earnings
confidence high
sentiment positive
materiality 0.80
Healthpeak raises FY 2026 guidance; Q1 FFO as adj $0.45, Janus Living IPO nets $880M
HEALTHPEAK PROPERTIES, INC.
2026-Q1 EPS reported
$0.28
revenue$752,952,000
- Net income $0.28, Nareit FFO $0.42, FFO as adjusted $0.45 per share for Q1 2026.
- Janus Living (JAN) IPO closed March 2026, ~$880M net proceeds; Healthpeak retains 81.6% stake.
- Sold 80% JV interest in six-property medical portfolio to Blackstone for ~$170M.
- Repurchased 5.9M shares at ~$16.81 for ~$100M in April 2026.
- Total same-store cash NOI flat YoY; outpatient medical +2.4%, lab -7.2%, senior housing +13.8%.