Welltower Inc. (NYSE:WELL) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WELL to report 3Q20 income of $ 0.15 per share.
For the full year, analysts anticipate top line of $ 4714.02 million, while looking forward to income of $ 1.48 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.20 ~ $ 4.30 per share
Click Here For More Historical Outlooks Of Welltower Inc.
Previous Quarter Performance
Welltower Inc. announced income for the second quarter of $ 0.86 per share, from the revenue of $ 1,188.00 million. Wall street analysts are predicting, WELL to report 2Q20 income of $ 0.21 per share from revenue of $ 1210.00 million. The bottom line results beat street analysts by $ 0.65 or 309.52 percent, at the same time, top line results fell short of analysts by $ 22 million or 1.82 percent.
Stock Performance
Shares of Welltower Inc. traded low $ -1.67 or -3.00 percent on Tuesday, reaching $ 54.03 with volume of 1.85 million shares. Welltower Inc. has traded high as $ 56.04 and has cracked $ 53.97 on the downward trend
According to the previous trading day, closing price of $ 54.03, representing a 129.50 % increase from the 52 week low of $ 24.27 and a 39.11 % decrease over the 52 week high of $ 91.47.
The company has a market capital of $ 22.55 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.
Recent Analyst recommendations
- On 16th October 2020, downgraded by Mizuho to Neutral from Buy rating, with $ 57.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.61 per share on August 5, 2020. The dividend were payable on August 27, 2020 to holders of record as of the close of business on August 18, 2020 and ex-dividend date on August 17, 2020.
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 peoples wellness and overall health care experience.
