Healthpeak Properties: Buy This 7% Yield Before The Market Rotates To Value
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Gen AlphaInvesting GroupFollow5ShareSavePlay(9min)Comment(1)SummaryHealthpeak Properties is deeply undervalued, trading at just 9.1x forward P/FFO and offering a 7.3% dividend yield.DOC benefits from strong fundamentals in outpatient medical and senior housing, with same-store NOI growth and robust re-leasing spreads.Management is executing $1 billion in asset sales, tightening cost controls, and targeting double-digit unlevered IRRs on new investments.I maintain a ‘Strong Buy’ rating on DOC, expecting double-digit total returns driven by FFO growth, yield, and valuation reversion.Hammad Khan/iStock via Getty Images Now is a great time to be a value and income investor, especially as the AI boom shows signs of cracking on the back of underwhelming earnings from Broadcom (AVGO) and Oracle (This article was written byGen Alpha22.69K FollowersFollowI am Gen Alpha. I have more than 14 years of investment experience, and an MBA in Finance. I focus on stocks that are more defensive in nature, with a medium- to long-term horizon. I provide high-yield, dividend growth investment ideas in the investing group iREIT®+HOYA Capital. The group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of DOC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You