Healthpeak Properties (NYSE:DOC) Issues Quarterly Earnings Results, Misses Estimates By $0.41 EPS

Healthpeak Properties (NYSE:DOC) issued its quarterly earnings results on Monday. The real estate investment trust reported $0.02 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.41), FiscalAI reports. The firm had revenue of $820.89 million for the quarter, compared to the consensus estimate of $739.18 million. Healthpeak Properties had a net margin of 12.32% and a return on equity of 4.25%. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.46 earnings per share.

Healthpeak Properties Stock Performance

DOC stock opened at $19.63 on Wednesday. Healthpeak Properties has a 1-year low of $15.70 and a 1-year high of $22.95. The business has a 50-day moving average price of $19.82 and a 200 day moving average price of $19.16. The company has a market capitalization of $13.53 billion, a P/E ratio of 10.70, a PEG ratio of 2.41 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02.

Healthpeak Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 30th. Investors of record on Friday, December 18th will be issued a $0.1017 dividend. This represents a $1.22 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Friday, December 18th. Healthpeak Properties’s payout ratio is presently 225.93%.

Key Healthpeak Properties News

Here are the key news stories impacting Healthpeak Properties this week:

• Positive Sentiment: Healthpeak raised its full-year 2026 adjusted FFO guidance to $1.76–$1.78 per share, a range that brackets the $1.77 consensus estimate. Third-quarter adjusted FFO of $0.44 also topped the $0.43 estimate. Healthpeak Q3 results and guidance
• Positive Sentiment: Operating activity was supportive: outpatient medical lease executions totaled 846,000 square feet, while senior housing growth and outpatient leasing helped drive results. Revenue rose 16.3% year over year. Healthpeak’s Q3 FFOA and operating growth
• Neutral Sentiment: Healthpeak is targeting a two- to three-year lease-up for lab properties tied to acquisitions that are about 41% occupied. Longer-term leasing could add income, but occupancy needs time to improve. Healthpeak FFO guidance and lab lease-up plans
• Negative Sentiment: Adjusted FFO declined from $0.46 per share a year earlier, and reported GAAP EPS of $0.02 was well below the cited $0.43 consensus. Coverage also flagged refinancing risk, which may weigh on investor confidence amid ongoing financing needs. Healthpeak stock and refinancing risk

Analysts Set New Price Targets

A number of research firms have recently commented on DOC. Royal Bank Of Canada upped their target price on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings cut Healthpeak Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, September 16th. Citigroup upped their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Wells Fargo & Company reduced their target price on Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Monday, October 19th. Finally, Jefferies Financial Group began coverage on Healthpeak Properties in a research note on Tuesday, September 15th. They issued a “hold” rating and a $21.00 target price on the stock. Four analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, Healthpeak Properties presently has an average rating of “Hold” and an average target price of $21.60.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, operates and develops healthcare-related real estate in the United States. The company primarily serves healthcare providers, research organizations and senior-care operators through a portfolio of specialized properties.

Its main activities include the ownership and leasing of outpatient medical office buildings, life science facilities and senior housing properties. These assets support services such as physician practices, ambulatory care, medical research and senior living.