Welltower (NYSE:WELL) Hits New 12-Month High – Should You Buy?

Welltower Inc. (NYSE:WELL) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $247.45 and last traded at $246.5860, with a volume of 2550233 shares trading hands. The stock had previously closed at $244.84.

Analysts Set New Price Targets

WELL has been the topic of several recent research reports. Raymond James Financial assumed coverage on Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target on the stock. Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Barclays initiated coverage on shares of Welltower in a report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price on the stock. UBS Group upped their target price on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, Wells Fargo & Company increased their price target on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $235.89.

Welltower Price Performance

The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $174.49 billion, a PE ratio of 122.37, a P/E/G ratio of 1.20 and a beta of 0.77. The firm has a 50 day moving average of $220.98 and a two-hundred day moving average of $208.54.

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

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued 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 1.2%. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

Hedge Funds Weigh In On Welltower

Hedge funds have recently bought and sold shares of the company. Leonteq Securities AG raised its holdings 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 buying an additional 60 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares in the last quarter. Marquette Asset Management LLC grew its holdings 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 valued at $28,000 after buying an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new stake in shares of Welltower during the fourth quarter valued at approximately $29,000. Finally, Quarry LP bought a new stake in shares of Welltower during the third quarter valued at approximately $33,000. Institutional investors own 94.80% of the company’s stock.

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.