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Real Estate - REIT - Healthcare Facilities - NYSE - US
$ 18.22
-0.492 %
$ 12.7 B
Market Cap
44.44
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one DOC stock under the worst case scenario is HIDDEN Compared to the current market price of 18.2 USD, Healthpeak Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one DOC stock under the base case scenario is HIDDEN Compared to the current market price of 18.2 USD, Healthpeak Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one DOC stock under the best case scenario is HIDDEN Compared to the current market price of 18.2 USD, Healthpeak Properties, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DOC

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$21.0$21.0$20.5$20.5$20.0$20.0$19.5$19.5$19.0$19.0$18.5$18.5$18.0$18.0$17.5$17.5$17.0$17.0$16.5$16.515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
2.7 B REVENUE
23.82%
471 M OPERATING INCOME
-59.90%
267 M NET INCOME
-20.15%
1.07 B OPERATING CASH FLOW
11.95%
-114 M INVESTING CASH FLOW
80.27%
-941 M FINANCING CASH FLOW
-179.10%
703 M REVENUE
0.70%
60.4 M OPERATING INCOME
-50.71%
50.1 M NET INCOME
369.12%
279 M OPERATING CASH FLOW
-1.45%
-231 M INVESTING CASH FLOW
1.31%
-94.4 M FINANCING CASH FLOW
12.17%
Balance Sheet Healthpeak Properties, Inc.
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Current Assets 986 M
Cash & Short-Term Investments 120 M
Receivables 794 M
Other Current Assets 72.3 M
Non-Current Assets 19 B
Long-Term Investments 937 M
PP&E 424 M
Other Non-Current Assets 17.6 B
3.98 %4.70 %88.23 %Total Assets$19.9b
Current Liabilities 875 M
Accounts Payable 276 M
Short-Term Debt 150 M
Other Current Liabilities 449 M
Non-Current Liabilities 10 B
Long-Term Debt 8.85 B
Other Non-Current Liabilities 1.15 B
4.13 %81.35 %10.60 %Total Liabilities$10.9b
EFFICIENCY
Earnings Waterfall Healthpeak Properties, Inc.
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Revenue 2.7 B
Cost Of Revenue 1.08 B
Gross Profit 1.62 B
Operating Expenses 1.15 B
Operating Income 471 M
Other Expenses 204 M
Net Income 267 M
3b3b3b3b2b2b2b2b1b1b500m500m003b(1b)2b(1b)471m(204m)267mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
60.11% GROSS MARGIN
60.11%
17.45% OPERATING MARGIN
17.45%
9.00% NET MARGIN
9.00%
2.89% ROE
2.89%
1.22% ROA
1.22%
2.41% ROIC
2.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Healthpeak Properties, Inc.
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1b1b1b1b800m800m600m600m400m400m200m200m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 267 M
Depreciation & Amortization 1.06 B
Capital Expenditures 0
Stock-Based Compensation 31.8 M
Change in Working Capital 44.8 M
Others -329 M
Free Cash Flow 1.07 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Healthpeak Properties, Inc.
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Wall Street analysts predict an average 1-year price target for DOC of $24.8 , with forecasts ranging from a low of $22 to a high of $28 .
DOC Lowest Price Target Wall Street Target
22 USD 20.75%
DOC Average Price Target Wall Street Target
24.8 USD 35.84%
DOC Highest Price Target Wall Street Target
28 USD 53.68%
Price
Max Price Target
Min Price Target
Average Price Target
2828262624242222202018181616Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
1.51% DIVIDEND YIELD
0.102 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.500002.500002.000002.000001.500001.500001.000001.000000.500000.500000.000000.000000.2250.514570.2250.523680.2250.2250.370.230.370.230.370.230.370.230.30.230.230.30.230.230.30.230.30.3050.2250.514570.523680.2250.2250.370.230.230.370.230.370.230.370.30.30.230.30.30.101670.101670.101670.2250.514570.523680.370.230.370.230.370.230.370.230.30.230.30.230.30.30.2250.900.514572.060.2251.500.371.490.230.910.371.340.231.060.371.200.231.200.371.200.231.200.371.130.231.200.31.130.231.060.31.060.231.060.30.900.30.630.330.400.230.300.312015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Healthpeak Properties, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
966 K USD 7
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Healthpeak Properties: Attractive Yield For Income-Oriented Investors Healthpeak Properties offers strong upside potential, driven by robust AFFO growth, merger synergies, and a well-covered 7% dividend yield. Recent earnings show double-digit revenue and AFFO growth, with management guiding for continued double-digit AFFO growth and solid same-store NOI in 2025. Share repurchases, a switch to monthly dividends, and a healthy balance sheet further support long-term price appreciation and income stability. seekingalpha.com - 4 days ago
Healthpeak Properties: Resilient Yield And A Valuation Gap Worth Watching Healthpeak Properties offers both capital appreciation potential and a stable, safe yield, making it attractive at current levels. The strategic merger with Physicians Realty Trust has diversified the portfolio, reducing risk from senior housing and labs, and increasing outpatient medical exposure. Despite macro headwinds and lingering pressure on lab properties, the outpatient segment remains resilient and supports overall stability. seekingalpha.com - 5 days ago
Why Healthpeak (DOC) is a Top Momentum Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. zacks.com - 6 days ago
Healthpeak Offers An Attractive Dividend Yield With Room For Growth Healthpeak offers a nearly 7% yield, strong dividend coverage, and trades at a deep discount to private market value, making it a compelling buy. The merger with Physicians Realty Trust created a diversified, cost-efficient REIT with reliable income from medical offices and upside from labs and senior housing. Risks like soft lab demand and higher rates are cushioned by long leases, fixed debt, and strong outpatient/CCRC performance, ensuring dividend security. seekingalpha.com - 1 week ago
The Healthpeak Properties Dilemma: Merger Payoff Ahead, Or More Pain For Investors? DOC is a hold—stock trades near lows, post-merger integration is ongoing, and the market isn't buying the growth story yet. Merger with Physicians Realty Trust brings scale and diversification, but organic growth is lacking and integration risks remain. Valuation isn't compelling: payout ratio is stretched, margins are middling, and peers offer better value or growth opportunities. seekingalpha.com - 1 week ago
Investing in These 5 REITs Could Earn You $4,700 Per Year Real estate investment trusts (REITs) are a popular investment sector of particular interest to income-based investors. 247wallst.com - 1 week ago
Healthpeak: An Attractive Deal Here Healthpeak Properties is trading at historically low valuations, offering a compelling 7% dividend yield with strong coverage and solid operating results. The REIT's diversified portfolio, consistent NOI growth, and defensive healthcare focus provide stability and resilience against macroeconomic shocks. Insider buying and share repurchases signal management's confidence in the stock's undervaluation and future upside potential. seekingalpha.com - 1 week ago
2 'Sleep Well At Night' REITs For Retirees Well Positioned To Deliver Growth REITs remain attractive for retirees, offering income, diversification, and resilience even in higher-rate, inflationary environments, as proven by historical performance. Healthpeak is a top pick due to its diverse healthcare portfolio, strong balance sheet, safe dividend, and potential for 20%+ total return in 12 months. Apple Hospitality stands out for its low leverage, robust margins, 8%+ dividend yield, and forecasted 15%+ total return despite near-term RevPAR softness. seekingalpha.com - 1 week ago
Healthpeak Properties Announces Second Quarter 2025 Earnings Release Date and Conference Call Details DENVER--(BUSINESS WIRE)--Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, is scheduled to report second quarter 2025 financial results after the close of trading on the New York Stock Exchange on Thursday, July 24, 2025. Healthpeak will host a conference call and webcast on Friday, July 25, 2025, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) to review its financial performance and operating results. Th. businesswire.com - 2 weeks ago
Bargain Alert: I'm Buying Monthly Dividends Up To 7% Yield Timing of income is an important consideration. Monthly dividend stocks provide recurring income and faster compounding of wealth. I highlight two monthly dividend payers that are undervalued while supporting well-covered yields. Both carry strong balance sheets with A- and BBB+ credit ratings and durable business models that support growth for years to come. seekingalpha.com - 2 weeks ago
5 Goldman Sachs S&P 500 Dividend Picks With the Highest Prospective Risk-Adjusted Returns Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest U.S. 247wallst.com - 2 weeks ago
Dividends Under $60: Don't Miss This 7.1% High-Yield Stock A dividend stock with 7%-plus yields and solid upside potential. The downside risk is also limited at current prices. 247wallst.com - 2 weeks ago
8. Profile Summary

Healthpeak Properties, Inc. DOC

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COUNTRY US
INDUSTRY REIT - Healthcare Facilities
MARKET CAP $ 12.7 B
Dividend Yield 1.51%
Description 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.
Contact 4600 South Syracuse Street, Denver, CO, 80237 https://www.healthpeak.com
IPO Date May 23, 1985
Employees 387
Officers Mr. Kelvin O. Moses Chief Financial Officer Mr. James A. Croy Senior Vice President of Leasing - Outpatient Medical Mr. Andrew Johns CFA Senior Vice President of Investor Relations Mr. Scott M. Brinker President, Chief Executive Officer & Director Mr. Scott R. Bohn Chief Development Officer & Head of Lab Ms. Lisa A. Alonso Executive Vice President & Chief Human Resources Officer Mr. Shawn G. Johnston Executive Vice President & Chief Accounting Officer Ms. Tracy A. Porter Executive Vice President, General Counsel & ESG Mr. Thomas M. Klaritch Consultant Mr. Adam G. Mabry Chief Investment Officer