Analysts predict that Ventas, Inc. (NYSE:VTR) will announce $960.35 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Ventas’ earnings. The lowest sales estimate is $927.50 million and the highest is $993.20 million. Ventas reported sales of $950.72 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 1%. The firm is scheduled to report its next quarterly earnings results on Friday, July 24th.
According to Zacks, analysts expect that Ventas will report full year sales of $3.85 billion for the current year, with estimates ranging from $3.71 billion to $3.93 billion. For the next year, analysts forecast that the company will post sales of $3.84 billion, with estimates ranging from $3.56 billion to $4.03 billion. Zacks’ sales calculations are an average based on a survey of research analysts that follow Ventas.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.08. Ventas had a return on equity of 7.26% and a net margin of 19.80%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $969.85 million. During the same period in the prior year, the business earned $0.35 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis.
NYSE VTR opened at $36.70 on Tuesday. The business’s 50-day moving average price is $35.63 and its 200 day moving average price is $43.42. Ventas has a twelve month low of $13.35 and a twelve month high of $75.40. The company has a market capitalization of $13.33 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 3.80 and a beta of 1.07. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 1.32.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. raised its holdings in shares of Ventas by 1.3% during the fourth quarter. Victory Capital Management Inc. now owns 544,842 shares of the real estate investment trust’s stock worth $31,459,000 after purchasing an additional 6,807 shares during the period. National Asset Management Inc. grew its position in Ventas by 7.5% in the 4th quarter. National Asset Management Inc. now owns 7,671 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 533 shares in the last quarter. Chicago Equity Partners LLC grew its position in Ventas by 3.6% in the 4th quarter. Chicago Equity Partners LLC now owns 8,970 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 315 shares in the last quarter. Korea Investment CORP grew its position in Ventas by 25.5% in the 4th quarter. Korea Investment CORP now owns 353,579 shares of the real estate investment trust’s stock valued at $20,416,000 after buying an additional 71,800 shares in the last quarter. Finally, Mid Atlantic Financial Management Inc. ADV grew its position in Ventas by 40.6% in the 4th quarter. Mid Atlantic Financial Management Inc. ADV now owns 8,078 shares of the real estate investment trust’s stock valued at $466,000 after buying an additional 2,332 shares in the last quarter. 88.22% of the stock is currently owned by hedge funds and other institutional investors.
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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