Welltower Inc. (WELL) To Go Ex-Dividend on February 25th

Welltower Inc. (NYSE:WELL) declared a quarterly dividend on Tuesday, February 11th, Wall Street Journal reports. Investors of record on Tuesday, February 25th will be paid a dividend of 0.67 per share by the real estate investment trust on Thursday, March 6th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Tuesday, February 25th.

Welltower has raised its dividend payment by an average of 1.6% annually over the last three years. Welltower has a dividend payout ratio of 119.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Welltower to earn $5.39 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 49.7%.

Welltower Stock Down 1.1 %

Welltower stock opened at $148.69 on Friday. Welltower has a twelve month low of $87.87 and a twelve month high of $152.81. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market cap of $95.35 billion, a PE ratio of 95.31, a P/E/G ratio of 2.87 and a beta of 1.23. The firm’s 50 day moving average price is $133.83 and its two-hundred day moving average price is $130.25.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. On average, research analysts predict that Welltower will post 4.88 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $145.00 to $167.00 in a research report on Friday, February 14th. Bank of America raised their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Mizuho boosted their target price on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Raymond James raised their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $140.19.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower 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.