Welltower (NYSE:WELL) Hits New 52-Week High – Time to Buy?

Welltower Inc. (NYSE:WELL) reached a new 52-week high during trading on Tuesday . The stock traded as high as $229.00 and last traded at $228.8650, with a volume of 517842 shares traded. The stock had previously closed at $227.73.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WELL shares. UBS Group raised their price target on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Wells Fargo & Company increased 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. Jefferies Financial Group raised their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Finally, Mizuho set a $239.00 target price on Welltower in a research note on Friday, May 22nd. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average target price of $230.25.

Welltower Price Performance

The business’s 50-day simple moving average is $212.11 and its 200 day simple moving average is $202.26. The company has a market capitalization of $162.16 billion, a P/E ratio of 113.71, a P/E/G ratio of 1.17 and a beta of 0.79. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm posted $1.20 earnings per share. The business’s revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 1.3%. Welltower’s dividend payout ratio (DPR) is 146.53%.

Institutional Trading of Welltower

Several institutional investors have recently modified their holdings of the company. Leonteq Securities AG raised its position in Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Marquette Asset Management LLC boosted its position in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Swiss RE Ltd. bought a new position in shares of Welltower during the 4th quarter valued at about $29,000. Finally, Financial Consulate Inc. bought a new stake in shares of Welltower in the 4th quarter worth approximately $34,000. 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.