Ventas (NYSE:VTR) Price Target Raised to $80.00 at Scotiabank

Ventas (NYSE:VTR) had its price objective increased by equities research analysts at Scotiabank from $74.00 to $80.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target suggests a potential upside of 3.57% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. UBS Group began coverage on shares of Ventas in a research note on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective for the company. Argus reissued a “buy” rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. Morgan Stanley boosted their price target on shares of Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a report on Friday, August 15th. Finally, Wells Fargo & Company upped their price target on Ventas from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Ventas Stock Performance

Shares of NYSE:VTR traded up $0.35 during trading on Thursday, hitting $77.25. 1,201,726 shares of the company traded hands, compared to its average volume of 2,994,578. The stock has a market capitalization of $36.28 billion, a price-to-earnings ratio of 148.52, a PEG ratio of 2.36 and a beta of 0.88. Ventas has a one year low of $56.68 and a one year high of $77.53. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The business’s fifty day moving average is $70.27 and its 200-day moving average is $67.20.

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

Insiders Place Their Bets

In related news, CEO Peter J. Bulgarelli sold 3,924 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total transaction of $294,300.00. Following the transaction, the chief executive officer directly owned 112,564 shares in the company, valued at $8,442,300. The trade was a 3.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Debra A. Cafaro sold 317,258 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $74.24, for a total value of $23,553,233.92. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $85,056,396.80. This represents a 21.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 619,027 shares of company stock worth $45,212,873 over the last quarter. 0.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ventas

Large investors have recently modified their holdings of the stock. Ethic Inc. increased its position in Ventas by 27.9% in the first quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock worth $4,624,000 after purchasing an additional 14,568 shares during the period. Nicola Wealth Management LTD. bought a new stake in shares of Ventas during the first quarter worth approximately $1,169,000. Cbre Investment Management Listed Real Assets LLC lifted its holdings in Ventas by 25.7% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock valued at $25,921,000 after buying an additional 77,066 shares during the period. Diamond Hill Capital Management Inc. bought a new position in Ventas in the first quarter valued at approximately $13,321,000. Finally, Nordea Investment Management AB grew its holdings in Ventas by 1,042.6% during the 2nd quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock worth $24,064,000 after acquiring an additional 353,022 shares during the period. 94.18% of the stock is currently owned by institutional investors.

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.