Welltower Inc - WELL STOCK NEWS

Welltower reported strong Q1 2025 financial results, with net income of $0.40 per diluted share and normalized funds from operations of $1.20 per diluted share, marking an 18.8% year-over-year increase.

Key highlights:

• Total portfolio same-store NOI growth of 12.9%, driven by Seniors Housing Operating portfolio growth of 21.7%
• Seniors Housing revenue increased 9.6%, supported by 400 basis points occupancy growth
• Completed $2.8 billion in investments, including $2.7 billion in acquisitions
• Announced agreement to acquire 38 luxury senior housing communities and 9 development parcels for C$4.6 billion
• Improved financial strength with net debt to Adjusted EBITDA reducing to 3.33x from 4.03x year-over-year
• Credit rating upgrades from S&P to "A-" and Moody's to "A3"

2025 outlook revised upward with normalized FFO guidance increased to $4.90-$5.04 per diluted share, supported by expected same-store NOI growth of 10.00-13.25%.

Land & Buildings Investment Management, a significant stockholder of National Health Investors (NHI), has filed definitive proxy materials and sent a letter to stockholders advocating for boardroom change at the upcoming 2025 Annual Meeting on May 21, 2025.

The activist investor is nominating two independent candidates - Adam Troso and Jim Hoffmann - citing concerns over NHI's corporate governance and conflicts of interest, particularly regarding ongoing lease renewal negotiations with major tenant National Healthcare Corp (NHC).

Key issues highlighted include:

• NHI's significant underperformance: -61% vs peers over 5 years, -19% over 3 years, and -27% over 1 year
• Potential 60% upside in NHC lease renewal, representing approximately $0.55/share or 12% FFO/share increase
• Forecast of $1 billion in senior housing acquisitions over next 12-24 months, potentially increasing FFO/share by 10%
• Board conflicts including multiple directors' significant stock ownership in tenant NHC

Welltower (NYSE: WELL) has scheduled its first quarter 2025 financial results announcement for Monday, April 28, 2025, after the NYSE trading closes. The company will host a conference call and webcast on Tuesday, April 29, 2025, at 9:00 a.m. ET to discuss the results.

Investors can access the conference call through multiple channels:

• Company website: www.welltower.com
• Webcast: https://events.q4inc.com/attendee/473222797 (recommended for non-question participants)
• Phone: Toll-free (888) 340-5024 or International (646) 960-0135 (Conference ID: 8230248)

A replay will be available from 1:00 p.m. ET on April 29 until May 6, 2025, accessible via US number (800) 770-2030 or International number (609) 800-9909.

Welltower (NYSE: WELL) has received credit rating upgrades from two major rating agencies. S&P Global Ratings raised its rating to 'A-' with a stable outlook, while Moody's Investor Service upgraded to 'A3' with a stable outlook.

S&P cited Welltower's robust industry tailwinds and strengthened balance sheet as key drivers, expecting strong operating performance to further improve credit metrics over the next two years. The company's superior operating platform provides a competitive advantage amid favorable industry supply and demand dynamics.

Moody's highlighted Welltower's improved leverage position, driven by strong revenue and earnings growth. The agency expects the company to benefit from accelerating aging population growth and market expansion, projecting achievement or exceedance of growth guidance.

Welltower (NYSE: WELL), an S&P 500 company and leading residential wellness and healthcare infrastructure firm, has unveiled a new brand identity and website reflecting its decade-long transformation. The company has evolved from a healthcare real estate deal shop to a data science and technology-driven operating company.

CEO Shankh Mitra highlighted key transformations including: implementation of the Welltower Business System (WBS), deployment of over $20 billion of capital in granular transactions, evolution of management contracts, and advancement of regional densification strategy. The company has developed a proprietary data science and machine learning platform, which has contributed to industry-leading results.

Welltower (NYSE: WELL) has announced its participation in the upcoming Citi 2025 Global Property CEO Conference. The company's management team is scheduled to present on Tuesday, March 4, 2025, from 11:40 a.m. to 12:15 p.m. Eastern Time.

The presentation will be accessible through a live webcast available at https://kvgo.com/citi/welltower-march-2025. The webcast recording will remain available for viewing for one year following the event.

Welltower (NYSE: WELL) announced on March 2, 2025, that it has released a business update. The company has made this update available on their website at welltower.com/march2025-business-update.

Welltower (NYSE: WELL) has announced a significant acquisition of Amica Senior Lifestyles' ultra-luxury seniors housing portfolio for C$4.6 billion. The deal encompasses 38 luxury senior housing communities and nine entitled development parcels, including a 31-property portfolio valued at C$3.2 billion, acquired from Ontario Teachers' Pension Plan.

The portfolio features properties in premium locations across Toronto, Vancouver, and Victoria, offering a continuum of care including independent living, assisted living, and memory care. The transaction includes 24 stabilized communities and seven recently opened properties in lease-up phase, acquired at a substantial discount to replacement cost.

Key aspects include:

• Formation of a long-term strategic partnership with Amica Senior Lifestyles
• Acquisition of seven under-construction properties (expected completion 2025-2027)
• Average RevPOR of over C$12,000 for under-construction properties
• Assumption of C$560 million CMHC-insured debt at 3.6% interest rate
• Expected closing in Q4 2025, subject to regulatory approvals

Welltower (NYSE: WELL) has released a new business update as of February 11, 2025. The full details of this update are available on their official website.