Wedbush Expects Weaker Earnings for Healthpeak Properties

Healthpeak Properties, Inc. (NYSE:DOC) – Analysts at Wedbush lowered their Q1 2025 EPS estimates for Healthpeak Properties in a report released on Thursday, December 19th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $0.46 per share for the quarter, down from their previous estimate of $0.47. The consensus estimate for Healthpeak Properties’ current full-year earnings is $1.80 per share. Wedbush also issued estimates for Healthpeak Properties’ Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.48 EPS and FY2025 earnings at $1.86 EPS.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). The firm had revenue of $700.40 million during the quarter, compared to analyst estimates of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 EPS.

Several other research analysts have also weighed in on the company. Royal Bank of Canada upped their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Robert W. Baird raised their price objective on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Evercore ISI increased their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and lifted their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Finally, Scotiabank increased their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research report on Monday, September 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and an average price target of $23.62.

Healthpeak Properties Stock Performance

DOC stock opened at $20.39 on Monday. The firm has a 50 day simple moving average of $21.76 and a 200 day simple moving average of $21.41. Healthpeak Properties has a 52 week low of $16.01 and a 52 week high of $23.26. The stock has a market cap of $14.26 billion, a P/E ratio of 43.38, a P/E/G ratio of 2.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31.

Healthpeak Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%.

Institutional Investors Weigh In On Healthpeak Properties

Institutional investors and hedge funds have recently modified their holdings of the company. HM Payson & Co. acquired a new position in Healthpeak Properties in the 3rd quarter valued at about $25,000. S.A. Mason LLC acquired a new position in shares of Healthpeak Properties in the third quarter valued at approximately $26,000. Rise Advisors LLC bought a new position in shares of Healthpeak Properties during the third quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new stake in Healthpeak Properties during the 3rd quarter worth approximately $32,000. Finally, Barrett & Company Inc. bought a new stake in Healthpeak Properties in the 3rd quarter valued at $33,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.