Equities research analysts expect that Welltower Inc (NYSE:WELL) will report earnings per share of $1.02 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Welltower’s earnings, with the lowest EPS estimate coming in at $0.98 and the highest estimate coming in at $1.05. Welltower reported earnings of $1.08 per share in the same quarter last year, which suggests a negative year over year growth rate of 5.6%. The business is scheduled to announce its next quarterly earnings report before the market opens on Tuesday, October 30th.

According to Zacks, analysts expect that Welltower will report full year earnings of $4.03 per share for the current financial year, with EPS estimates ranging from $3.99 to $4.06. For the next financial year, analysts expect that the company will post earnings of $4.23 per share, with EPS estimates ranging from $4.13 to $4.38. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Welltower.

Welltower (NYSE:WELL) last posted its earnings results on Friday, July 27th. The real estate investment trust reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by ($0.58). The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. Welltower had a return on equity of 4.95% and a net margin of 13.64%. The business’s revenue was up 6.4% on a year-over-year basis.

Several equities analysts recently commented on the company. SunTrust Banks set a $64.00 target price on Welltower and gave the stock a “hold” rating in a research report on Monday, July 30th. TheStreet downgraded Welltower from a “b” rating to a “c+” rating in a research report on Thursday, October 11th. Royal Bank of Canada set a $63.00 target price on Welltower and gave the stock a “hold” rating in a research report on Tuesday, July 31st. Citigroup raised their target price on Welltower to $62.00 and gave the stock a “positive” rating in a research report on Wednesday, June 27th. Finally, Stifel Nicolaus set a $66.00 target price on Welltower and gave the stock a “buy” rating in a research report on Monday, July 30th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $63.00.

Welltower stock opened at $63.46 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.81. The company has a market cap of $23.93 billion, a P/E ratio of 15.07, a P/E/G ratio of 2.71 and a beta of 0.26. Welltower has a one year low of $49.58 and a one year high of $69.80.

A number of institutional investors and hedge funds have recently modified their holdings of the business. We Are One Seven LLC acquired a new stake in shares of Welltower in the 3rd quarter valued at $850,000. Principal Financial Group Inc. acquired a new stake in shares of Welltower in the 1st quarter valued at $308,744,000. Ballast Inc. acquired a new stake in shares of Welltower in the 2nd quarter valued at $228,000. Gilman Hill Asset Management LLC acquired a new stake in shares of Welltower in the 2nd quarter valued at $218,000. Finally, Foundry Partners LLC increased its stake in shares of Welltower by 1,606.7% in the 2nd quarter. Foundry Partners LLC now owns 140,134 shares of the real estate investment trust’s stock valued at $8,785,000 after buying an additional 131,923 shares during the period. Hedge funds and other institutional investors own 84.90% of the company’s stock.

About Welltower

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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