WelltowerWELL
WELL
About: Welltower owns a diversified healthcare portfolio of 2,137 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
Employees: 533
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 79
18% more capital invested
Capital invested by funds: $61.8B [Q2] → $72.7B (+$11B) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 351
6% more funds holding
Funds holding: 978 [Q2] → 1,034 (+56) [Q3]
5% less funds holding in top 10
Funds holding in top 10: 22 [Q2] → 21 (-1) [Q3]
5.08% less ownership
Funds ownership: 99.12% [Q2] → 94.04% (-5.08%) [Q3]
39% less call options, than puts
Call options by funds: $176M | Put options by funds: $291M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$135
8%
upside
Avg. target
$143
15%
upside
High target
$155
24%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Raymond James Jonathan Hughes 33% 1-year accuracy 2 / 6 met price target | 24%upside $155 | Strong Buy Maintained | 16 Dec 2024 |
Mizuho Omotayo Okusanya 62% 1-year accuracy 13 / 21 met price target | 13%upside $141 | Outperform Maintained | 5 Dec 2024 |
Scotiabank Nicholas Yulico 43% 1-year accuracy 15 / 35 met price target | 14%upside $142 | Sector Outperform Maintained | 25 Nov 2024 |
Wells Fargo James Feldman 72% 1-year accuracy 13 / 18 met price target | 8%upside $135 | Equal-Weight Downgraded | 1 Oct 2024 |
Financial journalist opinion
Based on 4 articles about WELL published over the past 30 days
Positive
Zacks Investment Research
4 days ago
3 Equity REIT Stocks to Bet on Amid Healthy Industry Fundamentals
The Zacks REIT and Equity Trust - Other industry players such as WELL, AHR and HIW are likely to benefit from healthy fundamentals and improving demand.
Positive
Seeking Alpha
2 weeks ago
Welltower REIT Became Too Pricey
Welltower Inc. has shown strong financial performance, driven by impressive growth in its senior housing operating portfolio (SHOP) and strategic acquisitions. The company has successfully deleveraged its balance sheet, maintaining significant liquidity and funding acquisitions, while enhancing its operating system and paying dividends. Despite strong growth and favorable demographic trends, WELL's stock appears overvalued, with a premium price and lower-than-historical dividend yield.
Positive
Zacks Investment Research
3 weeks ago
What Makes Welltower (WELL) a Strong Momentum Stock: Buy Now?
Does Welltower (WELL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
3 weeks ago
Key Reasons to Add Welltower Stock to Your Portfolio Now
WELL is likely to gain from a rise in senior citizen population and healthcare expenses. Capital-recycling efforts and a healthy balance sheet are other positives.
Neutral
Seeking Alpha
1 month ago
Welltower Inc. Q3: Plenty Of Demand, But It's Too Expensive For Me
Welltower Inc. reported strong Q3 results with a 24.1% revenue increase and improved financial position, but growth may already be priced in. The company's SSNOI and SHO portfolio showed significant growth, and 2024 guidance has been revised upwards, indicating continued momentum. Despite a positive outlook for senior housing demand, I am cautious due to high debt levels and current valuation, leading to a hold rating.
Positive
Seeking Alpha
1 month ago
Welltower: Senior Housing Isn't A Growth Stock
Welltower, Inc. is a REIT focused on senior housing and medical properties, benefiting from an aging population but currently offering a modest 2% dividend yield. The company's dividend has declined from $3.48 per share (2017-2019) to $2.44 in 2023, despite revenue recovery post-COVID. Concerns include low property yields, leverage risks, and reliance on private-pay residents, which may not support long-term dividend growth.
Positive
Seeking Alpha
1 month ago
MOBs, Office But No Need For Life Support
Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due to better costs and, in some cases, outcomes. America's rapidly aging population is a tailwind for all healthcare real estate.
Neutral
Seeking Alpha
1 month ago
Welltower Inc. (WELL) Q3 2024 Earnings Call Transcript
Welltower Inc. (NYSE:WELL ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Matthew McQueen - General Counsel Shankh Mitra - Chief Executive Officer John Burkart - Chief Operating Officer Nikhil Chaudhri - Chief Investment Officer Timothy McHugh - Chief Financial Officer Conference Call Participants Jonathan Hughes - Raymond James Nick Joseph - Citi Ronald Kamdem - Morgan Stanley Nicholas Yulico - Scotiabank Austin Wurschmidt - KeyBanc Capital Markets John Pawlowski - Green Street Michael Carroll - RBC Capital Markets Juan Sanabria - BMO Capital Markets Joshua Dennerlein - Bank of America John Kilichowski - Wells Fargo Richard Anderson - Wedbush Wesley Golladay - Baird James Kammert - Evercore Michael Mueller - JPMorgan Omotayo Okusanya - Deutsche Bank Operator Thank you for standing by. My name is Brianna, and I will be your conference operator today.
Positive
Zacks Investment Research
1 month ago
Welltower's Q3 FFO Beats Estimates, Same-Store NOI Rises Y/Y
WELL's Q3 results reflect higher same-store net operating income for the senior housing operating portfolio, driven by strong revenue per occupied room.
Neutral
Zacks Investment Research
1 month ago
Welltower (WELL) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Welltower (WELL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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