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Ventas Inc VTR

Morningstar Rating
$47.93 +0.32 (0.67%)
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Company Report

Improving Senior Housing Fundamentals Should Drive Growth for Ventas Over Next Decade

The top healthcare real estate stands to disproportionately benefit from the Affordable Care Act. There is an increased focus on higher-quality care in lower-cost settings. The best owners and operators in the industry, which can provide better outcomes while driving greater efficiencies, should see demand funneled to them from the best healthcare systems. Additionally, the baby boomer generation is starting to enter its senior years, and the 80-and-older population, which spends more than 4 times on healthcare per capita than the national average, should almost double over the next 10 years. Long term, the best healthcare companies are well positioned to take advantage of these industry tailwinds.

Price vs Fair Value

VTR is trading at a 292% premium.
Price
$47.61
Fair Value
$17.00
Uncertainty
Medium
1-Star Price
$97.70
5-Star Price
$56.00
Economic Moat
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Capital Allocation
Yggztxyxq

Bulls Say, Bears Say

Bulls

Ventas enjoys industry tailwinds, including an aging population and regulatory changes that expand the pool of participants in the healthcare system.

Bears

Regulation notably affects the operations of Ventas and its tenants. If the company does not anticipate and adapt to changes, performance could meaningfully decline.

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News

Trading Information

Previous Close Price
$47.61
Day Range
$47.5748.15
52-Week Range
$39.3650.98
Bid/Ask
$47.93 / $47.95
Market Cap
$19.40 Bil
Volume/Avg
523,179 / 2.5 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
4.19
Dividend Yield (Trailing)
3.78%
Dividend Yield (Forward)
3.78%
Total Yield
3.78%

Company Profile

Ventas owns a diversified healthcare portfolio of nearly 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes over 40 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.
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Stock Style Box
Mid Core
Total Number of Employees
486

Competitors

Valuation

Metric
VTR
WELL
DOC
Price/Earnings (Normalized)
110.6748.84
Price/Book Value
2.052.131.55
Price/Sales
4.197.944.86
Price/Cash Flow
16.4530.1013.42
Price/Earnings
VTR
WELL
DOC

Financial Strength

Metric
VTR
WELL
DOC
Quick Ratio
0.773.770.24
Current Ratio
0.853.830.27
Interest Coverage
0.881.741.93
Quick Ratio
VTR
WELL
DOC

Profitability

Metric
VTR
WELL
DOC
Return on Assets (Normalized)
< 0.01%1.20%1.76%
Return on Equity (Normalized)
< 0.01%2.13%4.21%
Return on Invested Capital (Normalized)
1.88%2.73%3.34%
Return on Assets
VTR
WELL
DOC
See how this stock stacks up to its competitors with Morningstar Investor

REIT - Healthcare Facilities Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
WELL
Welltower IncPccthvndwqMpb$59.5 Bil
DOC
Healthpeak Properties IncThwjktkkWnhpn$13.8 Bil
OHI
Omega Healthcare Investors IncQgwx$7.6 Bil
HR
Healthcare Realty Trust IncKcg$6.1 Bil
CTRE
CareTrust REIT IncNvwrjtb$3.5 Bil
SBRA
Sabra Health Care REIT IncDlncx$3.4 Bil
MPW
Medical Properties Trust IncJxng$3.3 Bil
AEDFF
Aedifica SAMvxz$3.2 Bil
NHI
National Health Investors IncZdvj$2.9 Bil

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