Does Welltower (WELL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Welltower Inc. operates as a REIT that generates earnings through a portfolio of senior care properties. WELL's price has appreciated by more than 160% since the start of 2021, far outpacing the rest of the real estate sector. The business has a positive outlook, with double-digit growth estimated for their Seniors Housing Operating segment. As the population continues to age, WELL is aligned to benefit.
Welltower has shown impressive operational performance, particularly in its senior housing segment, but its current valuation suggests waiting for a better entry point. WELL benefits from favorable demographics and strong growth in senior housing, with significant occupancy gains and margin expansion driving its success. Despite strong financial metrics and a robust balance sheet, Welltower's stock price appears overvalued, trading at a high multiple compared to sector averages.
Welltower, Inc. (NYSE:WELL ) Q4 2024 Earnings Conference Call February 12, 2025 9:00 AM ET Company Participants Matt McQueen - CLO & General Counsel Shankh Mitra - CEO John Burkart - COO Nikhil Chaudhri - CIO Tim McHugh - CFO Conference Call Participants Vikram Malhotra - Mizuho Jonathan Hughes - Raymond James Joshua Dennerlein - Bank of America Nick Joseph - Citi Nick Yulico - Scotiabank Austin Wurschmidt - KeyBanc John Kilichowski - Wells Fargo Ronald Kamdem - Morgan Stanley Rich Anderson - Wedbush Juan Sanabria - BMO Capital Markets Michael Carroll - RBC Capital Markets Jim Kammert - Evercore Mike Mueller - JPMorgan Emily Meckler - Green Street Operator Ladies and gentlemen, thank you for standing by, and welcome to the Welltower Fourth Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
WELL's Q4 FFO outshines estimates, driven by a rise in revenues. Same Store NOI improves year over year.
The headline numbers for Welltower (WELL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.13 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to FFO of $0.96 per share a year ago.
As of Feb. 11, 2025, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Besides Wall Street's top -and-bottom-line estimates for Welltower (WELL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
In today's segment of Good Buy or Goodbye, host Julie Hyman is joined by Mizuho Americas managing director and senior analyst Vikram Malhotra to explore his top picks and potential pitfalls in the real estate investment trust (REIT) sector. Malhotra advises investors to purchase Welltower, Inc. (WELL) — an owner of senior living facilities.
WELL is set to acquire NorthStar Healthcare and its portfolio of 40 senior living communities.
To manage third-party capital and invest across capital structures in the wellness and healthcare real estate, WELL launches a private funds management business.