Equities Analysts Offer Predictions for Senior Housing Properties Trust’s FY2018 Earnings (SNH)

Senior Housing Properties Trust (NASDAQ:SNH) – Equities researchers at Cantor Fitzgerald lowered their FY2018 earnings per share (EPS) estimates for shares of Senior Housing Properties Trust in a research report issued on Thursday, Zacks Investment Research reports. Cantor Fitzgerald analyst J. France now anticipates that the real estate investment trust will earn $1.80 per share for the year, down from their prior forecast of $1.81.

Several other analysts also recently weighed in on SNH. Zacks Investment Research downgraded Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. BidaskClub downgraded Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research note on Friday, October 27th. Robert W. Baird restated a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, November 3rd. B. Riley restated a “buy” rating on shares of Senior Housing Properties Trust in a research note on Wednesday, November 1st. Finally, ValuEngine upgraded Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $21.19.

Shares of Senior Housing Properties Trust (NASDAQ SNH) opened at $17.33 on Monday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market capitalization of $4,120.00, a PE ratio of 32.70, a PEG ratio of 2.75 and a beta of 0.48. Senior Housing Properties Trust has a 52 week low of $16.80 and a 52 week high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.01). The business had revenue of $266.68 million for the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The firm’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, January 29th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, January 26th. This represents a $1.56 annualized dividend and a dividend yield of 9.00%. Senior Housing Properties Trust’s payout ratio is 294.34%.

Several hedge funds have recently modified their holdings of SNH. Prudential Financial Inc. lifted its position in shares of Senior Housing Properties Trust by 16.8% during the third quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock worth $58,576,000 after purchasing an additional 431,702 shares during the last quarter. Commerzbank Aktiengesellschaft FI lifted its holdings in Senior Housing Properties Trust by 134.6% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 511,819 shares of the real estate investment trust’s stock worth $9,801,000 after acquiring an additional 293,627 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Senior Housing Properties Trust by 3.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 5,416,808 shares of the real estate investment trust’s stock worth $103,732,000 after acquiring an additional 177,663 shares during the last quarter. Sterling Capital Management LLC bought a new position in Senior Housing Properties Trust in the third quarter worth about $2,308,000. Finally, AMP Capital Investors Ltd lifted its holdings in Senior Housing Properties Trust by 301.8% in the third quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock worth $2,874,000 after acquiring an additional 110,400 shares during the last quarter. 73.92% of the stock is currently owned by institutional investors and hedge funds.

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About Senior Housing Properties Trust

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

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