Ventas, Inc. (VTR) Receives $55.33 Consensus Target Price from Analysts
Ventas, Inc. (NYSE:VTR) has earned an average recommendation of “Hold” from the twenty research firms that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $55.33.
Several brokerages have recently commented on VTR. SunTrust Banks reaffirmed a “hold” rating and issued a $58.00 price target on shares of Ventas in a research note on Tuesday, July 31st. ValuEngine lowered Ventas from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Royal Bank of Canada set a $61.00 price target on Ventas and gave the company a “buy” rating in a research note on Tuesday, July 31st. Hilliard Lyons raised Ventas from a “neutral” rating to a “buy” rating in a research note on Friday, April 27th. Finally, Evercore ISI lowered Ventas from an “in-line” rating to an “underperform” rating in a research note on Monday, May 21st.
In related news, Chairman Debra A. Cafaro sold 15,505 shares of the business’s stock in a transaction on Friday, June 1st. The stock was sold at an average price of $55.00, for a total value of $852,775.00. Following the sale, the chairman now owns 759,672 shares in the company, valued at approximately $41,781,960. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Debra A. Cafaro sold 30,942 shares of the business’s stock in a transaction on Tuesday, July 3rd. The shares were sold at an average price of $58.00, for a total value of $1,794,636.00. Following the completion of the sale, the chairman now owns 775,109 shares in the company, valued at approximately $44,956,322. The disclosure for this sale can be found here. Insiders sold a total of 61,886 shares of company stock worth $3,496,556 in the last quarter. Company insiders own 1.40% of the company’s stock.
Shares of Ventas stock traded down $0.49 during trading hours on Wednesday, hitting $58.72. The company’s stock had a trading volume of 2,265,612 shares, compared to its average volume of 2,108,975. Ventas has a twelve month low of $46.55 and a twelve month high of $69.92. The firm has a market cap of $21.10 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.88 and a beta of 0.14. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.97.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, July 27th. The real estate investment trust reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.06. Ventas had a return on equity of 5.02% and a net margin of 34.00%. The business had revenue of $942.30 million for the quarter, compared to analyst estimates of $919.95 million. During the same quarter in the prior year, the company posted $0.42 EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. equities analysts expect that Ventas will post 4.04 earnings per share for the current year.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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