Healthpeak Properties, Inc. (DOC), with a market cap of $13.4 billion, is a leading real estate investment trust (REIT) in the healthcare sector. Based in Denver, the company focuses on acquiring, developing, and managing a diverse portfolio of healthcare properties, including life science facilities, medical offices, and CCRCs.
Shares of Healthpeak Properties have significantly underperformed the broader market over the past 52 weeks. DOC has declined 2.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.9%. In 2024 alone, shares of DOC are down 3.5%, compared to the SPX's 11.2% gains on a YTD basis.
