earnings
confidence high
sentiment positive
materiality 0.70
Healthpeak Q1 FFO $0.42/share, Same-Store NOI +5.5%, declares $0.30 dividend
HEALTHPEAK PROPERTIES, INC.
2023-Q1 EPS reported
$0.22
revenue$525,678,000
- Net income $0.22 diluted EPS ($117.7M); Nareit FFO $0.42; AFFO $0.38.
- Blended Same-Store Cash NOI growth 5.5% (Life Science +6.3%, MOB +3.7%).
- Life science leasing: 311K sq ft executed with +55% cash releasing spreads on renewals.
- Issued $400M 5.25% 10-year senior notes in Jan 2023; net debt/Adjusted EBITDAre 5.4x.
- Declared $0.30/share quarterly dividend payable May 19, record May 8; board appointments: Sandstrom Chair, Connor independent director.