Shares of Welltower Inc. (NYSE:WELL – Get Free Report) have earned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $234.7222.
Several analysts have commented on WELL shares. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. BMO Capital Markets restated an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Scotiabank cut their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft raised their target price on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $238.00 price target on shares of Welltower in a research note on Monday, June 15th.
Get Our Latest Research Report on Welltower
Welltower Stock Down 0.8%
Welltower (NYSE:WELL – Get Free Report) last released its 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 return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm earned $1.20 EPS. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, analysts anticipate that Welltower will post 6.32 EPS for the current year.
Welltower Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.3%. Welltower’s payout ratio is currently 146.53%.
Hedge Funds Weigh In On Welltower
Hedge funds and other institutional investors have recently made changes to their positions in the company. Leonteq Securities AG boosted its holdings in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the period. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Marquette Asset Management LLC raised its holdings in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 59 shares during the period. Swiss RE Ltd. bought a new stake in Welltower in the 4th quarter valued at $29,000. Finally, Quarry LP bought a new stake in Welltower in the 3rd quarter valued at $33,000. 94.80% of the stock is owned by institutional investors.
About Welltower
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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