Welltower Inc Stock Price, News & Analysis

Welltower Inc. (NYSE: WELL) issued a business update on February 9, 2021, emphasizing its role in transforming health care infrastructure. The company collaborates with leading seniors housing operators and health systems to enhance real estate for innovative care delivery. Welltower operates primarily in high-growth markets across the U.S., Canada, and the U.K., focusing on seniors housing, post-acute communities, and outpatient medical properties. For further details, visit Welltower's official site.

Welltower Inc. reported fourth-quarter 2020 results, highlighting a net income of $0.39 per diluted share and a normalized FFO of $0.84. The company completed $657 million in acquisitions and $781 million in dispositions, yielding a liquidity of $5.1 billion. Occupancy rates in the Seniors Housing Operating portfolio dropped to 74.4% due to COVID-19 challenges. Welltower collected 97% of rents due and received approximately $34 million in Provider Relief Funds. A cash dividend of $0.61 per share was declared, marking 199 consecutive quarterly dividends.

Sunrise Senior Living has appointed Jack R. Callison, Jr. as its new CEO, effective April 1, 2021. With over two decades of experience in senior housing, Callison previously served as CEO of Enlivant. His appointment is expected to enhance Sunrise's operational excellence and innovation. The management change is supported by the Board, highlighting Callison's commitment to resident care and a focus on growth. Sunrise operates 331 communities across the U.S., Canada, and the U.K., employing approximately 32,000 people.

Welltower Inc. (NYSE: WELL) is set to release its fourth quarter 2020 financial results on February 9, 2021, post-market. A conference call will follow on February 10, 2021, at 9:00 AM ET to discuss the results. Interested parties can access the earnings release via the company's website. Welltower, a REIT based in Toledo, Ohio, focuses on investing in seniors housing and outpatient medical properties across the U.S., Canada, and the U.K.

Welltower Inc. (NYSE: WELL) announced its participation in the Stifel Healthcare Real Estate Conference on January 19, 2021. Alongside this, the company released a business update, which provides insights into its strategic initiatives. Welltower, an S&P 500 company based in Toledo, Ohio, focuses on transforming healthcare infrastructure through investments in seniors housing, post-acute providers, and health systems to enhance care delivery and wellness.

For further details, visit Welltower's January Business Update.

Welltower Inc. (NYSE: WELL) announced its participation in the MKM Partners Virtual Conference on December 15, 2020. Alongside this event, the company released a business update, accessible at welltower.com/december-business-update. Welltower, a leading real estate investment trust (REIT) headquartered in Toledo, Ohio, focuses on enhancing health care infrastructure by investing in seniors housing and outpatient medical properties across the US, Canada, and the UK.

Welltower Inc. (NYSE: WELL) has entered a $550 million joint venture with Wafra Inc. to manage a portfolio of 24 medical office properties across various states including Texas, Florida, and California. Welltower retains a 20% stake and will continue as asset manager. This partnership aims to leverage Welltower's expertise in healthcare real estate, aligning with Wafra's investment strategy. The collaboration is positioned to capitalize on growth in medical office sectors, enhancing value for both parties and their investors.

Welltower Inc. (NYSE: WELL) provided a business update on November 16, 2020. The company, a key player in healthcare infrastructure transformation, focuses on investing in seniors housing, post-acute properties, and outpatient medical facilities in high-growth markets across the U.S., Canada, and the UK. Welltower collaborates with leading operators to enhance care delivery and improve wellness. For additional details, visit Welltower's official page.