Brokerages Expect Ventas, Inc. (NYSE:VTR) Will Post Quarterly Sales of $977.24 Million

Analysts forecast that Ventas, Inc. (NYSE:VTR) will announce $977.24 million in sales for the current quarter, according to Zacks. Four analysts have issued estimates for Ventas’ earnings, with the lowest sales estimate coming in at $951.60 million and the highest estimate coming in at $1.00 billion. Ventas posted sales of $923.26 million in the same quarter last year, which suggests a positive year over year growth rate of 5.8%. The firm is scheduled to announce its next earnings results on Friday, February 14th.

According to Zacks, analysts expect that Ventas will report full year sales of $3.84 billion for the current fiscal year, with estimates ranging from $3.80 billion to $3.88 billion. For the next financial year, analysts expect that the business will report sales of $3.93 billion, with estimates ranging from $3.84 billion to $4.05 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Ventas.

Ventas (NYSE:VTR) last announced its earnings results on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.71). The business had revenue of $983.16 million for the quarter, compared to the consensus estimate of $935.43 million. Ventas had a net margin of 12.73% and a return on equity of 4.59%. Ventas’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 EPS.

VTR has been the topic of several research analyst reports. TheStreet downgraded shares of Ventas from a “b-” rating to a “c+” rating in a research note on Friday, November 15th. Citigroup cut shares of Ventas from a “buy” rating to a “neutral” rating and cut their target price for the company from $76.00 to $67.00 in a research note on Monday, October 28th. BMO Capital Markets reduced their price target on shares of Ventas to $63.00 and set a “market perform” rating for the company in a report on Friday, November 8th. Stifel Nicolaus downgraded shares of Ventas from a “buy” rating to a “hold” rating and reduced their price target for the company from $74.00 to $66.00 in a report on Wednesday, October 30th. Finally, Barclays started coverage on shares of Ventas in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. Ventas presently has an average rating of “Hold” and a consensus price target of $67.04.

Shares of VTR stock opened at $57.47 on Friday. Ventas has a 12 month low of $56.52 and a 12 month high of $75.40. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.11. The firm has a market cap of $21.42 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 5.03 and a beta of 0.12. The stock has a 50 day moving average of $62.13 and a 200-day moving average of $67.94.

Several hedge funds and other institutional investors have recently modified their holdings of VTR. Stifel Financial Corp raised its stake in shares of Ventas by 12.8% in the 3rd quarter. Stifel Financial Corp now owns 182,914 shares of the real estate investment trust’s stock valued at $13,344,000 after buying an additional 20,750 shares in the last quarter. Achmea Investment Management B.V. raised its holdings in shares of Ventas by 34.9% in the 2nd quarter. Achmea Investment Management B.V. now owns 38,751 shares of the real estate investment trust’s stock worth $2,648,000 after buying an additional 10,028 shares in the last quarter. Coastal Investment Advisors Inc. lifted its position in shares of Ventas by 530.6% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 5,076 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 4,271 shares during the period. Envestnet Asset Management Inc. boosted its stake in Ventas by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 595,403 shares of the real estate investment trust’s stock valued at $40,696,000 after buying an additional 47,832 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in shares of Ventas by 2.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 84,908 shares of the real estate investment trust’s stock valued at $6,201,000 after purchasing an additional 2,270 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

About Ventas

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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