Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Based in Chicago, Illinois, Ventas, Inc. is a healthcare real estate investment trust (REIT) engaged in the acquisition, ownership, and leasing of senior housing, life science, research & innovation (R&I), and healthcare properties. Valued at a market cap of $26.1 billion, the company offers MOB management, leasing, marketing, facility development, and advisory services to hospitals & health systems.
Companies worth more than $10 billion are generally described as “large-cap” stocks, and Ventas fit right into that category. The company has a portfolio of approximately 1,350 properties. It is renowned for its seasoned team of talented professionals who share a commitment to excellence, integrity, and a common purpose of helping people live longer, healthier, happier lives.
Shares of VTR are trading 1.8% below their 52-week high of $65.64, which they hit on Sep. 13. VTR has gained 28.2% over the past three months, surpassing the broader S&P 500 Index’s ($SPX) 2.7% returns over the same time frame.
In the longer term, VTR stock is up 29.3% on a YTD basis, surpassing SPX’s 18.1% gains. Moreover, shares of VTR have gained 47.5% over the past 52 weeks, outperforming SPX’s 26.5% returns over the same time frame.
To confirm its bullish trend, VTR has been trading above its 200-day moving average since early May and has remained above its 50-day moving average since late April.
Shares of VTR gained 2% following its Q2 earnings release on Aug. 1. The company reported an FFO of $0.80 per share, which surpassed Wall Street estimates of $0.79. It also surpassed the revenue forecasts, posting $1.2 billion compared to the expected $1.19 billion. Ventas raised the full-year FFO outlook to $3.12 - $3.18 per share, further boosting investor confidence.
However, VTR has lagged behind its rival, Welltower Inc. (WELL), which gained 50.8% over the past 52 weeks and 41.8% on a YTD basis.
Given that VTR outperformed the broader market, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from 19 analysts in coverage, and as of writing, the company is trading above its mean price target of $63.
On the date of publication, Rashmi Kumari did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policyhere.
Ventas VTR secured an agreement (“2024 Kindred Agreements”) with Kindred Healthcare, LLC and its parent company, ScionHealth. This agreement is regarding 23 long-term acute care hospitals (“LTACs”) whose lease term is scheduled to mature on April 30, 2025, under the existing master lease between Ventas and Kindred.
This move enhances patient care facilities, strengthens the existing master lease and provide upside for Ventas. The company also obtains rights to additional revenue-sharing rent and warrants.
The transactions outlined in the 2024 Kindred Agreements allow Kindred to enhance its credit profile.
2024 Kindred Agreements’ Key Terms
Under the agreement, starting from May 1, 2025, Ventas has set the initial annualized cash contractual base rent for the LTACs at $80 million. This rent will escalate annually by 2.75% through the extended lease maturity date of April 30, 2030.
Moreover, Ventas is entitled to receive additional revenue-sharing rent annually if revenues generated from these assets surpass specified thresholds. Also, ScionHealth has provided Ventas with warrants for 9.9% of its common equity. Kindred has agreed to pay full contractual cash rent for the LTACs through April 2025.
The agreements encompasses Ventas's acquisition of the real estate and related property of five performing LTAC assets for $189 million. Kindred will continue to manage these assets under the existing master lease for an initial duration of 10 years, commencing with an annual cash rent of $16 million.
ScionHealth has committed to utilizing the proceeds to enhance its credit profile and for other corporate purposes.
The transactions are expected to enhance EBITDARM to rent coverage under the Master Lease to a minimum of 1.3 times. ScionHealth will continue to guarantee Kindred's obligations under the Master Lease.
Ventas anticipates that the aggregate non-cash effect on its 2024 normalized FFO per share, associated with the LTAC lease extension, will align with its guidance previously issued for the year, beginning in the third quarter. The projected annualized impact on normalized FFO from the investment in performing LTACs, entirely financed through equity, is estimated to be around 1 cent per share.
Wrapping Up
Ventas’ diverse portfolio of healthcare real estate assets in the key markets of the United States and the United Kingdom. is well-poised to capitalize on the favorable industry fundamentals. The company is well-prepared for a compelling multiyear growth opportunity and with such long-term leases and agreements, its high-quality portfolio assures steady growth in cash flows.
In the past three months, shares of this Zacks Rank #3 (Hold) company have gained 28.7%, outperforming its industry’s growth of 20.6%.
Stocks to Consider
Some better-ranked stocks from the healthcare REIT sector are Healthpeak Properties, Inc. DOC and Sabra Healthcare REIT SBRA, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Healthpeak’s 2024 FFO per share is pegged at $1.80, indicating an increase of 1.1% from the year-ago reported figure.
The Zacks Consensus Estimate for Sabra’s 2024 FFO per share is pinned at $1.41, suggesting year-over-year growth of 6%.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
Zacks Investment Research
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.