Equities analysts forecast that Ventas, Inc. (NYSE:VTR) will announce earnings of $1.01 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Ventas’ earnings, with estimates ranging from $0.97 to $1.04. Ventas reported earnings of $1.04 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 2.9%. The firm is expected to report its next quarterly earnings report before the market opens on Friday, April 27th.
On average, analysts expect that Ventas will report full-year earnings of $4.03 per share for the current financial year, with EPS estimates ranging from $3.93 to $4.14. For the next fiscal year, analysts anticipate that the company will post earnings of $4.18 per share, with EPS estimates ranging from $4.01 to $4.44. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for 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. 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. 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 Monday, January 15th. Deutsche Bank decreased their target price on shares of Ventas from $61.00 to $55.00 and set a “hold” rating for the company in a research report on Monday, March 19th. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Finally, Wells Fargo set a $54.00 target price on shares of Ventas and gave the company a “hold” rating in a research report on Tuesday, February 13th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Ventas has a consensus rating of “Hold” and an average price target of $57.92.
NYSE:VTR opened at $48.54 on Wednesday. Ventas has a 52 week low of $47.80 and a 52 week high of $72.36. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $17,453.11, a P/E ratio of 11.67, a PEG ratio of 3.18 and a beta of 0.09.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a yield of 6.51%. Ventas’s payout ratio is 75.96%.
A number of institutional investors have recently modified their holdings of VTR. Stifel Financial Corp increased its stake in Ventas by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 91,714 shares of the real estate investment trust’s stock valued at $5,983,000 after purchasing an additional 1,062 shares in the last quarter. Chevy Chase Trust Holdings Inc. increased its stake in Ventas by 1.6% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 311,410 shares of the real estate investment trust’s stock valued at $20,282,000 after purchasing an additional 4,902 shares in the last quarter. Vident Investment Advisory LLC acquired a new stake in shares of Ventas in the third quarter worth $206,000. Janus Henderson Group PLC increased its stake in shares of Ventas by 83.9% in the third quarter. Janus Henderson Group PLC now owns 178,980 shares of the real estate investment trust’s stock worth $11,655,000 after acquiring an additional 81,667 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of Ventas by 6.5% in the third quarter. Janney Montgomery Scott LLC now owns 45,667 shares of the real estate investment trust’s stock worth $2,974,000 after acquiring an additional 2,801 shares during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.
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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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