Brokerages Set Welltower Inc. (NYSE:WELL) Target Price at $235.89

Welltower Inc. (NYSE:WELL) has been given an average rating of “Moderate Buy” by the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $242.9444.

A number of brokerages have recently commented on WELL. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Citigroup lifted their target price on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research note on Friday. UBS Group upped their price target on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Wells Fargo & Company upped their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Barclays initiated coverage on shares of Welltower in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 target price on the stock.

Welltower Trading Up 0.2%

NYSE:WELL opened at $235.99 on Thursday. The company’s 50 day moving average is $224.25 and its 200-day moving average is $210.78. The company has a quick ratio of 4.31, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower has a 12 month low of $161.26 and a 12 month high of $255.20. The firm has a market cap of $170.09 billion, a price-to-earnings ratio of 108.25, a P/E/G ratio of 1.14 and a beta of 0.77.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the prior year, the company posted $1.28 earnings per share. Welltower’s quarterly revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities analysts anticipate that Welltower will post 6.4 EPS for the current year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be paid a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is currently 135.78%.

Institutional Investors Weigh In On Welltower

Several large investors have recently modified their holdings of WELL. Leonteq Securities AG increased its stake in Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Marquette Asset Management LLC raised its position in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 59 shares in the last quarter. Swiss RE Ltd. bought a new stake in shares of Welltower in the 4th quarter valued at about $29,000. Finally, Allied Private Wealth LLC bought a new stake in Welltower in the second quarter valued at approximately $41,000. 94.80% of the stock is currently owned by institutional investors.

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.