Evercore ISI Raises Ventas (NYSE:VTR) Price Target to $80.00

Key Points

• Evercore ISI has raised its price target for Ventas (NYSE:VTR) from $77.00 to $80.00, indicating a potential upside of 14.56% from the stock's current price.
• Multiple analysts have recently reaffirmed their positive outlook on Ventas, with firms like JPMorgan Chase and Raymond James increasing their price targets to $76.00 and $78.00, respectively.
• Ventas has reported strong quarterly earnings, beating estimates with $1.42 billion in revenue, and has set its FY 2025 guidance at 3.410-3.460 EPS.

Ventas (NYSE:VTR - Get Free Report) had its price objective lifted by investment analysts at Evercore ISI from $77.00 to $80.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an "outperform" rating on the real estate investment trust's stock. Evercore ISI's price objective points to a potential upside of 14.56% from the stock's current price.

A number of other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research report on Tuesday, August 26th. Argus reaffirmed a "buy" rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. Morgan Stanley increased their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Scotiabank raised their price objective on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $75.27.

Ventas Trading Up 0.1%

Shares of VTR stock traded up $0.10 during mid-day trading on Monday, reaching $69.83. The stock had a trading volume of 179,594 shares, compared to its average volume of 3,004,296. The firm has a market capitalization of $31.74 billion, a PE ratio of 162.38, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. The stock's 50-day moving average price is $67.18 and its two-hundred day moving average price is $66.30. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas has a 52-week low of $56.68 and a 52-week high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. Ventas had a return on equity of 1.75% and a net margin of 3.61%.The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the business earned $0.80 EPS. Ventas's revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities analysts expect that Ventas will post 3.4 earnings per share for the current fiscal year.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of Ventas stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.60, for a total value of $967,796.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $75,157,592. This trade represents a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Robert F. Probst sold 168,318 shares of the business's stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $65.36, for a total value of $11,001,264.48. Following the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 276,788 shares of company stock valued at $18,279,081 in the last 90 days. 0.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ventas

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Ventas by 4.1% in the second quarter. Vanguard Group Inc. now owns 71,796,312 shares of the real estate investment trust's stock worth $4,533,937,000 after purchasing an additional 2,854,751 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Ventas by 9.5% in the 1st quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock worth $2,224,203,000 after buying an additional 2,811,241 shares during the period. State Street Corp grew its position in shares of Ventas by 5.2% during the 2nd quarter. State Street Corp now owns 27,998,629 shares of the real estate investment trust's stock worth $1,781,267,000 after buying an additional 1,388,678 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Ventas by 4.9% during the second quarter. Geode Capital Management LLC now owns 12,226,283 shares of the real estate investment trust's stock valued at $769,061,000 after buying an additional 574,663 shares during the period. Finally, Resolution Capital Ltd raised its holdings in shares of Ventas by 10.5% in the first quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust's stock valued at $542,506,000 after acquiring an additional 751,587 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

About Ventas

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.

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