The Latest Breaking News from Welltower

When one of the biggest owners of Pennsylvania nursing homes, Welltower Inc., announced this month that new companies would take over the day-to-day management at 147 nursing homes in 15 states, it was no great surprise.

The iShares Residential and Multisector Real Estate ETF (ARCA: REZ) is down over 31% year-to-date, as real estate investment trusts (REITs) are some of the most sensitive assets to changes in interest rates.

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Welltower Inc (NYSE:WELL), a healthcare-focused real estate investment trust, has reportedly made a nearly $5 billion all-cash bid for Healthcare Realty Trust Incorporated (NYSE:HR), according to people familiar with the matter. Welltower, with a market value of roughly $41 billion, has a portfolio of senior housing, rehabilitation centers, and medical offices. Healthcare Realty deal would…

Analysts have provided the following ratings for Welltower (NYSE:WELL) within the last quarter:

Upgrades

According to Benzinga Pro data Welltower (NYSE:WELL) posted a 65.22% decrease in earnings from Q3. Sales, however, increased by 5.56% over the previous quarter to $1.31 billion.

Within the last quarter, Welltower (NYSE:WELL) has observed the following analyst ratings:

Welltower (NYSE:WELL) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement. Analysts estimate that Welltower will report an earnings per share (EPS) of $0.15.