PEAK Stock Recent News

While the top- and bottom-line numbers for Healthpeak (PEAK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Healthpeak (PEAK) 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 $0.44 per share a year ago.

Robust demand for Healthpeak's (PEAK) life-science assets combined with the improving operating trends of the CCRC portfolio is expected to have aided its Q2 earnings.

Healthpeak is one of the largest public healthcare REITs. Its 5.8% dividend yield is around two percentage points higher than that of its closest peers.

Healthpeak Properties has underperformed the Real Estate Select Sector SPDR ETF this year, declining by 18% due to a delay in its pandemic recovery. Despite recent struggles, Healthpeak Properties is expected to recover in the coming years thanks to the aging U.S. population. PEAK stock is currently at a 14-year low, offering a nearly 10-year high dividend yield of 5.8%, which could reward patient investors when the business recovers.

Healthpeak Properties has seen a 23% drop in value over the past year, despite improving fundamentals and a strong portfolio in the healthcare sector. The company has a unique positioning in the Life Science sector, with a strong occupancy of 98% and robust global drug demand, setting it up for future growth. PEAK is well positioned to deliver strong shareholder returns in the long run, with a current undervalued price setting it up for potential capital appreciation.

DENVER , June 29, 2023 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE: PEAK) is scheduled to report second quarter financial results after the close of trading on the New York Stock Exchange on Thursday, July 27, 2023. Healthpeak will host a conference call and webcast on Friday, July 28, 2023, at 7:00 a.m.

Healthpeak Properties and TC Energy are two stable businesses offering great dividend income. Western Union is a beaten-down stock with upside potential and a hefty 8.2% yield as an incentive to wait.

Focus on enhancing its life-science real-estate assets and rising healthcare expenditure by senior citizens bode well for Healthpeak (PEAK). Competition from peers and high interest rates are woes.

Healthpeak's (PEAK) Q1 performance reflects year-over-year growth in revenues. Same-store portfolio cash (adjusted) net operating income improves year over year.