Zacks: Analysts Expect Senior Housing Properties Trust (SNH) to Post $0.45 Earnings Per Share

Equities research analysts expect that Senior Housing Properties Trust (NASDAQ:SNH) will post earnings per share of $0.45 for the current fiscal quarter, Zacks reports. Three analysts have issued 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 reported earnings of $0.46 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 2.2%. The firm is scheduled to announce its next quarterly earnings results on Friday, May 4th.

On average, analysts expect that Senior Housing Properties Trust will report full year earnings of $1.73 per share for the current financial year, with EPS estimates ranging from $1.61 to $1.85. For the next year, analysts anticipate that the firm will report earnings of $1.81 per share, with EPS estimates ranging from $1.77 to $1.86. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Senior Housing Properties Trust.

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



A number of analysts recently commented on the company. B. Riley set a $24.00 price objective on Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Wednesday, January 24th. Robert W. Baird reiterated a “neutral” rating and set a $19.00 price objective (down previously from $20.00) on shares of Senior Housing Properties Trust in a research report on Friday, January 5th. ValuEngine cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Cantor Fitzgerald cut their price target on 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 raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. Senior Housing Properties Trust currently has an average rating of “Hold” and an average target price of $19.45.

Senior Housing Properties Trust stock traded up $0.04 during mid-day trading on Friday, reaching $15.17. 409,700 shares of the stock traded hands, compared to its average volume of 1,454,424. The stock has a market cap of $3,676.07, a PE ratio of 9.57, a price-to-earnings-growth ratio of 2.35 and a beta of 0.41. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.78 and a current ratio of 0.78. Senior Housing Properties Trust has a 12-month low of $14.90 and a 12-month high of $22.52.

A number of large investors have recently added to or reduced their stakes in the business. Security Capital Research & Management Inc. boosted its stake in shares of Senior Housing Properties Trust by 61.2% in the fourth quarter. Security Capital Research & Management Inc. now owns 11,326,407 shares of the real estate investment trust’s stock worth $216,901,000 after acquiring an additional 4,298,239 shares during the period. LSV Asset Management boosted its stake in shares of Senior Housing Properties Trust by 9.0% in the fourth quarter. LSV Asset Management now owns 10,618,715 shares of the real estate investment trust’s stock worth $203,348,000 after acquiring an additional 874,700 shares during the period. Millennium Management LLC boosted its stake in shares of Senior Housing Properties Trust by 532.0% in the fourth quarter. Millennium Management LLC now owns 625,235 shares of the real estate investment trust’s stock worth $11,973,000 after acquiring an additional 526,313 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Senior Housing Properties Trust by 40.3% in the fourth quarter. Renaissance Technologies LLC now owns 1,624,500 shares of the real estate investment trust’s stock worth $31,109,000 after acquiring an additional 466,495 shares during the period. Finally, Prudential Financial Inc. boosted its stake in shares of Senior Housing Properties Trust by 16.8% in the third quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock worth $58,576,000 after acquiring an additional 431,702 shares during the period. 75.04% of the stock is owned by institutional investors and hedge funds.

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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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