Stocks of Welltower Inc (NYSE:WELL) traded higher last session on Wall Street, down -2.58% to $134.88.
WELL stock price is now 6.14% away from the 50-day moving average and 27.55% away from the 200-day moving average. The market capitalization of the company currently stands at $83.99B.
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With the price target of $104, Exane BNP Paribas recently initiated with Outperform rating for Welltower Inc (NYSE: WELL). On January 30, 2024, Deutsche Bank recently initiated its ‘Buy’ rating on the stock quoting a target price of $115, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, BACON KENNETH J, Director sold 1,800 shares of the company’s stock on Jun 04 ’24. The stock was sold for $187,038 at an average price of $103.91. Upon completion of the transaction, the Director now directly owns 14,579 shares in the company, valued at $1.97 million. A total of 0.04% of the company’s stock is owned by insiders.
During the past 12 months, Welltower Inc has had a low of $82.54 and a high of $139.80. According to the stock market information, the enterprise value for the company is $97353801728, which is based on a 168.60 price-to-earnings ratio, a 12.58 price-to-earnings-growth ratio, and a beta of 1.20. The fifty day moving average price for WELL is $127.0724 and a two-hundred day moving average price translates $105.7477 for the stock.
The latest earnings results from Welltower Inc (NYSE: WELL) was released for 2024-09-30. The net profit margin was 6.33% and return on equity was 3.44% for WELL. The company reported revenue of $2.06 billion for the quarter, compared to $1.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.69 percent.
