Healthpeak Properties, Inc. (DOC) To Go Ex-Dividend on October 19th

Healthpeak Properties, Inc. (NYSE:DOC) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Monday, October 19th will be given a dividend of $0.1017 per share by the real estate investment trust on Friday, October 30th. This represents a $1.22 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Monday, October 19th.

Healthpeak Properties has a payout ratio of 369.7% indicating that 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 Down 0.0%

Shares of NYSE DOC traded down $0.00 during midday trading on Friday, reaching $18.96. The company’s stock had a trading volume of 5,638,087 shares, compared to its average volume of 6,305,324. The stock has a 50 day simple moving average of $20.26 and a 200-day simple moving average of $19.87. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $13.07 billion, a price-to-earnings ratio of 54.16, a PEG ratio of 2.35 and a beta of 1.01. Healthpeak Properties has a fifty-two week low of $15.70 and a fifty-two week high of $22.95.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, beating 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 business had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts predict that Healthpeak Properties will post 1.77 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Healthpeak Properties in the 2nd quarter valued at $3,837,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Healthpeak Properties by 20,832.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,217,474 shares of the real estate investment trust’s stock worth $133,054,000 after buying an additional 6,187,772 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Healthpeak Properties by 23.1% during the second quarter. NewEdge Advisors LLC now owns 146,336 shares of the real estate investment trust’s stock worth $3,132,000 after buying an additional 27,508 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of Healthpeak Properties by 3,163.9% in the second quarter. Vontobel Holding Ltd. now owns 804,137 shares of the real estate investment trust’s stock valued at $17,209,000 after acquiring an additional 779,500 shares during the period. Finally, Adelante Capital Management LLC bought a new stake in shares of Healthpeak Properties in the second quarter valued at about $21,605,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, develops, leases and manages healthcare-related properties in the United States. Its portfolio primarily includes outpatient medical office buildings, life science facilities and other properties designed to support healthcare providers, researchers and related businesses.

The company’s outpatient medical office properties are generally located near hospitals and health systems and accommodate physicians, specialty clinics, ambulatory services and other healthcare users.