United States

Canada

United Kingdom

Normalized FFO (TTM)

Normalized FFO/share (TTM)

Normalized FFO/share Guidance

Normalized FFO (Quarter)

Normalized FFO/share (Quarter)

Price/Normalized FFO

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 and infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience. Welltower™, a real estate investment trust (“REIT”), owns interests in properties concentrated in major, high-growth markets in the United States (“U.S.”), Canada and the United Kingdom (“U.K.”), consisting of seniors housing, post-acute communities and outpatient medical properties.

Welltower

If the REIT is managed by an internal (employees) or external (separate company) team

As a long-term debt issuer, WELL is classified as investment grade

Year: 2019

Years since IPO: 15/15,
Normalized FFO Growth: 15/15,
Normalized FFO/share Growth: 20/20,
Dividend Growth: 18/20,
Payout Ratio: 15/15,
Debt: 10/15
            

Year: 2020

Years since IPO: 15/15,
Normalized FFO Growth: 0/15,
Normalized FFO/share Growth: 0/20,
Dividend Growth: 0/20,
Payout Ratio: 15/15,
Debt: 12/15
            

Year: 2021

Years since IPO: 15/15,
Normalized FFO Growth: 0/15,
Normalized FFO/share Growth: 0/20,
Dividend Growth: 0/20,
Payout Ratio: 15/15,
Debt: 12/15
            

Year: 2022

Years since IPO: 15/15,
Normalized FFO Growth: 15/15,
Normalized FFO/share Growth: 5/20,
Dividend Growth: 3/20,
Payout Ratio: 15/15,
Debt: 15/15
            

Year: 2023

Years since IPO: 15/15,
Normalized FFO Growth: 15/15,
Normalized FFO/share Growth: 5/20,
Dividend Growth: 3/20,
Payout Ratio: 15/15,
Debt: 15/15
            

Year: 2024

Years since IPO: 15/15,
Normalized FFO Growth: 15/15,
Normalized FFO/share Growth: 20/20,
Dividend Growth: 3/20,
Payout Ratio: 15/15,
Debt: 15/15
            

Years since IPO

Analysis of the recent Normalized FFO performance

Normalized FFO Growth

Analysis of the recent Normalized FFO per share performance

Normalized FFO/share Growth

Analysis of the recent Dividend track record

Dividend Growth

Payout level to determine if the dividend is safe

Payout Ratio

Debt analysis that uses Debt/Assets and Debt/EBITDA to determine if leverage levels are under control

Debt

Real estate sector has underperformed this year, but I believe it is due to an erosion of perception, not value. Top real estate stocks have generally reported strong earnings results, beating estimates and raising guidance. Here are two top REITs to buy hand over fist.

Why I'm Buying These 2 REITs Hand Over Fist

Blackstone has been on a REIT buying spree. Its leaders are self-made billionaires, and they talk highly about REITs. This is not surprising given that they are trading at their lowest valuations in over a decade.

Billionaire Investors Say 'Buy REITs'

$178.25   Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.

Want $1,200 per Month in Passive Income? Invest in These Stocks

Welltower's (WELL) Q1 earnings outshine estimates on better-than-anticipated revenues. The SHO portfolio occupancy improves year over year.

Welltower (WELL) Q1 FFO Beat Estimates, Same Store NOI Rises

Welltower Inc. (NYSE:WELL ) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Matthew McQueen - General Counsel Shankh Mitra - Chief Executive Officer John Burkart - Chief Operating Officer Tim McHugh - Chief Financial Officer Nikhil Chaudhri - Chief Investment Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Vikram Malhotra - Mizuho Nick Yulico - Scotiabank Austin Wurschmidt - KeyBanc Capital Markets Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Nick Joseph - Citigroup Joshua Dennerlein - Bank of America Merrill Lynch Michael Carroll - RBC Capital Markets Jim Kammert - Evercore ISI Michael Mueller - JPMorgan John Pawlowski - Green Street Rich Anderson - Wedbush Securities Wes Golladay - Robert W. Baird Operator Thank you for standing by.

Welltower Inc. (WELL) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Welltower (WELL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Welltower (WELL) Q1 Earnings: A Look at Key Metrics

Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.01 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to FFO of $0.85 per share a year ago.

Welltower (WELL) Q1 FFO and Revenues Beat Estimates

TOLEDO, Ohio , April 29, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/wp-content/uploads/2024/02/Business-Update.pdf About Welltower 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 people's wellness and overall health care experience.

Welltower Issues Business Update

TOLEDO, Ohio , April 29, 2024 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2024. Recent Highlights Reported net income attributable to common stockholders of $0.22 per diluted share Reported quarterly normalized funds from operations ("FFO") attributable to common stockholders of $1.01 per diluted share, an increase of 18.8% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 12.9%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 25.5% SHO portfolio year-over-year same store revenue increased 10.3% in the first quarter, with 340 basis points ("bps") of year-over-year average occupancy growth and Revenue per Occupied Room ("RevPOR") growth of 4.8% During the first quarter, we completed $449 million of pro rata gross investments, including $208 million in acquisitions and loan funding and $241 million in development funding Since the beginning of the year, we have closed or have definitive agreements to close $2.8 billion in pro rata acquisitions and loan funding across 28 transactions Improved net debt to Adjusted EBITDA to 4.03x at March 31, 2024 As of March 31, 2024, we had approximately $6.5 billion of available liquidity inclusive of $2.5 billion of available cash and restricted cash and full capacity under our $4.0 billion line of credit Capital Activity and Liquidity During the first quarter, net debt to consolidated enterprise value improved to 17.4% at March 31, 2024 from 20.9% at December 31, 2023.

Welltower Reports First Quarter 2024 Results

Planning for retirement requires a step-by-step approach and the power of compounding through dividend reinvestment and capital appreciation. Healthpeak Properties and Comcast are two undervalued picks with strong asset bases that offer potential for income and growth. Healthpeak Properties is a diversified healthcare REIT with a strong portfolio and a 6.4% dividend yield, while Comcast is a media giant with opportunities for growth in its broadband and streaming businesses.

Compound Your Wealth With These Undervalued Dividends

I have suffered many losses over the years. But fortunately, I have had many more winners than losers. I discuss some of my best REIT investments and lessons that they taught me.

My Biggest REIT Wins And Lessons

All investors, including even Warren Buffett, have suffered big losses. We take risks to earn returns and sometimes, risk factors play out. At other times, we also made mistakes in our analysis.

My Biggest Losses And Lessons

Welltower stock has seen a decent run-up in price over the past 12 months. The company has shown robust growth in Same-Store NOI and occupancy rates, driven by its senior housing operating portfolio. Welltower has made significant investments and has a strong balance sheet, positioning it for growth in 2024, but its current valuation may be too high.

Welltower: High Quality Comes At A Full Price

One of the more common strategies recommended to diversify an investment portfolio is to include real estate stocks for portfolio income. Properties such as housing and commercial buildings typically offer a stable rate of return that can balance more volatile assets.

3 Real Estate Stocks to Cement Your Portfolio's Income

With the Federal Reserve not cutting interest rates yet and continued homebuyer trepidation thanks to high prices and high mortgage rates, it's understandable why investors may not consider real estate stocks to be best play right now. Indeed, general sentiment around real estate seems to be more negative today than it has been for the past several years.

3 Top Ways to Play 2024's Wild Real Estate Market

With the equities market continuing to march higher, now may be an ideal time to consider sleeper stocks. Essentially, these are companies that attract little interest among investors.

Wake Up to Wealth: 7 Sleeper Stocks Ready to Roar

2 Overrated REITs To Avoid

Not too long ago, I came across an article about commercial property opportunities and my mind immediately went to REIT stocks or securities tied to real estate investment trusts. It wasn't so much about the story but the public comments that made the content memorable.

Hot Stocks: The 3 Best Opportunities for Investing in REITs

While the idea of defensive stocks might not seem so relevant amid blistering market performances, investors ought to consider looking under the hood. According to Bank of America, investors have drained $4.4 billion from technology-based securities.

7 Defensive Stocks to Build a Moat Around Your Portfolio

The pandemic put older office buildings at risk of becoming obsolete, while higher interest rates have made financing tougher to come by. The potential fallout at banks has regulators on high alert.

Can aging boomers rescue the ailing commercial real-estate industry? This $2 billion fund is betting on it.

RLTY: 9% Income, Attractive Discount And Benefit From A Real Estate Turnaround

TOLEDO, OHIO , APRIL 29, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE: WELL) HAS ISSUED THE FOLLOWING BUSINESS UPDATE WHICH CAN BE FOUND AT: HTTPS://WELLTOWER.COM/WP-CONTENT/UPLOADS/2024/02/BUSINESS-UPDATE.PDF ABOUTWELLTOWER 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 PEOPLE'S WELLNESS AND OVERALL HEALTH CARE EXPERIENCE.

WELLTOWER ISSUES BUSINESS UPDATE

TOLEDO, OHIO , APRIL 29, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE:WELL) TODAY ANNOUNCED RESULTS FOR THE QUARTER ENDED MARCH 31, 2024. RECENT HIGHLIGHTS REPORTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.22 PER DILUTED SHARE REPORTED QUARTERLY NORMALIZED FUNDS FROM OPERATIONS ("FFO") ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $1.01 PER DILUTED SHARE, AN INCREASE OF 18.8% OVER THE PRIOR YEAR REPORTED TOTAL PORTFOLIO YEAR-OVER-YEAR SAME STORENOI ("SSNOI") GROWTH OF 12.9%, DRIVEN BY SSNOI GROWTH IN OUR SENIORS HOUSING OPERATING ("SHO") PORTFOLIO OF 25.5% SHO PORTFOLIO YEAR-OVER-YEAR SAME STORE REVENUE INCREASED 10.3% IN THE FIRST QUARTER, WITH 340 BASIS POINTS ("BPS") OF YEAR-OVER-YEAR AVERAGE OCCUPANCY GROWTH AND REVENUE PER OCCUPIED ROOM ("REVPOR") GROWTH OF 4.8% DURING THE FIRST QUARTER, WE COMPLETED $449 MILLION OF PRO RATA GROSS INVESTMENTS, INCLUDING $208 MILLION IN ACQUISITIONS AND LOAN FUNDING AND $241 MILLION IN DEVELOPMENT FUNDING SINCE THE BEGINNING OF THE YEAR, WE HAVE CLOSED OR HAVE DEFINITIVE AGREEMENTS TO CLOSE $2.8 BILLION IN PRO RATA ACQUISITIONS AND LOAN FUNDING ACROSS 28 TRANSACTIONS IMPROVED NET DEBT TO ADJUSTED EBITDA TO 4.03X AT MARCH 31, 2024 AS OF MARCH 31, 2024, WE HAD APPROXIMATELY $6.5 BILLION OF AVAILABLE LIQUIDITY INCLUSIVE OF $2.5 BILLION OF AVAILABLE CASH AND RESTRICTED CASH AND FULL CAPACITY UNDER OUR $4.0 BILLION LINE OF CREDIT CAPITAL ACTIVITY AND LIQUIDITY DURING THE FIRST QUARTER, NET DEBT TO CONSOLIDATED ENTERPRISE VALUE IMPROVED TO 17.4% AT MARCH 31, 2024 FROM 20.9% AT DECEMBER 31, 2023.

WELLTOWER REPORTS FIRST QUARTER 2024 RESULTS

TOLEDO, OHIO , APRIL 10, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE: WELL) TODAY ANNOUNCED IT WILL RELEASE FIRST QUARTER 2024 FINANCIAL RESULTS AFTER THE CLOSE OF TRADING ON THE NEW YORK STOCK EXCHANGE ON MONDAY, APRIL 29, 2024. THE COMPANY WILL HOST A CONFERENCE CALL AND WEBCAST ON TUESDAY, APRIL 30, 2024, AT 9:00 A.M.

WELLTOWER ANNOUNCES DATE OF FIRST QUARTER 2024 EARNINGS RELEASE, CONFERENCE CALL AND WEBCAST

TOLEDO, OHIO , MARCH 4, 2024 /PRNEWSWIRE/ -- THE WELLTOWER INC. (NYSE: WELL) MANAGEMENT TEAM WILL PARTICIPATE IN THE CITI 2024 GLOBAL PROPERTY CEO CONFERENCE ON MONDAY, MARCH 4, 2024 FROM 5:00 TO 5:35 P.M. EASTERN TIME.

WELLTOWER TO PRESENT AT CITI 2024 GLOBAL PROPERTY CEO CONFERENCE

TOLEDO, OHIO , FEB. 13, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE: WELL) HAS ISSUED THE FOLLOWING BUSINESS UPDATE WHICH CAN BE FOUND AT: HTTPS://WELLTOWER.COM/FEBRUARY2024-BUSINESS-UPDATE ABOUTWELLTOWER WELLTOWERINC.(NYSE:WELL), ANS&P500 COMPANY HEADQUARTERED INTOLEDO,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 PEOPLE'S WELLNESS AND OVERALL HEALTH CARE EXPERIENCE.

TOLEDO, OHIO , FEB. 13, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE: WELL) ("WELLTOWER" OR THE "COMPANY") TODAY ANNOUNCED THAT IT PLANS TO FORM A LONG-TERM STRATEGIC PARTNERSHIP WITH AFFINITY LIVING COMMUNITIES ("AFFINITY"), A VERTICALLY INTEGRATED DEVELOPER AND OPERATOR OF AGE-RESTRICTED AND AGE-TARGETED WELLNESS HOUSING. WELLTOWER IS UNDER CONTRACT TO ACQUIRE A PORTFOLIO OF 25 PURPOSE-BUILT ACTIVE ADULT COMMUNITIES FOR $969 MILLION THROUGH A PRIVATELY NEGOTIATED, OFF-MARKET TRANSACTION AND ALSO EXPECTS TO ENTER INTO A LONG-TERM PROGRAMMATIC DEVELOPMENT AGREEMENT WITH AFFINITY.

WELLTOWER ANNOUNCES PLANNED ACQUISITION OF $1.0 BILLION AFFINITY ACTIVE ADULT PORTFOLIO AND FORMATION OF LONG-TERM STRATEGIC PARTNERSHIP

TOLEDO, OHIO , FEB. 13, 2024 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE:WELL) TODAY ANNOUNCED RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2023. RECENT HIGHLIGHTS REPORTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.15 PER DILUTED SHARE REPORTED QUARTERLY NORMALIZED FUNDS FROM OPERATIONS ("FFO") ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.96 PER DILUTED SHARE, AN INCREASE OF 15.7% OVER THE PRIOR YEAR REPORTED TOTAL PORTFOLIO YEAR-OVER-YEAR SAME STORE NOI ("SSNOI") GROWTH OF 12.5%, DRIVEN BY SSNOI GROWTH IN OUR SENIORS HOUSING OPERATING ("SHO") PORTFOLIO OF 23.7% SHO PORTFOLIO YEAR-OVER-YEAR SAME STORE ("SS") REVENUE INCREASED 9.7% IN THE FOURTH QUARTER, WITH 330 BASIS POINTS ("BPS") OF YEAR-OVER-YEAR AVERAGE OCCUPANCY GROWTH SHO PORTFOLIO YEAR-OVER-YEAR SSNOI MARGIN EXPANDED BY 290 BPS DRIVEN PRIMARILY BY STRONG REVENUE PER OCCUPIED ROOM ("REVPOR" OR "UNIT REVENUE") GROWTH WHICH CONTINUED TO MEANINGFULLY OUTPACE EXPENSE PER OCCUPIED ROOM ("EXPPOR" OR "UNIT EXPENSE") GROWTH DURING THE FOURTH QUARTER, WE COMPLETED $3.0 BILLION OF PRO RATA GROSS INVESTMENTS, INCLUDING $2.8 BILLION IN ACQUISITIONS AND LOAN FUNDING AND $277 MILLION IN DEVELOPMENT FUNDING AS OF DECEMBER 31, 2023, WE HAD APPROXIMATELY $6.1 BILLION OF AVAILABLE LIQUIDITY INCLUSIVE OF $2.1 BILLION OF AVAILABLE CASH AND RESTRICTED CASH AND FULL CAPACITY UNDER OUR $4.0 BILLION LINE OF CREDIT ANNUAL HIGHLIGHTS REPORTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.66 PER DILUTED SHARE REPORTED ANNUAL NORMALIZED FFO ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $3.64 PER DILUTED SHARE REPORTED TOTAL PORTFOLIO YEAR-OVER-YEAR AVERAGE SSNOI GROWTH OF 12.6%, DRIVEN BY SSNOI GROWTH IN OUR SHO PORTFOLIO OF 24.4% COMPLETED $5.9 BILLION OF PRO RATA GROSS INVESTMENTS DURING 2023, INCLUDING PROPERTY ACQUISITIONS AT SUBSTANTIAL DISCOUNTS TO REPLACEMENT COST AND HIGHLY-STRUCTURED DEBT AND EQUITY INVESTMENTS WITH SIGNIFICANT DOWNSIDE PROTECTION IMPROVED NET DEBT TO ADJUSTED EBITDA TO 5.03X AT DECEMBER 31, 2023 FROM 6.31X AT D

WELLTOWER REPORTS FOURTH QUARTER 2023 RESULTS

TOLEDO, OHIO , JAN. 22, 2024 /PRNEWSWIRE/ --IN CONJUNCTION WITH UPCOMING INVESTOR MEETINGS, WELLTOWER INC. (NYSE: WELL) HAS ISSUED THE FOLLOWING BUSINESS UPDATE WHICH CAN BE FOUND AT: HTTPS://WELLTOWER.COM/JANUARY-2024-BUSINESS-UPDATE ABOUTWELLTOWER WELLTOWERINC.(NYSE:WELL), ANS&P500 COMPANY HEADQUARTERED INTOLEDO,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 PEOPLE'S WELLNESS AND OVERALL HEALTH CARE EXPERIENCE.

TOLEDO, OHIO , JAN. 18, 2024 /PRNEWSWIRE/ --WELLTOWER INC. (NYSE: WELL) TODAY ANNOUNCED IT WILL RELEASE FOURTH QUARTER 2023 FINANCIAL RESULTS AFTER THE CLOSE OF TRADING ON THE NEW YORK STOCK EXCHANGE ON TUESDAY, FEBRUARY 13, 2024. THE COMPANY WILL HOST A CONFERENCE CALL AND WEBCAST ON WEDNESDAY, FEBRUARY 14, 2024, AT 9:00 A.M.

WELLTOWER ANNOUNCES DATE OF FOURTH QUARTER 2023 EARNINGS RELEASE, CONFERENCE CALL AND WEBCAST

TOLEDO, OHIO , NOV. 6, 2023 /PRNEWSWIRE/ -- WELLTOWER INC. (NYSE: WELL) ("WELLTOWER" OR THE "COMPANY") ANNOUNCED TODAY THAT IT PRICED THE PUBLIC OFFERING FOR THE 17,500,000 SHARES OF ITS COMMON STOCK PREVIOUSLY SOLD (THE "OFFERING") TO BOFA SECURITIES, INC. AND GOLDMAN SACHS & CO. LLC FOR AGGREGATE GROSS PROCEEDS TO WELLTOWER OF APPROXIMATELY $1.5 BILLION. WELLTOWER HAS ALSO GRANTED THE UNDERWRITERS AN OPTION TO PURCHASE UP TO 2,625,000 ADDITIONAL SHARES OF COMMON STOCK.

Welltower

WELL

Price

Returns

Dividends

Yield

Dividends

No items found.

Financials Overview

Financials Overview

Financial Reports

No items found.

Diversification by Property Type

Diversification by Country

Press Releases

Related News, Articles and Videos

Score

You might also be interested in

WELL.css-1jgtvd5{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;overflow:hidden;display:inline-block;text-align:center;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;font-size:1.5rem;}

Price

Returns

Dividends

Yield

Dividends

No items found.

Financials Overview

Financials Overview

Financial Reports

No items found.

Diversification by Property Type

Diversification by Country

Press Releases

Related News, Articles and Videos

Score

You might also be interested in

WELL