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Healthpeak Properties Inc V.DOC


Primary Symbol: DOC

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT). The Company acquires, develops, owns, leases, and manages healthcare real estate across the United States. Its strategy is to invest in and manage real estate focused on healthcare discovery and delivery. It has a diversified portfolio of high-quality healthcare properties across three core asset classes of lab, outpatient medical, and continuing care retirement community (CCRC) real estate. The Company’s segments include Lab, Outpatient medical and CCRC. The lab segment properties contain laboratory and office space, are leased primarily to biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies, and other organizations involved in the life science industry. The Outpatient Medical segment includes outpatient medical buildings and hospitals. Outpatient medical buildings typically contain physicians’ offices and examination rooms.


NYSE:DOC - Post by User

Post by AlwaysLong683on Jul 05, 2023 12:13pm
181 Views
Post# 35527451

Need New Contracts

Need New ContractsBalance Sheet as at March 31, 2023 is in good shape since they sold off some assets for cash, but their Income Statement shows a decline in revenue vs. March 31, 2022 (expected given the businesses they sold) but incurred a larger operating loss of $6.2M for the quarter. According to TMX money, DOC now has over 300M shares outstanding, which is a lot for a Canadian microcap company. DOC needs to land new contracts so they can boost both revenue and become profitable . When was the last time DOC announced an actual new contract with a new client? So far, it seems they are signing partnerships with other entities, but the online medical services sector is very competitive and it appears DOC is having trouble winning such contracts.
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