On May 26, 2023, JP Morgan maintained coverage of Ventas (NYSE:VTR) with a Neutral recommendation according to Fintel reports.
The average one-year price target for Ventas as of May 11, 2023, is 53.21, giving an increase of 24.29% from its latest reported closing price of 42.81.
Projected annual revenue for Ventas in 2023 is 4,424MM, which represents an increase of 6.01%.
On May 16, 2023, Ventas declared a regular quarterly dividend of $0.45 per share ($1.80 annualized). This gives the stock a dividend yield of 4.20% at the current share price of $42.81/share.
The put/call ratio of VTR is 0.53, suggesting a bullish outlook.
Jpmorgan Chase holds 24,243K shares representing 6.06% ownership of the company. APG Asset Management US holds 18,160K shares representing 4.54% ownership of the company. VGSIX – Vanguard Real Estate Index Fund Investor Shares holds 17,826K shares representing 4.46% ownership of the company. Principal Financial Group holds 16,968K shares representing 4.24% ownership of the company.
Ventas Inc. is a REIT company operating in healthcare and real estate industries. As of December 31, 2020, Ventas owned or managed through unconsolidated real estate entities approximately 1,200 properties.
For further information, please refer to the Fintel website.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.