News articles about Welltower (NYSE:HCN) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Welltower earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.3115543615739 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
HCN has been the topic of a number of analyst reports. BidaskClub downgraded shares of Welltower from a “buy” rating to a “hold” rating in a research report on Friday, June 30th. BMO Capital Markets reiterated a “sell” rating and issued a $68.00 price target on shares of Welltower in a research report on Friday, July 28th. Royal Bank Of Canada reiterated a “hold” rating and issued a $74.00 price target on shares of Welltower in a research report on Wednesday, September 6th. Bank of America Corporation downgraded shares of Welltower to a “neutral” rating and cut their price target for the company from $78.00 to $77.00 in a research report on Friday, September 22nd. Finally, Capital One Financial Corporation began coverage on shares of Welltower in a report on Monday, September 25th. They set an “equal weight” rating and a $74.00 target price on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $72.43.
Shares of Welltower (NYSE HCN) opened at 67.16 on Friday. The stock has a 50 day moving average of $70.54 and a 200-day moving average of $72.34. The firm has a market capitalization of $24.77 billion, a P/E ratio of 20.92 and a beta of 0.24. Welltower has a 12-month low of $59.39 and a 12-month high of $78.17.
Welltower (NYSE:HCN) last posted its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Welltower had a return on equity of 8.74% and a net margin of 28.94%. During the same quarter in the prior year, the business earned $0.54 earnings per share. On average, equities research analysts predict that Welltower will post $2.31 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Tuesday, November 7th will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date of this dividend is Monday, November 6th. Welltower’s dividend payout ratio (DPR) is presently 108.41%.
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Welltower Company Profile
Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.
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