Wedbush Issues Optimistic Outlook for Ventas Earnings

Ventas, Inc. (NYSE:VTR) – Research analysts at Wedbush lifted their Q4 2024 EPS estimates for shares of Ventas in a report issued on Tuesday, December 3rd. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $0.82 per share for the quarter, up from their prior estimate of $0.81. Wedbush has a “Outperform” rating and a $75.00 price target on the stock. The consensus estimate for Ventas’ current full-year earnings is $3.17 per share. Wedbush also issued estimates for Ventas’ FY2025 earnings at $3.37 EPS.

A number of other research analysts have also recently commented on VTR. Scotiabank boosted their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Mizuho reduced their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday. Evercore ISI increased their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $65.63.

Ventas Price Performance

Ventas stock opened at $61.65 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $25.86 billion, a P/E ratio of -362.62, a PEG ratio of 2.90 and a beta of 1.36. The firm has a fifty day moving average of $64.02 and a 200-day moving average of $58.38. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Community Trust NA acquired a new stake in Ventas in the second quarter worth $25,000. ORG Partners LLC acquired a new stake in shares of Ventas in the 2nd quarter worth about $27,000. Global X Japan Co. Ltd. acquired a new position in Ventas during the 3rd quarter valued at about $48,000. EdgeRock Capital LLC bought a new position in Ventas in the 2nd quarter worth about $41,000. Finally, Friedenthal Financial acquired a new stake in shares of Ventas in the second quarter valued at approximately $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This represents a 0.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the transaction, the chief executive officer now owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 133,252 shares of company stock valued at $8,809,845. Insiders own 1.00% of the company’s stock.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.92%. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

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.