Ventas (NYSE:VTR) Releases Q2 2022 Earnings Guidance

Ventas (NYSE:VTRGet Rating) issued an update on its second quarter 2022 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.69-$0.73 for the period. The company issued revenue guidance of -.

NYSE VTR traded up $0.25 during trading hours on Monday, reaching $55.26. 28,729 shares of the stock traded hands, compared to its average volume of 2,416,420. The stock has a 50 day simple moving average of $59.17 and a two-hundred day simple moving average of $54.29. Ventas has a 1 year low of $45.44 and a 1 year high of $64.02. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.62 and a quick ratio of 0.61. The company has a market cap of $22.09 billion, a price-to-earnings ratio of 141.05, a price-to-earnings-growth ratio of 2.98 and a beta of 1.16.

Ventas (NYSE:VTRGet Rating) last posted its earnings results on Thursday, February 17th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.07). Ventas had a return on equity of 1.35% and a net margin of 3.68%. During the same period in the prior year, the firm earned $0.83 earnings per share. On average, sell-side analysts forecast that Ventas will post 3.06 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Friday, April 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 31st. This represents a $1.80 annualized dividend and a yield of 3.26%. Ventas’s payout ratio is 461.55%.

Several analysts have weighed in on the company. BMO Capital Markets raised Ventas from a market perform rating to an outperform rating and lifted their price objective for the company from $57.00 to $67.00 in a research report on Friday, March 11th. Mizuho lifted their target price on shares of Ventas from $61.00 to $65.00 and gave the company a buy rating in a report on Monday, March 21st. Raymond James lifted their target price on shares of Ventas from $60.00 to $67.00 and gave the company a strong-buy rating in a report on Friday, March 18th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Ventas from $64.00 to $67.00 in a report on Wednesday, April 27th. Finally, Morgan Stanley boosted their price objective on shares of Ventas from $56.50 to $61.50 in a report on Thursday, March 17th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ventas has an average rating of Buy and an average price target of $63.58.

In other news, CEO Debra A. Cafaro sold 34,800 shares of the company’s stock in a transaction dated Wednesday, March 2nd. The shares were sold at an average price of $55.97, for a total transaction of $1,947,756.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Debra A. Cafaro sold 69,602 shares of the stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $63.40, for a total transaction of $4,412,766.80. The disclosure for this sale can be found here. Insiders have sold a total of 121,802 shares of company stock valued at $7,447,849 in the last three months. Insiders own 1.30% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Ventas by 3.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,993,090 shares of the real estate investment trust’s stock worth $246,613,000 after buying an additional 131,839 shares during the last quarter. Prudential Financial Inc. raised its holdings in shares of Ventas by 5.1% in the first quarter. Prudential Financial Inc. now owns 731,480 shares of the real estate investment trust’s stock worth $45,176,000 after buying an additional 35,219 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Ventas by 60.6% in the fourth quarter. Allianz Asset Management GmbH now owns 725,811 shares of the real estate investment trust’s stock worth $37,103,000 after buying an additional 274,002 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of Ventas by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 697,982 shares of the real estate investment trust’s stock worth $35,681,000 after buying an additional 13,223 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of Ventas by 4,841.4% in the first quarter. Mariner LLC now owns 644,707 shares of the real estate investment trust’s stock worth $39,818,000 after buying an additional 631,660 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

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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