Welltower(WELL)

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Welltower Issues Business Update
Prnewswire· 2024-07-29 20:38
TOLEDO, Ohio, July 29, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/july2024-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, postacute providers, and health systems to fund the real estate infrastructure needed to scale innovative care ...
Welltower Reports Second Quarter 2024 Results
Prnewswire· 2024-07-29 20:09
Recent Highlights Capital Activity and Liquidity Notable Portfolio Activity Announced Future Investment Activity Environmental, Social and Governance ("ESG") Pandemic Relief Funds: Our initial 2024 earnings guidance did not include the recognition of any pandemic relief funds which may be received during the year. During the six months ended June 30, 2024, we recognized approximately $2 million at our share related to Provider Relief Funds and similar programs in the United Kingdom and Canada. Our updated g ...
Stay Ahead of the Game With Welltower (WELL) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-07-25 14:21
Core Insights - Analysts' projections for specific key metrics provide valuable insights beyond consensus earnings and revenue estimates [1] Revenue Estimates - 'Revenues- Rental income' is projected at $412.03 million, reflecting a year-over-year increase of +7.5% [2] - 'Revenues- Interest income' is expected to reach $65.30 million, indicating a significant change of +68.7% from the prior-year quarter [4] - 'Revenues- Other income' is estimated at $17.50 million, showing a decline of -79.1% from the year-ago quarter [7] - 'Revenues- Resident fees and services' is forecasted at $1.40 billion, representing a year-over-year increase of +21.2% [9] - Total revenues are anticipated to amount to $1.87 billion, exhibiting an increase of +12.5% compared to the year-ago quarter [5] Earnings Projections - The consensus EPS estimate for the upcoming quarter is $1 per share, indicating a year-over-year increase of +11.1% [5] - There has been no revision in the consensus EPS estimate over the past 30 days, suggesting stability in analysts' projections [3] Depreciation and Amortization - Analysts predict 'Depreciation and amortization' will reach $382.12 million, compared to $341.95 million from the previous year [10] Market Performance - Shares of Welltower have increased by +7.6% in the past month, contrasting with a -0.3% change in the Zacks S&P 500 composite [5] - Welltower holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [5]
Welltower Announces Closing of $1.035 Billion of Exchangeable Senior Notes
Prnewswire· 2024-07-11 20:05
TOLEDO, Ohio, July 11, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) ("Welltower" or the "Company") announced today that its operating company, Welltower OP LLC ("Welltower OP"), has closed the previously announced offering (the "Offering") of $1.035 billion aggregate principal amount of 3.125% exchangeable senior notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Ac ...
Welltower Announces Upsized Pricing of $900 Million of Exchangeable Senior Notes
Prnewswire· 2024-07-09 10:50
TOLEDO, Ohio, July 9, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) ("Welltower" or the "Company") announced today that on July 8, 2024 its operating company, Welltower OP LLC ("Welltower OP"), priced and upsized the previously announced offering (the "Offering") of $900 million aggregate principal amount of 3.125% exchangeable senior notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amende ...
Welltower's (WELL) Stock Rises 18.1% YTD: Will the Trend Last?
ZACKS· 2024-07-08 17:27
Shares of Welltower Inc. (WELL) have gained 18.1% in the year-to-date period against the industry's decline of 6.8%. This Toledo, OH-based healthcare real estate investment trust (REIT) owns a well-diversified portfolio of healthcare real estate assets in the key markets of the United States, Canada and the U.K. Its portfoliorestructuring initiatives and capital-recycling activities have aided Welltower in riding the growth curve so far. A healthy balance sheet position will likely support its growth endeav ...
Welltower Announces Proposed Private Placement of $750 Million of Exchangeable Senior Notes
Prnewswire· 2024-07-08 11:12
Group 1 - Welltower Inc. announced an offering of $750 million aggregate principal amount of exchangeable senior notes due 2029, with an option for initial purchasers to buy an additional $112.5 million [1][4] - The notes will be senior unsecured obligations, accruing interest payable semi-annually, and will be exchangeable into cash or shares of common stock at Welltower OP's election [4][6] - The net proceeds from the offering will be used for general corporate purposes, including debt repayment and investment in health care and seniors housing properties [8] Group 2 - Welltower is a real estate investment trust focused on transforming health care infrastructure, investing in seniors housing and post-acute communities across the U.S., Canada, and the U.K. [6] - The company aims to fund the real estate infrastructure necessary for innovative care delivery models to enhance wellness and health care experiences [6]
Welltower(WELL) - 2024 Q1 - Earnings Call Transcript
2024-04-30 17:05
Welltower Inc. (NYSE:WELL) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Matthew McQueen - General Counsel Shankh Mitra - Chief Executive Officer John Burkart - Chief Operating Officer Tim McHugh - Chief Financial Officer Nikhil Chaudhri - Chief Investment Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Vikram Malhotra - Mizuho Nick Yulico - Scotiabank Austin Wurschmidt - KeyBanc Capital Markets Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital ...
Welltower(WELL) - 2024 Q1 - Quarterly Report
2024-04-30 11:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8923 WELLTOWER INC. (Exact name of registrant as specified in its charter) Delaware 34-1096634 (State or other jurisdiction of In ...
Welltower(WELL) - 2024 Q1 - Quarterly Results
2024-04-29 20:26
Table of Contents | Overview | | | --- | --- | | | 1 | | Portfolio | | | | 2 | | Investment | | | | 6 | | Financial | | | | 10 | | Glossary | | | | 15 | | Supplemental Reporting Measures | | | | 16 | | Forward Looking Statements and Risk Factors | 20 | Overview (dollars and occupancy at Welltower pro rata ownership; dollars in thousands) Portfolio Composition Beds/Unit Mix (1) | | Average | | | Wellness | Independent | Assisted | Memory | Long-Term/ Post-Acute | | --- | --- | --- | --- | --- | --- | --- | - ...