Healthpeak Properties (DOC) vs Annaly Capital Management (NLY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Healthpeak Properties (DOC) has outperformed Annaly Capital Management (NLY) over the past year, losing 2.5% versus a loss of 13.0%. Over five years, DOC leads with a -46.1% price change compared with -47.8% for NLY. Annaly Capital Management is the larger company by market cap ($13.51 billion vs $13.23 billion), about 1.0 times the size.
On valuation, Annaly Capital Management trades at a lower forward P/E (5.8x vs 133.3x for Healthpeak Properties). Annaly Capital Management offers the higher dividend yield (15.90% vs 6.54%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DOC | NLY |
|---|---|---|
| Share price | $18.66 | $17.93 |
| Market cap | $13.23B | $13.51B |
| 1-day change | -1.79% | -2.66% |
| YTD return | +16.04% | -19.81% |
| 1-year return | -2.51% | -12.96% |
| 5-year return | -46.13% | -47.76% |
| P/E ratio (TTM) | 53.31 | 4.39 |
| Forward P/E | 133.29 | 5.78 |
| EPS (TTM) | $0.35 | $4.08 |
| Dividend yield | 6.54% | 15.90% |
| Annual dividend | $1.22 | $2.85 |
| Revenue (latest FY) | $2.82B | — |
| Revenue growth (YoY) | +4.52% | — |
| Net income (latest FY) | $71.35M | $2.03B |
| Net margin | 2.53% | — |
| 52-week high | $22.95 | $24.52 |
| 52-week low | $15.70 | $17.84 |
| Distance from 52-week high | -18.69% | -26.88% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.99% | +33.58% |
| Average volume | 5.44M | 8.76M |
| Shares outstanding | 689.53M | 753.71M |
| Employees | 411 | 212 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DOC has outperformed NLY by 10.5 percentage points over the past year.
- Healthpeak Properties trades at a higher earnings multiple (53.3x vs 4.4x trailing P/E).
- Annaly Capital Management offers a meaningfully higher dividend yield (15.90% vs 6.54%).
About Healthpeak Properties
DOC stock →Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company.
Real Estate · Real Estate Investment Trusts · 411 employees
About Annaly Capital Management
NLY stock →Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities.
Real Estate · Real Estate Investment Trusts · 212 employees
DOC vs NLY FAQ
Which is bigger, Healthpeak Properties or Annaly Capital Management?
Annaly Capital Management (NLY) is larger, with a market capitalization of $13.51B compared with $13.23B for Healthpeak Properties (DOC).
Which stock has performed better over the past year, DOC or NLY?
DOC returned -2.51% over the past 12 months, compared with -12.96% for NLY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOC or NLY?
NLY has the lower trailing P/E at 4.4, versus 53.3 for DOC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Healthpeak Properties or Annaly Capital Management?
Annaly Capital Management has the higher yield at 15.90%, compared with 6.54% for Healthpeak Properties.
Are Healthpeak Properties and Annaly Capital Management in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.