About Welltower (NYSE:HCN)
Welltower Inc. invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties. Its triple-net properties include independent living facilities, independent supportive living facilities (Canada), continuing care retirement communities, assisted living facilities, care homes with and without nursing (the United Kingdom), Alzheimer's/dementia care facilities, long-term/post-acute care facilities and hospitals. Its outpatient medical properties include outpatient medical buildings.
Industry, Sector and Symbol
Industry Healthcare REITs
Trailing P/E Ratio15.92
Forward P/E Ratio16.12
Sales & Book Value
Annual Sales$4.28 billion
Price / Sales5.90
Cash Flow$5.48 per share
Price / Cash12.45
Book Value$39.22 per share
Price / Book1.74
Net Income$1.08 billion
Return on Equity2.07%
Return on Assets1.20%
Frequently Asked Questions for Welltower (NYSE:HCN)
What is Welltower's stock symbol?
Welltower trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCN."
How often does Welltower pay dividends? What is the dividend yield for Welltower?
Welltower declared a quarterly dividend on Thursday, October 26th. Investors of record on Tuesday, November 7th will be given a dividend of $0.87 per share on Monday, November 20th. This represents a $3.48 annualized dividend and a yield of 5.10%. The ex-dividend date is Monday, November 6th. View Welltower's Dividend History.
How were Welltower's earnings last quarter?
Welltower Inc. (NYSE:HCN) issued its quarterly earnings data on Tuesday, November, 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.05 by $0.03. The real estate investment trust earned $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. Welltower had a net margin of 7.72% and a return on equity of 2.07%. The firm's quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.16 earnings per share. View Welltower's Earnings History.
When will Welltower make its next earnings announcement?
What guidance has Welltower issued on next quarter's earnings?
Welltower updated its FY17 earnings guidance on Tuesday, November, 7th. The company provided earnings per share (EPS) guidance of $4.19-4.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.19.
Where is Welltower's stock going? Where will Welltower's stock price be in 2017?
16 analysts have issued 12 month price objectives for Welltower's shares. Their predictions range from $62.00 to $86.00. On average, they anticipate Welltower's share price to reach $73.00 in the next year. View Analyst Ratings for Welltower.
Who are some of Welltower's key competitors?
Some companies that are related to Welltower include Ventas (VTR), HCP (HCP), Healthcare Trust of America (HTA), Omega Healthcare Investors (OHI), Medical Properties Trust (MPW), Healthcare Realty Trust Incorporated (HR), Sabra Healthcare REIT (SBRA), Physicians Realty Trust (DOC), National Health Investors (NHI), Care Capital Properties (CCP), LTC Properties (LTC), Aviv REIT (AVIV), CareTrust REIT (CTRE), Assura Plc (AGR), Universal Health Realty Income Trust (UHT), Primary Health Properties PLC (PHP), Community Healthcare Trust Incorporated (CHCT) and MedEquities Realty Trust (MRT).
Who are Welltower's key executives?
Welltower's management team includes the folowing people:
- Jeffrey H. Donahue, Independent Chairman of the Board (Age 71)
- Thomas J. DeRosa, Chief Executive Officer, Director (Age 59)
- John Goodey, Chief Financial Officer, Executive Vice President
- MERCEDES T. KERR, Executive Vice President - Business & Relationship Management (Age 48)
- Matthew Grant McQueen, Senior Vice President, General Counsel, Corporate Secretary (Age 44)
- SHANKH MITRA, Senior Vice President - Finance & Investments (Age 36)
- Gary Whitelaw, Director
- Kenneth J. Bacon, Independent Director (Age 62)
- Fred S. Klipsch, Independent Director (Age 75)
- Geoffrey G. Meyers, Independent Director (Age 72)
Who owns Welltower stock?
Welltower's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.06%), Dimensional Fund Advisors LP (1.40%), Epoch Investment Partners Inc. (1.38%), Principal Financial Group Inc. (1.37%), PGGM Investments (1.29%) and Schwab Charles Investment Management Inc. (0.90%). Company insiders that own Welltower stock include Erin C Ibele, Fred S Klipsch, Gary Whitelaw, Jeffrey H Miller, Paul D Nungester Jr, Scott A Estes, Scott M Brinker, Thomas J Derosa and Timothy J Naughton. View Institutional Ownership Trends for Welltower.
Who sold Welltower stock? Who is selling Welltower stock?
Welltower's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Macquarie Group Ltd., TCW Group Inc., Nationwide Fund Advisors, Foundry Partners LLC, Epoch Investment Partners Inc., Dai Ichi Life Insurance Company Ltd and AEW Capital Management L P. Company insiders that have sold Welltower company stock in the last year include Fred S Klipsch and Paul D Nungester Jr. View Insider Buying and Selling for Welltower.
Who bought Welltower stock? Who is buying Welltower stock?
Welltower's stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Cohen & Steers Inc., Bank of New York Mellon Corp, Prudential Financial Inc., Adelante Capital Management LLC, Schwab Charles Investment Management Inc., Stevens Capital Management LP and Janus Henderson Group PLC. Company insiders that have bought Welltower stock in the last two years include Gary Whitelaw, Thomas J Derosa and Timothy J Naughton. View Insider Buying and Selling for Welltower.
How do I buy Welltower stock?
Shares of Welltower can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Welltower's stock price today?
One share of Welltower stock can currently be purchased for approximately $68.17.
How big of a company is Welltower?
Welltower has a market capitalization of $25.10 billion and generates $4.28 billion in revenue each year. The real estate investment trust earns $1.08 billion in net income (profit) each year or $1.14 on an earnings per share basis. Welltower employs 466 workers across the globe.
How can I contact Welltower?
Welltower's mailing address is 4500 Dorr St, TOLEDO, OH 43615-4040, United States. The real estate investment trust can be reached via phone at +1-419-2472800 or via email at [email protected]
MarketBeat Community Rating for Welltower (HCN)MarketBeat's community ratings are surveys of what our community members think about Welltower and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Welltower (NYSE:HCN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 8 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$73.00 (7.09% upside)|
Consensus Price Target History for Welltower (NYSE:HCN)
Analysts' Ratings History for Welltower (NYSE:HCN)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/8/2017||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||N/A|
|11/3/2017||Stifel Nicolaus||Lower Price Target||Buy||$75.00 -> $74.00||N/A|
|10/10/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$74.00||N/A|
|10/3/2017||Jefferies Group LLC||Reiterated Rating||Hold||$72.00||Medium|
|9/22/2017||Bank of America Corporation||Downgrade||Neutral||$78.00 -> $77.00||Low|
|7/28/2017||BMO Capital Markets||Reiterated Rating||Sell||$68.00||Low|
|5/15/2017||Canaccord Genuity||Reiterated Rating||Buy||$86.00||Low|
|4/24/2017||Evercore ISI||Downgrade||In-Line -> Underperform||Medium|
|4/3/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$71.00 -> $72.00||Low|
|3/20/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight||$73.00||Low|
|1/19/2017||SunTrust Banks, Inc.||Downgrade||Buy -> Hold||$80.00 -> $72.00||N/A|
|1/9/2017||Barclays PLC||Reiterated Rating||Buy||$73.00||N/A|
|1/5/2017||Mitsubishi UFJ Financial Group||Upgrade||Neutral -> Overweight||$65.00 -> $72.00||N/A|
|12/13/2016||Wells Fargo & Co||Downgrade||Outperform -> Market Perform||N/A|
|11/3/2016||S&P Equity Research||Reiterated Rating||Positive||N/A|
|8/25/2016||BTIG Research||Initiated Coverage||Neutral||N/A|
|8/11/2016||Citigroup Inc.||Boost Price Target||Neutral||$73.00 -> $80.00||N/A|
|8/2/2016||Hilliard Lyons||Downgrade||Neutral -> Underperform||N/A|
|5/12/2016||Deutsche Bank AG||Boost Price Target||Hold||$62.00 -> $65.00||N/A|
|12/17/2015||Cowen Inc||Lower Price Target||Market Perform||$75.00 -> $71.00||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Neutral||N/A|
Earnings History and Estimates Chart for Welltower (NYSE:HCN)
Earnings History by Quarter for Welltower (NYSE HCN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2017||Q3 2017||$1.05||$1.08||$1.06 billion||$1.09 billion||View||N/A|
|7/28/2017||Q2 2017||$1.05||$1.06||$1.04 billion||$1.06 billion||View||N/A|
|5/5/2017||Q1 2017||$1.05||$1.05||$1.05 billion||$1.06 billion||View||N/A|
|2/22/2017||Q416||$1.08||$1.10||$1.05 billion||$1.08 billion||View||Listen|
|11/2/2016||Q316||$1.15||$1.16||$1.05 billion||$1.08 billion||View||Listen|
|8/2/2016||Q216||$1.14||$1.15||$1.04 billion||$1.08 billion||View||Listen|
|5/3/2016||Q116||$1.12||$1.13||$1.02 billion||$1.05 billion||View||Listen|
|2/18/2016||Q415||$1.12||$1.13||$977.10 million||$1.03 billion||View||Listen|
|10/30/2015||Q315||$1.10||$1.12||$957.93 million||$978.99 million||View||Listen|
|8/4/2015||Q215||$1.08||$1.09||$922.79 million||$957.20 million||View||Listen|
|5/8/2015||Q115||$1.04||$1.04||$893.60 million||$894.20 million||View||Listen|
|2/20/2015||Q414||$1.02||$1.03||$855.44 million||$867.80 million||View||Listen|
|11/4/2014||Q314||$1.03||$1.04||$834.10 million||$847.50 million||View||Listen|
|8/1/2014||Q214||$1.01||$1.06||$807.17 million||$826.45 million||View||Listen|
|5/8/2014||Q114||$0.98||$1.00||$796.68 million||$801.80 million||View||Listen|
|2/19/2014||Q413||$0.97||$0.99||$791.15 million||$788.58 million||View||Listen|
|11/5/2013||Q313||$0.96||$0.97||$635.72 million||$786.93 million||View||Listen|
|8/6/2013||Q213||$0.92||$0.93||$665.74 million||$682.13 million||View||Listen|
|5/7/2013||Q113||$0.91||$0.91||$541.53 million||$633.92 million||View||Listen|
|2/26/2013||Q412||$0.84||$0.85||$497.64 million||$500.66 million||View||Listen|
|11/6/2012||Q312||$0.89||$0.91||$465.97 million||$474.14 million||View||N/A|
Earnings Estimates for Welltower (NYSE:HCN)
2017 EPS Consensus Estimate: $4.36
2018 EPS Consensus Estimate: $4.42
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Welltower (NYSE:HCN)
|Most Recent Dividend:||11/20/2017|
|Dividend Growth:||4.00% (3 Year Average)|
|Payout Ratio:||305.26% (Trailing 12 Months of Earnings) |
82.27% (Based on This Year's Estimates)
79.63% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Welltower (NYSE HCN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Welltower (NYSE HCN)
Insider Ownership Percentage: 0.19%
Institutional Ownership Percentage: 86.34%
Insider Trades by Quarter for Welltower (NYSE HCN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/21/2017||Gary Whitelaw||Director||Buy||1,420||$68.39||$97,113.80|| |
|3/28/2017||Paul D Nungester Jr||Insider||Sell||6,452||$70.26||$453,317.52|| |
|3/8/2017||Fred S Klipsch||Director||Sell||2,606||$67.14||$174,966.84|| |
|11/10/2016||Timothy J Naughton||Director||Buy||2,000||$60.69||$121,380.00|| |
|10/3/2016||Scott A Estes||CFO||Sell||3,192||$74.11||$236,559.12|| |
|9/7/2016||Jeffrey H Miller||COO||Sell||24,777||$78.00||$1,932,606.00|| |
|9/1/2016||Scott A Estes||CFO||Sell||3,192||$76.43||$243,964.56|| |
|8/8/2016||Scott M Brinker||EVP||Sell||18,424||$76.63||$1,411,831.12|| |
|8/1/2016||Scott A Estes||CFO||Sell||3,192||$78.97||$252,072.24|| |
|7/1/2016||Scott A Estes||CFO||Sell||3,193||$76.39||$243,913.27|| |
|6/17/2016||Erin C Ibele||EVP||Sell||1,955||$73.74||$144,161.70|| |
|6/7/2016||Scott A Estes||CFO||Sell||14,790||$70.48||$1,042,399.20|| |
|5/17/2016||Erin C Ibele||EVP||Sell||2,500||$72.10||$180,250.00|| |
|3/31/2016||Fred S Klipsch||Director||Sell||1,953||$68.93||$134,620.29|| |
|3/29/2016||Scott M Brinker||EVP||Sell||1,294||$69.58||$90,036.52|| |
|3/3/2016||Fred S Klipsch||Director||Sell||2,269||$65.75||$149,186.75|| |
|2/23/2016||Thomas J Derosa||CEO||Buy||33,150||$61.19||$2,028,448.50|| |
|12/2/2015||Fred S Klipsch||Director||Sell||1,500||$63.84||$95,760.00|| |
|11/16/2015||Fred S Klipsch||Director||Sell||2,000||$58.95||$117,900.00|| |
|9/15/2015||Fred S Klipsch||Director||Sell||29,521||$63.95||$1,887,867.95|| |
|9/14/2015||Fred S Klipsch||Director||Sell||3,500||$62.82||$219,870.00|| |
|7/20/2015||Erin C Ibele||EVP||Sell||550||$67.14||$36,927.00|| |
|7/15/2015||Jeffrey H Miller||COO||Sell||2,654||$68.13||$180,817.02|| |
|6/15/2015||Jeffrey H Miller||COO||Sell||2,662||$67.83||$180,563.46|| |
|6/10/2015||Charles J Herman Jr||EVP||Sell||1,000||$67.77||$67,770.00|| |
|5/20/2015||Erin C Ibele||EVP||Sell||1,602||$71.68||$114,831.36|| |
|5/15/2015||Jeffrey H Miller||COO||Sell||2,662||$71.40||$190,066.80|| |
|5/11/2015||Charles J Herman Jr||EVP||Sell||1,000||$71.95||$71,950.00|| |
|4/20/2015||Erin C Ibele||EVP||Sell||1,602||$75.26||$120,566.52|| |
|4/15/2015||Jeffrey H Miller||COO||Sell||2,662||$76.13||$202,658.06|| |
|4/15/2015||Scott A Estes||CFO||Sell||3,831||$76.15||$291,730.65|| |
|4/10/2015||Charles J Herman Jr||EVP||Sell||1,000||$76.90||$76,900.00|| |
|3/20/2015||Erin C Ibele||EVP||Sell||1,602||$77.55||$124,235.10|| |
|3/10/2015||Charles J Herman Jr||EVP||Sell||1,000||$74.21||$74,210.00|| |
|3/5/2015||Michael A Crabtree||VP||Sell||1,000||$77.02||$77,020.00|| |
|2/20/2015||Erin C Ibele||EVP||Sell||1,584||$77.74||$123,140.16|| |
|2/10/2015||Charles J Herman Jr||EVP||Sell||1,000||$76.97||$76,970.00|| |
|1/20/2015||Erin C Ibele||EVP||Sell||1,600||$83.83||$134,128.00|| |
|1/16/2015||Charles J Herman Jr||EVP||Sell||20,372||$83.27||$1,696,376.44|| |
|1/15/2015||Jeffrey H Miller||COO||Sell||6,656||$81.93||$545,326.08|| |
|1/12/2015||Charles J Herman Jr||EVP||Sell||1,000||$79.76||$79,760.00|| |
|1/5/2015||Michael A Crabtree||VP||Sell||1,000||$76.71||$76,710.00|| |
|12/22/2014||Erin C Ibele||EVP||Sell||1,600||$77.45||$123,920.00|| |
|12/10/2014||Paul D Nungester Jr||Insider||Sell||4,880||$75.72||$369,513.60|| |
|12/5/2014||Michael A Crabtree||VP||Sell||1,000||$74.76||$74,760.00|| |
|11/17/2014||Scott A Estes||CFO||Sell||3,000||$71.89||$215,670.00|| |
|11/7/2014||Scott M Brinker||EVP||Sell||4,286||$70.84||$303,620.24|| |
|11/5/2014||Michael A Crabtree||VP||Sell||1,000||$72.14||$72,140.00|| |
|10/10/2014||Charles J Herman Jr||EVP||Sell||1,000||$66.46||$66,460.00|| |
|10/9/2014||Erin C Ibele||EVP||Sell||175||$65.00||$11,375.00|| |
|10/6/2014||Michael A Crabtree||VP||Sell||1,000||$63.04||$63,040.00|| |
|9/15/2014||Erin C Ibele||EVP||Sell||790||$63.45||$50,125.50|| |
|9/15/2014||Scott A Estes||CFO||Sell||3,000||$63.45||$190,350.00|| |
|9/10/2014||Charles J Herman Jr||EVP||Sell||1,000||$66.36||$66,360.00|| |
|9/5/2014||Michael A Crabtree||VP||Sell||1,000||$67.41||$67,410.00|| |
|8/19/2014||Michael A Crabtree||VP||Sell||1,000||$65.90||$65,900.00|| |
|8/15/2014||Scott A Estes||CFO||Sell||3,000||$65.69||$197,070.00|| |
|8/11/2014||Charles J Herman Jr||EVP||Sell||1,000||$63.28||$63,280.00|| |
|7/15/2014||Erin C Ibele||VP||Sell||790||$63.03||$49,793.70|| |
|7/15/2014||Scott A Estes||CFO||Sell||3,000||$63.05||$189,150.00|| |
|7/10/2014||Charles J Herman Jr||EVP||Sell||1,000||$63.00||$63,000.00|| |
|6/30/2014||Michael A Crabtree||VP||Sell||2,663||$62.35||$166,038.05|| |
|6/30/2014||Scott A Estes||CFO||Sell||8,616||$62.68||$540,050.88|| |
|6/17/2014||Timothy J Naughton||Director||Buy||2,400||$62.34||$149,616.00|| |
|6/10/2014||Charles J Herman Jr||EVP||Sell||1,000||$63.03||$63,030.00|| |
|4/28/2014||Charles Herman, Jr.||EVP||Sell||4,000||$63.00||$252,000.00|| |
|11/1/2013||Jeffrey H Miller||EVP||Sell||1,156||$65.00||$75,140.00|| |
|10/17/2013||Jeffrey H Miller||EVP||Sell||1,156||$65.00||$75,140.00|| |
|10/15/2013||Scott A Estes||CFO||Sell||2,000||$63.49||$126,980.00|| |
|9/16/2013||Scott Estes||CFO||Sell||4,000||$63.00||$252,000.00|| |
|8/1/2013||Jeffrey H Miller||EVP||Sell||2,699||$64.67||$174,544.33|| |
|7/15/2013||Scott A Estes||CFO||Sell||2,000||$67.39||$134,780.00|| |
|7/1/2013||Jeffrey H Miller||EVP||Sell||2,214||$67.51||$149,467.14|| |
|6/28/2013||R Scott Trumbull||Director||Sell||10,151||$66.91||$679,203.41|| |
|6/17/2013||Scott A Estes||CFO||Sell||2,587||$67.62||$174,932.94|| |
|6/3/2013||George L Chapman||CEO||Sell||21,001||$67.43||$1,416,097.43|| |
|6/3/2013||Jeffrey H Miller||EVP||Sell||2,250||$67.43||$151,717.50|| |
|5/30/2013||Fred S Klipsch||Director||Buy||3,500||$69.60||$243,600.00|| |
|5/15/2013||Scott A Estes||CFO||Sell||2,500||$76.51||$191,275.00|| |
|12/4/2012||Charles J Herman Jr||EVP||Sell||10,000||$59.31||$593,100.00|| |
Latest Headlines for Welltower (NYSE HCN)
Welltower (NYSE HCN) Chart for Friday, November, 24, 2017