Welltower (NYSE:WELL) Sets New 12-Month High – Here’s Why

Welltower Inc. (NYSE:WELLGet Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $219.87 and last traded at $220.1570, with a volume of 913291 shares. The stock had previously closed at $217.50.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WELL. Cantor Fitzgerald increased their price objective on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Jefferies Financial Group reaffirmed a “buy” rating and set a $248.00 price objective on shares of Welltower in a research report on Tuesday. Wells Fargo & Company increased their price objective on shares of Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. Finally, Weiss Ratings raised shares of Welltower from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $229.67.

Check Out Our Latest Research Report on Welltower

Welltower Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a market cap of $155.75 billion, a PE ratio of 109.34, a PEG ratio of 1.12 and a beta of 0.83. The company’s 50-day simple moving average is $206.62 and its 200 day simple moving average is $197.77.

Welltower (NYSE:WELLGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter last year, the company posted $1.20 EPS. The firm’s revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts predict that Welltower Inc. will post 6.29 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

Institutional Investors Weigh In On Welltower

A number of hedge funds and other institutional investors have recently modified their holdings of WELL. Parkside Financial Bank & Trust boosted its stake in shares of Welltower by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock valued at $367,000 after purchasing an additional 49 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Welltower by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 50 shares during the period. KCM Investment Advisors LLC lifted its position in shares of Welltower by 3.2% in the 4th quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock worth $311,000 after purchasing an additional 52 shares during the period. RFG Bristol Wealth Advisors LLC lifted its position in shares of Welltower by 0.6% in the 1st quarter. RFG Bristol Wealth Advisors LLC now owns 8,107 shares of the real estate investment trust’s stock worth $1,603,000 after purchasing an additional 52 shares during the period. Finally, CYBER HORNET ETFs LLC lifted its position in shares of Welltower by 3.5% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock worth $282,000 after purchasing an additional 53 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Company Profile

(Get Free Report)

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.

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