Ventas, Inc. Expected to Post Q4 2017 Earnings of $1.03 Per Share (VTR)

Ventas, Inc. (NYSE:VTR) – Research analysts at Jefferies Group reduced their Q4 2017 earnings per share estimates for shares of Ventas in a report released on Tuesday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings of $1.03 per share for the quarter, down from their previous forecast of $1.04.

Ventas (NYSE:VTR) last released 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 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 company had revenue of $899.90 million during the quarter, compared to analyst estimates of $893.18 million. During the same quarter in the prior year, the company earned $1.03 EPS. The business’s revenue was up 3.8% on a year-over-year basis.

Several other research firms also recently issued reports on VTR. Bank of America downgraded shares of Ventas from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. Capital One Financial assumed coverage on shares of Ventas in a report on Monday, September 25th. They issued an “equal weight” rating and a $69.00 target price for the company. UBS Group dropped their target price on shares of Ventas from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. Zacks Investment Research cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Finally, Raymond James Financial reaffirmed an “underperform” rating on shares of Ventas in a report on Monday, December 4th. Eight equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $63.00.

Ventas (NYSE:VTR) opened at $54.98 on Thursday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas has a 12 month low of $54.30 and a 12 month high of $72.36. The stock has a market cap of $19,418.05, a price-to-earnings ratio of 16.87, a price-to-earnings-growth ratio of 3.66 and a beta of 0.09.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Tuesday, January 2nd were given a $0.79 dividend. The ex-dividend date was Friday, December 29th. This is a positive change from Ventas’s previous quarterly dividend of $0.78. This represents a $3.16 annualized dividend and a dividend yield of 5.75%. Ventas’s dividend payout ratio is currently 96.93%.

Several hedge funds have recently added to or reduced their stakes in the company. APG Asset Management US Inc. grew its position in shares of Ventas by 1.6% in the third quarter. APG Asset Management US Inc. now owns 14,517,063 shares of the real estate investment trust’s stock valued at $945,496,000 after purchasing an additional 228,800 shares during the last quarter. Cohen & Steers Inc. grew its position in shares of Ventas by 8.6% in the third quarter. Cohen & Steers Inc. now owns 6,895,293 shares of the real estate investment trust’s stock valued at $449,090,000 after purchasing an additional 545,504 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of Ventas by 7.3% in the third quarter. Daiwa Securities Group Inc. now owns 5,247,318 shares of the real estate investment trust’s stock valued at $341,758,000 after purchasing an additional 357,605 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Ventas by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 5,022,210 shares of the real estate investment trust’s stock valued at $327,098,000 after purchasing an additional 98,083 shares during the last quarter. Finally, Capital International Investors grew its position in shares of Ventas by 40.9% in the third quarter. Capital International Investors now owns 4,141,700 shares of the real estate investment trust’s stock valued at $269,749,000 after purchasing an additional 1,202,900 shares during the last quarter. Institutional investors and hedge funds own 90.10% of the company’s stock.

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About Ventas

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.

Earnings History and Estimates for Ventas (NYSE:VTR)

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