Wall Street analysts forecast that Welltower Inc (NYSE:HCN) will post $1.08 billion in sales for the current quarter, according to Zacks. Three analysts have provided estimates for Welltower’s earnings, with the lowest sales estimate coming in at $1.05 billion and the highest estimate coming in at $1.10 billion. Welltower also reported sales of $1.08 billion in the same quarter last year. The business is expected to report its next earnings report before the market opens on Thursday, February 22nd.
According to Zacks, analysts expect that Welltower will report full-year sales of $1.08 billion for the current financial year, with estimates ranging from $4.18 billion to $4.45 billion. For the next financial year, analysts expect that the business will post sales of $4.39 billion per share, with estimates ranging from $4.20 billion to $4.60 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Welltower.
Several analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. BMO Capital Markets set a $57.00 price target on shares of Welltower and gave the company a “sell” rating in a research report on Monday, January 15th. Mizuho restated a “hold” rating and set a $67.00 price target on shares of Welltower in a research report on Monday, December 11th. ValuEngine upgraded shares of Welltower from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th. Finally, Stephens set a $70.00 price target on shares of Welltower and gave the company a “buy” rating in a research report on Friday, January 12th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $71.62.
Shares of Welltower (NYSE:HCN) opened at $55.79 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.76 and a current ratio of 1.76. Welltower has a 1 year low of $53.00 and a 1 year high of $78.17. The stock has a market cap of $20,662.21, a PE ratio of 22.50, a price-to-earnings-growth ratio of 3.91 and a beta of 0.17.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Tuesday, February 13th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Monday, February 12th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 6.24%. Welltower’s dividend payout ratio is currently 140.32%.
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Welltower Company Profile
Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.
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