Equities research analysts expect Ventas, Inc. (NYSE:VTR) to post earnings per share of $1.01 for the current quarter, according to Zacks. Three analysts have made estimates for Ventas’ earnings, with the lowest EPS estimate coming in at $0.97 and the highest estimate coming in at $1.04. Ventas reported earnings per share of $1.04 in the same quarter last year, which indicates a negative year over year growth rate of 2.9%. The company is expected to issue its next quarterly earnings results on Friday, April 27th.
On average, analysts expect that Ventas will report full year earnings of $4.08 per share for the current fiscal year, with EPS estimates ranging from $3.95 to $4.36. For the next financial year, analysts anticipate that the business will report earnings of $4.18 per share, with EPS estimates ranging from $4.00 to $4.44. Zacks’ EPS averages are an average based on a survey of research analysts that cover Ventas.
Ventas (NYSE:VTR) last posted its earnings results on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.03. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The company had revenue of $895.30 million during the quarter, compared to analysts’ expectations of $895.92 million. During the same quarter in the prior year, the company posted $0.58 earnings per share. Ventas’s revenue for the quarter was up 2.2% compared to the same quarter last year.
VTR has been the subject of a number of analyst reports. Stifel Nicolaus set a $56.00 target price on shares of Ventas and gave the company a “hold” rating in a research report on Friday, February 9th. BMO Capital Markets set a $55.00 target price on shares of Ventas and gave the company a “sell” rating in a research report on Friday, February 9th. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Capital One Financial raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 30th. Finally, KeyCorp set a $50.00 target price on shares of Ventas and gave the company a “sell” rating in a research report on Thursday, January 11th. Eight analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $58.31.
Shares of Ventas (VTR) opened at $49.34 on Monday. Ventas has a 52-week low of $49.17 and a 52-week high of $72.36. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $17,905.47 and a P/E ratio of 12.06.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd will be issued a $0.79 dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.40%. Ventas’s dividend payout ratio is currently 83.82%.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. HL Financial Services LLC raised its holdings in shares of Ventas by 7.3% in the third quarter. HL Financial Services LLC now owns 11,894 shares of the real estate investment trust’s stock worth $775,000 after buying an additional 807 shares during the last quarter. Camden National Bank raised its holdings in shares of Ventas by 0.6% in the third quarter. Camden National Bank now owns 138,409 shares of the real estate investment trust’s stock worth $9,015,000 after buying an additional 807 shares during the last quarter. Verition Fund Management LLC increased its stake in shares of Ventas by 22.5% in the second quarter. Verition Fund Management LLC now owns 4,394 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 808 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV increased its stake in shares of Ventas by 9.9% in the third quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 9,895 shares of the real estate investment trust’s stock worth $644,000 after acquiring an additional 895 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Ventas by 2.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 38,024 shares of the real estate investment trust’s stock worth $2,477,000 after acquiring an additional 903 shares during the period. 87.95% of the stock is owned by institutional investors and hedge funds.
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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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