Senior Housing Properties Trust (SNH) Expected to Announce Earnings of $0.45 Per Share

Brokerages forecast that Senior Housing Properties Trust (NASDAQ:SNH) will report $0.45 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for Senior Housing Properties Trust’s earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.46. Senior Housing Properties Trust posted earnings per share of $0.46 during the same quarter last year, which would suggest a negative year-over-year growth rate of 2.2%. The company is scheduled to report its next quarterly earnings report on Friday, May 4th.

According to Zacks, analysts expect that Senior Housing Properties Trust will report full year earnings of $1.73 per share for the current fiscal year, with EPS estimates ranging from $1.61 to $1.85. For the next year, analysts expect that the business will report earnings of $1.81 per share, with EPS estimates ranging from $1.77 to $1.86. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Senior Housing Properties Trust.

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

Several brokerages have recently issued reports on SNH. B. Riley set a $24.00 price target on shares of Senior Housing Properties Trust and gave the stock a “buy” rating in a report on Wednesday, January 24th. Robert W. Baird reiterated a “neutral” rating and set a $19.00 price target (down from $20.00) on shares of Senior Housing Properties Trust in a report on Friday, January 5th. ValuEngine downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Cantor Fitzgerald lowered their price target on shares of Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Finally, BidaskClub upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. 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’s stock. Senior Housing Properties Trust presently has an average rating of “Hold” and a consensus target price of $19.45.

Shares of NASDAQ:SNH opened at $15.63 on Friday. The firm has a market cap of $3,714.09, a PE ratio of 9.83, a P/E/G ratio of 2.31 and a beta of 0.41. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.78 and a quick ratio of 0.78. Senior Housing Properties Trust has a 52-week low of $14.90 and a 52-week high of $22.52.

Institutional investors have recently modified their holdings of the stock. Cue Financial Group Inc. grew its stake in shares of Senior Housing Properties Trust by 9.0% in the fourth quarter. Cue Financial Group Inc. now owns 47,425 shares of the real estate investment trust’s stock worth $908,000 after purchasing an additional 3,900 shares during the last quarter. Rational Advisors LLC boosted its position in Senior Housing Properties Trust by 27.9% during the fourth quarter. Rational Advisors LLC now owns 22,910 shares of the real estate investment trust’s stock valued at $439,000 after acquiring an additional 5,000 shares during the last quarter. Prudential Financial Inc. boosted its position in Senior Housing Properties Trust by 16.8% during the third quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock valued at $58,576,000 after acquiring an additional 431,702 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Senior Housing Properties Trust by 31.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 109,500 shares of the real estate investment trust’s stock valued at $2,097,000 after acquiring an additional 26,000 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in Senior Housing Properties Trust by 318.0% during the fourth quarter. Teacher Retirement System of Texas now owns 81,969 shares of the real estate investment trust’s stock valued at $1,570,000 after acquiring an additional 62,360 shares during the last quarter. 75.04% of the stock is currently owned by institutional investors.

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

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