Healthpeak Properties (NYSE:DOC) Posts Quarterly Earnings Results

Healthpeak Properties (NYSE:DOC) released its quarterly earnings data on Tuesday. 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, FiscalAI reports. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The business had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties updated its FY 2026 guidance to 1.730-1.770 EPS.

Healthpeak Properties Stock Down 0.2%

Shares of Healthpeak Properties stock traded down $0.05 during trading on Tuesday, hitting $21.59. 7,351,901 shares of the stock were exchanged, compared to its average volume of 8,640,509. The firm’s 50-day moving average price is $21.05 and its 200 day moving average price is $18.70. Healthpeak Properties has a 12-month low of $15.70 and a 12-month high of $22.95. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.96 and a quick ratio of 2.96. The stock has a market cap of $14.89 billion, a price-to-earnings ratio of 67.48, a price-to-earnings-growth ratio of 3.39 and a beta of 1.02.

Healthpeak Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.7%. Healthpeak Properties’s dividend payout ratio (DPR) is 381.25%.

Insider Transactions at Healthpeak Properties

In related news, insider Scott R. Bohn sold 10,989 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total transaction of $213,736.05. Following the transaction, the insider owned 7,636 shares of the company’s stock, valued at $148,520.20. This trade represents a 59.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Healthpeak Properties

A number of large investors have recently added to or reduced their stakes in DOC. Advocate Investing Services LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new stake in Healthpeak Properties in the second quarter worth $33,000. DV Equities LLC bought a new stake in shares of Healthpeak Properties during the fourth quarter valued at about $36,000. Wiser Advisor Group LLC bought a new position in Healthpeak Properties during the third quarter valued at about $38,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $55,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Robert W. Baird raised their target price on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Raymond James Financial initiated coverage on Healthpeak Properties in a research report on Wednesday, June 17th. They set a “market perform” rating for the company. Evercore cut shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price for the company. in a report on Monday, May 11th. Finally, Scotiabank upped their price objective on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 27th. Four analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $20.62.

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.