Welltower Inc. (WELL) To Go Ex-Dividend on May 13th

Welltower Inc. (NYSE:WELL) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Wednesday, May 13th will be paid a dividend of 0.74 per share by the real estate investment trust on Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, May 13th.

Welltower has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. Welltower has a dividend payout ratio of 126.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Welltower to earn $7.10 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 41.7%.

Welltower Stock Down 0.1%

Shares of NYSE WELL opened at $214.46 on Monday. Welltower has a 52-week low of $142.65 and a 52-week high of $219.59. The firm has a fifty day moving average of $206.17 and a 200-day moving average of $196.94. The stock has a market capitalization of $151.39 billion, a PE ratio of 106.17, a P/E/G ratio of 1.12 and a beta of 0.83. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (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 period in the previous year, the company earned $1.20 EPS. The business’s quarterly 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, analysts anticipate that Welltower will post 6.29 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup upped their price target on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Wells Fargo & Company upped their price objective on shares of Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a research report on Thursday, March 26th. Mizuho upped their price objective on shares of Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. Scotiabank upped their price objective on shares of Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a research report on Monday, March 2nd. Finally, Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $228.53.

Welltower Company Profile

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.