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PEAK

25.35USD-0.46(-1.78%)Market Closed

Healthpeak Properties Inc

Market Summary

USD25.35-0.46Market Closed
-1.78%

PEAK Alerts

PEAK Stock Price

RSI Chart

Valuation

Market Cap

12.8B

Price/Earnings

57.41

Price/Sales

6.47

Price/Cashflow

14.49

MarketCap/EBT

56.81

Price/Sales

Profitability

EBT Margin

11.40%

Return on Equity

3.54%

Return on Assets

1.46%

Fundamentals

Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

8.09%

Revenue Q/Q

0.48%

Earnings

Earnings (TTM)

522.7M

Earnings Y/Y

546.98%

Earnings Q/Q

417.97%

Price Action

52 Week Range

21.1435.32
(Low)(High)

Last 7 days

0.7%

Last 30 days

7.5%

Last 90 days

-2.4%

Trailing 12 Months

-21.0%

Financial Health

Debt/Equity

1.02

Debt/Cashflow

0.14

Investor Care

Dividend Yield

5.05%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

0.28%

Diluted EPS (TTM)

0.96

Peers (Alternatives to Healthpeak Properties)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
3.8B
4.05% -9.82%
24.01
14.3
23.77% 170.44%
36.1B
4.8B
2.33% -19.47%
14.04
7.05
25.38% 41.97%
29.1B
4.5B
11.66% -32.89%
21.77
6.46
5.62% 106.20%
23.9B
-
0.40% -26.92%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
0.72% -26.09%
20.74
8.86
60.22% 8.14%
13.1B
1.7B
3.13% -3.30%
50.71
7.62
40.37% -73.28%
MID-CAP
7.3B
1.0B
1.56% -14.60%
26.1
7.17
14.39% 59.45%
4.6B
-
-4.84% -43.84%
22.95
13.26
-77.01% 441.99%
4.3B
760.3M
4.55% 7.71%
-39.09
6.74
172.75% -1136.68%
2.5B
720.0M
-8.04% -48.19%
8.02
3.21
-28.02% -109.68%
2.4B
861.8M
3.76% -30.83%
63.8
2.74
9.59% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
1.02% -4.14%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-14.57% -34.08%
538.82
1.96
2.16% 107.41%
1.2B
195.1M
7.32% 4.54%
5
3.44
20.60% 695.00%

Financials for Healthpeak Properties

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.0%2,0201,9811,9391,8961,845
Operating Expenses2.2%842824799773758
  S&GA Expenses1.3%9998979898
Earnings Before Taxes131.8%523226324128100
Net Income133.9%523223431506623
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.2%15,66215,31815,28715,25814,744
    Cash Equivalents54.0%1127389158201
  GoodwillInfinity%18----
Liabilities2.1%8,5368,3628,2428,1117,405
  Long Term Debt2.1%6,5916,4546,3366,1705,538
Shareholder's Equity2.6%6,4676,3056,4086,5156,670
  Additional Paid-In Capital-0.6%10,01510,07410,08510,10010,122
Shares Outstanding-0.4%538540540539539
Minority Interest-0.6%532535539543548
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations3.6%917885867795790
  Share Based Compensation0.9%1919191818
Cashflow From Investing23.8%-1,250.76-1,642.40-482.66531962
Cashflow From Financing-63.9%234649-382.91-1,288.52-1,783.23
  Dividend Payments0.0%649649649650688
  Buy Backs467.2%6812121313

Risks

What is the probability of a big loss on PEAK?

45.8%


Probability that Healthpeak Properties stock will be more than 20% underwater in next one year

35.4%


Probability that Healthpeak Properties stock will be more than 30% underwater in next one year.

18.5%


Probability that Healthpeak Properties stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PEAK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Healthpeak Properties was unfortunately bought at previous high price.

Returns

Cumulative Returns on PEAK

0.3%


10-Year Cumulative Returns

1.3%


7-Year Cumulative Returns

4.0%


5-Year Cumulative Returns

-5.1%


3-Year Cumulative Returns

What are the long-term rolling returns for PEAK?

FIve years rolling returns for Healthpeak Properties.

Which funds bought or sold PEAK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
7,000
297,000
0.30%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-3,000
18,000
0.02%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-36
1,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
970,000
970,000
0.03%
2022-11-22
CVA Family Office, LLC
-
-
-
15,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,127,000
1,127,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-2,919,000
20,081,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
98,000
98,000
-%
2022-11-18
National Pension Service
ADDED
3.2
-2,002,000
17,893,000
0.04%
2022-11-17
M&T Bank Corp
-
-
-217,000
1,861,000
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying PEAK calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PEAK

Healthpeak Properties News

MarketWatch

Welltower Inc. stock underperforms Wednesday when compared to competitors.95 minutes ago

PEAK Fair Value

Recent SEC filings of Healthpeak Properties

View All Filings
Date Filed Form Type Document
Nov 17, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 07, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report
Oct 17, 2022
3
Insider Trading
Oct 06, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for PEAK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
GARVEY CHRISTINE
SOLD
-46,062.9
24.765
-1,860
-
2022-11-05
Miller Jeffrey H
SOLD FOR TAXES
-78,176.6
24.01
-3,256
General Counsel
2022-05-15
Scott Peter A
SOLD (Taxes)
-244,189
30.08
-8,118
CFO
2022-05-04
GARVEY CHRISTINE
GIFTED
-
-
-152
-
2022-04-28
HENRY DAVID
ACQUIRED
-
-
5,258
-
2022-04-28
Sandstrom Katherine M
ACQUIRED
-
-
5,258
-
2022-04-28
KENNARD LYDIA H
ACQUIRED
-
-
5,258
-
2022-04-28
Lewis Sara Grootwassink
ACQUIRED
-
-
5,258
-
2022-04-28
Cartwright Brian G.
ACQUIRED
-
-
5,258
-
2022-04-28
Griffin R Kent Jr
ACQUIRED
-
-
5,258
-

1–10 of 50

Thomas M. Herzog
200
Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term growth.

PEAK Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Rental and related revenues$ 392,301$ 353,516$ 1,149,530$ 1,022,130
Resident fees and services122,142119,022369,062352,458
Income from direct financing leases02,1791,1686,522
Interest income5,9636,74816,95031,869
Total revenues520,406481,4651,536,7101,412,979
Costs and expenses:    
Interest expense44,07835,905123,531121,429
Depreciation and amortization173,190177,175531,412506,172
Operating220,208202,139642,499574,032
General and administrative24,54923,27073,16172,260
Transaction costs72801,6361,417
Impairments and loan loss reserves (recoveries), net3,4072853,6784,458
Total costs and expenses466,160438,7741,375,9171,279,768
Other income (expense):    
Gain (loss) on sales of real estate, net(4,149)14,63510,047189,873
Gain (loss) on debt extinguishments0(667)0(225,824)
Other income (expense), net305,6781,670326,8555,604
Total other income (expense), net301,52915,638336,902(30,347)
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures355,77558,329497,695102,864
Income tax benefit (expense)3,8346493,7751,404
Equity income (loss) from unconsolidated joint ventures(325)2,3272,1414,517
Income (loss) from continuing operations359,28461,305503,611108,785
Income (loss) from discontinued operations(1,298)6012,011384,569
Net income (loss)357,98661,906505,622493,354
Noncontrolling interests’ share in continuing operations(4,016)(7,195)(11,701)(14,036)
Noncontrolling interests’ share in discontinued operations000(2,539)
Net income (loss) attributable to Healthpeak Properties, Inc.353,97054,711493,921476,779
Participating securities’ share in earnings(604)(269)(2,523)(3,001)
Net income (loss) applicable to common shares$ 353,366$ 54,442$ 491,398$ 473,778
Basic earnings (loss) per common share:    
Continuing operations (in dollars per share)$ 0.66$ 0.10$ 0.91$ 0.17
Discontinued operations (in dollars per share)0.000.000.000.71
Net income (loss) applicable to common shares (in dollars per share)0.660.100.910.88
Diluted earnings (loss) per common share:    
Continuing operations (in dollars per share)0.650.100.910.17
Discontinued operations (in dollars per share)0.000.000.000.71
Net income (loss) applicable to common shares (in dollars per share)$ 0.65$ 0.10$ 0.91$ 0.88
Weighted average shares outstanding:    
Basic (in shares)538,417539,021539,105538,879
Diluted (in shares)546,015539,388544,852539,159

PEAK Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate:  
Buildings and improvements$ 12,633,935$ 12,025,271
Development costs and construction in progress744,711877,423
Land2,647,4302,603,964
Accumulated depreciation and amortization(3,148,019)(2,839,229)
Net real estate12,878,05712,667,429
Net investment in direct financing leases044,706
Loans receivable, net of reserves of $5,115 and $1,813383,991415,811
Investments in and advances to unconsolidated joint ventures698,903403,634
Accounts receivable, net of allowance of $2,521 and $1,87053,96448,691
Cash and cash equivalents112,452158,287
Restricted cash54,50053,454
Intangible assets, net444,215519,760
Assets held for sale and discontinued operations, net51,49537,190
Right-of-use asset, net232,155233,942
Other assets, net752,224674,615
Total assets15,661,95615,257,519
LIABILITIES AND EQUITY  
Bank line of credit and commercial paper1,585,3331,165,975
Senior unsecured notes4,657,6514,651,933
Mortgage debt347,987352,081
Intangible liabilities, net162,874177,232
Liabilities related to assets held for sale and discontinued operations, net12,83115,056
Lease liability200,813204,547
Accounts payable, accrued liabilities, and other liabilities732,895755,384
Deferred revenue835,223789,207
Total liabilities8,535,6078,111,415
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests127,58387,344
Common stock, $1.00 par value: 750,000,000 shares authorized; 537,533,719 and 539,096,879 shares issued and outstanding537,534539,097
Additional paid-in capital10,014,70710,100,294
Cumulative dividends in excess of earnings(4,114,806)(4,120,774)
Accumulated other comprehensive income (loss)29,526(3,147)
Total stockholders’ equity6,466,9616,515,470
Joint venture partners330,749342,234
Non-managing member unitholders201,056201,056
Total noncontrolling interests531,805543,290
Total equity6,998,7667,058,760
Total liabilities and equity$ 15,661,956$ 15,257,519