Senior Housing Properties Trust Expected to Post FY2018 Earnings of $1.61 Per Share (SNH)

Senior Housing Properties Trust (NASDAQ:SNH) – Research analysts at Jefferies Group dropped their FY2018 EPS estimates for shares of Senior Housing Properties Trust in a research report issued on Thursday, April 5th. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $1.61 per share for the year, down from their previous forecast of $1.86. Jefferies Group also issued estimates for Senior Housing Properties Trust’s FY2019 earnings at $1.82 EPS and FY2020 earnings at $1.80 EPS.

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Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.03). The firm had revenue of $278.57 million during the quarter, compared to the consensus estimate of $277.99 million. Senior Housing Properties Trust had a net margin of 13.73% and a return on equity of 4.43%. Senior Housing Properties Trust’s revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share.

A number of other research analysts also recently commented on the company. BidaskClub downgraded Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Monday, December 25th. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 27th. B. Riley set a $24.00 price target on Senior Housing Properties Trust and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Robert W. Baird reissued a “neutral” rating and issued a $19.00 price target (down previously from $20.00) on shares of Senior Housing Properties Trust in a research note on Friday, January 5th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of Senior Housing Properties Trust in a research note on Wednesday, February 21st. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.45.

Shares of SNH opened at $15.77 on Friday. The firm has a market cap of $3,799.64, a P/E ratio of 9.98, a P/E/G ratio of 2.32 and a beta of 0.41. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12. Senior Housing Properties Trust has a 12 month low of $14.90 and a 12 month high of $22.52.

Several institutional investors have recently made changes to their positions in the company. Fiduciary Financial Services of The Southwest Inc. TX lifted its holdings in shares of Senior Housing Properties Trust by 1.4% during the fourth quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 210,355 shares of the real estate investment trust’s stock valued at $4,028,000 after purchasing an additional 2,966 shares during the last quarter. Cetera Advisors LLC lifted its stake in 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 worth $254,000 after acquiring an additional 3,070 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in 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 worth $9,827,000 after acquiring an additional 3,071 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Senior Housing Properties Trust by 23.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock worth $383,000 after acquiring an additional 3,801 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Senior Housing Properties Trust by 5.9% in the 4th quarter. Raymond James & Associates now owns 68,986 shares of the real estate investment trust’s stock worth $1,321,000 after acquiring an additional 3,838 shares in the last quarter. Institutional investors and hedge funds own 75.04% of the company’s stock.

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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.

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

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