Real Estate - REIT - Healthcare Facilities - NYSE - US
$ 136.02
1.19 %
$ 84.7 B
Market Cap
86.64
P/E
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.[ Read More ]
The intrinsic value of one WELL stock under the base case scenario is HIDDEN Compared to the current market price of 136 USD, Welltower Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart WELL
FINANCIALS
6.63 B
REVENUE
1.12 B
OPERATING INCOME
340 M
NET INCOME
1.6 B
OPERATING CASH FLOW
-5.71 B
INVESTING CASH FLOW
5.45 B
FINANCING CASH FLOW
2.01 B
REVENUE
457 M
OPERATING INCOME
467 M
NET INCOME
685 M
OPERATING CASH FLOW
-1.45 B
INVESTING CASH FLOW
1.68 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Welltower Inc.
| Current Assets | 4.2 B |
| Cash & Short-Term Investments | 1.99 B |
| Receivables | 1.81 B |
| Other Current Assets | 398 M |
| Non-Current Assets | 39.8 B |
| Long-Term Investments | 1.67 B |
| PP&E | 351 M |
| Other Non-Current Assets | 37.8 B |
| Current Liabilities | 1.1 B |
| Accounts Payable | 173 M |
| Short-Term Debt | 303 M |
| Other Current Liabilities | 623 M |
| Non-Current Liabilities | 15 B |
| Long-Term Debt | 14.4 B |
| Other Non-Current Liabilities | 675 M |
EFFICIENCY
Earnings Waterfall
Welltower Inc.
| Revenue | 6.63 B |
| Cost Of Revenue | 3.95 B |
| Gross Profit | 2.68 B |
| Operating Expenses | 172 M |
| Operating Income | 1.12 B |
| Other Expenses | 777 M |
| Net Income | 340 M |
RATIOS
40.48%
GROSS MARGIN
16.84%
OPERATING MARGIN
5.13%
NET MARGIN
1.34%
ROE
0.77%
ROA
2.66%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Welltower Inc.
| Net Income | 340 M |
| Depreciation & Amortization | 1.4 B |
| Capital Expenditures | -50.7 M |
| Stock-Based Compensation | 37.2 M |
| Change in Working Capital | -76.4 M |
| Others | -180 M |
| Free Cash Flow | 1.55 B |
Wall Street Analysts Price Targets
Welltower Inc.
Wall Street analysts predict an average 1-year price target for WELL of $112 , with forecasts ranging from a low of $100 to a high of $133 .
WELL Lowest Price Target
Wall Street Target
100 USD
-26.48%
WELL Average Price Target
Wall Street Target
112 USD
-17.97%
WELL Highest Price Target
Wall Street Target
133 USD
-2.22%
4. DIVIDEND ANALYSIS
0.52%
DIVIDEND YIELD
0.67 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Welltower Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
187 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Jun 04, 2024
|
Sell 187 K USD
|
BACON KENNETH J
Director |
- 1800
|
103.91 USD |
|
4 years ago
Oct 30, 2020
|
Bought 106 K USD
|
HAWKINS PHILIP L
Director |
+ 2000
|
52.94 USD |
|
5 years ago
May 14, 2019
|
Sell 1.5 M USD
|
DEROSA THOMAS J
Chairman & CEO |
- 19307
|
77.898 USD |
|
5 years ago
Mar 13, 2019
|
Sell 43.9 USD
|
Goodey John
Chief Financial Officer |
- 0.569
|
77.13 USD |
|
5 years ago
Feb 28, 2019
|
Sell 372 K USD
|
Kerr Mercedes
EVP-Business Development |
- 5000
|
74.5 USD |
|
5 years ago
Dec 11, 2018
|
Sell 40.3 K USD
|
Kerr Mercedes
EVP-Business Development |
- 551
|
73.178 USD |
|
5 years ago
Dec 11, 2018
|
Sell 164 K USD
|
Kerr Mercedes
EVP-Business Development |
- 2239
|
73.175 USD |
|
5 years ago
Dec 11, 2018
|
Sell 114 K USD
|
Kerr Mercedes
EVP-Business Development |
- 1552
|
73.1465 USD |
|
6 years ago
Aug 10, 2018
|
Bought 3.94 K USD
|
Mitra Shankh
EVP, Investments |
+ 62
|
63.55 USD |
|
6 years ago
Jun 06, 2018
|
Sell 29.6 USD
|
TRUMBULL R SCOTT
Director |
- 0.5171
|
57.33 USD |
|
6 years ago
May 01, 2018
|
Bought 50.1 K USD
|
Whitelaw Gary
Director |
+ 925
|
54.179 USD |
|
6 years ago
Mar 15, 2018
|
Bought 32.2 K USD
|
BACON KENNETH J
Director |
+ 600
|
53.632 USD |
|
6 years ago
Feb 26, 2018
|
Bought 99.8 K USD
|
Whitelaw Gary
Director |
+ 1862
|
53.609 USD |
|
6 years ago
Nov 21, 2017
|
Bought 97.1 K USD
|
Whitelaw Gary
Director |
+ 1420
|
68.385 USD |
|
7 years ago
Mar 28, 2017
|
Sell 453 K USD
|
Nungester Paul D Jr
|
- 6452
|
70.2649 USD |
|
7 years ago
Mar 08, 2017
|
Sell 175 K USD
|
KLIPSCH FRED S
Director |
- 2606
|
67.14 USD |
|
7 years ago
Mar 01, 2017
|
Sell 1.88 M USD
|
ESTES SCOTT A
EVP and CFO |
- 26968
|
69.572 USD |
7. News
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.
seekingalpha.com
- 1 day ago
2 Overpriced REITs To Avoid And 1 Better Buy
Not all REITs are worth buying. Some very popular REITs are today overpriced. I present two of them to avoid and one better alternative.
seekingalpha.com
- 1 week 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.
seekingalpha.com
- 2 weeks 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.
seekingalpha.com
- 2 weeks 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.
zacks.com
- 2 weeks 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.
zacks.com
- 2 weeks ago
Welltower (WELL) Q3 FFO and Revenues Top Estimates
Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.11 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to FFO of $0.92 per share a year ago.
zacks.com
- 2 weeks ago
Welltower raises annual FFO forecast on resilient demand for senior housing
Welltower raised its annual funds from operations forecast on Monday, betting on resilient demand for the healthcare real estate investment trust's assisted living and senior housing properties.
reuters.com
- 2 weeks ago
Welltower Issues Business Update
TOLEDO, Ohio , Oct. 28, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/business-update-October2024 About Welltower 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.
prnewswire.com
- 2 weeks ago
Welltower Reports Third Quarter 2024 Results
TOLEDO, Ohio , Oct. 28, 2024 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2024. Recent Highlights Reported net income attributable to common stockholders of $0.73 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.11 per diluted share, an increase of 20.7% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 12.6%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 23.0% SHO portfolio year-over-year same store revenue increased 8.9% in the third quarter, driven by 310 basis points ("bps") of year-over-year average occupancy growth and Revenue Per Occupied Room ("RevPOR") growth of 4.9% SHO portfolio year-over-year SSNOI margin expanded by 300 bps in the third quarter driven primarily by strong RevPOR growth, which continued to meaningfully outpace Expense per Occupied Room ("ExpPOR") growth During the third quarter, we completed $2.4 billion of pro rata gross investments, including $2.2 billion in acquisitions and loan funding and $203 million in development funding Since the beginning of the year, we have closed or have definitive agreements to close $6.1 billion in pro rata acquisitions and loan funding Improved net debt to Adjusted EBITDA to 3.73x at September 30, 2024 from 5.14x at September 30, 2023 As of September 30, 2024, we had approximately $8.8 billion of available liquidity inclusive of $3.8 billion of available cash and restricted cash and full capacity under our $5.0 billion line of credit As previously announced, the Board of Directors approved a 10% increase in the quarterly dividend per share, reflecting our solid financial performance, low payout ratio owing to outsized levels of cash flow growth and the Board's confidence in the Company's strong growth prospects going forward Capital Activity and Liquidity Liquidity Update During the third quarter, net debt to consolidated enterprise value improved to 13.1% as of September 30, 2024 from 20.9% as of December 31, 2023.
prnewswire.com
- 2 weeks ago
These REITs Trade At Discounts, But Should They?
There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups.
seekingalpha.com
- 3 weeks ago
Healthpeak's Q3 FFO Beats Estimates, Same-Store NOI Rises
DOC's Q3 FFO tops estimates. Results reflect a year-over-year rise in revenues and total merger-combined same-store cash (adjusted) NOI.
zacks.com
- 3 weeks ago
8. Profile Summary
Welltower Inc. WELL
COUNTRY
US
INDUSTRY
REIT - Healthcare Facilities
MARKET CAP
$ 84.7 B
Dividend Yield
0.52%
Description
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.
Contact
4500 Dorr Street, Toledo, OH, 43615
https://www.welltower.com
IPO Date
March 19, 1980
Employees
533
Officers
Ms. Pam Byrne
Senior Vice President & Head of Human Capital
Mr. Joseph P. Weisenburger
Senior Vice President of Relationship Management
Mark Hernandez
Chief Technology Officer
Mr. John Olympitis
Senior Vice President & Head of Corporate Development
Mr. Shankh S. Mitra
Chief Executive Officer & Director
Mr. John F. Burkart
Executive Vice President & Chief Operating Officer
Mr. Matthew Grant McQueen J.D.
Executive Vice President, General Counsel & Corporate Secretary
Mr. Nikhil Chaudhri
Executive Vice President & Chief Investment Officer
Mr. Joshua T. Fieweger
Senior Vice President & Chief Accounting Officer
Mr. Krishna Soma
Senior Vice President of Corporate Finance