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Welltower Inc Stock Research

WELL

70.85USD-0.40(-0.56%)Market Closed

Market Summary

USD70.85-0.40
Market Closed
-0.56%

WELL Alerts

WELL Stock Price

WELL RSI Chart

WELL Valuation

Market Cap

32.8B

Price/Earnings (Trailing)

204.46

Price/Sales (Trailing)

5.6

EV/EBITDA

23.25

Price/Free Cashflow

24.71

WELL Price/Sales (Trailing)

WELL Profitability

EBT Margin

2.95%

Return on Equity

0.79%

Return on Assets

0.42%

Free Cashflow Yield

4.05%

WELL Fundamentals

WELL Revenue

Revenue (TTM)

5.9B

Revenue Y/Y

15.98%

Revenue Q/Q

3.03%

WELL Earnings

Earnings (TTM)

160.6M

Earnings Y/Y

-97.28%

Earnings Q/Q

167.77%

Price Action

52 Week Range

55.9997.11
(Low)(High)

Last 7 days

-4.6%

Last 30 days

-6.1%

Last 90 days

7.7%

Trailing 12 Months

-19.1%

WELL Financial Health

Debt/Equity

0.72

Debt/Cashflow

0.09

WELL Investor Care

Dividend Yield

3.44%

Dividend/Share (TTM)

2.44

Shares Dilution (1Y)

8.26%

Diluted EPS (TTM)

0.3

Peers (Alternatives to Welltower)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.7B
4.2B
-4.61% -14.88%
11.88
12.36
22.43% 122.66%
30.0B
4.7B
-6.82% -21.36%
79.47
6.4
5.96% -77.90%
22.3B
2.7B
-9.31% -29.65%
28.69
8.21
11.91% -41.71%
21.2B
2.6B
-23.98% -31.95%
40.62
8.18
22.46% -8.68%
13.2B
1.7B
-4.07% -13.87%
104.43
7.61
26.61% -85.07%
MID-CAP
7.7B
1.1B
-13.38% -14.77%
20.08
7.2
12.95% 47.42%
4.3B
802.0M
-9.03% -5.22%
-341.02
5.37
114.83% 84.36%
2.9B
1.8B
-31.59% -62.57%
-8.47
1.63
13.26% -296.88%
2.1B
859.2M
-25.44% -29.31%
-31.63
2.43
1.38% -563.21%
SMALL-CAP
1.9B
421.4M
-3.41% 12.84%
22.56
4.55
3.35% 1705.32%
1.7B
826.7M
-30.54% -63.53%
-22.04
2.08
-2.04% -117.36%
1.0B
190.3M
-7.76% -1.93%
11.27
5.46
12.08% 1950.56%
983.2M
740.4M
-22.73% -54.50%
-27.01
1.33
1.87% -78.85%

Financials for Welltower

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.7%5,8615,6515,4175,0864,742
  S&GA Expenses5.8%150142140135127
EBITDA0.7%2,0131,9991,9801,803-
EBITDA Margin-2.9%0.34*0.35*0.37*0.35*-
Earnings Before Taxes-26.4%173235320217171
EBT Margin-29.0%0.03*0.04*0.06*0.04*-
Interest Expenses3.6%530511494488490
Net Income-28.6%161225418368374
Net Income Margin-31.2%0.03*0.04*0.08*0.07*-
Free Cahsflow-2.2%1,3291,3591,3561,296-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.3%37,89337,41436,57435,47234,910
    Cash Equivalents83.9%632343363301269
  Goodwill0%68.0068.0068.0068.0068.00
Liabilities-2.7%16,49916,95716,70016,29415,912
  Long Term Debt-1.4%14,60014,81514,34713,910-
Shareholder's Equity5.9%20,29519,16919,45418,73217,636
  Retained Earnings0.0%8,8058,8098,8158,7268,664
  Additional Paid-In Capital5.7%26,74325,28924,46523,62023,134
Shares Outstanding2.0%463454447--
Minority Interest-19.5%715887898836961
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-2.2%1,3291,3591,3561,2961,275
  Share Based Compensation16.7%26.0022.0021.0020.0018.00
Cashflow From Investing23.0%-3,703-4,812-5,396-5,185-4,516
Cashflow From Financing-21.8%2,7613,5333,6891,7011,568
  Dividend Payments3.0%1,1321,0991,0761,0541,036
  Buy BacksNaN%0.000.00---

Risks for WELL

What is the probability of a big loss on WELL?

50.4%


Probability that Welltower stock will be more than 20% underwater in next one year

31.5%


Probability that Welltower stock will be more than 30% underwater in next one year.

25.4%


Probability that Welltower stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WELL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Welltower was unfortunately bought at previous high price.

Drawdowns

Returns for WELL

Cumulative Returns on WELL

5.4%


10-Year Cumulative Returns

5.4%


7-Year Cumulative Returns

9.9%


5-Year Cumulative Returns

15.4%


3-Year Cumulative Returns

What are the long-term rolling returns for WELL?

FIve years rolling returns for Welltower.

Annualized Returns

Which funds bought or sold WELL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-1.43
10,278
2,256,280
0.06%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-38.43
-10,198,600
17,182,400
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
46.1
2,423,000
7,376,000
0.04%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
0.69
1,419
38,419
0.02%
2023-03-01
PANORAMIC INVESTMENT ADVISORS, LLC
new
-
430,991
430,991
0.44%
2023-02-28
Voya Investment Management LLC
added
11.72
6,708,220
55,127,200
0.08%
2023-02-27
Gallagher Benefit Services, Inc.
new
-
668,679
668,679
0.14%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-43.73
-1,054,560
1,418,440
-%
2023-02-24
BBJS FINANCIAL ADVISORS, LLC
new
-
437,922
437,922
0.20%
2023-02-24
National Pension Service
added
9.52
6,369,950
54,036,700
0.11%

1–10 of 46

Latest Funds Activity

Are funds buying WELL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own WELL
No. of Funds

Welltower News

The News Heater

Welltower Inc. (WELL) Stock: A Study of the Market Performance.

The News Heater,
8 hours ago

Nasdaq

Senior Housing News

Yahoo Finance

InvestorsObserver

Schedule 13G FIlings of Welltower

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
cohen & steers, inc.
10.17%
48,058,043
SC 13G/A
Feb 09, 2023
vanguard group inc
16.02%
75,690,885
SC 13G/A
Feb 07, 2023
state street corp
6.59%
31,130,985
SC 13G
Feb 06, 2023
wellington management group llp
5.09%
24,071,258
SC 13G
Jan 24, 2023
blackrock inc.
10.6%
49,874,077
SC 13G
Nov 10, 2022
cohen & steers, inc.
10.10%
46,820,079
SC 13G/A
Feb 14, 2022
cohen & steers, inc.
7.98%
34,743,873
SC 13G
Feb 14, 2022
state street corp
6.35%
27,631,929
SC 13G/A
Feb 10, 2022
vanguard group inc
15.81%
68,821,686
SC 13G/A
Jan 27, 2022
blackrock inc.
10.9%
47,651,136
SC 13G/A

WELL Fair Value

Welltower fair value in different scenarios

The table shows the Fair Value estimates for Welltower for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

25.35

-64.22%

32.06

-54.75%

38.12

-46.20%

45.77

-35.40%

51.99

-26.62%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Welltower Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Welltower

View All Filings
Date Filed Form Type Document
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading

Latest Insider Trading transactions for WELL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
LOPEZ DENNIS G
acquired
5,530
74.72
74.02
-
2023-03-08
DeSalvo Karen B
acquired
7,063
74.72
94.53
-
2023-03-08
SULLIVAN KATHRYN M
acquired
39.6016
74.72
0.53
-
2023-02-23
Reid Diana
acquired
-
-
2,627
-
2023-02-23
Spisso Johnese
acquired
-
-
2,627
-
2023-02-23
Rivera Sergio
acquired
-
-
2,627
-
2023-02-23
Patton Ade J.
acquired
-
-
2,627
-
2023-02-23
LOPEZ DENNIS G
acquired
-
-
3,940
-
2023-02-23
DeSalvo Karen B
acquired
-
-
2,627
-
2023-01-15
Mcqueen Matthew Grant
sold (taxes)
-16,791
71.15
-236
evp, gen.counsel & secretary

1–10 of 50

Shankh Mitra
460
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, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower™, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

WELL Income Statement

2022-12-31
Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Rental income$ 1,451,786$ 1,374,695$ 1,443,360
Total revenues5,860,6154,742,1154,605,967
Expenses:   
Property operating expenses3,558,7702,774,5622,597,823
Depreciation and amortization1,310,3681,037,5661,038,437
Interest expense529,519489,853514,388
General and administrative expenses150,390126,727128,394
Loss (gain) on derivatives and financial instruments, net8,334(7,333)11,049
Loss (gain) on extinguishment of debt, net68049,87447,049
Provision for loan losses, net10,3207,27094,436
Impairment of assets17,50251,107135,608
Other expenses101,67041,73970,335
Total expenses5,687,5534,571,3654,637,519
Income (loss) from continuing operations before income taxes and other items173,062170,750(31,552)
Income tax (expense) benefit(7,247)(8,713)(9,968)
Income (loss) from unconsolidated entities(21,290)(22,933)(8,083)
Gain (loss) on real estate dispositions, net16,043235,3751,088,455
Income (loss) from continuing operations160,568374,4791,038,852
Net income160,568374,4791,038,852
Less: Net income (loss) attributable to noncontrolling interests[1]19,35438,34160,008
Net income (loss) attributable to common stockholders$ 141,214$ 336,138$ 978,844
Weighted average number of common shares outstanding:   
Basic (in shares)462,185424,976415,451
Diluted (in shares)465,158426,841417,387
Basic:   
Income (loss) from continuing operations (in USD per share)$ 0.35$ 0.88$ 2.50
Net income (loss) attributable to common stockholders (in USD per share)0.310.792.36
Diluted:   
Income (loss) from continuing operations (in USD per share)0.350.882.49
Net income (loss) attributable to common stockholders (in USD per share)[2]$ 0.30$ 0.78$ 2.33
Other comprehensive income (loss):   
Foreign currency translation gain (loss)$ (466,910)$ (52,826)$ 103,612
Derivative and financial instruments designated as hedges gain (loss)442,62079,702(134,369)
Total other comprehensive income (loss)(24,290)26,876(30,757)
Total comprehensive income (loss)136,278401,3551,008,095
Less: Total comprehensive income (loss) attributable to noncontrolling interests[3](6,545)38,02965,598
Total comprehensive income (loss) attributable to common stockholders142,823363,326942,497
Resident fees and services   
Revenues:   
Revenue from contract with customer4,173,7113,197,2233,074,022
Interest income   
Revenues:   
Revenue from contract with customer150,571137,56369,156
Other income   
Revenues:   
Revenue from contract with customer$ 84,547$ 32,634$ 19,429
[1]Includes amounts attributable to redeemable noncontrolling interests
[2]Includes adjustment to the numerator for income (loss) attributable to OP Units and DownREIT Units
[3]Includes amounts attributable to redeemable noncontrolling interests.

WELL Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Real property owned:  
Land and land improvements$ 4,249,834$ 3,968,430
Buildings and improvements33,651,33631,062,203
Acquired lease intangibles1,945,4581,789,628
Real property held for sale, net of accumulated depreciation133,058134,097
Construction in progress1,021,080651,389
Less accumulated depreciation and amortization(8,075,733)(6,910,114)
Net real property owned32,925,03330,695,633
Right of use assets, net323,942522,796
Real estate loans receivable, net of credit allowance890,8441,068,681
Net real estate investments34,139,81932,287,110
Other assets:  
Investments in unconsolidated entities1,499,7901,039,043
Goodwill68,32168,321
Cash and cash equivalents631,681269,265
Restricted cash90,61177,490
Straight-line rent receivable322,173365,643
Receivables and other assets1,140,838803,453
Total other assets3,753,4142,623,215
Total assets37,893,23334,910,325
Liabilities:  
Unsecured credit facility and commercial paper0324,935
Senior unsecured notes12,437,27311,613,758
Secured debt2,110,8152,192,261
Lease liabilities415,824545,944
Accrued expenses and other liabilities1,535,3251,235,554
Total liabilities16,499,23715,912,452
Redeemable noncontrolling interests384,443401,294
Equity:  
Common stock491,919448,605
Capital in excess of par value26,742,75023,133,641
Treasury stock(111,001)(107,750)
Cumulative net income8,804,9508,663,736
Cumulative dividends(15,514,097)(14,380,915)
Accumulated other comprehensive income (loss)(119,707)(121,316)
Total Welltower Inc. stockholders’ equity20,294,81417,636,001
Noncontrolling interests714,739960,578
Total equity21,009,55318,596,579
Total liabilities and equity$ 37,893,233$ 34,910,325