Healthpeak Properties Inc (NYSE:DOC) price on current trading day, fall -1.64% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.79.
A look at the stock’s price movement, the level at last check in today’s session was $20.12, moving within a range at $19.74 and $20.21. The beta value (5-Year monthly) was 1.117 while the PE ratio in trailing twelve months stood at 57.03. Turning to its 52-week performance, $23.13 and $15.74 were the 52-week high and 52-week low respectively. Overall, DOC moved -0.60% over the past month.
Healthpeak Properties Inc’s market cap currently stands at around $14.12 billion, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 0.71, with its dividend yield at 3.61%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 702.91M for the company’s revenue for the quarter, with a low and high estimate of 701.33M and 704.5M respectively. The average forecast suggests up to a 16.99% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.83B, representing a 6.58% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DOC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 7 recommend DOC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DOC’s current price about -3.08% and -4.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.71, while 7-day volatility ratio is 2.56% and 2.25% in the 30-day chart. Further, Healthpeak Properties Inc (DOC) has a beta value of 1.13, and an average true range (ATR) of 0.48. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $22 and high of $28. Looking at the price targets, the low is -11.17% off recent price level in today’s trading while to achieve the yearly target high, it has to move -41.49%. Nonetheless, investors will most likely welcome a -26.33% jump to $25 which is the analysts’ median price.
If we refocus on Healthpeak Properties Inc (NYSE:DOC), historical trading data shows that trading volumes averaged 6.47 over the past 10 days and 4.70 million over the past 3 months. The company’s latest data on shares outstanding shows there are 699.49 million shares.
The 0.39% of Healthpeak Properties Inc’s shares are in the hands of company insiders while institutional holders own 95.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.25 million on 2025-01-15, giving us a short ratio of 2.78. The data shows that as of 2025-01-15 short interest in Healthpeak Properties Inc (DOC) stood at 203.99998999999997 of shares outstanding, with shares short rising to 11.24 million registered in 2024-12-13. Current price change has pushed the stock -2.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DOC stock continues to rise going into the next quarter.
