Welltower Inc (NYSE:WELL) – Stock analysts at Jefferies Financial Group increased their Q4 2018 EPS estimates for Welltower in a research report issued on Monday, December 3rd. Jefferies Financial Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings of $1.06 per share for the quarter, up from their prior estimate of $1.02. Jefferies Financial Group also issued estimates for Welltower’s Q1 2020 earnings at $1.08 EPS, Q2 2020 earnings at $1.11 EPS and Q3 2020 earnings at $1.12 EPS.
Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, October 30th. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.85). The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.16 billion. Welltower had a net margin of 12.99% and a return on equity of 4.86%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 earnings per share.
WELL stock opened at $72.65 on Tuesday. The company has a market capitalization of $27.17 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 3.03 and a beta of 0.25. Welltower has a 12 month low of $49.58 and a 12 month high of $72.66. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.93.
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Monday, November 12th were given a dividend of $0.87 per share. The ex-dividend date was Friday, November 9th. This represents a $3.48 dividend on an annualized basis and a yield of 4.79%. Welltower’s dividend payout ratio (DPR) is currently 82.66%.
A number of hedge funds and other institutional investors have recently made changes to their positions in WELL. Millennium Management LLC acquired a new stake in Welltower during the first quarter worth approximately $785,000. American Research & Management Co. acquired a new stake in Welltower during the third quarter worth approximately $498,000. CENTRAL TRUST Co boosted its position in Welltower by 24.1% during the third quarter. CENTRAL TRUST Co now owns 90,966 shares of the real estate investment trust’s stock worth $5,851,000 after acquiring an additional 17,677 shares during the last quarter. BTR Capital Management Inc. acquired a new stake in Welltower during the third quarter worth approximately $491,000. Finally, We Are One Seven LLC purchased a new position in Welltower during the third quarter worth approximately $850,000. Hedge funds and other institutional investors own 88.54% of the company’s stock.
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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