Welltower (WELL)
(Delayed Data from NYSE)
$107.41 USD
+1.46 (1.38%)
Updated Jul 19, 2024 04:00 PM ET
After-Market: $108.00 +0.59 (0.55%) 7:58 PM ET
3-Hold of 5 3
F Value B Growth A Momentum C 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 first quarter of 2024, 49.5% of the company’s same-store NOI (SSNOI) came from SHO assets (665 properties), 22.1% from OM facilities (378 properties) and 17.4% from triple-net assets (332 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 is expected to be funded by cash and the assumption of $523 million of secured debt. The transaction expected to close in the second quarter of 2024, was subject to customary closing conditions and lender consents.
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 | 6/30/2024 |
Earnings Date | 7/29/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.00 |
Current Year EPS Consensus Estimate | 4.13 |
Estimated Long-Term EPS Growth Rate | 9.80 |
Earnings Date | 7/29/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 105.95 |
52 Week High | 108.06 |
52 Week Low | 78.38 |
Beta | 1.18 |
20 Day Moving Average | 2,952,052.50 |
Target Price Consensus | 108.85 |
4 Week | 4.97 |
12 Week | 13.85 |
YTD | 19.12 |
4 Week | 4.20 |
12 Week | 5.48 |
YTD | 3.21 |
Shares Outstanding (millions) | 597.92 |
Market Capitalization (millions) | 64,222.18 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.27% |
Annual Dividend | $2.44 |
Payout Ratio | 0.64 |
Change in Payout Ratio | -0.09 |
Last Dividend Payout / Amount | 5/10/2024 / $0.61 |
Fundamental Ratios
P/E (F1) | 26.00 |
Trailing 12 Months | 28.34 |
PEG Ratio | 2.64 |
vs. Previous Year | 18.82% |
vs. Previous Quarter | 5.21% |
vs. Previous Year | 19.16% |
vs. Previous Quarter | 6.28% |
Price/Book | 2.27 |
Price/Cash Flow | 33.34 |
Price / Sales | 9.26 |
6/30/24 | NA |
3/31/24 | 1.77 |
12/31/23 | 1.47 |
6/30/24 | NA |
3/31/24 | 1.04 |
12/31/23 | 0.83 |
6/30/24 | NA |
3/31/24 | 3.83 |
12/31/23 | 3.22 |
6/30/24 | NA |
3/31/24 | 3.83 |
12/31/23 | 3.22 |
6/30/24 | NA |
3/31/24 | 6.37 |
12/31/23 | 5.12 |
6/30/24 | NA |
3/31/24 | 6.37 |
12/31/23 | 5.12 |
6/30/24 | NA |
3/31/24 | 6.53 |
12/31/23 | 5.27 |
6/30/24 | NA |
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 | NA |
3/31/24 | 0.50 |
12/31/23 | 0.60 |
6/30/24 | NA |
3/31/24 | 33.93 |
12/31/23 | 38.06 |