Brokerages Expect Senior Housing Properties Trust (SNH) to Post $0.45 Earnings Per Share

Brokerages expect Senior Housing Properties Trust (NASDAQ:SNH) to announce earnings of $0.45 per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Senior Housing Properties Trust’s earnings, with estimates ranging from $0.42 to $0.47. Senior Housing Properties Trust reported earnings per share of $0.46 in the same quarter last year, which would indicate a negative year over year growth rate of 2.2%. The business is expected to report its next quarterly earnings results on Friday, May 4th.

On average, analysts expect that Senior Housing Properties Trust will report full year earnings of $1.73 per share for the current financial year, with EPS estimates ranging from $1.61 to $1.85. For the next fiscal year, analysts expect that the business will post earnings of $1.81 per share, with EPS estimates ranging from $1.78 to $1.86. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Senior Housing Properties Trust.

How to Become a New Pot Stock Millionaire

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

SNH has been the subject of a number of research analyst reports. BidaskClub downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Monday, December 25th. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. B. Riley set a $24.00 price objective on shares of Senior Housing Properties Trust and gave the stock a “buy” rating in a report on Wednesday, January 24th. Robert W. Baird reaffirmed a “neutral” rating and set a $19.00 price objective (down from $20.00) on shares of Senior Housing Properties Trust in a report on Friday, January 5th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating on shares of Senior Housing Properties Trust in a report on Wednesday, February 21st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $19.45.

NASDAQ SNH opened at $15.77 on Friday. Senior Housing Properties Trust has a 52-week low of $14.90 and a 52-week high of $22.52. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12. The firm has a market cap of $3,752.11, a PE ratio of 9.98, a P/E/G ratio of 2.33 and a beta of 0.41.

A number of large investors have recently modified their holdings of the stock. Security Capital Research & Management Inc. raised its position in Senior Housing Properties Trust by 61.2% in the 4th quarter. Security Capital Research & Management Inc. now owns 11,326,407 shares of the real estate investment trust’s stock worth $216,901,000 after purchasing an additional 4,298,239 shares during the period. LSV Asset Management raised its position in Senior Housing Properties Trust by 9.0% in the 4th quarter. LSV Asset Management now owns 10,618,715 shares of the real estate investment trust’s stock worth $203,348,000 after purchasing an additional 874,700 shares during the period. Schwab Charles Investment Management Inc. raised its position in Senior Housing Properties Trust by 3.4% in the 4th 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 purchasing an additional 177,663 shares during the period. Prudential Financial Inc. raised its position in Senior Housing Properties Trust by 16.8% in the 3rd 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 period. Finally, Geode Capital Management LLC raised its position in Senior Housing Properties Trust by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 2,895,527 shares of the real estate investment trust’s stock worth $55,449,000 after purchasing an additional 150,478 shares during the period. Institutional investors own 75.04% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/04/08/brokerages-expect-senior-housing-properties-trust-snh-to-post-0-45-earnings-per-share.html.

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.

Get a free copy of the Zacks research report on Senior Housing Properties Trust (SNH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply