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.
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