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WELL

Welltower

NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-05-08

$214.63+0.79%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, WELL has a composite score of 7.9, indicating a mixed signal with medium confidence at 74.2. The score is influenced by various factors, including a low macro score of 26.3 and a valuation score of 24.7, which is labeled as expensive. The analysis is provisional and reflects potential scenarios such as an unfavorable guidance cut and sector trends.

Composite +7.9as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 10% of real estate cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.34
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
109141298293
F2 · Value
expensive
Most expensive 20% of real estate cohort
Why this rank
Price
$214.63
TTM EPS
$1.81
Earnings yield
0.8%
P/E (TTM)
118.6

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
973
TTM CFO ($M)
2,256
CFO/NI
2.32
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 10% activity in real estate cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
neutralEPS revised -8.8% / 30d, n=1for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.63 → $0.57 (-8.8% / 30d). 0 raised, 0 cut, 1 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d. 80% of analysts rate Buy.

Price target activity

3 PT revisions / 30d. Avg target 12.6% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

1 material event in the last 24 months — top 1 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase Seniors Housing Operating NOIgrowthmixed63% progress
    4/28: Seniors Housing Operating NOI increased by 22.1% from 1Q25 to 1Q26.
    Why this status

    Stated in 2 of last 2 quarters. Seniors Housing Operating NOI increased by 22.1% from $435.7M in 1Q25 to $531.8M in 1Q26, showing strong growth. The trajectory is delivering on management's stated focus on increasing NOI in this segment.

  2. 2.Enhance Outpatient Medical Occupancygrowthbehind0% progress
    4/28: Outpatient Medical occupancy increased to 96.9% in 1Q26.
    Why this status

    Stated in 2 of last 2 quarters. Outpatient Medical occupancy increased from 95.5% in 4Q25 to 96.9% in 1Q26, indicating progress in maximizing revenue potential. The trajectory shows improvement in occupancy rates as management intended.

  3. 3.Increase Net Income Guidancegrowthbehind0% progress
    4/28: Net income guidance revised to $3.24 to $3.38 per diluted share.
    Why this status

    Stated in 2 of last 2 quarters. Net income guidance was revised upward from $3.11-$3.27 to $3.24-$3.38 per diluted share, reflecting management's confidence in financial performance. The trajectory aligns with management's guidance increase.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
lowworst 12m loss −13%, typical day ±0.8%
Why this risk level

Recent vol — 30d annualized 24%; 252d 21%.

Drawdown — Max 1y −13%. Bad day move −2%.

Beta to sector ETF (XLRE) 0.83 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 66/100, drawdown 75/100, beta 83/100, earnings vol .

Sector regime
headwind-3.1%sector vs S&P 500, 60d

via XLRE

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite45.0 / 100
Capital allocation26
Earnings discipline56
Margin discipline62
Balance sheet52
Guidance credibility
Post-call reaction60
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase Seniors Housing Operating NOI

    Growth

    Focus on increasing the NOI for Seniors Housing Operating through strategic investments and management.

    Mixed

    Stated in 2 of last 2 quarters. Seniors Housing Operating NOI increased by 22.1% from $435.7M in 1Q25 to $531.8M in 1Q26, showing strong growth. The trajectory is delivering on management's stated focus on increasing NOI in this segment.

    63%
    CEO/CFO:Seniors Housing Operating NOI increased by 22.1% from 1Q25 to 1Q26.
    Multiple sourcesSource dated 2026-04-28Stated 2 of last 8 quartersFirst seen 2026-04-28
    Show history (2)
    • 2026-Q1Multiple sources

      Seniors Housing Operating NOI increased by 22.1% from 1Q25 to 1Q26.

    • 2025-Q4Multiple sources

      Seniors Housing Operating NOI increased by 20.4% from 4Q24 to 4Q25.

  • #2

    Enhance Outpatient Medical Occupancy

    Growth

    Improve occupancy rates in the Outpatient Medical segment to maximize revenue potential.

    Behind

    Stated in 2 of last 2 quarters. Outpatient Medical occupancy increased from 95.5% in 4Q25 to 96.9% in 1Q26, indicating progress in maximizing revenue potential. The trajectory shows improvement in occupancy rates as management intended.

    0%
    CEO/CFO:Outpatient Medical occupancy increased to 96.9% in 1Q26.
    Multiple sourcesSource dated 2026-04-28Stated 2 of last 8 quartersFirst seen 2026-04-28
    Show history (2)
    • 2026-Q1Multiple sources

      Outpatient Medical occupancy increased to 96.9% in 1Q26.

    • 2025-Q4Multiple sources

      Outpatient Medical occupancy was 95.5% in 4Q25.

  • #3

    Increase Net Income Guidance

    Growth

    Raise the guidance range for net income attributable to common stockholders.

    Behind

    Stated in 2 of last 2 quarters. Net income guidance was revised upward from $3.11-$3.27 to $3.24-$3.38 per diluted share, reflecting management's confidence in financial performance. The trajectory aligns with management's guidance increase.

    0%
    CEO/CFO:Net income guidance revised to $3.24 to $3.38 per diluted share.
    Multiple sourcesSource dated 2026-04-28Stated 2 of last 8 quartersFirst seen 2026-04-28
    Show history (2)
    • 2026-Q1Multiple sources

      Net income guidance revised to $3.24 to $3.38 per diluted share.

    • 2025-Q4Multiple sources

      Net income guidance introduced at $3.11 to $3.27 per diluted share.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
4higher = cheaper

Looks more expensive than peers.

Compared to its own history
39higher = cheaper

Richer than its own typical valuation.

P/E
108.9x
EV/EBITDA
59.2x
FCF yield
1.7%

P/E over the last 5 years

71 monthly points
expensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
WELL
Welltower
+7.9expensivelow
PLD
Prologis
+10fulllow
EQIX
Equinix
+22fairmoderate
AMT
American Tower
+18fairmoderate
SPG
Simon Property Group
+9.0fulllow
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.8%
A bad day (95th %ile)
A rough but not unusual down day.
-2.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-12.6%
Earnings-day move
How much price usually moves on earnings day.
lowas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If real_estate sector trend rises from +0.00 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter EPS surprise repeats current direction (latest surprise +9.4% on 2026-03-31)+2.4 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-28)-16 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-8.0 pts
  • If real_estate sector trend falls from +0.00 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2811d agoItem 2.02

    Results of Operations and Financial Condition. On April 28, 2026 , Welltower Inc. issued a press release that announced operating results for its first quarter ended March 31, 2026. The press release refers to a supplemental information package that is available on the Company's website (www.welltower.com), free of charge. Copies of the press release and supplemental information package have been furnished as Exhibits 99.1 and 99.2, respectively, to this Current Report on Form 8-K (the "Repor…

    earnings preannouncementneutralscore 51
  2. 2026-04-2910d agoItem 8.01

    Other Events. Resale Prospectus Supplement On April 29, 2026, Welltower Inc., a Delaware corporation (the “Company”), filed with the Securities and Exchange Commission (the “SEC”) a prospectus supplement to the base prospectus dated March 28, 2025 (the “Base Prospectus”) included in the Company’s automatic shelf registration statement on Form S-3 (File No. 333-286204) (the “Registration Statement”) to register the offer and resale by the selling stockholder identified therein of up to 138,740…

    capital allocationneutralscore 41
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-12 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.