Welltower Upgraded After Q3 Results Solidify Its Role As Investment-Grade Senior REIT

Welltower is upgraded to a strong buy, driven by robust Q3 results, portfolio growth, and resilient market performance. WELL outperforms key benchmarks, demonstrates durable revenue and FFO growth, and maintains top-tier investment-grade ratings with low operator concentration risk. Q3 highlights include 24.6% YoY normalized FFO growth, 15.8% same-store NOI growth, and a 9.1% increase in same-store SHO revenue.

Seeking Alpha • Oct 28, 2026

BXP Q3 FFO & Revenues Beat Estimates on Occupancy Gains, 26' View Up

BXP's Q3 2026 FFO and revenues beat estimates as occupancy gains and higher same-property NOI drive growth, prompting a raise in its full-year FFO outlook.

Zacks Investment Research • Oct 28, 2026

Welltower Inc. (WELL) Q3 2026 Earnings Call Transcript

Welltower Inc. ( WELL ) Q3 2026 Earnings Call October 27, 2026 9:00 AM EDT Company Participants Matthew McQueen - Chief Legal Officer, General Counsel & Corporate Secretary Shankh Mitra - CEO & Director John Burkart - Vice Chairman & COO Nikhil Chaudhri - Co-President & Chief Investment Officer Tim McHugh - Co-President & CFO Conference Call Participants Farrell Granath - BofA Securities, Research Division Vikram Malhotra - Mizuho Securities USA LLC, Research Division Ronald Kamdem - Morgan Stanley, Research Division Michael Goldsmith - UBS Investment Bank, Research Division Juan Sanabria - BMO Capital Markets Equity Research Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Nicholas Joseph - Citigroup Inc., Research Division Michael Mueller - JPMorgan Chase & Co, Research Division James Feldman - Wells Fargo Securities, LLC, Research Division Omotayo Okusanya - Deutsche Bank AG, Research Division James Kammert - Evercore ISI Institutional Equities, Research Division Richard Hightower - Barclays Bank PLC, Research Division Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Michael Carroll - RBC Capital Markets, Research Division Richard Anderson - Cantor Fitzgerald & Co., Research Division Michael Stroyeck - Green Street Advisors, LLC, Research Division Presentation Operator Hello, and welcome to the Welltower Third Quarter 2026 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Matt McQueen, Chief Legal Officer and General Counsel.

Seeking Alpha • Oct 27, 2026

WELL's Q3 FFO Beat Estimates on Strong SHO Portfolio Growth

Welltower's Q3 2026 FFO beat estimates as strong seniors housing growth, higher occupancy and expanding margins fuel a raised full-year earnings outlook.

Zacks Investment Research • Oct 27, 2026

Welltower Reports Third Quarter 2026 Results

TOLEDO, Ohio, Oct. 26, 2026 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2026. Third Quarter and Other Recent Highlights Reported net income of $415 million and net income attributable to common stockholders of $0.54 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.67 per diluted share, an increase of 24.6% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 15.8%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 21.0% SHO portfolio organic same store revenue growth increased 9.1% year-over-year in the third quarter, resulting from 320 basis points ("bps") of average occupancy growth and 5.3% growth in Revenue Per Occupied Room ("RevPOR") Year-to-date, closed or under contract to close $21.0 billion of pro rata gross investments, including $13.3 billion completed in the nine months ended September 30, 2026 and $7.7 billion closed or under contract to close subsequent to quarter end, excluding development funding.

PRNewsWire • Oct 26, 2026

Welltower (WELL) Surpasses Q3 FFO and Revenue Estimates

Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.67 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to FFO of $1.34 per share a year ago.

Zacks Investment Research • Oct 26, 2026

Welltower Issues Business Update

TOLEDO, Ohio, Oct. 26, 2026 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/oct_26_26_business-update  About Welltower Welltower Inc. (NYSE: WELL), an S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom and Canada. Our portfolio of seniors and wellness housing communities is uniquely situated at the intersection of housing and hospitality, creating vibrant communities for mature renters and older adults.

PRNewsWire • Oct 26, 2026

Baron Real Estate Income Fund Q3 2026 Portfolio Activity

Baron Real Estate Income Fund decreased 7.58% (Institutional Shares) in the third quarter, underperforming the MSCI US REIT Index, which decreased 6.33%. Welltower is a leading owner and operator of senior housing communities across the U.S., Canada, and the U.K., and is the largest health care REIT by market capitalization. We initiated a position in AAON, Inc., following a disappointing second quarter earnings result.

Seeking Alpha • Oct 26, 2026

Baron Real Estate Fund Q3 2026 Portfolio Activity

Shares of Airbnb, Inc. performed well in the quarter following strong second quarter results that exceeded expectations and a confident outlook for sustained growth acceleration. Shares of Mohawk contributed to performance this quarter, driven by optimism around the company's leadership transition as well as strong second quarter earnings results. Following strong share price performance in the first six months of 2026 when its shares gained 38% through June 30, 2026, the shares of PENN Entertainment, Inc. detracted from performance during the quarter amid broad weakness in gaming stocks.

Seeking Alpha • Oct 26, 2026

The Aging Boomer Landlords: 5 Senior Housing REITs and What Their Yields Are Telling You

The 70 million baby boomers have just started turning 80, and five landlords are racing to collect on that wave.

24/7 Wall Street • Oct 24, 2026