Analysts Expect Senior Housing Properties Trust (SNH) Will Post Earnings of $0.43 Per Share

Wall Street brokerages forecast that Senior Housing Properties Trust (NASDAQ:SNH) will report $0.43 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Senior Housing Properties Trust’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.50. Senior Housing Properties Trust reported earnings per share of $0.18 in the same quarter last year, which suggests a positive year over year growth rate of 138.9%. The firm is scheduled to issue its next quarterly earnings results on Monday, February 26th.

According to Zacks, analysts expect that Senior Housing Properties Trust will report full-year earnings of $1.78 per share for the current fiscal year, with EPS estimates ranging from $1.69 to $1.84. For the next financial year, analysts expect that the firm will report earnings of $1.83 per share, with EPS estimates ranging from $1.56 to $1.92. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Senior Housing Properties Trust.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The company had revenue of $266.68 million during the quarter, compared to analysts’ expectations of $266.23 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. The company’s revenue was up 1.0% compared to the same quarter last year.

Several research analysts recently weighed in on the company. B. Riley restated a “buy” rating on shares of Senior Housing Properties Trust in a research note on Wednesday, November 1st. UBS AG lowered their price target on Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. BidaskClub raised Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 9th. ValuEngine raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a research report on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. Senior Housing Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $21.44.

Shares of Senior Housing Properties Trust (NASDAQ:SNH) traded up $0.02 during mid-day trading on Wednesday, reaching $19.49. The company had a trading volume of 153,132 shares, compared to its average volume of 1,460,070. Senior Housing Properties Trust has a 1 year low of $17.14 and a 1 year high of $22.52. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4,607.65, a P/E ratio of 10.54, a price-to-earnings-growth ratio of 3.49 and a beta of 0.46.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd were paid a dividend of $0.39 per share. The ex-dividend date was Friday, October 20th. This represents a $1.56 annualized dividend and a yield of 8.00%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is currently 294.34%.

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Several hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its holdings in Senior Housing Properties Trust by 28.4% in the third quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock valued at $9,325,000 after acquiring an additional 105,470 shares during the last quarter. Belpointe Asset Management LLC acquired a new position in Senior Housing Properties Trust in the third quarter valued at approximately $436,000. Cetera Advisors LLC lifted its holdings in Senior Housing Properties Trust by 30.8% in the third quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 3,070 shares during the last quarter. Eii Capital Management Inc. acquired a new position in Senior Housing Properties Trust in the third quarter valued at approximately $1,156,000. Finally, Sterling Capital Management LLC acquired a new position in Senior Housing Properties Trust in the third quarter valued at approximately $2,308,000. Institutional investors and hedge funds own 73.21% of the company’s stock.

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.

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