Zacks: Analysts Expect Senior Housing Properties Trust (SNH) Will Post Quarterly Sales of $278.50 Million

Brokerages forecast that Senior Housing Properties Trust (NASDAQ:SNH) will report sales of $278.50 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Senior Housing Properties Trust’s earnings, with the highest sales estimate coming in at $281.35 million and the lowest estimate coming in at $275.92 million. Senior Housing Properties Trust reported sales of $274.30 million during the same quarter last year, which indicates a positive year-over-year growth rate of 1.5%. The company is expected to announce its next earnings results before the market opens on Tuesday, February 27th.

On average, analysts expect that Senior Housing Properties Trust will report full year sales of $278.50 million for the current fiscal year, with estimates ranging from $1.07 billion to $1.08 billion. For the next year, analysts expect that the business will post sales of $1.09 billion per share, with estimates ranging from $1.08 billion to $1.12 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Senior Housing Properties Trust.

A number of equities analysts have weighed in on SNH shares. BidaskClub upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Robert W. Baird reiterated a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, November 3rd. B. Riley reiterated a “buy” rating on shares of Senior Housing Properties Trust in a research report on Wednesday, November 1st. Cantor Fitzgerald reiterated a “buy” rating on shares of Senior Housing Properties Trust in a research report on Wednesday. Finally, ValuEngine lowered shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. Senior Housing Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $21.19.

Several hedge funds have recently added to or reduced their stakes in SNH. Mycio Wealth Partners LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter valued at approximately $199,000. Greenleaf Trust bought a new position in shares of Senior Housing Properties Trust in the fourth quarter valued at approximately $219,000. Jane Street Group LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter valued at approximately $220,000. ETRADE Capital Management LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter valued at approximately $229,000. Finally, Cetera Advisors LLC boosted its position in shares of 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 period. Institutional investors own 74.38% of the company’s stock.

Senior Housing Properties Trust (SNH) traded down $0.33 during midday trading on Friday, reaching $15.70. 1,408,693 shares of the company were exchanged, compared to its average volume of 1,507,868. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $3,885.26, a P/E ratio of 29.62, a PEG ratio of 2.60 and a beta of 0.36. Senior Housing Properties Trust has a 1-year low of $15.52 and a 1-year high of $22.52.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, January 29th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, January 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.94%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is currently 294.34%.

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Senior Housing Properties Trust Company Profile

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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