Welltower Inc. (NYSE:WELL) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Welltower Inc. has received a consensus rating of "Moderate Buy" from analysts, with the average price target set at $180.62.
• The company reported a 39.6% year-over-year increase in quarterly revenue, amounting to $2.55 billion, alongside an EPS of $1.28 that surpassed analyst expectations.
• Welltower recently increased its quarterly dividend to $0.74 per share, up from $0.67, representing an annualized yield of 1.7%.

Shares of Welltower Inc. (NYSE:WELL - Get Free Report) have received an average recommendation of "Moderate Buy" from the thirteen brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $180.6154.

WELL has been the subject of several recent research reports. Evercore ISI boosted their price target on shares of Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. KeyCorp boosted their price target on shares of Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, September 23rd. Raymond James Financial restated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Scotiabank boosted their price target on shares of Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. Finally, Cantor Fitzgerald initiated coverage on shares of Welltower in a report on Wednesday. They issued an "overweight" rating and a $195.00 price target for the company.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WELL. Norges Bank bought a new position in shares of Welltower during the 2nd quarter worth approximately $4,903,554,000. Nuveen LLC bought a new position in shares of Welltower during the 1st quarter worth approximately $762,204,000. Price T Rowe Associates Inc. MD raised its stake in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust's stock worth $1,367,226,000 after acquiring an additional 2,622,384 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Welltower by 14.0% during the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock worth $3,261,792,000 after acquiring an additional 2,614,562 shares in the last quarter. Finally, State Street Corp increased its stake in Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust's stock valued at $6,090,212,000 after purchasing an additional 1,740,196 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

WELL stock opened at $175.65 on Friday. Welltower has a 12 month low of $122.34 and a 12 month high of $180.40. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $167.78 and a 200 day moving average price of $156.47. The stock has a market cap of $117.48 billion, a PE ratio of 99.24, a P/E/G ratio of 2.02 and a beta of 0.92.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter last year, the business posted $1.05 EPS. The firm's revenue for the quarter was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts anticipate that Welltower will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. Welltower's dividend payout ratio (DPR) is presently 167.23%.

Welltower Company Profile

Welltower Inc NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.