Ventas, Inc. (NYSE:VTR) Stock Has Consensus Price Target of $99.41

Ventas, Inc. (NYSE:VTR) has received an average recommendation of “Moderate Buy” from the twenty-one analysts that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $99.68.

VTR has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Ventas from $94.00 to $104.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Cantor Fitzgerald cut their price target on shares of Ventas from $102.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Evercore set a $100.00 price objective on shares of Ventas and gave the company an “outperform” rating in a research note on Monday, September 21st. UBS Group raised their price objective on shares of Ventas from $90.00 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Mizuho boosted their price objective on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd.

Ventas Price Performance

Shares of Ventas stock traded down $0.71 during trading on Friday, reaching $88.94. The company’s stock had a trading volume of 2,226,914 shares, compared to its average volume of 3,550,009. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.78. Ventas has a 12-month low of $73.82 and a 12-month high of $101.60. The company has a market capitalization of $47.03 billion, a P/E ratio of 167.81, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. The business has a 50 day moving average price of $86.40 and a 200-day moving average price of $87.03.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.85). The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. Ventas had a return on equity of 1.86% and a net margin of 3.86%. The company’s revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.88 EPS. As a group, sell-side analysts anticipate that Ventas will post 3.89 EPS for the current year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a yield of 2.3%. Ventas’s dividend payout ratio (DPR) is 392.45%.

Institutional Investors Weigh In On Ventas

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Ventas in the 2nd quarter worth approximately $4,953,439,000. Dimensional Fund Advisors LP raised its holdings in Ventas by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 7,190,594 shares of the real estate investment trust’s stock worth $588,045,000 after purchasing an additional 253,019 shares during the last quarter. Legal & General Group Plc purchased a new stake in Ventas during the second quarter worth $501,850,000. Deutsche Bank AG purchased a new stake in Ventas during the second quarter worth $451,822,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Ventas by 5.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,981,404 shares of the real estate investment trust’s stock worth $442,349,000 after purchasing an additional 258,859 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Company Profile

Ventas, Inc. is a real estate investment trust focused on properties and services that support the health care and senior living sectors. Its portfolio includes senior housing communities, outpatient medical buildings, and research and life science facilities. The company owns and invests in properties across the United States, Canada, and the United Kingdom. Many of its communities and facilities are operated by health care and senior living providers, while Ventas provides real estate capital and asset management.