With an annual dividend yield of 6.07%, Healthpeak Properties, Inc. (NYSE:DOC) is included among the 12 Stocks with Highest Dividend to Invest In Now.
On June 15, BMO Capital raised its price recommendation on Healthpeak Properties, Inc. (NYSE:DOC) to $24 from $20. It reiterated an Outperform rating on the stock as part of a broader research note covering US real estate and skilled nursing facilities.BMO said it is difficult to take a firm position on the merits of the allegations. Even so, the firm pointed to the strong rent coverage levels across REITs, which it believes provide protection against potential downside risks. The analysts also highlighted favorable supply and demand fundamentals in the sector, according to a research note.
A few days earlier, on June 11, Morgan Stanley downgraded Healthpeak Properties to Equal Weight from Overweight. However, it raised the price target on the stock to $22 from $20. Analyst Ronald Kamdem said he is “encouraged” by the company’s expectation that occupancy in its life science portfolio will improve this year. At the same time, he expects elevated leasing costs, concessions, and potential downtime to remain headwinds for earnings in 2026 and 2027. Kamdem also noted that earnings growth could stay limited because of interest expenses and capital recycling efforts, which may reduce the potential for further valuation expansion.
Healthpeak Properties, Inc. (NYSE:DOC) is a fully integrated real estate investment trust (REIT). The company acquires, develops, owns, leases, and manages healthcare real estate properties across the United States.
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