Ventas, Inc. (NYSE:VTR) Receives $75.46 Consensus Price Target from Brokerages

Ventas, Inc. (NYSE:VTR) has been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $76.0769.

Several analysts have commented on the stock. UBS Group assumed coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price for the company. Raymond James Financial reiterated an “outperform” rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Wells Fargo & Company upped their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. JPMorgan Chase & Co. boosted their price target on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a report on Tuesday, August 26th. Finally, Evercore ISI boosted their price target on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a report on Monday, September 15th.

Ventas Stock Performance

Shares of Ventas stock opened at $73.97 on Wednesday. The firm has a fifty day moving average of $69.03 and a two-hundred day moving average of $66.77. The stock has a market capitalization of $33.62 billion, a price-to-earnings ratio of 142.25, a PEG ratio of 2.36 and a beta of 0.89. Ventas has a 52 week low of $56.68 and a 52 week high of $74.71. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.87 by $0.01. The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The business’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, equities research analysts predict that Ventas will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were issued a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. Ventas’s payout ratio is 369.23%.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 219,515 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $71.32, for a total value of $15,655,809.80. Following the completion of the transaction, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $81,710,967.40. The trade was a 16.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,554 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total transaction of $179,444.04. Following the completion of the transaction, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at $8,184,446.88. This trade represents a 2.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 245,159 shares of company stock valued at $17,431,302 in the last three months. 0.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ventas

Several institutional investors and hedge funds have recently made changes to their positions in VTR. Vanguard Group Inc. boosted its stake in Ventas by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 71,796,312 shares of the real estate investment trust’s stock worth $4,533,937,000 after purchasing an additional 2,854,751 shares during the period. JPMorgan Chase & Co. boosted its stake in Ventas by 9.5% in the 1st quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock worth $2,224,203,000 after purchasing an additional 2,811,241 shares during the period. State Street Corp boosted its stake in Ventas by 5.2% in the 2nd quarter. State Street Corp now owns 27,998,629 shares of the real estate investment trust’s stock worth $1,781,267,000 after purchasing an additional 1,388,678 shares during the period. Geode Capital Management LLC boosted its stake in Ventas by 4.9% in the 2nd quarter. Geode Capital Management LLC now owns 12,226,283 shares of the real estate investment trust’s stock worth $769,061,000 after purchasing an additional 574,663 shares during the period. Finally, Resolution Capital Ltd boosted its stake in Ventas by 10.5% in the 1st quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust’s stock worth $542,506,000 after purchasing an additional 751,587 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

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.