Wall Street analysts predict that Ventas, Inc. (NYSE:VTR) will post sales of $850.63 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Ventas’ earnings, with the highest sales estimate coming in at $875.29 million and the lowest estimate coming in at $825.97 million. Ventas posted sales of $883.44 million in the same quarter last year, which indicates a negative year over year growth rate of 3.7%. The firm is expected to report its next quarterly earnings report on Friday, April 27th.
According to Zacks, analysts expect that Ventas will report full-year sales of $850.63 million for the current financial year, with estimates ranging from $3.35 billion to $3.56 billion. For the next financial year, analysts expect that the company will report sales of $3.54 billion per share, with estimates ranging from $3.47 billion to $3.64 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Ventas.
Ventas (NYSE:VTR) last released its earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.03. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The firm had revenue of $895.30 million during the quarter, compared to the consensus estimate of $895.92 million. During the same period in the previous year, the firm earned $0.58 earnings per share. Ventas’s revenue was up 2.2% compared to the same quarter last year.
Shares of VTR stock opened at $48.21 on Tuesday. Ventas has a twelve month low of $47.80 and a twelve month high of $72.36. The stock has a market cap of $17,136.11, a P/E ratio of 12.79, a P/E/G ratio of 3.13 and a beta of 0.14. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Monday, April 2nd will be given a dividend of $0.79 per share. The ex-dividend date is Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.55%. Ventas’s payout ratio is currently 83.82%.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. lifted its position in shares of Ventas by 10.5% during the third quarter. Pacer Advisors Inc. now owns 9,546 shares of the real estate investment trust’s stock worth $622,000 after purchasing an additional 904 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Ventas by 1.5% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 67,017 shares of the real estate investment trust’s stock worth $4,365,000 after purchasing an additional 1,000 shares in the last quarter. Tredje AP fonden lifted its position in shares of Ventas by 4.4% during the third quarter. Tredje AP fonden now owns 24,183 shares of the real estate investment trust’s stock worth $1,575,000 after purchasing an additional 1,030 shares in the last quarter. Strategic Financial Services Inc raised its holdings in Ventas by 2.3% in the fourth quarter. Strategic Financial Services Inc now owns 47,260 shares of the real estate investment trust’s stock valued at $2,836,000 after acquiring an additional 1,055 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in Ventas by 1.2% in the third quarter. Stifel Financial Corp now owns 91,714 shares of the real estate investment trust’s stock valued at $5,983,000 after acquiring an additional 1,062 shares in the last quarter. 88.78% of the stock is currently owned by institutional investors and hedge funds.
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Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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