Wall Street analysts expect Senior Housing Properties Trust (NASDAQ:SNH) to report earnings of $0.45 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Senior Housing Properties Trust’s earnings, with estimates ranging from $0.43 to $0.47. Senior Housing Properties Trust posted earnings of $0.44 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 2.3%. The company is scheduled to announce its next earnings report on Thursday, November 8th.
According to Zacks, analysts expect that Senior Housing Properties Trust will report full year earnings of $1.62 per share for the current fiscal year, with EPS estimates ranging from $1.55 to $1.77. For the next financial year, analysts forecast that the company will post earnings of $1.80 per share, with EPS estimates ranging from $1.73 to $1.84. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Senior Housing Properties Trust.
Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.38. The firm had revenue of $277.25 million for the quarter, compared to analysts’ expectations of $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 in the prior year, the business posted $0.07 earnings per share.
Institutional investors have recently modified their holdings of the business. United Capital Financial Advisers LLC bought a new position in Senior Housing Properties Trust during the 1st quarter worth about $163,000. Dynamic Technology Lab Private Ltd bought a new position in Senior Housing Properties Trust during the 1st quarter worth about $166,000. Qube Research & Technologies Ltd bought a new position in Senior Housing Properties Trust during the 2nd quarter worth about $184,000. CIBC Asset Management Inc bought a new position in Senior Housing Properties Trust during the 2nd quarter worth about $185,000. Finally, Keybank National Association OH bought a new position in Senior Housing Properties Trust during the 2nd quarter worth about $191,000. Institutional investors own 73.21% of the company’s stock.
Shares of NASDAQ SNH traded up $0.02 during mid-day trading on Thursday, reaching $17.22. The company had a trading volume of 18,009 shares, compared to its average volume of 1,428,293. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.07. The stock has a market cap of $4.17 billion, a PE ratio of 10.92, a PEG ratio of 2.84 and a beta of 0.45. Senior Housing Properties Trust has a 52 week low of $14.86 and a 52 week high of $19.98.
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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