Welltower Inc Stock Price, News & Analysis

Welltower® Inc. (NYSE: WELL) provided a business update on Aug. 9, 2022. This S&P 500 company, headquartered in Toledo, Ohio, focuses on transforming health care infrastructure by investing in seniors housing, post-acute providers, and health systems. Welltower owns properties in major markets across the US, Canada, and the UK, enhancing innovative care delivery models. The update includes insights into their current strategies and market presence, which are crucial for understanding their impact on wellness and healthcare experiences.

Welltower Inc. (NYSE: WELL) reported Q2 2022 results, showing a net income of $0.20 per share and normalized FFO of $0.86 per share, with a year-over-year FFO growth of 8.9%. The company achieved 8.7% same store NOI growth and a significant increase in its Seniors Housing Operating portfolio's revenue, up 11.5%. It completed $1.6 billion in investments and improved its unsecured credit facility to $5.2 billion. Welltower declared a cash dividend of $0.61 per share, marking its 205th consecutive quarterly payment. Outlook for Q3 includes anticipated net income of $0.12 to $0.17 per share.

Sunrise Senior Living, in collaboration with Hines and Welltower (NYSE: WELL), announced its second luxury senior lifestyle community, The Apsley, in New York City. Situated on the Upper West Side, it will offer 76 assisted living and 80 memory care residences, accommodating up to 178 residents. The community aims to provide high-quality services, with a focus on independence and well-being. Construction is underway, with an opening planned for spring 2023, promising a modern environment tailored to the needs of the area's seniors.

Welltower Inc. (NYSE: WELL) announced that its second quarter 2022 financial results will be released on August 9, 2022, after market close. A conference call and webcast are scheduled for August 10, 2022, at 9:00 a.m. ET to discuss the financial results. Investors can access the call via the company's website or through a toll-free number. A replay will be available from 1:00 p.m. ET on the same day until August 17, 2022. Welltower focuses on healthcare infrastructure, investing in seniors housing and outpatient medical properties.

Welltower Inc. (NYSE: WELL) has announced a business update ahead of upcoming investor meetings on July 13, 2022. The company's focus is on transforming health care infrastructure by investing with leading operators in seniors housing, post-acute care, and health systems. Welltower, a real estate investment trust, holds properties in key markets across the U.S., Canada, and the U.K., targeting innovative care delivery models to enhance wellness and healthcare experiences. For further details, visit this link.

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.