Ventas, Inc. Expected to Post FY2019 Earnings of $4.02 Per Share (VTR)

Ventas, Inc. (NYSE:VTR) – Analysts at Mitsubishi UFJ Financial Group cut their FY2019 earnings per share (EPS) estimates for Ventas in a research note issued on Tuesday, October 16th. Mitsubishi UFJ Financial Group analyst K. Ford now forecasts that the real estate investment trust will earn $4.02 per share for the year, down from their previous forecast of $4.03. Mitsubishi UFJ Financial Group also issued estimates for Ventas’ Q4 2019 earnings at $1.03 EPS, Q1 2020 earnings at $1.04 EPS, Q2 2020 earnings at $1.04 EPS, Q3 2020 earnings at $1.04 EPS and FY2020 earnings at $4.17 EPS.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, July 27th. The real estate investment trust reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.06. Ventas had a return on equity of 5.02% and a net margin of 34.00%. The company had revenue of $942.30 million during the quarter, compared to analysts’ expectations of $919.95 million. During the same quarter in the previous year, the firm earned $0.42 EPS. Ventas’s revenue was up 5.2% on a year-over-year basis.

A number of other equities research analysts have also weighed in on VTR. Cantor Fitzgerald restated a “hold” rating and set a $56.00 price objective on shares of Ventas in a research report on Friday, July 27th. ValuEngine upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada set a $61.00 price objective on Ventas and gave the stock a “buy” rating in a research report on Tuesday, July 31st. Jefferies Financial Group restated a “$57.33” rating and set a $61.00 price objective on shares of Ventas in a research report on Wednesday, July 18th. Finally, Bank of America boosted their price objective on Ventas from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 10th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. Ventas has an average rating of “Hold” and an average price target of $55.33.

Shares of VTR stock opened at $55.34 on Thursday. The firm has a market cap of $19.38 billion, a P/E ratio of 13.30, a PEG ratio of 3.41 and a beta of 0.14. Ventas has a twelve month low of $46.55 and a twelve month high of $65.72. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.56 and a current ratio of 0.56.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTR. Legacy Advisors LLC grew its position in shares of Ventas by 5,960.6% in the 2nd quarter. Legacy Advisors LLC now owns 2,000 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 1,967 shares during the last quarter. Howe & Rusling Inc. grew its position in shares of Ventas by 591.7% in the 2nd quarter. Howe & Rusling Inc. now owns 2,338 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 2,000 shares during the last quarter. Summit Trail Advisors LLC grew its position in shares of Ventas by 3,729.4% in the 1st quarter. Summit Trail Advisors LLC now owns 159,648 shares of the real estate investment trust’s stock valued at $160,000 after buying an additional 155,479 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Ventas by 354.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,001 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 2,341 shares during the last quarter. Finally, Signaturefd LLC grew its position in shares of Ventas by 83.9% in the 2nd quarter. Signaturefd LLC now owns 3,043 shares of the real estate investment trust’s stock valued at $173,000 after buying an additional 1,388 shares during the last quarter. Hedge funds and other institutional investors own 84.30% of the company’s stock.

In other Ventas news, EVP T Richard Riney sold 13,708 shares of the company’s stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $60.00, for a total value of $822,480.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.40% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, October 1st were given a $0.79 dividend. The ex-dividend date of this dividend was Friday, September 28th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.71%. Ventas’s dividend payout ratio (DPR) is presently 75.96%.

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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Earnings History and Estimates for Ventas (NYSE:VTR)

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