Welltower (HCN) Earning Somewhat Favorable Media Coverage, Analysis Shows

Media coverage about Welltower (NYSE:HCN) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Welltower earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 45.2494720344837 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news stories that may have effected Accern’s scoring:

Welltower (HCN) traded up $0.65 during trading hours on Friday, reaching $66.94. 3,935,064 shares of the company were exchanged, compared to its average volume of 2,010,000. Welltower has a 1 year low of $63.89 and a 1 year high of $78.17. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.79. The stock has a market cap of $24,690.00, a price-to-earnings ratio of 15.60, a price-to-earnings-growth ratio of 4.50 and a beta of 0.25.

Welltower (NYSE:HCN) last posted its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.03. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the firm posted $1.16 EPS. Welltower’s quarterly revenue was up 1.1% on a year-over-year basis. equities research analysts anticipate that Welltower will post 4.24 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Tuesday, November 7th were given a dividend of $0.87 per share. The ex-dividend date was Monday, November 6th. This represents a $3.48 annualized dividend and a dividend yield of 5.20%. Welltower’s payout ratio is currently 305.26%.

A number of equities analysts have recently commented on the stock. Mizuho reaffirmed a “hold” rating and issued a $67.00 target price on shares of Welltower in a report on Monday, December 11th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $74.00 target price on shares of Welltower in a report on Tuesday, October 10th. Jefferies Group reaffirmed a “hold” rating and issued a $72.00 target price on shares of Welltower in a report on Tuesday, October 3rd. Capital One Financial assumed coverage on shares of Welltower in a report on Monday, September 25th. They issued an “equal weight” rating and a $74.00 target price on the stock. Finally, UBS cut their target price on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating on the stock in a report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Welltower has an average rating of “Hold” and an average price target of $73.07.

In related news, Director Gary Whitelaw bought 1,420 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were bought at an average cost of $68.39 per share, for a total transaction of $97,113.80. Following the transaction, the director now owns 1,420 shares of the company’s stock, valued at $97,113.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.19% of the stock is currently owned by insiders.

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About Welltower

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.

Insider Buying and Selling by Quarter for Welltower (NYSE:HCN)

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