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Welltower Inc. - WELL STOCK NEWS

Welcome to our dedicated page for Welltower news (Ticker: WELL), a resource for investors and traders seeking the latest updates and insights on Welltower stock.

Welltower Inc. (NYSE: WELL) is a leading real estate investment trust (REIT) headquartered in Toledo, Ohio, dedicated to transforming health care infrastructure. The company strategically invests with senior housing operators, post-acute care providers, and health systems to enhance the delivery of innovative care models. Welltower's diversified portfolio comprises 2,096 properties, including senior housing, medical offices, and skilled nursing facilities across the United States, Canada, and the United Kingdom.

Welltower's business model focuses on providing low-cost capital for health care infrastructure, aiming to reduce patient stays in high-cost settings while improving overall treatment quality. With an eye on global demographic trends, especially the aging population, Welltower is committed to developing environments that address the complex needs associated with dementia and other age-related challenges. The company's strategic partnerships with leading health systems and senior housing operators facilitate the growth and evolution of health care delivery.

Recent achievements underscore Welltower’s aggressive growth and investment strategies. As of November 2023, the company completed a $3.0 billion acquisition activity, including investments in senior housing and skilled nursing sectors. Additionally, Welltower announced a significant public offering of 17,500,000 shares of common stock, expected to generate approximately $1.5 billion in proceeds aimed at expanding their portfolio and funding future investments.

Further solidifying its market position, Welltower entered into a long-term strategic partnership with Affinity Living Communities to acquire 25 active adult communities for $969 million, enabling the company to scale its wellness housing portfolio in high-growth markets. This partnership underscores Welltower's mission to offer wellness-focused rental housing tailored for seniors at moderate price points.

Financially, Welltower has demonstrated robust performance with a significant reduction in net debt to consolidated enterprise value, from 29.5% in December 2022 to 20.9% by the end of 2023. The company’s continued focus on strategic acquisitions, innovative partnerships, and efficient capital deployment ensures a promising outlook for sustained growth and shareholder value.

Welltower’s commitment to Environmental, Social, and Governance (ESG) principles is reflected in its repeated recognition as an ENERGY STAR® Partner of the Year. This dedication to sustainability, alongside consistent dividend payments and strong financial metrics, positions Welltower as a transformative leader in the health care and real estate sectors.

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Welltower Inc. (NYSE: WELL) reported net income of $0.24 per diluted share and normalized FFO of $0.92 per diluted share for the quarter ended September 30, 2023. They achieved a year-over-year same store NOI growth of 14.1% in their Seniors Housing Operating portfolio. The SHO portfolio also saw a 9.8% increase in SS revenue, driven by occupancy growth and RevPOR growth. Welltower completed $1.4 billion of acquisitions and loan funding in Q3 and had $6.7 billion of available liquidity as of September 30, 2023. They revised their full-year net income guidance to $0.91 to $0.95 per diluted share and normalized FFO guidance to $3.59 to $3.63 per diluted share.
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Welltower Inc. announces date of third quarter 2023 earnings release, conference call, and webcast.
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Welltower Inc. revises 2023 outlook, expecting normalized funds from operations in range of $3.51 - $3.60 per diluted share, higher than previous guidance of $3.48 - $3.59 per diluted share.
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Ventas' underperformance and undervaluation persist, with a widening valuation gap to Welltower. Shareholders demand meaningful board change to restore accountability. Ventas has underperformed Welltower by 33% YTD in 2023. Ventas now trades at a 35% multiple discount to Welltower. Ventas' relative valuation spread has widened. Ventas is guiding to a decline in earnings in 2023 while Welltower expects continued growth. Ventas is facing a crisis of investor confidence. Land & Buildings Investment Management calls for substantial change to maximize shareholder value.
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Welltower Inc. CEO to participate in live panel at BofA Securities 2023 Global Real Estate Conference
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Welltower Inc. (NYSE: WELL) released its 2022 Environmental, Social and Governance (ESG) Report, highlighting achievements in diversity and inclusion, environmental responsibility, and corporate governance. The report includes significant milestones such as being recognized as an ENERGY STAR® Partner of the Year, issuing a $550 million green bond offering, and achieving a 10% emissions intensity reduction goal ahead of schedule.
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Welltower Inc. will release its second quarter 2023 financial results on July 31, 2023, and host a conference call on August 1, 2023, to discuss the results.
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Sunrise Senior Living, Hines, and Welltower have announced the opening of The Apsley, a luxury senior living community in Manhattan. The community offers personalized care, innovative technology, and lifestyle amenities. It features 80 assisted living and 76 memory care residences with interiors designed by Champalimaud Design. The Apsley provides access to cultural partnerships, fine dining, outdoor terraces, and concierge services. Pricing starts at $15,000 for studios, $21,500 for one-bedroom suites, and $24,000 for two-bedroom suites.
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FAQ

What is the current stock price of Welltower (WELL)?

The current stock price of Welltower (WELL) is $136.02 as of November 15, 2024.

What is the market cap of Welltower (WELL)?

The market cap of Welltower (WELL) is approximately 84.7B.

What is Welltower Inc.?

Welltower Inc. is a real estate investment trust (REIT) headquartered in Toledo, Ohio, that invests in senior housing, medical offices, and skilled nursing facilities to enhance health care infrastructure.

What sectors does Welltower invest in?

Welltower invests in senior housing, medical offices, and skilled nursing/post-acute care sectors.

Where are Welltower’s properties located?

Welltower's properties are located across the United States, Canada, and the United Kingdom.

What recent investments has Welltower made?

Welltower recently completed $3.0 billion in acquisitions and announced a $1.5 billion public offering to fund future investments.

How does Welltower support health care innovation?

Welltower partners with senior housing operators and health systems to fund the real estate infrastructure needed to scale innovative care delivery models.

What is Welltower's financial outlook for 2024?

Welltower expects to report net income attributable to common stockholders in a range of $1.48 to $1.61 per diluted share and normalized FFO in a range of $4.02 to $4.15 per diluted share.

What are Welltower's ESG initiatives?

Welltower is an ENERGY STAR® Partner of the Year and focuses on sustainability, receiving recognition at the level of Sustained Excellence.

What is the significance of Welltower's partnership with Affinity Living Communities?

The partnership with Affinity Living Communities will expand Welltower's wellness housing portfolio with 25 active adult communities, enhancing their market reach.

How does Welltower maintain its capital structure?

Welltower maintains a strong capital structure by sourcing attractively priced capital, reducing debt, and strategically deploying capital for acquisitions and developments.

Where can I find more information about Welltower's financial performance?

More information about Welltower's financial performance can be found in the Investors section of their website at www.welltower.com.

Welltower Inc.

NYSE:WELL

WELL Rankings

WELL Stock Data

84.67B
622.69M
0.09%
95.81%
1.39%
REIT - Healthcare Facilities
Retail-nonstore Retailers
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United States of America
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