Welltower (NYSE:WELL) Releases FY20 Earnings Guidance

Welltower (NYSE:WELL) updated its FY20 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $4.20-4.30 for the period, compared to the Thomson Reuters consensus estimate of $4.29. Welltower also updated its FY 2020
After-Hours guidance to 4.20-4.30 EPS.

Several research firms have issued reports on WELL. Morgan Stanley dropped their price target on shares of Welltower from $95.00 to $90.00 and set an overweight rating on the stock in a research report on Wednesday, December 18th. JPMorgan Chase & Co. lowered shares of Welltower from an overweight rating to a neutral rating and dropped their price target for the stock from $90.00 to $84.00 in a research report on Wednesday, December 18th. Evercore ISI raised shares of Welltower from an in-line rating to an outperform rating and set a $89.00 price target on the stock in a research report on Monday, January 6th. Mizuho began coverage on shares of Welltower in a research report on Thursday, December 19th. They set a buy rating and a $92.00 price target on the stock. Finally, Raymond James lowered shares of Welltower to a market weight rating in a research report on Tuesday, January 7th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Welltower currently has an average rating of Hold and a consensus price target of $84.27.

NYSE WELL opened at $87.70 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.84. The firm’s fifty day moving average price is $84.25 and its two-hundred day moving average price is $86.19. Welltower has a 1 year low of $71.18 and a 1 year high of $93.17. The firm has a market capitalization of $35.00 billion, a P/E ratio of 31.66, a price-to-earnings-growth ratio of 5.16 and a beta of 0.18.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.25. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. Welltower had a net margin of 21.98% and a return on equity of 7.58%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share. On average, research analysts anticipate that Welltower will post 4.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be given a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Friday, February 21st. Welltower’s payout ratio is presently 86.35%.

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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Earnings History and Estimates for Welltower (NYSE:WELL)

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