Senior Housing Properties Trust (SNH) Expected to Announce Earnings of $0.26 Per Share

Equities analysts forecast that Senior Housing Properties Trust (NASDAQ:SNH) will report $0.26 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Senior Housing Properties Trust’s earnings, with estimates ranging from $0.21 to $0.35. Senior Housing Properties Trust posted earnings per share of $0.25 during the same quarter last year, which would indicate a positive year over year growth rate of 4%. The firm is expected to issue its next earnings results before the market opens on Friday, March 1st.

According to Zacks, analysts expect that Senior Housing Properties Trust will report full year earnings of $1.57 per share for the current financial year, with EPS estimates ranging from $1.52 to $1.66. For the next fiscal year, analysts anticipate that the business will post earnings of $1.69 per share, with EPS estimates ranging from $1.56 to $1.80. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Senior Housing Properties Trust.

A number of research analysts have recently commented on SNH shares. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, December 4th. B. Riley cut their price target on shares of Senior Housing Properties Trust from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, November 12th. BidaskClub upgraded shares of Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Friday, January 25th. Wells Fargo & Co upgraded shares of Senior Housing Properties Trust from a “market perform” rating to an “outperform” rating in a report on Monday, December 3rd. Finally, FBR & Co set a $24.00 target price on shares of Senior Housing Properties Trust and gave the stock a “buy” rating in a report on Thursday, December 20th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $18.13.

SNH stock traded up $0.17 during mid-day trading on Friday, reaching $14.13. 1,425,110 shares of the stock traded hands, compared to its average volume of 1,783,768. The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 1.09. Senior Housing Properties Trust has a one year low of $11.13 and a one year high of $19.17. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 8.94, a price-to-earnings-growth ratio of 2.71 and a beta of 0.87.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 21st. Shareholders of record on Monday, January 28th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 11.04%. The ex-dividend date is Friday, January 25th. Senior Housing Properties Trust’s payout ratio is 98.73%.

A number of institutional investors have recently modified their holdings of the business. Morgan Stanley lifted its position in shares of Senior Housing Properties Trust by 4.4% during the third quarter. Morgan Stanley now owns 7,046,976 shares of the real estate investment trust’s stock valued at $123,746,000 after buying an additional 297,136 shares during the last quarter. Belpointe Asset Management LLC lifted its position in shares of Senior Housing Properties Trust by 5.5% during the third quarter. Belpointe Asset Management LLC now owns 22,910 shares of the real estate investment trust’s stock valued at $402,000 after buying an additional 1,196 shares during the last quarter. Verition Fund Management LLC lifted its position in shares of Senior Housing Properties Trust by 9.0% during the third quarter. Verition Fund Management LLC now owns 44,076 shares of the real estate investment trust’s stock valued at $774,000 after buying an additional 3,633 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Senior Housing Properties Trust by 211.0% during the third quarter. Janus Henderson Group PLC now owns 83,632 shares of the real estate investment trust’s stock valued at $1,469,000 after buying an additional 56,745 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of Senior Housing Properties Trust during the third quarter valued at about $8,146,000. Institutional investors own 72.82% of the company’s stock.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), or RMR Inc, an alternative asset management company that is headquartered in Newton, MA.

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Earnings History and Estimates for Senior Housing Properties Trust (NASDAQ:SNH)

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