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Real Estate - REIT - Healthcare Facilities - NYSE - US
$ 20.78
0.387 %
$ 14.5 B
Market Cap
41.56
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one DOC stock under the worst case scenario is HIDDEN Compared to the current market price of 20.8 USD, Healthpeak Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one DOC stock under the base case scenario is HIDDEN Compared to the current market price of 20.8 USD, Healthpeak Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one DOC stock under the best case scenario is HIDDEN Compared to the current market price of 20.8 USD, Healthpeak Properties, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
2.18 B REVENUE
314.14%
1.18 B OPERATING INCOME
840.96%
335 M NET INCOME
204.22%
956 M OPERATING CASH FLOW
270.06%
-577 M INVESTING CASH FLOW
-1399.15%
-337 M FINANCING CASH FLOW
-51.89%
700 M REVENUE
0.70%
117 M OPERATING INCOME
4.35%
92.7 M NET INCOME
-39.27%
318 M OPERATING CASH FLOW
0.63%
30.2 M INVESTING CASH FLOW
-83.12%
-266 M FINANCING CASH FLOW
47.03%
Balance Sheet Healthpeak Properties, Inc.
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Current Assets 583 M
Cash & Short-Term Investments 139 M
Receivables 274 M
Other Current Assets 169 M
Non-Current Assets 15.1 B
Long-Term Investments 783 M
PP&E 240 M
Other Non-Current Assets 14.1 B
Current Liabilities 1.38 B
Accounts Payable 240 M
Short-Term Debt 24 M
Other Current Liabilities 1.11 B
Non-Current Liabilities 8.45 B
Long-Term Debt 7.08 B
Other Non-Current Liabilities 1.37 B
EFFICIENCY
Earnings Waterfall Healthpeak Properties, Inc.
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Revenue 2.18 B
Cost Of Revenue 903 M
Gross Profit 1.28 B
Operating Expenses 103 M
Operating Income 1.18 B
Other Expenses 840 M
Net Income 335 M
RATIOS
58.61% GROSS MARGIN
58.61%
53.88% OPERATING MARGIN
53.88%
14.03% NET MARGIN
14.03%
4.82% ROE
4.82%
1.95% ROA
1.95%
9.16% ROIC
9.16%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Healthpeak Properties, Inc.
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Net Income 335 M
Depreciation & Amortization 750 M
Capital Expenditures 0
Stock-Based Compensation 15 M
Change in Working Capital 82.9 M
Others -233 M
Free Cash Flow 956 M
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 $23 , with forecasts ranging from a low of $19 to a high of $28 .
DOC Lowest Price Target Wall Street Target
19 USD -8.57%
DOC Average Price Target Wall Street Target
23 USD 10.68%
DOC Highest Price Target Wall Street Target
28 USD 34.74%
4. DIVIDEND ANALYSIS
1.31% DIVIDEND YIELD
0.3 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Healthpeak Properties, Inc.
image
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
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
301 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
10 months ago
Mar 04, 2024
Bought 301 K USD
Lewis Sara Grootwassink
Director
+ 18000
16.71 USD
1 year ago
Dec 08, 2023
Sell 50.3 K USD
Hall Amy M
SVP-Leasing&Physician Strategy
- 4001
12.58 USD
1 year ago
Sep 14, 2023
Sell 301 K USD
Becker Laurie P
SVP - Controller
- 22322
13.47 USD
1 year ago
Sep 12, 2023
Bought 30 K USD
BLACK ALBERT JR
Director
+ 2264
13.26 USD
1 year ago
Feb 28, 2023
Bought 15.3 K USD
BLACK ALBERT JR
Director
+ 1021
14.98 USD
2 years ago
Dec 14, 2022
Bought 98.9 K USD
Thompson Tommy G
Director
+ 6575
15.04 USD
2 years ago
Dec 13, 2022
Bought 269 K USD
Thompson Tommy G
Director
+ 17760
15.16 USD
2 years ago
Aug 18, 2022
Sell 178 K USD
Thomas John T
President and CEO
- 10000
17.81 USD
2 years ago
Aug 17, 2022
Sell 180 K USD
Thomas John T
President and CEO
- 10000
17.95 USD
2 years ago
Aug 15, 2022
Sell 182 K USD
Thomas John T
President and CEO
- 10000
18.15 USD
2 years ago
Aug 15, 2022
Sell 78.5 K USD
Page Bradley D.
SVP - General Counsel
- 4330
18.12 USD
2 years ago
Jun 14, 2022
Bought 50.4 K USD
SHELLEY-KESSLER PAMELA
director:
+ 3000
16.81 USD
2 years ago
May 17, 2022
Sell 52.2 K USD
Weiss Richard A.
director:
- 2898
18 USD
2 years ago
Mar 03, 2022
Bought 101 K USD
BLACK ALBERT JR
director:
+ 6079
16.62 USD
2 years ago
Mar 01, 2022
Bought 150 K USD
THEILER JEFFREY
EVP - CFO
+ 9225
16.26 USD
4 years ago
Aug 28, 2020
Bought 50.8 K USD
BLACK ALBERT JR
Director
+ 2800
18.13 USD
4 years ago
Aug 18, 2020
Sell 75.9 K USD
Klein Daniel M
SVP - Deputy CIO
- 4208
18.04 USD
4 years ago
Aug 17, 2020
Sell 492 K USD
THEILER JEFFREY
EVP - CFO
- 27200
18.09 USD
4 years ago
Jun 04, 2020
Sell 106 K USD
Anderson Stanton D.
Director
- 6000
17.73 USD
4 years ago
Mar 13, 2020
Bought 99.5 K USD
Thomas John T
President and CEO
+ 6300
15.79 USD
4 years ago
Mar 13, 2020
Bought 50.2 K USD
Lucey John W.
Chief Acctg. & Admin Officer
+ 3145
15.97 USD
4 years ago
Mar 04, 2020
Sell 100 K USD
Anderson Stanton D.
Director
- 5000
20.09 USD
4 years ago
Mar 02, 2020
Sell 287 K USD
Anderson Stanton D.
Director
- 15000
19.14 USD
4 years ago
Feb 03, 2020
Sell 97.5 K USD
Thomas John T
President and CEO
- 5000
19.5 USD
5 years ago
Jan 02, 2020
Sell 92.4 K USD
Thomas John T
President and CEO
- 5000
18.48 USD
5 years ago
Dec 10, 2019
Bought 50.4 K USD
Theine Mark D.
EVP of Asset/Investments
+ 2650
19.03 USD
5 years ago
Dec 02, 2019
Sell 95.1 K USD
Thomas John T
President and CEO
- 5000
19.02 USD
5 years ago
Nov 11, 2019
Bought 75.5 K USD
THEILER JEFFREY
Executive Vice President & CFO
+ 4150
18.19 USD
5 years ago
Nov 08, 2019
Bought 10 K USD
Becker Laurie P
SVP-Controller
+ 553
18.09 USD
5 years ago
Nov 08, 2019
Bought 33.1 K USD
Lucey John W.
Chief Acctg. & Admin Officer
+ 1840
17.99 USD
5 years ago
Nov 08, 2019
Bought 19 K USD
Lucey John W.
Chief Acctg. & Admin Officer
+ 1060
17.9 USD
5 years ago
Nov 01, 2019
Sell 93 K USD
Thomas John T
President and CEO
- 5000
18.6 USD
5 years ago
Oct 01, 2019
Sell 87.8 K USD
Thomas John T
President and CEO
- 5000
17.55 USD
5 years ago
Sep 06, 2019
Bought 74.8 K USD
Page Bradley D.
Senior VP & General Counsel
+ 4330
17.27 USD
5 years ago
Sep 03, 2019
Sell 87.5 K USD
Thomas John T
President and CEO
- 5000
17.5 USD
5 years ago
Aug 08, 2019
Sell 87.5 K USD
Thomas John T
President and CEO
- 5000
17.5 USD
5 years ago
Jul 01, 2019
Sell 22.8 K USD
Thomas John T
President and CEO
- 1300
17.5 USD
5 years ago
Jul 03, 2019
Sell 64.8 K USD
Thomas John T
President and CEO
- 3700
17.5 USD
5 years ago
Jun 06, 2019
Sell 91.3 K USD
Thomas John T
President and CEO
- 5000
18.26 USD
6 years ago
May 09, 2018
Bought 19.8 K USD
Thompson Tommy G
Director
+ 1300
15.22 USD
6 years ago
Mar 06, 2018
Bought 201 K USD
Thompson Tommy G
Director
+ 13650
14.71 USD
7 years ago
Dec 14, 2017
Bought 49.9 K USD
Thompson Tommy G
Director
+ 2705
18.46 USD
7 years ago
Nov 08, 2017
Bought 100 K USD
THEILER JEFFREY
Executive Vice President & CFO
+ 5634
17.76 USD
7 years ago
Sep 27, 2017
Bought 53.2 K USD
Lucey John W.
Senior Vice President
+ 3000
17.75 USD
8 years ago
Nov 23, 2016
Bought 37.9 K USD
Thompson Tommy G
Director
+ 2100
18.05 USD
8 years ago
Nov 17, 2016
Bought 260 K USD
Thompson Tommy G
Director
+ 14400
18.04 USD
8 years ago
Nov 10, 2016
Bought 36.5 K USD
BLACK ALBERT JR
Director
+ 2088
17.49 USD
8 years ago
Nov 10, 2016
Bought 4.99 K USD
BLACK ALBERT JR
Director
+ 285
17.5 USD
8 years ago
Nov 10, 2016
Bought 36.2 K USD
BLACK ALBERT JR
Director
+ 2066
17.5 USD
8 years ago
Sep 08, 2016
Sell 327 K USD
Thomas John T
President and CEO
- 15000
21.79 USD
8 years ago
Aug 17, 2016
Bought 7.83 K USD
BLACK ALBERT JR
Director
+ 380
20.61 USD
8 years ago
Aug 16, 2016
Bought 6.25 K USD
BLACK ALBERT JR
Director
+ 300
20.82 USD
8 years ago
Aug 16, 2016
Bought 6.41 K USD
BLACK ALBERT JR
Director
+ 308
20.82 USD
8 years ago
Jun 14, 2016
Sell 239 K USD
Sweet John
Executive Vice President & CIO
- 12000
19.9 USD
8 years ago
Jun 14, 2016
Sell 17.9 K USD
Page Bradley D.
Senior VP & General Counsel
- 900
19.93 USD
9 years ago
Aug 31, 2015
Bought 14.7 K USD
Thompson Tommy G
Director
+ 1000
14.71 USD
9 years ago
Aug 25, 2015
Bought 746 USD
Page Bradley D.
Senior VP & General Counsel
+ 50
14.91 USD
9 years ago
Aug 24, 2015
Bought 14.4 K USD
BLACK ALBERT JR
Director
+ 990
14.55 USD
9 years ago
Aug 11, 2015
Bought 48.4 K USD
Anderson Stanton D.
Director
+ 3200
15.13 USD
9 years ago
Aug 11, 2015
Bought 24.6 K USD
Thomas John T
President and CEO
+ 1625
15.14 USD
9 years ago
Aug 11, 2015
Bought 3.03 K USD
Page Bradley D.
Senior VP & General Counsel
+ 200
15.14 USD
9 years ago
Jun 01, 2015
Bought 15.6 K USD
BLACK ALBERT JR
Director
+ 958
16.29 USD
9 years ago
May 29, 2015
Bought 321 USD
Page Bradley D.
Senior VP & General Counsel
+ 20
16.06 USD
9 years ago
Mar 11, 2015
Bought 50.7 K USD
BLACK ALBERT JR
Director
+ 3160
16.06 USD
9 years ago
Mar 06, 2015
Bought 15.8 K USD
Weiss Richard A.
Director
+ 1000
15.77 USD
9 years ago
Mar 09, 2015
Bought 10.5 K USD
Thompson Tommy G
Director
+ 650
16.08 USD
9 years ago
Mar 06, 2015
Bought 11 K USD
Sweet John
Executive Vice President & CIO
+ 700
15.77 USD
9 years ago
Mar 09, 2015
Bought 9.99 K USD
Page Bradley D.
Senior VP & General Counsel
+ 630
15.86 USD
10 years ago
Dec 11, 2014
Bought 30.2 K USD
Thompson Tommy G
Director
+ 1900
15.88 USD
10 years ago
Dec 01, 2014
Bought 15.3 K USD
Baumgartner Mark A.
Director
+ 1000
15.31 USD
10 years ago
Nov 25, 2014
Bought 15.5 K USD
Weiss Richard A.
Director
+ 1000
15.5 USD
10 years ago
Jun 03, 2014
Bought 12.8 K USD
Sweet John
Executive Vice President & CIO
+ 900
14.19 USD
10 years ago
Jun 02, 2014
Bought 13.9 K USD
Weiss Richard A.
Director
+ 1000
13.88 USD
10 years ago
May 30, 2014
Bought 49.5 K USD
Anderson Stanton D.
Director
+ 3600
13.75 USD
10 years ago
May 27, 2014
Bought 12.5 K USD
Lucey John W.
Senior Vice President
+ 1000
12.5 USD
10 years ago
May 27, 2014
Bought 50 K USD
Thompson Tommy G
Director
+ 4000
12.5 USD
11 years ago
Dec 11, 2013
Bought 11.5 K USD
Lucey John W.
Senior Vice President
+ 1000
11.5 USD
11 years ago
Dec 11, 2013
Bought 100 K USD
Anderson Stanton D.
Director
+ 8696
11.5 USD
11 years ago
Jul 19, 2013
Bought 7.48 K USD
Baumgartner Mark A.
Director
+ 645
11.5954 USD
11 years ago
Jul 24, 2013
Bought 2.5 K USD
Thomas John T
President and CEO
+ 217
11.5 USD
11 years ago
Jul 24, 2013
Bought 4.99 K USD
Thomas John T
President and CEO
+ 434
11.5 USD
11 years ago
Jul 24, 2013
Bought 2.5 K USD
Thomas John T
President and CEO
+ 217
11.5 USD
11 years ago
Jul 24, 2013
Bought 2.5 K USD
Thomas John T
President and CEO
+ 217
11.5 USD
11 years ago
Jul 24, 2013
Bought 100 K USD
Thomas John T
President and CEO
+ 8695
11.5 USD
11 years ago
Jul 24, 2013
Bought 150 K USD
Thompson Tommy G
Director
+ 13047
11.5 USD
11 years ago
Jul 24, 2013
Bought 11.5 K USD
Lucey John W.
Senior Vice President
+ 1000
11.5 USD
11 years ago
Jul 24, 2013
Bought 9.99 K USD
Ebinger William A.
Director
+ 869
11.5 USD
11 years ago
Jul 24, 2013
Bought 50 K USD
BLACK ALBERT JR
Director
+ 4347
11.5 USD
11 years ago
Jul 24, 2013
Bought 50 K USD
BLACK ALBERT JR
Director
+ 4347
11.5 USD
11 years ago
Jul 24, 2013
Bought 100 K USD
Anderson Stanton D.
Director
+ 8695
11.5 USD
18 years ago
Mar 14, 2006
Sell 200 K USD
SILVERMAN SCOTT R
Director
- 50000
3.99 USD
7. News
A REIT Geek Who Likes Healthpeak Healthpeak Properties is a top healthcare REIT with a robust portfolio, strong fundamentals, and a well-covered 6% yield, making it an attractive investment. Despite recent price declines, Healthpeak's AFFO growth, low leverage, and strategic life-science assets position it for stability and modest growth. The lab space market's tightening supply and increased biotech capital raise Healthpeak's valuation potential, justifying a conservative P/AFFO of 14-16x. seekingalpha.com - 1 week ago
5 Of Bairds Top 2025 Red-Hot Stock Ideas Pay Dependable Recurring Dividends With all of the major indices making solid moves higher in 2024, we were very interested to see what the top prognosticators across Wall Street think is in store for 2025 as we start the second quarter of the new century. 247wallst.com - 1 week ago
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP. zacks.com - 2 weeks ago
Healthpeak Properties: I'm Buying The 6% Dividend Yield Healthpeak Properties has dipped and now offers a 6% dividend yield that's 147% covered by its fiscal 2024 third-quarter FFO. The REIT generated free cash flow in excess of dividend payments during the third quarter. Spiking US 10-year Treasury yield forms a material headwind for stock price growth. seekingalpha.com - 4 weeks ago
State Of REITs: Recession To Recovery In 2025 The real estate cycle will finally transition from the "Recession" phase to the "Recovery" phase in 2025. Muted supply growth will be the silver-lining to the brutal three-year bear market. False Start: REITs surged 20% leading up to the Fed's initial "jumbo" interest rate cut in September, but have hit the skids once again since the rate cuts actually began. Historically Cheap: REITs have underperformed the S&P 500 by a whopping 45 percentage points since the start of the Fed hiking cycle in 2022 - a historically remarkable underperformance gap. seekingalpha.com - 1 month ago
Bert's November 2024 Dividend Income Summary We focused on building two positions over the last year: Realty Income and Starbucks. AT&T slashed its dividend several years ago in an effort to shore up its balance sheet. Starbucks has rebounded well, ever since it dropped in the $70s late in 2023 and early 2024. seekingalpha.com - 1 month ago
Cash COWs And Buried Treasures: 2024 Performance Review About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices. seekingalpha.com - 1 month ago
Healthpeak Properties Extends Its $3 Billion Revolving Credit Facility DENVER--(BUSINESS WIRE)--Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today that its operating partnership has amended and extended its $3 billion revolving credit facility (“Credit Facility”), as well as made conforming amendments to its outstanding term loans in connection with the Credit Facility. “We appreciate the strong support of our lender group who offered to provide over $5 billion of. businesswire.com - 1 month ago
The State Of REITs: November 2024 Edition The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October. seekingalpha.com - 1 month ago
Home For The Holidays U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - which lagged in two post-election weeks amid a rebound in interest rates - were among the leaders this week following an encouraging slate of REITworld updates. seekingalpha.com - 1 month ago
2 High Yield REITs: Is The Thrill Of Victory Worth The Agony Of Defeat? Chasing high yields can be dangerous; avoid “sucker yields” to protect your investments and ensure long-term financial safety. Sachem Capital Corp. has a history of dividend cuts and poor financial performance, making it a risky investment. Healthcare Realty Trust Incorporated faces management instability and unsustainable dividends, suggesting it is not a safe investment. seekingalpha.com - 1 month ago
Healthpeak Properties' Strong Performance Leads to '24 Guidance Raise DOC raises 2024 guidance as a result of the continued strong performance of its high-quality lab, outpatient medical and CCRC portfolios. zacks.com - 2 months ago
8. Profile Summary

Healthpeak Properties, Inc. DOC

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COUNTRY US
INDUSTRY REIT - Healthcare Facilities
MARKET CAP $ 14.5 B
Dividend Yield 1.31%
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 193
Officers Mr. Jeffrey H. Miller General Counsel Mr. Shawn G. Johnston Executive Vice President & Chief Accounting Officer Mr. Andrew Johns CFA Senior Vice President of Investor Relations Mr. Thomas M. Klaritch Chief Operating Officer Ms. Lisa A. Alonso Executive Vice President & Chief Human Resources Officer Mr. Scott M. Brinker President, Chief Executive Officer & Director Mr. Peter A. Scott Chief Financial Officer Mr. Ankit B. Patadia Executive Vice President of Finance & Treasurer Mr. Scott R. Bohn Chief Development Officer & Head of Lab Mr. Adam G. Mabry Chief Investment Officer