Ventas, Inc. (NYSE:VTR) Stock Has Consensus Price Target of $99.41 According to Brokerages

Shares of Ventas, Inc. (NYSE:VTR) have received an average recommendation of “Moderate Buy” from the twenty-one research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $99.41.

VTR has been the subject of several recent analyst reports. Mizuho raised their price objective on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Citigroup lifted their price objective on shares of Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Scotiabank boosted their target price on shares of Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a research report on Wednesday, September 2nd. BMO Capital Markets increased their target price on shares of Ventas from $105.00 to $107.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Finally, The Goldman Sachs Group raised their price target on shares of Ventas from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 24th.

Institutional Investors Weigh In On Ventas

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Ventas during the second quarter valued at approximately $4,953,439,000. Dimensional Fund Advisors LP raised its position in Ventas by 3.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,190,594 shares of the real estate investment trust’s stock valued at $588,045,000 after buying an additional 253,019 shares during the last quarter. Legal & General Group Plc bought a new position in Ventas during the 2nd quarter valued at $501,850,000. Deutsche Bank AG bought a new position in Ventas during the 2nd quarter valued at $451,822,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Ventas by 5.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,981,404 shares of the real estate investment trust’s stock valued at $442,349,000 after purchasing an additional 258,859 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of NYSE:VTR opened at $90.29 on Friday. Ventas has a 1 year low of $73.82 and a 1 year high of $101.60. The stock has a market capitalization of $47.75 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.43 and a quick ratio of 0.43. The company’s 50 day simple moving average is $86.55 and its 200 day simple moving average is $86.83.

Ventas (NYSE:VTR) last released its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.85). Ventas had a net margin of 3.86% and a return on equity of 1.86%. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the firm earned $0.88 EPS. The business’s revenue was up 23.0% on a year-over-year basis. As a group, research analysts predict that Ventas will post 3.89 EPS for the current fiscal year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 2.3%. Ventas’s dividend payout ratio is currently 392.45%.

About Ventas

Ventas, Inc. is a real estate investment trust focused on properties and services that support the health care and senior living sectors. Its portfolio includes senior housing communities, outpatient medical buildings, and research and life science facilities. The company owns and invests in properties across the United States, Canada, and the United Kingdom. Many of its communities and facilities are operated by health care and senior living providers, while Ventas provides real estate capital and asset management.