Welltower Inc (NYSE:WELL) declared a quarterly dividend on Monday, October 28th, Zacks reports. Investors of record on Wednesday, November 13th will be given a dividend of 0.87 per share by the real estate investment trust on Thursday, November 21st. This represents a $3.48 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Tuesday, November 12th.
WELL opened at $82.88 on Friday. The firm has a market cap of $34.67 billion, a P/E ratio of 20.57, a PEG ratio of 4.58 and a beta of 0.18. The firm has a 50-day moving average of $89.85 and a 200 day moving average of $84.97. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.85 and a current ratio of 1.85. Welltower has a fifty-two week low of $65.94 and a fifty-two week high of $93.17.
Several equities research analysts have commented on WELL shares. BMO Capital Markets reaffirmed a “buy” rating and set a $86.00 price objective on shares of Welltower in a report on Monday, August 5th. Barclays downgraded shares of Welltower from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $88.00 to $93.00 in a report on Tuesday, October 1st. They noted that the move was a valuation call. ValuEngine downgraded shares of Welltower from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Morgan Stanley increased their price target on shares of Welltower from $91.00 to $95.00 and gave the stock an “overweight” rating in a report on Tuesday, September 17th. Finally, Stifel Nicolaus increased their price target on shares of Welltower from $87.00 to $93.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $82.66.
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.
Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.