Healthpeak Properties, Inc. (NYSE:PEAK) Given Average Recommendation of “Hold” by Analysts
From MarketBeat:
Healthpeak Properties, Inc. (NYSE:PEAK) received a consensus rating of “Hold” from the ten brokerages covering it, according to Marketbeat. Two analysts rated the stock as a sell, five as a hold, and three as a buy. The average 1-year price objective among analysts was $23.50.
Several large investors have increased or decreased their stakes in PEAK. 92.55% of the stock is currently owned by institutional investors and hedge funds, after several recent changes in ownership. CENTRAL TRUST Co, Orion Capital, Certified Advisory Corp, Sandy Spring Bank, and First Horizon Advisors all made sizeable moves.
PEAK stock, with a market cap of $10.96 billion, opened at $20.04 on Thursday. The company has a PE ratio of 45.55 and a price-to-earnings-growth ratio of 9.18. Healthpeak Properties had a return on equity of 3.38% and a net margin of 11.17%.
Healthpeak Properties last released its quarterly earnings results on Monday, October 30th, reporting $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32).
PEAK announced a quarterly dividend, which was paid on Monday, November 20th. The business also declared a $0.30 dividend, offering a dividend yield of 5.99%.
Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and is a former S&P 500 company. The company owns, operates, and develops high-quality real estate for healthcare discovery and delivery.
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