Toledo, Ohio-based Welltower Inc. (WELL) operates as a REIT and engages in investments with seniors housing operators, post-acute providers, and health systems. With a market cap of $101.5 billion, Welltower’s portfolio is concentrated in major, high-growth markets in the U.S., Canada, and the U.K.
The real estate giant is expected to release its Q2 results after the market closes on Monday, Jul. 28. Ahead of the event, analysts expect Welltower to report normalized funds from operations (NFFO) of $1.22 per share, up 16.2% from $1.05 per share reported in the year-ago quarter. Moreover, the company has surpassed Wall Street’s NFFO projections in each of the past four quarters.
For the full fiscal 2025, analysts expect WELL to deliver an NFFO of $5.02 per share, marking a 16.2% increase from $4.32 per share reported in fiscal 2024. In fiscal 2026, its NFFO is expected to grow 13.8% year-over-year to $5.71 per share.
WELL stock has soared 51.7% over the past 52 weeks, significantly outperforming the S&P 500 Index’s ($SPX) 11.6% gains and the Real Estate Select Sector SPDR Fund’s (XLRE) 4.7% returns during the same time frame.
Shares of Welltower gained 1.6% in the trading session following the release of its impressive Q1 results on Apr. 28. Driven by solid growth in resident fees and services, the company’s total revenues for the quarter surged 30.3% year-over-year to $2.4 billion. Supported by 21.7% growth in comparable NOI in its seniors housing, its overall comparable NOI grew by 12.9%. Furthermore, its normalized funds from operations soared 34.5% year-over-year to $787.2 million, and its NFFO per share of $1.20 surpassed the consensus estimates by 4.4%.
Moreover, the stock maintains a consensus “Strong Buy” rating. Of the 18 analysts covering the WELL stock, opinions include 13 “Strong Buys,” two “Moderate Buys,” and three “Holds.” Its mean price target of $170.65 suggests a modest 8% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
