Welltower (WELL) Stock Price, News & Analysis

Company Overview

Welltower Inc. (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

Key Stats

• Today's Range: $123.05 to $126.30
• 50-Day Range: $104.20 to $129.75
• 52-Week Range: $78.38 to $131.31
• Volume: 10.56 million shs
• Average Volume: 2.74 million shs
• Market Capitalization: $74.90 billion
• P/E Ratio: 154.65
• Dividend Yield: 2.14%
• Price Target: $112.38
• Consensus Rating: Moderate Buy

Welltower Stock Analysis - MarketRank™

Welltower scored higher than 87% of companies evaluated by MarketBeat, and ranked 213th out of 903 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Welltower has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Welltower has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.98%

Earnings Growth

Earnings for Welltower are expected to grow by 10.98% in the coming year, from $4.19 to $4.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Welltower is 154.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Welltower is 154.60, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.91.

Price to Earnings Growth Ratio

Welltower has a PEG Ratio of 2.97. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Welltower has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.84% of the outstanding shares of Welltower have been sold short.

Short Interest Ratio / Days to Cover

Welltower has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Welltower has recently increased by 13.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Welltower pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Welltower does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Welltower is 330.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Welltower will have a dividend payout ratio of 57.63% next year. This indicates that Welltower will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -3.13

Percentage of Shares Shorted

1.84% of the outstanding shares of Welltower have been sold short.

Short Interest Ratio / Days to Cover

Welltower has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Welltower has recently increased by 13.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

Welltower has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Welltower this week, compared to 9 articles on an average week.

Search Interest

16 people have searched for WELL on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Welltower to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Welltower insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.12% of the stock of Welltower is held by insiders.

Percentage Held by Institutions

94.80% of the stock of Welltower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WELL Stock Analysis - Frequently Asked Questions

How have WELL shares performed this year?

Welltower's stock was trading at $90.17 at the beginning of the year. Since then, WELL stock has increased by 38.9% and is now trading at $125.23.
View the best growth stocks for 2024 here.

How were Welltower's earnings last quarter?

Welltower Inc. (NYSE:WELL) announced its earnings results on Monday, July, 29th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.08. The business's revenue was up 9.6% on a year-over-year basis.
Read the conference call transcript.

Who are Welltower's major shareholders?

Welltower's top institutional investors include Principal Financial Group Inc. (2.08%), Legal & General Group Plc (1.40%), Dimensional Fund Advisors LP (1.31%) and Daiwa Securities Group Inc. (1.18%).
View institutional ownership trends.

How do I buy shares of Welltower?

Shares of WELL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Welltower own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Welltower investors own include AT&T (T), Verizon Communications (VZ), Ventas (VTR), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 7/29/2024
• Ex-Dividend for 8/21 Dividend: 8/12/2024
• Dividend Payable: 8/21/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:WELL
• CUSIP: 42217K10
• CIK: 766704
• Web: www.welltower.com
• Phone: (419) 247-2800
• Fax: 419-247-2826
• Employees: 510
• Year Founded: 1970

Price Target and Rating

• Average Stock Price Target: $112.38
• High Stock Price Target: $137.00
• Low Stock Price Target: $99.00
• Potential Upside/Downside: -10.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 155.60
• Forward P/E Ratio: 30.08
• P/E Growth: 2.97
• Net Income: $340.09 million
• Net Margins: 8.36%
• Pretax Margin: 5.51%
• Return on Equity: 2.21%
• Return on Assets: 1.35%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 4.07
• Quick Ratio: 4.07

Sales & Book Value

• Annual Sales: $6.97 billion
• Price / Sales: 10.82
• Cash Flow: $3.16 per share
• Price / Cash Flow: 39.93
• Book Value: $47.12 per share
• Price / Book: 2.67

Miscellaneous

• Outstanding Shares: 597,916,000
• Free Float: 597,199,000
• Market Cap: $75.36 billion
• Optionable: Optionable
• Beta: 1.21