Analysts Set Healthpeak Properties, Inc. (NYSE:DOC) Target Price at $20.62

Shares of Healthpeak Properties, Inc. (NYSE:DOCGet Free Report) have received a consensus rating of “Hold” from the nineteen ratings firms that are covering the company, MarketBeat.com reports. Fifteen equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $20.6176.

DOC has been the topic of a number of recent analyst reports. Raymond James Financial initiated coverage on Healthpeak Properties in a research report on Wednesday, June 17th. They set a “market perform” rating on the stock. Barclays began coverage on Healthpeak Properties in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price objective for the company. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Royal Bank Of Canada upped their target price on Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $22.00 price target (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th.

View Our Latest Stock Report on Healthpeak Properties

Healthpeak Properties Stock Up 0.1%

NYSE:DOC opened at $22.52 on Friday. Healthpeak Properties has a fifty-two week low of $15.70 and a fifty-two week high of $22.62. The stock has a market capitalization of $15.53 billion, a P/E ratio of 70.39, a P/E/G ratio of 3.50 and a beta of 1.02. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96. The company’s 50-day simple moving average is $20.47 and its 200-day simple moving average is $18.25.

Healthpeak Properties (NYSE:DOCGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The firm had revenue of $752.95 million for the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the previous year, the firm earned $0.46 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. On average, equities analysts anticipate that Healthpeak Properties will post 1.75 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. The ex-dividend date is Monday, September 14th. This represents a c) annualized dividend and a dividend yield of 5.4%. Healthpeak Properties’s dividend payout ratio is 381.25%.

Insider Activity at Healthpeak Properties

In related news, insider Scott R. Bohn sold 10,989 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 7,636 shares of the company’s stock, valued at $148,520.20. This trade represents a 59.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by insiders.

Institutional Trading of Healthpeak Properties

Several large investors have recently bought and sold shares of the stock. Tema ETFs LLC increased its stake in Healthpeak Properties by 10.4% during the 2nd quarter. Tema ETFs LLC now owns 13,913 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 1,305 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in shares of Healthpeak Properties by 34.1% during the second quarter. Handelsbanken Fonder AB now owns 327,900 shares of the real estate investment trust’s stock worth $7,017,000 after buying an additional 83,400 shares during the period. HF Advisory Group LLC grew its holdings in shares of Healthpeak Properties by 9.2% during the second quarter. HF Advisory Group LLC now owns 130,432 shares of the real estate investment trust’s stock valued at $2,791,000 after buying an additional 10,942 shares during the last quarter. MFG Wealth Management Inc. grew its holdings in shares of Healthpeak Properties by 4.1% during the second quarter. MFG Wealth Management Inc. now owns 98,254 shares of the real estate investment trust’s stock valued at $2,103,000 after buying an additional 3,830 shares during the last quarter. Finally, Czech National Bank grew its holdings in shares of Healthpeak Properties by 3.7% during the second quarter. Czech National Bank now owns 196,235 shares of the real estate investment trust’s stock valued at $4,199,000 after buying an additional 6,943 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About Healthpeak Properties

(Get Free Report)

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.

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Analyst Recommendations for Healthpeak Properties (NYSE:DOC)

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