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
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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
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day October 15, 2021
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
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
- Tue, 21 Sep 2021 14:50:42 +0000 (UTC) - S&P Global Ratings Revises Welltower's Outlook to Stable and Affirms 'BBB+' Issuer Credit Rating
- Thu, 09 Sep 2021 11:05:36 +0000 (UTC) - Welltower Issues Business Update
- Thu, 29 Jul 2021 20:12:48 +0000 (UTC) - Welltower Issues Business Update
- Thu, 29 Jul 2021 20:12:14 +0000 (UTC) - Welltower Reports Second Quarter 2021 Results
- Thu, 29 Jul 2021 20:11:48 +0000 (UTC) - Welltower and Aspect Health Form Strategic Joint Venture to Elevate and Lead Innovation in Healthcare Real Estate Strategies
Funds From Operations (FFO)
Key Stats of Trading Day October 15, 2021
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
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
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
- #Well has had a low Reit Rating score for a while now compared to where it was last year. - Rken - 2021-01-02 16:26:46 - See full comment
- Note to self, buy more #WELL. - zREITs - 2020-12-29 22:45:45 - See full comment
- JP Morgan also upgraded #WELL, #RPT, #WRI. #HTA, #KRC, #ACC, #AVB. - Rken - 2020-12-21 20:55:05 - See full comment
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.
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. Welltowerâ„¢, a real estate investment trust (“REITâ€), 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