Stock Data
$1.00 (0.42%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - HEALTHCARE FACILITIES
Welltower Inc., based in Toledo, Ohio, is a real estate investment trust (REIT) that plays a pivotal role in transforming health care infrastructure. The company partners with top seniors housing operators, post-acute providers, and health systems. Welltower's investments support the expansion of innovative care delivery models, aiming to enhance wellness and the health care experience. It owns a portfolio of properties across the United States, Canada, and the United Kingdom, focusing on seniors housing, post-acute communities, and outpatient medical facilities.
Welltower crushed expectations with $1.60 normalized FFO per share, nearly tripling the $0.65 consensus, as the Amica acquisition ramped revenue 41% year-over-year while senior housing occupancy hit a four-year high of 89.4%. The healthcare REIT also jacked its quarterly dividend 15% to $0.85 and raised full-year FFO guidance, signaling confidence in its post-acquisition integration and the aging demographic tailwind.
Welltower reports after hours as investors gauge whether occupancy gains in senior housing are finally translating to funds from operations growth.
44 Articles
Our top personal finance-related articles today. Your wallet will thank you later.
