Welltower lifts 2026 FFO outlook on senior housing strength

WELL•2026-07-27

Welltower lowers 2026 net income guidance to $3.11-$3.19 per diluted share from $3.24-$3.38
Company raises full-year 2026 normalized FFO guidance to $6.36-$6.44 per diluted share
Welltower expects 2026 same store NOI growth of 13.75%-16.00%, led by seniors housing operating segment

SHO organic growth - Co said 9.2% yr/yr same store revenue growth in Seniors Housing Operating portfolio was driven by 330 bps average occupancy growth and 5.2% increase in revenue per occupied room
Portfolio expansion - Co completed C$4.1 bln acquisition of 38 Canadian seniors housing communities and closed on five additional properties under development
Capital recycling - Co completed $843 mln of dispositions and loan repayments in Q2, including of Outpatient Medical dispositions

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