Equity Profile

DOC

Healthpeak Properties, Inc.

Real EstateHealth Care REITs$13.6B

Jul23Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Healthpeak Properties, Inc. is a real estate investment trust (REIT) focused on healthcare properties....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well the company is managing its operations.

$0.43

Revenue Growth

Revenue growth is vital for assessing the company's ability to expand and attract new tenants in a competitive market.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DOC Q2-2026 Earnings Preview

Context

Company Snapshot

Healthpeak Properties, Inc. is a real estate investment trust (REIT) focused on healthcare properties. With a market cap of $14 billion, the company plays a crucial role in providing essential facilities for the healthcare sector, including senior housing and medical offices.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-0.88%

Avg Stock Reaction

-0.48%

Last Quarter Recap

In Q1 2026, Healthpeak reported an EPS of $0.42, slightly missing the estimate of $0.43. The stock reacted positively, gaining 1.35% the following day.

Management Promises & Guidance

Focus on improving occupancy rates across all property segments.
Commitment to maintaining dividend payments.
Plans to explore new acquisitions in the healthcare sector.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Healthpeak's upcoming earnings, particularly regarding occupancy rates and revenue growth. However, the company has a mixed track record of meeting earnings expectations.

Bull Case

If Healthpeak can exceed EPS expectations and demonstrate strong occupancy rates, it could signal robust demand for its properties, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses EPS estimates again or reports declining occupancy rates, it could raise concerns about its operational efficiency and future growth.

Key Metrics to Watch

EPS

$0.43

Earnings per share is a key indicator of profitability and will show how well the company is managing its operations.

Revenue Growth

N/A

Revenue growth is vital for assessing the company's ability to expand and attract new tenants in a competitive market.

Occupancy Rates

N/A

High occupancy rates indicate strong demand for Healthpeak's properties, which is essential for revenue stability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the occupancy rates be for Q2-2026?

Occupancy rates are critical for revenue and profitability, and any significant changes could impact investor confidence.

How does management plan to address the recent EPS misses?

Understanding management's strategy to improve performance is essential for assessing future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Healthpeak to improve occupancy rates significantly in the coming quarters, driven by increased demand for healthcare facilities.

Supporting Evidence

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Recent insider trading activity indicates some confidence in the company's future performance.

Healthpeak's focus on acquisitions could lead to unexpected revenue growth.

Key Risk

If occupancy rates exceed 90%, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to recover from previous earnings misses and demonstrate growth in key metrics.

Bull Confirmed If

An EPS of $0.45 or higher, coupled with occupancy rates above 90%, would confirm the bull case.

Bear Confirmed If

An EPS below $0.40 and declining occupancy rates would validate the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.14%

Historical Avg

±0.8%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings report.

Options are pricing ±12.1% while DOC has averaged ±0.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

52.7%

Calls (9K)P/C Ratio: 0.33Puts (4K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Healthpeak beats expectations, history suggests a potential average one-day move of +0.93%, confirming a positive outlook.

In-Line / Cautious

An in-line report may lead to muted reactions, with management commentary driving the stock's direction.

Miss

If the company misses again, history indicates an average one-day move of -0.25%, likely leading to further investor concerns.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on occupancy rates across different property segments.
2Management's commentary on strategies to improve financial performance.
3Details on any new acquisitions or partnerships.
4Insights into the impact of economic conditions on the healthcare real estate market.
5Future guidance on revenue expectations for the next quarter.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Healthpeak Properties, Inc. is a real estate investment trust (REIT) focused on healthcare properties....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well the company is managing its operations.

$0.43

Revenue Growth

Revenue growth is vital for assessing the company's ability to expand and attract new tenants in a competitive market.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DOC Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-0.88%

Avg Stock Reaction

-0.48%

Last Quarter Recap

In Q1 2026, Healthpeak reported an EPS of $0.42, slightly missing the estimate of $0.43. The stock reacted positively, gaining 1.35% the following day.

Management Promises & Guidance

Focus on improving occupancy rates across all property segments.
Commitment to maintaining dividend payments.
Plans to explore new acquisitions in the healthcare sector.

Expectations

Wall Street Expectations

Bull Case

If Healthpeak can exceed EPS expectations and demonstrate strong occupancy rates, it could signal robust demand for its properties, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses EPS estimates again or reports declining occupancy rates, it could raise concerns about its operational efficiency and future growth.

Key Metrics to Watch

EPS

$0.43

Earnings per share is a key indicator of profitability and will show how well the company is managing its operations.

Revenue Growth

N/A

Revenue growth is vital for assessing the company's ability to expand and attract new tenants in a competitive market.

Occupancy Rates

N/A

High occupancy rates indicate strong demand for Healthpeak's properties, which is essential for revenue stability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the occupancy rates be for Q2-2026?

Occupancy rates are critical for revenue and profitability, and any significant changes could impact investor confidence.

How does management plan to address the recent EPS misses?

Understanding management's strategy to improve performance is essential for assessing future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Healthpeak to improve occupancy rates significantly in the coming quarters, driven by increased demand for healthcare facilities.

Supporting Evidence

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Recent insider trading activity indicates some confidence in the company's future performance.

Healthpeak's focus on acquisitions could lead to unexpected revenue growth.

Key Risk

If occupancy rates exceed 90%, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to recover from previous earnings misses and demonstrate growth in key metrics.

Bull Confirmed If

An EPS of $0.45 or higher, coupled with occupancy rates above 90%, would confirm the bull case.

Bear Confirmed If

An EPS below $0.40 and declining occupancy rates would validate the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.14%

Historical Avg

±0.8%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings report.

Options are pricing ±12.1% while DOC has averaged ±0.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

52.7%

Calls (9K)P/C Ratio: 0.33Puts (4K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Healthpeak beats expectations, history suggests a potential average one-day move of +0.93%, confirming a positive outlook.

In-Line / Cautious

An in-line report may lead to muted reactions, with management commentary driving the stock's direction.

Miss

If the company misses again, history indicates an average one-day move of -0.25%, likely leading to further investor concerns.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on occupancy rates across different property segments.
2Management's commentary on strategies to improve financial performance.
3Details on any new acquisitions or partnerships.
4Insights into the impact of economic conditions on the healthcare real estate market.
5Future guidance on revenue expectations for the next quarter.