Is Healthpeak Properties Inc (NYSE: DOC) Proving The Doubters Wrong?

Healthpeak Properties Inc (DOC) concluded trading on Thursday at a closing price of $20.70, with 2.86 million shares of worth about $59.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.08% during that period and on January 16, 2025 the price saw a gain of about 1.87%. Currently the company’s common shares owned by public are about 699.41M shares, out of which, 697.30M shares are available for trading.

Stock saw a price change of 1.87% in past 5 days and over the past one month there was a price change of -0.29%. Year-to-date (YTD), DOC shares are showing a performance of 2.12% which decreased to -0.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.01 but also hit the highest price of $23.26 during that period. The average intraday trading volume for Healthpeak Properties Inc shares is 5.01 million. The stock is currently trading 2.59% above its 20-day simple moving average (SMA20), while that difference is down -1.74% for SMA50 and it goes to -0.30% lower than SMA200.

Healthpeak Properties Inc (NYSE: DOC) currently have 699.41M outstanding shares and institutions hold larger chunk of about 94.18% of that.

The stock has a current market capitalization of $14.77B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 44.04, while it has posted earnings per share of $0.47 in the same period. Its PEG reads 10.63 while making debt-to-equity ratio of 1.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DOC, volatility over the week remained 2.28% while standing at 2.14% over the month.

Stock’s fiscal year EPS is expected to drop by -31.52% while it is estimated to decrease by -46.82% in next year. EPS is likely to grow at an annualized rate of 4.14% for next 5-years, compared to annual growth of -24.23% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on January 15, 2025 offering an Overweight rating for the stock and assigned a target price of $25 to it. Coverage by Deutsche Bank stated Healthpeak Properties Inc (DOC) stock as a Buy in their note to investors on October 21, 2024, suggesting a price target of $28 for the stock. On May 03, 2024, Wedbush Upgrade their recommendations, while on April 26, 2024, Exane BNP Paribas Upgrade their ratings for the stock with a price target of $21. Stock get a Buy rating from Mizuho on April 22, 2024.

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