Senior housing REIT Welltower eyes fresh record after raising 2026 guidance

Welltower

28/07/2026 13:25

** Welltower's WELL.N shares up 3.1% at $256.13 premarket on Tues after senior housing REIT boosted its full-yr funds from operations (FFO) outlook
** WELL on track to surpass all-time intraday high of $252.94 hit on Fri, if gains hold
** Toledo, Ohio-based firm late Mon said it sees 2026 normalized FFO/sh of $6.36-$6.44 vs previous guidance of $6.21-$6.35, topping LSEG estimate of $6.26/sh
** Q2 FFO/sh grew 25% yr/yr to $1.60, driven by 330 bps avg occupancy growth and 5.2% increase in rev per occupied room
** WELL raised qtrly dividend to 85 cents/sh from 74 cents/sh
** Through Mon, WELL up 34% YTD, far outperforming 14% advance in S&P 500 Real Estate index .SPLRCR
** 18 of 22 analysts rate the stock "strong buy" or "buy", 4 "hold"; median PT $244.50, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))