Welltower Inc. (NYSE:WELL) Receives $229.67 Average Target Price from Brokerages

Welltower Inc. (NYSE:WELL) has been assigned an average rating of “Moderate Buy” from the fifteen research firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $229.6667.

A number of research analysts have weighed in on the company. Morgan Stanley lifted their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Mizuho lifted their target price on Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. KeyCorp lifted their target price on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Finally, Jefferies Financial Group lifted their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th.

Welltower Trading Up 0.1%

Shares of Welltower stock opened at $218.13 on Friday. Welltower has a 52-week low of $146.65 and a 52-week high of $221.68. The stock’s 50-day simple moving average is $207.79 and its 200 day simple moving average is $199.35. The stock has a market capitalization of $153.98 billion, a P/E ratio of 107.99, a P/E/G ratio of 1.14 and a beta of 0.83. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts anticipate that Welltower will post 6.28 EPS for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th will be issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, May 13th. Welltower’s payout ratio is presently 146.53%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Welltower during the fourth quarter worth about $5,466,264,000. Cardano Risk Management B.V. grew its holdings in shares of Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock worth $1,765,808,000 after purchasing an additional 8,612,016 shares in the last quarter. Capital World Investors grew its holdings in shares of Welltower by 153.0% during the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after purchasing an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Welltower by 4.7% during the third 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 in the last quarter. Finally, Capital International Investors grew its holdings in shares of Welltower by 4.1% during the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 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) 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.