Wells Fargo & Company Issues Positive Forecast for Welltower (NYSE:WELL) Stock Price

Welltower (NYSE:WELL) had its target price upped by Wells Fargo & Company from $218.00 to $228.00 in a report issued on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the real estate investment trust’s stock.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada upped their target price on shares of Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Mizuho upped their price objective on Welltower from $216.00 to $231.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. UBS Group set a $240.00 target price on Welltower in a report on Thursday, February 12th. Citigroup lifted their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 price target on shares of Welltower in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.43.

Welltower Stock Down 0.7%

WELL stock opened at $195.26 on Thursday. The company has a market cap of $136.24 billion, a price-to-earnings ratio of 139.47, a P/E/G ratio of 1.35 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The business’s 50-day moving average is $200.00 and its two-hundred day moving average is $189.52. Welltower has a fifty-two week low of $130.29 and a fifty-two week high of $216.43.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the previous year, the company posted $1.13 EPS. The business’s quarterly revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, analysts forecast that Welltower will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 211.43%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Hager Investment Management Services LLC raised its position in shares of Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares during the last quarter. Marquette Asset Management LLC boosted its position in shares of 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 during the last quarter. Swiss RE Ltd. bought a new position in shares of Welltower during the fourth quarter worth $29,000. Financial Consulate Inc. purchased a new position in Welltower during the fourth quarter valued at $34,000. Finally, Quarry LP bought a new stake in Welltower in the 3rd quarter valued at $33,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

About Welltower

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.