Ventas, Inc. (NYSE:VTR) Expected to Post Earnings of $0.87 Per Share

Share on StockTwits

Analysts expect that Ventas, Inc. (NYSE:VTR) will post $0.87 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Ventas’ earnings, with the highest EPS estimate coming in at $0.91 and the lowest estimate coming in at $0.79. Ventas reported earnings per share of $0.97 during the same quarter last year, which would suggest a negative year-over-year growth rate of 10.3%. The firm is scheduled to report its next quarterly earnings results on Friday, July 24th.

On average, analysts expect that Ventas will report full-year earnings of $3.13 per share for the current fiscal year, with EPS estimates ranging from $2.77 to $3.40. For the next financial year, analysts expect that the company will post earnings of $3.16 per share, with EPS estimates ranging from $2.56 to $3.75. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Ventas.

Ventas (NYSE:VTR) last announced its earnings results on Friday, May 8th. The real estate investment trust reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $969.85 million. Ventas had a net margin of 19.80% and a return on equity of 7.26%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 EPS.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Ventas from a “sell” rating to a “hold” rating and set a $40.00 price target for the company in a report on Saturday, May 30th. Citigroup reduced their price target on shares of Ventas from $63.00 to $25.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Bank of America cut Ventas from a “neutral” rating to an “underperform” rating in a report on Monday, March 23rd. Wells Fargo & Co raised their price objective on Ventas from $29.00 to $35.00 and gave the company an “underweight” rating in a research note on Friday, June 19th. Finally, Jefferies Financial Group downgraded Ventas from a “buy” rating to an “underperform” rating in a research report on Tuesday, March 10th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Ventas has an average rating of “Hold” and an average target price of $43.88.

Institutional investors have recently made changes to their positions in the stock. CWM Advisors LLC acquired a new position in Ventas during the 1st quarter worth approximately $35,000. 1776 Wealth LLC purchased a new stake in shares of Ventas during the first quarter valued at approximately $36,000. Private Capital Group LLC lifted its position in shares of Ventas by 43.2% during the first quarter. Private Capital Group LLC now owns 1,307 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 394 shares in the last quarter. Stonebridge Financial Planning Group LLC acquired a new position in shares of Ventas during the first quarter worth $48,000. Finally, Sailer Financial LLC purchased a new position in shares of Ventas in the fourth quarter valued at $53,000. 88.22% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:VTR opened at $36.62 on Friday. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 1.32. The company has a 50-day moving average price of $35.76 and a 200 day moving average price of $43.32. Ventas has a 52 week low of $13.35 and a 52 week high of $75.40. The company has a market cap of $13.69 billion, a P/E ratio of 17.44, a PEG ratio of 3.80 and a beta of 1.07.

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

Read More: What are the risks of holding treasury bonds?

Get a free copy of the Zacks research report on Ventas (VTR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Ventas (NYSE:VTR)

Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Domino’s Pizza  PT Raised to $425.00
Domino’s Pizza PT Raised to $425.00
Nexus Investment Management ULC Decreases Position in Microsoft Co.
Nexus Investment Management ULC Decreases Position in Microsoft Co.
16,515 Shares in AT&T Inc.  Acquired by Cottage Street Advisors LLC
16,515 Shares in AT&T Inc. Acquired by Cottage Street Advisors LLC
Forte Capital LLC ADV Invests $488,000 in Intel Co.
Forte Capital LLC ADV Invests $488,000 in Intel Co.
16,081 Shares in Applied Materials, Inc.  Acquired by Mount Yale Investment Advisors LLC
16,081 Shares in Applied Materials, Inc. Acquired by Mount Yale Investment Advisors LLC
Diligent Investors LLC Buys New Stake in Marsh & McLennan Companies, Inc.
Diligent Investors LLC Buys New Stake in Marsh & McLennan Companies, Inc.


 
© 2006-2020 Zolmax.