Brokerages expect that Ventas, Inc. (NYSE:VTR) will post sales of $850.63 million for the current quarter, Zacks reports. Two analysts have provided estimates for Ventas’ earnings, with estimates ranging from $825.97 million to $875.29 million. Ventas posted sales of $883.44 million during the same quarter last year, which suggests a negative year over year growth rate of 3.7%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Friday, April 27th.
According to Zacks, analysts expect that Ventas will report full year sales of $850.63 million for the current financial year, with estimates ranging from $3.35 billion to $3.56 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $3.54 billion per share, with estimates ranging from $3.47 billion to $3.64 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Ventas.
Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.03. The business had revenue of $895.30 million for the quarter, compared to analyst estimates of $895.92 million. Ventas had a return on equity of 5.99% and a net margin of 37.95%. Ventas’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.58 earnings per share.
A number of large investors have recently added to or reduced their stakes in VTR. Stifel Financial Corp increased its position in Ventas by 1.2% in the third quarter. Stifel Financial Corp now owns 91,714 shares of the real estate investment trust’s stock worth $5,983,000 after buying an additional 1,062 shares during the last quarter. Vident Investment Advisory LLC purchased a new stake in Ventas in the third quarter worth $206,000. Janus Henderson Group PLC increased its position in 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 buying an additional 81,667 shares during the last quarter. Janney Montgomery Scott LLC increased its position in 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 buying an additional 2,801 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in Ventas by 4.3% in the third quarter. California Public Employees Retirement System now owns 823,017 shares of the real estate investment trust’s stock worth $53,603,000 after buying an additional 33,705 shares during the last quarter. 88.78% of the stock is owned by institutional investors and hedge funds.
Shares of Ventas stock opened at $48.35 on Friday. The firm has a market cap of $17,549.28, a P/E ratio of 11.62, a price-to-earnings-growth ratio of 3.21 and a beta of 0.09. Ventas has a 12 month low of $47.80 and a 12 month 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 also recently announced a quarterly dividend, which was paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd were given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend was Thursday, March 29th. Ventas’s dividend payout ratio is currently 75.96%.
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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