Jefferies Financial Group Brokers Raise Earnings Estimates for Ventas, Inc. (NYSE:VTR)

Ventas, Inc. (NYSE:VTRGet Rating) – Investment analysts at Jefferies Financial Group lifted their FY2022 EPS estimates for Ventas in a research report issued to clients and investors on Thursday, April 14th. Jefferies Financial Group analyst J. Petersen now anticipates that the real estate investment trust will post earnings per share of $2.99 for the year, up from their prior forecast of $2.98. Jefferies Financial Group also issued estimates for Ventas’ Q4 2022 earnings at $0.77 EPS, Q1 2023 earnings at $0.73 EPS, FY2023 earnings at $3.09 EPS and FY2024 earnings at $3.25 EPS.

A number of other research analysts have also recently commented on 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. Raymond James boosted their price target on Ventas from $60.00 to $67.00 and gave the stock a “strong-buy” rating in a research note on Friday, March 18th. Mizuho boosted their price target on Ventas from $61.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, March 21st. StockNews.com started coverage on Ventas in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and set a $65.00 price objective on the stock in a research note on Friday, March 11th. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Ventas currently has an average rating of “Buy” and a consensus price target of $62.90.

VTR stock opened at $60.67 on Friday. The stock has a 50-day moving average price of $57.29 and a two-hundred day moving average price of $54.03. Ventas has a 12-month low of $45.44 and a 12-month high of $64.02. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.10. The company has a market cap of $24.24 billion, a PE ratio of 433.39, a price-to-earnings-growth ratio of 3.30 and a beta of 1.17.

Ventas (NYSE:VTRGet Rating) last released its quarterly earnings results on Thursday, February 17th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate 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 period last year, the firm earned $0.83 earnings per share.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Friday, April 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Thursday, March 31st. Ventas’s dividend payout ratio (DPR) is presently 1,285.81%.

In related news, CEO Debra A. Cafaro sold 34,800 shares of the stock in a transaction that occurred on Wednesday, March 2nd. The stock was sold at an average price of $55.97, for a total value of $1,947,756.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 69,602 shares of the stock in a transaction that occurred 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. Insiders have sold 121,802 shares of company stock valued at $7,447,849 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

A number of hedge funds have recently modified their holdings of VTR. Morgan Stanley boosted its stake in Ventas by 34.9% during the 2nd quarter. Morgan Stanley now owns 2,668,444 shares of the real estate investment trust’s stock valued at $152,367,000 after purchasing an additional 691,046 shares in the last quarter. Bank of America Corp DE boosted its stake in Ventas by 3.4% during the 2nd quarter. Bank of America Corp DE now owns 1,530,976 shares of the real estate investment trust’s stock valued at $87,420,000 after purchasing an additional 49,901 shares in the last quarter. Spire Wealth Management boosted its stake in Ventas by 35.0% during the 3rd quarter. Spire Wealth Management now owns 3,083 shares of the real estate investment trust’s stock valued at $170,000 after purchasing an additional 800 shares in the last quarter. State of Michigan Retirement System lifted its position in shares of Ventas by 4.7% during the 3rd quarter. State of Michigan Retirement System now owns 98,714 shares of the real estate investment trust’s stock valued at $5,450,000 after acquiring an additional 4,400 shares during the last quarter. Finally, Advisors Management Group Inc. ADV lifted its holdings in shares of Ventas by 0.3% in the third quarter. Advisors Management Group Inc. ADV now owns 86,176 shares of the real estate investment trust’s stock valued at $4,758,000 after purchasing an additional 274 shares in the last quarter. 92.62% of the stock is owned by institutional investors and hedge funds.

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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Earnings History and Estimates for Ventas (NYSE:VTR)

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