Economy

Senior Housing Properties Trust Bottom Line Declines 2% In Q3

Senior Housing Properties Trust now has a consensus rating of "Hold" and an average target price of $21.07.

Tracking some recent stock price action, we can see that Senior Housing Properties Trust (SNH) recently touched 18.98. For the last period, the company reported quarter over quarter EPS growth of -59.10% and quarter over quarter sales growth of 1.40%. These holdings make up 72.88% of the company's outstanding shares. Senior Housing Properties Trust's dividend payout ratio is presently 325.01%.

Senior Housing Properties Trust (NYSE:SNH) was upgraded by BidaskClub from a "strong sell" rating to a "sell" rating in a report released on Thursday.

In terms of earnings per share, 11 analysts have a 0.47 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 11 analysts have a 0.46 EPS mean target and for the quarter ending Mar-18 there are 11 estimates of 1.81 EPS. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. -Revenue Change (Y-o-Y): 1.0%. Over the course of the past year SNH has set a 52-week high of $22.52 while the corresponding low set was $17.14.

A number of large investors have recently bought and sold shares of the stock. Senior Housing Properties Trust (SNHNL) now has a 14 day Williams %R of -42.19.

A number of other hedge funds have also recently bought and sold shares of the stock. Finally, Russell Investments Group Ltd. grew its stake in Senior Housing Properties Trust by 43.0% in the third quarter. Jefferies Group LLC restated a "hold" rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd.

Sell-side analysts have also provided a consensus recommendation of 3.20 on company shares. Levels above -20 may indicate the stock may be considered is overbought.

Senior Housing Properties Trust (NYSE:SNH) traded down 1.26% during trading on Wednesday, reaching $18.06. The company had a trading volume of 862,359 shares. Their 50-Day Simple Moving Average is a difference of -2.32% from current levels. Senior Housing Properties Trust has a 12-month low of $17.14 and a 12-month high of $22.52. Stockholders of record on Monday, October 23rd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.42%. The ex-dividend date was Wednesday, October 19th.

The company said its bottom line totaled $104.02 million, or $0.40 per share. Schroder Investment Management Group bought a new position in shares of Senior Housing Properties Trust in the second quarter worth $107,000. IBM Retirement Fund boosted its stake in shares of Senior Housing Properties Trust by 1.0% in the second quarter. Looking back over the last month, shares have performed -2.62%. Cetera Investment Advisers bought a new position in shares of Senior Housing Properties Trust in the second quarter worth $205,000. Dimensional Fund Advisors LP now owns 3,272,137 shares of the company's stock valued at $66,261,000 after buying an additional 41,250 shares during the last quarter.

The real estate investment trust posted revenue of $182.8 million in the period, missing Street forecasts. The Company operates through four segments: 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, which includes the remainder of its operations, including certain properties that offer fitness, wellness and spa services to members.



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