Market Cap
US$27.4b
Last Updated
2019/10/21 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust.
Snowflake
Fundamentals
6 star dividend payer and overvalued.
Similar Companies
Share Price & News
How has Ventas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.06%
VTR
1.5%
US REITs
0.5%
US Market
1 Year Return
33.4%
VTR
20.3%
US REITs
6.8%
US Market
Return vs Industry: VTR exceeded the US REITs industry which returned 20.3% over the past year.
Return vs Market: VTR exceeded the US Market which returned 6.8% over the past year.
Shareholder returns
| VTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.06% | 1.5% | 0.5% |
| 30 Day | 0.7% | 1.7% | -0.8% |
| 90 Day | 6.8% | 7.6% | -0.9% |
| 1 Year | 40.0%33.4% | 25.7%20.3% | 9.2%6.8% |
| 3 Year | 23.1%5.6% | 35.8%18.5% | 45.6%36.2% |
| 5 Year | 57.8%7.8% | 64.6%29.8% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is Ventas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Read This Before Judging Ventas, Inc.'s (NYSE:VTR) ROE3 weeks ago | Simply Wall St
Ventas, Inc. (NYSE:VTR) Will Pay A 1.1% Dividend In 2 Days1 month ago | Simply Wall St
Is Ventas, Inc.'s (NYSE:VTR) 4.2% Dividend Worth Your Time?Valuation
Is Ventas undervalued compared to its fair value and its price relative to the market?
18.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VTR ($72.69) is trading below our estimate of fair value ($89.18)
Significantly Below Fair Value: VTR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VTR is poor value based on its PE Ratio (52x) compared to the REITs industry average (36.2x).
PE vs Market: VTR is poor value based on its PE Ratio (52x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: VTR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: VTR is overvalued based on its PB Ratio (2.5x) compared to the US REITs industry average (2x).
Next Steps
Future Growth
How is Ventas forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-3.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VTR's earnings are forecast to decline over the next 3 years (-3.5% per year).
Earnings vs Market: VTR's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: VTR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VTR's revenue (7.5% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: VTR's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VTR's Return on Equity is forecast to be low in 3 years time (5.7%).
Next Steps
Past Performance
How has Ventas performed over the past 5 years?
16.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VTR's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: VTR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VTR had negative earnings growth (-60%) over the past year, making it difficult to compare to the REITs industry average (17.6%).
Return on Equity
High ROE: VTR's Return on Equity (4.6%) is considered low.
Return on Assets
ROA vs Industry: VTR's Return on Assets is below or equal to the REITs industry average last year.
Return on Capital Employed
ROCE Improving: VTR's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Ventas's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: VTR has a high level of physical assets or inventory.
Debt Coverage by Assets: VTR's debt is not covered by short term assets (assets are 0x debt).
Financial Institutions Analysis
Asset Level: VTR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if VTR has a sufficient allowance for bad loans.
Low Risk Liabilities: VTR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if VTR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: VTR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if VTR has an appropriate level of bad loans.
Next Steps
Dividend
What is Ventas's current dividend yield, its reliability and sustainability?
4.36%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: VTR's dividend (4.36%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: VTR's dividend (4.36%) is in the top 25% of dividend payers in the US market (3.73%)
Stable Dividend: VTR's dividends per share have been stable in the past 10 years.
Growing Dividend: VTR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.1%), VTR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VTR's dividends in 3 years are forecast to be thoroughly covered by earnings (0.2% payout ratio).
Next Steps
Management
What is the CEO of Ventas's salary, the management and board of directors tenure and is there insider trading?
5.0yrs
Average management tenure
CEO
Deb Cafaro (61yo)
20.6yrs
Tenure
US$13,116,202
Compensation
Ms. Debra A. Cafaro, also known as Deb, J.D., has been the Chief Executive Officer at Ventas, Inc. since March 5, 1999 and has been its Chairman since January 28, 2003. Ms. Cafaro serves as a Chairman at T ...
CEO Compensation Analysis
Compensation vs. Market: Deb's total compensation ($USD13.12M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Deb's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.0yrs
Average Tenure
58yo
Average Age
Experienced Management: VTR's management team is seasoned and experienced (5 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: VTR's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
Insider Buying: VTR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Investment Officer Executive VP & Chief Investment Officer |
| Shares | 10,000 |
| Max Price | US$72.54 |
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP |
| Shares | 4,113 |
| Max Price | US$60.68 |
| Entity | Individual |
| Role | Chief Investment Officer Executive VP & Chief Investment Officer |
| Shares | 10,000 |
| Max Price | US$64.88 |
Ownership Breakdown
Management Team
Deb Cafaro (61yo)
Chairman & CEO
- Tenure: 20.6yrs
- Compensation: US$13.12m
T. Riney (61yo)
Consultant
- Tenure: 21.4yrs
- Compensation: US$3.96m
Bob Probst (51yo)
Executive VP & CFO
- Tenure: 5yrs
- Compensation: US$5.00m
John Cobb (48yo)
Executive VP & Chief Investment Officer
- Tenure: 8.9yrs
- Compensation: US$4.99m
Ed Brady
Chief Human Resources Officer & Senior VP
- Tenure: 5.3yrs
Greg Liebbe
Senior VP
- Tenure: 4.1yrs
Louise Adhikari
Vice President of Marketing & Corporate Communications
- Tenure: 0yrs
Pete Bulgarelli (58yo)
Executive Vice President of Office
- Tenure: 1.5yrs
- Compensation: US$2.19m
Bhavana Devulapally
Senior VP & Chief Information Officer
- Tenure: 0.8yrs
Juan Sanabria
Vice President of Investor Relations
- Tenure: 0.8yrs
Board Members
Walt Rakowich (61yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$286.24k
Jay Gellert (65yo)
Independent Director
- Tenure: 18.1yrs
- Compensation: US$291.17k
Deb Cafaro (61yo)
Chairman & CEO
- Tenure: 20.6yrs
- Compensation: US$13.12m
Denny Shelton (66yo)
Presiding Director
- Tenure: 3.4yrs
- Compensation: US$331.24k
Rick Gilchrist (73yo)
Independent Director
- Tenure: 8.3yrs
- Compensation: US$299.88k
Matt Lustig (59yo)
Independent Director
- Tenure: 8.4yrs
- Compensation: US$269.24k
Melody Barnes (55yo)
Independent Director
- Tenure: 5.1yrs
- Compensation: US$293.82k
Roxanne Martino (62yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$289.24k
Sean Nolan (51yo)
Independent Director
- Tenure: 0.3yrs
Bob Reed (67yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$291.24k
Company Information
Ventas, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ventas, Inc.
- Ticker: VTR
- Exchange: NYSE
- Founded: 1983
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$27.364b
- Market Cap: US$27.083b
- Shares outstanding: 375.57m
- Website: https://www.ventasreit.com
Number of Employees
Location
- Ventas, Inc.
- 353 North Clark Street
- Suite 3300
- Chicago
- Illinois
- 60654
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VTR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 1989 |
| VEN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1989 |
| 0LO4 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Sep 1989 |
Biography
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of senior housi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 23:43 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.