Equities analysts forecast that Healthpeak Properties, Inc. (NYSE:PEAK – Get Rating) will post earnings of $0.43 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Healthpeak Properties’ earnings, with estimates ranging from $0.42 to $0.45. Healthpeak Properties posted earnings of $0.40 per share in the same quarter last year, which indicates a positive year over year growth rate of 7.5%. The business is expected to report its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that Healthpeak Properties will report full year earnings of $1.74 per share for the current financial year, with EPS estimates ranging from $1.70 to $1.78. For the next year, analysts expect that the business will post earnings of $1.85 per share, with EPS estimates ranging from $1.80 to $1.88. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Healthpeak Properties.
Healthpeak Properties (NYSE:PEAK – Get Rating) last announced its earnings results on Tuesday, May 3rd. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.29). The firm had revenue of $498.40 million for the quarter, compared to the consensus estimate of $490.02 million. Healthpeak Properties had a return on equity of 1.62% and a net margin of 26.63%. Healthpeak Properties’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS.
Shares of NYSE PEAK opened at $31.48 on Tuesday. The firm has a market cap of $16.98 billion, a P/E ratio of 39.85, a price-to-earnings-growth ratio of 2.98 and a beta of 0.73. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.87. Healthpeak Properties has a 1-year low of $30.16 and a 1-year high of $37.69. The business’s 50 day moving average is $33.66 and its 200-day moving average is $34.17.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 20th. Shareholders of record on Monday, May 9th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, May 6th. Healthpeak Properties’s dividend payout ratio is presently 151.90%.
Hedge funds have recently modified their holdings of the business. GHP Investment Advisors Inc. acquired a new stake in shares of Healthpeak Properties in the 1st quarter valued at $26,000. Cyrus J. Lawrence LLC acquired a new stake in shares of Healthpeak Properties in the 1st quarter valued at $29,000. Nauset Wealth Management. LLC acquired a new stake in shares of Healthpeak Properties in the 1st quarter valued at $29,000. Carl Stuart Investment Advisor Inc. acquired a new stake in shares of Healthpeak Properties in the 1st quarter valued at $32,000. Finally, NEXT Financial Group Inc boosted its holdings in shares of Healthpeak Properties by 60.9% in the 4th quarter. NEXT Financial Group Inc now owns 1,070 shares of the company’s stock valued at $38,000 after purchasing an additional 405 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.
Healthpeak Properties Company Profile (Get Rating)
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.
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