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Morningstar

Morningstar

•

Nov 05, 2026

Welltower Inc.: Double-Digit NOI Growth Should Drive Double-Digit FFO Growth for Welltower Over Next Few Years

Symbols

WELL

Sector(s)

Real Estate

Rating

Current Price

247.66

Fair Value

Economic Moat

Stewardship

Summary

Welltower owns a diversified healthcare portfolio of 2,713 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for

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Analyst Profile

Kevin Brown

Equity Analyst

Kevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.

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