Welltower (WELL) Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welltower in the last twelve months. There are currently 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WELL shares.
View WELL analyst ratings or view top-rated stocks.

15 equities research analysts have issued 12-month price targets for Welltower's shares. Their WELL share price forecasts range from $66.00 to $93.00. On average, they expect the company's share price to reach $81.19 in the next year. This suggests a possible upside of 0.1% from the stock's current price.
View analysts price targets for WELL or view top-rated stocks among Wall Street analysts.

Welltower's stock was trading at $65.55 at the beginning of the year. Since then, WELL stock has increased by 23.7% and is now trading at $81.10.
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Welltower saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 15,480,000 shares, an increase of 18.3% from the April 30th total of 13,080,000 shares. Based on an average trading volume of 2,330,000 shares, the short-interest ratio is currently 6.6 days.
View Welltower's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our WELL earnings forecast.

Welltower Inc. (NYSE:WELL) released its quarterly earnings results on Tuesday, May, 2nd. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.82 by $0.77. The real estate investment trust had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.57 billion. Welltower had a trailing twelve-month return on equity of 0.51% and a net margin of 1.74%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.82 earnings per share.
Read the conference call transcript.

Welltower declared a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.61 per share on Tuesday, May 23rd. This represents a $2.44 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend is Monday, May 15th.
Read our dividend analysis for WELL.

ETFs with the largest weight of Welltower (NYSE:WELL) stock in their portfolio include iShares Residential and Multisector Real Estate ETF (REZ), Janus Henderson U.S. Real Estate ETF (JRE), ETFB Green SRI REITs ETF (RITA), Residential REIT ETF (HAUS), Fidelity Real Estate Investment ETF (FPRO), ALPS Active REIT ETF (REIT), Principal Real Estate Active Opportunities ETF (BYRE) and iShares Cohen & Steers REIT ETF (ICF).

Welltower (NYSE:WELL) pays an annual dividend of $2.44 per share and currently has a dividend yield of 3.03%. The dividend payout ratio is 1,060.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WELL will have a dividend payout ratio of 63.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WELL.

Welltower updated its FY23 earnings guidance on Tuesday, June, 6th. The company provided earnings per share guidance of $3.43-3.56 for the period, compared to the consensus estimate of $3.49.

1 employees have rated Welltower Chief Executive Officer Shankh Mitra on Glassdoor.com. Shankh Mitra has an approval rating of 100% among the company's employees. This puts Shankh Mitra in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

Welltower trades on the New York Stock Exchange (NYSE) under the ticker symbol "WELL."

Welltower's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.16%), State Street Corp (6.20%), Wellington Management Group LLP (4.72%), FMR LLC (3.30%), Geode Capital Management LLC (2.17%) and Principal Financial Group Inc. (2.08%).
View institutional ownership trends.

Shares of WELL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WELL stock can currently be purchased for approximately $81.10.

Welltower (NYSE:WELL) has a market capitalization of $40.31 billion and generates $5.86 billion in revenue each year. The real estate investment trust earns $141.21 million in net income (profit) each year or $0.23 on an earnings per share basis.

The company employs 464 workers across the globe.

Welltower's mailing address is 4500 DORR STREET, TOLEDO OH, 43615. The official website for the company is www.welltower.com. The real estate investment trust can be reached via phone at (419) 247-2800, via email at sestes@welltower.com, or via fax at 419-247-2826.