Welltower (NYSE:WELL) Earns Buy (B) Rating from Weiss Ratings

Key Points

• Welltower's stock received a "buy" rating from Weiss Ratings, indicating confidence from analysts in its investment potential.
• Multiple firms have recently set new price targets for Welltower, with UBS Group and Cantor Fitzgerald both targeting $195.00, while National Bankshares set a higher target at $246.00.
• Welltower's stock has shown promising performance, trading at $179.51, and it reported a 39.6% year-over-year revenue increase in its latest earnings report.

Welltower (NYSE:WELL - Get Free Report)'s stock had its "buy (b)" rating reiterated by investment analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

Several other research firms have also issued reports on WELL. UBS Group assumed coverage on shares of Welltower in a research report on Friday, September 19th. They set a "buy" rating and a $195.00 price target on the stock. Scotiabank raised their price target on Welltower from $181.00 to $182.00 and gave the company an "outperform" rating in a report on Monday, October 6th. Cantor Fitzgerald initiated coverage on Welltower in a research note on Wednesday, October 1st. They issued an "overweight" rating and a $195.00 price target for the company. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, National Bankshares set a $246.00 target price on shares of Welltower in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $186.43.

Welltower Stock Up 2.0%

WELL stock traded up $3.45 during midday trading on Friday, hitting $179.51. The company's stock had a trading volume of 777,255 shares, compared to its average volume of 2,949,620. The company's fifty day moving average price is $169.75 and its 200 day moving average price is $158.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. Welltower has a twelve month low of $123.11 and a twelve month high of $180.40. The stock has a market capitalization of $120.06 billion, a P/E ratio of 101.14, a PEG ratio of 1.97 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 the consensus estimate of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.49 billion. During the same quarter last year, the company earned $1.05 EPS. Welltower's revenue for the quarter was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities research analysts predict that Welltower will post 4.88 EPS for the current year.

Hedge Funds Weigh In On Welltower

Institutional investors and hedge funds have recently bought and sold shares of the company. SouthState Corp increased its position in Welltower by 704.8% in the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new position in Welltower during the 1st quarter worth approximately $27,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Welltower in the 1st quarter worth approximately $28,000. Global Wealth Strategies & Associates bought a new stake in shares of Welltower in the 3rd quarter valued at $36,000. Finally, Hughes Financial Services LLC acquired a new stake in shares of Welltower during the first quarter worth $31,000. Institutional investors and hedge funds own 94.80% of the company's stock.

About Welltower

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.

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