Welltower Inc (NYSE:WELL) Expected to Announce Earnings of $1.05 Per Share

Wall Street analysts expect Welltower Inc (NYSE:WELL) to post earnings per share (EPS) of $1.05 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Welltower’s earnings, with the lowest EPS estimate coming in at $1.03 and the highest estimate coming in at $1.07. Welltower posted earnings per share of $1.01 during the same quarter last year, which indicates a positive year-over-year growth rate of 4%. The company is expected to issue its next quarterly earnings report on Tuesday, February 11th.

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On average, analysts expect that Welltower will report full year earnings of $4.15 per share for the current financial year, with EPS estimates ranging from $4.02 to $4.18. For the next fiscal year, analysts forecast that the company will post earnings of $4.34 per share, with EPS estimates ranging from $4.28 to $4.42. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Welltower.

Several analysts have recently commented on WELL shares. Stifel Nicolaus lifted their price target on shares of Welltower from $87.00 to $93.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Barclays lowered shares of Welltower from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $88.00 to $93.00 in a research report on Tuesday, October 1st. They noted that the move was a valuation call. Morgan Stanley lifted their price target on shares of Welltower from $91.00 to $95.00 and gave the company an “overweight” rating in a research report on Tuesday, September 17th. BMO Capital Markets reaffirmed a “buy” rating and set a $86.00 price target on shares of Welltower in a research report on Monday, August 5th. Finally, Wood & Company reaffirmed an “average” rating on shares of Welltower in a research report on Thursday, August 22nd. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Welltower has an average rating of “Hold” and a consensus target price of $82.66.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Duncker Streett & Co. Inc. raised its holdings in Welltower by 27.6% during the second quarter. Duncker Streett & Co. Inc. now owns 591 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 128 shares in the last quarter. Wealthstreet Investment Advisors LLC grew its position in Welltower by 1.6% during the second quarter. Wealthstreet Investment Advisors LLC now owns 9,704 shares of the real estate investment trust’s stock worth $791,000 after buying an additional 150 shares during the period. Covington Capital Management grew its position in Welltower by 15.6% during the second quarter. Covington Capital Management now owns 1,113 shares of the real estate investment trust’s stock worth $91,000 after buying an additional 150 shares during the period. Optimum Investment Advisors grew its position in Welltower by 5.7% during the third quarter. Optimum Investment Advisors now owns 2,870 shares of the real estate investment trust’s stock worth $260,000 after buying an additional 155 shares during the period. Finally, Asset Dedication LLC grew its position in Welltower by 29.6% during the second quarter. Asset Dedication LLC now owns 709 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 162 shares during the period. 89.18% of the stock is currently owned by institutional investors.

WELL stock opened at $82.88 on Monday. The firm has a market cap of $34.67 billion, a PE ratio of 20.57, a PEG ratio of 4.58 and a beta of 0.18. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.85 and a current ratio of 1.85. The firm’s 50 day moving average price is $89.85 and its 200-day moving average price is $84.97. Welltower has a one year low of $65.94 and a one year high of $93.17.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Tuesday, November 12th. Welltower’s payout ratio is 86.35%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

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Earnings History and Estimates for Welltower (NYSE:WELL)

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