Ventas, Inc. (NYSE:VTR) Plans Quarterly Dividend of $0.48

Ventas, Inc. (NYSE:VTR) announced a quarterly dividend on Thursday, September 18th, RTT News reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.48 per share by the real estate investment trust on Thursday, October 16th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, September 30th.

Ventas has a dividend payout ratio of 249.4% 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 $3.69 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 52.0%.

Ventas Stock Up 1.2%

Shares of NYSE:VTR opened at $68.99 on Friday. The company has a market capitalization of $31.35 billion, a PE ratio of 160.43, a price-to-earnings-growth ratio of 2.54 and a beta of 0.87. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day moving average price of $67.94 and a two-hundred day moving average price of $66.29. Ventas has a 1 year low of $56.68 and a 1 year high of $71.36.

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

Insider Transactions at Ventas

In other news, CEO Peter J. Bulgarelli sold 406 shares of Ventas stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $70.00, for a total value of $28,420.00. Following the sale, the chief executive officer directly owned 121,082 shares in the company, valued at approximately $8,475,740. This trade represents a 0.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert F. Probst sold 29,691 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $68.49, for a total value of $2,033,536.59. Following the completion of the transaction, the chief financial officer owned 168,364 shares of the company’s stock, valued at approximately $11,531,250.36. The trade was a 14.99% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 277,194 shares of company stock worth $18,307,501. 0.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in Ventas in the first quarter worth $25,000. Larson Financial Group LLC boosted its stake in Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 347 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Ventas in the 2nd quarter worth about $33,000. Rossby Financial LCC bought a new position in Ventas in the 1st quarter worth about $34,000. Finally, Golden State Wealth Management LLC boosted its stake in Ventas by 52.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

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.