Wall Street brokerages predict that Ventas, Inc. (NYSE:VTR) will announce $0.94 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Ventas’ earnings, with the lowest EPS estimate coming in at $0.93 and the highest estimate coming in at $0.96. Ventas posted earnings per share of $0.99 during the same quarter last year, which suggests a negative year-over-year growth rate of 5.1%. The company is scheduled to report its next quarterly earnings report before the market opens on Friday, October 25th.
On average, analysts expect that Ventas will report full year earnings of $3.84 per share for the current financial year, with EPS estimates ranging from $3.82 to $3.86. For the next year, analysts expect that the business will report earnings of $3.94 per share, with EPS estimates ranging from $3.88 to $4.02. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Ventas.
Ventas (NYSE:VTR) last posted its earnings results on Friday, July 26th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.38). The company had revenue of $950.70 million during the quarter, compared to analysts’ expectations of $931.16 million. Ventas had a net margin of 13.34% and a return on equity of 4.78%. Ventas’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 EPS.
NYSE:VTR traded down $0.63 on Monday, reaching $72.55. The stock had a trading volume of 85,106 shares, compared to its average volume of 1,519,187. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average of $72.90 and a 200 day moving average of $68.17. The stock has a market cap of $27.05 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 6.20 and a beta of 0.22. Ventas has a 12-month low of $55.41 and a 12-month high of $75.40.
The business also recently announced a — dividend, which was paid on Friday, October 11th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.7925 per share. This represents a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, September 30th. Ventas’s dividend payout ratio (DPR) is currently 77.89%.
In other news, EVP John D. Cobb sold 10,000 shares of the firm’s 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 is accessible through this link. Company insiders own 1.40% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Hudock Capital Group LLC increased its stake in Ventas by 10.7% in the second quarter. Hudock Capital Group LLC now owns 1,558 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 151 shares in the last quarter. FLC Capital Advisors increased its stake in Ventas by 3.2% in the second quarter. FLC Capital Advisors now owns 5,041 shares of the real estate investment trust’s stock valued at $353,000 after purchasing an additional 155 shares in the last quarter. Raymond James Trust N.A. increased its stake in Ventas by 0.6% in the second quarter. Raymond James Trust N.A. now owns 26,334 shares of the real estate investment trust’s stock valued at $1,799,000 after purchasing an additional 165 shares in the last quarter. 6 Meridian boosted its holdings in shares of Ventas by 2.2% in the second quarter. 6 Meridian now owns 8,023 shares of the real estate investment trust’s stock valued at $548,000 after buying an additional 169 shares during the period. Finally, H D Vest Advisory Services boosted its holdings in shares of Ventas by 5.3% in the second quarter. H D Vest Advisory Services now owns 3,422 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 172 shares during the period. 87.42% of the stock is owned by institutional investors.
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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