Zacks: Analysts Expect Ventas, Inc. (VTR) Will Announce Earnings of $0.96 Per Share

Analysts expect Ventas, Inc. (NYSE:VTR) to post earnings per share (EPS) of $0.96 for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Ventas’ earnings, with estimates ranging from $0.94 to $0.98. Ventas also reported earnings per share of $0.96 during the same quarter last year. The company is expected to issue its next quarterly earnings report before the market opens on Friday, April 26th.

According to Zacks, analysts expect that Ventas will report full year earnings of $3.81 per share for the current financial year, with EPS estimates ranging from $3.76 to $3.85. For the next financial year, analysts expect that the business will post 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 sell-side analysts that cover Ventas.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.01. The firm had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share.

Several research analysts have commented on the company. ValuEngine downgraded Ventas from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Deutsche Bank raised their price objective on Ventas from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Friday, March 29th. Morgan Stanley assumed coverage on Ventas in a report on Thursday, March 28th. They set an “equal weight” rating and a $61.00 price objective on the stock. BMO Capital Markets raised their price objective on Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a report on Monday, March 4th. Finally, Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $59.33.

In related news, CFO Robert F. Probst sold 10,000 shares of the business’s stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $63.31, for a total transaction of $633,100.00. Following the transaction, the chief financial officer now directly owns 100,064 shares in the company, valued at approximately $6,335,051.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 4,113 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total value of $249,535.71. Following the transaction, the chief accounting officer now owns 14,627 shares in the company, valued at $887,420.09. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 111,577 shares of company stock worth $7,149,673. 1.40% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Massey Quick Simon & CO. LLC acquired a new stake in Ventas during the 1st quarter worth about $26,000. Rational Advisors LLC acquired a new stake in Ventas during the 4th quarter worth about $34,000. Reilly Financial Advisors LLC acquired a new stake in Ventas during the 4th quarter worth about $35,000. Berman Capital Advisors LLC acquired a new stake in Ventas during the 4th quarter worth about $41,000. Finally, Pinnacle Bank acquired a new stake in Ventas during the 4th quarter worth about $46,000. Hedge funds and other institutional investors own 88.50% of the company’s stock.

VTR traded up $0.74 during trading on Friday, hitting $59.03. 1,565,854 shares of the stock were exchanged, compared to its average volume of 1,935,609. The company has a market capitalization of $21.09 billion, a P/E ratio of 14.50, a PEG ratio of 8.15 and a beta of 0.32. Ventas has a 1 year low of $46.55 and a 1 year high of $65.70. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.04.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Monday, April 1st were paid a dividend of $0.7925 per share. The ex-dividend date of this dividend was Friday, March 29th. This represents a $3.17 annualized dividend and a yield of 5.37%. Ventas’s dividend payout ratio (DPR) is 77.89%.

Ventas Company Profile

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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Earnings History and Estimates for Ventas (NYSE:VTR)

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