Welltower Inc. (NYSE:WELL) Receives $180.62 Consensus Price Target from Analysts

Welltower Inc. (NYSE:WELL) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $180.6154.

A number of equities analysts have recently weighed in on the company. UBS Group started coverage on Welltower in a research note on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective for the company. KeyCorp increased their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Evercore ISI increased their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a report on Saturday, September 27th. Finally, Scotiabank increased their price objective on Welltower from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC grew its stake in Welltower by 3.9% in the first quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock worth $39,536,000 after purchasing an additional 9,678 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Welltower by 55.6% in the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after acquiring an additional 1,076,293 shares during the period. Jump Financial LLC purchased a new position in shares of Welltower in the 1st quarter valued at $1,697,000. Beacon Financial Planning Inc. increased its holdings in shares of Welltower by 6.8% in the 1st quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust’s stock valued at $4,274,000 after acquiring an additional 1,780 shares during the period. Finally, Summit Trail Advisors LLC increased its holdings in shares of Welltower by 61.4% in the 1st quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust’s stock valued at $1,035,000 after acquiring an additional 2,571 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 0.1%

NYSE WELL opened at $175.35 on Friday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower has a twelve month low of $122.34 and a twelve month high of $180.40. The firm has a market capitalization of $117.28 billion, a PE ratio of 99.07, a P/E/G ratio of 1.97 and a beta of 0.92. The stock’s 50 day moving average is $168.05 and its 200 day moving average is $156.76.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Research analysts forecast that Welltower will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.7%. This is an increase from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s payout ratio is currently 167.23%.

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.