For the quarter ended September 2024, Healthpeak (DOC) reported revenue of $700.4 million, up 25.9% over the same period last year. EPS came in at $0.45, compared to $0.12 in the year-ago quarter.The reported revenue represents a surprise of +1.66% over the Zacks Consensus Estimate of $688.98 million. With the consensus EPS estimate being $0.44, the EPS surprise was +2.27%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Healthpeak (DOC) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to FFO of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.27%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.44 per share when it actually produced FFO of $0.45, delivering a surprise of 2.27%.Over the last fou ...

Healthpeak Properties, Inc. (DOC) is slated to report third-quarter 2024 results on Oct. 24 after market close. While the quarterly results are expected to reflect year-over-year growth in revenues, funds from operations (FFO) per share might exhibit a decline.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this healthcare real estate investment trust (REIT) posted an FFO as adjusted per share of 45 cents, beating the Zacks Consensus Estimate by 2.27%. ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of DOC, O, ADC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financia ...

MarsBars Recency bias is a cognitive bias that favors recent events over historical ones. This phenomenon appears in many aspects of life, including stock valuations and how they're interpreted by investors. For example, REITs became very cheap in the 2022-2023 timeframe, and only this year did they start climbing up. As such, some names may appear to be pricey when comparing them against a 1-2 year timeframe, but that would mean investors are ignoring the fact that many REITs are still rather cheap compare ...

Alistair Berg In a recent article, I explained that "I decided that I would put together a research report for a 10-stock REIT portfolio. The goal here is to select 10 REITs diversified across property sectors that are trading at a discount." In Part 1 of the series, I highlighted these three REITs to include in the new retirement portfolio: Sun Communities (SUI) Crown Castle (CCI) VICI Properties (VICI) These three REITs are spread across various sectors – manufactured housing, cell towers, and gaming – al ...

Healthpeak Properties, Inc. (DOC) is well-poised to benefit from its diversified and top-quality healthcare real estate assets in the high barrier-to-entry markets of the United States. Solid demand for lab assets is likely to drive its lab portfolio's growth. Its continuing care retirement community (CCRC) portfolio is poised to gain from the rise in senior citizens' healthcare expenditure. A healthy balance sheet position augurs well. Shares of this Zacks Rank #2 (Buy) company have rallied 36.7% over the ...

Healthpeak (DOC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of ...

akinbostanci The Federal Reserve opted to keep interest rates steady at about 5.3%. This means that all eyes are on September 18th when they will once again vote on interest rates. It's now widely expected that rates will be cut then and likely a second or even third cut by the end of this year. Many REITs have commenced a rally anticipating a rate cut. However, we believe that there is plenty of room to run for REIT's as shares remain undervalued. Brad Thomas ✿ @rbradthomas · 2h $IRET +9.9% vs $VNQ +3.7% ( ...

Healthpeak Properties, Inc. (DOC) reported second-quarter 2024 funds from operations (FFO) as adjusted per share of 45 cents, beating the Zacks Consensus Estimate by a penny. The reported figure remained unchanged from the prior-year quarter. Behind the Headlines During the reported quarter, Healthpeak executed lab new and renewal leases totaling 797,000 square feet. For the outpatient medical portfolio, new and renewal leases aggregated 905,000 square feet. Dividend Update Healthpeak revised its guidance f ...