WELL

NYSE

WELLTOWER INC.

Real Estate, Health Care REITs

$236.92

close 7 Aug 2026

+41.00%

52-week change

$166.95B

market cap

$161.26

$255.20

52-week range

Expected price

$211.00 – $257.88

Current price

$236.92

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)117.87x

P/S (TTM)14.19x

P/B3.81x

EV/EBITDA (TTM)48.68x

FCF yield (TTM)1.12%

PEG (TTM, GAAP)1.77

Context

P/E, own 5-year average147.72x

P/E, sector median34.68x*

Price at 5-year median P/E$238.39*

Indicated dividend yield1.25%

Forward — analyst consensus

Forward P/E (FY2026)81.70x*

Forward P/E (FY2027)72.34x

Forward PEG6.32*

Consensus EPS FY2026 (10 analysts)$2.90

EPS growth (FY2026→FY2027)12.93%

Revenue growth (FY2026)32.63%

Street view

Price target (mean)$255.59*

Target upside7.88%

Ratings (buy / hold / sell)17 / 4 / 1

FY2026 EPS revisions, 30d (up / down)1 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +10.34%10Y CAGR +4.36%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$236.92

Cash & equivalents$4.70B

Total debt$18.09B

Shares outstanding704.69M

Result

DCF price per share$72.34

Current price$236.92

Margin of safety-69.47%

PV of years 1–10$21.11B

PV of terminal value$43.25B

Equity value$50.98B

Market-implied growth+23.86%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.07B	$2.28B	$2.52B	$2.78B	$3.06B	$3.38B	$3.73B	$4.12B	$4.54B	$5.01B	$93.37B
PV	$1.91B	$1.96B	$2.00B	$2.04B	$2.08B	$2.13B	$2.18B	$2.22B	$2.27B	$2.32B	$43.25B

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026