Senior Housing Properties (SNH) Trust Receives $ 18.60 Average PT from Brokerages

Shares of Senior Housing Properties Trust (NASDAQ: SNH) have been given an average rating of "Hold" by the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research badysts have made a recommendation, and have made a recommendation. The average 12-month price target among badysts that have issued ratings in the last year is $ 18.60.

Several brokerages have commented on SNH. Zacks Investment Research has been reduced to a "sell" rating in a research note on Wednesday, October 10th. BidaskClub Upgraded Shares of Senior Housing Properties A rating for a "hold" rating in a research note on Tuesday, October 9th. ValuEngine Regulated Decisions of Senior Housing Ownership Trust from a "hold" rating to a "sell" rating in a research note on Wednesday, September 19th. Finally, B. Riley increased their price on Senior Housing Properties Trust from $ 22.00 to $ 23.00 and gave the company a "buy" rating in a report on Wednesday, August 8th.

Hedge funds have recently been bought and sold shares of the company. First Hawaiian Bank acquired a new stake in shares of Senior Housing Properties Trust in the third quarter valued at approximately $ 126,000. United Capital Financial Advisers LLC acquired a new stake in shares of Senior Housing Properties Trust in the first quarter valued at approximately $ 163,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Senior Housing Properties Trust during the first quarter worth $ 166,000. Qube Research & Technologies Ltd. acquired a new stake in shares of Senior Housing Properties Trust during the second quarter worth $ 184,000. Finally, CIBC Asset Management Inc. acquired a new stake in shares of Senior Housing Properties Trust during the second quarter worth $ 185,000. 73.31% of the stock is owned by institutional investors and hedge funds.

Senior Housing Properties Trust stock traded $ 0.33 during mid-day trading on Thursday, hitting $ 16.69. The company had a trading volume of 1,168,946 shares, compared to its average volume of 1,422,954. The firm has a market capitalization of $ 4.04 billion, a P / E ratio of 10.56, a P / E / G ratio of 2.75 and a beta of 0.45. Senior Housing Properties Trust has a 1 year low of $ 14.86 and a 1 year high of $ 19.98. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 1.07.

Senior Housing Properties Trust (NASDAQ: SNH) last announced its quarterly earnings on Tuesday, August 7th. The real estate investment trust reported $ 0.52 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $ 0.14 by $ 0.38. The company had revenue of $ 277.25 million for the quarter, compared to $ 277.31 million. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. During the same period, the firm posted $ 0.07 earnings per share. As a group, research badysts expect that Senior Housing Properties Trust will post 1.62 earnings per share for the current fiscal year.

The company also recently reported a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Monday, October 29th will be issued at $ 0.39 dividend. This represents a $ 1.56 annualized dividend and a dividend yield of 9.35%. The ex-dividend date of this dividend is Friday, October 26th. Senior Housing Properties Trust's payout ratio is currently 98.73%.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, which 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 badet management company that is headquartered in Newton, MA.

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