Ventas Inc
VTR
ISIN US92276F1003 / Valor 881328
Ventas Inc
UMushroom community rating:
About company
Ventas Inc is a leading Real Estate Investment Trust (REIT) that operates within the healthcare and real estate industries. As an S&P 500 company, Ventas focuses on owning, acquiring, and managing a diverse portfolio of healthcare-related properties, including senior housing, medical office buildings, and life science facilities. With a strong presence in the market, Ventas plays a crucial role in providing essential real estate solutions for healthcare providers and senior living operators.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Net Income and FFO Growth
In the third quarter of 2024, Ventas Inc. reported a net income attributable to common stockholders of $0.05 per share. The company's Normalized Funds From Operations (FFO) per share increased by approximately 7% compared to the previous year, reaching $0.80. This growth reflects Ventas's strong performance in its senior housing operating portfolio.
Senior Housing Portfolio Performance
Ventas Inc.'s senior housing operating portfolio (SHOP) demonstrated significant growth in the third quarter of 2024. The Same-Store Cash Net Operating Income (NOI) for the SHOP portfolio grew by 15.3% year-over-year, driven by a 350 basis point increase in average occupancy. This performance was supported by broad-based demand and rate growth, resulting in an 8.7% increase in total revenue.
Investment Activity
Year to date, Ventas Inc. has closed or placed under contract $1.7 billion in senior housing investments. These investments are expected to generate attractive NOI yields and offer significant multiyear growth potential. The company continues to focus on capturing value-creating opportunities in the senior housing sector, expanding its participation in this growth market.
Financial Position and Liquidity
As of September 30, 2024, Ventas Inc. reported $4.0 billion in liquidity, which includes availability under its unsecured revolving credit facility and cash and cash equivalents. The company's Net Debt-to-Further Adjusted EBITDA improved to 6.3x, reflecting its strong financial position and ability to fund growth through equity and senior housing investments.
Updated Full Year Guidance
Ventas Inc. has updated its full-year 2024 guidance, reflecting its strong performance and growth momentum. The company now expects its Attributable Net Income per share to range between $0.09 and $0.13, with a midpoint of $0.11. The Normalized FFO per share is projected to range from $3.14 to $3.18, with a midpoint of $3.16, indicating confidence in its continued growth trajectory.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
24911 M
Market cap (USD)
529,397
Daily traded volume (Shares)
59.61 / 59.02
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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