Welltower Inc Stock Price, News & Analysis

On June 30, 2022, Welltower Inc. (NYSE: WELL) released its 2021 Environmental, Social and Governance (ESG) Report, showcasing significant progress in ESG initiatives. Key achievements include receiving the ENERGY STAR® Partner of the Year award and improving its MSCI ESG rating from A to AA. Welltower was also recognized in the Dow Jones Sustainability North America Composite Index and named one of America's Most Responsible Companies by Newsweek. The report highlights the company's commitment to corporate responsibility and sustainability, benefiting stakeholders and reinforcing Welltower's market position.

Welltower Inc. (NYSE: WELL) announced the closing of a $4.0 billion unsecured revolving line of credit and a $1.0 billion term loan, enhancing its liquidity and extending its debt maturity profile. The amendments also improve pricing across the Term Facility, allowing a reduction in interest rates tied to greenhouse gas emissions. The company can increase its credit facilities by up to $1.25 billion, bringing total available credit to over $6.5 billion. This move supports Welltower's aim to maintain financial flexibility and create shareholder value.

Welltower® Inc. (NYSE: WELL) has updated its Q2 2022 financial outlook, now forecasting net income attributable to common stockholders of $0.22 - $0.25 per diluted share, an increase from previous guidance of $0.20 - $0.25. The company also projects normalized funds from operations between $0.84 - $0.87 per diluted share, up from $0.82 - $0.87. This positive adjustment reflects Welltower's strategy in transforming health care infrastructure, focusing on seniors housing and outpatient medical properties across high-growth markets in the US, Canada, and the UK.

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.