Equities research analysts expect that Ventas (NYSE:VTR) will report sales of $918.66 million for the current quarter, Zacks reports. Three analysts have made estimates for Ventas’ earnings. The highest sales estimate is $931.10 million and the lowest is $911.08 million. Ventas posted sales of $895.49 million in the same quarter last year, which suggests a positive year over year growth rate of 2.6%. The firm is expected to report its next earnings report on Friday, July 27th.
According to Zacks, analysts expect that Ventas will report full year sales of $3.62 billion for the current fiscal year, with estimates ranging from $3.48 billion to $3.70 billion. For the next fiscal year, analysts forecast that the business will post sales of $3.69 billion per share, with estimates ranging from $3.57 billion to $3.78 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Ventas.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, April 27th. The real estate investment trust reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.79). Ventas had a return on equity of 5.24% and a net margin of 34.04%. The company had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $874.42 million. During the same quarter last year, the business earned $0.55 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis.
Shares of VTR opened at $51.46 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. Ventas has a one year low of $51.93 and a one year high of $52.79. The stock has a market capitalization of $18.62 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 3.44 and a beta of 0.07.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Monday, July 2nd will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date is Friday, June 29th. Ventas’s dividend payout ratio is 75.96%.
In other Ventas news, Chairman Debra A. Cafaro sold 30,944 shares of the firm’s stock in a transaction that occurred on Monday, May 14th. The shares were sold at an average price of $53.18, for a total transaction of $1,645,601.92. Following the completion of the transaction, the chairman now owns 775,111 shares of the company’s stock, valued at $41,220,402.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Melody C. Barnes sold 3,963 shares of the firm’s stock in a transaction that occurred on Monday, May 7th. The shares were sold at an average price of $53.37, for a total transaction of $211,505.31. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Certified Advisory Corp bought a new position in shares of Ventas during the fourth quarter valued at approximately $102,000. Valeo Financial Advisors LLC increased its position in shares of Ventas by 1,945.6% during the fourth quarter. Valeo Financial Advisors LLC now owns 1,841 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 1,751 shares in the last quarter. Aevitas Wealth Management Inc. bought a new stake in shares of Ventas during the fourth quarter valued at approximately $114,000. Icon Wealth Partners LLC bought a new stake in shares of Ventas during the fourth quarter valued at approximately $114,000. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC bought a new stake in shares of Ventas during the fourth quarter valued at approximately $116,000. 88.56% of the stock is owned by institutional investors and hedge funds.
Ventas Company Profile
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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