RBC Capital analyst Michael Carroll maintained a Hold rating on Welltower (NYSE:WELL) on Tuesday, setting a price target of $62, which is approximately 1.64% above the present share price of $61.
Carroll expects Welltower to post earnings per share (EPS) of $0.78 for the first quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Welltower, with an average price target of $64.65.
The analysts price targets range from a high of $71 to a low of $57.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.03 billion and a net profit of -$16.21 million. The company's market cap is $25.46 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.6% and a 64.88% success rate.
Welltower, Inc. engages in the provision of health care infrastructure and investment of seniors housing operators, post-acute providers, and health systems. It operates through the following segments: Seniors Housing Operating, Triple-net, and Outpatient Medical. The Seniors Housing Operating segment includes the seniors housing communities. The Triple-net segment offers long-term/post-acute care facilities, assisted living facilities, independent living/continuing care retirement communities, care homes (United Kingdom), independent support living facilities (Canada), care homes with nursing (United Kingdom), and combinations thereof. The Outpatient Medical segment provides outpatient medical buildings. The company was founded by Bruce G. Thompson and Fritz Wolfe in 1970 and is headquartered in Toledo, OH.