Welltower (WELL) Issues FY18 Earnings Guidance

Welltower (NYSE:WELL) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $4.02-4.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.03.

WELL traded up $1.82 on Tuesday, hitting $67.80. 27,050 shares of the stock traded hands, compared to its average volume of 2,077,580. Welltower has a 52 week low of $49.58 and a 52 week high of $69.80. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $24.24 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 2.74 and a beta of 0.26.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Friday, July 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.58). Welltower had a net margin of 13.64% and a return on equity of 4.95%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts expect that Welltower will post 4.03 EPS for the current year.

Several equities research analysts have recently weighed in on the company. TheStreet upgraded Welltower from a c+ rating to a b rating in a research note on Friday, July 13th. Stifel Nicolaus set a $66.00 price objective on Welltower and gave the company a buy rating in a research note on Monday, July 30th. Stephens reiterated a buy rating and issued a $64.00 price objective on shares of Welltower in a research note on Tuesday, July 31st. SunTrust Banks set a $64.00 price objective on Welltower and gave the company a hold rating in a research note on Monday, July 30th. Finally, BMO Capital Markets reiterated a hold rating and issued a $58.00 price objective on shares of Welltower in a research note on Monday, July 30th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $63.00.

About Welltower

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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Earnings History and Estimates for Welltower (NYSE:WELL)

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