Ventas, Inc. (NYSE:VTR) – Equities researchers at Jefferies Financial Group lowered their Q1 2020 earnings per share (EPS) estimates for shares of Ventas in a research report issued on Tuesday, March 10th. Jefferies Financial Group analyst J. Petersen now expects that the real estate investment trust will post earnings of $0.87 per share for the quarter, down from their prior forecast of $0.92. Jefferies Financial Group has a “Underperform” rating on the stock. Jefferies Financial Group also issued estimates for Ventas’ Q2 2020 earnings at $0.86 EPS, Q3 2020 earnings at $0.86 EPS, Q4 2020 earnings at $0.82 EPS, FY2020 earnings at $3.41 EPS and FY2021 earnings at $3.28 EPS.
Other equities research analysts have also recently issued research reports about the stock. KeyCorp cut their price objective on shares of Ventas from $55.00 to $50.00 and set an “underweight” rating for the company in a research report on Tuesday, December 17th. Raymond James raised shares of Ventas from an “underperform” rating to a “market perform” rating in a research report on Friday, February 28th. Morgan Stanley cut their price objective on shares of Ventas from $67.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 18th. TheStreet cut shares of Ventas from a “b-” rating to a “c+” rating in a report on Friday, November 15th. Finally, Wells Fargo & Co cut shares of Ventas from a “market perform” rating to an “underperform” rating and set a $56.00 target price for the company. in a report on Tuesday, December 10th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has issued a buy rating to the company’s stock. Ventas presently has an average rating of “Hold” and a consensus target price of $64.78.
VTR opened at $33.33 on Thursday. Ventas has a twelve month low of $25.90 and a twelve month high of $75.40. The company has a 50-day simple moving average of $56.14 and a 200 day simple moving average of $62.36. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 28.01, a P/E/G ratio of 3.48 and a beta of 0.31.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.89). Ventas had a return on equity of 4.08% and a net margin of 11.18%. The firm had revenue of $996.00 million for the quarter, compared to the consensus estimate of $977.88 million. During the same period in the prior year, the company earned $0.96 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year.
Hedge funds have recently bought and sold shares of the company. State Street Corp increased its stake in shares of Ventas by 2.9% in the third quarter. State Street Corp now owns 27,005,959 shares of the real estate investment trust’s stock valued at $1,993,430,000 after buying an additional 748,756 shares during the period. Geode Capital Management LLC increased its stake in shares of Ventas by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 7,525,289 shares of the real estate investment trust’s stock valued at $433,824,000 after buying an additional 201,490 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Ventas by 13.8% in the fourth quarter. Bank of New York Mellon Corp now owns 7,076,648 shares of the real estate investment trust’s stock valued at $408,606,000 after buying an additional 860,080 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Ventas by 3.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,900,683 shares of the real estate investment trust’s stock valued at $282,966,000 after buying an additional 172,954 shares during the period. Finally, Norges Bank acquired a new position in shares of Ventas in the fourth quarter valued at approximately $226,577,000. 88.80% of the stock is owned by hedge funds and other institutional investors.
About Ventas
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.
