Ventas, Inc. (NYSE:VTR) – Analysts at Jefferies Group issued their Q1 2017 earnings per share (EPS) estimates for Ventas in a research note issued to investors on Monday, Zacks Investment Research reports. Jefferies Group analyst O. Okusanya expects that the real estate investment trust will post earnings of $1.02 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $64.00 target price on the stock.
VTR has been the subject of a number of other research reports. Goldman Sachs Group Inc downgraded shares of Ventas from a “neutral” rating to a “sell” rating and set a $56.00 price target for the company. in a report on Wednesday, March 15th. SunTrust Banks, Inc. began coverage on shares of Ventas in a report on Tuesday, March 21st. They issued a “hold” rating and a $64.00 target price for the company. Zacks Investment Research downgraded shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, March 27th. BMO Capital Markets downgraded shares of Ventas from a “market perform” rating to an “underperform” rating in a report on Tuesday, January 31st. Finally, Evercore ISI downgraded shares of Ventas from a “hold” rating to an “underperform” rating in a report on Friday, March 3rd. Four equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $65.25.
Shares of Ventas (NYSE:VTR) traded down 0.28% during mid-day trading on Tuesday, hitting $67.24. The stock had a trading volume of 1,334,404 shares. Ventas has a 12 month low of $56.20 and a 12 month high of $76.80. The firm has a market cap of $23.86 billion, a PE ratio of 34.17 and a beta of 0.08. The stock’s 50-day moving average is $64.81 and its 200 day moving average is $62.58.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, April 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $1.02 by $0.58. Ventas had a net margin of 18.85% and a return on equity of 6.42%. The business had revenue of $883.44 million for the quarter, compared to analysts’ expectations of $873.56 million. During the same quarter in the prior year, the company posted $1.04 EPS. The business’s revenue for the quarter was up 3.7% on a year-over-year basis.
Several large investors have recently added to or reduced their stakes in VTR. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Ventas during the fourth quarter valued at about $109,000. Cribstone Capital Management LLC purchased a new stake in Ventas during the first quarter valued at about $123,000. Synovus Financial Corp boosted its stake in Ventas by 7.8% in the third quarter. Synovus Financial Corp now owns 2,083 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 150 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in Ventas by 2.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,436 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 65 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in Ventas during the third quarter valued at about $207,000. 91.98% of the stock is owned by institutional investors and hedge funds.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Tuesday, June 6th will be given a dividend of $0.775 per share. This represents a $3.10 annualized dividend and a dividend yield of 4.60%. Ventas’s dividend payout ratio (DPR) is currently 166.67%.
Ventas Company Profile
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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