Senior Housing Properties Trust (SNH) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Senior Housing Properties Trust (NASDAQ:SNH) have been assigned a consensus recommendation of “Hold” from the ten analysts that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $18.00.

SNH has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. ValuEngine downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, October 31st. Jefferies Financial Group downgraded shares of Senior Housing Properties Trust from a “hold” rating to an “underperform” rating in a report on Friday, November 16th. BidaskClub downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. Finally, B. Riley lowered their target price on shares of Senior Housing Properties Trust from $23.00 to $21.00 and set a “buy” rating for the company in a report on Monday, November 12th.

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Senior Housing Properties Trust by 2.7% in the third quarter. BlackRock Inc. now owns 27,748,965 shares of the real estate investment trust’s stock valued at $487,273,000 after acquiring an additional 718,416 shares during the period. Morgan Stanley boosted its position in shares of Senior Housing Properties Trust by 4.4% in 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 acquiring an additional 297,136 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Senior Housing Properties Trust by 2.0% in the third quarter. Bank of New York Mellon Corp now owns 3,852,268 shares of the real estate investment trust’s stock valued at $67,646,000 after acquiring an additional 75,500 shares during the period. Northern Trust Corp boosted its position in shares of Senior Housing Properties Trust by 19.3% in the second quarter. Northern Trust Corp now owns 3,826,166 shares of the real estate investment trust’s stock valued at $69,215,000 after acquiring an additional 619,650 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Senior Housing Properties Trust by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 3,770,978 shares of the real estate investment trust’s stock valued at $66,216,000 after acquiring an additional 18,044 shares during the period. Institutional investors own 72.87% of the company’s stock.

SNH opened at $13.72 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 4.49 and a current ratio of 4.49. Senior Housing Properties Trust has a 1-year low of $13.06 and a 1-year high of $19.98. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 2.29 and a beta of 0.46.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.03). Senior Housing Properties Trust had a return on equity of 13.42% and a net margin of 42.36%. The business had revenue of $279.00 million for the quarter, compared to analyst estimates of $279.10 million. During the same quarter in the previous year, the company posted $0.14 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. On average, equities research analysts anticipate that Senior Housing Properties Trust will post 1.58 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Monday, October 29th were given a $0.39 dividend. The ex-dividend date of this dividend was Friday, October 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.37%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is currently 98.73%.

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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Analyst Recommendations for Senior Housing Properties Trust (NASDAQ:SNH)

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