Welltower Inc. (NYSE:WELL) Receives Consensus Buy Rating From Brokers

Welltower Inc. (NYSE:WELL – Get Rating) has an average rating of “buy” from the sixteen research firms currently covering the company, reports MarketBeat.com. One research analyst has rated the stock with a sell rating, two with a hold rating, eight with a buy rating and one with a strong buy rating. The average 1-year target price among brokers who have updated their coverage of the stock over the past year is $99.00.

WELL has been the subject of several recent analyst reports. The Royal Bank of Canada raised its target price on Welltower to $100.00 from $97.00 in a research report on Friday, May 20. Morgan Stanley raised its target price on Welltower to $100.00 from $95.50 in a research report on Thursday, March 17. KeyCorp raised its target price on Welltower shares to $98.00 from $96.00 and gave the company an overweight rating in a report on Friday, April 1. Evercore ISI put a price target of $99.00 on Welltower shares in a research note on Monday. Finally, StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report Wednesday, June 15th.

NYSE:WELL opened at $77.65 on Tuesday. Welltower has a 1-year low of $76.56 and a 1-year high of $99.43. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt to equity ratio of 0.78. The company has a market cap of $35.25 billion, a price-to-earnings ratio of 103.53, a price-to-earnings-to-growth ratio of 3.52 and a beta of 0.98. The stock has a 50-day simple moving average of $88.95 and a 200-day simple moving average of $87.64.


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Welltower (NYSE:WELL – Get Rating) last released its quarterly earnings results on Tuesday, May 10th. The Real Estate Investment Trust reported earnings per share (EPS) of $0.14 for the quarter, missing the consensus estimate of $0.82 ($0.68). Welltower had a return on equity of 1.81% and a net margin of 6.42%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. In the same quarter last year, the company generated earnings per share of $0.80. The company’s revenue for the quarter rose 32.7% year over year. Equity analysts are forecasting Welltower to report year-to-date earnings per share of 3.52.

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 31st. A dividend of $0.61 per share was paid to investors of record on Tuesday, May 24th. That equates to a dividend of $2.44 on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Monday May 23rd. Welltower’s dividend payout ratio (DPR) is 325.34%.

Several institutional investors and hedge funds have recently changed their positions in the company. Newbridge Financial Services Group Inc. increased its stake in Welltower shares by 148.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 293 shares of the $25,000 Real Estate Investment Trust after buying another 175 shares last quarter. covestor ltd increased its stake in Welltower shares by 97.4% in the first quarter. Covestor Ltd now owns 298 shares of the Real Estate Investment Trust, valued at $29,000, having purchased a further 147 shares during the period. Zullo Investment Group Inc. acquired a new interest in Welltower valued at approximately $30,000 during the fourth quarter. FSB Premier Wealth Management Inc. acquired a new position in Welltower valued at approximately $36,000 during the fourth quarter. Finally, Disciplined Investments LLC bought a new position in Welltower stock valued at approximately $37,000 during the first quarter. Institutional investors and hedge funds own 93.79% of the company’s shares.

Welltower Company Profile (get rating)

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of healthcare infrastructure. The company invests in leading senior housing operators, post-acute care providers and healthcare systems to fund the real estate infrastructure needed to scale innovative models of care and improve people’s well-being and universal healthcare.

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Analyst Recommendations for Welltower (NYSE:WELL)

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