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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Welltower's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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News
Rhea-AI Summary

Welltower® Inc. (WELL) has issued a business update outlining key developments and strategies for the future. The update can be accessed on the company's website.

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-0.52%
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Rhea-AI Summary

Welltower Inc. (NYSE: WELL) reported strong financial results for Q1 2024, with a net income per diluted share of $0.22 and an 18.8% increase in normalized FFO per diluted share. The company achieved a 12.9% SSNOI growth in its Seniors Housing Operating portfolio. Additionally, Welltower improved its net debt to Adjusted EBITDA ratio to 4.03x and has $6.5 billion in available liquidity.

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Rhea-AI Summary
Welltower Inc. (WELL) will release first quarter 2024 financial results on April 29, 2024, followed by a conference call and webcast on April 30, 2024, to discuss the results. Investors can access the call via the Company's website, webcast, or telephone.
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Welltower Inc. (WELL) management team to participate in Citi 2024 Global Property CEO Conference, offering a live webcast accessible for one year.
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News
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Welltower Inc. (WELL) releases a business update highlighting strong financial performance, strategic acquisitions, and innovative partnerships in February 2024.
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6.99%
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Welltower Inc. (WELL) announces a strategic partnership with Affinity Living Communities to acquire a portfolio of 25 active adult communities for $969 million. The acquisition aims to scale Welltower's Wellness Housing portfolio into high-growth markets, expanding to nearly 25,000 units. The transaction is expected to close in tranches over the next few months, funded through cash on hand and below-market rate debt. Affinity communities offer extensive amenity space, resident-led programming, and high operating margins.
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6.99%
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partnership acquisition
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Welltower Inc. (WELL) announced strong financial results for Q4 2023, with net income of $0.15 per share and normalized FFO of $0.96 per share, a 15.7% increase. Total portfolio SSNOI growth was 12.5%, driven by SHO portfolio growth of 23.7%. WELL completed $3.0 billion of investments in Q4 and had $6.1 billion of liquidity as of Dec 31, 2023. For the year, net income was $0.66 per share, normalized FFO was $3.64 per share, and SSNOI grew by 12.6%. WELL improved net debt to Adjusted EBITDA to 5.03x. Dissolved joint ventures with Revera and Chartwell, enhancing regional density. WELL expects net income of $1.21 to $1.37 per share and normalized FFO of $3.94 to $4.10 per share in 2024.
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6.99%
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News
Rhea-AI Summary
Welltower Inc. (WELL) has issued a business update in preparation for upcoming investor meetings. The update includes information on the company's recent developments and future plans. Welltower has also provided a link to access the complete update on their website.
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Welltower Inc. (WELL) will release its fourth quarter 2023 financial results on February 13, 2024, followed by a conference call and webcast on February 14, 2024, to discuss the results. The earnings release will be available on the company's website. Investors can access the conference call via webcast or telephone, with a webcast replay available for 90 days.
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News
Rhea-AI Summary
Welltower Inc. (NYSE: WELL) Business Update: Welltower Inc. has released a business update outlining its recent developments and future plans. The update can be accessed on the company's website.
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Welltower Inc.

NYSE:WELL

WELL Rankings

WELL Stock Data

57.28B
568.04M
0.09%
96.52%
1.25%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
TOLEDO

About WELL

health care reit, inc. is now welltower™ welltower™ is a recognized leader in providing consistent, low-cost capital to fund health care infrastructure and real estate. our business structure as a publically traded reit (nyse:hcn) provides us with opportunities to fund innovative solutions designed to keep patients out of higher cost, higher acuity settings while delivering better treatment at lower cost. global demographic and social trends, notably the aging of the population, require vast investments and infrastructure development. the devastating impact of dementia on people and their families demands new solutions. together with our operating partners, we’re creating environments that help our partners meet the challenges of this complicated and rapidly changing market. welltower™ partners with some of the most innovative health systems and seniors housing operators to grow their platforms and support the evolution of health care. together with our partners, we seek to drive