Healthpeak Properties, Inc. (DOC)

NYSE: DOC · IEX Real-Time Price · USD
18.31
+0.75 (4.27%)
At close: Mar 27, 2024, 4:00 PM
18.19
-0.12 (-0.66%)
Pre-market: Mar 28, 2024, 5:42 AM EDT

Total Valuation

DOC has a market cap or net worth of $12.46 billion. The enterprise value is $19.37 billion.

Market Cap 12.46B
Enterprise Value 19.37B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, before market open.

Earnings Date May 2, 2024
Ex-Dividend Date Feb 13, 2024

Share Statistics

DOC has 709.58 million shares outstanding. The number of shares has increased by 1.51% in one year.

Shares Outstanding 709.58M
Shares Change (YoY) +1.51%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 0.30%
Owned by Institutions (%) 74.40%
Float 544.31M

Valuation Ratios

The trailing PE ratio is 32.70 and the forward PE ratio is 54.12. DOC's PEG ratio is 3.19.

PE Ratio 32.70
Forward PE 54.12
PS Ratio 5.71
Forward PS 4.86
PB Ratio 1.96
P/FCF Ratio 52.52
PEG Ratio 3.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.54, with an EV/FCF ratio of 81.66.

EV / Earnings 63.67
EV / Sales 8.88
EV / EBITDA 15.54
EV / EBIT 39.00
EV / FCF 81.66

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.12
Debt / EBITDA 5.68
Debt / FCF 29.86
Interest Coverage 2.48

Financial Efficiency

Return on equity (ROE) is 4.70% and return on invested capital (ROIC) is 3.24%.

Return on Equity (ROE) 4.70%
Return on Assets (ROA) 1.90%
Return on Capital (ROIC) 3.24%
Revenue Per Employee $20.97M
Profits Per Employee $2.93M
Employee Count 104
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

Income Tax -9.62M
Effective Tax Rate -3.26%

Stock Price Statistics

The stock price has decreased by -12.01% in the last 52 weeks. The beta is 1.00, so DOC's price volatility has been similar to the market average.

Beta (1Y) 1.00
52-Week Price Change -12.01%
50-Day Moving Average 17.78
200-Day Moving Average 18.87
Relative Strength Index (RSI) 62.49
Average Volume (30 Days) 7,685,447

Short Selling Information

The latest short interest is 13.50 million, so 1.90% of the outstanding shares have been sold short.

Short Interest 13.50M
Short Previous Month 9.41M
Short % of Shares Out 1.90%
Short % of Float 2.48%
Short Ratio (days to cover) 1.35

Income Statement

In the last 12 months, DOC had revenue of $2.18 billion and earned $304.28 million in profits. Earnings per share was $0.56.

Revenue 2.18B
Gross Profit 1.28B
Operating Income 422.00M
Pretax Income 296.39M
Net Income 304.28M
EBITDA 1.25B
EBIT 496.72M
Earnings Per Share (EPS) $0.56
Full Income Statement

Balance Sheet

The company has $169.02 million in cash and $7.08 billion in debt, giving a net cash position of -$6.91 billion or -$9.74 per share.

Cash & Cash Equivalents 169.02M
Total Debt 7.08B
Net Cash -6.91B
Net Cash Per Share -$9.74
Equity / Book Value 6.35B
Book Value Per Share 8.95
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $956.24 million and capital expenditures -$719.00 million, giving a free cash flow of $237.24 million.

Operating Cash Flow 956.24M
Capital Expenditures -719.00M
Free Cash Flow 237.24M
FCF Per Share $0.43
Full Cash Flow Statement

Margins

Gross margin is 58.64%, with operating and profit margins of 19.35% and 13.95%.

Gross Margin 58.64%
Operating Margin 19.35%
Pretax Margin 13.59%
Profit Margin 13.95%
EBITDA Margin 57.16%
EBIT Margin 22.77%
FCF Margin 10.88%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 6.55%.

Dividend Per Share $1.20
Dividend Yield 6.55%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 214.29%
Buyback Yield -1.51%
Shareholder Yield 5.05%
Earnings Yield 2.44%
FCF Yield 1.90%
Dividend Details

Analyst Forecast

The average price target for DOC is $16.67, which is -8.96% lower than the current price. The consensus rating is "Buy".

Price Target $16.67
Price Target Difference -8.96%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) -13.59%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 1, 2016. It was a forward split with a ratio of 1098:1000.

Last Split Date Nov 1, 2016
Split Type Forward
Split Ratio 1098:1000

Scores

Altman Z-Score n/a
Piotroski F-Score 6