Welltower Inc. (NYSE:WELL) Receives $232.29 Average PT from Brokerages

Shares of Welltower Inc. (NYSE:WELL) have been given an average rating of “Moderate Buy” by the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $233.50.

A number of analysts recently weighed in on WELL shares. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Scotiabank cut their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Barclays began coverage on shares of Welltower in a research report on Tuesday. They issued an “equal weight” rating and a $254.00 target price on the stock. Finally, Raymond James Financial assumed coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price target for the company.

Welltower Stock Performance

Shares of WELL opened at $237.44 on Friday. Welltower has a 12-month low of $150.53 and a 12-month high of $239.11. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $167.61 billion, a PE ratio of 117.54, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. The stock has a 50-day moving average price of $215.23 and a 200-day moving average price of $204.14.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $3.12 billion. During the same period in the previous year, the firm posted $1.20 EPS. The firm’s 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. As a group, equities analysts forecast that Welltower will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.2%. Welltower’s dividend payout ratio is currently 146.53%.

Institutional Trading of Welltower

A number of institutional investors have recently made changes to their positions in the stock. Leonteq Securities AG increased its stake in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 60 shares during the period. Sound Income Strategies LLC boosted its position in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares during the period. Marquette Asset Management LLC grew its holdings in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new position in shares of Welltower in the fourth quarter valued at about $29,000. Finally, Quarry LP bought a new position in shares of Welltower during the third quarter valued at about $33,000. 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.