Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes
Seeking Alpha News (Sat, 18-May 12:00 PM ET)
Ventas Declares Second Quarter 2024 Dividend of $0.45 Per Common Share
Business Wire (Tue, 14-May 6:11 PM ET)
Business Wire (Thu, 9-May 8:00 AM ET)
Ventas Announces Pricing of Senior Notes Offering
Business Wire (Wed, 8-May 4:27 PM ET)
Ventas to Participate in Investor Meetings at BMO 2024 Real Estate Conference
Business Wire (Mon, 6-May 4:20 PM ET)
Ventas Reports 2024 First Quarter Results
Business Wire (Wed, 1-May 4:10 PM ET)
Ventas Closes Extended and Improved $2.75 Billion Unsecured Credit Facility
Business Wire (Wed, 24-Apr 4:14 PM ET)
Business Wire (Thu, 18-Apr 9:15 AM ET)
Ventas Announces First Quarter 2024 Earnings Release Date and Conference Call
Business Wire (Wed, 3-Apr 5:20 PM ET)
Business Wire (Mon, 1-Apr 9:25 AM ET)
Ventas owns a diversified healthcare portfolio of over 1,300 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes almost 100 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 1% of net operating income.
Ventas trades on the NYSE stock market under the symbol VTR.
As of May 21, 2024, VTR stock price declined to $48.54 with 290,510 million shares trading.
VTR has a beta of 0.97, meaning it tends to be less sensitive to market movements. VTR has a correlation of 0.22 to the broad based SPY ETF.
VTR has a market cap of $19.53 billion. This is considered a Large Cap stock.
Last quarter Ventas reported $1 billion in Revenue and $.78 earnings per share. This beat revenue expectation by $40 million and exceeded earnings estimates by $.03.
In the last 3 years, VTR stock traded as high as $64.02 and as low as $35.33.
The top ETF exchange traded funds that VTR belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.
VTR stock has underperformed the market in the last year with a return of +12.4%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VTR shares. However, VTR has outperformed the market in the last 3 month and 2 week periods, returning +13.8% and +3.2%, while SPY returned +7.0% and +2.6%, respectively. This indicates VTR has been having a stronger performance recently.
VTR support price is $48.25 and resistance is $49.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTR stock will trade within this expected range on the day.