Jefferies Financial Group Weighs in on Ventas, Inc.’s FY2019 Earnings (NYSE:VTR)

Ventas, Inc. (NYSE:VTR) – Research analysts at Jefferies Financial Group lowered their FY2019 EPS estimates for Ventas in a report released on Monday, October 14th. Jefferies Financial Group analyst J. Petersen now expects that the real estate investment trust will post earnings per share of $3.84 for the year, down from their previous forecast of $3.85. Jefferies Financial Group also issued estimates for Ventas’ Q4 2020 earnings at $1.03 EPS, Q1 2021 earnings at $1.02 EPS, Q2 2021 earnings at $1.04 EPS, Q3 2021 earnings at $1.07 EPS and FY2021 earnings at $4.21 EPS.

Several other brokerages have also issued reports on VTR. Barclays assumed coverage on shares of Ventas in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 target price for the company. Morgan Stanley boosted their price objective on shares of Ventas from $61.00 to $73.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 17th. Mitsubishi UFJ Financial Group boosted their price objective on shares of Ventas to $67.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 19th. Stifel Nicolaus upgraded shares of Ventas from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $65.00 to $74.00 in a research note on Wednesday, June 19th. Finally, Royal Bank of Canada boosted their price objective on shares of Ventas to $71.00 and gave the stock an “in-line” rating in a research note on Thursday, June 20th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $68.50.

Shares of NYSE:VTR opened at $72.24 on Wednesday. The firm has a market cap of $26.87 billion, a P/E ratio of 17.75, a P/E/G ratio of 6.23 and a beta of 0.22. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.94. Ventas has a 12-month low of $53.60 and a 12-month high of $75.40. The business has a fifty day simple moving average of $73.05 and a 200 day simple moving average of $67.82.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.58 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.38). The company had revenue of $950.70 million for the quarter, compared to analyst estimates of $931.16 million. Ventas had a net margin of 13.34% and a return on equity of 4.78%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the company posted $0.46 earnings per share.

The company also recently declared a — dividend, which was paid on Friday, October 11th. Investors of record on Tuesday, October 1st were issued a dividend of $0.7925 per share. This represents a yield of 4.4%. The ex-dividend date was Monday, September 30th. Ventas’s dividend payout ratio (DPR) is presently 77.89%.

In other Ventas news, EVP John D. Cobb sold 10,000 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $72.54, for a total transaction of $725,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Achmea Investment Management B.V. lifted its holdings in Ventas by 34.9% during the second quarter. Achmea Investment Management B.V. now owns 38,751 shares of the real estate investment trust’s stock valued at $2,648,000 after purchasing an additional 10,028 shares in the last quarter. Coastal Investment Advisors Inc. raised its position in shares of Ventas by 530.6% in the second quarter. Coastal Investment Advisors Inc. now owns 5,076 shares of the real estate investment trust’s stock valued at $357,000 after buying an additional 4,271 shares during the last quarter. Eii Capital Management Inc. raised its position in shares of Ventas by 6.5% in the second quarter. Eii Capital Management Inc. now owns 72,438 shares of the real estate investment trust’s stock valued at $4,951,000 after buying an additional 4,427 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Ventas by 8.7% in the second quarter. Envestnet Asset Management Inc. now owns 595,403 shares of the real estate investment trust’s stock valued at $40,696,000 after buying an additional 47,832 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Ventas by 16.6% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 134,346 shares of the real estate investment trust’s stock valued at $9,183,000 after buying an additional 19,173 shares during the last quarter. 87.74% of the stock is currently owned by institutional investors and hedge funds.

About Ventas

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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

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Earnings History and Estimates for Ventas (NYSE:VTR)

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