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Healthpeak Properties, Inc. (DOC)

Real Estate | REIT - Healthcare Facilities | Denver, United States | NYSE
21.73 USD +0.08 (0.370%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 4:03 a.m. EDT

The investment case here is fundamentally broken by a brutal multi-year decline. Despite the company declaring monthly dividends, the price has cratered nearly 45% over the last nine years, with four consecutive years of negative returns ending recently. This persistent downward trajectory suggests the market views the business quality as deteriorating, rendering the current valuation and yield unreliable for long-term holders. While the monthly dividend provides some income stability, the payout ratio and the relentless price drop indicate potential stress. On the short end, the stock is technically neutral; it has recovered slightly from its lows but lacks the momentum to break out, while options traders are aggressively buying insurance against further drops. The statistical forecast shows no directional bias, confirming the lack of a clear catalyst. Investors should avoid this security until there is definitive proof of a reversal in the long-term trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.157768
AutoETS0.158910
AutoARIMA0.158911
AutoTheta0.162405

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 45%
H-stat 3.57
Ljung-Box p 0.000
Jarque-Bera p 0.008
Excess Kurtosis -0.08
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-07-19
Last Dividend Date 2026-06-14
Debt to Equity Ratio 118.243
Revenue per Share 4.133
Market Cap 14,981,090,304
Trailing P/E 67.91
Forward P/E 2173.00
Beta 1.00
Profit Margins 7.73%
Website https://www.healthpeak.com

As of July 11, 2026, 4:03 a.m. EDT: Speculators are positioning defensively with heavy put volume concentrated in the $15-$20 range across multiple expirations, creating a significant floor. Call activity is muted and skewed toward out-of-the-money strikes, suggesting limited bullish conviction despite the stock trading near its 52-week highs relative to recent lows. Implied volatility is elevated on downside protection, indicating fear of further deterioration rather than anticipation of a rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.50% 6.85% 6.50% 5.60%
Dividend History
Date Dividend Yield %
2026-06-15 0.102000 0.499266
2026-05-18 0.102000 0.523345
2026-04-17 0.102000 0.587219
2026-03-17 0.102000 0.577904
2026-02-13 0.102000 0.610778
2026-01-16 0.102000 0.572070
2025-12-19 0.102000 0.637899
2025-11-14 0.102000 0.587896
2025-10-17 0.102000 0.549865
2025-09-19 0.102000 0.552247
2025-08-18 0.102000 0.597890
2025-07-18 0.102000 0.556769
2025-06-16 0.102000 0.595099
2025-05-19 0.102000 0.575621
2025-04-17 0.102000 0.544000
2025-02-14 0.305000 1.556917
2024-11-04 0.300000 1.364256
2024-08-05 0.300000 1.446480
2024-05-03 0.300000 1.581444
2024-02-13 0.300000 1.787843
2023-11-06 0.300000 1.788909
2023-08-04 0.300000 1.413095
2023-05-05 0.300000 1.396648
2023-02-08 0.300000 1.122755
2022-11-04 0.300000 1.249479
2022-08-05 0.300000 1.131648
2022-05-06 0.300000 0.978793
2022-02-10 0.300000 0.932546
2021-11-05 0.300000 0.876168
2021-08-06 0.300000 0.825310
2021-05-07 0.300000 0.894988
2021-02-19 0.300000 1.007387
2020-11-10 0.370000 1.260218
2020-08-13 0.370000 1.348888
2020-05-07 0.370000 1.577825
2020-02-14 0.370000 0.991691
2019-11-01 0.370000 1.007900
2019-08-02 0.370000 1.124962
2019-05-03 0.370000 1.205604
2019-02-15 0.370000 1.199741
2018-11-02 0.370000 1.340580
2018-08-03 0.370000 1.398337
2018-05-04 0.370000 1.578498
2018-02-14 0.370000 1.699587
2017-11-03 0.370000 1.363301
2017-08-03 0.370000 1.232101
2017-05-04 0.370000 1.237458
2017-02-13 0.370000 1.199352
2016-11-08 0.370000 1.245372
2016-08-04 0.523679 1.493505
2016-05-05 0.523679 1.680303
2016-02-04 0.523679 1.605247
2015-11-05 0.514572 1.577772
2015-08-06 0.514572 1.488801
2015-05-07 0.514572 1.439857
2015-02-05 0.514572 1.250000
2014-11-06 0.496357 1.263915
2014-08-07 0.496357 1.338737
2014-05-08 0.496357 1.285984
2014-02-06 0.496357 1.428946
2013-10-31 0.478142 1.265060
2013-08-01 0.478142 1.247623
2013-05-02 0.478142 0.989446
2013-01-31 0.478142 1.131709
2012-11-01 0.455373 1.151542
2012-08-02 0.455373 1.079913
2012-05-03 0.455373 1.226391
2012-02-02 0.455373 1.213002
2011-11-03 0.437158 1.215804
2011-08-04 0.437158 1.479653
2011-05-05 0.437158 1.259180
2011-02-08 0.437158 1.303284
2010-11-04 0.423497 1.280991
2010-08-05 0.423497 1.318774
2010-04-29 0.423497 1.413803
2010-02-09 0.423497 1.718402
2009-11-05 0.418944 1.619150
2009-08-04 0.418944 1.739790
2009-05-01 0.418944 2.194659
2009-02-05 0.418944 2.000872
2008-11-06 0.414390 1.851099
2008-08-07 0.414390 1.332748
2008-05-01 0.414390 1.270950
2008-02-05 0.414390 1.563037
2007-11-01 0.405282 1.392800
2007-08-02 0.405282 1.653659
2007-05-03 0.405282 1.276168
2007-02-01 0.405282 1.079572
2006-11-01 0.387067 1.386170
2006-08-03 0.387067 1.581688
2006-05-04 0.387067 1.630850
2006-02-09 0.387067 1.594745
2005-11-03 0.382514 1.666007
2005-08-04 0.382514 1.513515
2005-05-03 0.382514 1.683368
2005-02-03 0.382514 1.615386
2004-11-04 0.380692 1.499282
2004-08-02 0.380692 1.686163
2004-05-04 0.380692 1.751151
2004-02-02 0.380237 1.478400
2003-10-31 0.377960 1.779970
2003-07-31 0.377960 1.893680
2003-05-01 0.377960 2.243244
2003-02-04 0.377960 2.310691
2002-11-06 0.377960 1.903670
2002-08-01 0.373406 1.882892
2002-05-02 0.368852 1.999997
2002-01-31 0.364299 2.106928
2001-10-31 0.359745 2.122515
2001-08-01 0.355191 2.232397
2001-05-01 0.350638 2.188125
2001-02-01 0.346084 2.428116
2000-11-01 0.341530 2.643172
2000-08-01 0.336976 2.546234
2000-05-01 0.332423 2.660595
2000-02-01 0.327869 2.880001
1999-10-19 0.323315 2.660421
1999-07-29 0.318761 2.635291
1999-04-29 0.314208 2.243905
1999-02-01 0.309654 2.354979
1998-10-30 0.305100 1.992564
1998-07-30 0.300546 1.869024
1998-04-30 0.295993 1.925928
1998-02-05 0.291439 1.723906
1997-10-30 0.286885 1.649753
1997-07-31 0.282332 1.722225
1997-04-30 0.277778 1.841511
1997-01-30 0.273224 1.684210
1996-10-31 0.268670 1.679713
1996-07-31 0.264117 1.718521
1996-05-01 0.259563 1.816734
1996-02-01 0.255009 1.594305
1995-11-01 0.250455 1.660375
1995-08-01 0.245902 1.700790
1995-04-27 0.241348 1.744857
1995-01-17 0.236794 1.824560
1994-11-02 0.232240 1.821425
1994-07-28 0.227687 1.754388
1994-04-28 0.223133 1.633334
1994-01-28 0.218579 1.691628
1993-10-28 0.214936 1.510398
1993-07-28 0.211749 1.512198
1993-04-27 0.208106 1.632146
1993-01-28 0.204918 1.698113
1992-10-28 0.201275 1.890909
1992-07-28 0.198087 1.803105
1992-04-28 0.194672 1.965516
1992-01-21 0.191257 1.740934
1991-10-28 0.188297 2.035693
1991-07-30 0.185565 2.037504
1991-04-29 0.182605 2.089905
1991-01-30 0.179872 2.257136
1990-10-29 0.176913 2.466673
1990-07-30 0.174180 2.399995
1990-04-30 0.171220 2.581968
1990-01-30 0.168488 2.508472
1989-10-30 0.165528 2.464403
1989-07-28 0.162796 2.403362
1989-04-26 0.044399 0.764707
1989-04-03 0.115437 2.007918
1989-01-26 0.157104 2.732677
1988-10-26 0.154144 2.566826
1988-07-26 0.151412 2.633670
1988-04-28 0.148452 2.448831
1988-02-01 0.145719 2.327265
1987-10-28 0.143443 2.769238
1987-07-28 0.141166 2.224219
1987-04-28 0.138889 2.121741
1987-01-27 0.136612 2.060086
Additional Data
dividendRate 1.22
dividendYield 5.61
exDividendDate 2026-07-20
trailingAnnualDividendRate 1.22
trailingAnnualDividendYield 0.056351043
lastDividendValue 0.102
lastDividendDate 2026-06-15
dividendDate 2026-09-25

Info Dump

Attribute Value
52 Week Change 0.16774547
Address1 4,600 South Syracuse Street
Address2 Suite 500
All Time High 51.056465
All Time Low 4.326047
Ask 21.82
Ask Size 2,700
Audit Risk 6
Average Analyst Rating 2.4 - Buy
Average Daily Volume10 Day 6,980,340
Average Daily Volume3 Month 8,673,198
Average Volume 8,673,198
Average Volume10Days 6,980,340
Beta 1.004
Bid 21.56
Bid Size 4,900
Board Risk 4
Book Value 11.257
City Denver
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 21.73
Current Ratio 2.039
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 22.005
Day Low 21.57
Debt To Equity 118.243
Dividend Date 1,790,294,400
Dividend Rate 1.22
Dividend Yield 5.61
Earnings Call Timestamp End 1,785,960,000
Earnings Call Timestamp Start 1,785,960,000
Earnings Growth 3.639
Earnings Quarterly Growth 3.521
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,785,873,600
Earnings Timestamp Start 1,785,873,600
Ebitda 1,543,782,016
Ebitda Margins 0.53742003
Enterprise To Ebitda 16.68
Enterprise To Revenue 8.964
Enterprise Value 25,750,599,680
Eps Current Year 0.405
Eps Forward 0.01
Eps Trailing Twelve Months 0.32
Esg Populated 0
Ex Dividend Date 1,784,505,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax (949) 407-0800
Fifty Day Average 19.85
Fifty Day Average Change 1.8799992
Fifty Day Average Change Percent 0.09471028
Fifty Two Week Change Percent 16.774548
Fifty Two Week High 22.13
Fifty Two Week High Change -0.39999962
Fifty Two Week High Change Percent -0.018074995
Fifty Two Week Low 15.7
Fifty Two Week Low Change 6.0299997
Fifty Two Week Low Change Percent 0.38407642
Fifty Two Week Range 15.7 - 22.13
Financial Currency USD
First Trade Date Milliseconds 485,703,000,000
Five Year Avg Dividend Yield 5.57
Float Shares 686,648,235
Forward Eps 0.01
Forward P E 2,173.0
Free Cashflow 1,109,761,536
Full Exchange Name NYSE
Full Time Employees 411
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.58329
Gross Profits 1,675,554,944
Has Pre Post Market Data 1
Held Percent Insiders 0.00296
Held Percent Institutions 1.02388
Implied Shares Outstanding 689,419,702
Industry REIT - Healthcare Facilities
Industry Disp REIT - Healthcare Facilities
Industry Key reit-healthcare-facilities
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,481,600
Last Dividend Value 0.102
Last Fiscal Year End 1,767,139,200
Last Split Date 1,477,958,400
Last Split Factor 1,098:1000
Long Business Summary Healthpeak Properties, Inc. is a Standard & Poor's 500 company that owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery in the United States. Our company was originally founded in 1985. We are organized as an umbrella partnership REIT. We hold substantially all our assets and conduct our operations through our operating subsidiary, Healthpeak OP, a consolidated subsidiary of which we are the managing member. We are a Maryland corporation and qualify as a self-administered REIT. We are headquartered in Denver, Colorado, with additional corporate offices in California, Tennessee, Wisconsin, and Massachusetts and property management offices in several locations throughout the U.S. We have a diversified portfolio of high-quality healthcare properties across three core asset classes of outpatient medical, lab, and continuing care retirement community real estate. Under the outpatient medical and lab segments, we own, operate, and develop outpatient medical buildings, hospitals, and lab buildings. Under the CCRC segment, our properties are operated through RIDEA structures. We have other non-reportable segments that are comprised primarily of: (i) an interest in an unconsolidated joint venture that owns 19 senior housing assets, (ii) loans receivable, and (iii) a preferred equity investment. These non-reportable segments have been presented on a combined basis herein. At September 30, 2025, our portfolio of investments, including properties in certain of our unconsolidated joint ventures, consisted of interests in 703 properties: (i) Outpatient medical – 530 properties; (ii) Lab – 139 properties; (iii) CCRC – 15 properties; and (iv) Other non-reportable – 19 properties. Healthpeak Properties, Inc. was incorporated in 1985 in Maryland, USA.
Long Name Healthpeak Properties, Inc.
Market us_market
Market Cap 14,981,090,304
Market State PRE
Max Age 86,400
Message Board Id finmb_277966
Most Recent Quarter 1,774,915,200
Net Income To Common 221,632,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 14,981,090,124
Number Of Analyst Opinions 19
Open 21.73
Operating Cashflow 1,233,410,944
Operating Margins 0.12307999
Overall Risk 5
Payout Ratio 3.8126001
Peg Ratio 4.32
Phone (720) 428-5050
Pre Market Change -0.06529999
Pre Market Change Percent -0.30064452
Pre Market Price 21.6547
Pre Market Time 1,784,028,781
Previous Close 21.65
Price Eps Current Year 53.65432
Price Hint 2
Price To Book 1.9303544
Price To Sales Trailing12 Months 5.215213
Profit Margins 0.07734
Quick Ratio 1.407
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.40909
Region US
Regular Market Change 0.0799999
Regular Market Change Percent 0.369515
Regular Market Day High 22.005
Regular Market Day Low 21.57
Regular Market Day Range 21.57 - 22.005
Regular Market Open 21.73
Regular Market Previous Close 21.65
Regular Market Price 21.73
Regular Market Time 1,783,972,803
Regular Market Volume 4,727,193
Return On Assets 0.01498
Return On Equity 0.027999999
Revenue Growth 0.071
Revenue Per Share 4.133
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 8
Shares Outstanding 689,419,702
Shares Percent Shares Out 0.0394
Shares Short 27,142,563
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 27,785,848
Short Name Healthpeak Properties, Inc.
Short Percent Of Float 0.0512
Short Ratio 3.74
Source Interval 15
State CO
Symbol DOC
Target High Price 29.0
Target Low Price 17.0
Target Mean Price 21.92105
Target Median Price 21.0
Total Cash 1,177,075,968
Total Cash Per Share 1.707
Total Debt 10,712,860,672
Total Revenue 2,872,574,976
Tradeable 0
Trailing Annual Dividend Rate 1.22
Trailing Annual Dividend Yield 0.056351043
Trailing Eps 0.32
Trailing P E 67.90625
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.97995
Two Hundred Day Average Change 3.7500496
Two Hundred Day Average Change Percent 0.20856841
Type Disp Equity
Volume 4,727,193
Website https://www.healthpeak.com
Zip 80,237