Stock Analysis
Healthpeak Properties, Inc.DOC
P/E 53.79×· 5Y range 48.36–325.71×· bottom 7% of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsHold26 analystsP/E 53.8× sits at the 7th percentile of its 5.086926762491444-year history.
Cash covers 16% of debt · Q2 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Risks
- Quality10
- Profitability18
Cheap for a reason — fundamentals remain weak.
Bull Case
- ✓Revenue CAGR 57.6% — durable top-line growth
- ✓P/E 53.8× at bottom 7% of 5-year history
What's happening with DOC
Profile
earnings quality, moat, profitability, growth and financial health lag behind.
How is each axis scored?
- Valuation65/100 · Moderate
- P/E vs own history (7th pct)25/25
- FCF yield (n/a)10/25
- P/S (4.4x)20/25
- EV/EBIT (n/a)10/25
- Growth25/100 · Weak
- Revenue CAGR (57.6%)25/25
- Net income CAGR (-4.0%)0/25
- EPS CAGR 5Y (-27.8%)0/25
- Fwd implied growth (-19.3%)0/25
- Profitability18/100 · Weak
- ROIC (-2.6%)0/25
- ROE (2.6%)5/25
- Net margin (8.2%)13/25
- Operating margin (-20.2%)0/25
- Financial Health36/100 · Weak
- Altman Z (0.08)3/25
- Current ratio (2.30)25/25
- Interest coverage (0.2x)3/25
- Net cash / debt (D/A 40%)5/25
- Quality10/100 · Weak
- Piotroski F (4/9)10/25
- Beneish M (0.95)0/25
- FCF conversion (n/a)0/25
- Margin stability (σ 26.8%)0/25
- Moat12/100 · Weak
- ROIC >12% years (n/a)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst 2.5%)12/25
Risk Flags
- ⚠Altman Z 0.1 — distress-zone balance sheet
- ⚠Beneish M 0.95 — earnings-manipulation flag
- ⚠Interest coverage 0.2× — thin debt cushion
About Healthpeak Properties, Inc.
Healthpeak owns a diversified healthcare portfolio of nearly 700 in-place properties spread across mainly medical office and life science assets, plus a small portfolio of senior housing properties owned through the company's equity investment in Janus Living.
Headquarters: DENVER, CO · Employees: 411 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
65BP/E (TTM)53.8xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 48.4x–325.7x · 7th pct
P/FCF126.2xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield0.8%C
Grade C: LowInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)4.44xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 3.9x–28.2x · 12th pct
EV/EBITDA12.6xB
Grade B: FairEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales7.4xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E66.6xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.38xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.11B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield6.32%C
Grade C: HighTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio175.9%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
18EROIC-2.6%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE2.6%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA1.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin8.2%C
Grade C: AverageNet Income / Revenue
Operating Margin-20.2%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin-20.2%D
Grade D: LowGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR57.6%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-4.0%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-27.8%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-19.3%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+213.3%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income7.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.6%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
36DAltman Z-Score0.08D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.30xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.30xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.2xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity1.09xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.16xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
10EPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score0.95D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability26.8%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.14xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 records| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Moses Kelvin O Filed | Moses Kelvin O | Tax withholding | -65 | |
Moses Kelvin O Filed | Moses Kelvin O | Grant / award | +937 | |
Patadia Ankit B. Filed | Patadia Ankit B. | Tax withholding | -94 | |
Patadia Ankit B. Filed | Patadia Ankit B. | Grant / award | +1.4K | |
Mabry Adam G Filed | Mabry Adam G | Tax withholding | -43 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Mabry Adam G Filed | Mabry Adam G | Grant / award | +625 | |
Johnston Shawn G Filed | Johnston Shawn G | Tax withholding | -76 | |
Johnston Shawn G Filed | Johnston Shawn G | Grant / award | +1.4K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
12EROIC >12% Years—
Share of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor2.5%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$0.35
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.36
Cash & short-term investments per share (Finnhub)
Book Value / Share$11.38
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$10.32B
Total debt obligations (short + long term)
Cash & Equiv.$1.63B
Cash and short-term investments
Net Debt$8.69B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$9.50B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$13.09B
Current Market Capitalization
Beta0.98B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Healthpeak Properties, Inc. (DOC)
Piotroski F-Score of 4/9 indicates mixed fundamentals for Healthpeak Properties, Inc.. Altman Z-Score of 0.08 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of 0.95 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny.
- Revenue has compounded at roughly 58% annually — a strong growth profile.
- Interest coverage of 0.2× leaves little room for earnings shocks.
- The stock currently yields 6.3% in dividends.
See how DOC ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all DOC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Regular | 18.88 | -3.13% | -3.06 |
| Oct 5 | After-hours | 18.88 | -3.13% | -3.06 |
| Oct 1 | Regular | 19.41 | -2.83% | -3.11 |
| Sep 21 | Regular | 20.63 | +1.45% | 2.05 |
| Sep 21 | After-hours | 20.68 | +1.72% | 2.37 |
Frequently Asked Questions about DOC
What is the current Healthpeak Properties, Inc. (DOC) stock price?
DOC is trading at $18.98 at the last market close, up 0.11% on the session. PreMarketPrice tracks DOC pre-market, intraday and after-hours prices.
Is DOC stock a buy right now?
PreMarketPrice's quantitative model rates Healthpeak Properties, Inc.'s financial health at 36/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DOC stock overvalued?
Healthpeak Properties, Inc. trades at a trailing P/E of 53.8 and our valuation score rates it 65/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Healthpeak Properties, Inc. report earnings?
No confirmed earnings date is currently scheduled for DOC. The Earnings section lists recent reports and updates as dates are announced.
What sector does Healthpeak Properties, Inc. operate in?
Healthpeak Properties, Inc. operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does Healthpeak Properties, Inc. do?
Healthpeak owns a diversified healthcare portfolio of nearly 700 in-place properties spread across mainly medical office and life science assets, plus a small portfolio of senior housing properties owned through the company's equity investment in Janus Living.
About Healthpeak Properties, Inc. (DOC) Stock
Healthpeak Properties, Inc. (DOC) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, Healthpeak Properties, Inc. is trading at $18.98, up 0.11% on the day with a market capitalization of $13.1 billion. The financial health score for DOC is 36/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DOC stock.
DOC Stock Analysis & Key Metrics
On PreMarketPrice, you can track Healthpeak Properties, Inc. (DOC) across multiple dimensions:
- Pre-market price & movement: Real-time DOC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DOC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Healthpeak Properties, Inc. across multiple reporting periods.
- Financial health score: A composite score of 36/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DOC.
- Sector peers: Compare DOC against 5 other real estate stocks on key financial metrics.
Is DOC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Healthpeak Properties, Inc. (DOC) as an investment. The financial health score of 36/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Healthpeak Properties, Inc. (DOC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.