Welltower Inc. (NYSE:WELL) Receives $186.43 Average Price Target from Analysts

Shares of Welltower Inc. (NYSE:WELL) have been given an average recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $187.60.

A number of equities analysts have recently commented on WELL shares. Evercore ISI lifted their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Welltower in a report on Tuesday. National Bankshares set a $246.00 price target on shares of Welltower in a report on Friday, October 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd.

Hedge Funds Weigh In On Welltower

A number of hedge funds have recently bought and sold shares of WELL. Norges Bank bought a new position in Welltower during the second quarter worth $4,903,554,000. Nuveen LLC bought a new position in Welltower during the first quarter worth $762,204,000. Price T Rowe Associates Inc. MD raised its stake in Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after buying an additional 2,622,384 shares during the last quarter. Wellington Management Group LLP raised its stake in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after buying an additional 2,614,562 shares during the last quarter. Finally, State Street Corp raised its stake in Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE:WELL opened at $181.03 on Tuesday. The company has a market cap of $124.24 billion, a price-to-earnings ratio of 124.85, a PEG ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The firm has a 50 day simple moving average of $171.30 and a 200 day simple moving average of $160.36. Welltower has a one year low of $123.11 and a one year high of $189.53.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Research analysts predict that Welltower will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, November 10th. Welltower’s payout ratio is 167.23%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.