Q4 2024 EPS Estimates for Ventas, Inc. Boosted by Wedbush (NYSE:VTR)

Ventas, Inc. (NYSE:VTR) – Equities researchers at Wedbush boosted their Q4 2024 earnings per share (EPS) estimates for Ventas in a research note issued on Tuesday, September 10th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will post earnings of $0.87 per share for the quarter, up from their prior estimate of $0.81. Wedbush has a “Outperform” rating and a $71.00 price objective on the stock. The consensus estimate for Ventas’ current full-year earnings is $3.16 per share.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the company earned $0.75 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year.

Several other equities research analysts have also recently commented on the company. Evercore ISI lifted their target price on Ventas from $61.00 to $64.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Wells Fargo & Company lifted their price objective on Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 30th. Scotiabank upped their target price on shares of Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Royal Bank of Canada raised their price objective on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $56.91.

Ventas Stock Performance

Shares of Ventas stock opened at $65.33 on Wednesday. The firm has a 50 day simple moving average of $57.27 and a 200 day simple moving average of $49.99. Ventas has a fifty-two week low of $39.33 and a fifty-two week high of $65.44. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market cap of $26.44 billion, a P/E ratio of -343.84, a P/E/G ratio of 2.80 and a beta of 1.36.

Insider Buying and Selling

In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the sale, the chief executive officer now owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Robert F. Probst sold 20,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the sale, the chief financial officer now owns 156,403 shares in the company, valued at $9,207,444.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the sale, the chief executive officer now owns 104,295 shares in the company, valued at approximately $5,761,255.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Evoke Wealth LLC bought a new position in Ventas during the fourth quarter worth about $6,947,000. Wellington Management Group LLP lifted its position in shares of Ventas by 405.5% in the fourth quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock valued at $8,532,000 after buying an additional 137,327 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Ventas during the 1st quarter worth approximately $1,005,000. Nomura Holdings Inc. acquired a new position in shares of Ventas during the 4th quarter worth approximately $3,560,000. Finally, Centersquare Investment Management LLC raised its stake in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after acquiring an additional 802,546 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

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.