Does Welltower Inc. (WELL) offer a good opportunity for investors?

With 2.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.94 million shares. During the session, the REIT – Healthcare Facilities company that operates in wider Real Estate sector, reached to the highest price of $121.24 whereas the lowest price it dropped to was $119.93. The 52-week range on WELL shows that it touched its highest point at $121.48 and its lowest point at $78.38 during that stretch. It currently has a 1-year price target of $120.44. With its current market cap of 73.43 billion, WELL has annualized dividend of $2.50 while the current yield stands at 2.07%. Beta for the stock currently stands at 1.20.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WELL was up-trending over the past week, with a rise of 2.32%, but this was up by 8.36% over a month. Three-month performance surged to 18.01% while six-month performance rose 30.81%. The stock gained 45.14% in the past year, while it has gained 33.69% so far this year. A look at the trailing 12-month EPS for WELL yields 0.62 with Next year EPS estimates of 1.82. For the next quarter, that number is 0.38. This implies an EPS growth rate of 113.38% for this year and 29.32% for next year.

Float and Shares Shorts:

At present, 609.15 million WELL shares are outstanding with a float of 608.89 million shares on hand for trading. On 2024-08-15, short shares totaled 9.71 million, which was 159.0 higher than short shares on 1721001600. In addition to Mr. Shankh S. Mitra as the firm’s CEO & Director, Mr. Timothy G. McHugh serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.97833 of WELL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, WELL reported revenue of $1792737000.0 and operating income of $238667000.0. The EBITDA in the recently reported quarter was $619195000.0 and diluted EPS was $0.42.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WELL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.