Ventas Inc VTR

Morningstar Rating
$84.01 +0.28 (0.33%)
View Full Chart

Company Report

Double-Digit NOI Growth From Senior Housing Portfolio Drives Strong Near-Term Growth for Ventas

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 LOCK|n<k#zVv premium.
Price
$83.73
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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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.

News

Trading Information

Previous Close Price
$83.73
Day Range
$83.23–84.81
52-Week Range
$66.93–101.60
Bid/Ask
$83.70 / $85.82
Shares Outstanding
512.95M
Market Cap
$43.09B
Volume/Avg
3M / 3M

Key Statistics

Price/Earnings (Normalized)
188.52
Price/Sales
6.27
Dividend Yield (Trailing)
2.44%
Dividend Yield (Forward)
2.48%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
2.44%

Company Profile

Ventas owns a diversified healthcare portfolio of almost 1,400 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.
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Stock Style Box
Mid Core
Total Number of Employees
542

Competitors

Valuation

Metric
VTR
WELL
VMRK
Price/Earnings (Normalized)
188.52107.6234.89
Price/Book Value
2.933.521.98
Price/Sales
6.2712.897.74
Price/Cash Flow
23.0844.5314.57
Price/Earnings
VTR
WELL
VMRK

Financial Strength

Metric
VTR
WELL
VMRK
Quick Ratio
0.523.100.05
Current Ratio
0.593.160.14
Interest Coverage
1.360.584.64
Quick Ratio
VTR
WELL
VMRK

Profitability

Metric
VTR
WELL
VMRK
Return on Assets (Normalized)
1.17%4.69%3.60%
Return on Equity (Normalized)
2.51%7.25%6.73%
Return on Invested Capital (Normalized)
3.16%5.87%4.66%
Return on Assets
VTR
WELL
VMRK

REIT - Healthcare Facilities Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Welltower Inc
WELL
LOCK|N&ZX!hsLOCK|@?$164B
Omega Healthcare Investors Inc
OHI
—LOCK|BC$14B
Healthpeak Properties Inc
DOC
LOCK|%?<<V^LOCK|>C<$13B
American Healthcare REIT Inc Ordinary Shares
AHR
—LOCK|>@$L$11B
CareTrust REIT Inc
CTRE
—LOCK|>rm>$8B
Healthcare Realty Trust Inc
HR
—LOCK|CJ$6B
Aedifica SA
AEDFF
—LOCK|!^$6B
Sabra Health Care REIT Inc
SBRA
—LOCK|#?%$5B
Chartwell Retirement Residences
CWSRF
—LOCK|?n$5B

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