Healthpeak Properties: Trading Near Decade Lows

ISTJ Investor
1.14K Followers
(29min)

Summary

  • Healthpeak Properties, Inc. is an S&P 500 REIT focused on outpatient medical office and life science lab properties.
  • DOC stock is now trading near a 10 year and 52 week lows, with a 9.4 P/FFO.
  • Healthpeak Properties has 7.0% current dividend yield, with a 66% payout ratio.
  • Healthpeak has moderate 5.2x net debt / EBITDA, and debt rated BBB+.
Hospital Outpatient Entrance Sign

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Investment Thesis

Healthpeak Properties, Inc. (NYSE:DOC), an S&P 500 REIT, is now trading near 10 year and 52 week lows, 50% below 5 year highs, and 30% below Wall Street valuation. The P/FFO is 9.4.

The current dividend yield is

This article was written by

1.14K Followers
Myers-Briggs ISTJ. Detail oriented, data driven, planner, long time horizon. Individual investor for 20 plus years. Did the CFP exam for grins years ago, but never certified. Interest in energy, tech.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of DOC, HR, ARE 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.

This is not advice to buy or sell this stock. I am not an accountant or investment advisor. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing.

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