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Healthpeak Properties, Inc. (DOC)

Real Estate BalancedS&P 500

Healthpeak Properties is a real estate investment trust that owns and manages medical offices and life science buildings across the United States.

$20.30

Is Healthpeak Properties, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Specialised focus on essential healthcare infrastructure. Worth weighing: High price-to-earnings ratio suggests a premium valuation.

No rating · no target price · nothing for sale here
Price-5.7%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+27% past year
$20.30
Low $15.70High $22.95
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
78.1now
63.5423.0

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
6.8%now
-16.6%25.7%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Healthpeak Properties, Inc. do?

Think of Healthpeak as a landlord for the healthcare industry, providing the physical space where doctors, researchers, and scientists do their work. Rent collected from these tenants is the source of earnings, which then flows to shareholders as dividends. What really matters here is how full they keep their buildings and whether they can keep growing their portfolio in a high-interest-rate environment.

On our factor screen it looks strongest on growth and momentum, and weakest on quality.

Quick checks

Does Healthpeak Properties, Inc. pay a dividend?

Yes - Healthpeak Properties, Inc. currently pays a dividend of about 5.8% a year, which is £58 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about Healthpeak Properties, Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield5.8%£58 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio349%about 349 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover0.3×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 20 Jul 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

What do Healthpeak Properties, Inc.'s numbers mean?

P/E
58.60
This shows how much you are paying for every pound of the company's profit, with a higher number suggesting investors are paying a premium for future growth.
Higher than most of the 46 Real Estate shares we cover
Dividend yield
5.8%
This is the annual cash payout to shareholders as a percentage of the share price, which is a common feature for property-focused companies.
Higher than most of the 50 Real Estate shares we cover
Gross margin
57.6%
This represents the percentage of revenue left over after paying the direct costs of running the properties, showing how efficient they are at managing their buildings.
Lower than most of the 50 Real Estate shares we cover
Earnings growth
68.2%
This massive jump in profit compared to last year highlights a significant recovery or one-off gain in their bottom line.
Higher than most of the 42 Real Estate shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Healthpeak Properties, Inc.
$943-6%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Healthpeak Properties, Inc. actually fallen?

−32%

Over the last 2 years of daily prices, Healthpeak Properties, Inc. fell as much as −32% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-28%
2023-16%
2024+9%
2025-15%
2026 so far+33%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$14.54B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
7.68M
Day range: The lowest and highest price the shares traded at during the latest day.
$20.21 – $20.54
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$15.70 – $22.95
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
58.6
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
5.8%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.00

Does the share price tell you if it's cheap or expensive?

One share costs$20.30
Number of shares716 million
So the whole company is worth$14.54bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.00
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -3% past week · ▲ +27% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Healthpeak Properties, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$192.89M$385.79M$578.68M$771.58MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
57.6%
Net margin
8.2%
Return on equity
3.0%

Where does each £100 of Healthpeak Properties, Inc.'s sales go?

Making the product or service £42Running costs, tax and interest £50Left as profit £8

A rough split of the latest full-year figures: of every £100 of sales, about £42 covers making the product or service, £50 goes on running costs, tax and interest, and about £8 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does Healthpeak Properties, Inc. report earnings, and how did recent quarters go?

Healthpeak Properties, Inc. is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Healthpeak Properties, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-05$0.06$0.28Beat +363%
2026-02-02$0.06$0.10Beat +59%
2025-10-23$0.06$-0.18Missed -403%
2025-07-24$0.06$0.06Beat +12%
2025-04-24$0.05$0.06Beat +41%
2025-02-03$0.05$0.05Missed -5%

Across the last 6 quarters here, Healthpeak Properties, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Healthpeak Properties, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Strong demand for medical office space
Base
-2% to +2%Stable rental income and steady occupancy
Bear
-5% to -10%Rising interest rates increasing borrowing costs

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Aging population driving long-term demand for healthcare facilities

The bear case

Structural changes in how healthcare services are delivered

What are the pros and cons of Healthpeak Properties, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Specialised focus on essential healthcare infrastructure
  • Attractive dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. for income-focused portfolios
  • Strong gross margins indicating efficient property management
The catch3
  • High price-to-earnings ratio suggests a premium valuation
  • Low return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. compared to other sectors
  • Sensitivity to interest rate changes which affect property values
Key risks3
  • Tenants struggling to pay rent during economic downturns
  • High debt levels often associated with property companies
  • Changes in healthcare funding or government policy
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained drop in occupancy rates across their properties
  • A significant cut to the dividend payout

Common questions about Healthpeak Properties, Inc.

Does Healthpeak Properties, Inc. pay a dividend?

Yes - Healthpeak Properties, Inc. currently pays a dividend of about 5.8% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does Healthpeak Properties, Inc. report earnings next?

Healthpeak Properties, Inc. is next scheduled to report results on about 2026-10-22. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.