Equities research analysts predict that Ventas, Inc. (NYSE:VTR) will post earnings per share of $0.96 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Ventas’ earnings, with the lowest EPS estimate coming in at $0.94 and the highest estimate coming in at $0.97. Ventas also posted earnings of $0.96 per share in the same quarter last year. The business is expected to report its next quarterly earnings results on Friday, April 26th.
On average, analysts expect that Ventas will report full year earnings of $3.83 per share for the current year, with EPS estimates ranging from $3.76 to $4.01. For the next year, analysts expect that the firm will report earnings of $3.89 per share, with EPS estimates ranging from $3.80 to $3.95. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Ventas.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The firm had revenue of $923.26 million during the quarter, compared to the consensus estimate of $913.92 million. During the same period last year, the business posted $1.03 earnings per share. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year.
Shares of VTR traded up $0.06 during mid-day trading on Thursday, hitting $63.59. 2,211,903 shares of the company’s stock were exchanged, compared to its average volume of 2,049,104. Ventas has a 52 week low of $46.55 and a 52 week high of $65.70. The stock has a market capitalization of $22.66 billion, a PE ratio of 15.62, a P/E/G ratio of 5.34 and a beta of 0.32. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.04.
The business also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Monday, April 1st will be given a $0.7925 dividend. The ex-dividend date is Friday, March 29th. This represents a $3.17 dividend on an annualized basis and a yield of 4.99%. Ventas’s dividend payout ratio is currently 77.89%.
In other Ventas news, CFO Robert F. Probst sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 12th. The shares were sold at an average price of $63.31, for a total value of $633,100.00. Following the sale, the chief financial officer now owns 100,064 shares in the company, valued at $6,335,051.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Debra A. Cafaro sold 68,084 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $64.09, for a total transaction of $4,363,503.56. Following the completion of the sale, the chairman now owns 805,835 shares in the company, valued at approximately $51,645,965.15. The disclosure for this sale can be found here. Insiders sold 88,084 shares of company stock worth $5,646,704 in the last 90 days. Company insiders own 1.40% of the company’s stock.
A number of institutional investors have recently modified their holdings of VTR. Robeco Institutional Asset Management B.V. boosted its position in Ventas by 1.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 221,113 shares of the real estate investment trust’s stock valued at $12,028,000 after buying an additional 4,046 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of Ventas by 0.3% during the third quarter. State Board of Administration of Florida Retirement System now owns 510,398 shares of the real estate investment trust’s stock worth $27,755,000 after purchasing an additional 1,491 shares during the period. US Bancorp DE lifted its holdings in shares of Ventas by 16.0% during the third quarter. US Bancorp DE now owns 66,163 shares of the real estate investment trust’s stock worth $3,598,000 after purchasing an additional 9,144 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Ventas by 130.8% during the third quarter. Private Advisor Group LLC now owns 51,564 shares of the real estate investment trust’s stock worth $2,804,000 after purchasing an additional 29,222 shares during the period. Finally, WESPAC Advisors LLC acquired a new position in shares of Ventas during the third quarter worth $202,000. Hedge funds and other institutional investors own 87.84% of the company’s stock.
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, health systems and skilled nursing facilities.
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