Healthpeak Properties, Inc. (DOC) To Go Ex-Dividend on June 15th

Healthpeak Properties, Inc. (NYSE:DOC) announced a monthly dividend on Monday, April 6th. Investors of record on Monday, June 15th will be given a dividend of 0.1017 per share by the real estate investment trust on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Monday, June 15th.

Healthpeak Properties has decreased its dividend payment by an average of 0.0%per year over the last three years. Healthpeak Properties has a dividend payout ratio of 369.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Healthpeak Properties to earn $1.78 per share next year, which means the company should continue to be able to cover its $1.22 annual dividend with an expected future payout ratio of 68.5%.

Healthpeak Properties Stock Up 0.7%

DOC stock opened at $20.64 on Friday. The firm has a 50 day moving average of $18.34 and a 200 day moving average of $17.49. The stock has a market capitalization of $14.23 billion, a PE ratio of 64.51, a price-to-earnings-growth ratio of 3.21 and a beta of 1.05. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.15. Healthpeak Properties has a 52 week low of $15.70 and a 52 week high of $20.82.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The company had revenue of $752.95 million during the quarter, compared to analysts’ expectations of $694.59 million. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. Healthpeak Properties’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the business earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Sell-side analysts forecast that Healthpeak Properties will post 1.74 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Scott R. Bohn sold 10,989 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the completion of the sale, the insider owned 7,636 shares of the company’s stock, valued at approximately $148,520.20. The trade was a 59.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Healthpeak Properties

A number of large investors have recently modified their holdings of DOC. WPG Advisers LLC grew its holdings 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 in the last quarter. Advocate Investing Services LLC acquired a new position in shares of Healthpeak Properties during the 4th quarter valued at about $26,000. Elyxium Wealth LLC acquired a new position in shares of Healthpeak Properties during the 4th quarter valued at about $31,000. Clearstead Advisors LLC boosted its position in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 1,216 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Healthpeak Properties during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About Healthpeak Properties

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.