Welltower (HCN) Getting Somewhat Favorable Press Coverage, Study Finds

Headlines about Welltower (NYSE:HCN) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Welltower earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.4398587214403 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment’s analysis:

HCN has been the topic of a number of analyst reports. Capital One Financial upgraded Welltower from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, November 8th. Bank of America cut Welltower to a “neutral” rating and reduced their price objective for the stock from $78.00 to $77.00 in a report on Friday, September 22nd. Stifel Nicolaus reduced their price objective on Welltower from $75.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 3rd. KeyCorp reissued a “hold” rating on shares of Welltower in a report on Tuesday, October 17th. Finally, Mizuho reissued a “hold” rating and issued a $67.00 price target on shares of Welltower in a report on Monday, December 11th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $72.08.

Welltower (HCN) traded up $0.85 during mid-day trading on Wednesday, reaching $60.11. The company’s stock had a trading volume of 4,695,959 shares, compared to its average volume of 2,260,000. Welltower has a 1 year low of $58.98 and a 1 year high of $78.17. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.76 and a current ratio of 1.76. The stock has a market capitalization of $22,170.00, a P/E ratio of 52.73, a PEG ratio of 3.92 and a beta of 0.25.

Welltower (NYSE:HCN) last issued its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.03. Welltower had a return on equity of 7.45% and a net margin of 22.67%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the business earned $1.16 earnings per share. The company’s revenue was up 1.1% compared to the same quarter last year. equities analysts predict that Welltower will post 4.24 earnings per share for the current fiscal year.

In other Welltower news, Director Gary Whitelaw purchased 1,420 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were acquired at an average price of $68.39 per share, for a total transaction of $97,113.80. Following the completion of the purchase, the director now owns 1,420 shares in the company, valued at approximately $97,113.80. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

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Welltower Company Profile

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Insider Buying and Selling by Quarter for Welltower (NYSE:HCN)

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