Ventas, Inc. (NYSE:VTR) to Issue $0.52 Quarterly Dividend

by · The Cerbat Gem

Ventas, Inc. (NYSE:VTR – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.52 per share by the real estate investment trust on Thursday, July 16th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, June 30th.

Ventas has decreased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. Ventas has a payout ratio of 270.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Ventas to earn $4.20 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 49.5%.

Ventas Trading Up 2.1%

NYSE VTR opened at $90.35 on Thursday. The firm has a market capitalization of $43.92 billion, a P/E ratio of 164.27, a PEG ratio of 2.18 and a beta of 0.74. The business has a fifty day simple moving average of $84.97 and a 200 day simple moving average of $81.07. Ventas has a 12 month low of $61.76 and a 12 month high of $90.46. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.95.

Ventas (NYSE:VTR – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. Ventas had a net margin of 4.25% and a return on equity of 2.09%. Ventas’s revenue was up 22.0% on a year-over-year basis. During the same quarter last year, the business posted $0.84 earnings per share. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. On average, analysts predict that Ventas will post 3.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Ventas

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Ventas by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 75,948,003 shares of the real estate investment trust’s stock worth $5,876,856,000 after buying an additional 2,349,176 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Ventas by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 29,701,300 shares of the real estate investment trust’s stock valued at $2,078,794,000 after acquiring an additional 387,495 shares during the last quarter. State Street Corp boosted its stake in Ventas by 2.5% in the fourth quarter. State Street Corp now owns 29,662,635 shares of the real estate investment trust’s stock valued at $2,309,234,000 after acquiring an additional 735,620 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Ventas by 3.8% during the 4th quarter. Geode Capital Management LLC now owns 12,988,943 shares of the real estate investment trust’s stock valued at $1,001,447,000 after acquiring an additional 475,633 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Ventas by 27.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,176,254 shares of the real estate investment trust’s stock valued at $710,060,000 after acquiring an additional 2,000,341 shares during the period. Institutional investors own 94.18% of the company’s stock.

About Ventas

(Get Free Report)

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.

See Also