Welltower (NYSE:WELL) Price Target Raised to $236.00 at Scotiabank

Welltower (NYSE:WELL) had its price target hoisted by stock analysts at Scotiabank from $214.00 to $236.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “sector outperform” rating on the real estate investment trust’s stock. Scotiabank’s target price points to a potential upside of 12.80% from the stock’s current price.

WELL has been the subject of several other research reports. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. Wells Fargo & Company raised their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Citigroup boosted their target price on shares of Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Morgan Stanley lifted their price target on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $220.36.

Welltower Trading Up 1.0%

Shares of WELL traded up $2.11 during trading hours on Monday, hitting $209.23. 1,447,744 shares of the stock were exchanged, compared to its average volume of 3,206,770. Welltower has a fifty-two week low of $130.29 and a fifty-two week high of $216.43. The business has a 50-day moving average of $193.31 and a 200-day moving average of $184.69. The firm has a market capitalization of $145.99 billion, a P/E ratio of 149.42, a price-to-earnings-growth ratio of 1.43 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter in the previous year, the business earned $1.13 earnings per share. Welltower’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, research analysts expect that Welltower will post 4.88 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after buying an additional 279 shares in the last quarter. Empowered Funds LLC increased its position in shares of Welltower by 31.7% during the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after acquiring an additional 3,564 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Welltower by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after acquiring an additional 127 shares during the period. Wakefield Asset Management LLLP purchased a new position in Welltower in the second quarter worth $424,000. Finally, State of Michigan Retirement System grew its stake in Welltower by 2.2% in the 2nd quarter. State of Michigan Retirement System now owns 168,909 shares of the real estate investment trust’s stock valued at $25,966,000 after purchasing an additional 3,600 shares during the period. 94.80% of the stock is owned by institutional investors.

Welltower Company Profile

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.