Welltower (WELL) AI Stock Analysis

• Market Cap: $118.85B
• Dividend Yield: 1.51%
• Average Volume (3M): 3.40M
• Price to Earnings (P/E): 147.0
• Beta (1Y): 0.40
• Revenue Growth: 30.73%
• EPS Growth: 96.48%
• Country: US
• Employees: 685
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Healthcare Facilities
• EPS (TTM): 0.41
• Shares Outstanding: 667,943,900
• 10 Day Avg. Volume: 2,483,962
• 30 Day Avg. Volume: 3,404,021
• PEG Ratio: 0.57
• Price to Book (P/B): 2.38
• Price to Sales (P/S): 9.68
• P/FCF Ratio: 34.57
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $192.00
• Price Target Upside: 5.14% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 78 Outperform
• Price Target: $196.00 ▲(7.33% Upside)

Welltower's strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company's robust growth in revenue and strategic investments are notable strengths. However, the high P/E ratio suggests overvaluation, and the low dividend yield may deter income investors. Technical indicators are neutral, providing a balanced outlook.

Positive Factors

Revenue Growth

Consistent revenue and FFO growth demonstrate Welltower's expanding market reach and effective strategic investments, crucial for long-term success.

Strong Balance Sheet

A strong balance sheet with low leverage enhances financial stability and flexibility, supporting sustained growth and investment capacity.

Robust Investment Activity

Aggressive acquisition strategy bolsters portfolio growth and diversification, positioning Welltower favorably in the healthcare real estate market.

Negative Factors

Underperformance of Holiday by Atria Portfolio

Challenges with the Holiday by Atria portfolio highlight execution risks in acquisitions, potentially impacting future profitability and strategic goals.

High P/E Ratio

A high P/E ratio suggests potential overvaluation, which could deter investors and impact future capital raising abilities.

Low Dividend Yield

A low dividend yield may reduce appeal to income investors, potentially limiting the shareholder base and affecting stock stability.

Welltower Business Overview & Revenue Model

Company Description

Welltower Inc. (WELL) is a real estate investment trust (REIT) that focuses on the healthcare infrastructure sector. The company primarily invests in senior housing, post-acute care, and outpatient medical properties across the United States, Canada, and the United Kingdom. Welltower partners with leading operators to provide high-quality living environments and healthcare services for seniors, making it a key player in the aging population market.

How the Company Makes Money

Welltower generates revenue primarily through rental income from its diversified portfolio of healthcare properties, which includes senior housing communities, nursing facilities, and outpatient medical centers. The company leases its properties to experienced operators under long-term agreements, typically structured as triple-net leases, where the operator is responsible for property expenses. Additionally, Welltower benefits from property appreciation and value creation through strategic property acquisitions and redevelopment projects. The company also engages in joint ventures with healthcare operators and invests in development projects, which can provide additional revenue streams. Key partnerships with leading healthcare operators enhance its portfolio's value and occupancy rates, contributing significantly to Welltower's income.

Welltower Financial Statement Overview

Summary

Welltower demonstrates strong financial performance with significant revenue and net income growth. The balance sheet is stable with reduced debt levels and a high equity ratio. Cash flow metrics are impressive, highlighting efficient cash generation. Overall, the company is well-positioned with sound financial health and operational efficiency.

Income Statement

Welltower exhibits strong revenue growth with a TTM revenue of $9.17 billion, up from $7.85 billion annually. Gross profit margin remains solid at 33.5% TTM. Net income has notably increased, resulting in a strong net profit margin of 12.3% TTM. The EBIT and EBITDA margins are robust, indicating efficient operations and strong earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet reflects a healthy equity position with stockholders' equity at $35.90 billion, contributing to an equity ratio of 64.3% TTM. Welltower has managed to reduce its total debt to $2.52 billion, significantly improving the debt-to-equity ratio. Return on equity is strong at 3.1% TTM, showcasing effective use of equity.

Cash Flow

Operating cash flow is robust at $2.61 billion TTM, with a free cash flow of $2.58 billion. The free cash flow growth is positive, and the operating cash flow to net income ratio is 2.3, indicating strong cash generation relative to net income. Free cash flow to net income ratio stands at 2.3, demonstrating excellent cash earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.81B	7.85B	6.48B	5.78B	4.71B	4.59B
Gross Profit	3.85B	3.02B	2.53B	2.22B	1.93B	1.99B
EBITDA	3.34B	2.78B	2.40B	2.04B	1.71B	1.53B
Net Income	957.98M	951.68M	340.09M	141.21M	336.14M	978.84M
Balance Sheet
Total Assets	59.50B	51.04B	44.01B	37.89B	34.91B	32.48B
Cash, Cash Equivalents and Short-Term Investments	6.81B	3.51B	1.99B	631.68M	269.26M	1.55B
Total Debt	18.16B	16.76B	16.12B	14.96B	14.68B	14.22B
Total Liabilities	20.48B	18.47B	17.64B	16.50B	15.91B	15.26B
Stockholders Equity	38.76B	31.96B	25.40B	20.29B	17.64B	15.97B
Cash Flow
Free Cash Flow	1.91B	2.20B	1.55B	1.30B	1.26B	1.35B
Operating Cash Flow	1.93B	2.26B	1.60B	1.33B	1.28B	1.36B
Investing Cash Flow	-5.63B	-5.51B	-5.71B	-3.70B	-4.52B	2.35B
Financing Cash Flow	4.32B	4.91B	5.45B	2.76B	1.57B	-2.08B

Welltower Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 182.61
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WELL, the sentiment is Positive. The current price of 182.61 is above the 20-day moving average (MA) of 173.93, above the 50-day MA of 170.32, and above the 200-day MA of 154.19, indicating a bullish trend. The MACD of 2.31 indicates Negative momentum. The RSI at 68.93 is Neutral, neither overbought nor oversold. The STOCH value of 89.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WELL.

Welltower Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTRE	―	$7.85B	29.34	8.36%	3.68%	50.84%	104.44%
WELL	―	$118.85B	146.98	3.48%	1.51%	30.73%	96.48%
OHI	―	$11.94B	25.26	10.47%	6.62%	12.73%	23.51%
SBRA	―	$4.34B	23.78	6.66%	6.54%	6.89%	240.70%
VTR	―	$32.80B	162.75	1.81%	2.69%	12.45%	―
DOC	―	$13.32B	-337.94	-0.48%	5.33%	9.58%	-111.99%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Welltower Corporate Events

Welltower Issues $1 Billion in New Notes

On August 4, 2025, Welltower OP LLC, a prominent player in the healthcare and seniors housing property sector, issued $1 billion in notes, consisting of $400 million in 4.500% Notes due 2030 and $600 million in 5.125% Notes due 2035. These notes are guaranteed by Welltower Inc. and are part of a strategic financial maneuver to bolster the company’s capital for general corporate purposes, including debt repayment and investment opportunities in its core markets.

The most recent analyst rating on (WELL) stock is a Buy with a $155.00 price target. To see the full list of analyst forecasts on Welltower stock, see the WELL Stock Forecast page.

Welltower Inc. Reports Strong Q2 2025 Results

Welltower Inc., a leading S&P 500 company, specializes in residential wellness and healthcare infrastructure, operating over 1,500 senior and wellness housing communities across the United States, United Kingdom, and Canada. The company aims to integrate housing, healthcare, and hospitality to create vibrant communities for mature renters and older adults.

Welltower Inc. Reports Robust Growth in Earnings Call

The recent earnings call of Welltower Inc. showcased a positive sentiment, highlighting significant growth in key financial metrics such as Funds From Operations (FFO), Net Operating Income (NOI), and occupancy gains. Despite facing challenges, particularly with the Holiday by Atria portfolio, the company’s overall growth trajectory and robust capital deployment were emphasized, painting an optimistic picture for stakeholders.

Welltower Registers Shares for Recent Acquisition

On July 29, 2025, Welltower Inc. filed a prospectus supplement with the SEC to register the offer and resale of up to 949,412 shares of its common stock. This filing is related to its recent acquisition of certain properties, reflecting the company’s ongoing strategic expansion in the healthcare real estate sector.

The most recent analyst rating on (WELL) stock is a Buy with a $155.00 price target. To see the full list of analyst forecasts on Welltower stock, see the WELL Stock Forecast page.