Healthpeak Properties Inc Stock Price, News & Analysis

Healthpeak Properties (NYSE: DOC) has increased its full-year 2024 guidance following strong performance across its lab, outpatient medical, and CCRC portfolios. The company revised its Diluted FFO as Adjusted per share upward to $1.80-$1.82 from $1.79-$1.81, and Diluted AFFO per share to $1.57-$1.59 from $1.56-$1.58. The Total Merger-Combined Same-Store Cash NOI growth projection was also raised to 4.0%-5.0% from 3.5%-4.5%.

Healthpeak Properties (NYSE: DOC), a healthcare real estate company focused on ownership, operations, and development, has released an investor presentation ahead of upcoming investor meetings. The presentation materials are accessible through the company's investor relations website.

Healthpeak Properties reported strong Q3 2024 results with net income of $0.12 per share, Nareit FFO of $0.44 per share, and FFO as Adjusted of $0.45 per share. The company achieved 4.1% Total Merger-Combined Same-Store Cash NOI growth and increased its 2024 guidance. Key highlights include executing 733,000 square feet of life science lease agreements, 3 million square feet of outpatient medical leases with 89% retention, and increasing expected merger-related synergies to $50 million. The company maintained strong financial health with Net Debt to Adjusted EBITDAre at 5.1x and declared a quarterly dividend of $0.30 per share.

Healthpeak Properties (NYSE: DOC), a leading healthcare real estate company, has announced its schedule for releasing third quarter 2024 financial results. The company will report its earnings after the NYSE closes on Thursday, October 24, 2024. A conference call and webcast are planned for Friday, October 25, 2024, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) to discuss the results.

Investors can access the conference call through Healthpeak's website or via telephone. The webcast will be archived on the company's website until October 23, 2025, and a telephonic replay will be available until November 1, 2024. This announcement demonstrates Healthpeak's commitment to transparency and shareholder communication.

Healthpeak Properties (NYSE: DOC) reported strong Q2 2024 results, with net income of $0.21 per share and FFO as Adjusted of $0.45 per share. The company increased its 2024 guidance, raising diluted earnings to $0.27-$0.31 per share and FFO as Adjusted to $1.77-$1.81 per share. Healthpeak closed $853 million in outpatient medical sales at a 6.8% capitalization rate and repurchased 4.6 million shares for $88 million. Leasing activity was robust, with 1.7 million square feet of new and renewal leases executed. The company also completed an early renewal with CommonSpirit Health, extending the average lease maturity to December 2035. Healthpeak declared a quarterly dividend of $0.30 per share and reported strong same-store NOI growth of 4.5%.

Healthpeak Properties (NYSE: DOC) will release its second quarter 2024 financial results after the market closes on July 25, 2024.

They will host a conference call and webcast on July 26, 2024, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) to discuss their performance.

Participants can access the call via Healthpeak's website, a webcast link, or by dialing (800) 715-9871. A replay of the webcast will be available until July 25, 2025, and a telephonic replay can be accessed until August 2, 2024, by dialing (800) 770-2030 and entering conference ID 95156.

Healthpeak Properties announced its 13th annual Corporate Impact Report, formerly known as the ESG Report. The new name highlights a broader commitment to corporate responsibility and sustainability. Key points include a 10-Year Corporate Impact Plan focusing on decarbonization, reducing operating costs, and improving energy efficiencies. As of December 31, 2023, Healthpeak has reached 49% of its goal to cut greenhouse gas emissions by 15% by 2033, 34% of its goal to reduce energy use by 15% by 2030, and 68% of its goal to cut water consumption by 10% by 2030. Additionally, 36% of its portfolio has green building certification. The workforce is 57% female and 31% racially diverse. The report includes data post-merger with Physicians Realty Trust in March 2024 and aligns with various international sustainability standards and principles.

Healthpeak Properties (NYSE: DOC), a major player in healthcare real estate, announced that CEO Scott Brinker and CFO Peter Scott will present at Nareit's REITweek 2024 Investor Conference. The presentation is scheduled for June 4, 2024, from 3:45 p.m. to 4:15 p.m. (ET). A live audio webcast of the event will be accessible via Vimeo and the company’s investor relations website. A replay will be available for 30 days post-event.

Healthpeak Properties, Inc. (NYSE: DOC) has acquired King Street Properties' minority interest in eight lab buildings in Massachusetts, expanding its greater Boston portfolio to 2.7 million square feet. Healthpeak will now manage the buildings directly, thanking KSP for their partnership. The joint venture has proven successful for both companies, culminating in a strategic wind-down.