Ventas, Inc. (NYSE:VTR) Declares Quarterly Dividend of $0.52

Ventas, Inc. (NYSE:VTR) declared a quarterly dividend on Monday, September 14th. Investors of record on Wednesday, September 30th will be paid a dividend of 0.52 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 30th.

Ventas has decreased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Ventas has a dividend payout ratio of 270.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Ventas to earn $4.29 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 48.5%.

Ventas Stock Performance

Shares of VTR stock opened at $89.12 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market capitalization of $45.71 billion, a price-to-earnings ratio of 165.03, a price-to-earnings-growth ratio of 3.51 and a beta of 0.70. Ventas has a one year low of $66.54 and a one year high of $101.60. The company has a 50 day moving average price of $92.83 and a 200 day moving average price of $88.00.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. Ventas had a net margin of 4.08% and a return on equity of 1.99%. Ventas’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the business earned $0.87 EPS. Sell-side analysts anticipate that Ventas will post 3.89 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Raymond James Financial assumed coverage on Ventas in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $94.00 target price on the stock. The Goldman Sachs Group reissued a “buy” rating and set a $110.00 price target on shares of Ventas in a research report on Tuesday, May 19th. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald raised their price objective on Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Mizuho raised their price objective on Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.00.

Ventas Company Profile

Ventas, Inc is a real estate investment trust (REIT) that owns and manages a diversified portfolio of healthcare and senior living properties. Its real estate platform includes senior housing communities, medical office buildings, life science and innovation centers, and other healthcare-related facilities.

The company generally leases or operates its properties through relationships with healthcare providers, senior living operators, universities, and research institutions. Its properties support services such as independent and assisted living, skilled nursing, outpatient care, physician practices, medical research, and biotechnology development.

Ventas serves major healthcare and life science markets in the United States and Canada.