$1.04 Billion in Sales Expected for Ventas, Inc. (NYSE:VTR) This Quarter

Equities analysts expect that Ventas, Inc. (NYSE:VTR – Get Rating) will report sales of $1.04 billion for the current quarter, according to Zacks. Four analysts have provided estimates for Ventas’ earnings. The highest sales estimate is $1.12 billion and the lowest is $991.20 million. Ventas reported sales of $910.29 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 14.2%. The business is scheduled to report its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that Ventas will report full year sales of $4.23 billion for the current fiscal year, with estimates ranging from $4.14 billion to $4.41 billion. For the next financial year, analysts anticipate that the business will report sales of $4.51 billion, with estimates ranging from $4.39 billion to $4.66 billion. Zacks’ sales calculations are an average based on a survey of research firms that follow Ventas.

Ventas (NYSE:VTR – Get Rating) last issued its quarterly earnings data on Thursday, February 17th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). Ventas had a return on equity of 0.46% and a net margin of 1.28%. During the same quarter last year, the company posted $0.83 earnings per share.

A number of brokerages have weighed in on VTR. StockNews.com started coverage on shares of Ventas in a research report on Thursday, March 31st. They issued a “hold” rating for the company. BMO Capital Markets upgraded Ventas from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $57.00 to $67.00 in a research note on Friday, March 11th. Mizuho raised their target price on Ventas from $61.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, March 21st. Morgan Stanley raised their target price on Ventas from $56.50 to $61.50 in a research report on Thursday, March 17th. Finally, Credit Suisse Group started coverage on Ventas in a research report on Tuesday, February 1st. They issued a “neutral” rating and a $53.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ventas currently has an average rating of “Buy” and an average target price of $62.90.

In other Ventas news, CEO Debra A. Cafaro sold 34,800 shares of the firm’s stock in a transaction on Wednesday, March 2nd. The stock was sold at an average price of $55.97, for a total transaction of $1,947,756.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 69,602 shares of the firm’s stock in a transaction on Tuesday, March 29th. The stock was sold at an average price of $63.40, for a total value of $4,412,766.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 121,802 shares of company stock valued at $7,447,849. Insiders own 1.30% of the company’s stock.

A number of hedge funds have recently bought and sold shares of VTR. Colony Group LLC grew its stake in shares of Ventas by 3.1% in the third quarter. Colony Group LLC now owns 6,668 shares of the real estate investment trust’s stock valued at $368,000 after buying an additional 200 shares in the last quarter. North Star Investment Management Corp. grew its stake in shares of Ventas by 10.5% in the fourth quarter. North Star Investment Management Corp. now owns 2,097 shares of the real estate investment trust’s stock valued at $107,000 after buying an additional 200 shares in the last quarter. Allworth Financial LP grew its stake in shares of Ventas by 24.3% in the third quarter. Allworth Financial LP now owns 1,040 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 203 shares in the last quarter. We Are One Seven LLC grew its stake in shares of Ventas by 1.1% in the third quarter. We Are One Seven LLC now owns 18,719 shares of the real estate investment trust’s stock valued at $999,000 after buying an additional 203 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Ventas by 5.4% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,321 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 221 shares in the last quarter. 92.62% of the stock is owned by institutional investors.

Shares of Ventas stock opened at $61.21 on Thursday. The firm has a 50-day simple moving average of $57.07 and a two-hundred day simple moving average of $53.99. The company has a market cap of $24.46 billion, a P/E ratio of 437.25, a price-to-earnings-growth ratio of 3.31 and a beta of 1.17. Ventas has a fifty-two week low of $45.44 and a fifty-two week high of $64.02. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.61 and a current ratio of 0.61.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 14th. Investors of record on Friday, April 1st will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.94%. Ventas’s dividend payout ratio is presently 1,285.81%.

Ventas Company Profile (Get Rating)

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.

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