Healthpeak Properties (DOC) to Release Quarterly Earnings on Monday

Healthpeak Properties (NYSE:DOC) is projected to issue its quarterly earnings data after the market closes on Monday, February 3rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $691,844.55 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The company had revenue of $700.40 million for 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 business’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the company posted $0.45 earnings per share. On average, analysts expect Healthpeak Properties to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Healthpeak Properties Stock Up 0.8 %

DOC stock opened at $20.82 on Monday. Healthpeak Properties has a 52 week low of $16.01 and a 52 week high of $23.26. The business has a 50-day simple moving average of $20.83 and a 200 day simple moving average of $21.56. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The company has a market cap of $14.56 billion, a PE ratio of 44.29, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Royal Bank of Canada upped their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Mizuho cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird raised their target price on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company lowered their price target on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Finally, Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a research note on Wednesday, January 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.15.

About Healthpeak Properties

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.