FY2018 EPS Estimates for Senior Housing Properties Trust (SNH) Lowered by Cantor Fitzgerald

Senior Housing Properties Trust (NASDAQ:SNH) – Equities research analysts at Cantor Fitzgerald reduced their FY2018 earnings per share estimates for Senior Housing Properties Trust in a report issued on Thursday. Cantor Fitzgerald analyst J. France now forecasts that the real estate investment trust will earn $1.80 per share for the year, down from their prior estimate of $1.81.

SNH has been the topic of a number of other research reports. Jefferies Group restated a “hold” rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. Zacks Investment Research lowered Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. B. Riley restated a “buy” rating and set a $24.00 price objective on shares of Senior Housing Properties Trust in a research note on Monday, November 13th. Robert W. Baird restated a “neutral” rating and set a $19.00 price objective (down previously from $20.00) on shares of Senior Housing Properties Trust in a research note on Friday, January 5th. Finally, Royal Bank of Canada restated a “hold” rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a research note on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Senior Housing Properties Trust has a consensus rating of “Hold” and a consensus target price of $21.19.

Senior Housing Properties Trust (NASDAQ:SNH) traded down $0.21 during trading hours on Monday, reaching $17.82. The company had a trading volume of 1,251,381 shares, compared to its average volume of 1,358,626. The firm has a market cap of $4,230.00, a PE ratio of 33.62, a P/E/G ratio of 3.25 and a beta of 0.48. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.33 and a current ratio of 1.33. Senior Housing Properties Trust has a 1-year low of $17.70 and a 1-year high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). The firm had revenue of $266.68 million for the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a return on equity of 4.40% and a net margin of 13.41%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.45 earnings per share.

Several institutional investors and hedge funds have recently modified their holdings of the company. Cetera Advisors LLC increased its stake in shares of Senior Housing Properties Trust by 30.8% in the 3rd quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock valued at $254,000 after purchasing an additional 3,070 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in shares of Senior Housing Properties Trust by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock valued at $9,827,000 after purchasing an additional 3,071 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Senior Housing Properties Trust by 4.6% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 87,531 shares of the real estate investment trust’s stock valued at $1,712,000 after purchasing an additional 3,845 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in shares of Senior Housing Properties Trust during the 3rd quarter valued at $436,000. Finally, Stifel Financial Corp boosted its holdings in shares of Senior Housing Properties Trust by 63.9% during the 3rd quarter. Stifel Financial Corp now owns 64,753 shares of the real estate investment trust’s stock valued at $1,275,000 after acquiring an additional 25,241 shares in the last quarter. Institutional investors own 73.75% of the company’s stock.

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Senior Housing Properties Trust Company Profile

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.

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