Ventas (VTR) Set to Announce Earnings on Thursday

Ventas (NYSE:VTR) will be announcing its earnings results after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Ventas Price Performance

Shares of VTR opened at $54.86 on Wednesday. The company’s 50 day moving average price is $50.99 and its 200 day moving average price is $47.02. Ventas has a 52 week low of $39.33 and a 52 week high of $55.15. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Monday, July 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend was Monday, July 1st. Ventas’s payout ratio is presently -947.32%.

Insider Buying and Selling at Ventas

In other news, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the sale, the chief accounting officer now owns 12,524 shares of the company’s stock, valued at approximately $597,394.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Robert F. Probst sold 18,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total value of $871,535.00. Following the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at approximately $8,310,345.33. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares in the company, valued at approximately $597,394.80. The disclosure for this sale can be found here. Insiders have sold 35,270 shares of company stock valued at $1,672,966 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Evercore ISI lifted their target price on shares of Ventas from $53.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Scotiabank boosted their price objective on shares of Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 16th. Wells Fargo & Company upped their target price on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and an average price target of $51.92.

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.