Evercore ISI analyst Steve Sakwa maintained a Hold rating on Healthpeak Properties (NYSE:PEAK) on Wednesday, setting a price target of $32, which is approximately 3.29% below the present share price of $33.09.
Sakwa expects Healthpeak Properties to post earnings per share (EPS) of $0.27 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Healthpeak Properties, with an average price target of $33.19.
The analysts price targets range from a high of $36 to a low of $30.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of -$126.45 million and a net profit of $59.09 million. The company's market cap is $17.83 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.9% and a 54.33% success rate.
Healthpeak Properties, Inc. is a real estate investment trust, which invests primarily in real estate serving the healthcare industry in the United States. It acquires, develops, leases, sells, and manages healthcare real estate and provides mortgage and other financing to healthcare providers. It operates through the following business segments: Senior Housing Triple-Net, Senior Housing Operating Portfolio (SHOP), Life Science, and Medical Office. The Senior Housing Triple-Net and Operating Portfolio segments manage senior housing facilities, which include independent living, assisted living and memory care facilities, care homes, and continuing care retirement communities by utilizing triple-net leases and RIDEA structures. The Life Science segment contains laboratory and office space primarily for biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies, and other organizations involved in the life science industry. The Medical Office segment includes pharmacies, hospital ancillary service space, and outpatient services such as diagnostic centers, rehabilitation clinics, and day-surgery operating rooms. The company was founded in March 1985 and is headquartered in Irvine, CA.