S&P 500 comparison · Real Estate

Healthpeak Properties vs Welltower

Prices at close . Model readings .

Healthpeak Properties

$18.55−2.47%
Month: positive

Welltower

$227.20+0.21%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Welltower is the larger company by market value ($171.51B against $8.41B). Over the past year Healthpeak Properties returned +2.9% and Welltower +26.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 24.6 for Healthpeak Properties and 162.5 for Welltower, and the operating margin 15% against 16.3%. Over the next 21 sessions the model expects +0.28% for Healthpeak Properties, with a 73% chance of a rise, and −0.64% for Welltower, with a 32% chance. Healthpeak Properties has no published fair value today. Welltower's long-run fair value is $209.66, a gap of −7.7% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
DOC+0.28%
WELL−0.64%
Chance of a risenext 21 sessions
DOC73%
WELL32%
Expected returnnext 63 sessions
DOC+1.58%
WELL−0.13%
Range of outcomes63 sessions, 80% band
DOC−14.6% to +17.8%
WELL−16.4% to +16.1%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
DOC—The valuation was set at a price in another share basis than this close, so its fair value and gap are not printed.
WELL$209.6628 Oct 2026
Gap to pricefair value against the close
DOC—The valuation was set at a price in another share basis than this close, so its fair value and gap are not printed.
WELL−7.7%
Past readings that matchedsign of the 21-session outcome
DOC54.6%of 269
WELL45.4%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
DOC−7.8%
WELL−2.4%
6 monthsS&P 500: +8.5%
DOC+18.3%
WELL+7.9%
Year to dateS&P 500: +13.3%
DOC+20.5%
WELL+23.7%
1 yearS&P 500: +12.7%
DOC+2.9%
WELL+26.2%
5 yearsS&P 500: +70.7%
DOC−29.7%
WELL+202.8%
1 year against the S&P 500percentage points
DOC−9.8 pts
WELL+13.5 pts
Position in the 52-week range0% low, 100% high
DOC45%close $18.55 in $15.04 to $22.84
WELL67%close $227.20 in $172.37 to $254.24
Against the 200-day average
DOC−1.5%
WELL+4.7%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (DOC), (WELL)
Market value
DOC$8.41B28 Oct 2026
WELL$171.51B28 Oct 2026
Enterprise valueat the last filing
DOC$28.84B31 Dec 2012
WELL$189.69B30 Sep 2026
P/Elatest filed
DOC24.6
WELL162.5
Price to book
DOC1.90
WELL3.50
EV / EBITDA
DOC44.88
WELL152.86
Free cash flow yield
DOC5.05%
WELL1.2%
Dividend yield
DOC4.23%
WELL1.25%
Questions

Healthpeak Properties or Welltower: common questions

Which is larger by market value, Healthpeak Properties or Welltower?

Welltower, at $171.51B against $8.41B for Healthpeak Properties, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Healthpeak Properties or Welltower?

Welltower has the higher latest filed P/E, 162.5; Healthpeak Properties' is 24.6. Filings: quarter to 31 Dec 2012 and 30 Sep 2026.

How did Healthpeak Properties and Welltower move over the past year against the S&P 500?

Over the past year Healthpeak Properties returned +2.9% and Welltower +26.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Healthpeak Properties and Welltower over the next month?

+0.28% for Healthpeak Properties with a 73% chance of a rise, and −0.64% for Welltower with a 32% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Healthpeak Properties and Welltower compare?

The operating margin is 15% for Healthpeak Properties and 16.3% for Welltower, and the gross margin 39.7% against 39.5%. Filings: quarter to 31 Dec 2012 and 30 Sep 2026.

Do Healthpeak Properties and Welltower shares move together?

Over the past year the correlation of their daily returns was 0.36 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesHealthpeak Properties (DOC) forecast and analysisWelltower (WELL) forecast and analysis
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BrowseAll Real Estate companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.