Ventas, Inc. (NYSE:VTR) – Investment analysts at Jefferies Financial Group dropped their Q3 2021 earnings estimates for shares of Ventas in a research note issued to investors on Thursday, September 16th. Jefferies Financial Group analyst J. Petersen now anticipates that the real estate investment trust will post earnings per share of $0.72 for the quarter, down from their previous forecast of $0.74. Jefferies Financial Group also issued estimates for Ventas’ Q4 2021 earnings at $0.75 EPS, FY2021 earnings at $2.92 EPS, Q1 2022 earnings at $0.74 EPS, Q4 2022 earnings at $0.83 EPS, FY2022 earnings at $3.16 EPS, Q2 2023 earnings at $0.82 EPS and FY2023 earnings at $3.34 EPS.
Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, August 6th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.01. The company had revenue of $919.20 million during the quarter, compared to the consensus estimate of $903.94 million. Ventas had a return on equity of 1.50% and a net margin of 4.15%. The firm’s revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.43) EPS.
VTR opened at $56.50 on Monday. The company has a market cap of $21.49 billion, a PE ratio of 141.25, a price-to-earnings-growth ratio of 5.02 and a beta of 1.26. The stock has a 50-day moving average of $57.42 and a 200-day moving average of $56.42. Ventas has a 52-week low of $37.83 and a 52-week high of $61.09. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.71 and a current ratio of 0.71.
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 14th. Stockholders of record on Friday, October 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, September 30th. Ventas’s dividend payout ratio (DPR) is currently 54.22%.
In related news, CEO Debra A. Cafaro sold 18,075 shares of the firm’s stock in a transaction on Wednesday, September 1st. The stock was sold at an average price of $56.63, for a total transaction of $1,023,587.25. Following the sale, the chief executive officer now owns 759,351 shares of the company’s stock, valued at approximately $43,002,047.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Debra A. Cafaro sold 18,076 shares of Ventas stock in a transaction dated Thursday, July 1st. The shares were sold at an average price of $56.62, for a total value of $1,023,463.12. Following the completion of the sale, the chief executive officer now directly owns 759,352 shares in the company, valued at approximately $42,994,510.24. The disclosure for this sale can be found here. In the last three months, insiders sold 54,226 shares of company stock worth $3,127,393. 1.30% of the stock is currently owned by company insiders.
A number of institutional investors have recently bought and sold shares of the stock. CX Institutional grew its holdings in Ventas by 26.9% during the second quarter. CX Institutional now owns 831 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 176 shares during the period. IndexIQ Advisors LLC grew its holdings in Ventas by 3.0% during the second quarter. IndexIQ Advisors LLC now owns 6,156 shares of the real estate investment trust’s stock worth $352,000 after purchasing an additional 178 shares during the period. Dupont Capital Management Corp grew its holdings in Ventas by 0.3% during the second quarter. Dupont Capital Management Corp now owns 71,089 shares of the real estate investment trust’s stock worth $4,059,000 after purchasing an additional 182 shares during the period. CIBC Asset Management Inc grew its holdings in Ventas by 0.6% during the second quarter. CIBC Asset Management Inc now owns 32,838 shares of the real estate investment trust’s stock worth $1,875,000 after purchasing an additional 195 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in Ventas by 17.7% during the second quarter. Lazard Asset Management LLC now owns 1,331 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 91.25% of the company’s stock.
Ventas Company Profile
Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations.
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