Wall Street brokerages expect that Ventas, Inc. (NYSE:VTR) will announce $884.37 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Ventas’ earnings, with the highest sales estimate coming in at $890.17 million and the lowest estimate coming in at $878.57 million. Ventas posted sales of $867.12 million in the same quarter last year, which suggests a positive year over year growth rate of 2%. The firm is scheduled to announce its next earnings report on Friday, October 27th.

On average, analysts expect that Ventas will report full year sales of $884.37 million for the current financial year, with estimates ranging from $3.46 billion to $3.57 billion. For the next fiscal year, analysts expect that the firm will report sales of $3.60 billion per share, with estimates ranging from $3.55 billion to $3.68 billion. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Ventas.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.61. The company had revenue of $895.49 million for the quarter, compared to analysts’ expectations of $890.01 million. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Several brokerages have weighed in on VTR. BidaskClub cut Ventas from a “sell” rating to a “strong sell” rating in a report on Wednesday. Mitsubishi UFJ Financial Group began coverage on Ventas in a report on Wednesday, June 21st. They set a “hold” rating and a $67.00 price objective for the company. Mizuho reissued a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Finally, Jefferies Group LLC upped their price target on Ventas from $61.00 to $64.00 and gave the company a “hold” rating in a research note on Monday, May 1st. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $65.13.

Shares of Ventas (NYSE:VTR) traded up 0.23% on Friday, hitting $64.95. 1,222,611 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $68.06 and its 200 day moving average price is $65.23. The company has a market cap of $23.13 billion, a price-to-earnings ratio of 32.90 and a beta of 0.07. Ventas has a 1-year low of $56.20 and a 1-year high of $75.16.

In other news, Chairman Debra A. Cafaro sold 100,000 shares of the company’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $69.12, for a total value of $6,912,000.00. Following the completion of the sale, the chairman now directly owns 819,835 shares of the company’s stock, valued at approximately $56,666,995.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the company. Gulf International Bank UK Ltd boosted its stake in Ventas by 2.4% in the first quarter. Gulf International Bank UK Ltd now owns 108,716 shares of the real estate investment trust’s stock worth $7,070,000 after buying an additional 2,500 shares during the last quarter. National Pension Service boosted its stake in Ventas by 10.7% in the first quarter. National Pension Service now owns 305,836 shares of the real estate investment trust’s stock worth $19,726,000 after buying an additional 29,536 shares during the last quarter. Atria Investments LLC boosted its stake in Ventas by 6.3% in the first quarter. Atria Investments LLC now owns 3,466 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 205 shares during the last quarter. Integrated Wealth Management boosted its stake in Ventas by 5.1% in the first quarter. Integrated Wealth Management now owns 8,051 shares of the real estate investment trust’s stock worth $524,000 after buying an additional 388 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in Ventas by 5.2% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 24,427 shares of the real estate investment trust’s stock worth $1,589,000 after buying an additional 1,203 shares during the last quarter. 88.70% of the stock is owned by institutional investors and hedge funds.

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About Ventas

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

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Earnings History and Estimates for Ventas (NYSE:VTR)

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