Ventas (NYSE:VTR) Posts Earnings Results, Beats Expectations By $0.83 EPS

Ventas (NYSE:VTR) announced its earnings results on Wednesday. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83, Zacks reports. Ventas had a negative return on equity of 0.69% and a negative net margin of 1.38%.

Ventas Stock Up 0.7 %

Shares of NYSE:VTR traded up $0.41 during midday trading on Wednesday, hitting $59.98. 3,215,639 shares of the stock were exchanged, compared to its average volume of 2,395,952. The company has a market capitalization of $25.16 billion, a PE ratio of -352.80, a P/E/G ratio of 2.62 and a beta of 1.37. The business’s fifty day simple moving average is $59.49 and its two-hundred day simple moving average is $61.41. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 3.00%. Ventas’s dividend payout ratio is presently -1,058.76%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VTR shares. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Wedbush reissued an “outperform” rating and set a $75.00 price target on shares of Ventas in a report on Thursday, December 19th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the company from $66.00 to $65.00 in a research report on Friday, January 17th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Finally, Mizuho decreased their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $68.71.

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.