Symbols / VTR Stock $87.45 -2.79% Ventas, Inc.

Real Estate • REIT - Healthcare Facilities • United States • NYQ
VTR (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Healthcare Facilities
CEO Ms. Debra A. Cafaro J.D.
Exch · Country NYQ · United States
Market Cap 42.52B
Enterprise Value 55.51B
Income 260.42M
Sales 6.11B
FCF (ttm) 1.48B
Book/sh 27.00
Cash/sh 0.38
Employees 542
Insider 10d —
IPO May 05, 1997
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 3.56%
P/E 159.00
Forward P/E 103.29
PEG 1.72
P/S 6.96
P/B 3.24
P/C —
EV/EBITDA 24.26
EV/Sales 9.08
Quick Ratio 0.19
Current Ratio 0.21
Debt/Eq 93.74
LT Debt/Eq —
EPS (ttm) 0.55
EPS next Y 0.85
EPS Growth 10.00%
Revenue Growth 21.90%
EPS Gr Q/Q 19.30%
Rev Gr Q/Q —
Earnings (next) 2026-04-27
Earnings (prior) 2026-04-27
ROA 2.21%
ROE 2.14%
ROIC —
Gross Margin 40.49%
Oper. Margin 13.77%
Profit Margin 4.26%
Shs Outstand 486.17M
Shs Float 483.76M
Insider Own 0.52%
Instit Own 106.65%
Short Float 4.73%
Short Ratio 4.74
Short Interest 19.86M
52W High 91.06
vs 52W High -3.96%
52W Low 61.76
vs 52W Low 41.60%
Beta 0.76
Impl. Vol. 25.59%
Rel Volume 1.00
Avg Volume 3.81M
Volume 3.81M
Target (mean) $95.40
Tgt Median $95.00
Tgt Low $86.00
Tgt High $102.00
# Analysts 20
Recom Buy
Prev Close $89.96
Price $87.45
Change -2.79%
About

Ventas, Inc. is a leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population. With approximately 1,400 properties in North America and the United Kingdom, Ventas occupies an essential role in the longevity economy. The Company's growth is fueled by its more than 850 senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas aims to deliver outsized performance by leveraging its operational expertise, data-driven insights from its Ventas OI platform, extensive relationships and strong financial position. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities. Ventas's seasoned team of talented professionals shares a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives. Ventas, Inc. was incorporated in 1983 and is based in Chicago, United States.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$95.40
Mean price target
2. Current target
$87.45
Latest analyst target
3. DCF / Fair value
$54.91
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$87.45
Low
$86.00
High
$102.00
Mean
$95.40

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-13 main Jefferies Buy → Buy $100
2026-05-11 main JP Morgan Overweight → Overweight $94
2026-05-07 main Keybanc Overweight → Overweight $95
2026-05-04 main UBS Neutral → Neutral $93
2026-05-04 main RBC Capital Outperform → Outperform $98
2026-05-01 main Citigroup Buy → Buy $100
2026-04-29 main Evercore ISI Group Outperform → Outperform $95
2026-03-26 main Wells Fargo Overweight → Overweight $93
2026-03-20 main JP Morgan Overweight → Overweight $93
2026-03-04 main Mizuho Outperform → Outperform $94
2026-03-02 main Scotiabank Sector Perform → Sector Perform $93
2026-02-11 main Citigroup Buy → Buy $96
2026-02-10 main RBC Capital Outperform → Outperform $91
2026-02-10 main Keybanc Overweight → Overweight $90
2026-02-09 reit Cantor Fitzgerald Overweight → Overweight $93
2025-12-04 main Keybanc Overweight → Overweight $85
2025-11-25 main Wells Fargo Overweight → Overweight $88
2025-11-13 main Scotiabank Sector Perform → Sector Perform $80
2025-11-11 main Citigroup Buy → Buy $88
2025-10-31 main Cantor Fitzgerald Overweight → Overweight $85
News
RSS: Latest VTR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-16 SMITH MAURICE S Director — 126 $85.51 $10,779
2026-04-16 RODRIGUEZ JOE VASQUEZ JR. Director — 41 $85.51 $3,525
2026-04-16 ROY SUMIT Director — 116 $85.51 $9,958
2026-04-16 BARNES MELODY C Director — 66 $85.51 $5,707
2026-04-16 MARTINO ROXANNE M. Director — 188 $85.51 $16,103
2026-04-16 NADER MARGUERITE M Director — 66 $85.51 $5,707
2026-04-16 LUSTIG MATTHEW J Director — 295 $85.51 $25,309
2026-04-16 EMBLER MICHAEL J Director — 66 $85.51 $5,707
2026-04-01 SMITH MAURICE S Director — 457 $82.01 $37,500
2026-04-01 MARTINO ROXANNE M. Director — 624 $82.01 $51,250
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
5,833.98
+18.47%
4,924.27
+9.48%
4,497.83
+8.93%
4,129.19
Operating Revenue
5,790.38
+18.48%
4,887.10
+9.49%
4,463.46
+9.47%
4,077.40
Cost Of Revenue
3,419.92
+20.97%
2,827.07
+10.38%
2,561.25
+12.19%
2,282.92
Reconciled Cost Of Revenue
3,387.59
+21.12%
2,796.93
+10.17%
2,538.83
+11.84%
2,269.96
Gross Profit
2,414.06
+15.11%
2,097.20
+8.29%
1,936.58
+4.89%
1,846.28
Operating Expense
1,556.54
+9.93%
1,415.97
-6.91%
1,521.07
+11.64%
1,362.43
Selling General And Administration
177.40
+8.84%
162.99
+9.48%
148.88
+2.76%
144.87
Total Expenses
4,976.46
+17.29%
4,243.04
+3.94%
4,082.31
+11.99%
3,645.35
Operating Income
857.52
+25.88%
681.23
+63.95%
415.51
-14.12%
483.85
EBITDA
2,271.08
+17.27%
1,936.70
-0.64%
1,949.15
+20.28%
1,620.45
Normalized EBITDA
2,242.75
+17.99%
1,900.74
+0.24%
1,896.14
+15.33%
1,644.14
Reconciled Depreciation
1,411.47
+9.99%
1,283.29
-9.30%
1,414.88
+16.86%
1,210.76
EBIT
859.61
+31.56%
653.41
+22.30%
534.28
+30.41%
409.70
Total Unusual Items
28.33
-21.19%
35.95
-32.17%
53.01
+323.80%
-23.68
Total Unusual Items Excluding Goodwill
28.33
-21.19%
35.95
-32.17%
53.01
+323.80%
-23.68
Special Income Charges
-10.24
+51.34%
-21.06
-131.11%
-9.11
+71.04%
-31.46
Other Special Charges
0.17
-74.96%
0.69
+111.25%
-6.10
-1150.60%
0.58
Restructuring And Mergern Acquisition
10.07
-50.55%
20.37
+33.87%
15.21
-50.74%
30.88
Net Income
251.38
+209.76%
81.15
+298.06%
-40.97
+13.64%
-47.45
Pretax Income
247.37
+389.10%
50.58
+226.96%
-39.84
+31.15%
-57.86
Net Non Operating Interest Income Expense
-612.25
-1.56%
-602.84
-5.00%
-574.11
-22.79%
-467.56
Interest Expense Non Operating
612.25
+1.56%
602.84
+5.00%
574.11
+22.79%
467.56
Net Interest Income
-612.25
-1.56%
-602.84
-5.00%
-574.11
-22.79%
-467.56
Interest Expense
612.25
+1.56%
602.84
+5.00%
574.11
+22.79%
467.56
Other Income Expense
2.09
+107.51%
-27.82
-123.42%
118.76
+260.17%
-74.15
Other Non Operating Income Expenses
-30.71
+52.99%
-65.33
-225.34%
52.13
+166.02%
-78.96
Gain On Sale Of Security
38.58
-32.33%
57.01
-8.23%
62.12
+698.44%
7.78
Tax Provision
-14.15
+62.54%
-37.77
-296.01%
-9.54
+43.64%
-16.93
Tax Rate For Calcs
0.00
+0.00%
0.00
-12.30%
0.00
-18.15%
0.00
Tax Effect Of Unusual Items
5.95
-21.19%
7.55
-40.52%
12.69
+283.19%
-6.93
Net Income Including Noncontrolling Interests
261.52
+196.00%
88.35
+391.62%
-30.30
+25.98%
-40.93
Net Income From Continuing Operation Net Minority Interest
251.38
+209.76%
81.15
+298.06%
-40.97
+13.64%
-47.45
Net Income From Continuing And Discontinued Operation
251.38
+209.76%
81.15
+298.06%
-40.97
+13.64%
-47.45
Net Income Continuous Operations
261.52
+196.00%
88.35
+391.62%
-30.30
+25.98%
-40.93
Minority Interests
-10.14
-40.83%
-7.20
+32.58%
-10.68
-63.84%
-6.52
Normalized Income
229.00
+334.12%
52.75
+164.89%
-81.29
-164.86%
-30.69
Net Income Common Stockholders
251.38
+209.76%
81.15
+298.06%
-40.97
+13.64%
-47.45
Diluted EPS
0.54
+184.21%
0.19
+290.00%
-0.10
+16.67%
-0.12
Basic EPS
0.55
+175.00%
0.20
+300.00%
-0.10
+16.67%
-0.12
Basic Average Shares
455.08
+10.52%
411.77
+2.48%
401.81
+0.57%
399.55
Diluted Average Shares
462.62
+11.11%
416.37
+2.64%
405.67
+0.55%
403.45
Diluted NI Availto Com Stockholders
251.38
+209.76%
81.15
+298.06%
-40.97
+13.64%
-47.45
Depreciation Amortization Depletion Income Statement
1,379.14
+10.05%
1,253.14
-10.01%
1,392.46
+16.25%
1,197.80
Depreciation And Amortization In Income Statement
1,379.14
+10.05%
1,253.14
-10.01%
1,392.46
+16.25%
1,197.80
Earnings From Equity Interest
4.47
+185.86%
1.56
-88.53%
13.63
-52.19%
28.50
Provision For Doubtful Accounts
0.00
+100.00%
-0.17
+99.18%
-20.27
-202.60%
19.76
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Total Assets
26,186.91
+5.91%
24,725.43
+2.35%
24,157.84
Current Assets
1,423.32
+63.94%
868.20
-9.99%
964.59
Cash Cash Equivalents And Short Term Investments
897.85
+76.47%
508.79
+315.13%
122.56
Cash And Cash Equivalents
897.85
+76.47%
508.79
+315.13%
122.56
Other Short Term Investments
—
—
—
Receivables
375.68
+51.33%
248.25
-66.85%
748.95
Accounts Receivable
202.68
+4.41%
194.11
+3.50%
187.54
Loans Receivable
173.00
+219.56%
54.14
-90.36%
561.41
Prepaid Assets
71.79
—
—
Restricted Cash
59.38
+8.62%
54.67
+13.46%
48.18
Assets Held For Sale Current
18.62
-67.03%
56.49
+25.83%
44.89
Total Non Current Assets
24,763.59
+3.80%
23,857.24
+2.86%
23,193.25
Goodwill And Other Intangible Assets
1,056.43
+0.54%
1,050.76
0.00%
1,050.81
Goodwill
1,044.91
-0.02%
1,045.18
+0.07%
1,044.41
Other Intangible Assets
11.51
+106.18%
5.58
-12.65%
6.39
Investments And Advances
721.75
+6.37%
678.52
+0.47%
675.31
Long Term Equity Investment
721.75
+6.37%
678.52
+0.47%
675.31
Non Current Accounts Receivable
108.14
+42.12%
76.09
—
Non Current Deferred Assets
147.90
+22.94%
120.31
+7.73%
111.67
Non Current Deferred Taxes Assets
1.93
+10.09%
1.75
-83.28%
10.49
Other Non Current Assets
128.83
+4.46%
123.33
-28.04%
171.39
Total Liabilities Net Minority Interest
15,357.31
+1.16%
15,181.03
+8.93%
13,936.16
Current Liabilities
1,304.77
+10.36%
1,182.27
-25.03%
1,576.95
Payables And Accrued Expenses
1,295.65
+11.79%
1,159.02
+1.47%
1,142.23
Payables
1,152.31
+10.63%
1,041.62
+0.96%
1,031.69
Accounts Payable
1,152.31
+10.63%
1,041.62
+0.96%
1,031.69
Current Accrued Expenses
143.34
+22.10%
117.40
+6.21%
110.54
Current Debt And Capital Lease Obligation
6.40
-54.33%
14.01
-96.73%
428.23
Current Debt
6.40
-54.33%
14.01
-96.73%
428.23
Other Current Liabilities
2.73
-70.51%
9.24
+42.38%
6.49
Total Non Current Liabilities Net Minority Interest
14,052.54
+0.38%
13,998.76
+13.27%
12,359.21
Long Term Debt And Capital Lease Obligation
13,734.16
+0.46%
13,671.62
+13.37%
12,058.99
Long Term Debt
13,516.15
+0.29%
13,476.89
+13.55%
11,868.55
Long Term Capital Lease Obligation
218.00
+11.95%
194.73
+2.25%
190.44
Non Current Deferred Liabilities
8.15
-66.73%
24.50
-31.12%
35.57
Non Current Deferred Taxes Liabilities
8.15
-66.73%
24.50
-31.12%
35.57
Preferred Securities Outside Stock Equity
310.23
+2.51%
302.64
+14.35%
264.65
Stockholders Equity
10,771.27
+13.52%
9,488.06
-6.55%
10,152.97
Common Stock Equity
10,771.27
+13.52%
9,488.06
-6.55%
10,152.97
Capital Stock
109.12
+8.42%
100.65
+0.74%
99.91
Common Stock
109.12
+8.42%
100.65
+0.74%
99.91
Preferred Stock
0.00
0.00
0.00
Share Issued
437.08
+8.62%
402.38
+0.67%
399.71
Ordinary Shares Number
437.08
+8.70%
402.10
+0.60%
399.70
Treasury Shares Number
0.00
-98.57%
0.28
+2690.00%
0.01
Additional Paid In Capital
17,607.48
+12.50%
15,650.73
+0.71%
15,539.78
Retained Earnings
—
—
-5,449.39
Gains Losses Not Affecting Retained Earnings
-6,920.18
-10.73%
-6,249.56
-13.91%
-5,486.19
Treasury Stock
25.16
+82.76%
13.76
+2467.91%
0.54
Minority Interest
58.33
+3.52%
56.35
-17.99%
68.71
Other Equity Adjustments
-6,920.18
-10.73%
-6,249.56
-13.91%
-5,486.19
Total Equity Gross Minority Interest
10,829.60
+13.47%
9,544.41
-6.63%
10,221.68
Total Capitalization
24,287.42
+5.76%
22,964.95
+4.28%
22,021.52
Working Capital
118.55
+137.74%
-314.07
+48.71%
-612.37
Invested Capital
24,293.82
+5.72%
22,978.95
+2.36%
22,449.75
Total Debt
13,740.55
+0.40%
13,685.63
+9.60%
12,487.22
Net Debt
12,624.70
-2.75%
12,982.10
+6.64%
12,174.22
Capital Lease Obligations
218.00
+11.95%
194.73
+2.25%
190.44
Net Tangible Assets
9,714.84
+15.14%
8,437.30
-7.30%
9,102.16
Tangible Book Value
9,714.84
+15.14%
8,437.30
-7.30%
9,102.16
Commercial Paper
0.00
0.00
-100.00%
403.00
Financial Assets
40.19
-32.20%
59.28
+150.97%
23.62
Interest Payable
143.34
+22.10%
117.40
+6.21%
110.54
Investment Properties
22,600.54
+3.92%
21,748.95
+2.78%
21,160.45
Line Of Credit
6.40
-54.33%
14.01
-44.49%
25.23
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,646.73
+23.85%
1,329.62
+18.73%
1,119.87
-0.03%
1,120.16
Cash Flow From Continuing Operating Activities
1,646.73
+23.85%
1,329.62
+18.73%
1,119.87
-0.03%
1,120.16
Net Income From Continuing Operations
261.52
+196.00%
88.35
+391.62%
-30.30
+25.98%
-40.93
Depreciation Amortization Depletion
1,411.47
+9.99%
1,283.29
-9.30%
1,414.88
+16.86%
1,210.76
Depreciation
1,379.14
+10.05%
1,253.14
-10.01%
1,392.46
+16.25%
1,197.80
Amortization Cash Flow
32.33
+7.25%
30.14
+34.47%
22.42
+73.00%
12.96
Depreciation And Amortization
1,411.47
+9.99%
1,283.29
-9.30%
1,414.88
+16.86%
1,210.76
Amortization Of Intangibles
32.33
+7.25%
30.14
+34.47%
22.42
+73.00%
12.96
Other Non Cash Items
-76.44
-127.67%
-33.57
+69.94%
-111.70
-404.35%
-22.15
Stock Based Compensation
38.73
+24.98%
30.99
+0.01%
30.99
+0.89%
30.71
Provisionand Write Offof Assets
0.00
+100.00%
-0.17
+99.18%
-20.27
-202.60%
19.76
Deferred Tax
-24.15
+44.47%
-43.49
-184.81%
-15.27
+28.48%
-21.35
Deferred Income Tax
-24.15
+44.47%
-43.49
-184.81%
-15.27
+28.48%
-21.35
Operating Gains Losses
-42.88
+25.93%
-57.88
+47.84%
-110.98
-210.87%
-35.70
Gain Loss On Investment Securities
-38.58
+32.33%
-57.01
+37.52%
-91.25
-1072.83%
-7.78
Change In Working Capital
49.43
+12.83%
43.81
+181.74%
-53.60
-31.42%
-40.78
Change In Payables And Accrued Expense
80.11
-50.29%
161.17
+3227.77%
-5.15
-142.54%
12.11
Change In Accrued Expense
-0.92
-103.39%
27.20
+2072.92%
1.25
-74.53%
4.92
Change In Payable
81.03
-39.51%
133.97
+2191.63%
-6.41
-189.00%
7.20
Change In Account Payable
81.03
-39.51%
133.97
+2191.63%
-6.41
-189.00%
7.20
Change In Other Current Assets
-30.68
+73.86%
-117.36
-142.26%
-48.45
+8.42%
-52.90
Investing Cash Flow
-2,694.42
-13.35%
-2,377.09
-1187.25%
-184.66
+78.51%
-859.22
Cash Flow From Continuing Investing Activities
-2,694.42
-13.35%
-2,377.09
-1187.25%
-184.66
+78.51%
-859.22
Capital Expenditure
-644.62
-6.75%
-603.85
+6.09%
-643.00
-41.61%
-454.07
Capital Expenditure Reported
-644.62
-6.75%
-603.85
+6.09%
-643.00
-41.61%
-454.07
Net Business Purchase And Sale
-55.78
+20.08%
-69.80
+13.26%
-80.47
+3.81%
-83.65
Purchase Of Business
-55.78
+20.08%
-69.80
+46.52%
-130.52
-56.03%
-83.65
Net Other Investing Changes
52.89
+146.01%
-114.95
-293.34%
59.46
+469.15%
-16.11
Financing Cash Flow
873.76
-39.54%
1,445.22
+365.79%
-543.75
-91.51%
-283.93
Cash Flow From Continuing Financing Activities
873.76
-39.54%
1,445.22
+365.79%
-543.75
-91.51%
-283.93
Net Issuance Payments Of Debt
-656.03
-330.18%
285.01
+104.18%
139.59
-70.77%
477.62
Issuance Of Debt
1,130.50
-40.92%
1,913.43
-24.29%
2,527.48
+163.89%
957.78
Repayment Of Debt
-1,786.53
-9.71%
-1,628.42
+17.99%
-1,985.54
-229.51%
-602.57
Long Term Debt Issuance
1,130.50
-40.92%
1,913.43
-24.29%
2,527.48
+163.89%
957.78
Long Term Debt Payments
-1,786.53
-9.71%
-1,628.42
+17.99%
-1,985.54
-229.51%
-602.57
Net Long Term Debt Issuance
-656.03
-330.18%
285.01
-47.41%
541.94
+52.57%
355.21
Short Term Debt Issuance
—
—
—
122.41
Short Term Debt Payments
—
—
—
-27.18
Net Short Term Debt Issuance
0.00
0.00
+100.00%
-402.35
-428.68%
122.41
Net Common Stock Issuance
2,343.69
+19.28%
1,964.87
+1711.69%
108.45
0.00
Common Stock Payments
—
—
—
—
Common Stock Dividend Paid
-860.06
-16.17%
-740.33
-2.32%
-723.56
-0.45%
-720.32
Cash Dividends Paid
-860.06
-16.17%
-740.33
-2.32%
-723.56
-0.45%
-720.32
Repurchase Of Capital Stock
—
—
—
—
Proceeds From Stock Option Exercised
110.86
+325.55%
26.05
+1400.69%
1.74
-80.03%
8.69
Net Other Financing Charges
-64.70
+28.42%
-90.39
-29.18%
-69.97
-40.14%
-49.92
Changes In Cash
-173.94
-143.73%
397.76
+1.61%
391.46
+1803.26%
-22.98
Effect Of Exchange Rate Changes
2.84
+171.24%
-3.98
-417.02%
1.26
+143.81%
-2.87
Beginning Cash Position
957.23
+69.88%
563.46
+230.00%
170.75
-13.15%
196.60
End Cash Position
786.14
-17.87%
957.23
+69.88%
563.46
+230.00%
170.75
Free Cash Flow
1,002.11
+38.07%
725.78
+52.20%
476.87
-28.41%
666.09
Interest Paid Supplemental Data
579.69
+0.69%
575.74
+5.04%
548.11
+17.23%
467.56
Change In Interest Payable
-0.92
-103.39%
27.20
+2072.92%
1.25
-74.53%
4.92
Common Stock Issuance
2,343.69
+19.28%
1,964.87
+1711.69%
108.45
0.00
Dividend Received CFO
29.04
+58.71%
18.30
+13.49%
16.12
-18.76%
19.85
Dividends Received CFI
33.70
+302.72%
8.37
-88.79%
74.67
+163.75%
28.31
Earnings Losses From Equity Investments
-4.47
-185.86%
-1.56
+88.53%
-13.63
+52.19%
-28.50
Issuance Of Capital Stock
2,343.69
+19.28%
1,964.87
+1711.69%
108.45
0.00
Net Investment Properties Purchase And Sale
-2,080.61
-30.29%
-1,596.86
-494.60%
404.68
+221.27%
-333.70
Purchase Of Investment Properties
-2,293.77
-19.10%
-1,925.96
-29685.91%
-6.47
+98.55%
-446.63
Sale Of Business
0.00
0.00
-100.00%
50.05
0.00
Sale Of Investment Properties
213.16
-35.23%
329.09
-19.96%
411.15
+264.09%
112.93
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category