Brokerages Set Welltower Inc. (NYSE:WELL) Price Target at $229.67

Shares of Welltower Inc. (NYSE:WELL) have been assigned an average recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $231.00.

A number of analysts have weighed in on WELL shares. Wells Fargo & Company raised their price target on Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a research note on Thursday, March 26th. Scotiabank lifted their target price on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research report on Thursday. Jefferies Financial Group lifted their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald lifted their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, UBS Group lifted their target price on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th.

Welltower Stock Up 0.1%

Welltower stock opened at $216.31 on Friday. Welltower has a 1-year low of $147.49 and a 1-year high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The stock has a market cap of $152.70 billion, a PE ratio of 107.09, a P/E/G ratio of 1.12 and a beta of 0.83. The stock’s fifty day moving average is $208.17 and its two-hundred day moving average is $199.71.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm earned $1.20 earnings per share. Welltower’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts expect that Welltower will post 6.28 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s payout ratio is 146.53%.

Institutional Trading of Welltower

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its position in shares of Welltower by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after purchasing an additional 49 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Welltower by 0.7% during the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 50 shares in the last quarter. KCM Investment Advisors LLC increased its position in shares of Welltower by 3.2% during the fourth quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock worth $311,000 after purchasing an additional 52 shares in the last quarter. RFG Bristol Wealth Advisors LLC increased its position in shares of Welltower by 0.6% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 8,107 shares of the real estate investment trust’s stock worth $1,603,000 after purchasing an additional 52 shares in the last quarter. Finally, CYBER HORNET ETFs LLC increased its position in shares of Welltower by 3.5% during the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock worth $282,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.