Welltower Inc Stock Price, News & Analysis

Welltower Inc. (NYSE: WELL), headquartered in Toledo, Ohio, specializes in improving health care infrastructure by investing in seniors housing operators and post-acute providers. This business update highlights their commitment to scaling innovative care delivery models across major markets in the U.S., Canada, and the UK. Welltower, a real estate investment trust, focuses on properties that enhance wellness and healthcare experiences. More details can be found through their official update link.

Welltower Inc. (NYSE: WELL) reported a net income of $0.14 per diluted share and normalized FFO of $0.82 per diluted share for Q1 2022, exceeding guidance. The company achieved a 15% year-over-year normalized FFO growth, with same-store occupancy rising by 460 bps to 78.0%. Total portfolio SSNOI growth reached 8.9%, supported by SHO portfolio growth of 18.4%. Welltower made significant investments totaling $1.2 billion in Q1. A cash dividend of $0.61 was declared, marking the 204th consecutive quarterly dividend. The guidance for Q2 anticipates net income per share of $0.20 to $0.25.

Welltower Inc. (NYSE: WELL) announced an expansion of its partnership with Oakmont Management Group, agreeing to acquire seven senior living communities in California for approximately $344 million. These properties include four rental and three continuing care retirement communities, with expected cost savings and revenue enhancement due to geographic overlap. The transaction, funded by cash and operating partnership units, aims for a high-single-digit unlevered IRR. This addition brings their partnership to 22 assets, with a strong growth pipeline anticipated in 2023.

Welltower Inc. (NYSE: WELL) will announce its first quarter 2022 financial results on May 10, 2022, after market close. A conference call is scheduled for May 11, 2022, at 9:00 a.m. ET, to discuss these results. Interested parties can access the call via the company’s website or by telephone. A replay of the call will be available starting at 12:30 p.m. ET on the same day. Welltower is a real estate investment trust focused on improving health care infrastructure through strategic investments in seniors housing and health systems.

Welltower Inc. (NYSE: WELL) announced a business update in connection with forthcoming investor meetings on April 21, 2022. The company, based in Toledo, Ohio, is focused on transforming health care infrastructure through investments in seniors housing and post-acute care. Welltower's portfolio includes properties across the U.S., Canada, and the U.K., aimed at enhancing wellness and healthcare experiences. More details are available in the full update at Welltower's website.

Land & Buildings Investment Management has criticized Ventas for underperformance, urging shareholders to support nominee Jonathan Litt in the upcoming board election. A report from Institutional Shareholder Services (ISS) highlighted Ventas’ poor total shareholder return (TSR) compared to Welltower, indicating a significant valuation gap. ISS acknowledged the need for a shareholder representative on the board to enhance accountability. Additionally, the appointment of Michael Embler was deemed antagonistic, raising concerns about board credibility.

On April 5, 2022, Welltower Inc. (NYSE: WELL) issued a business update during the Credit Suisse Inaugural Healthcare REIT Summit. The company, a leader in health care infrastructure, focuses on investing in seniors housing and health systems to enhance care delivery and wellness. Welltower operates in high-growth markets across the U.S., Canada, and the U.K., primarily in seniors housing and outpatient medical properties. For further details, the full update can be accessed at welltower.com.

Welltower Inc. (NYSE: WELL) is set to participate in the Citi 2022 Global Property CEO Conference on March 8, 2022, from 11:15 to 11:50 a.m. Eastern Time. The company will be represented by CEO Shankh Mitra, CFO Tim McHugh, and COO John Burkart. A live webcast of the presentation will be available for one year after the conference. Welltower is a leading real estate investment trust (REIT) focused on transforming health care infrastructure and investing in senior housing and outpatient medical properties across the U.S., Canada, and the UK.

Land & Buildings Investment Management has criticized Ventas’ long-term shareholder returns and earnings growth, claiming significant underperformance against its peer, Welltower Inc. (WELL). The firm argues that Ventas has suffered from poor communication and capital allocation issues, necessitating a change in its Board of Directors. Land & Buildings nominated its CIO Jonathan Litt for election to the Board at the upcoming 2022 Annual Meeting. The letter highlights that Ventas has lagged in key financial metrics, urging the need for better shareholder representation.