News stories about Welltower (NYSE:HCN) have trended positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Welltower earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.0567101337125 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Welltower Inc. (NYSE: HCN) – Facts About In Play Stocks – Alpha Beta Stock (alphabetastock.com)
- Welltower, Inc. (HCN) PT Lowered to $67 at Mizuho Securities, Cuts 2018 FFO Estimate By 32c – StreetInsider.com (streetinsider.com)
- Welltower’s (HCN) “Hold” Rating Reiterated at Mizuho (americanbankingnews.com)
- ICF, EQIX, HCN, EQR: Large Outflows Detected at ETF (nasdaq.com)
- Short Term Technical Analysis: Welltower Inc. (HCN), Edwards Lifesciences Corporation (EW) – Market Movers (financialqz.com)
HCN has been the topic of several recent analyst reports. Stifel Nicolaus cut their target price on shares of Welltower from $75.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Capital One Financial initiated coverage on shares of Welltower in a research note on Monday, September 25th. They set an “equal weight” rating and a $74.00 target price on the stock. Royal Bank of Canada reissued a “hold” rating and set a $74.00 target price on shares of Welltower in a research note on Wednesday, September 6th. Mizuho reissued a “hold” rating and set a $67.00 target price on shares of Welltower in a research note on Monday. Finally, KeyCorp reissued a “hold” rating on shares of Welltower in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $73.07.
Welltower (NYSE HCN) traded up $0.29 during midday trading on Wednesday, hitting $66.41. 2,331,169 shares of the stock were exchanged, compared to its average volume of 1,778,650. Welltower has a 1-year low of $63.05 and a 1-year high of $78.17. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market capitalization of $24,413.92, a P/E ratio of 15.37, a PEG ratio of 4.44 and a beta of 0.25.
Welltower (NYSE:HCN) last posted its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.05 by $0.03. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the business posted $1.16 earnings per share. Welltower’s revenue for the quarter was up 1.1% compared to the same quarter last year. analysts anticipate that Welltower will post 4.24 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Tuesday, November 7th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend was Monday, November 6th. Welltower’s dividend payout ratio (DPR) is presently 140.32%.
In related news, Director Gary Whitelaw purchased 1,420 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were acquired at an average cost of $68.39 per share, with a total value of $97,113.80. Following the completion of the purchase, the director now owns 1,420 shares of the company’s stock, valued at approximately $97,113.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.19% of the company’s stock.
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Welltower Company Profile
Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.
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