Healthpeak Properties, Inc. (DOC) Monthly Review
Publication Date: September 22, 2024
Company Overview
Healthpeak Properties, Inc. (DOC) is a leading real estate investment trust (REIT) headquartered in Denver, Colorado. Since its establishment in 1985, Healthpeak has focused on the strategic ownership, operation, and development of high-quality healthcare facilities. As a member of the S&P 500 and a significant player in the Real Estate sector under the Health Care REITs sub-industry, Healthpeak is dedicated to enhancing healthcare delivery through innovative real estate investments. With substantial revenues of approximately $2.41 billion, the company continues to capitalize on growing demand for healthcare-related real estate, making it an appealing investment opportunity in the current market landscape.
Market Performance and Analyst Outlook
Currently trading at $22.01, Healthpeak has a target high price of $26.00, indicating a favorable outlook for investors. This optimistic projection reflects confidence in the company’s operational stability and growth potential, supported by an average recommendation score of 2.0 from 15 analysts, classifying it as a “buy.” The stock’s fifty-two week high is $22.79, showcasing strong recent performance relative to historical highs. The fifty-day moving average of $21.714 further suggests bullish momentum. Additionally, with only 1.87% of the company’s float sold short (10,333,688 shares), there is a lack of bearish sentiment, implying a positive investor outlook.
Financial Highlights and Investment Potential
Healthpeak’s robust financial performance, characterized by total revenues exceeding $2.41 billion, positions it as a strong player in the healthcare REIT space. The stock’s potential for moderate growth is underscored by a target mean price of $23.70 and a median target price of $24.00. This range suggests stability with potential for upward movement. However, the absence of available Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) figures may prevent a comprehensive analysis of cash flow and operational profitability. Nonetheless, with a significant market presence and excellent revenue figures, Healthpeak Properties remains a viable choice for investors seeking exposure in the healthcare real estate sector.
By focusing on Healthpeak Properties (DOC), this report provides insights into the company’s performance, market potential, and investment viability, catering to both current and prospective shareholders.
| Metric | Value |
|---|---|
| Market Cap | $15.4b |
| Total Debt | $8.9b |
| Total Cash | $157.2m |
| Shares Outstanding | 699.1m |
| Float Shares | 695.9m |
Disclaimer:
The information provided in this monthly report is for informational purposes only and should not be construed as financial, investment, or trading advice. AltStation.io does not guarantee the accuracy, completeness, or timeliness of the data and analyses presented. The content is based on publicly available information, and while we strive to ensure its accuracy, errors and omissions may occur.
Investing in stocks, cryptocurrencies, and other financial instruments involves significant risk, including the potential loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. AltStation.io and its affiliates are not responsible for any losses incurred as a result of using this report.
By using this report, you acknowledge that you understand and accept these terms.