Welltower Raises 2026 FFO Outlook Again as Senior Housing Demand Surges
WELL sits 63% above its 52-week low of $158.24.
Summary
Welltower delivered a strong Q2, with normalized FFO of $1.60 per share—a 25% jump that beat the $1.55 consensus. Management raised full-year 2026 FFO guidance to $6.36-$6.44, up from $6.21-$6.35, citing robust senior housing demand. The net profit miss ($0.61 vs. $0.63 expected) is a minor blemish against the core FFO beat and guidance hike. This follows a 15% dividend increase announced in June and a C$1.15 billion debt offering in July, underscoring financial strength. The stock is trading near its 52-week high, and this report reinforces the bullish thesis around aging demographics.
At the time of this announcement, WELL was trading at $257.80 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $175.3B. The 52-week trading range was $158.24 to $252.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.