7.1 C
New York
Wednesday, March 22, 2023

Is Healthpeak Properties Inc. (NYSE: PEAK) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Healthpeak Properties Inc. (PEAK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.21%, to $23.85. The Healthpeak Properties Inc. has recorded 112,680 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Healthpeak Properties to Present at the Citi 2023 Global Property CEO Conference.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

PEAK belongs to the Real Estate sector of the NYSE while operating in the REIT – Healthcare Facilities industry. At the end of the last regular session, the stock closed at $23.80 and fluctuated between $23.91 as its day high and $23.44 as its day low. The current market capitalization of Healthpeak Properties Inc. is $13.28B. A total of 4.57 million shares were traded on the day, compared to an average of 3.81M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PEAK has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,000 shares. Over the last 12 months, there were 7 BUYs and 9 SELLs from insiders. Insiders purchased 36,806 shares during that period but sold 19,643.

In the most recent transaction, Brinker Scott M bought 16,300 shares of PEAK for 23.63 per share on Mar 02. After the transaction, the President and CEO now owns 206,525 company shares. In a previous transaction on Feb 22, GARVEY CHRISTINE sold 1,200 shares at 25.45 per share. PEAK shares that Director owns now total 22,627.

Among the insiders who sold shares, GARVEY CHRISTINE disposed of 1,000 shares on Dec 27 at a per-share price of $25.11. This resulted in the Director holding 23,827 shares of PEAK after the transaction. In another insider transaction, GARVEY CHRISTINE sold 1,860 shares at $24.77 per share on Nov 16. Company shares held by the Director now total 24,827.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Healthpeak Properties Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 5.04%, and it has a price to earnings (P/E) ratio of 26.24. PEAK’s most recent ex-dividend date was 2/8/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 2/23/2023. Previously, the company paid the dividend on 11/18/2022 with an ex-dividend date of 11/4/2022. The PEAK stock dividend was $0.30 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PEAK in the last 3 months, the mean price target is $29.09 with high estimates of $34.00 and low estimates of $23.00. In terms of 52-week highs and lows, PEAK has a high of $35.72 and a low of $21.41.

As of this writing, PEAK has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.11. The company reported an EPS of $0.65 in the last quarter, which was 490.90% higher than expectations of $0.11.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 20 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PEAK is Sell with a score of 4.00. A total of 10 analysts rated the stock as Buy while 4 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles