Ventas, Inc. (NYSE:VTR – Get Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $88.41 and last traded at $87.47, with a volume of 799307 shares. The stock had previously closed at $87.37.
Wall Street Analyst Weigh In
A number of analysts have weighed in on VTR shares. Argus set a $88.00 target price on Ventas in a report on Tuesday, February 10th. Mizuho upped their target price on Ventas from $87.00 to $94.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. UBS Group restated a “neutral” rating and set a $85.00 target price on shares of Ventas in a report on Monday, February 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Ventas in a report on Friday, March 27th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $93.00 target price on shares of Ventas in a report on Monday, February 9th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ventas has a consensus rating of “Moderate Buy” and a consensus price target of $91.73.
Check Out Our Latest Analysis on VTR
Ventas Stock Performance
Ventas (NYSE:VTR – Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. Ventas had a return on equity of 2.09% and a net margin of 4.25%.The business’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 earnings per share. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.85 earnings per share for the current year.
Ventas Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 16th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is a boost from Ventas’s previous quarterly dividend of $0.48. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. Ventas’s payout ratio is currently 378.18%.
Insiders Place Their Bets
In other news, CEO Debra A. Cafaro sold 10,322 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $77.66, for a total transaction of $801,606.52. Following the transaction, the chief executive officer directly owned 1,114,034 shares of the company’s stock, valued at approximately $86,515,880.44. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Carey S. Roberts sold 35,532 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $85.00, for a total value of $3,020,220.00. Following the completion of the transaction, the executive vice president directly owned 72,755 shares in the company, valued at approximately $6,184,175. The trade was a 32.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.53% of the company’s stock.
Hedge Funds Weigh In On Ventas
Several hedge funds have recently made changes to their positions in VTR. Cloud Capital Management LLC acquired a new position in shares of Ventas in the 3rd quarter valued at $25,000. GoalVest Advisory LLC purchased a new stake in Ventas in the fourth quarter valued at $26,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the third quarter valued at $27,000. True Wealth Design LLC boosted its holdings in Ventas by 1,557.7% in the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 405 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new stake in Ventas in the fourth quarter valued at $30,000. 94.18% of the stock is owned by institutional investors and hedge funds.
About Ventas
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
Further Reading
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