earnings
confidence high
sentiment positive
materiality 0.75
Ventas reports 2024 FFO/share $3.19 (+7% YoY); increases dividend, provides 2025 guidance
Ventas, Inc.
2024-FY EPS reported
$0.19
revenue$4,924,266,000
- Attributable Net Income per share $0.19; Normalized FFO per share $3.19, up ~7% YoY.
- Total Same-Store Cash NOI grew 7.7% YoY; SHOP Same-Store Cash NOI up ~16% with occupancy +300 bps.
- Closed over $2B in investments (mostly senior housing); issued 37.3M shares for ~$2.2B gross proceeds.
- Liquidity $3.8B as of Dec 31, 2024; quarterly dividend increased (amount not disclosed in excerpt).
- 2025 outlook introduced; CEO cites strong demand for senior housing and muted supply.