Analysts Issue Forecasts for Ventas, Inc.’s Q2 2019 Earnings (VTR)

Ventas, Inc. (NYSE:VTR) – Analysts at Jefferies Financial Group lifted their Q2 2019 EPS estimates for shares of Ventas in a report issued on Monday, May 6th, according to Zacks Investment Research. Jefferies Financial Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings of $0.96 per share for the quarter, up from their previous forecast of $0.95. Jefferies Financial Group also issued estimates for Ventas’ Q4 2019 earnings at $0.93 EPS, FY2019 earnings at $3.82 EPS, Q4 2020 earnings at $0.99 EPS, Q1 2021 earnings at $0.96 EPS and FY2021 earnings at $3.96 EPS.

VTR has been the topic of several other reports. ValuEngine downgraded shares of Ventas from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th. Raymond James upgraded shares of Ventas from an “underperform” rating to a “market perform” rating in a research report on Tuesday, April 30th. Morgan Stanley initiated coverage on shares of Ventas in a research report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 price target on the stock. BMO Capital Markets increased their price target on shares of Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a research report on Monday, March 4th. Finally, Mitsubishi UFJ Financial Group increased their price target on shares of Ventas from $60.00 to $61.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Three research analysts have rated the stock with a sell rating and thirteen have issued a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $59.46.

Shares of Ventas stock opened at $63.49 on Wednesday. The company has a market cap of $22.73 billion, a P/E ratio of 15.60, a P/E/G ratio of 8.10 and a beta of 0.30. Ventas has a twelve month low of $50.69 and a twelve month high of $65.70. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.56 and a current ratio of 0.56.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.03. The company had revenue of $942.80 million for the quarter, compared to the consensus estimate of $908.61 million. Ventas had a net margin of 12.19% and a return on equity of 4.04%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 earnings per share.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Monday, July 1st will be paid a $0.7925 dividend. This represents a $3.17 dividend on an annualized basis and a dividend yield of 4.99%. Ventas’s dividend payout ratio (DPR) is presently 77.89%.

In other news, Director Robert D. Reed sold 3,440 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $63.89, for a total value of $219,781.60. Following the completion of the sale, the director now directly owns 47,709 shares of the company’s stock, valued at $3,048,128.01. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Robert F. Probst sold 10,000 shares of the stock in a transaction on Friday, February 15th. The stock was sold at an average price of $65.01, for a total transaction of $650,100.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,493 shares of company stock valued at $2,153,070. Corporate insiders own 1.40% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Schonfeld Strategic Advisors LLC purchased a new position in Ventas during the first quarter valued at $498,000. Man Group plc purchased a new position in Ventas during the first quarter valued at $804,000. Coastal Investment Advisors Inc. purchased a new position in Ventas during the first quarter valued at $52,000. Goldman Sachs Group Inc. grew its stake in Ventas by 7.1% during the first quarter. Goldman Sachs Group Inc. now owns 5,099,282 shares of the real estate investment trust’s stock valued at $325,386,000 after acquiring an additional 340,183 shares in the last quarter. Finally, ExodusPoint Capital Management LP purchased a new position in Ventas during the first quarter valued at $678,000. 87.90% of the stock is owned by hedge funds and other institutional investors.

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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