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

Welltower (NYSE:WELL) has seen a 14.29% decrease in short interest since its last report, with 7.07 million shares sold short, representing 1.86% of its float. The average time to cover these short positions is 2.66 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Welltower's short interest is below its peer group average of 5.88%. Short interest levels can be a market sentiment indicator, and changes in short interest can impact stock price movements.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

Welltower Inc. (NYSE:WELL) stock price dropped by 0.26% to $88.37 in the current market session, despite a 3.29% increase over the past month and a 32.78% rise over the past year. The article discusses the P/E ratio of Welltower in comparison to its industry peers, noting that Welltower's P/E is lower than the Health Care REITs industry average of 275.71. This could indicate that Welltower's stock is undervalued or that investors have lower growth expectations for the company. The P/E ratio, while useful, should not be the sole metric for investment decisions and should be used alongside other financial metrics and qualitative analysis.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:30 pm

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 15.86%, outperforming the market by 4.47% on an annualized basis. A $100 investment in WELL 15 years ago would be worth $905.62 today. Welltower's market capitalization currently stands at $48.41 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 6:00 pm

Analysts have downgraded three REITs: Weyerhaeuser Co. (WY), PotlatchDeltic Corp. (PCH), and Welltower Inc. (WELL). Weyerhaeuser and PotlatchDeltic were downgraded by Raymond James analyst Buck Horne from Strong Buy to Market Perform due to lower building material prices, slower home sales, and higher interest rates. Welltower was downgraded by RBC Capital Markets analyst Michael Carroll from Outperform to Sector Perform, despite raising the price target from $92 to $97, following positive developments and earnings that beat estimates.

Portfolio Pulse from Ethan Roberts

November 30, 2023 | 4:49 pm

RBC Capital analyst Michael Carroll has downgraded Welltower (NYSE:WELL) from Outperform to Sector Perform while increasing the price target from $92 to $97.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 10:28 am

Evercore ISI Group analyst Steve Sakwa has maintained an In-Line rating on Welltower (NYSE:WELL) and increased the price target from $86 to $89.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:53 pm

Welltower (NYSE:WELL) has seen a decrease in short interest, with the short percent of float dropping 6.25% since the last report. The company has 9.22 million shares sold short, representing 2.55% of available shares for trading. The current short interest suggests it would take approximately 2.96 days for traders to cover their short positions. A decrease in short interest can indicate a more bullish sentiment towards the stock, although it does not guarantee a rise in stock price. Welltower's short interest is below its peer group average of 6.14%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 6:00 pm

Welltower (NYSE:WELL) has delivered an average annual return of 13.37% over the past 15 years, outperforming the market by 1.97% annually. A $1000 investment in WELL 15 years ago would be worth $6,570.37 today. Welltower's market capitalization currently stands at $49.09 billion.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 7:00 pm

Welltower (NYSE:WELL) is set to pay a dividend of $0.61 per share on November 22, 2023, with a yield of 3.00%. Shareholders as of November 13, 2023, will be eligible. The company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, indicating potential financial strain and raising concerns about the sustainability of future dividends.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:05 pm

Welltower has released a business update, providing insights into its current operations and financial health. The update includes information on occupancy rates, revenue trends, and strategic initiatives. Investors are likely to scrutinize this update for signs of growth potential or concerns that may affect Welltower's stock performance.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:25 pm

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