Ventas, Inc. (VTR) Expected to Announce Earnings of $1.03 Per Share
Equities research analysts expect Ventas, Inc. (NYSE:VTR) to post earnings per share (EPS) of $1.03 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Ventas’ earnings. The lowest EPS estimate is $1.02 and the highest is $1.04. Ventas reported earnings per share of $0.58 in the same quarter last year, which suggests a positive year over year growth rate of 77.6%. The firm is expected to announce its next earnings results on Friday, February 9th.
On average, analysts expect that Ventas will report full-year earnings of $4.15 per share for the current financial year, with EPS estimates ranging from $4.14 to $4.17. For the next year, analysts expect that the firm will post earnings of $4.24 per share, with EPS estimates ranging from $4.18 to $4.36. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Ventas.
Ventas (NYSE:VTR) last announced its quarterly earnings data 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). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The firm had revenue of $899.90 million for the quarter, compared to analyst estimates of $893.18 million. During the same quarter in the previous year, the company earned $1.03 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year.
A number of hedge funds have recently modified their holdings of VTR. Public Employees Retirement System of Ohio lifted its position in Ventas by 0.7% in the third quarter. Public Employees Retirement System of Ohio now owns 571,645 shares of the real estate investment trust’s stock worth $37,231,000 after purchasing an additional 4,092 shares during the period. Garde Capital Inc. acquired a new stake in shares of Ventas during the 3rd quarter valued at $530,000. Davis Selected Advisers lifted its position in shares of Ventas by 52.9% during the 3rd quarter. Davis Selected Advisers now owns 138,212 shares of the real estate investment trust’s stock valued at $9,002,000 after acquiring an additional 47,790 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in shares of Ventas during the 3rd quarter valued at $699,000. Finally, IFM Investors Pty Ltd acquired a new stake in shares of Ventas during the 3rd quarter valued at $647,000. 90.39% of the stock is owned by institutional investors and hedge funds.
Shares of Ventas (NYSE VTR) opened at $63.87 on Thursday. Ventas has a one year low of $58.96 and a one year high of $72.36. The stock has a market capitalization of $22,930.00, a P/E ratio of 15.19, a price-to-earnings-growth ratio of 4.08 and a beta of 0.09. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Tuesday, January 2nd will be issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 4.95%. This is a positive change from Ventas’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend is Friday, December 29th. Ventas’s dividend payout ratio is 184.52%.
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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