Welltower raises 2026 normalized FFO per diluted share guidance midpoint to $6.50
WELL•Welltower raised its 2026 normalized FFO per diluted share guidance to $6.47-$6.53 from $6.36-$6.44, lifting the midpoint by 10 cents to $6.50. The company also increased seniors housing same-store NOI growth guidance to 21%.
1. Higher 2026 guidance
Welltower raised its 2026 normalized FFO per diluted share guidance to $6.47-$6.53 from $6.36-$6.44, citing seniors housing operating outperformance and investment activity. The midpoint rose 10 cents to $6.50.
2. Operating outlook and investments
The company forecast seniors housing same-store NOI growth of 21%, up from 20%, and total portfolio growth of 15.6%, up from 14.9%. Same-store seniors housing revenue is expected to grow 9.3%, while expense growth guidance fell to 4.6% from 5%. The outlook includes $21 billion of pro rata investments closed or under contract, alongside $6 billion of dispositions and loan repayments.
