Senior Housing Properties Trust (SNH) Expected to Announce Quarterly Sales of $285.92 Million

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Wall Street analysts expect that Senior Housing Properties Trust (NASDAQ:SNH) will report sales of $285.92 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Senior Housing Properties Trust’s earnings. The highest sales estimate is $289.70 million and the lowest is $280.02 million. Senior Housing Properties Trust reported sales of $278.57 million in the same quarter last year, which indicates a positive year-over-year growth rate of 2.6%. The company is scheduled to report its next earnings results before the market opens on Friday, March 1st.

On average, analysts expect that Senior Housing Properties Trust will report full-year sales of $1.13 billion for the current year, with estimates ranging from $1.11 billion to $1.17 billion. For the next year, analysts anticipate that the company will post sales of $1.13 billion, with estimates ranging from $1.09 billion to $1.15 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Senior Housing Properties Trust.

SNH has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. FBR & Co set a $24.00 price objective on shares of Senior Housing Properties Trust and gave the company a “buy” rating in a report on Thursday, December 20th. ValuEngine downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, October 31st. BidaskClub raised shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd. Finally, 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. Four research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $18.13.

NASDAQ SNH traded up $0.17 during trading on Friday, reaching $14.13. The company’s stock had a trading volume of 1,425,116 shares, compared to its average volume of 1,817,485. The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $3.36 billion, a P/E ratio of 8.94, a P/E/G ratio of 2.71 and a beta of 0.87. Senior Housing Properties Trust has a 12 month low of $11.13 and a 12 month high of $19.17.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 21st. Investors of record on Monday, January 28th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 11.04%. The ex-dividend date is Friday, January 25th. Senior Housing Properties Trust’s dividend payout ratio is 98.73%.

Hedge funds have recently added to or reduced their stakes in the stock. Cutler Group LP increased its position in Senior Housing Properties Trust by 161.5% during the 4th quarter. Cutler Group LP now owns 2,400 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 6,300 shares in the last quarter. Cedar Wealth Management LLC increased its position in Senior Housing Properties Trust by 72.4% during the 4th quarter. Cedar Wealth Management LLC now owns 2,857 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 1,200 shares in the last quarter. Quantamental Technologies LLC acquired a new position in Senior Housing Properties Trust during the 4th quarter worth approximately $57,000. Rehmann Capital Advisory Group increased its position in Senior Housing Properties Trust by 1,655.8% during the 3rd quarter. Rehmann Capital Advisory Group now owns 5,759 shares of the real estate investment trust’s stock worth $328,000 after purchasing an additional 5,431 shares in the last quarter. Finally, Braun Bostich & Associates Inc. increased its position in Senior Housing Properties Trust by 25.0% during the 4th quarter. Braun Bostich & Associates Inc. now owns 6,057 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 1,210 shares in the last quarter. Institutional investors and hedge funds own 72.82% of the company’s stock.

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.

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

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