Healthpeak Properties, Inc. (PEAK)
| Market Cap | 18.15B |
| Revenue (ttm) | 1.52B |
| Net Income (ttm) | 276.83M |
| Shares Out | 538.68M |
| EPS (ttm) | 0.51 |
| PE Ratio | 66.04 |
| Forward PE | 52.63 |
| Dividend | $1.20 |
| Dividend Yield | 3.56% |
| Trading Day | June 22 |
| Last Price | $33.68 |
| Previous Close | $33.84 |
| Change ($) | -0.16 |
| Change (%) | -0.47% |
| Day's Open | 33.84 |
| Day's Range | 33.65 - 33.98 |
| Day's Volume | 2,845,103 |
| 52-Week Range | 24.03 - 35.31 |
Following the full lease of the entire Callan Ridge densification project, Healthpeak (PEAK) announces a third ground-up development, Sorrento Gateway, in San Diego.
DENVER, June 7, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Sorrento Gateway development located in the Sorrento Mesa submarke...
DENVER, June 7, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densificati...
Healthpeak (PEAK) reported earnings 30 days ago. What's next for the stock?
DENVER, June 2, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that its CEO, Tom Herzog, along with other members of its senior management team, will present at Nareit's R...
While investments in life-science and medical office portfolios are likely to aid Healthpeak's (PEAK) growth, senior-housing occupancy declines and asset disposals might dent near-term revenue growth.
DENVER, May 18, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) ("Healthpeak") announced today the consideration payable in connection with its previously announced tender offers (the "Ten...
DENVER, May 18, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) ("Healthpeak") announced today the early tender results for its previously announced tender offers (the "Tender Offers") to ...
Healthpeak (PEAK) Q1 results reflect revenue growth. However, weakness in the CCRC portfolio affects results.
Healthpeak (PEAK) delivered FFO and revenue surprises of 2.56% and -16.45%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
DENVER, May 4, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHL...
DENVER, May 4, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it has commenced tender offers (the "Tender Offers") to purchase for cash up to an aggregate principal a...
Life-science and medical office portfolios are likely to have aided Healthpeak's (PEAK) Q1 performance. Yet, occupancy declines and large asset disposals are expected to have dented revenue growth.
DENVER, April 29, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that its Board of Directors declared a quarterly common stock cash dividend of $0.30 per share. The divide...
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Baupost Group's latest 13F filing, which detailed the hedge fund's equity positions at the end of 2020, shows Seth Klarman (Trades, Portfolio)'s firm owned 44 different U.S. equities. The top five holdi...
DENVER, April 6, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) is scheduled to report its first quarter 2021 financial results after the close of trading on the New York Stock Exchange o...
The senior housing segment is poised for a recovery this summer, with occupancy and margins poised for an upturn in the back half of 2021, according to BofA Securities. The Health Care REITs Analyst: Jo...
Healthpeak's (PEAK) ground-up development of Nexus on Grand in South San Francisco and Callan Ridge campus in San Diego is in line with its strategy to expand life-science assets in key markets.
DENVER, March 18, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located at 3020-3030 Callan Road in...
DENVER, March 18, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Nexus on Grand development located at 233 East Grand Avenue in S...
While Healthpeak's (PEAK) efforts to reduce senior housing exposure by asset sales will allow it to refocus on other strategic assets, its near-term dilutive impacts on earnings are worrisome.
DENVER, March 5, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Tom Herzog, its Chief Executive Officer, is scheduled to present at the Barclays 2021 Global Healthcar...
DENVER, March 4, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Tom Herzog, its Chief Executive Officer, is scheduled to present at the Citi 2021 Global Property CEO ...
High COVID-related expenses hinder bottom-line growth for Healthpeak (PEAK) in the fourth quarter. The company also issues soft guidance for 2021.
Healthpeak (PEAK) delivered FFO and revenue surprises of 2.50% and -27.56%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
DENVER, Feb. 9, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL PERFORMA...
Healthpeak (PEAK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Healthpeak's (PEAK) investments in life science and medical office assets are anticipated to have curtailed the massive shock of the senior housing segment and aided top-line growth in Q4.
DENVER, Jan. 28, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) (the "Offeror") today announced the results of its previously announced offers (the "Offers") to purchase for cash any and ...
DENVER, Jan. 27, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) (the "Offeror") announced today the purchase prices payable in connection with its previously announced tender offers (the ...
Galvanized stocks recovered some of last week's losses led by Goldman Sachs' earnings and incoming Treasury Secretary Janet Yellen's expected remarks calling for more stimulus. With all of this news, o...
DENVER, Jan. 15, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) announced today the tax treatment of its 2020 distributions. The following table summarizes, for income tax purposes, the n...
While seniors housing exposure has crippled healthcare REITs' performance, medical office buildings and life science real estate have emerged more resilient and are grabbing investor attention.
Over halfway through the trading day on Tuesday, and the broad markets have yet to make up their minds.
This healthcare real estate investment trust has transformed itself for the better.
Glenview Capital Management recently disclosed its portfolio updates for the third quarter of 2020, which ended on Sept. 30.
Healthpeak (PEAK) reported earnings 30 days ago. What's next for the stock?
Healthpeak is accelerating a portfolio shift to MOB's and Life Science. The current $1.48 annual dividend is not well supported.
Investors looking to bolster their income portfolios have long looked to dividend-friendly real estate investment trusts (REITs) to get the job done. But recently, the appeal of high-yield REITs has int...
Seth Klarman (Trades, Portfolio), manager of The Baupost Group, has revealed his portfolio for the third quarter. The portfolio saw the addition of many new holdings, including Pershing Square Tontine H...
Today's vaccine news has some big implications for these businesses.
Healthpeak Properties' (PEAK) CEO Tom Herzog on Q3 2020 Results - Earnings Call Transcript
High COVID-19-related expenses and declining occupancy at its senior housing operating portfolio hinders third-quarter net operating income for Healthpeak (PEAK).
Healthpeak (PEAK) delivered FFO and revenue surprises of 2.56% and -1.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
IRVINE, Calif., Nov. 2, 2020 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the third quarter ended September 30, 2020. For the quarter, we generated a net loss of ...
While occupancy and uncollected rent woes are likely to have clouded healthcare, retail and office REITs' Q3 performance, high network investment by carriers are expected to have aided tower REITs.
About PEAK
Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term growth.
| Industry REIT-Healthcare Facilities | |
| CEO Thomas Herzog | Employees 217 |
| Stock Exchange NYSE | Ticker Symbol PEAK |
Financial Performance
In 2020, PEAK's revenue was $1.64 billion, an increase of 32.61% compared to the previous year's $1.24 billion. Earnings were $413.56 million, an increase of 808.33%.
Analyst Forecasts
According to 21 analysts, the average rating for PEAK stock is "Buy." The 12-month stock price forecast is 35.13, which is an increase of 4.31% from the latest price.