WELLTOWER FILES 8-K: FINANCIAL RESULTS & 4.800% NOTES DUE 2028
Ticker: WELL · Form: 8-K · Filed: Feb 13, 2024 · CIK: 766704
| Field | Detail |
|---|---|
| Company | Welltower Inc. (WELL) |
| Form Type | 8-K |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, debt, financial-condition, 8-K
TL;DR
**Welltower just dropped an 8-K with financial results and details on their 4.800% Notes due 2028.**
AI Summary
Welltower Inc. filed an 8-K on February 13, 2024, to report the results of operations and financial condition, along with financial statements and exhibits. The filing specifically mentions its common stock, $1.00 par value per share, traded on the New York Stock Exchange under the symbol WELL, and a guarantee of 4.800% Notes due 2028. This matters to investors because it provides updated financial information, which is crucial for evaluating the company's current health and future prospects, especially regarding its debt obligations and stock performance.
Why It Matters
This filing provides investors with the latest financial performance data and details on its debt, which are key indicators for assessing the company's stability and potential for returns.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for financial results and does not indicate any immediate new risks, but rather provides transparency.
Analyst Insight
A smart investor would review the full financial statements and results mentioned in the filing to understand the company's performance and assess the implications for its common stock and debt obligations.
Key Numbers
- 4.800% — Interest Rate (Interest rate on Notes due 2028)
- 2028 — Maturity Year (Maturity year for the 4.800% Notes)
- $1.00 — Par Value (Par value per share of common stock)
Key Players & Entities
- Welltower Inc. (company) — registrant filing the 8-K
- New York Stock Exchange (company) — exchange where Welltower's common stock is registered
- $1.00 (dollar_amount) — par value per share of common stock
- February 13, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- Welltower's stock (WELL) will likely see increased trading volume as investors digest the financial results. (WELL) — medium confidence, target: 2024-02-14
- Analysts will update their price targets for WELL based on the reported financial condition. (WELL) — high confidence, target: 2024-02-20
FAQ
What is the purpose of Welltower Inc.'s 8-K filing on February 13, 2024?
The 8-K filing by Welltower Inc. on February 13, 2024, is to report the results of operations and financial condition, along with financial statements and exhibits, as per Item 2.02 and Item 9.01 of Form 8-K.
What is the trading symbol and exchange for Welltower Inc.'s common stock?
Welltower Inc.'s common stock, with a $1.00 par value per share, trades under the symbol WELL on the New York Stock Exchange.
What specific debt instrument is mentioned in the filing?
The filing specifically mentions a 'Guarantee of 4.800% Notes due 2028 issued by Welltower OP LLC'.
What is Welltower Inc.'s state of incorporation and business address?
Welltower Inc. is incorporated in Delaware, and its business address is 4500 Dorr Street, Toledo, Ohio 43615.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 13, 2024.
Filing Stats: 587 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-02-13 16:07:50
Key Financial Figures
- $1.00 — ange on which registered Common stock, $1.00 par value per share WELL New York Stock
Filing Documents
- well-20240213.htm (8-K) — 29KB
- a4q23earningsrelease991.htm (EX-99.1) — 495KB
- a4q23supplement992.htm (EX-99.2) — 1639KB
- chart-8687312445da47d6ae7.jpg (GRAPHIC) — 73KB
- welltower_supplementalcove.jpg (GRAPHIC) — 4529KB
- welltoweraddressa29.gif (GRAPHIC) — 31KB
- welltowerlogo_rgbxnotm002.jpg (GRAPHIC) — 66KB
- 0000766704-24-000004.txt ( ) — 8928KB
- well-20240213.xsd (EX-101.SCH) — 3KB
- well-20240213_def.xml (EX-101.DEF) — 16KB
- well-20240213_lab.xml (EX-101.LAB) — 31KB
- well-20240213_pre.xml (EX-101.PRE) — 16KB
- well-20240213_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 13, 2024 , Welltower Inc. (the "Company") issued a press release that announced operating results for its fourth quarter ended December 31, 2023. The press release refers to a supplemental information package that is available on the Company's website (www.welltower.com), free of charge. Copies of the press release and supplemental information package have been furnished as Exhibits 99.1 and 99.2, respectively, to this Current Report, and are incorporated herein by reference. The information included in this Item 2.02, including Exhibits 99.1 and 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and shall not be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release of Welltower Inc. dated February 13, 2024 99.2 Welltower Inc. Supplemental Information Package for the quarter ended December 31, 2023. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLTOWER INC. By: /s/ Matthew McQueen Name: Matthew McQueen Title: Executive Vice President – General Counsel & Corporate Secretary Dated: February 13, 2024