Analysts Set Welltower Inc. (NYSE:WELL) Target Price at $204.80

Shares of Welltower Inc. (NYSE:WELL) have received a consensus rating of “Moderate Buy” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $204.80.

WELL has been the topic of a number of recent research reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. Scotiabank upped their target price on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. Finally, KeyCorp raised their price objective on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd.

Welltower Stock Performance

NYSE WELL opened at $188.13 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. Welltower has a 1-year low of $125.70 and a 1-year high of $209.05. The business has a 50 day simple moving average of $192.77 and a two-hundred day simple moving average of $176.21. The stock has a market capitalization of $129.12 billion, a PE ratio of 129.75, a P/E/G ratio of 1.34 and a beta of 0.86.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts predict that Welltower will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were given a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Institutional Investors Weigh In On Welltower

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Candriam S.C.A. grew its holdings in shares of Welltower by 2.6% in the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after purchasing an additional 10,584 shares during the last quarter. State Street Corp grew its stake in Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after acquiring an additional 1,740,196 shares in the last quarter. Federated Hermes Inc. increased its position in shares of Welltower by 193.5% during the second quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock worth $30,201,000 after acquiring an additional 129,521 shares during the period. Blue Capital Inc. bought a new stake in shares of Welltower during the second quarter valued at approximately $2,326,000. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Welltower by 15.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock valued at $11,668,000 after purchasing an additional 10,269 shares during the period. 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.