Welltower Inc. (WELL) To Go Ex-Dividend on August 12th

Welltower Inc. (NYSE:WELL) announced a quarterly dividend on Monday, July 27th. Shareholders of record on Wednesday, August 12th will be paid a dividend of 0.85 per share by the real estate investment trust on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. This is a 14.9% increase from Welltower’s previous quarterly dividend of $0.74.

Welltower has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Welltower has a dividend payout ratio of 145.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Welltower to earn $7.35 per share next year, which means the company should continue to be able to cover its $3.40 annual dividend with an expected future payout ratio of 46.3%.

Welltower Price Performance

WELL opened at $237.37 on Monday. The company has a market capitalization of $171.08 billion, a price-to-earnings ratio of 108.88, a PEG ratio of 1.14 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower has a 12-month low of $161.26 and a 12-month high of $255.20. The business’s fifty day simple moving average is $226.44 and its 200-day simple moving average is $212.55.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the company earned $1.28 earnings per share. The firm’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities research analysts anticipate that Welltower will post 6.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Jefferies Financial Group boosted their price objective on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Raymond James Financial assumed coverage on Welltower in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 target price on the stock. Evercore reiterated an “outperform” rating and issued a $260.00 price target on shares of Welltower in a report on Thursday, July 30th. Finally, Mizuho raised their price target on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

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.