Wall Street analysts expect that Welltower Inc. (NYSE:HCN) will announce earnings of $1.05 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Welltower’s earnings. The lowest EPS estimate is $1.02 and the highest is $1.10. Welltower posted earnings per share of $0.91 during the same quarter last year, which would indicate a positive year over year growth rate of 15.4%. The business is scheduled to report its next earnings results on Wednesday, February 28th.

According to Zacks, analysts expect that Welltower will report full-year earnings of $4.24 per share for the current financial year, with EPS estimates ranging from $4.20 to $4.29. For the next financial year, analysts expect that the firm will post earnings of $4.34 per share, with EPS estimates ranging from $4.07 to $4.46. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Welltower.

Welltower (NYSE:HCN) last announced its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.03. Welltower had a return on equity of 7.45% and a net margin of 22.67%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm earned $1.16 earnings per share. Welltower’s revenue was up 1.1% compared to the same quarter last year.

A number of research firms have weighed in on HCN. Bank of America lowered Welltower to a “neutral” rating and lowered their target price for the stock from $78.00 to $77.00 in a report on Friday, September 22nd. Jefferies Group restated a “hold” rating and set a $72.00 target price on shares of Welltower in a report on Tuesday, October 3rd. Mizuho restated a “hold” rating and set a $67.00 target price on shares of Welltower in a report on Monday. Royal Bank of Canada restated a “hold” rating and set a $74.00 target price on shares of Welltower in a report on Wednesday, September 6th. Finally, UBS lowered their target price on Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. Welltower currently has a consensus rating of “Hold” and an average target price of $73.07.

In other Welltower news, Director Gary Whitelaw acquired 1,420 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was purchased at an average price of $68.39 per share, for a total transaction of $97,113.80. Following the acquisition, the director now owns 1,420 shares in the company, valued at approximately $97,113.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Welltower during the 2nd quarter valued at $1,332,000. Oppenheimer Asset Management Inc. increased its position in shares of Welltower by 1.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 219,738 shares of the real estate investment trust’s stock valued at $16,448,000 after acquiring an additional 3,215 shares during the period. Swiss National Bank increased its position in shares of Welltower by 2.7% in the 2nd quarter. Swiss National Bank now owns 1,552,966 shares of the real estate investment trust’s stock valued at $116,240,000 after acquiring an additional 40,200 shares during the period. Intl Fcstone Inc. acquired a new position in shares of Welltower in the 2nd quarter valued at $655,000. Finally, State of Tennessee Treasury Department increased its position in shares of Welltower by 18.4% in the 3rd quarter. State of Tennessee Treasury Department now owns 118,597 shares of the real estate investment trust’s stock valued at $8,335,000 after acquiring an additional 18,447 shares during the period. Hedge funds and other institutional investors own 86.67% of the company’s stock.

Welltower (NYSE:HCN) opened at $65.92 on Tuesday. Welltower has a 52 week low of $63.05 and a 52 week high of $78.17. The stock has a market capitalization of $24,562.06, a P/E ratio of 15.46, a P/E/G ratio of 4.46 and a beta of 0.25. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Tuesday, November 7th were issued a dividend of $0.87 per share. The ex-dividend date was Monday, November 6th. This represents a $3.48 annualized dividend and a dividend yield of 5.28%. Welltower’s dividend payout ratio is presently 140.32%.

WARNING: This story was first posted by American Banking News and is the property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/12/12/brokerages-expect-welltower-inc-hcn-will-post-earnings-of-1-05-per-share-2.html.

About Welltower

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.

Get a free copy of the Zacks research report on Welltower (HCN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Welltower (NYSE:HCN)

Receive News & Ratings for Welltower Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower Inc. and related companies with MarketBeat.com's FREE daily email newsletter.