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

146.04

Mkt cap

95B

Volume

2.5M

High

148.27

P/E Ratio

92.40

52-wk high

158.55

Low

145.38

Div yield

0.02

52-wk low

87.87

Wedbush analyst Richard Anderson maintains a Neutral rating on Welltower (NYSE:WELL) and raises the price target from $100 to $120.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 6:30 pm

Welltower has raised its FY24 net income guidance to $1.52-$1.60 per share and its normalized FFO guidance to $4.13-$4.21 per share. The company expects significant growth in Same Store NOI, particularly in Seniors Housing Operating. General and administrative expenses are anticipated to be $205-$211 million, with stock-based compensation at $40 million. The company also plans to fund $328 million in development and expects $643 million in disposition proceeds over the next twelve months.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:13 pm

Welltower (NYSE:WELL) reported Q2 earnings per share of $1.05, beating the analyst estimate of $1.01. However, sales of $1.82 billion missed the $1.89 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:10 pm

Welltower (NYSE:WELL) has outperformed the market over the past 20 years with an average annual return of 10.52%, resulting in a $1000 investment growing to $7,161.04. The company currently has a market capitalization of $63.54 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:30 pm

Evercore ISI Group analyst Steve Sakwa maintains an In-Line rating on Welltower (NYSE:WELL) and raises the price target from $95 to $97.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:13 am

Welltower Inc. (NYSE: WELL) announced a private placement of $750 million in exchangeable senior notes due 2029. The offering is subject to market conditions and other factors, and the company may grant an option to purchase an additional $112.5 million in notes.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 11:21 am

Welltower (NYSE:WELL) has outperformed the market over the past 20 years with an average annual return of 9.89%, surpassing the market by 1.58% annually. A $100 investment in WELL 20 years ago would be worth $650.71 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

Welltower (NYSE:WELL) has received mixed ratings from 4 analysts over the past three months, with a notable increase in the average 12-month price target to $109.75. Analysts have raised their price targets, reflecting positive sentiment and improved financial performance.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 12:01 pm

Keybanc analyst Todd Thomas maintains an Overweight rating on Welltower (NYSE:WELL) and raises the price target from $95 to $115.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 11:17 am

Welltower's (NYSE:WELL) short interest has risen by 21.86%, with 10.10 million shares sold short, representing 2.23% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Welltower's short interest is still lower than its peer group average of 6.54%.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 7:30 pm

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