Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Ventas (VTR) Share Price
News stories about Ventas (NYSE:VTR) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ventas earned a news impact score of 0.21 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.7156957485419 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Ventas, Inc. (VTR) Upgraded to Sell by BidaskClub (americanbankingnews.com)
- Ventas’ (VTR) Life Science Asset Investments to Stoke Growth (nasdaq.com)
- Ventas' (VTR) Life Science Asset Investments to Stoke Growth (finance.yahoo.com)
- The BidaskClub Downgrades Michael Kors Holdings Limited (KORS) to Strong Sell (techkenyot.com)
A number of research firms have issued reports on VTR. BidaskClub raised shares of Ventas from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Jefferies Group LLC boosted their price objective on shares of Ventas from $61.00 to $64.00 and gave the company a “hold” rating in a report on Monday, May 1st. Mitsubishi UFJ Financial Group began coverage on shares of Ventas in a report on Wednesday, June 21st. They issued a “hold” rating and a $67.00 price objective for the company. Finally, Mizuho reissued a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Ventas currently has an average rating of “Hold” and a consensus target price of $65.13.
Shares of Ventas (NYSE VTR) traded down 0.62% during mid-day trading on Friday, hitting $66.12. 1,657,508 shares of the stock were exchanged. Ventas has a 52 week low of $56.20 and a 52 week high of $74.48. The stock’s 50-day moving average is $67.21 and its 200-day moving average is $65.43. The stock has a market capitalization of $23.55 billion, a price-to-earnings ratio of 33.50 and a beta of 0.07.
Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.61. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The company had revenue of $895.49 million during the quarter, compared to analyst estimates of $890.01 million. During the same period last year, the business earned $0.42 earnings per share. Ventas’s revenue was up 5.6% compared to the same quarter last year. Analysts forecast that Ventas will post $1.84 earnings per share for the current fiscal year.
In other news, Chairman Debra A. Cafaro sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $69.12, for a total value of $6,912,000.00. Following the completion of the transaction, the chairman now directly owns 819,835 shares in the company, valued at $56,666,995.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by company insiders.
Ventas Company Profile
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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