Ventas (NYSE:VTR) – Equities researchers at KeyCorp decreased their FY2018 earnings per share estimates for shares of Ventas in a report released on Monday, April 16th. KeyCorp analyst J. Sadler now expects that the real estate investment trust will earn $3.83 per share for the year, down from their previous forecast of $4.14. KeyCorp currently has a “Underweight” rating and a $43.00 target price on the stock. KeyCorp also issued estimates for Ventas’ FY2019 earnings at $4.12 EPS.
Ventas (NYSE:VTR) last posted its earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share for the quarter, hitting the consensus estimate of $1.03. The firm had revenue of $895.30 million during the quarter, compared to the consensus estimate of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company earned $0.58 earnings per share.
Shares of NYSE:VTR opened at $47.80 on Wednesday. The company has a market cap of $17,396.12, a P/E ratio of 11.49, a PEG ratio of 3.18 and a beta of 0.09. Ventas has a 12 month low of $47.49 and a 12 month high of $72.36. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd were paid a $0.79 dividend. The ex-dividend date was Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a yield of 6.61%. Ventas’s dividend payout ratio is presently 75.96%.
Hedge funds have recently added to or reduced their stakes in the business. Certified Advisory Corp purchased a new position in Ventas in the 4th quarter worth approximately $102,000. Valeo Financial Advisors LLC grew its stake in Ventas by 1,945.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,841 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 1,751 shares in the last quarter. Aevitas Wealth Management Inc. purchased a new position in Ventas in the 4th quarter worth approximately $114,000. Icon Wealth Partners LLC purchased a new position in Ventas in the 4th quarter worth approximately $114,000. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC purchased a new position in Ventas in the 4th quarter worth approximately $116,000. 88.81% of the stock is owned by institutional investors and hedge funds.
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Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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