Factors Likely to Have Influenced Earnings Results Welltower (NYSE:WELL)

Earnings results for Welltower (NYSE:WELL)

Welltower Inc. is expected* to report earnings on 04/28/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.75. The reported EPS for the same quarter last year was $1.02.

Welltower last announced its earnings data on February 9th, 2021. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.77 by $0.38. The firm earned $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. Its quarterly revenue was down 11.1% compared to the same quarter last year. Welltower has generated $4.16 earnings per share over the last year and currently has a price-to-earnings ratio of 24.1. Welltower has confirmed that its next quarterly earnings report will be published on Wednesday, April 28th, 2021.

Analyst Opinion on Welltower (NYSE:WELL)

21 Wall Street analysts have issued ratings and price targets for Welltower in the last 12 months. Their average twelve-month price target is $63.38, predicting that the stock has a possible downside of 17.12%. The high price target for WELL is $80.00 and the low price target for WELL is $45.00. There are currently 2 sell ratings, 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Welltower has received a consensus rating of Hold. The company’s average rating score is 2.24, and is based on 7 buy ratings, 12 hold ratings, and 2 sell ratings. According to analysts’ consensus price target of $63.38, Welltower has a forecasted downside of 17.1% from its current price of $76.47. Welltower has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Welltower (NYSE:WELL)

Welltower pays a meaningful dividend of 3.22%, higher than the bottom 25% of all stocks that pay dividends. Welltower has only been increasing its dividend for 1 years. The dividend payout ratio of Welltower is 58.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Welltower will have a dividend payout ratio of 71.76% next year. This indicates that Welltower will be able to sustain or increase its dividend.

Insiders buying/selling: Welltower (NYSE:WELL)

In the past three months, Welltower insiders have not sold or bought any company stock. Only 0.16% of the stock of Welltower is held by insiders. 89.24% of the stock of Welltower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Welltower (NYSE:WELL

Earnings for Welltower are expected to decrease by -0.87% in the coming year, from $3.43 to $3.40 per share. The P/E ratio of Welltower is 24.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.35. The P/E ratio of Welltower is 24.12, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.12. Welltower has a PEG Ratio of 5.10. PEG Ratios above 1 indicate that a company could be overvalued. Welltower has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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