New Senior Investment Group Inc (NYSE:SNR) Announces Dividend of $0.13

New Senior Investment Group Inc (NYSE:SNR) announced a dividend on Friday, November 1st, Fidelity reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.13 per share by the real estate investment trust on Friday, December 20th. The ex-dividend date is Thursday, December 5th.

Shares of NYSE SNR traded up $0.10 during mid-day trading on Tuesday, reaching $7.97. The company had a trading volume of 148,507 shares, compared to its average volume of 433,813. The firm has a market cap of $652.90 million, a price-to-earnings ratio of 13.99 and a beta of 0.82. The business’s 50-day simple moving average is $7.44 and its 200 day simple moving average is $6.82. New Senior Investment Group has a one year low of $4.04 and a one year high of $8.11. The company has a debt-to-equity ratio of 7.31, a quick ratio of 1.06 and a current ratio of 1.06.

SNR has been the subject of several recent analyst reports. Zacks Investment Research raised shares of New Senior Investment Group from a “hold” rating to a “buy” rating and set a $8.50 price objective for the company in a research report on Saturday, November 9th. Capital One Financial raised shares of New Senior Investment Group from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $7.50 to $8.50 in a report on Monday, November 4th. Finally, Morgan Stanley boosted their target price on shares of New Senior Investment Group from $5.25 to $6.25 and gave the company an “equal weight” rating in a research report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $7.65.

About New Senior Investment Group

New Senior Investment Group Inc (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. As of December 31, 2018, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

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Dividend History for New Senior Investment Group (NYSE:SNR)

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