Welltower Inc. ($WELL) Stock Forecast: Up 5.0% Today

What is Welltower Inc.?

Welltower (WELL) is a real estate investment trust primarily involved in healthcare infrastructure, specializing in senior housing, post-acute communities, and outpatient medical properties. The company's success is influenced by demographic patterns and healthcare expenses.

Why is Welltower Inc. going up?

WELL stock is up 5.0% on Oct 29, 2024 17:18

• Significant positive movement was observed in WELL stock today.
• Q3 earnings reported by the company exceeded expectations from Wall Street, with both FFO and revenues surpassing predicted values.
• Analyst estimates for crucial metrics also painted a favorable picture for WELL's performance in the quarter.
• The growth in the elderly population and increased healthcare spending likely played a role in the robust earnings, despite concerns regarding high interest costs.

WELL Price Chart

WELL Technical Analysis

WELL News

Welltower ( WELL ) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Welltower (WELL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

https://www.zacks.com/stock/news/2359098/welltower-well-reports-q3-earnings-what-key-metrics-have-to-say

Welltower ( WELL ) Q3 FFO and Revenues Top Estimates

Welltower (WELL) delivered FFO and revenue surprises of 6.73% and 5.38%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2358998/welltower-well-q3-ffo-and-revenues-top-estimates

What Analyst Projections for Key Metrics Reveal About Welltower ( WELL ) Q3 Earnings

Besides Wall Street's top -and-bottom-line estimates for Welltower (WELL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

https://www.zacks.com/stock/news/2355663/what-analyst-projections-for-key-metrics-reveal-about-welltower-well-q3-earnings

Welltower Stock To Report Q3 Earnings: What's In The Cards? - Sunstone Hotel Invts ( NYSE:SHO ) , Extra Space Storage ( NYSE:EXR )

Welltower, Inc. WELL WELL is slated to report third-quarter 2024 results on Oct. 28, after market close. The quarterly results are likely to reflect year-over-year growth in revenues and funds from operations ( FFO ) per share.

https://www.benzinga.com/news/earnings/24/10/41464065/welltower-stock-to-report-q3-earnings-whats-in-the-cards

Welltower Stock to Report Q3 Earnings: What's in the Cards?

WELL's Q3 earnings are likely to have benefitted from the rise in the aging population and its high healthcare expenditure. Yet, high interest expenses are a concern.

https://www.zacks.com/stock/news/2355232/welltower-stock-to-report-q3-earnings-whats-in-the-cards

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Welltower Inc. Price History

29.09.2024 - WELL Stock was up 5.0%

• Significant positive movement was observed in WELL stock today.
• Q3 earnings reported by the company exceeded expectations from Wall Street, with both FFO and revenues surpassing predicted values.
• Analyst estimates for crucial metrics also painted a favorable picture for WELL's performance in the quarter.
• The growth in the elderly population and increased healthcare spending likely played a role in the robust earnings, despite concerns regarding high interest costs.

14.01.2024 - WELL Stock was up 6.8%

• Strong bullish movement observed for Welltower today.
• Record capital deployment and growth in 2023 surpassed market expectations.
• Q4 earnings exceeded estimates, with improved revenues and portfolio occupancy.
• Welltower has consistently outperformed the market over the past 15 years, demonstrating a strong track record.
• Positive earnings and key metrics indicate Welltower's strong performance in the last quarter, contributing to the bullish market movement.

14.01.2024 - WELL Stock was up 7.4%

• WELL experienced a strong bullish movement today.
• Over the past 15 years, the stock has consistently outperformed the market, with an average annual return of 19.3%.
• Q4 financial results surpassed expectations for FFO and revenue, pointing to a strong financial performance by the company.
• The company revealed the acquisition of a $969 million active adult housing portfolio, potentially impacting investor sentiment in a positive manner.
• For Q4, WELL reported a swing to profit, further contributing to investor confidence.

14.08.2023 - WELL Stock was up 0.9%

• WELL raised its 2023 normalized FFO per share outlook, indicating positive operating trends and accretive capital deployment activity.
• The company's seniors housing operating portfolio has shown continued strength, contributing to the bullish market movement.
• The improved fundamentals and stronger-than-expected performance of properties transitioning to new operators have also played a role in the positive market movement.
• The bullish stance reflects confidence in the company's business outlook and its ability to generate earnings growth in the future.

23.05.2023 - WELL Stock was up 0.6%

• WELL had a strong bullish movement, which could be attributed to the positive sentiment in the healthcare sector.
• The overall market is optimistic about the future of healthcare, as more people are getting vaccinated and the pandemic is expected to subside.
• The bullish movement of WELL could also be a result of positive company-specific news or developments that have not been reported yet.

14.01.2024 - WELL Stock was up 8.5%

• Welltower reported strong Q4 earnings, beating FFO and revenue estimates.
• The company announced the acquisition of a $969 million active adult housing portfolio.
• The positive financial performance and strategic acquisition likely contributed to the bullish market movement.
• Welltower's focus on transforming health care infrastructure may have also attracted investor optimism.

14.01.2024 - WELL Stock was up 7.3%

• Factors contributing to WELL's bullish movement today include:
• 1. Strong Q4 Earnings: WELL surpassed expectations with better-than-anticipated revenues, indicating a robust underlying business and investor confidence.
• 2. Improved Occupancy: WELL's SHO portfolio occupancy has shown a year-over-year improvement, reflecting increasing demand for senior living communities and healthcare-related properties.
• 3. Consistent Outperformance: WELL has consistently outperformed the market over the past 15 years, generating an average annual return of 19.3%. This long-term success likely attracts investors and contributes to the bullish market movement.
• Overall, the positive earnings, improved occupancy, and strong historical performance have fueled the current bullish movement in WELL.

01.07.2023 - WELL Stock was up 3.5%

• The bullish movement in WELL's stock today can be attributed to the following factors:
• 1. Strong Q2 Earnings: WELL surpassed both revenue and FFO (Funds From Operations) estimates for the quarter, indicating a robust performance. This positive surprise likely boosted investor confidence and drove the stock price higher.
• 2. Raised Financial Outlook: The company's decision to raise its financial outlook for 2023 demonstrates confidence in its potential growth. The revised net income projection for the year indicates improved prospects, which could have attracted investors and contributed to the bullish market movement.
• 3. Positive Market Reaction: The market responded positively to WELL's Q2 earnings beat, as reflected in the stock's upward movement. The better-than-expected FFO and revenue numbers suggest a strong underlying business performance, potentially attracting more investors and driving the stock price higher.