Welltower Inc. (NYSE:WELL) is included among the 15 Dividend Stocks that Outperform the S&P 500. Morgan Stanley Notes Strong Supply-Demand Fundamentals in Senior Housing for Welltower (WELL) On November 20, Mor‍ga‌n Stanley raised its price targe‌t on Welltower Inc. (NYSE:WELL) to $200 from $‍170 while maintaining an Overweight rat‌ing. The analyst cited strong third-quarter results and favorable supply-demand⁠ dynamics in senior housing, noting increased confidence‌ in the company’s ability to drive mar ...

Toledo, Ohio-based Welltower Inc. (WELL) operates as a REIT and engages in investments with seniors housing operators, post-acute providers, and health systems. With a market cap of $142.9 billion, Welltower’s portfolio is concentrated in major, high-growth markets in the U.S., Canada, and the U.K. Companies worth $10 billion or more are generally referred to as “large-cap stocks.” Welltower fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size, influe ...

Core Insights - The article highlights three notable REITs (Realty Income, Prologis, and Welltower) that are recommended for investors seeking dividend income and exposure to real estate markets [1][2][3]. Realty Income - Realty Income has a history of increasing dividends for over three decades and pays dividends monthly, with its 665th consecutive quarterly dividend recently paid [4][5]. - The company operates a low-overhead business model with a diversified portfolio of over 1,500 properties leased primarily under long-term triple-net lease agreements, ensuring stable rental income [5][8]. - In Q3, Realty Income reported revenue growth of 11% year-over-year to $1.47 billion and FFO per share of $1.07, with a portfolio occupancy rate of 98.7% [8]. Prologis - Prologis is the leading logistics REIT, owning or investing in approximately 1.3 billion square feet of property globally, and has increased its dividend for 12 consecutive years [9][10]. - The company reported a 4.2% increase in core FFO per share to $1.49 in Q3 2025, with record leasing activity of 62 million square feet and a portfolio occupancy rate of 95.3% [12][13]. - Prologis is strategically positioned to benefit from the growing e-commerce market and is expanding into the data center sector, securing 5.2 gigawatts of utility-fed power capacity [13]. Welltower - Welltower specializes in healthcare infrastructure, focusing on senior housing in the U.S., U.K., and Canada, with a current yield of about 1.5% [14][15]. - The company has launched a private funds management business to pursue broader investment opportunities and is focusing on its senior housing operating portfolio [15][18]. - In Q3, Welltower's normalized FFO per share increased by 21% year-over-year to $1.34, with same-store net operating income rising about 15% [18].

Core Insights - Welltower Inc. is a leading real estate investment trust (REIT) focused on healthcare infrastructure, investing in senior housing, post-acute communities, and outpatient medical properties [1] - Wells Fargo has set a new price target for Welltower at $218, indicating a potential increase of 6.82% from its current trading price of $204.64 [2][6] - The Investment Committee has identified Welltower as a top stock to watch, alongside companies like Alphabet and Starbucks, indicating broad investor interest across various sectors [3] Stock Performance - Welltower's stock has recently increased by 1.16%, translating to a rise of $2.34, with a trading range between $201.55 and $205.33 [4] - The stock's highest price over the past year was $205.33, while the lowest was $123.11, indicating significant volatility [4] Market Position - Welltower's market capitalization is approximately $140.45 billion, reflecting its substantial presence in the healthcare real estate sector [5][6] - The trading volume for Welltower is 1,843,538 shares, indicating active investor engagement [5][6]

Group 1: Alphabet Inc. (GOOGL) - Alphabet Inc. has seen its shares soar to new all-time highs, with a remarkable gain of 54% year-to-date in 2025 [1] - The company's co-founders are now among the wealthiest individuals globally due to the significant increase in share value [1] - On Thursday, Alphabet shares fell by 1.2% to close at $289.45 [5] Group 2: Starbucks Corporation (SBUX) - Starbucks has entered into a joint venture agreement with Boyu Capital to operate its retail locations in China, with Boyu acquiring up to a 60% stake based on an enterprise value of approximately $4 billion [2] - During the trading session, Starbucks shares declined by 1.3% to close at $82.62 [5] Group 3: Welltower Inc. (WELL) - Welltower Inc., a healthcare REIT, was named as a final trade by a senior managing director, with Morgan Stanley maintaining an Overweight rating and raising the price target from $170 to $200 [3] - Welltower shares rose by 0.4% to settle at $197.58 on Thursday [5]

REIT Sector Performance - The REIT sector experienced a decline of -4.03% in October, resulting in a year-to-date return of -4.69% for the average REIT, significantly underperforming the broader market indices such as NASDAQ (+4.7%), Dow Jones (+2.6%), and S&P 500 (+2.3%) [1] - The Vanguard Real Estate ETF (VNQ) had a less severe decline of -2.45% in October but has outperformed year-to-date with a return of +2.98% [1] - The spread between the 2026 FFO multiples of large cap REITs (16x) and small cap REITs (12.7x) widened, indicating that investors are paying 26% more for each dollar of FFO from large cap REITs compared to small cap REITs [1] Property Type Performance - In October, micro cap REITs led the sector with the smallest average decline of -2.81%, followed by mid caps (-3.11%), large caps (-4.45%), and small caps (-5.05%) [3] - 14 out of 18 property types averaged negative returns in October, with only 22.22% of property types achieving a positive total return [5] - Office properties had the worst performance at -12.74%, while Hotels (+3.82%) and Data Centers (+2.53%) were the best performers [5][6] Year-to-Date Performance - Year-to-date through October 2025, Office properties (-16.87%), Single Family Housing (-14.94%), and Land (-14.91%) have underperformed, while Health Care (+19.74%) has significantly outperformed [7] - The average P/FFO for the REIT sector declined from 14.1x to 13.5x during October, with 22.2% of property types experiencing multiple expansion [8] Individual Securities - Sotherly Hotels (SOHO) saw a significant increase of +165.00% on October 27th due to an acquisition announcement, with shareholders set to receive $2.25/share, a 152.7% premium [10] - Office Properties Income Trust (OPI) faced a dramatic decline of -88.76% ahead of its delisting and subsequently filed for Chapter 11 bankruptcy, with a year-to-date return of -96.15% [11] Dividend Yield - High dividend yields are a key attraction for investors in the REIT sector, with many REITs trading below their NAV, leading to attractive yields despite potential risks [15]

Core Insights - Welltower (WELL) is a real estate investment trust (REIT) valued at $135 billion, focusing on senior housing, healthcare, and outpatient facilities [1][5] - The company operates in major high-growth markets across the United States, Canada, and the U.K. [1] - Welltower's portfolio is divided into three segments: triple-net, senior housing opportunities, and outpatient medical facilities [2] Financial Performance - Welltower's stock has shown strong performance, gaining 45% over the past year and over 50% year-to-date [5] - The stock recently reached an all-time high of $199.11 on November 18 [4] - The stock is currently trading at $199.02, with a 50-day moving average of $177.11 [6] Technical Indicators - Welltower has a Weighted Alpha of +52.67 and a Relative Strength Index (RSI) of 79.53, indicating strong momentum [6] - The stock has maintained a Trend Seeker "Buy" signal since October 17, during which it gained 13.35% [3][6] - Barchart gives Welltower a 100% "Buy" opinion, with multiple analysts providing "Buy" ratings and price targets as high as $246 [5][6]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Welltower (WELL) - Welltower currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for performance [3][4]. - The stock has shown significant price increases, with a 1.88% rise over the past week and a 10.7% increase over the past month, outperforming its industry [6]. - Over the last quarter, Welltower shares have risen 17.87%, and over the past year, they have increased by 42.49%, compared to the S&P 500's gains of 4.5% and 14.56%, respectively [7]. Trading Volume - Welltower's average 20-day trading volume is 3,112,397 shares, which is a useful indicator of market interest and price movement [8]. Earnings Outlook - In the past two months, four earnings estimates for Welltower have been revised upwards, increasing the consensus estimate from $5.10 to $5.17 [10]. - For the next fiscal year, four estimates have also moved higher, with no downward revisions, indicating positive sentiment [10]. Conclusion - Considering the positive price trends, trading volume, and upward earnings revisions, Welltower is positioned as a strong momentum pick with a 2 (Buy) rating and a Momentum Score of B [12].

Core Insights - Welltower's shares have increased by 19.3% over the past three months, significantly outperforming the industry average of 3.5% [2] - The company is benefiting from rising healthcare spending and an aging population, which positively impacts its seniors housing operating (SHO) portfolio [2][6] - Welltower's third-quarter 2025 normalized funds from operations (FFO) per share reached $1.34, exceeding the Zacks Consensus Estimate of $1.30, and reflecting a year-over-year improvement of 20.7% [3] Financial Performance - The total portfolio same-store net operating income (SSNOI) has surged year over year, driven by growth in the SHO portfolio, marking the 12th consecutive quarter of over 20% SSNOI growth [3][6] - Welltower has increased its guidance for 2025 normalized FFO per share, with the Zacks Consensus Estimate revised to $5.17 [4] Strategic Initiatives - The company has executed pro-rata acquisitions totaling $2.52 billion for 95 SHO properties from the beginning of the year through October 27, 2025 [7][8] - Recent acquisitions include a £5.2 billion portfolio of seniors housing real estate in the U.K. and a £1.2 billion acquisition of equity ownership in another U.K. portfolio [9] Market Position and Liquidity - Welltower maintains a healthy balance sheet with $11.9 billion in available liquidity, including $6.9 billion in cash and a fully utilized $5 billion line of credit [10] - The net debt to adjusted EBITDA ratio stands at 2.36X, with debt maturities well-laddered and a weighted average maturity of 5.7 years, enhancing financial flexibility [10]

Core Viewpoint - Welltower Inc. is highlighted as a strong investment opportunity due to its robust financial performance and strategic focus on senior housing, with analysts maintaining positive ratings and price targets [1][4]. Financial Performance - The company reported solid third-quarter results, showing growth in normalized funds from operations per share, which led to an increase in guidance above consensus estimates [2]. - Welltower's concentration of senior housing has increased to 72% of in-place net operating income, up from 59%, indicating a strategic shift towards this segment [3]. Strategic Initiatives - The company is transitioning away from medical office buildings and focusing more on senior housing, which is expected to drive future growth [2][3]. - Analysts expect Welltower's substantial transactional activity, alongside its focus on senior housing, to position the company favorably for future performance [3]. Analyst Ratings - BMO Capital Markets analyst Juan Sanabria reiterated a Buy rating with a price target of $200, reflecting confidence in the company's strategic direction and financial results [1]. - Morgan Stanley analyst Ronald Kamdem also maintained a Buy rating with a price target of $170, citing expectations of strong performance in the senior housing segment and significant investment activities totaling $23 billion [4].