Welltower, Inc. | REIT Profile

Symbol: WELL
CIK: 766704
Exchange: NYSE
Founded: 1970 (51 years)
HQ: Toledo, OH, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Health Care

See WELL on Google Finance
See WELL on Yahoo Finance
See WELL on SEC.gov

Website Logo  Twitter Logo  Linkedin Logo  Wikipedia Logo  RSS Logo 

Overall Score: 6.7

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Welltower, Inc. Company Logo

Stock Chart

See in Advanced Graph View

Hightlights of Trading Day October 15, 2021


Open Price: $84.7
Closing Price: $84.11
Price Change: 0.16 (0.191%)
Lowest Price: $83.72
Highest Price: $84.85

52-Week Low: $49.86
52-Week High: $89.16
52-Week Change: 58.00%

5 Day Price Change: 1.23%
1 Month Price Change: -4.10%
3 Month Price Change: -4.13%
6 Month Price Change: 13.53%
YTD Price Change: 33.12%
1 Year Price Change: 61.46%
2 Year Price Change: -0.74%
5 Year Price Change: 34.69%

Dividend of Trading Day October 15, 2021


Dividend Yield: 2.901%*
Annualized Dividend: $2.44*
Dividend Yield (TTM): 2.873%
Annualized Dividend (TTM): $2.4116
Ex-Dividend Date: 2021-08-11
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Welltower, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day October 15, 2021


Total Cash: N/A
Current Debt: $14,523,280,000
Revenue: $4,351,944,000
Gross Profit: $4,258,422,000
Total Revenue: $4,351,944,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $962,170,000
Revenue Per Share: $10
Revenue Per Employee: $11,101,898
Employee: 423
Debt to Equity Ratio (D/E): 2.02
Profit Margin: 0.13%
Enterprise Value (EV): $35,306,164,777
Enterprise Value to Revenue (EV/R): 8.11
Price to Sales (P/S): 8.09
Price to Book (P/B): 2.21
Peg Ratio: -1.07
P/E Ratio: 60.08
P/E High: 135.79
P/E Low: 64.87
Forward P/E Ratio: N/A
Market Capitalization: $35,541,760,304
Beta: 1.09
Latest Volume: 1,472,400.00
Avg. Total Volume: 1,665,726
Avg. 10 Volume: 1,260,015.00
Avg. 30 Volume: 1,665,726.00
TTM EPS: 1.40
TTM Dividend Rate: 2.41
Shares Outstanding: 422,562,838
Float: N/A
50-Day Moving Avg.: 85.04
200-Day Moving Avg.: 80.78

Latest REIT Community Comments on #WELL


See more community comments related to WELL

Properties Owned by WELL


Properties Based on REIT's Official Presentation

Properties Types States Countries
1,560 1 38 3

Please visit REIT’s official webpage for the most up-to-date property list.

WELL Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $83.50 per share you would have been able to buy 11 shares of WELL on 2020-10-15 costing $918.50 @ $83.50 per share you would have been able to buy 5 shares of WELL on 2020-10-15 costing $417.50 @ $83.50 per share you would have been able to buy 2 shares of WELL on 2020-10-15 costing $167.00 @ $83.50 per share you would have been able to buy 1 shares of WELL on 2020-10-15 costing $83.50 @ $83.50 per share you would have been able to buy 0 shares of WELL on 2020-10-15 costing $0.00
Current worth On 2021-10-15 these 11 shares would be worth $925.21 @ $84.11 On 2021-10-15 these 5 shares would be worth $420.55 @ $84.11 On 2021-10-15 these 2 shares would be worth $168.22 @ $84.11 On 2021-10-15 these 1 shares would be worth $84.11 @ $84.11 On 2021-10-15 these 0 shares would be worth $0.00 @ $84.11
Dividends earned $26.84 in dividends would have been earned since 2020-10-15 with 11 shares. $12 in dividends would have been earned since 2020-10-15 with 5 shares. $4.88 in dividends would have been earned since 2020-10-15 with 2 shares. $2.44 in dividends would have been earned since 2020-10-15 with 1 shares. $0.00 in dividends would have been earned since 2020-10-15 with 5 shares.
Net (gain / loss)* 33.55 USD 15.25 USD 6.10 USD 3.05 USD 0.00 USD
ROI** 3.65% 3.65% 3.65% 3.65% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by WELL. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
WELL 2021-08-11 0.610 --- 2021-07-29 2021-08-12 2021-08-19
WELL 2021-05-10 0.610 --- 2021-04-28 2021-05-11 2021-05-20
WELL 2021-02-19 0.610 --- 2021-02-09 2021-02-22 2021-02-26
WELL 2020-11-09 0.610 --- 2020-10-28 2020-11-10 2020-11-19
WELL 2020-08-17 0.610 --- 2020-08-05 2020-08-18 2020-08-27
WELL 2020-05-18 0.610 -29.89% 2020-05-04 2020-05-19 2020-05-28
WELL 2020-02-21 0.870 --- 2020-02-12 2020-02-24 2020-02-28
WELL 2019-11-12 0.870 --- 2019-10-28 2019-11-13 2019-11-21
WELL 2019-08-14 0.870 --- 2019-07-31 2019-08-15 2019-08-22
WELL 2019-05-13 0.870 --- 2019-04-30 2019-05-14 2019-05-28
WELL 2019-02-21 0.870 --- 2019-02-12 2019-02-22 2019-02-28
WELL 2018-11-09 0.870 --- 2018-10-30 2018-11-12 2018-11-21
WELL 2018-08-06 0.870 --- 2018-07-27 2018-08-07 2018-08-21
WELL 2018-05-07 0.870 --- 2018-04-26 2018-05-08 2018-05-23
WELL 2018-02-12 0.870 --- 2018-10-30 2018-11-12 2018-11-21
WELL 2017-11-06 0.870 --- 2017-10-26 2017-11-07 2017-11-20
WELL 2017-08-04 0.870 --- 2017-07-27 2017-08-08 2017-08-21
WELL 2017-05-05 0.870 --- 0000-00-00 2017-05-09 2017-05-22
WELL 2017-02-03 0.870 1.16% 2017-01-26 2017-02-07 2017-02-21
WELL 2016-11-04 0.860 --- 2016-10-27 2016-11-08 2016-11-21

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Current Cash 0 0 0 0
Receivables 331,381,000 312,721,000 344,066,000 334,203,000
Inventory 0 0 0 0
Current Assets 2,613,344,000 3,557,159,000 3,437,512,000 3,165,696,000
Current Assets (Other) 671,062,000 624,918,000 629,031,000 813,047,000
Short Term Investments 671,062,000 624,918,000 629,031,000 813,047,000
Long-term Investments 29,562,772,000 29,435,092,000 29,046,130,000 29,375,901,000
Property, Plant & Equipment Net 27,725,616,000 25,394,113,000 27,565,709,000 27,452,540,000
Goodwill 68,321,000 68,321,000 68,321,000 68,321,000
Intangible Assets 0 1,506,823,000 0 0
Other Assets 0 0 155,849,000 157,661,000
Net Tangible Assets 15,852,125,000 14,223,734,000 15,904,398,000 16,039,553,000
Total Assets 32,176,116,000 32,992,251,000 32,483,642,000 32,541,597,000
Accounts Payable 0 0 101,592,000 0
Liabilities (Other) 0 0 571,002,000 0
Current Liabilities (Other) 1,061,370,000 1,023,219,000 369,000,000 1,041,368,000
Total Current Liabilities 14,523,280,000 15,536,403,000 14,269,312,000 14,822,600,000
Current Long-term Debt 13,461,910,000 14,513,184,000 13,798,720,000 13,781,232,000
Long-term Debt 110,906,000 105,529,000 107,102,000 107,798,000
Total Liabilities 16,255,670,000 17,193,373,000 16,510,923,000 16,433,723,000
Minority Interest 1,322,762,000 1,248,054,000 1,252,343,000 1,183,281,000
Common Stock 417,452,000 417,241,000 417,387,000 21,253,383,000
Retained Earnings -5,428,744,000 -5,199,529,000 -5,016,123,000 -4,925,022,000
Treasury Stock -108,633,000 -106,519,000 -104,490,000 -94,022,000
Capital Surplus 0 0 0 0
Shareholder Equity 15,920,446,000 15,798,878,000 15,972,719,000 16,107,874,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Total Revenue 1,140,992,000 1,052,062,000 1,122,016,000 1,036,874,000
Cost of Revenue 6,197,000 1,383,000 83,085,000 2,857,000
Gross Profit 1,134,795,000 1,050,679,000 1,038,931,000 1,034,017,000
Research and Development 0 0 0 0
Selling General and Admin 31,436,000 29,926,000 27,848,000 31,003,000
Operating Expense 1,110,456,000 1,024,488,000 1,153,333,000 1,093,508,000
Operating Income 30,536,000 27,574,000 -31,317,000 -56,634,000
Income Expense Net (Other) 0 0 9,085,000 0
EBIT 22,560,000 40,623,000 -21,974,000 -62,615,000
Interest Income 0 0 0 0
Pretax Income 43,536,000 76,135,000 155,568,000 396,981,000
Income Tax -2,221,000 3,943,000 290,000 2,003,000
Minority Interest 19,500,000 646,000 -8,451,000 69,393,000
Net Income 26,257,000 71,546,000 163,729,000 325,585,000
Net Income Basic 26,257,000 71,546,000 163,729,000 325,585,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Net Income 26,257,000 71,546,000 163,729,000 325,585,000
Depreciation 245,542,000 248,623,000 1,051,650,000 795,704,000
Changes in Receivables 331,381,000 312,721,000 344,066,000 -130,513,000
Changes in Inventories 0 0 0 0
Cash Change 513,602,000 2,131,846,000 1,545,046,000 -75,030,000
Cash Flow 335,255,000 303,658,000 255,172,000 1,109,584,000
Capital Expenditures -136,442,000 -102,385,000 -446,325,000 -310,023,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows 1,065,994,000 139,140,000 18,183,000 2,329,745,000
Dividends Paid 0 0 0 0
Net Borrowings 11,804,455,000 13,506,121,000 12,833,419,000 12,661,277,000
Cash Flow Financing -276,211,000 -371,903,000 -414,663,000 -1,666,195,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Welltower, Inc.


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. On Feb. 28, 2018 Welltower Inc. announced the New York Stock Exchange approved a change of its stock trading ticker symbol to "WELL." The previous trading ticker symbol was "HCN."

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
10 Dividend to Normalized FFO Payout Ratio Health: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios during the last four quarters. 8.8
9 Dividend to Normalized FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to Normalized FFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
6 Normalized FFO Trend: Analysis of the REIT’s Normalized FFO trend during the last two years. 7.8
6 Normalized FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.7
9 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.2
Rating Leverage Section Avg. Rating
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.9
8 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
3 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.3
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
10 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
9 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 7.9
Rating Market Cap Section Avg. Rating
9 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
6.7 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Ventas, Inc. (VTR) 6.1 NYSE Large-Cap Health Care United States
Universal Health Realty Income Trust (UHT) 8.2 NYSE Small-Cap Health Care United States
Sabra Health Care REIT, Inc. (SBRA) 6.9 NASDAQ Mid-Cap Health Care United States
Physicians Realty Trust (DOC) 8.2 NYSE Mid-Cap Health Care United States
Healthcare Trust of America, Inc. (HTA) 8.3 NYSE Mid-Cap Health Care United States

Last updated: 2021-10-15 - v1.9