Healthpeak Properties, Inc. (NYSE:DOC) Receives $21.15 Consensus Target Price from Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been assigned a consensus rating of “Hold” from the nineteen analysts that are presently covering the stock, MarketBeat reports. Fifteen research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $21.4412.

A number of brokerages have recently weighed in on DOC. UBS Group upped their price target on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Wells Fargo & Company lifted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Morgan Stanley restated an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research report on Thursday, June 11th. Raymond James Financial began coverage on Healthpeak Properties in a research note on Wednesday, June 17th. They set a “market perform” rating for the company. Finally, Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price on the stock. in a report on Monday, May 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Clearstead Trust LLC lifted its stake in Healthpeak Properties by 66.7% in the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 543 shares during the last quarter. Advocate Investing Services LLC bought a new stake in shares of Healthpeak Properties during the fourth quarter worth $26,000. WPG Advisers LLC grew its stake in shares of Healthpeak Properties by 270.2% during the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,197 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Healthpeak Properties during the second quarter worth $33,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Healthpeak Properties by 166.3% during the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 1,216 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.1%

DOC opened at $20.78 on Tuesday. Healthpeak Properties has a twelve month low of $15.70 and a twelve month high of $22.95. The company has a 50-day simple moving average of $21.33 and a 200 day simple moving average of $18.90. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $14.33 billion, a price-to-earnings ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The firm had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. During the same period in the prior year, the company posted $0.46 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Analysts predict that Healthpeak Properties will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.9%. Healthpeak Properties’s payout ratio is presently 348.57%.

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.