Analysts Set Welltower Inc. (NYSE:WELL) Target Price at $192.73

Shares of Welltower Inc. (NYSE:WELL) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $193.9333.

Several equities research analysts have recently commented on the stock. National Bankshares set a $246.00 price objective on shares of Welltower in a research note on Friday, October 17th. Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. Morgan Stanley boosted their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Evercore ISI raised their price objective on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Finally, Wells Fargo & Company upped their target price on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday.

Welltower Stock Up 0.9%

Welltower stock opened at $206.33 on Friday. Welltower has a 1-year low of $123.11 and a 1-year high of $207.01. The business has a fifty day moving average price of $181.22 and a 200-day moving average price of $166.42. 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 stock has a market capitalization of $141.61 billion, a price-to-earnings ratio of 142.30, a PEG ratio of 1.93 and a beta of 0.92.

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

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend payout ratio is 204.14%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WELL. Vanguard Group Inc. grew its position in Welltower by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after purchasing an additional 3,991,896 shares during the period. Capital International Investors lifted its holdings in shares of Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after buying an additional 1,842,934 shares during the period. State Street Corp boosted its stake in shares of Welltower by 4.1% in the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after buying an additional 1,637,665 shares during the last quarter. Norges Bank acquired a new stake in Welltower during the second quarter worth about $4,903,554,000. Finally, Wellington Management Group LLP raised its position 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 valued at $3,261,792,000 after acquiring an additional 2,614,562 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

About Welltower

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.