Streetbeat News

WELL

Welltower Inc.

https://www.welltower.com

Industry

REIT - Healthcare Facilities

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, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

Open

138.00

Mkt cap

86B

Volume

2.5M

High

140.19

P/E Ratio

88.59

52-wk high

140.19

Low

137.91

Div yield

0.02

52-wk low

84.38

Mizuho analyst Omotayo Okusanya maintains a Buy rating on Welltower (NYSE:WELL) and raises the price target from $98 to $105.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:08 pm

Welltower's (NYSE:WELL) short interest has increased by 5.92% since the last report, with 7.09 million shares sold short, representing 1.79% of its float. It would take approximately 2.82 days to cover these short positions based on current trading volume. This rise in short interest indicates a more bearish market sentiment towards Welltower, although it has less short interest compared to its peer group average of 6.81%. The increase in short interest can be seen as a potential bullish signal for the stock.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:15 pm

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 17.07%, outperforming the market by 5.17% on an annualized basis. A $100 investment in WELL 15 years ago would be worth $1,073.55 today. Welltower currently has a market capitalization of $56.25 billion.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 2:00 pm

Welltower has updated its FY24 normalized FFO guidance from the previous range of $3.95-$4.10 to a new range of $4.02-$4.15, compared to the analyst estimate of $4.05.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:25 pm

Welltower (NYSE:WELL) reported Q1 2024 FFO of $1.01 per share, surpassing the $0.95 estimate, with sales of $1.859B exceeding the $1.806B forecast, marking a 19.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:23 pm

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 17.0%, outperforming the market by 4.47% on an annualized basis. A $100 investment in WELL 15 years ago would be worth $1,047.86 today. Welltower currently has a market capitalization of $53.51 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 6:00 pm

Welltower (NYSE:WELL) has seen a 5.92% increase in its short percent of float since the last report, with 7.09 million shares sold short, representing 1.79% of its available trading shares. It would take about 2.82 days to cover these short positions based on current trading volume. This rise in short interest indicates a more bearish market sentiment towards Welltower, although it has less short interest compared to its peer group average of 6.81%.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:45 pm

REIT shares are trading lower due to rising Treasury yields following March inflation data, impacting income-paying stocks.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:45 pm

Over the past 15 years, Welltower (NYSE:WELL) has outperformed the market with an annualized return of 17.7%, turning a $100 investment into $1,103. The company now has a market capitalization of $52.33 billion. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:30 pm

Numerous companies are scheduled to report their earnings on March 21, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with notable companies such as Welltower, Academy Sports, Exscientia, Direxion Daily CSI China Internet Index Bull 2X Shares, and Winnebago Industries among those reporting before the bell. After the bell, companies like Lululemon Athletica, Nike, FedEx, and Intellicheck will report, providing insights into their financial health and performance.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 10:15 am

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