Healthpeak Properties (NYSE:DOC – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.560-1.580 for the period, compared to the consensus estimate of 1.790. The company issued revenue guidance of -. Healthpeak Properties also updated its FY24 guidance to $1.79-1.81 EPS.
Healthpeak Properties Stock Performance
Shares of NYSE:DOC traded down $0.13 during midday trading on Thursday, reaching $22.99. 8,096,503 shares of the company traded hands, compared to its average volume of 5,663,726. The firm’s fifty day moving average price is $22.24 and its two-hundred day moving average price is $20.64. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 65.69, a price-to-earnings-growth ratio of 2.27 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.91. Healthpeak Properties has a 12 month low of $15.24 and a 12 month high of $23.26.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.23). Healthpeak Properties had a net margin of 11.93% and a return on equity of 3.51%. The company had revenue of $695.50 million for the quarter, compared to the consensus estimate of $665.11 million. During the same quarter in the prior year, the company earned $0.45 earnings per share. The company’s quarterly revenue was up 27.5% on a year-over-year basis. On average, equities analysts expect that Healthpeak Properties will post 1.8 earnings per share for the current year.
Analysts Set New Price Targets
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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.
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