Ventas, Inc. Expected to Earn FY2024 Earnings of $3.15 Per Share (NYSE:VTR)

Ventas, Inc. (NYSE:VTR) – Zacks Research dropped their FY2024 earnings estimates for shares of Ventas in a report released on Wednesday, May 22nd. Zacks Research analyst R. Fatarpekar now anticipates that the real estate investment trust will post earnings of $3.15 per share for the year, down from their previous estimate of $3.17. The consensus estimate for Ventas’ current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Ventas’ Q4 2024 earnings at $0.80 EPS, Q1 2025 earnings at $0.80 EPS, FY2025 earnings at $3.32 EPS and FY2026 earnings at $3.60 EPS.

Several other analysts have also recently commented on VTR. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a report on Monday, March 18th. Deutsche Bank Aktiengesellschaft initiated coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price on the stock. Scotiabank boosted their price target on Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $46.00 price objective (down from $52.00) on shares of Ventas in a report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.23.

Ventas Price Performance

Shares of NYSE:VTR opened at $47.50 on Thursday. The company has a market cap of $19.23 billion, a P/E ratio of -249.99, a P/E/G ratio of 2.52 and a beta of 1.25. The business has a fifty day simple moving average of $44.75 and a 200-day simple moving average of $45.71. Ventas has a 52 week low of $39.33 and a 52 week high of $50.99. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.80 annualized dividend and a yield of 3.79%. Ventas’s dividend payout ratio is presently -947.32%.

Insiders Place Their Bets

In other news, Director Walter C. Rakowich sold 2,145 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total transaction of $103,818.00. Following the transaction, the director now directly owns 26,031 shares in the company, valued at approximately $1,259,900.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares of the company’s stock, valued at $597,394.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter C. Rakowich sold 2,145 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total transaction of $103,818.00. Following the transaction, the director now owns 26,031 shares in the company, valued at approximately $1,259,900.40. The disclosure for this sale can be found here. Insiders sold a total of 35,270 shares of company stock worth $1,672,966 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ventas

Several institutional investors have recently bought and sold shares of VTR. Cetera Advisors LLC boosted its position in Ventas by 47.4% during the first quarter. Cetera Advisors LLC now owns 8,347 shares of the real estate investment trust’s stock worth $363,000 after purchasing an additional 2,686 shares during the period. Cetera Investment Advisers grew its stake in Ventas by 480.0% in the 1st quarter. Cetera Investment Advisers now owns 35,325 shares of the real estate investment trust’s stock valued at $1,538,000 after buying an additional 29,235 shares during the last quarter. PGGM Investments bought a new position in Ventas in the 1st quarter worth $266,000. Swedbank AB acquired a new position in Ventas during the 1st quarter worth $19,551,000. Finally, Virtu Financial LLC bought a new stake in Ventas during the first quarter valued at about $627,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.