake in Healthpeak Properties by 11.6% in the first quarter. Wealthfront Advisers LLC now owns 35,984 shares of the real estate investment trust’s stock valued at $591,000 after purchasing an additional 3,734 shares in the last quarter. D.A. Davidson & CO. grew its stake in Healthpeak Properties by 25.6% in the first quarter. D.A. Davidson & CO. now owns 177,481 shares of the real estate investment trust’s stock valued at $2,916,000 after purchasing an additional 36,212 shares in the last quarter. Marks Group Wealth Management Inc grew its stake in Healthpeak Properties by 1.4% in the first quarter. Marks Group Wealth Management Inc now owns 91,715 shares of the real estate investment trust’s stock valued at $1,507,000 after purchasing an additional 1,239 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Healthpeak Properties by 60.3% in the first quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock valued at $253,949,000 after purchasing an additional 5,815,189 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its stake in Healthpeak Properties by 30.0% in the first quarter. Sanctuary Advisors LLC now owns 141,835 shares of the real estate investment trust’s stock valued at $2,330,000 after purchasing an additional 32,758 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Up 1.5%

Shares of Healthpeak Properties stock opened at $16.54 on Friday. The stock’s fifty day moving average is $16.93 and its 200-day moving average is $17.14. The firm has a market capitalization of $11.50 billion, a PE ratio of 165.44, a price-to-earnings-growth ratio of 2.25 and a beta of 1.00. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. Healthpeak Properties has a 12-month low of $15.70 and a 12-month high of $19.68.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The business had revenue of $738.78 million for the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. Healthpeak Properties’s revenue for the quarter was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Equities analysts anticipate that Healthpeak Properties will post 1.74 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.1017 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. Healthpeak Properties’s payout ratio is currently 1,220.00%.

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.