Healthpeak Properties, Inc. is a Standard & Poor's 500 company that owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery in the United States. Our company was originally founded in 1985. We are organized as an umbrella partnership REIT. We hold substantially all our assets and conduct our operations through our operating subsidiary, Healthpeak OP, a consolidated subsidiary of which we are the managing member. We are a Maryland corporation and qualify as a self-administered REIT. We are headquartered in Denver, Colorado, with additional corporate offices in California, Tennessee, Wisconsin, and Massachusetts and property management offices in several locations throughout the U.S. We have a diversified portfolio of high-quality healthcare properties across three core asset classes of outpatient medical, lab, and continuing care retirement community real estate. Under the outpatient medical and lab segments, we own, operate, and develop outpatient medical buildings, hospitals, and lab buildings. Under the CCRC segment, our properties are operated through RIDEA structures. We have other non-reportable segments that are comprised primarily of: (i) an interest in an unconsolidated joint venture that owns 19 senior housing assets, (ii) loans receivable, and (iii) a preferred equity investment. These non-reportable segments have been presented on a combined basis herein. At September 30, 2025, our portfolio of investments, including properties in certain of our unconsolidated joint ventures, consisted of interests in 703 properties: (i) Outpatient medical 530 properties; (ii) Lab 139 properties; (iii) CCRC 15 properties; and (iv) Other non-reportable 19 properties. Healthpeak Properties, Inc. was incorporated in 1985 in Maryland, USA.
| Business Activity | PASS |
| Debt Ratio (0.50%) | FAIL |
| Cash Ratio (0.04%) | PASS |
| Receivables Ratio (0.03%) | PASS |
| Revenue Ratio (0.00%) | PASS |
| Overall | FAIL |
| Date | EPS Est. | Reported EPS | Surprise % |
|---|---|---|---|
| 2026-07-23 | 0.06 | Pending | -- |
| 2026-05-05 | 0.05 | 0.28 | +456.7% |
| 2026-02-02 | 0.06 | 0.10 | +59.3% |
| 2025-10-23 | 0.06 | -0.18 | -403.2% |
| 2025-07-24 | 0.06 | 0.06 | +12.2% |
| 2025-04-24 | 0.05 | 0.06 | +40.7% |
| 2025-02-03 | 0.05 | 0.05 | -4.7% |
| 2024-10-24 | 0.05 | 0.05 | -8.6% |
| Period | Revenue | Net Income | EBITDA | Gross Profit | Op. Income | EPS |
|---|---|---|---|---|---|---|
| 2026-03-31 | $753.0M | $193.6M | $572.7M | $429.1M | $114.8M | 0.28 |
| 2025-12-31 | $719.4M | $114.0M | $467.8M | $431.5M | $145.8M | 0.16 |
| 2025-09-30 | $705.9M | -$117.1M | $404.3M | $414.0M | $131.7M | -0.17 |
| 2025-06-30 | $694.3M | $31.7M | $390.8M | $418.2M | $131.5M | 0.05 |
| 2025-03-31 | $702.9M | $42.8M | $395.5M | $429.7M | $135.1M | 0.06 |
| 2024-12-31 | — | — | — | — | — | — |
| Date | Name | Role | Shares | Value |
|---|---|---|---|---|
| 2026-05-12 | BOHN SCOTT R | Officer | 10,989 | $213.7K |
| 2026-05-06 | SANDSTROM KATHERINE M | Director | 9,744 | -- |
| 2026-05-06 | LEWIS SARA GROOTWASSINK | Director | 9,744 | -- |
| 2026-05-06 | LIAS-BOOKER AVA E. | Director | 9,744 | -- |
| 2026-05-06 | CONNOR JAMES B | Director | 9,744 | -- |
| 2026-05-06 | GRIFFIN R KENT JR | Director | 9,744 | -- |
| 2026-05-06 | CARTWRIGHT BRIAN G. | Director | 9,744 | -- |
| 2026-05-06 | WEISS RICHARD A | Director | 9,744 | -- |
| 2026-02-06 | THOMAS JOHN T | Director | 23,739 | -- |
| 2026-01-28 | ALONSO LISA A | Officer | 4,284 | -- |
| Holder | Shares | Value | % Held |
|---|---|---|---|
| Blackrock Inc. | 73.4M | $1.4B | 0.1% |
| Vanguard Portfolio Management LLC | 58.1M | $1.1B | 0.1% |
| State Street Corporation | 48.5M | $956.9M | 0.1% |
| Vanguard Capital Management LLC | 45.2M | $892.2M | 0.1% |
| JPMORGAN CHASE & CO | 44.7M | $882.6M | 0.1% |
| Fuller & Thaler Asset Management Inc. | 29.2M | $576.1M | 0.0% |
| Geode Capital Management, LLC | 24.4M | $481.4M | 0.0% |
| Invesco Ltd. | 24.2M | $476.8M | 0.0% |
| Principal Financial Group, Inc. | 18.8M | $370.2M | 0.0% |
| Bank Of New York Mellon Corporation | 15.5M | $305.0M | 0.0% |
$24.4B
1.75
0.979
18
$2.9B
$10.7B
+363.9%
621.0%
2.30
3.92
0.1%
411
| Date | Estimate | Reported | Surprise |
|---|---|---|---|
| 2026-07-23 | $0.06 | Pending | — |
| 2026-05-05 | $0.05 | $0.28 | +456.7% |
| 2026-02-02 | $0.06 | $0.10 | +59.3% |
| 2025-10-23 | $0.06 | $-0.18 | -403.2% |
| 2025-07-24 | $0.06 | $0.06 | +12.2% |
| 2025-04-24 | $0.05 | $0.06 | +40.7% |
| Shares | Cost | Profit to Target | R:R |
|---|---|---|---|
| To Consensus ($20.72, 18 analysts) | |||
| 10 | $196.40 | +$10.80 (6%) | 0.4R |
| 50 | $982.00 | +$54.00 (6%) | 0.4R |
| 100 | $1,964.00 | +$108.00 (6%) | 0.4R |
| To Fair Value ($3.00) | |||
| 10 | $196.40 | +$-166.40 (-85%) | -5.6R |
| 50 | $982.00 | +$-832.00 (-85%) | -5.6R |
| 100 | $1,964.00 | +$-1,664.00 (-85%) | -5.6R |
- Elevated short interest (3.92 days to cover)
- Valuation stretched on forward earnings
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| Ticker | Correlation |
|---|---|
| XLRE | 0.641 |
| ARE | 0.628 |
| SPRE | 0.580 |
| FRT | 0.578 |
| KIM | 0.574 |
| Ticker | Correlation |
|---|---|
| PRIM | -0.218 |
| 4142.SR | -0.206 |
| CLDN.L | -0.184 |
| KVYO | -0.147 |
| LIANY | -0.143 |
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