Healthpeak Properties (DOC) to Announce Q1 2024 Earnings

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As Healthpeak Properties Inc. (DOC, Financial) prepares to release its first-quarter earnings, investors are keen to gauge its financial trajectory. Here are the key points:

  • Analysts predict a significant year-over-year decline in funds from operations.
  • Revenue is anticipated to grow by over 13% compared to the prior year.
  • Market projections suggest potential upside from current stock prices.

Upcoming Earnings Release Insights

Healthpeak Properties (DOC, Financial) will unveil its first-quarter earnings on April 24 after the market closes. Expectations are set for a funds from operations estimate of $0.46, indicating a sharp 91.1% decline from last year. Meanwhile, the revenue forecast stands at $689.24 million, reflecting a notable 13.6% increase year-over-year.

Wall Street Analysts' Predictions

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According to projections from 13 analysts, the one-year average target price for Healthpeak Properties Inc (DOC, Financial) is $21.85. Within this range, estimates peak at $26.00 and bottom at $18.00, implying a potential upside of 16.08% from the current share price of $18.82. For a more detailed breakdown, visit the Healthpeak Properties Inc (DOC) Forecast page.

Brokerage Recommendations

The consensus from 17 brokerage firms places Healthpeak Properties Inc's (DOC, Financial) average recommendation at 2.2, aligning with an "Outperform" status. On this scale, 1 represents a Strong Buy, while 5 signals a Sell. This indicates a positive outlook from the analyst community.

GuruFocus Valuation Estimate

GuruFocus gauges Healthpeak Properties Inc's (DOC, Financial) GF Value at $22.06 for the coming year, suggesting a potential upside of 17.22% from the current stock price of $18.82. The GF Value is a proprietary estimate of the intrinsic value of the stock, grounded in historical multiples, past growth patterns, and projected future performance. For additional insights, explore the Healthpeak Properties Inc (DOC) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.