Analysts forecast that Senior Housing Properties Trust (NASDAQ:SNH) will post $254.02 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Senior Housing Properties Trust’s earnings, with the highest sales estimate coming in at $256.01 million and the lowest estimate coming in at $250.56 million. Senior Housing Properties Trust posted sales of $278.97 million during the same quarter last year, which suggests a negative year-over-year growth rate of 8.9%. The company is scheduled to announce its next earnings results on Tuesday, November 5th.
According to Zacks, analysts expect that Senior Housing Properties Trust will report full-year sales of $1.02 billion for the current financial year, with estimates ranging from $998.16 million to $1.04 billion. For the next year, analysts expect that the firm will post sales of $1.71 billion, with estimates ranging from $1.67 billion to $1.75 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow Senior Housing Properties Trust.
Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.27. Senior Housing Properties Trust had a negative return on equity of 4.45% and a negative net margin of 7.31%. The business had revenue of $262.00 million for the quarter, compared to analysts’ expectations of $256.11 million. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The business’s revenue was down 5.5% on a year-over-year basis.
Large investors have recently added to or reduced their stakes in the stock. AGF Investments LLC raised its stake in shares of Senior Housing Properties Trust by 80.8% during the 2nd quarter. AGF Investments LLC now owns 3,066 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,370 shares during the period. Nordea Investment Management AB bought a new stake in shares of Senior Housing Properties Trust during the 4th quarter valued at $26,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Senior Housing Properties Trust during the 2nd quarter valued at $33,000. Cedar Wealth Management LLC raised its stake in shares of Senior Housing Properties Trust by 70.0% during the 2nd quarter. Cedar Wealth Management LLC now owns 4,857 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 2,000 shares during the period. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of Senior Housing Properties Trust during the 2nd quarter valued at $51,000. Institutional investors own 71.27% of the company’s stock.
Shares of NASDAQ SNH traded up $0.02 during trading on Monday, reaching $9.01. 1,110,439 shares of the stock traded hands, compared to its average volume of 2,691,338. Senior Housing Properties Trust has a 52-week low of $7.49 and a 52-week high of $19.17. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.41 and a quick ratio of 1.55. The company has a 50-day moving average of $8.49 and a 200-day moving average of $9.71. The stock has a market capitalization of $2.08 billion, a P/E ratio of 5.67, a price-to-earnings-growth ratio of 1.62 and a beta of 0.65.
The company also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Monday, July 29th were given a dividend of $0.15 per share. The ex-dividend date was Friday, July 26th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.66%. Senior Housing Properties Trust’s dividend payout ratio is presently 37.74%.
About Senior Housing Properties Trust
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.
Further Reading: How interest rates affect municipal bond prices
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.