Last 7 days
0.1%
Last 30 days
-0.7%
Last 90 days
-18.9%
Trailing 12 Months
-20.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-28 | Lewis Sara Grootwassink | acquired | - | - | 8,193 | - |
2023-04-28 | Cartwright Brian G. | acquired | - | - | 8,193 | - |
2023-04-28 | Griffin R Kent Jr | acquired | - | - | 8,193 | - |
2023-04-28 | GARVEY CHRISTINE | acquired | - | - | 8,193 | - |
2023-04-28 | Sandstrom Katherine M | acquired | - | - | 8,193 | - |
2023-04-28 | Connor James B. | acquired | - | - | 8,193 | - |
2023-04-28 | HENRY DAVID | acquired | - | - | 8,193 | - |
2023-03-17 | Klaritch Thomas | gifted | - | - | -7,100 | coo |
2023-03-15 | Lewis Sara Grootwassink | bought | 85,728 | 21.4322 | 4,000 | - |
2023-03-07 | Klaritch Thomas | bought | 35,203 | 23.206 | 1,517 | coo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-18 | CAPE ANN SAVINGS BANK | reduced | -1.31 | -37,389 | 347,569 | 0.23% |
2023-09-12 | Farther Finance Advisors, LLC | added | 4.98 | -996 | 24,160 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 4,904 | 4,904 | -% |
2023-08-25 | Gould Capital, LLC | unchanged | - | -1,496 | 16,080 | 0.01% |
2023-08-24 | Alberta Investment Management Corp | sold off | -100 | -558,148 | - | -% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 19.04 | 57,828 | 651,828 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -99.01 | -2,502,370 | 22,814 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -19.62 | -399,987 | 1,111,330 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 1.54 | -1,350,690 | 17,655,600 | 0.03% |
2023-08-21 | BOKF, NA | reduced | -39.42 | -40,270 | 50,070 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | cohen & steers, inc. | 2.86% | 15,386,796 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 16.37% | 87,991,432 | SC 13G/A | |
Feb 03, 2023 | state street corp | 7.31% | 39,270,414 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 11.1% | 59,435,809 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 11.1% | 59,435,809 | SC 13G/A | |
Sep 12, 2022 | cohen & steers, inc. | 7.51% | 40,509,274 | SC 13G/A | |
Feb 14, 2022 | cohen & steers, inc. | 13.07% | 70,462,139 | SC 13G/A | |
Feb 11, 2022 | state street corp | 6.60% | 35,583,315 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 15.96% | 86,061,246 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 10.6% | 57,115,834 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 12, 2023 | 8-K | Current Report | |
Jul 28, 2023 | 10-Q | Quarterly Report | |
Jul 27, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 38.0B | 5.1B | 4.66% | 16.87% | 88.81 | 7.41 | 13.73% | -68.04% |
EQR | 23.5B | 2.0B | -2.80% | -13.36% | 28.23 | 11.66 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -2.88% | -24.35% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.5B | 1.8B | -3.14% | -11.36% | 28.33 | 6.52 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.9B | 1.1B | -0.05% | -2.78% | 20.26 | 7.09 | 8.31% | 38.10% |
KRG | 4.9B | 820.5M | 2.36% | 18.76% | 176.26 | 6.03 | 29.95% | 125.56% |
VNO | 4.8B | 1.8B | 19.34% | -3.76% | -12.9 | 2.63 | 5.60% | -286.96% |
MAC | 2.6B | 866.2M | 3.18% | 34.92% | -29.67 | 2.99 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.7B | 882.0M | 26.91% | -3.95% | -6.06 | 3.04 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.74% | 52.60% | 25.73 | 5.71 | 1.38% | 137.97% |
PGRE | 1.1B | 732.3M | 10.97% | -25.39% | -13.41 | 1.56 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -9.99% | -19.55% | -5.79 | 3.02 | 88.48% | -168.70% |
-1.9%
-3.5%
-1.8%
-6.4%
45.8%
38.5%
20.8%
Y-axis is the maximum loss one would have experienced if Healthpeak Properties was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.3% | 2,116 | 2,088 | 2,061 | 2,020 | 1,981 | 1,939 | 1,896 | 1,845 | 1,787 | 1,719 | 1,645 | 1,532 | 1,430 | 1,328 | 1,240 | 1,363 | 1,498 | 1,661 | 1,847 | 1,848 | 1,846 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 879 | - | - | - | 705 | - | - |
S&GA Expenses | 0.9% | 133 | 132 | 131 | 99.00 | 98.00 | 97.00 | 98.00 | 98.00 | 96.00 | 96.00 | 93.00 | 89.00 | 91.00 | 94.00 | 93.00 | 93.00 | 93.00 | 89.00 | 97.00 | 97.00 | 97.00 |
EBITDA | -100.0% | - | 1,462 | 1,391 | 1,393 | 1,091 | 1,177 | 971 | 786 | 725 | 524 | 721 | 910 | 928 | 971 | 916 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.70* | 0.67* | 0.69* | 0.55* | 0.61* | 0.51* | 0.43* | 0.41* | 0.28* | 0.36* | 0.43* | 0.41* | 0.45* | 0.46* | - | - | - | - | - | - |
Interest Expenses | 3.9% | 191 | 183 | 173 | 160 | 152 | 149 | 158 | 176 | 193 | 209 | 218 | 214 | 222 | 224 | 218 | 217 | 219 | 236 | 261 | 284 | 291 |
Earnings Before Taxes | -2.4% | 553 | 566 | 507 | 523 | 226 | 324 | 128 | 100 | 56.00 | -32.63 | 218 | 370 | 337 | 284 | 176 | 861 | 979 | 1,041 | 1,058 | 174 | 62.00 |
EBT Margin | -100.0% | - | 0.27* | 0.25* | 0.26* | 0.11* | 0.17* | 0.07* | 0.05* | 0.01* | -0.08* | -0.03* | 0.00* | 0.00* | 0.01* | 0.02* | - | - | - | - | - | - |
Net Income | -3.0% | 531 | 548 | 500 | 523 | 223 | 431 | 506 | 623 | 505 | 280 | 414 | 311 | 328 | 263 | 46.00 | 834 | 979 | 1,082 | 1,061 | 171 | 64.00 |
Net Income Margin | -100.0% | - | 0.26* | 0.24* | 0.26* | 0.11* | 0.22* | 0.27* | 0.34* | 0.28* | 0.15* | 0.20* | 0.15* | 0.15* | 0.12* | 0.02* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 880 | 900 | 917 | 885 | 867 | 795 | 790 | 798 | 786 | 758 | 757 | 785 | 783 | 846 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.0% | 15,604 | 15,602 | 15,771 | 15,662 | 15,318 | 15,287 | 15,258 | 14,744 | 14,332 | 15,194 | 15,920 | 15,752 | 16,316 | 16,073 | 14,033 | 14,010 | 13,713 | 12,900 | 12,719 | 13,084 | 13,451 |
Cash Equivalents | 75.2% | 104 | 59.00 | 72.00 | 112 | 73.00 | 89.00 | 158 | 201 | 97.00 | 34.00 | 44.00 | 140 | 672 | 717 | 80.00 | 125 | 131 | 120 | 54.00 | 79.00 | 91.00 |
Liabilities | 1.2% | 8,478 | 8,379 | 8,483 | 8,536 | 8,362 | 8,242 | 8,111 | 7,405 | 6,899 | 7,877 | 8,573 | 8,346 | 8,648 | 8,259 | 7,365 | 7,487 | 7,094 | 6,500 | 6,206 | 7,444 | 8,035 |
Shareholder's Equity | -8.4% | 6,535 | 7,138 | 6,655 | 6,467 | 6,840 | 6,948 | 7,059 | 7,219 | 7,351 | 7,241 | 7,290 | 7,362 | 7,637 | 7,813 | 6,659 | 6,523 | 6,619 | 6,399 | 6,513 | 5,640 | 5,417 |
Additional Paid-In Capital | 0.2% | 10,385 | 10,360 | 10,350 | 10,015 | 10,074 | 10,085 | 10,100 | 10,122 | 10,230 | 10,224 | 10,175 | 10,228 | 10,223 | 10,213 | 9,184 | 8,905 | 8,801 | 8,405 | 8,399 | 8,190 | 8,187 |
Shares Outstanding | 0.0% | 547 | 547 | 547 | 538 | 540 | 539 | 539 | 539 | 539 | 539 | 538 | 538 | 538 | 506 | 505 | 491 | 479 | 478 | 477 | 470 | 470 |
Minority Interest | -0.2% | 527 | 528 | 528 | 532 | 535 | 539 | 543 | 548 | 549 | 552 | 556 | 566 | 570 | 577 | 582 | 590 | 565 | 562 | 568 | 569 | 273 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 4.8% | 922 | 880 | 900 | 917 | 885 | 867 | 795 | 790 | 798 | 786 | 758 | 757 | 785 | 783 | 846 | 844 | 790 | 811 | 849 | 842 | 855 |
Share Based Compensation | -4.2% | 24.00 | 25.00 | 26.00 | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 19.00 | 18.00 | 18.00 | 17.00 | 15.00 | 17.00 | 16.00 | 17.00 |
Cashflow From Investing | 3.5% | -553 | -574 | -876 | -1,250 | -1,642 | -482 | 531 | 962 | 1,240 | -88.96 | -1,007 | -773 | -895 | -1,439 | -1,448 | -429 | 249 | 1,658 | 1,829 | 323 | -238 |
Cashflow From Financing | -1.8% | -343 | -337 | -116 | 234 | 649 | -382 | -1,288 | -1,783 | -2,630 | -1,439 | 246 | 161 | 790 | 1,400 | 647 | -368 | -1,004 | -2,440 | -2,620 | -1,217 | -948 |
Dividend Payments | 0.3% | 652 | 650 | 648 | 649 | 649 | 649 | 650 | 688 | 725 | 763 | 787 | 771 | 754 | 731 | 720 | 711 | 703 | 700 | 697 | 697 | 696 |
Buy Backs | -0.4% | 63.00 | 63.00 | 68.00 | 68.00 | 12.00 | 12.00 | 13.00 | 13.00 | 13.00 | 13.00 | 11.00 | 10.00 | 10.00 | 12.00 | 5.00 | 5.00 | 5.00 | 4.00 | 3.00 | 4.00 | 3.00 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues [Abstract] | ||||
Rental and related revenues | $ 409,967 | $ 387,079 | $ 802,398 | $ 757,229 |
Resident fees and services | 130,184 | 125,360 | 257,268 | 246,920 |
Interest income | 5,279 | 5,493 | 11,442 | 10,987 |
Income from direct financing leases | 0 | 0 | 0 | 1,168 |
Total revenues | 545,430 | 517,932 | 1,071,108 | 1,016,304 |
Costs and expenses: | ||||
Interest expense | 49,074 | 41,867 | 97,037 | 79,453 |
Depreciation and amortization | 197,573 | 180,489 | 376,798 | 358,222 |
Operating | 221,837 | 215,044 | 444,925 | 422,291 |
General and administrative | 25,936 | 24,781 | 50,483 | 48,612 |
Transaction costs | 637 | 612 | 3,062 | 908 |
Impairments and loan loss reserves (recoveries), net | 2,607 | 139 | 394 | 271 |
Total costs and expenses | 497,664 | 462,932 | 972,699 | 909,757 |
Other income (expense): | ||||
Gain (loss) on sales of real estate, net | 4,885 | 10,340 | 86,463 | 14,196 |
Other income (expense), net | 1,955 | 2,861 | 2,727 | 21,177 |
Total other income (expense), net | 6,840 | 13,201 | 89,190 | 35,373 |
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures | 54,606 | 68,201 | 187,599 | 141,920 |
Income tax benefit (expense) | (1,136) | 718 | (1,438) | (59) |
Equity income (loss) from unconsolidated joint ventures | 2,729 | 382 | 4,545 | 2,466 |
Income (loss) from continuing operations | 56,199 | 69,301 | 190,706 | 144,327 |
Income (loss) from discontinued operations | 0 | 2,992 | 0 | 3,309 |
Net income (loss) | 56,199 | 72,293 | 190,706 | 147,636 |
Noncontrolling interests’ share in continuing operations | (4,300) | (3,955) | (19,855) | (7,685) |
Net income (loss) attributable to Healthpeak Properties, Inc. | 51,899 | 68,338 | 170,851 | 139,951 |
Participating securities’ share in earnings | (149) | (281) | (1,402) | (2,258) |
Net income (loss) applicable to common shares | $ 51,750 | $ 68,057 | $ 169,449 | $ 137,693 |
Earnings Per Share [Abstract] | ||||
Continuing operations (in dollars per share) | $ 0.09 | $ 0.12 | $ 0.31 | $ 0.25 |
Discontinued operations (in dollars per share) | 0 | 0.01 | 0 | 0.01 |
Net income (loss) applicable to common shares (in dollars per share) | 0.09 | 0.13 | 0.31 | 0.26 |
Diluted earnings (loss) per common share: | ||||
Continuing operations (in dollars per share) | 0.09 | 0.12 | 0.31 | 0.25 |
Discontinued operations (in dollars per share) | 0 | 0.01 | 0 | 0.01 |
Net income (loss) applicable to common shares (in dollars per share) | $ 0.09 | $ 0.13 | $ 0.31 | $ 0.26 |
Weighted average shares outstanding: | ||||
Basic (in shares) | 547,026 | 539,558 | 546,936 | 539,456 |
Diluted (in shares) | 547,294 | 539,815 | 547,204 | 539,701 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate: | ||
Buildings and improvements | $ 13,039,278 | $ 12,784,078 |
Development costs and construction in progress | 775,836 | 760,355 |
Land | 2,661,963 | 2,667,188 |
Accumulated depreciation and amortization | (3,379,874) | (3,188,138) |
Net real estate | 13,097,203 | 13,023,483 |
Loans receivable, net of reserves of $8,366 and $8,280 | 214,030 | 374,832 |
Investments in and advances to unconsolidated joint ventures | 731,956 | 706,677 |
Accounts receivable, net of allowance of $2,387 and $2,399 | 53,467 | 53,436 |
Cash and cash equivalents | 103,780 | 72,032 |
Restricted cash | 56,745 | 54,802 |
Intangible assets, net | 364,453 | 418,061 |
Assets held for sale, net | 8,282 | 49,866 |
Right-of-use asset, net | 234,050 | 237,318 |
Other assets, net | 739,574 | 780,722 |
Total assets | 15,603,540 | 15,771,229 |
LIABILITIES AND EQUITY | ||
Bank line of credit and commercial paper | 329,000 | 995,606 |
Term loans | 496,382 | 495,957 |
Senior unsecured notes | 5,399,504 | 4,659,451 |
Mortgage debt | 343,766 | 346,599 |
Intangible liabilities, net | 140,060 | 156,193 |
Liabilities related to assets held for sale, net | 52 | 4,070 |
Lease liability | 204,489 | 208,515 |
Accounts payable, accrued liabilities, and other liabilities | 682,764 | 772,485 |
Deferred revenue | 881,870 | 844,076 |
Total liabilities | 8,477,887 | 8,482,952 |
Commitments and contingencies (Note 10) | ||
Redeemable noncontrolling interests | 63,792 | 105,679 |
Common stock, $1.00 par value: 750,000,000 shares authorized; 547,052,994 and 546,641,973 shares issued and outstanding | 547,053 | 546,642 |
Additional paid-in capital | 10,384,982 | 10,349,614 |
Cumulative dividends in excess of earnings | (4,428,423) | (4,269,689) |
Accumulated other comprehensive income (loss) | 31,453 | 28,134 |
Total stockholders’ equity | 6,535,065 | 6,654,701 |
Joint venture partners | 316,247 | 327,721 |
Non-managing member unitholders | 210,549 | 200,176 |
Total noncontrolling interests | 526,796 | 527,897 |
Total equity | 7,061,861 | 7,182,598 |
Total liabilities and equity | $ 15,603,540 | $ 15,771,229 |