Q2 2018 EPS Estimates for Ventas, Inc. (VTR) Reduced by Analyst
Ventas, Inc. (NYSE:VTR) – Equities research analysts at Capital One Financial Corporation dropped their Q2 2018 earnings per share estimates for shares of Ventas in a research note issued on Sunday. Capital One Financial Corporation analyst D. Bernstein now forecasts that the real estate investment trust will post earnings of $1.05 per share for the quarter, down from their previous forecast of $1.06. Capital One Financial Corporation has a “Overweight” rating on the stock. Capital One Financial Corporation also issued estimates for Ventas’ FY2018 earnings at $4.20 EPS, Q2 2019 earnings at $1.12 EPS, Q3 2019 earnings at $1.12 EPS and FY2019 earnings at $4.47 EPS.
Several other analysts have also issued reports on the stock. SunTrust Banks, Inc. set a $67.00 price target on shares of Ventas and gave the company a “hold” rating in a research report on Sunday. BMO Capital Markets set a $62.00 price target on shares of Ventas and gave the company a “sell” rating in a research report on Friday. UBS AG cut their price target on shares of Ventas from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. Bank of America Corporation lowered shares of Ventas from a “buy” rating to a “neutral” rating and cut their price target for the company from $72.00 to $71.00 in a research report on Friday, September 22nd. Finally, KeyCorp restated a “sell” rating and set a $55.00 price target on shares of Ventas in a research report on Sunday, September 17th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $64.20.
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Shares of Ventas (NYSE VTR) traded down 1.23% on Tuesday, reaching $62.47. The company had a trading volume of 980,467 shares. The company has a market capitalization of $22.25 billion, a PE ratio of 31.65 and a beta of 0.09. The company’s 50-day moving average is $64.83 and its 200-day moving average is $66.52. Ventas has a one year low of $56.20 and a one year high of $72.36.
Ventas (NYSE:VTR) last announced its earnings results on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.60). The company had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. Ventas had a return on equity of 6.34% and a net margin of 32.96%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 earnings per share.
Large investors have recently modified their holdings of the company. Cribstone Capital Management LLC raised its stake in shares of Ventas by 1.5% during the second quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock valued at $134,000 after acquiring an additional 28 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Ventas by 48.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 650 shares during the last quarter. Cable Hill Partners LLC bought a new position in shares of Ventas during the third quarter valued at about $174,000. Northern Capital Management LLC bought a new position in shares of Ventas during the second quarter valued at about $202,000. Finally, Honkamp Krueger Financial Services Inc. bought a new position in shares of Ventas during the second quarter valued at about $203,000. 89.18% of the stock is owned by hedge funds and other institutional investors.
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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