Healthpeak Properties Inc. (NYSE:DOC)’s traded shares stood at 5.3 million during the last session, with the company’s beta value hitting 1.00. At the close of trading, the stock’s price was $18.31, to imply an increase of 4.27% or $0.75 in intraday trading. The DOC share’s 52-week high remains $22.38, putting it -22.23% down since that peak but still an impressive 16.77% since price per share fell to its 52-week low of $15.24. The company has a valuation of $12.99B, with an average of 7.16 million shares in intraday trading volume over the past 10 days and average of 7.62 million shares over the past 3 months.
Healthpeak Properties Inc. (NYSE:DOC) trade information
After registering a 4.27% upside in the last session, Healthpeak Properties Inc. (DOC) has traded red over the past five days. The stock hit a weekly high of 18.33, jumping 4.27% in its intraday price action. The 5-day price performance for the stock is 4.15%, and 12.75% over 30 days. With these gigs, the year-to-date price performance is -7.53%. Short interest in Healthpeak Properties Inc. (NYSE:DOC) saw shorts transact 13.5 million shares and set a 1.35 days time to cover.
Healthpeak Properties Inc. (DOC) estimates and forecasts
Looking at statistics comparing Healthpeak Properties Inc. share performance against respective industry, we note that the company has outperformed competitors. Healthpeak Properties Inc. (DOC) shares are -0.54% down over the last 6 months, with its year-to-date growth rate higher than industry average at -0.56% against -3.00%. Revenue is forecast to shrink -68.20% this quarter before jumping 11.10% for the next one. The rating firms project that company’s revenue will grow 23.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is $586.09 million. Meanwhile, for the quarter ending Jun 2024, a total of 7 analyst(s) estimate revenue growth to $686.52 million.Earnings reports from the last fiscal year show that sales brought in $525.68 million and $535.71 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 11.50% before jumping 28.20% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -24.23% for the past 5-year period. While 2024 is set for a -24.35% return in earnings, projections for the next 5 years are at -12.59% annually.
DOC Dividends
Healthpeak Properties Inc. has its next earnings report out between May 02 and May 06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Healthpeak Properties Inc. has a forward dividend ratio of 1.20, with the share yield ticking at 6.55% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Healthpeak Properties Inc. (NYSE:DOC)’s Major holders
Healthpeak Properties Inc. insiders hold 0.30% of total outstanding shares, with institutional holders owning 74.40% of the shares at 74.62% float percentage. In total, 74.40% institutions holds shares in the company, led by Blackrock Inc.. As of Jun 29, 2023, the company held over 40.3 million shares (or 16.90% of shares), all amounting to roughly $563.8 million.
The next major institution holding the largest number of shares is Vanguard Group Inc with 35.17 million shares, or about 14.75% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $492.0 million.
We also have Vanguard Specialized-Real Estate Index Fund and Undiscovered Managers Behavioral Value Fund as the top two Mutual Funds with the largest holdings of the Healthpeak Properties Inc. (DOC) shares. Going by data provided on Jul 30, 2023, Vanguard Specialized-Real Estate Index Fund holds roughly 10.05 million shares. This is just over 4.22% of the total shares, with a market valuation of $148.19 million. Data from the same date shows that the other fund manager holds a little less at 7.51 million, or 3.15% of the shares, all valued at about 105.05 million.
