Last 7 days
-3.8%
Last 30 days
-9.9%
Last 90 days
-0.3%
Trailing 12 Months
-18.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
DLR | 30.0B | 4.7B | -6.82% | -21.36% | 79.47 | 6.4 | 5.96% | -77.90% |
EQR | 22.3B | 2.7B | -9.31% | -29.65% | 28.69 | 8.21 | 11.91% | -41.71% |
ARE | 21.2B | 2.6B | -23.98% | -31.95% | 40.62 | 8.18 | 22.46% | -8.68% |
KIM | 13.2B | 1.7B | -4.07% | -13.87% | 104.43 | 7.61 | 26.61% | -85.07% |
MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -13.38% | -14.77% | 20.08 | 7.2 | 12.95% | 47.42% |
KRG | 4.3B | 802.0M | -9.03% | -5.22% | -341.02 | 5.37 | 114.83% | 84.36% |
VNO | 2.9B | 1.8B | -31.59% | -62.57% | -8.47 | 1.63 | 13.26% | -296.88% |
MAC | 2.1B | 859.2M | -25.44% | -29.31% | -31.63 | 2.43 | 1.38% | -563.21% |
SMALL-CAP | ||||||||
SKT | 1.9B | 421.4M | -3.41% | 12.84% | 22.56 | 4.55 | 3.35% | 1705.32% |
SLG | 1.7B | 826.7M | -30.54% | -63.53% | -22.04 | 2.08 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -7.76% | -1.93% | 11.27 | 5.46 | 12.08% | 1950.56% |
PGRE | 983.2M | 740.4M | -22.73% | -54.50% | -27.01 | 1.33 | 1.87% | -78.85% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 0.7% | 4,129 | 4,100 | 4,039 | 3,935 | 3,828 |
S&GA Expenses | 3.5% | 145 | 140 | 135 | 132 | 130 |
Costs and Expenses | 1.1% | 4,223 | 4,178 | 4,198 | 4,004 | 3,990 |
EBITDA | 0.1% | 1,571 | 1,570 | 1,490 | 1,543 | - |
EBITDA Margin | -0.6% | 0.38* | 0.38* | 0.44* | 0.39* | - |
Earnings Before Taxes | -21.8% | -94.14 | -77.32 | -158 | -68.94 | -162 |
EBT Margin | -20.9% | -0.02* | -0.02* | -0.05* | -0.02* | - |
Interest Expenses | 2.8% | 468 | 455 | 444 | 440 | 440 |
Net Income | -11.7% | -40.93 | -36.65 | 23.00 | 153 | 57.00 |
Net Income Margin | -10.9% | -0.01* | -0.01* | 0.01* | 0.04* | - |
Free Cahsflow | 0.1% | 1,120 | 1,119 | 1,050 | 1,063 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -0.6% | 24,158 | 24,300 | 24,628 | 24,950 | 24,718 |
Cash Equivalents | -15.5% | 123 | 145 | 127 | 150 | 150 |
Goodwill | 0.1% | 1,044 | 1,043 | 1,045 | 1,046 | 1,046 |
Liabilities | 0.5% | 13,672 | 13,610 | 13,742 | 13,844 | 13,492 |
Shareholder's Equity | -2.0% | 10,153 | 10,361 | 10,603 | 10,793 | 10,854 |
Retained Earnings | -4.3% | -5,449 | -5,223 | -5,044 | -4,821 | -4,679 |
Additional Paid-In Capital | 0.0% | 15,540 | 15,533 | 15,514 | 15,478 | 15,499 |
Minority Interest | -2.6% | 69.00 | 71.00 | 91.00 | 95.00 | 91.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 0.1% | 1,120 | 1,119 | 1,050 | 1,063 | 1,026 |
Share Based Compensation | -11.2% | 31.00 | 35.00 | 33.00 | 32.00 | 32.00 |
Cashflow From Investing | -17.2% | -859 | -733 | -1,162 | -1,058 | -724 |
Cashflow From Financing | 26.0% | -283 | -383 | 15.00 | -16.02 | -558 |
Dividend Payments | 0.0% | 720 | 720 | 709 | 698 | 687 |
68.5%
38.9%
28.5%
Y-axis is the maximum loss one would have experienced if Ventas was unfortunately bought at previous high price.
1.6%
0.4%
2.9%
16.0%
FIve years rolling returns for Ventas.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 9.32 | 69,966 | 366,966 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -50.46 | -8,578,980 | 10,724,000 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -1.79 | 106,000 | 1,160,000 | 0.01% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 451 | 451 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 22,525 | 22,525 | -% |
2023-02-28 | Voya Investment Management LLC | added | 2.8 | 843,321 | 6,357,320 | 0.01% |
2023-02-27 | ST GERMAIN D J CO INC | new | - | 10,587 | 10,587 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | new | - | 1,036 | 1,036 | -% |
2023-02-24 | BBJS FINANCIAL ADVISORS, LLC | new | - | 474,215 | 474,215 | 0.21% |
2023-02-24 | NATIXIS | sold off | -100 | -1,640,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 16.38% | 65,465,237 | SC 13G/A | |
Feb 07, 2023 | state street corp | 7.28% | 29,092,604 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 11.1% | 44,478,452 | SC 13G/A | |
Jan 13, 2023 | jpmorgan chase & co | 6.3% | 25,557,048 | SC 13G | |
Feb 14, 2022 | state street corp | 6.59% | 26,324,409 | SC 13G/A | |
Feb 14, 2022 | cohen & steers, inc. | 3.60% | 14,383,334 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 15.92% | 63,553,153 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G | |
Jan 27, 2022 | blackrock inc. | 10.6% | 42,415,032 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 10, 2023 | 10-K | Annual Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-06 | Liebbe Gregory R | sold (taxes) | -20,529 | 48.88 | -420 | svp, chief accounting officer |
2023-03-05 | Liebbe Gregory R | sold (taxes) | -23,527 | 48.51 | -485 | svp, chief accounting officer |
2023-03-04 | Hutchens James Justin | sold (taxes) | -479,667 | 48.51 | -9,888 | evp senior housing and cio |
2023-03-04 | Roberts Carey S. | sold (taxes) | -475,689 | 48.51 | -9,806 | evp and gc |
2023-03-03 | Liebbe Gregory R | acquired | - | - | 5,490 | svp, chief accounting officer |
2023-02-24 | CAFARO DEBRA A | sold (taxes) | -306,339 | 49.69 | -6,165 | chairman and ceo |
2023-02-24 | Bulgarelli Peter J. | sold (taxes) | -81,541 | 49.69 | -1,641 | pres&ceo-lhs/evp office-ventas |
2023-02-24 | Probst Robert F | sold (taxes) | -142,859 | 49.69 | -2,875 | evp and cfo |
2023-02-02 | CAFARO DEBRA A | sold | -1,736,830 | 52.74 | -32,932 | chairman and ceo |
2023-02-02 | CAFARO DEBRA A | acquired | 1,707,520 | 51.85 | 32,932 | chairman and ceo |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |||
Rental income | $ 350,982 | $ 383,052 | $ 1,051,721 | $ 1,100,003 | ||
Income from loans and investments | 12,672 | 28,729 | 33,271 | 65,404 | ||
Interest and other income | 489 | 417 | 2,191 | 1,343 | ||
Total revenues | 1,037,276 | 976,078 | 3,077,768 | 2,805,563 | ||
Interest | 119,413 | 108,816 | 344,158 | 329,634 | ||
Depreciation and amortization | 301,481 | 313,596 | 873,620 | 878,444 | ||
Property-level operating expenses | 569,826 | 523,328 | 1,686,906 | 1,504,123 | ||
Office building and other services costs | 1,750 | 522 | 4,473 | 1,798 | ||
General, administrative and professional fees | 35,421 | 30,259 | 111,334 | 101,156 | ||
Loss on extinguishment of debt, net | 574 | 29,792 | 581 | 56,808 | ||
Transaction expenses and deal costs | 4,782 | 22,662 | 37,852 | 28,000 | ||
Allowance on loans receivable and investments | (63) | (60) | (179) | (9,021) | ||
Other | 9,162 | 33,673 | 30,088 | 10,755 | ||
Total expenses | 1,042,346 | 1,062,588 | 3,088,833 | 2,901,697 | ||
Loss before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests | (5,070) | (86,510) | (11,065) | (96,134) | ||
Income (loss) from unconsolidated entities | 1,970 | 2,772 | (3,346) | 7,289 | ||
Gain on real estate dispositions | 136 | 150,292 | 2,557 | 194,083 | ||
Income tax benefit (expense) | 6,027 | (3,780) | 14,307 | (9,574) | ||
Income from continuing operations | 3,063 | 62,774 | 2,453 | 95,664 | ||
Net income | 3,063 | 62,774 | 2,453 | 95,664 | ||
Net income attributable to noncontrolling interests | 1,807 | 2,094 | 4,881 | 5,802 | ||
Net income (loss) attributable to common stockholders | $ 1,256 | $ 60,680 | $ (2,428) | $ 89,862 | ||
Basic: | ||||||
Income from continuing operations, basic (in usd per share) | $ 0.01 | $ 0.16 | $ 0.01 | $ 0.25 | ||
Net income (loss) attributable to common stockholders, basic (in usd per share) | 0.00 | 0.16 | (0.01) | 0.24 | ||
Diluted: | ||||||
Income from continuing operations, diluted (in usd per share) | [1] | 0.01 | 0.16 | 0.01 | 0.25 | |
Net income (loss) attributable to common stockholders, diluted (in usd per share) | [1] | $ 0.00 | $ 0.16 | $ (0.01) | $ 0.24 | |
Triple-Net Leased Properties | ||||||
Rental income | $ 150,115 | $ 181,379 | $ 451,073 | $ 500,487 | ||
Property-level operating expenses | 3,756 | 3,268 | 12,525 | |||
Office Operations | ||||||
Rental income | 200,867 | 201,673 | 600,648 | 599,516 | ||
Property-level operating expenses | 66,098 | 66,401 | 195,297 | |||
Resident fees and services | ||||||
Other revenues | 668,583 | 558,039 | 1,977,760 | 1,622,641 | ||
Office building and other services revenue | ||||||
Other revenues | 4,550 | 5,841 | $ 12,825 | 16,172 | ||
Senior housing | ||||||
Property-level operating expenses | $ 499,972 | $ 453,659 | $ 1,296,301 | |||
|
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
---|---|---|
Real estate investments: | ||
Land and improvements | $ 2,421,114 | $ 2,432,065 |
Buildings and improvements | 25,975,744 | 25,778,490 |
Construction in progress | 258,281 | 269,315 |
Acquired lease intangibles | 1,341,483 | 1,369,747 |
Operating lease assets | 312,902 | 317,858 |
Gross real estate investments | 30,309,524 | 30,167,475 |
Accumulated depreciation and amortization | (9,031,591) | (8,350,637) |
Net real estate property | 21,277,933 | 21,816,838 |
Secured loans receivable and investments, net | 529,317 | 530,126 |
Investments in unconsolidated real estate entities | 547,766 | 523,465 |
Net real estate investments | 22,355,016 | 22,870,429 |
Cash and cash equivalents | 145,146 | 149,725 |
Escrow deposits and restricted cash | 50,492 | 46,872 |
Goodwill | 1,043,289 | 1,046,140 |
Assets held for sale | 99,450 | 28,399 |
Deferred income tax assets, net | 13,614 | 11,152 |
Other assets | 593,404 | 565,069 |
Total assets | 24,300,411 | 24,717,786 |
Liabilities: | ||
Senior notes payable and other debt | 12,210,984 | 12,027,544 |
Accrued interest | 92,663 | 106,602 |
Operating lease liabilities | 191,880 | 197,234 |
Accounts payable and other liabilities | 1,063,969 | 1,090,254 |
Liabilities related to assets held for sale | 9,491 | 10,850 |
Deferred income tax liabilities | 40,717 | 59,259 |
Total liabilities | 13,609,704 | 13,491,743 |
Redeemable OP unitholder and noncontrolling interests | 258,795 | 280,283 |
Commitments and contingencies | ||
Ventas stockholders’ equity: | ||
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued | 0 | 0 |
Common stock, $0.25 par value; 600,000 shares authorized, 399,725 and 399,420 shares issued at September 30, 2022 and December 31, 2021, respectively | 99,914 | 99,838 |
Capital in excess of par value | 15,533,203 | 15,498,956 |
Accumulated other comprehensive loss | (47,309) | (64,520) |
Retained earnings (deficit) | (5,223,902) | (4,679,889) |
Treasury stock, 10 and 0 shares issued at September 30, 2022 and December 31, 2021, respectively | (547) | 0 |
Total Ventas stockholders’ equity | 10,361,359 | 10,854,385 |
Noncontrolling interests | 70,553 | 91,375 |
Total equity | 10,431,912 | 10,945,760 |
Total liabilities and equity | $ 24,300,411 | $ 24,717,786 |