Welltower Inc. (WELL): price, analyst ratings, earnings and fundamentals
Updated 30 October 2026, 21:45 ET
Welltower Inc. (WELL) closed at $234.60 on 30 October 2026, up 0.6%. The stock is up 3.4% over one month and up 32.6% over one year. It trades 8.1% below its 52-week high of $255.20. Analysts recorded 13 actions in the last 90 days; the median price target of $260 is 10.8% above the last close. The company last reported on 26 October 2026 for Q3 2026: EPS of $1.67 against an estimate of $0.90, a beat of 85.6%, on revenue of $3.7 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open WELL in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 13 analyst actions on WELL from 11 firms: 10 maintained or reiterated a view, 2 upgrades and 1 initiation. Price targets were 8 raised and 3 lowered. The most recent targets from 16 firms range from $226 to $275, with a median of $260, 10.8% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 29 Oct 2026 | Cantor Fitzgerald | Maintains Overweight | $260.00 to $258.00 |
| 28 Oct 2026 | Freedom Broker | Upgrades to Buy from Hold | $255.00 |
| 19 Oct 2026 | Wells Fargo | Maintains Overweight | $266.00 to $268.00 |
| 13 Oct 2026 | Barclays | Maintains Equal-Weight | $259.00 to $246.00 |
| 24 Sep 2026 | JP Morgan | Upgrades to Overweight from Neutral | $260.00 |
| 21 Sep 2026 | Evercore ISI Group | Maintains Outperform | $260.00 to $256.00 |
| 15 Sep 2026 | Jefferies | Assumes Buy | $261.00 to $275.00 |
| 2 Sep 2026 | Scotiabank | Maintains Sector Outperform | $244.00 to $251.00 |
| 1 Sep 2026 | Morgan Stanley | Maintains Overweight | $215.00 to $251.00 |
| 1 Sep 2026 | Wells Fargo | Maintains Overweight | $237.00 to $266.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 9 February 2027 after the close for Q4 2026, with EPS expected at $0.88 on revenue of $3.9 billion. Welltower Inc. beat the EPS estimate in 8 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q3 2026 | 26 Oct 2026 | $0.90 | $1.67 | +85.56% | $3.7B |
| Q2 2026 | 27 Jul 2026 | $1.55 | $1.60 | +3.23% | $3.5B |
| Q1 2026 | 28 Apr 2026 | $1.46 | $1.47 | +0.68% | $3.4B |
| Q4 2025 | 10 Feb 2026 | $0.93 | $1.45 | +55.91% | $3.2B |
| Q3 2025 | 27 Oct 2025 | $0.84 | $1.34 | +59.52% | $2.7B |
| Q2 2025 | 28 Jul 2025 | $0.49 | $1.28 | +161.22% | $2.5B |
| Q1 2025 | 28 Apr 2025 | $1.15 | $1.20 | +4.35% | $2.4B |
| Q4 2024 | 11 Feb 2025 | $1.12 | $1.13 | +0.89% | $2.3B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 September 2026, Welltower Inc. reported revenue of $3.7 billion and net income of $414.8 million. On a trailing twelve month basis the company shows revenue growth of 39.22%, a gross margin of 39.21%, an operating margin of N.A. and a return on equity of 3.95%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $3,715,777,000 |
| Cost of Revenue | $2,246,026,000 |
| Gross Profit | $1,469,751,000 |
| Selling, General & Administrative Expenses | $67,169,000 |
| Depreciation & Amortization | $706,786,000 |
| Pre-tax Income | $337,950,000 |
| Income Tax Expense | $7,116,000 |
| Net Income | $414,823,000 |
Cash flow
| Line | Amount |
|---|---|
| Cash from Operating Activities | $1,003,049,000 |
| Stock-based Compensation | $22,268,000 |
| Cash from Investing Activities | -$3,787,491,000 |
| Capital Expenditures | $347,969,000 |
| Cash from Financing Activities | $3,104,933,000 |
| Dividends Paid | $614,718,000 |
| Free Cash Flow | $655,080,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $2,274,910,000 |
| Restricted Cash | $141,097,000 |
| Goodwill Intangible Assets, Net | $1,176,041,000 |
| Total Assets | $73,711,333,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Long-term Debt | $18,154,098,000 |
| Operating Lease Liabilities, Long-term | $1,491,135,000 |
| Finance Lease Liabilities | $476,934,000 |
| Minority Interest | $1,044,940,000 |
| Total Liabilities | $23,847,319,000 |
| Common Stock | $732,160,000 |
| Additional Paid In Capital | $57,547,521,000 |
| Retained Earnings | $12,603,830,000 |
| Treasury Stock | -$26,641,000 |
| Other Accumulated Comprehensive Income | -$415,436,000 |
| Total Stockholders Equity | $48,581,993,000 |
| Total Liability & Stockholders Equity | $73,711,333,000 |
Figures as filed with the SEC for the period ended 30 September 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.25 | 70th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.38 | 58th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Long Term Debt/Long Term Capital | 0.27 | 36th | Calculated as Long-Term Debt / (Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | 15.1% | 75th | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| Gross Margin Pct | 39.2% | 50th | Calculated as the ratio of Revenue - Cost of Goods Sold (COGS) / Revenue. The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs associated with producing the goods and services sold by a company. |
| PreTax Margin Pct | 12.1% | 67th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 2.6% | 68th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 3.9% | 52nd | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth | 20.1% | 59th | The Free Cash Flow growth rate over the trailing twelve months (TTM) |
| FCF Pct Growth 3 year CAGR | 110.0% | 77th | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Pct Growth 5 year CAGR | 104.0% | 68th | The Free Cash Flow compound annual growth rate (CAGR) over the past 5 years |
| FCF Return on Assets Pct | 3.1% | 61st | Calculated as the ratio of Cashflow from Operations / Total Assets. A high cash return on assets means a company is generating more cash flow from every asset dollar |
| Operating Cashflow Pct Growth | 19.5% | 60th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | 30.9% | 83rd | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | 21.7% | 84th | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 82.0% | 79th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 89.8% | 98th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | 29.6% | 88th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 39.2% | 86th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | 29.1% | 88th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | 24.8% | 86th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | -2.9% | 14th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open WELL in FundSpec.
Insider activity
In the last 90 days insiders filed 4 transactions: 1 acquisition covering 73 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was a disposal of 2,500 shares by Andrew Gundlach, Director on 26 August 2026, worth about $605,150 at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 29 Sep 2026 | Timothy Mchugh | Co-President and CFO | G | 2,150 | ||
| 26 Aug 2026 | Andrew Gundlach | Director | P | 2,500 | $242.06 | $605K |
| 25 Aug 2026 | Andrew Gundlach | Director | P | 2,500 | $239.47 | $599K |
| 20 Aug 2026 | Dennis G Lopez | Director | Acquisition | 73 | $237.40 | $17K |
| 26 Jun 2026 | Shankh Mitra | Director, CEO | G | 3,852 | ||
| 31 May 2026 | Shankh Mitra | Director, CEO | Acquisition | 17 | $173.32 | $3K |
| 29 May 2026 | Timothy Mchugh | Co-President and CFO | Acquisition | 11 | $173.32 | $2K |
| 27 May 2026 | Shankh Mitra | Director, CEO | G | 162 | ||
| 21 May 2026 | Dennis G Lopez | Director | Acquisition | 63 | $216.01 | $14K |
| 1 May 2026 | Kenneth J Bacon | Director | C | 2,627 | ||
| 1 May 2026 | Kenneth J Bacon | Director | C | 2,627 | ||
| 26 Feb 2026 | Andrew Gundlach | Director | Acquisition | 1,787 | ||
| 26 Feb 2026 | Johnese Spisso | Director | Acquisition | 1,056 | ||
| 26 Feb 2026 | Kathryn M Sullivan | Director | Acquisition | 1,056 | ||
| 26 Feb 2026 | Sergio Rivera | Director | Acquisition | 1,056 |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 27 October 2026.
| Filed | Form | Document |
|---|---|---|
| 27 Oct 2026 | 10-Q | View on sec.gov |
| 28 Jul 2026 | 10-Q | View on sec.gov |
| 29 Apr 2026 | 10-Q | View on sec.gov |
| 12 Feb 2026 | 10-K | View on sec.gov |
| 28 Oct 2025 | 10-Q | View on sec.gov |
| 29 Jul 2025 | 10-Q | View on sec.gov |
| 29 Apr 2025 | 10-Q | View on sec.gov |
| 12 Feb 2025 | 10-K | View on sec.gov |
| 29 Oct 2024 | 10-Q | View on sec.gov |
| 30 Jul 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- REITs and Investment Holdings
- Industry
- Trading
- Headquarters
- Toledo, Ohio
- Chief executive
- Shankh Mitra
- Employees
- 510
- Website
- welltower.com
- SEC CIK
- 0000766704
Welltower Inc. (NYSE:WELL) is an S&P 500 company headquartered in Toledo, Ohio. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.
Sector and peers
Welltower Inc. is part of the REITs and Investment Holdings sector, which FundSpec tracks across 179 companies.
Companies in the same industry by market capitalization:
PLD Prologis, Inc.EQIX Equinix Inc.AMT American Tower Corp.SPG Simon Property Group Inc.DLR Digital Realty Trust, Inc.PSA Public StorageO Realty Income Corp.VTR Ventas, Inc.
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for WELL are available to subscribers, with the same screen in the iOS and Android apps.
Open WELL in FundSpec