Welltower (WELL)
(Delayed Data from NYSE)
$127.58 USD
-0.45 (-0.35%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $127.63 +0.05 (0.04%) 7:58 PM ET
3-Hold of 5 3
F Value C Growth F Momentum F VGM
Company Summary
Toledo, OH-based, Welltower Inc., formerly known as Health Care REIT, Inc. is a real estate investment trust (REIT) that is engaged in investments with seniors housing operators, post-acute providers and health systems. Founded in 1970, this S&P 500 company was the first REIT to invest exclusively in healthcare facilities. Its portfolio is concentrated in major, high-growth markets in the United States, Canada and the U.K. In addition to this, the company also offers a vast range of property management and development services.
Welltower’s consolidated portfolio can be categorized into three operating ...
Company Summary
Toledo, OH-based, Welltower Inc., formerly known as Health Care REIT, Inc. is a real estate investment trust (REIT) that is engaged in investments with seniors housing operators, post-acute providers and health systems. Founded in 1970, this S&P 500 company was the first REIT to invest exclusively in healthcare facilities. Its portfolio is concentrated in major, high-growth markets in the United States, Canada and the U.K. In addition to this, the company also offers a vast range of property management and development services.
Welltower’s consolidated portfolio can be categorized into three operating segments — triple-net, seniors housing operating or SHO (operated through RIDEA structures) and OM facilities. In the second quarter of 2024, 48.7% of the company’s same-store NOI (SSNOI) came from SHO assets (584 properties), 23.4% from OM facilities (410 properties) and 16.9% from triple-net assets (328 properties).
The company’s SHO properties include seniors apartments, independent living/continuing care retirement communities, assisted living, independent supportive living communities and care homes, with and without nursing. Moreover, triple-net properties include the property types mentioned earlier along with long-term/post-acute care facilities. Under the triple-net segment, properties are primarily leased under triple-net leases and the company is not involved in the management of the property. Welltower’s OM properties are leased to multiple tenants.
In February 2024, Welltower entered into a definitive agreement to acquire a portfolio of 25 Seniors Housing Operating properties from Affinity Living Communities for $969 million. The transaction expected to close in the second half of 2024, is subject to customary closing conditions and lender consents.
In July 2024, Welltower entered into a definitive agreement to acquire a seniors housing portfolio for nearly $0.9 billion. Subject to customary closing conditions, the transaction is expected to close later in 2024.
Note: All EPS numbers presented in this report represents funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
General Information
Welltower Inc
4500 DORR STREET
TOLEDO, OH 43615
Phone: 419-247-2800
Fax: 419-247-2826
Email: sestes@welltower.com
Industry | REIT and Equity Trust - Other |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2024 |
Exp Earnings Date | 11/4/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.04 |
Current Year EPS Consensus Estimate | 4.19 |
Estimated Long-Term EPS Growth Rate | 10.30 |
Exp Earnings Date | 11/4/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 128.03 |
52 Week High | 131.31 |
52 Week Low | 78.38 |
Beta | 1.21 |
20 Day Moving Average | 3,242,837.50 |
Target Price Consensus | 125.39 |
4 Week | 6.09 |
12 Week | 22.61 |
YTD | 41.99 |
4 Week | 3.99 |
12 Week | 18.58 |
YTD | 17.53 |
Shares Outstanding (millions) | 609.15 |
Market Capitalization (millions) | 77,989.16 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.09% |
Annual Dividend | $2.68 |
Payout Ratio | 0.62 |
Change in Payout Ratio | -0.10 |
Last Dividend Payout / Amount | 8/12/2024 / $0.67 |
Fundamental Ratios
P/E (F1) | 30.56 |
Trailing 12 Months | 32.49 |
PEG Ratio | 2.96 |
vs. Previous Year | 16.67% |
vs. Previous Quarter | 3.96% |
vs. Previous Year | 9.57% |
vs. Previous Quarter | -1.87% |
Price/Book | 2.65 |
Price/Cash Flow | 39.74 |
Price / Sales | 10.99 |
6/30/24 | 2.21 |
3/31/24 | 1.77 |
12/31/23 | 1.47 |
6/30/24 | 1.35 |
3/31/24 | 1.04 |
12/31/23 | 0.83 |
6/30/24 | 4.07 |
3/31/24 | 3.83 |
12/31/23 | 3.22 |
6/30/24 | 4.07 |
3/31/24 | 3.83 |
12/31/23 | 3.22 |
6/30/24 | 8.36 |
3/31/24 | 6.37 |
12/31/23 | 5.12 |
6/30/24 | 8.36 |
3/31/24 | 6.37 |
12/31/23 | 5.12 |
6/30/24 | 5.51 |
3/31/24 | 6.53 |
12/31/23 | 5.27 |
6/30/24 | 48.31 |
3/31/24 | 47.24 |
12/31/23 | 47.12 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.47 |
3/31/24 | 0.50 |
12/31/23 | 0.60 |
6/30/24 | 32.55 |
3/31/24 | 33.93 |
12/31/23 | 38.06 |