News stories about Welltower (NYSE:HCN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Welltower earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.4038366771058 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern’s analysis:
- Welltower Inc. (HCN) Director Buys $97,113.80 in Stock (americanbankingnews.com)
- Rating for Welltower (HCN) Lowered by Weakening Earnings Visibility (investorplace.com)
- Express, Inc., (NYSE: EXPR), Welltower Inc., (NYSE: HCN), NVIDIA Corporation, (NASDAQ: NVDA), Take-Two … – Stocks In The News (press release) (tradingnewsnow.com)
- HCR ManorCare gets respite from dropped Medicare fraud lawsuit (GEN, HCN, SBRA) (markets.businessinsider.com)
- This 5.1%-Yielding Health Care REIT Is A Strong Buy – Seeking Alpha (seekingalpha.com)
Welltower (NYSE HCN) traded down $0.12 on Thursday, reaching $68.17. 1,264,300 shares of the company’s stock traded hands, compared to its average volume of 1,763,805. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.76 and a current ratio of 1.76. Welltower has a 1 year low of $61.08 and a 1 year high of $78.17. The firm has a market capitalization of $25,100.00, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 4.60 and a beta of 0.25.
Welltower (NYSE:HCN) last released its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.03. Welltower had a net margin of 7.72% and a return on equity of 2.07%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company posted $1.16 earnings per share. The business’s revenue was up 1.1% on a year-over-year basis. analysts forecast that Welltower will post 4.23 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Tuesday, November 7th were issued a dividend of $0.87 per share. The ex-dividend date of this dividend was Monday, November 6th. This represents a $3.48 annualized dividend and a yield of 5.10%. Welltower’s payout ratio is 305.26%.
HCN has been the topic of a number of research reports. BidaskClub downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. BMO Capital Markets reiterated a “sell” rating and set a $68.00 target price on shares of Welltower in a research report on Friday, July 28th. Royal Bank Of Canada reiterated a “hold” rating and set a $74.00 target price 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 dropped their target price for the company from $78.00 to $77.00 in a research report on Friday, September 22nd. Finally, Capital One Financial Corporation initiated coverage on shares of Welltower in a research report on Monday, September 25th. They set an “equal weight” rating and a $74.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $72.71.
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In other Welltower news, Director Gary Whitelaw acquired 1,420 shares of the stock in a transaction on Tuesday, November 21st. The shares were purchased at an average price of $68.39 per share, for a total transaction of $97,113.80. Following the completion of the acquisition, the director now owns 1,420 shares in the company, valued at approximately $97,113.80. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.19% of the company’s stock.
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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