Healthpeak Properties (NYSE:DOC) Releases FY 2024 Earnings Guidance

Healthpeak Properties (NYSE:DOC) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.770-1.810 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. BNP Paribas upgraded Healthpeak Properties from a neutral rating to an outperform rating and upped their target price for the stock from $19.00 to $21.00 in a report on Friday, April 26th. Argus upgraded Healthpeak Properties to a strong-buy rating in a report on Thursday, May 9th. Scotiabank increased their price objective on Healthpeak Properties from $22.00 to $23.00 and gave the company a sector outperform rating in a report on Thursday, May 16th. Mizuho reiterated a buy rating and set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday, April 22nd. Finally, StockNews.com upgraded Healthpeak Properties from a sell rating to a hold rating in a report on Tuesday. Six investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $19.90.

Healthpeak Properties Stock Performance

Shares of NYSE DOC remained flat at $20.76 during mid-day trading on Thursday. The company had a trading volume of 5,269,469 shares, compared to its average volume of 6,037,088. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.69 and a current ratio of 0.69. The stock’s fifty day moving average price is $19.77 and its 200 day moving average price is $17.14. Healthpeak Properties has a 52-week low of $15.24 and a 52-week high of $22.38. The stock has a market cap of $14.61 billion, a price-to-earnings ratio of 59.32, a PEG ratio of 2.62 and a beta of 1.11.

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.