Ventas, Inc. (NYSE:VTR) to Post FY2024 Earnings of $3.15 Per Share, Zacks Research Forecasts

Ventas, Inc. (NYSE:VTR) – Zacks Research reduced their FY2024 EPS estimates for shares of Ventas in a note issued to investors on Wednesday, May 22nd. Zacks Research analyst R. Fatarpekar now expects that the real estate investment trust will earn $3.15 per share for the year, down from their prior estimate of $3.17. The consensus estimate for Ventas’ current full-year earnings is $3.16 per share. Zacks Research also issued estimates for Ventas’ Q4 2024 earnings at $0.80 EPS, Q1 2025 earnings at $0.80 EPS, FY2025 earnings at $3.32 EPS and FY2026 earnings at $3.60 EPS.

A number of other research analysts have also commented on VTR. Wells Fargo & Company reiterated an “equal weight” rating and issued a $46.00 price target (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ventas in a research note on Tuesday, January 30th. They set a “buy” rating and a $60.00 price target for the company. Scotiabank raised their price target on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research note on Thursday, May 16th. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Monday, March 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.23.

Ventas Stock Down 2.6 %

Shares of VTR stock opened at $47.19 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s 50-day moving average is $44.65 and its 200-day moving average is $45.68. The stock has a market cap of $19.10 billion, a price-to-earnings ratio of -248.36, a PEG ratio of 2.51 and a beta of 1.25. Ventas has a 52-week low of $39.33 and a 52-week high of $50.99.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Monday, July 1st. Ventas’s payout ratio is -947.32%.

Insiders Place Their Bets

In other news, Director Walter C. Rakowich sold 2,145 shares of Ventas stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total transaction of $103,818.00. Following the completion of the transaction, the director now directly owns 26,031 shares in the company, valued at $1,259,900.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Walter C. Rakowich sold 2,145 shares of Ventas stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total transaction of $103,818.00. Following the completion of the transaction, the director now directly owns 26,031 shares in the company, valued at $1,259,900.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 14,625 shares of Ventas stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $47.70, for a total transaction of $697,612.50. Following the transaction, the chief accounting officer now owns 12,524 shares of the company’s stock, valued at $597,394.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,270 shares of company stock worth $1,672,966. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Swedbank AB bought a new position in shares of Ventas during the first quarter valued at about $19,551,000. Virtu Financial LLC bought a new position in shares of Ventas during the first quarter valued at about $627,000. Bluefin Capital Management LLC bought a new position in shares of Ventas during the first quarter valued at about $3,962,000. LBP AM SA bought a new position in shares of Ventas during the first quarter valued at about $6,401,000. Finally, Tidal Investments LLC lifted its position in shares of Ventas by 359.9% during the first quarter. Tidal Investments LLC now owns 33,355 shares of the real estate investment trust’s stock valued at $1,452,000 after purchasing an additional 26,102 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

About Ventas

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.