Research Analysts Set Expectations for Ventas Q4 Earnings

Ventas, Inc. (NYSE:VTR - Free Report) - Wedbush raised their Q4 2024 earnings per share estimates for Ventas in a report released on Tuesday, December 3rd. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $0.82 per share for the quarter, up from their prior estimate of $0.81. Wedbush has a "Outperform" rating and a $75.00 price objective on the stock. The consensus estimate for Ventas' current full-year earnings is $3.16 per share. Wedbush also issued estimates for Ventas' FY2025 earnings at $3.37 EPS.

VTR has been the subject of several other reports. Royal Bank of Canada lifted their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a report on Friday, August 9th. Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Finally, Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Friday, October 11th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $65.63.

Ventas Price Performance

Shares of VTR traded down $0.48 during trading hours on Friday, hitting $61.65. The company had a trading volume of 2,004,671 shares, compared to its average volume of 2,448,347. The firm has a fifty day moving average price of $64.02 and a 200-day moving average price of $58.38. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Institutional Trading of Ventas

Several hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Ventas by 862.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust's stock valued at $252,160,000 after purchasing an additional 3,523,594 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the period. ANTIPODES PARTNERS Ltd purchased a new position in shares of Ventas in the second quarter valued at about $73,517,000. FMR LLC lifted its position in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust's stock valued at $1,498,385,000 after acquiring an additional 982,795 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI boosted its stake in shares of Ventas by 217.4% in the second quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust's stock worth $43,905,000 after acquiring an additional 586,676 shares during the period. Institutional investors own 94.18% of the company's stock.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 6,004 shares of the company's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,231,860.87. This represents a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 133,252 shares of company stock valued at $8,809,845. Insiders own 1.00% of the company's stock.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's dividend payout ratio is -1,058.76%.

Ventas Company Profile

Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.