Stocks of Ventas Inc. (NYSE:VTR) traded higher last session on Wall Street, down -0.12% to $42.81.
According to the data, Ventas Inc. (NYSE:VTR) has 21 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $80.00 and a low of $45.00, we find $52.00. Given the previous closing price of $42.86, this indicates a potential upside of 21.33 percent. VTR stock price is now -4.72% away from the 50-day moving average and -6.23% away from the 200-day moving average. The market capitalization of the company currently stands at $17.23B.
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A total of 7 analysts have issued a hold rating and 11 have given it a buy rating. Brokers who have rated the stock have averaged $53.41 as their price target over the next twelve months.
In other news, CAFARO DEBRA A, Chairman and CEO sold 32,932 shares of the company’s stock on Feb 02. The stock was sold for $1,736,834 at an average price of $52.74. Upon completion of the transaction, the Chairman and CEO now directly owns 863,555 shares in the company, valued at $36.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 01, Chairman and CEO CAFARO DEBRA A sold 548 shares of the business’s stock. A total of $28,501 was realized by selling the stock at an average price of $52.01. This leaves the insider owning 870,851 shares of the company worth $37.28 million. Insiders disposed of 239,252 shares of company stock worth roughly $10.24 million over the past 1 year. A total of 0.54% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VTR stock. A new stake in Ventas Inc. shares was purchased by WALLEYE CAPITAL LLC during the first quarter worth $22,936,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $11,392,000 in shares of VTR during the first quarter. In the first quarter, LIGHTHOUSE INVESTMENT PARTNERS, LLC acquired a new stake in Ventas Inc. valued at approximately $8,562,000. GRS ADVISORS, LLC acquired a new stake in VTR for approximately $7,379,000. TUDOR INVESTMENT CORP ET AL purchased a new stake in VTR valued at around $5,379,000 in the second quarter. In total, there are 973 active investors with 95.10% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $42.76 for Ventas Inc. (NYSE: VTR). During the past 12 months, Ventas Inc. has had a low of $35.33 and a high of $58.24. The fifty day moving average price for VTR is $44.86 and a two-hundred day moving average price translates $45.61 for the stock.
The latest earnings results from Ventas Inc. (NYSE: VTR) was released for Mar, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at $0.04, beating analysts’ expectations of -$0.1 by 0.14. This compares to $0.10 EPS in the same period last year. The net profit margin was -1.60% and return on equity was -0.70% for VTR. The company reported revenue of $1.08 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.87 percent. For the current quarter, analysts expect VTR to generate $1.09B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 07/13/2023. Investors who held shares on 07/03/2023 were paid a $0.45 dividend. On an annualized basis, this represents a $1.80 dividend and a 4.20% percent yield. There was an ex-dividend date of 06/30/2023 for this dividend.
Ventas Inc.(VTR) Company Profile
Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada, and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, hospitals and other healthcare real estate. A globally-recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.
