Healthpeak Properties, Inc. (DOC)
Healthpeak Properties, Inc. is a REIT focused on healthcare discovery and delivery. The company owns, operates, and develops high-quality real estate in the healthcare sector.
Company Overview
Healthpeak Properties, Inc. (DOC) offers investors a compelling opportunity to capitalize on the growing healthcare real estate market, driven by its strategic focus on discovery and delivery assets, a robust dividend yield of 7.84%, and a strong position as a fully integrated S&P 500 REIT.
Investment Thesis
Healthpeak Properties presents a compelling investment opportunity within the healthcare REIT sector. The company's focus on healthcare discovery and delivery assets positions it to benefit from the aging population and increasing demand for healthcare services. With a dividend yield of 7.84%, DOC offers attractive income potential. The company's strategic portfolio management and development activities are expected to drive long-term growth in net operating income (NOI). Healthpeak's integration within the S&P 500 provides stability and liquidity. The current P/E ratio of 164.38 suggests potential for valuation expansion as the company executes its growth strategy and improves profitability. Key catalysts include continued growth in the life science and medical office building segments, as well as successful redevelopment projects. Investors should consider DOC for its income generation, growth potential, and strategic positioning within the healthcare real estate market.
Key Highlights
- Market capitalization of $11.71 billion, reflecting its significant presence in the healthcare REIT sector.
- Dividend yield of 7.84%, offering attractive income potential for investors.
- P/E ratio of 164.38, indicating potential for future earnings growth and valuation expansion.
- Gross margin of 22.5%, demonstrating the company's ability to manage operating expenses.
- Beta of 1.11, suggesting a moderate level of volatility compared to the overall market.
Competitors
Strengths
- Large and diversified portfolio of healthcare properties.
- Strong relationships with leading healthcare providers.
- Experienced management team.
- High dividend yield.
Weaknesses
- Sensitivity to interest rate changes.
- Dependence on the healthcare industry.
- High P/E ratio.
- Relatively low gross margin.
Catalysts
- Upcoming: Continued growth in the life science and medical office building segments.
- Upcoming: Successful redevelopment projects that enhance property value.
- Ongoing: Strategic acquisitions that expand the company's presence in key markets.
- Ongoing: Partnerships with healthcare providers that drive new development opportunities.
Risks
- Potential: Changes in healthcare regulations that could impact demand for healthcare facilities.
- Potential: Increased competition from other REITs that could put pressure on rental rates.
- Potential: Economic downturn that could reduce demand for healthcare services.
- Ongoing: Rising interest rates that could increase borrowing costs and reduce profitability.
Growth Opportunities
- Expansion of Life Science Portfolio: Healthpeak can capitalize on the growing demand for life science real estate by expanding its portfolio of lab and research facilities. The global life science tools market is projected to reach $170 billion by 2028, presenting a significant opportunity for Healthpeak to grow its rental income and asset value. Timeline: Ongoing, with continued investment in new and existing life science properties.
- Development of Medical Office Buildings: The increasing demand for outpatient healthcare services is driving the need for medical office buildings (MOBs). Healthpeak can develop and acquire MOBs in strategic locations to capture this growing market. The U.S. medical office building market is expected to reach $200 billion by 2027. Timeline: Ongoing, with a focus on developing MOBs in high-growth markets.
- Redevelopment of Continuing Care Retirement Communities (CCRCs): Healthpeak can enhance the value of its CCRC portfolio through strategic redevelopment projects. By modernizing and upgrading these facilities, the company can attract new residents and increase rental rates. The senior housing market is expected to grow significantly in the coming years, driven by the aging population. Timeline: Ongoing, with a focus on repositioning existing CCRC assets.
- Strategic Acquisitions: Healthpeak can pursue strategic acquisitions of healthcare properties and portfolios to expand its presence in key markets and diversify its asset base. The company has a strong track record of successful acquisitions, and it can leverage its expertise to identify and integrate attractive investment opportunities. Timeline: Ongoing, with a focus on acquiring high-quality healthcare properties.
- Partnerships with Healthcare Providers: Healthpeak can form partnerships with leading healthcare providers to develop and manage healthcare facilities. These partnerships can provide Healthpeak with access to new tenants and development opportunities. The healthcare industry is increasingly focused on collaboration and integration, creating opportunities for REITs to partner with healthcare providers. Timeline: Ongoing, with a focus on building long-term relationships with healthcare providers.
Opportunities
- Expansion into new healthcare markets.
- Development of innovative healthcare facilities.
- Strategic acquisitions of healthcare properties.
- Partnerships with healthcare providers.
Threats
- Changes in healthcare regulations.
- Increased competition from other REITs.
- Economic downturn.
- Rising interest rates.
Competitive Advantages
- Scale: Healthpeak is one of the largest healthcare REITs, providing economies of scale and access to capital.
- Relationships: Strong relationships with leading healthcare providers and life science companies.
- Expertise: Experienced management team with deep expertise in healthcare real estate.
- Location: Portfolio of properties located in key markets with strong demographics.
About
Healthpeak Properties, Inc., a fully integrated real estate investment trust (REIT) and an S&P 500 constituent, specializes in owning, operating, and developing high-quality real estate assets within the healthcare sector. The company's strategic focus is on properties that support healthcare discovery and delivery, positioning it to capitalize on the long-term growth trends in the healthcare industry. Healthpeak's portfolio includes a diverse range of healthcare properties, such as life science buildings, medical office buildings, and continuing care retirement communities (CCRCs). These properties are strategically located in key markets across the United States, providing access to leading healthcare systems, research institutions, and aging populations. Healthpeak's business model centers on generating revenue through property rentals and management services. The company actively manages its portfolio to optimize occupancy rates, rental rates, and operating expenses. Healthpeak also pursues development and redevelopment opportunities to enhance the value of its existing properties and expand its presence in attractive markets. The company's commitment to innovation and sustainability is reflected in its focus on developing energy-efficient and environmentally friendly properties. Healthpeak's experienced management team and disciplined investment approach have enabled it to deliver consistent returns to shareholders over the long term. Founded with a vision to provide essential real estate infrastructure for the evolving healthcare landscape, Healthpeak continues to adapt and innovate to meet the changing needs of its tenants and the communities they serve.
What They Do
- Owns and operates healthcare real estate.
- Develops new healthcare facilities.
- Manages its portfolio of healthcare properties.
- Leases space to healthcare providers and life science companies.
- Provides property management services to tenants.
- Acquires existing healthcare properties.
Business Model
- Generates revenue through property rentals.
- Earns income from property management services.
- Increases asset value through development and redevelopment projects.
- Distributes a portion of its earnings to shareholders through dividends.
Industry Context
Healthpeak operates within the REIT - Healthcare Facilities industry, which is experiencing growth driven by demographic trends and increasing healthcare spending. The aging population is fueling demand for healthcare services and facilities, creating opportunities for healthcare REITs. The competitive landscape includes other REITs such as Alexandria Real Estate Equities and Ventas, Inc., which focus on similar property types. Healthpeak differentiates itself through its strategic focus on healthcare discovery and delivery assets, as well as its commitment to innovation and sustainability. The industry is expected to continue growing in the coming years, driven by the ongoing demand for healthcare services and the increasing need for modern, well-equipped healthcare facilities.
Key Customers
- Hospitals and healthcare systems
- Life science companies and research institutions
- Physician groups and medical practices
- Senior living operators
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $719M | $114M | $0.16 |
| Q3 2025 | $706M | -$117M | $-0.17 |
| Q2 2025 | $694M | $32M | $0.05 |
| Q1 2025 | $703M | $43M | $0.06 |
Source: Company filings
Chart & Info
Price Chart
Healthpeak Properties, Inc. (DOC) stock price: $17.04 (+0.00, +0.00%)
Why Bull
- •Recent insider buying suggests confidence in the company's future, indicating that executives believe in growth potential.
- •Community sentiment has shifted positively, with discussions highlighting DOC's innovative strategies and potential market leadership.
- •Recent partnerships and collaborations have garnered attention, signaling the company is positioning itself well for future opportunities.
- •The overall healthcare sector's resilience in the face of economic uncertainty has boosted optimism around DOC's stability and growth prospects.
Why Bear
- •Concerns about regulatory changes in the healthcare sector have led some investors to question DOC's long-term strategy.
- •Community discussions reveal skepticism about DOC's ability to scale operations effectively amid rising competition.
- •Recent earnings reports showed mixed results, leading to doubts about the company's short-term performance and growth trajectory.
- •Market perception has been clouded by broader economic factors, causing some to view DOC as vulnerable to downturns in consumer spending.
Latest News
-
REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach
MarketBeat · Feb 19, 2026
-
Earnings Scheduled For February 2, 2026
benzinga · Feb 2, 2026
-
Boomers and Gen-X Are Grabbing 5 Passive Income High-Yield Giants Before 2026 Rate Cuts
24/7 Wall St. · Jan 29, 2026
-
Earnings Scheduled For October 23, 2025
benzinga · Oct 23, 2025
Technical Analysis
Rationale
AI-generated technical analysis for DOC including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for DOC.
Make a Prediction
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Current price: $17.04
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for DOC.
Price Targets
Median: $18.00 (+9.8% from current price)
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 4/100
Revenue grew only 4.5% YoY, suggesting the company is in a slower growth phase.
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Gross Margin 6/100
Gross margin of 22.5% is acceptable but leaves limited room for R&D and marketing investment.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 8/100
Strong cash reserves of $538M provide a solid financial cushion for growth investments and market downturns.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 10/100
Daily turnover of 1.61% indicates healthy liquidity with smooth entry/exit for investors.
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Price Momentum 3/100
Weak momentum with few bullish signals. The stock may be in a downtrend or consolidation phase.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates DOC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach
Earnings Scheduled For February 2, 2026
Boomers and Gen-X Are Grabbing 5 Passive Income High-Yield Giants Before 2026 Rate Cuts
Earnings Scheduled For October 23, 2025
Frequently Asked Questions
What does Healthpeak Properties, Inc. do?
Healthpeak Properties, Inc. is a real estate investment trust (REIT) that specializes in owning, operating, and developing high-quality real estate assets in the healthcare sector. The company's portfolio includes life science buildings, medical office buildings, and continuing care retirement communities. Healthpeak leases space to healthcare providers, life science companies, and senior living operators. The company generates revenue through property rentals and management services. Healthpeak's strategic focus is on properties that support healthcare discovery and delivery, positioning it to capitalize on the long-term growth trends in the healthcare industry. The company actively manages its portfolio to optimize occupancy rates, rental rates, and operating expenses.
Is DOC stock a good buy?
DOC stock presents a mixed investment profile. The company's attractive dividend yield of 7.84% offers income potential, and its focus on healthcare discovery and delivery assets positions it to benefit from long-term growth trends in the healthcare industry. However, the high P/E ratio of 164.38 suggests that the stock may be overvalued. Investors should consider the company's growth prospects, dividend sustainability, and valuation relative to its peers. A thorough analysis of the company's financial performance, industry trends, and competitive landscape is essential before making an investment decision. The stock's beta of 1.11 indicates moderate volatility.
What are the main risks for DOC?
Healthpeak faces several risks, including changes in healthcare regulations, increased competition from other REITs, and economic downturns. Changes in healthcare regulations could impact demand for healthcare facilities and reduce rental income. Increased competition from other REITs could put pressure on rental rates and occupancy levels. An economic downturn could reduce demand for healthcare services and negatively impact the company's financial performance. Rising interest rates could increase borrowing costs and reduce profitability. Additionally, the company's dependence on the healthcare industry makes it vulnerable to industry-specific risks, such as changes in reimbursement rates and technological advancements.
Is DOC a good stock to buy?
Whether DOC is a good investment depends on your financial goals, risk tolerance, and investment horizon. Review the Investment Thesis, SWOT analysis, and Risk sections on this page. Always do your own research and consult a financial advisor before investing.
What is the DOC MoonshotScore?
MoonshotScore is our proprietary AI-powered rating system that evaluates stocks based on growth potential, financial health, market momentum, and risk factors. It helps investors quickly identify high-potential opportunities. Check the MoonshotScore badge on this page for the current rating.
How often is DOC data updated?
Stock prices are updated in real-time during market hours (9:30 AM - 4:00 PM ET). Company fundamentals, analyst ratings, and AI insights are refreshed daily. News is updated continuously throughout the day.
What are the growth catalysts for DOC?
Growth catalysts vary by company and may include new product launches, market expansion, earnings surprises, partnerships, or industry tailwinds. Check the Catalysts section on this page for specific drivers relevant to Healthpeak Properties, Inc..
Who are DOC's main competitors?
Healthpeak Properties, Inc.'s competitors depend on its industry and market segments. Check the Competitors section on this page for a list of direct competitors and how DOC compares.
What do analysts say about DOC?
Analyst ratings and price targets for DOC are aggregated from multiple sources. Check the Analyst Consensus tab for buy/hold/sell ratings and the current consensus price target.
What is DOC's market cap?
Market capitalization reflects the total market value of DOC's outstanding shares. Check the Key Statistics section at the top of this page for the current market cap and other key financial metrics.
How has DOC stock performed recently?
Check the Chart & Info tab for DOC's recent price action, including daily, weekly, and monthly performance charts with technical indicators.
What are the risks of investing in DOC?
Every stock carries risk. Check the Risks and Weaknesses sections on this page for DOC-specific risk factors. Consider macroeconomic conditions, industry trends, and company-specific challenges.
Are insiders buying or selling DOC?
Insider activity can signal management confidence. Check the Insider Flow tab for recent insider buys, sells, and exercise transactions for DOC.
Is DOC a good stock for beginners?
Healthpeak Properties, Inc. (DOC) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is DOC for first-time investors?
Every stock carries risk, including Healthpeak Properties, Inc. (DOC). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like DOC.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Financial data is based on the most recently available information.
- Future performance is subject to market conditions and company-specific factors.