Healthpeak Properties (DOC) Stock Forecast & Price Target

DOC price $18.91 +0.36 +1.97%

Ticker
DOC
Price
$18.91
Change
+0.36 +1.97%
Market cap ?
$13.04B
P/E ?
53.00
Forward P/E ?
40.98
Dividend yield ?
6.58%
Beta ?
0.99
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Stocklytics score
48
Value
50
Quality
48
Growth
46

Stocklytics score rationale: value 50, quality 48, growth 46.

Financials

2016201720182019202020212022202320242025
2129294000184837800011913200001240339000164487500018961840002061178000218100300027004490002822512000

Healthpeak Properties, Inc. is an S&P 500 constituent operating as a fully integrated real estate investment trust (REIT). The firm is dedicated to the acquisition, management, and development of premier properties essential for both medical research and the provision of healthcare services.

Fair value

DOC fair value $9.95. Price $18.91. Price is 90% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 72% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Average free cash flow, last three years 1.09B. Growth 6.66%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.73% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 689.53M. Net debt 9.90B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare DOC

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-02—0.06—739.18M
2026-08-040.080.03749.81M725.64M
2026-05-050.280.05738.78M694.59M
2026-02-020.160.45704.78M691.65M
2025-10-23-0.170.06690.34M686.88M
2025-07-240.050.06678.54M689.32M
2025-04-240.060.05702.89M683.23M
2025-02-030.010.05697.99M688.87M
2024-10-240.120.07700.40M682.51M
2024-07-250.210.10695.50M665.11M
2024-04-250.010.44606.56M589.28M
2024-02-080.130.10553.65M553.77M
2023-10-300.120.08556.24M543.57M
2023-07-270.090.11545.43M535.67M
2023-05-040.220.08525.68M519.95M
2023-02-070.010.43524.47M519.75M
2022-11-010.650.09520.41M515.90M
2022-08-020.130.10517.93M484.91M
2022-05-030.130.09498.37M488.22M
2022-02-080.120.07116.12M117.50M
2021-11-020.100.10481.46M116.61M
2021-08-030.400.39476.24M112.92M
2021-05-040.400.39455.28M111.89M
2021-02-090.410.40-126.45M111.68M
2020-11-020.070.39423.56M123.26M
2020-08-040.090.07408.56M84.83M
2020-05-050.450.10381.05M107.43M
2020-02-110.220.09531.69M43.94M
2019-10-300.080.07537.97M94.14M
2019-07-310.040.13491.57M166.08M
2019-05-010.130.43436.15M441.98M
2019-02-130.430.08441.92M122.86M
2018-10-310.210.10456.02M87.52M
2018-08-020.190.08469.55M124.83M
2018-05-030.080.08479.20M122.73M
2018-02-130.050.11443.26M155.68M
2017-11-020.070.07454.02M93.00M
2017-08-010.060.04458.93M51.07M
2017-05-020.510.13492.17M172.57M
2017-02-130.590.13172.24M122.83M

Dividends

Yield 6.45%. Payout ratio 3.33%. Frequency Monthly.

Safety score 76/100 · Safe. Payout ratio is 3% of earnings. Dividends use most of free cash flow. Dividends were paid in 42 separate years. Yield is 6.5%, which is on the high side.

Ex-dateDividendRecordPaymentFrequency
2026-12-18$0.102026-12-182026-12-30Monthly
2026-11-13$0.102026-11-132026-11-25Monthly
2026-10-19$0.102026-10-192026-10-30Monthly
2026-09-14$0.102026-09-142026-09-25Monthly
2026-08-17$0.102026-08-172026-08-28Monthly
2026-07-20$0.102026-07-202026-07-31Monthly
2026-06-15$0.102026-06-152026-06-26Monthly
2026-05-18$0.102026-05-182026-05-29Monthly
2026-04-17$0.102026-04-172026-04-30Monthly
2026-03-17$0.102026-03-172026-03-31Monthly
2026-02-13$0.102026-02-132026-02-27Monthly
2026-01-16$0.102026-01-162026-01-30Monthly
2025-12-19$0.102025-12-192025-12-30Monthly
2025-11-14$0.102025-11-142025-11-26Monthly
2025-10-17$0.102025-10-172025-10-30Monthly
2025-09-19$0.102025-09-192025-09-30Monthly
2025-08-18$0.102025-08-182025-08-29Monthly
2025-07-18$0.102025-07-182025-07-31Monthly
2025-06-16$0.102025-06-162025-06-27Monthly
2025-05-19$0.102025-05-192025-05-30Monthly
2025-04-17$0.102025-04-182025-04-30Irregular
2025-02-14$0.302025-02-142025-02-26Quarterly
2024-11-04$0.302024-11-042024-11-15Quarterly
2024-08-05$0.302024-08-052024-08-16Quarterly
2024-05-03$0.302024-05-062024-05-17Quarterly
2024-02-13$0.302024-02-142024-02-26Irregular
2024-01-02$0.232024-01-032024-01-18Irregular
2023-11-06$0.302023-11-072023-11-20Monthly
2023-10-02$0.232023-10-032023-10-17Irregular
2023-08-04$0.302023-08-072023-08-18Monthly
2023-07-03$0.232023-07-052023-07-18Irregular
2023-05-05$0.302023-05-082023-05-19Monthly
2023-04-03$0.232023-04-042023-04-18Irregular
2023-02-08$0.302023-02-092023-02-23Monthly
2023-01-03$0.232023-01-042023-01-18Irregular
2022-11-04$0.302022-11-072022-11-18Monthly
2022-10-03$0.232022-10-042022-10-14Irregular
2022-08-05$0.302022-08-082022-08-19Monthly
2022-07-01$0.232022-07-052022-07-19Irregular
2022-05-06$0.302022-05-092022-05-20Monthly
2022-03-30$0.232022-03-312022-04-14Irregular
2022-02-10$0.302022-02-112022-02-22Monthly
2022-01-03$0.232022-01-042022-01-18Irregular
2021-11-05$0.302021-11-082021-11-19Monthly
2021-10-01$0.232021-10-042021-10-15Irregular
2021-08-06$0.302021-08-092021-08-20Monthly
2021-07-01$0.232021-07-022021-07-16Irregular
2021-05-07$0.302021-05-102021-05-21Monthly
2021-03-31$0.232021-04-022021-04-16Monthly
2021-02-19$0.302021-02-222021-03-05Irregular
2021-01-04$0.232021-01-052021-01-20Irregular
2020-11-10$0.372020-11-122020-11-23Monthly
2020-10-01$0.232020-10-022020-10-16Irregular
2020-08-13$0.372020-08-142020-08-25Irregular
2020-07-01$0.232020-07-022020-07-17Irregular
2020-05-07$0.372020-05-082020-05-19Monthly
2020-04-01$0.232020-04-022020-04-16Irregular
2020-02-14$0.372020-02-182020-02-28Irregular
2020-01-02$0.232020-01-032020-01-17Irregular
2019-11-01$0.372019-11-042019-11-19Monthly
2019-10-02$0.232019-10-032019-10-18Irregular
2019-08-02$0.372019-08-052019-08-20Monthly
2019-07-02$0.232019-07-032019-07-18Irregular
2019-05-03$0.372019-05-062019-05-21Monthly
2019-04-02$0.232019-04-032019-04-18Monthly
2019-02-15$0.372019-02-192019-02-28Irregular
2019-01-03$0.232019-01-042019-01-18Irregular
2018-11-02$0.372018-11-052018-11-20Monthly
2018-10-02$0.232018-10-032018-10-18Irregular
2018-08-03$0.372018-08-062018-08-21Monthly
2018-07-02$0.232018-07-032018-07-18Irregular
2018-05-04$0.372018-05-072018-05-22Monthly
2018-04-02$0.232018-04-032018-04-18Monthly
2018-02-14$0.372018-02-152018-03-02Irregular
2018-01-02$0.232018-01-032018-01-18Irregular
2017-11-03$0.372017-11-062017-11-21Monthly
2017-10-02$0.232017-10-032017-10-18Irregular
2017-08-03$0.372017-08-072017-08-22Monthly
2017-06-29$0.232017-07-032017-07-18Irregular
2017-05-04$0.372017-05-082017-05-23Monthly

Insider trades

DateInsiderActionSharesPriceValue
2026-05-29Thomas John TBuy1.39K$15.4621.41K
2026-05-29Thomas John TSell78$19.151.49K
2026-05-29Patadia Ankit B.Buy1.36K$15.4621.00K
2026-05-29Patadia Ankit B.Sell94$19.151.80K
2026-05-29Moses Kelvin OBuy937$15.4614.49K
2026-05-29Moses Kelvin OSell65$19.151.24K
2026-05-29Mabry Adam GBuy625$15.469.66K
2026-05-29Mabry Adam GSell43$19.15823
2026-05-29Johnston Shawn GBuy1.36K$15.4621.00K
2026-05-29Johnston Shawn GSell76$19.151.46K
2026-05-29Brinker Scott MBuy1.35K$15.4620.83K
2026-05-29Brinker Scott MSell114$19.152.18K
2026-05-14Brinker Scott MSell60.19K——
2026-05-14Brinker Scott MBuy60.19K——
2026-05-12Bohn Scott RSell10.99K$19.45213.74K
2026-05-06Griffin R Kent JrBuy9.74K——
2026-05-06Weiss Richard A.Buy9.74K——
2026-05-06Lias-Booker AvaBuy9.74K——
2026-05-06Lewis Sara GrootwassinkBuy9.74K——
2026-05-06Connor James B.Buy9.74K——
2026-05-06Cartwright Brian G.Buy9.74K——
2026-05-06Sandstrom Katherine MBuy9.74K——
2026-02-16Alonso Lisa ASell808$16.7013.49K
2026-02-15Alonso Lisa ASell495$16.708.27K
2026-02-07Thomas John TSell6.45K$16.85108.75K
2026-02-07Alonso Lisa ASell657$16.8511.07K
2026-02-06Thomas John TBuy23.74K——
2026-01-28Porter Tracy ABuy36.77K——
2026-01-28Porter Tracy ABuy11.26K——
2026-01-28Patadia Ankit B.Buy15.82K——
2026-01-28Patadia Ankit B.Buy1.08K——
2026-01-28Moses Kelvin OBuy36.77K——
2026-01-28Moses Kelvin OBuy33.46K——
2026-01-28Mabry Adam GBuy31.57K——
2026-01-28Mabry Adam GBuy2.16K——
2026-01-28Johnston Shawn GBuy15.46K——
2026-01-28Johnston Shawn GBuy1.20K——
2026-01-28Brinker Scott MBuy152.07K——
2026-01-28Brinker Scott MBuy14.13K——
2026-01-28Bohn Scott RBuy28.20K——
2026-01-28Bohn Scott RBuy2.40K——
2026-01-28Alonso Lisa ABuy3.83K——
2026-01-28Alonso Lisa ASell252$17.714.46K
2026-01-28Alonso Lisa ABuy456——
2025-11-28Thomas John TBuy1.45K$14.8021.43K
2025-11-28Thomas John TSell81$18.261.48K
2025-11-28Alonso Lisa ABuy338$14.805.00K
2025-11-28Alonso Lisa ASell23$18.26420
2025-11-28Johnston Shawn GBuy1.69K$14.8024.99K
2025-11-28Johnston Shawn GSell92$18.261.68K
2025-11-28Patadia Ankit B.Buy1.69K$14.8024.99K
2025-11-28Patadia Ankit B.Sell115$18.262.10K
2025-11-28Mabry Adam GBuy844$14.8012.49K
2025-11-28Mabry Adam GSell58$18.261.06K
2025-11-28Moses Kelvin OBuy810$14.8011.99K
2025-11-28Moses Kelvin OSell55$18.261.00K
2025-11-28Brinker Scott MBuy1.69K$14.8024.99K
2025-11-28Brinker Scott MSell140$18.262.56K
2025-08-06Thomas John TBuy1.45K$17.0524.73K
2025-08-04Brinker Scott MBuy1.49K$16.8325.08K
2025-07-31Brinker Scott MBuy2.93K$17.0649.99K
2025-07-28Thomas John TSell5.00K——
2025-07-28Brinker Scott MBuy2.87K$17.4049.99K
2025-06-04Brinker Scott MSell64.09K——
2025-06-04Brinker Scott MBuy64.09K——
2025-05-28Thompson Tommy GBuy5.78K$17.2799.77K
2025-05-09Thompson Tommy GBuy5.70K$17.3698.97K
2025-05-09Brinker Scott MBuy2.75K$17.3947.82K
2025-04-29Lias-Booker AvaBuy5.00K$17.8389.15K
2025-04-28Thomas John TBuy4.20K$17.8474.93K
2025-04-28Sandstrom Katherine MBuy11.29K$17.65199.23K
2025-04-28Lewis Sara GrootwassinkBuy6.00K$17.66105.94K
2025-04-28SHELLEY-KESSLER PAMELABuy1.42K$17.6224.99K
2025-04-28SHELLEY-KESSLER PAMELABuy1.42K$17.6125.00K
2025-04-28Brinker Scott MBuy11.34K$17.68200.44K
2025-04-25Weiss Richard A.Buy10.66K——
2025-04-25Thompson Tommy GBuy10.66K——
2025-04-25SHELLEY-KESSLER PAMELABuy10.66K——
2025-04-25Sandstrom Katherine MBuy10.66K——
2025-04-25Lias-Booker AvaBuy10.66K——
2025-04-25Lewis Sara GrootwassinkBuy10.66K——
2025-04-25Griffin R Kent JrBuy10.66K——
2025-04-25Connor James B.Buy10.66K——
2025-04-25Cartwright Brian G.Buy10.66K——
2025-04-03Thomas John TSell6.72K$20.06134.76K
2025-03-01Porter Tracy AOther0——
2025-03-01Porter Tracy AOther13.31K——
2025-03-01Moses Kelvin OOther9.34K——
2025-03-01Moses Kelvin OOther0——
2025-02-16Alonso Lisa ASell810$19.5915.87K
2025-02-15Alonso Lisa ASell500$19.599.79K
2025-02-10Brinker Scott MSell5.39K$19.86107.10K
2025-02-10Alonso Lisa ASell400$19.867.94K
2025-02-07Thomas John TBuy20.14K——
2025-01-31Alonso Lisa ASell1.48K$20.5130.35K
2025-01-30Scott Peter ABuy54.78K——
2025-01-30Scott Peter ABuy28.31K——
2025-01-30Patadia Ankit B.Buy10.49K——
2025-01-30Miller Jeffrey HBuy18.65K——
2025-01-30Miller Jeffrey HBuy6.71K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 778, holders +1 vs prior quarter. Ownership 97.48%.

HolderSharesChangeChange %Value
BLACKROCK, INC.70.94M-2.43M-3.31%1.52B
VANGUARD PORTFOLIO MANAGEMENT LLC58.38M249.92K+0.43%1.25B
VANGUARD CAPITAL MANAGEMENT LLC45.01M-204.17K-0.45%963.32M
STATE STREET CORP44.01M-4.49M-9.26%941.76M
JPMORGAN CHASE & CO30.19M-14.54M-32.50%661.02M
FULLER & THALER ASSET MANAGEMENT, INC.29.12M-81.75K-0.28%623.16M
GEODE CAPITAL MANAGEMENT, LLC24.65M252.73K+1.04%526.87M
INVESCO LTD.18.51M-5.66M-23.42%396.07M
PRINCIPAL FINANCIAL GROUP INC16.76M-2.01M-10.68%358.68M
BANK OF NEW YORK MELLON CORP15.23M-221.76K-1.43%326.02M
MORGAN STANLEY14.19M1.88M+15.27%303.65M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC11.94M479.73K+4.19%255.54M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.11.94M11.94MNew255.54M
GOLDMAN SACHS GROUP INC11.53M10.46M+976.21%246.75M
BANK OF AMERICA CORP /DE/10.96M-925.19K-7.78%234.60M
DIMENSIONAL FUND ADVISORS LP10.73M144.68K+1.37%229.60M
FMR LLC10.52M1.25M+13.55%225.03M
CULLEN CAPITAL MANAGEMENT, LLC9.77M-1.22M-11.12%209.05M
NORGES BANK9.41M9.41MNew201.47M
EQUITY INVESTMENT CORP7.49M-177.27K-2.31%160.24M
NORTHERN TRUST CORP7.14M-1.43M-16.74%152.74M
DEUTSCHE BANK AG\6.28M-698.64K-10.00%134.50M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC6.22M6.22MNew133.05M
CITADEL ADVISORS LLC5.73M5.73MNew122.63M
LPL FINANCIAL LLC5.63M233.64K+4.33%120.54M

Forecast

Consensus Buy from 23 analysts. Average price target $22.00, +16.3% versus the current price. Low $20.00. High $24.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $22.00 for Healthpeak Properties (DOC), 16.5% above the current price of $18.88. Of 23 analysts covering the stock, 9 rate it Buy or Strong Buy, 14 Hold, and 0 Sell or Strong Sell, giving a consensus of Buy.

Forecasts are third-party estimates and often wrong. They are not investment advice.

DOC price target

12-month price target
Low$20.00
Average$22.00
High$24.00

The average is 16.5% above the current price of $18.88.

Is Healthpeak Properties a buy or sell?

Of 23 analysts, 9 rate Healthpeak Properties Buy or Strong Buy, 14 Hold, and 0 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.

Healthpeak Properties earnings and revenue forecast

Analyst averages on file: 2026, EPS $0.46, revenue $3.01 billion. 2027, EPS $0.22, revenue $3.21 billion.

DOC score and fair value

The Stocklytics Score for DOC is 48 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

DOC forecast FAQs

What is the DOC price target?

$22.00 average, with a published range of $20.00 to $24.00.

Is Healthpeak Properties a buy or sell?

The consensus is Buy from 23 analysts. This is not a recommendation.

What is the Healthpeak Properties stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is $0.46. The average revenue estimate is $3.01 billion.

What will DOC be worth in 2030?

No reliable forecast exists that far out.

When is Healthpeak Properties's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.

Healthpeak Properties (DOC) Stock Forecast & Price Target

DOC$18.91+0.36 +1.97%

$13.04B

Market Cap

53.00

P/E

40.98

Forward P/E

48

Score

Price History