Ventas, Inc. (NYSE:VTR) issued an update on its FY17 earnings guidance on Friday morning. The company provided EPS guidance of 4.13-4.16 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.16.
Shares of Ventas, Inc. (VTR) traded up $0.10 during trading hours on Friday, hitting $64.91. The stock had a trading volume of 928,700 shares, compared to its average volume of 1,724,022. Ventas, Inc. has a 12-month low of $57.95 and a 12-month high of $72.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $23,082.98, a price-to-earnings ratio of 15.54, a PEG ratio of 4.18 and a beta of 0.08.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The firm had revenue of $899.90 million during the quarter, compared to analysts’ expectations of $893.18 million. During the same quarter in the prior year, the firm posted $1.03 EPS. Ventas’s quarterly revenue was up 3.8% compared to the same quarter last year. analysts forecast that Ventas, Inc. will post 4.15 earnings per share for the current year.
A number of brokerages recently issued reports on VTR. Bank of America Corporation cut Ventas from a buy rating to a neutral rating and decreased their target price for the company from $72.00 to $71.00 in a research report on Friday, September 22nd. BidaskClub raised Ventas from a strong sell rating to a sell rating in a research note on Thursday, August 17th. Capital One Financial Corporation began coverage on Ventas in a report on Monday, September 25th. They set an equal weight rating and a $69.00 target price on the stock. SunTrust Banks, Inc. set a $67.00 price objective on Ventas and gave the stock a hold rating in a report on Sunday, October 29th. Finally, Jefferies Group LLC restated a hold rating and set a $66.00 price objective on shares of Ventas in a report on Tuesday, August 29th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Ventas has an average rating of Hold and a consensus price target of $64.20.
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Ventas Company Profile
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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