Analysts expect that Ventas, Inc. (NYSE:VTR) will announce earnings per share (EPS) of $0.94 for the current quarter, Zacks reports. Five analysts have provided estimates for Ventas’ earnings, with the highest EPS estimate coming in at $0.96 and the lowest estimate coming in at $0.93. Ventas reported earnings per share of $0.99 in the same quarter last year, which would indicate a negative year over year growth rate of 5.1%. The company is expected to announce its next quarterly earnings report before the market opens on Friday, October 25th.
On average, analysts expect that Ventas will report full-year earnings of $3.84 per share for the current financial year, with EPS estimates ranging from $3.82 to $3.86. For the next fiscal year, analysts forecast that the firm will report earnings of $3.94 per share, with EPS estimates ranging from $3.88 to $4.02. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Ventas.
Ventas (NYSE:VTR) last posted its earnings results on Friday, July 26th. The real estate investment trust reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.38). Ventas had a net margin of 13.34% and a return on equity of 4.78%. The firm had revenue of $950.70 million for the quarter, compared to analysts’ expectations of $931.16 million. During the same period in the previous year, the company earned $0.46 EPS. The company’s revenue was up .9% on a year-over-year basis.
VTR has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed a “hold” rating and issued a $73.00 price target on shares of Ventas in a report on Monday, July 29th. ValuEngine cut shares of Ventas from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Barclays initiated coverage on shares of Ventas in a report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price target for the company. Berenberg Bank initiated coverage on shares of Ventas in a report on Thursday, September 12th. They issued a “hold” rating and a $72.00 price target for the company. Finally, Morgan Stanley raised their price target on shares of Ventas from $61.00 to $73.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 17th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $68.50.
NYSE:VTR traded down $0.17 during midday trading on Monday, reaching $72.69. 1,513,163 shares of the stock traded hands, compared to its average volume of 2,066,089. Ventas has a 12-month low of $54.38 and a 12-month high of $75.40. The business has a 50-day moving average of $72.99 and a two-hundred day moving average of $67.94. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $26.80 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 6.21 and a beta of 0.22.
The firm also recently disclosed a — dividend, which was paid on Friday, October 11th. Stockholders of record on Tuesday, October 1st were paid a $0.7925 dividend. The ex-dividend date was Monday, September 30th. This represents a dividend yield of 4.4%. Ventas’s payout ratio is currently 77.89%.
In other news, EVP John D. Cobb sold 10,000 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $72.54, for a total value of $725,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.40% of the stock is owned by corporate insiders.
Several large investors have recently added to or reduced their stakes in VTR. Donald L. Hagan LLC grew its position in Ventas by 2.4% during the third quarter. Donald L. Hagan LLC now owns 12,600 shares of the real estate investment trust’s stock valued at $905,000 after buying an additional 300 shares during the period. Robecosam AG grew its position in Ventas by 34.9% during the third quarter. Robecosam AG now owns 13,500 shares of the real estate investment trust’s stock valued at $994,000 after buying an additional 3,490 shares during the period. Brookstone Capital Management grew its position in Ventas by 24.5% during the third quarter. Brookstone Capital Management now owns 36,458 shares of the real estate investment trust’s stock valued at $2,662,000 after buying an additional 7,180 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Ventas by 6.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 344,301 shares of the real estate investment trust’s stock valued at $25,144,000 after buying an additional 19,518 shares during the period. Finally, Zeke Capital Advisors LLC grew its position in Ventas by 4.4% during the third quarter. Zeke Capital Advisors LLC now owns 15,968 shares of the real estate investment trust’s stock valued at $1,166,000 after buying an additional 678 shares during the period. Hedge funds and other institutional investors own 87.42% of the company’s stock.
Ventas Company Profile
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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