WelltowerNYSE: WELL

Welltower (WELL) is likely to benefit from the rise in senior citizens' healthcare spending, restructuring initiatives and capital-recycling efforts. However, high interest rates are concerning.

Real Estate Investment Trusts have struggled with interest rate hikes, but Welltower has outperformed, with a 31% return since September 2023. Welltower operates a wide portfolio of senior housing and medical facilities, with plans for growth and increased occupancy rates. Financially, Welltower has seen revenue growth, increased investments, and a safe dividend, but trades at a high valuation with potential risks ahead.

Welltower (WELL) increases its 2024 normalized FFO per share guidance range, backed by robust and accretive capital deployment activity. It also announces a 10% dividend hike.

TOLEDO, Ohio , June 3, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) today announced that it has revised its 2024 outlook. The Company now expects to achieve normalized funds from operations attributable to common stockholders in a range of $4.05 - $4.17 per diluted share as compared to previous guidance of $4.02 - $4.15 per diluted share.

TOLEDO, Ohio , June 3, 2024 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) ("Welltower" or the "Company") announced today that it expects to increase its quarterly common stock dividend to $0.67 per share, beginning with the second quarter of 2024. The declaration and payment of any future dividend remains subject to further review and approval by the Board.

Welltower (WELL) reported earnings 30 days ago. What's next for the stock?

A rise in healthcare spending by senior citizens and capital recycling activities are likely to continue driving Welltower's (WELL) performance despite the high interest rate environment.

Welltower's first quarter earnings surpassed expectations due to higher-than-expected revenues. The SHO portfolio occupancy has increased compared to the previous year.

Although the financial results of Welltower (WELL) for the quarter ending in March 2024 provide an overview of the company's performance, it may be beneficial to analyze how certain key metrics align with analyst predictions and previous year's figures.