WELL

WelltowerNYSE · Health Care REITs · Real Estate

Previous close

239.00

Change

+4.40 / +1.88%

FinDog View

Bullish

52-Week Range ?

179.24 – 255.20

P/E (TTM) ?

101.3

Forward P/E ?

73.3

Based on consensus earnings for the next 12 months

Market Cap

$172B

+4.96%

S&P 500 −2.28% over same period

Volume / Avg Volume

3.6M / 3.3M

1.10× average · Volume on 10-30

Latest earnings analysis—Reported 2026-10-26

— results are out — analysis not generated yet

Opening it starts generation, usually 1–2 minutes: scorecard, guidance changes, revenue flow chart, management takeaways and risks.

Generate this analysis →

Next-day move−5.77%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 107.51M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
—	2026-10-26	—	— / —	−5.77%	Pending
FY2026 Q2 Quarter ended 2026-06	2026-07-27	$3.0B	1.60 / 0.64	−1.92%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-28	$2.8B	1.02 / 0.77	−1.00%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-10	$8.5B	1.45 / 0.59	+3.51%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-27	$2.1B	0.41 / 0.53	−1.59%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-28	$2.0B	0.45 / —	+4.85%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-28	$1.9B	0.40 / —	+1.63%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-02-08

in 98 days · After hours

Consensus EPS

$0.72

Avg. next-day move over the last 7 reports

±2.9%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 33 of its 5-year rangeMid-range

5-year range 86.0 – 191.8 · Median 118.1

Last 4 quarters: $0 in buybacks + $2.2B in dividends, 1.26% of market cap combined

P/E (TTM)

101.3

P/B

3.5

P/S

12.2

Dividend Yield

1.21%

Earnings Reaction

Over the last 7 reports, the stock moved ±2.9% on average on the first trading day after, rising 3 times

Most recent −5.77%

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 2 · $2.4MSell 0 · $0.00MNet buying $2.4M

08-26Gundlach AndrewDirectorBuy$1.2M5,000 shares · 2 trades · Avg price 242.06
08-25Gundlach AndrewDirectorBuy$1.2M5,000 shares · 2 trades · Avg price 239.47

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	3.12	+51.4%	28.0%	—	—	1.00	0.54
FY2026 Q2	2.98	+51.4%	28.0%	—	—	1.00	0.61
FY2026 Q1	2.78	+49.1%	26.1%	—	—	0.67	1.02
FY2025 Q4	2.56	+45.1%	24.3%	—	0.94	0.65	0.13
FY2025 Q3	2.06	+36.4%	23.5%	—	—	0.86	0.41
FY2025 Q2	1.97	+41.4%	23.2%	—	—	0.77	0.45
FY2025 Q1	1.86	+37.1%	21.6%	—	—	0.60	0.40
FY2024 Q4	1.76	+39.5%	20.0%	—	0.95	0.56	0.20
FY2024 Q3	1.51	+26.0%	19.8%	—	—	0.68	0.73
FY2024 Q2	1.39	+20.2%	20.2%	—	—	0.61	0.42
FY2024 Q1	1.36	+20.2%	19.4%	—	—	0.41	0.22
FY2023 Q4	1.26	−850.0%	18.0%	—	0.34	0.37	0.17

Peers

Largest by market cap in the sector · Latest quarterView Real Estate sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
WELL	Welltower	$172B	101.3	+51.4%	28.0%	+4.96%	Bullish
PLD	Prologis	$122B	29.1	+7.4%	—	+0.57%	Bullish	Compare
EQIX	Equinix	$100B	60.9	+11.0%	51.1%	−3.12%	Bullish	Compare
AMT	American Tower	$87.1B	26.3	−17.8%	—	+16.09%	Neutral	Compare
SPG	Simon Property Group	$70.5B	15.2	+19.5%	—	+10.34%	Neutral	Compare
DLR	Digital Realty	$68.4B	83.9	+16.2%	—	−1.46%	Bullish	Compare
PSA	Public Storage	$60.7B	31.9	+11.6%	—	+17.42%	Neutral	Compare
O	Realty Income	$53.9B	42.5	+9.7%	—	+6.37%	Bullish	Compare
VMRK	Vivmark Residential	$47.9B	54.3	+26.2%	—	+4.06%	Neutral	Compare

The View in One Line

Same-store NOI +15.5%, normalized FFO/share +25%, dividend +15%, net debt/EBITDA 2.99x; filing analysis bullish. GAAP EPS miss is accounting noise.

Updated 2026-11-02

View History

09-17Neutral → Bullish
Same-store NOI up 15.5%, normalized FFO per share up 25%, dividend raised 15%, net debt/EBITDA 2.99x; filing analysis bullish.

Notable Institutional Holders

Citadel Advisors · Ken Griffin$127MReduced −66%

As of 2026-06-30

ETFs holding it

XLRE Real Estate Select Sector SPDR Fund11.42%
MTUM iShares MSCI USA Momentum Factor ETF0.89%
JEPI JPMorgan Equity Premium Income ETF0.63%
VUG Vanguard Growth ETF0.50%
SPY SPDR S&P 500 ETF Trust0.26%
VOO Vanguard S&P 500 ETF0.26%
IVV iShares Core S&P 500 ETF0.26%
VTI Vanguard Total Stock Market ETF0.23%

Weights estimated at latest prices

Key Events

10-27Capital Actions
Welltower Registers Up to ~1.65 Million Common Shares
On October 27, 2026, Welltower filed prospectus supplements to register up to about 1.65 million common shares tied to Fellowship Grant, Silver Quebec LP units and OP units.Source ↗
07-28Capital Actions
Welltower Establishes $7.5 Billion At-the-Market Offering Program
On July 28, 2026, Welltower entered into an equity distribution agreement to issue up to $7.5 billion of common stock from time to time, and terminated its previous agreement.Source ↗
07-13Capital Actions
Welltower Issues C$1.15 Billion in Two Note Tranches
On July 13, 2026, Welltower OP issued C$750 million of 3.850% notes due 2031 and C$400 million of 4.150% notes due 2033, guaranteed by Welltower Inc.Source ↗
05-22Governance
Annual Meeting: Nine Directors Elected, Executive Compensation Not Approved
At the May 21, 2026 annual meeting, nine directors were elected and EY was reappointed as auditor, but the executive compensation proposal was not approved.Source ↗
04-29Capital Actions
Welltower Files Resale and OP Share Registration Supplement
On April 29, 2026, Welltower filed a prospectus supplement registering the resale of up to 138,740 shares and up to 176,172 common shares issuable upon redemption of OP units.Source ↗

Key Financial Trends

Quarterly Revenue ($B)3.1

Gross Margin28.0%

Free Cash Flow ($B)1.0