Ventas, Inc. (together with its subsidiaries, unless otherwise expressly noted), an S&P 500 company, is a real estate investment trust with a highly diversified portfolio of senior housing, research and innovation, and healthcare properties located throughout the United States, Canada and the United Kingdom.
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Second-rate dividend payer and slightly overvalued.
Share Price & News
How has Ventas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VTR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VTR underperformed the US REITs industry which returned -7.9% over the past year.
Return vs Market: VTR underperformed the US Market which returned 16.3% over the past year.
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
4 months ago | Simply Wall StInvestors Who Bought Ventas (NYSE:VTR) Shares Five Years Ago Are Now Down 34%
6 months ago | Simply Wall StDoes Ventas, Inc.'s (NYSE:VTR) CEO Pay Matter?
7 months ago | Simply Wall StNeed To Know: Ventas, Inc. (NYSE:VTR) Insiders Have Been Selling Shares
Is Ventas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VTR ($41.52) is trading below our estimate of fair value ($74.94)
Significantly Below Fair Value: VTR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VTR is poor value based on its PE Ratio (37.5x) compared to the US REITs industry average (31.3x).
PE vs Market: VTR is poor value based on its PE Ratio (37.5x) compared to the US market (18.9x).
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's PB Ratio (1.5x) is in line with the US REITs industry average.
How is Ventas forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
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 (-11.7% per year).
Earnings vs Market: VTR's earnings are forecast to decline over the next 3 years (-11.7% per year).
High Growth Earnings: VTR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VTR's revenue (3.4% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: VTR's revenue (3.4% 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 (2.9%).
How has Ventas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VTR has a large one-off gain of $194.2M impacting its June 30 2020 financial results.
Growing Profit Margin: VTR's current net profit margins (10.5%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: VTR's earnings have grown by 3.2% 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 (-17.5%) over the past year, making it difficult to compare to the REITs industry average (1.4%).
Return on Equity
High ROE: VTR's Return on Equity (3.9%) is considered low.
How is Ventas's financial position?
Financial Position Analysis
Short Term Liabilities: VTR's short term assets ($1.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: VTR's short term assets ($1.8B) do not cover its long term liabilities ($12.8B).
Debt to Equity History and Analysis
Debt Level: VTR's debt to equity ratio (117.6%) is considered high.
Reducing Debt: VTR's debt to equity ratio has increased from 102.1% to 117.6% over the past 5 years.
Debt Coverage: VTR's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: VTR's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Ventas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VTR's dividend (4.34%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: VTR's dividend (4.34%) is low compared to the top 25% of dividend payers in the US market (4.36%).
Stability and Growth of Payments
Stable Dividend: VTR's dividend payments have been volatile in the past 10 years.
Growing Dividend: VTR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56%), VTR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VTR's dividends in 3 years are forecast to be covered by earnings (59.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Deb Cafaro (62 yo)
Ms. Debra A. Cafaro, also known as Deb, J.D., has been the Chief Executive Officer at Ventas, Inc. since March 5, 1999 and has been its Chairman since January 28, 2003. Ms. Cafaro serves as a Chairman at T ...
CEO Compensation Analysis
Compensation vs Market: Deb's total compensation ($USD11.35M) is about average for companies of similar size in the US market ($USD11.35M).
Compensation vs Earnings: Deb's compensation has been consistent with company performance over the past year.
|Chairman & CEO||21.42yrs||US$11.35m||0.19% |
|Executive VP & CFO||5.83yrs||US$4.89m||0.016% |
|Executive VP & Chief Investment Officer||9.75yrs||US$4.94m||0.013% |
|Senior Advisor||0.83yr||US$3.85m||0.058% |
|Executive Vice President of Office||2.33yrs||US$2.67m||0.0016% |
|Senior VP||4.92yrs||no data||0.0036% |
|Senior VP & Chief Information Officer||1.58yrs||no data||no data|
|Vice President of Investor Relations||1.58yrs||no data||no data|
|Executive VP||0.42yr||no data||no data|
|Vice President of Marketing & Corporate Communications||no data||no data||no data|
|Chief Human Resources Officer & Senior VP||6.17yrs||no data||no data|
|Chief Tax Officer & Senior VP||8.58yrs||no data||no data|
Experienced Management: VTR's management team is considered experienced (4.9 years average tenure).
|Chairman & CEO||21.42yrs||US$11.35m||0.19% |
|Independent Director||4.17yrs||US$303.73k||0.0042% |
|Independent Director||18.92yrs||US$301.73k||0.022% |
|Independent Presiding Director||4.25yrs||US$348.73k||0.0033% |
|Independent Director||9.08yrs||US$314.73k||0.0095% |
|Independent Director||9.25yrs||US$288.23k||0.00071% |
|Independent Director||0.083yr||no data||0.0011% |
|Independent Director||5.92yrs||US$318.73k||0.0043% |
|Independent Director||4.17yrs||US$309.73k||0.0036% |
|Independent Director||1.08yrs||US$199.01k||0.0020% |
|Independent Director||12.42yrs||US$308.73k||0.0054% |
Experienced Board: VTR's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ventas, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ventas, Inc.
- Ticker: VTR
- Exchange: NYSE
- Founded: 1983
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$15.615b
- Market Cap: US$15.491b
- Shares outstanding: 376.08m
- Website: https://www.ventasreit.com
Number of Employees
- Ventas, Inc.
- 353 North Clark Street
- Suite 3300
- United States
|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|
|V1TA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 2 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
Ventas, Inc. (together with its subsidiaries, unless otherwise expressly noted), an S&P 500 company, is a real estate investment trust with a highly diversified portfolio of senior housing, research and in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 00:04|
|End of Day Share Price||2020/08/07 00:00|
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.