Ventas (VTR) Set to Announce Earnings on Thursday

Ventas (NYSE:VTR) will issue its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Ventas Price Performance

NYSE VTR opened at $54.86 on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63. Ventas has a one year low of $39.33 and a one year high of $55.15. The firm’s fifty day moving average is $50.99 and its two-hundred day moving average is $47.02.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Monday, July 1st were paid a $0.45 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.28%. Ventas’s dividend payout ratio is presently -947.32%.

Insider Buying and Selling

In related news, CFO Robert F. Probst sold 18,500 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total transaction of $871,535.00. Following the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at $8,310,345.33. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Peter J. Bulgarelli 668 shares of the company’s stock in a transaction on Tuesday, July 30th. The was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Robert F. Probst sold 18,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total transaction of $871,535.00. Following the completion of the sale, the chief financial officer now directly owns 176,403 shares in the company, valued at approximately $8,310,345.33. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,270 shares of company stock valued at $1,672,966. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

VTR has been the topic of a number of recent research reports. Wells Fargo & Company lifted their price objective on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Evercore ISI lifted their price objective on shares of Ventas from $53.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Scotiabank lifted their target price on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $51.92.

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.