Q: I see the Jeffries downgraded Welltower yesterday, with a price target of $52. I realize that COVID-19 isn't helping here, but this stock is being beaten down to similar levels to that of airline and cruise ship stocks. Do you see that as logical?
I see that this stock can fluctuate from about 20% below Morningstar's Fair Market Value to as high as about 10% above. Of course at the moment we're talking closer to -30%.
In your opinion is the balance sheet okay?
On my TD Wealth screen the dividend payout ratio - 290% - seems out of whack but I believe it should be calculated differently for REITs (?)
As always, thanks for your informative responses.
I see that this stock can fluctuate from about 20% below Morningstar's Fair Market Value to as high as about 10% above. Of course at the moment we're talking closer to -30%.
In your opinion is the balance sheet okay?
On my TD Wealth screen the dividend payout ratio - 290% - seems out of whack but I believe it should be calculated differently for REITs (?)
As always, thanks for your informative responses.
