Healthpeak Properties (NYSE:DOC – Get Free Report) released its quarterly earnings data on Thursday. The real estate investment trust reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.23), Zacks reports. The business had revenue of $695.50 million during the quarter, compared to the consensus estimate of $665.11 million. Healthpeak Properties had a return on equity of 3.69% and a net margin of 11.93%. The business’s revenue was up 27.5% on a year-over-year basis. During the same period last year, the company earned $0.45 EPS. Healthpeak Properties updated its FY 2024 guidance to 1.770-1.810 EPS.
Healthpeak Properties Trading Up 5.5 %
Shares of DOC traded up $1.14 during mid-day trading on Friday, reaching $21.90. 8,948,525 shares of the company’s stock traded hands, compared to its average volume of 3,874,896. The stock has a market cap of $15.41 billion, a P/E ratio of 62.57, a P/E/G ratio of 2.73 and a beta of 1.11. The stock’s 50-day moving average is $19.81 and its two-hundred day moving average is $17.23. Healthpeak Properties has a 12 month low of $15.24 and a 12 month high of $22.38. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.69 and a quick ratio of 0.69.
Healthpeak Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Stockholders of record on Monday, August 5th will be paid a dividend of $0.30 per share. The ex-dividend date is Monday, August 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.48%. Healthpeak Properties’s dividend payout ratio is 342.87%.
Analyst Ratings Changes
Get Our Latest Stock Analysis on DOC
About Healthpeak Properties
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.
Further Reading
- Five stocks we like better than Healthpeak Properties
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Is Crypto Cool Again? What Stocks You Should Be Watching
- Financial Services Stocks Investing
- Why Call Options Volume for These 2 Stocks Spiked Together
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- MarketBeat Week in Review – 7/22 – 7/26
Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter.