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

Healthpeak Properties (NYSE:DOC) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 1.760-1.800 for the period, compared to the consensus EPS estimate of 1.770. The company issued revenue guidance of -. Healthpeak Properties also updated its FY24 guidance to $1.73-1.79 EPS.

Wall Street Analyst Weigh In

DOC has been the topic of a number of recent research reports. KeyCorp restated a sector weight rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Compass Point dropped their target price on Healthpeak Properties from $19.00 to $18.00 and set a buy rating on the stock in a research report on Tuesday, January 2nd. Bank of America upgraded Healthpeak Properties from an underperform rating to a buy rating and lifted their price target for the company from $18.00 to $25.00 in a research report on Monday, April 1st. Mizuho reiterated a buy rating and set a $22.00 price objective on shares of Healthpeak Properties in a research note on Monday. Finally, Royal Bank of Canada raised their target price on Healthpeak Properties from $21.00 to $22.00 and gave the stock an outperform rating in a research note on Wednesday, April 10th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Hold and a consensus price target of $18.10.

Healthpeak Properties Price Performance

Shares of NYSE DOC traded down $0.29 during midday trading on Thursday, hitting $18.34. 6,977,878 shares of the company’s stock were exchanged, compared to its average volume of 7,272,196. The business’s fifty day moving average price is $16.38 and its two-hundred day moving average price is $13.65. The company has a market cap of $13.01 billion, a price-to-earnings ratio of 32.54, a PEG ratio of 1.82 and a beta of 1.02. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.00. Healthpeak Properties has a 12-month low of $15.24 and a 12-month high of $22.38.

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.