Streetbeat News

WELL

Welltower Inc.

https://www.welltower.com

Industry

REIT - Healthcare Facilities

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. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

Open

137.11

Mkt cap

85B

Volume

77K

High

137.44

P/E Ratio

87.50

52-wk high

140.19

Low

136.50

Div yield

0.02

52-wk low

85.40

Over the past 15 years, Welltower (NYSE:WELL) has outperformed the market with an annualized return of 17.7%, turning a $100 investment into $1,103. The company now has a market capitalization of $52.33 billion. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:30 pm

Numerous companies are scheduled to report their earnings on March 21, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with notable companies such as Welltower, Academy Sports, Exscientia, Direxion Daily CSI China Internet Index Bull 2X Shares, and Winnebago Industries among those reporting before the bell. After the bell, companies like Lululemon Athletica, Nike, FedEx, and Intellicheck will report, providing insights into their financial health and performance.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 10:15 am

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 18.29%, outperforming the market by 5.14% on an annualized basis. A $1000 investment in WELL 15 years ago would be worth $11,881.48 today. Welltower's market capitalization currently stands at $52.19 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:00 pm

Exane BNP Paribas has initiated coverage on Welltower (NYSE:WELL) with an Outperform rating and set a price target of $104.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 12:51 pm

Welltower's (NYSE:WELL) short interest has decreased by 14.12% since the last report, with 5.55 million shares sold short, representing 1.46% of its float. The current short interest suggests a bullish sentiment as it is lower than the peer group average of 7.50%. The decrease in short interest indicates fewer traders are betting against the stock, which could be a positive sign for Welltower's stock price in the short term.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:15 pm

Recent analyst ratings for Welltower (NYSE:WELL) show a mix of bullish and somewhat bullish sentiments, with an average 12-month price target of $100.6, reflecting a 9.05% increase from the previous target. Analysts from Scotiabank, Deutsche Bank, Keybanc, Mizuho, and JP Morgan have adjusted their ratings and price targets, indicating a positive outlook based on Welltower's performance and market dynamics. Welltower, with a diversified healthcare portfolio, shows strong market recognition and revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:01 pm

Scotiabank analyst Nicholas Yulico maintains a Sector Outperform rating on Welltower (NYSE:WELL) but lowers the price target from $97 to $96.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:27 pm

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 21.93%, outperforming the market by 7.52%. A $100 investment in WELL 15 years ago would be worth $1,824.40 today. Welltower's market capitalization currently stands at $52.43 billion.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 8:31 pm

Welltower (NYSE:WELL) announced a quarterly dividend of 61 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 07, 2024. The stock is expected to open 61 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 2:45 pm

U.S. stocks rebounded with the S&P 500 and Nasdaq 100 up by 0.4% and 0.5% respectively, driven by positive corporate earnings. The iShares Russell 2000 ETF (IWM) saw a significant rally of 1.7%. Bitcoin surpassed a $1 trillion market value. In the commodities market, U.S. natural gas prices dropped. Notable stock movements included Uber Technologies Inc. (UBER) and Akamai Technologies Inc. (AKAM) due to their earnings reports. Other companies like MGM, IQVIA, Charler River Laboratories, Kraft Heinz, Welltower, Airbnb, Lyft, and QuidelOrtho also reacted to earnings. Crypto-related stocks such as Coinbase, Marathon Digital, and Riot Platforms saw rallies.

Portfolio Pulse from Piero Cingari

February 14, 2024 | 6:51 pm

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