Senior Housing Properties Trust Plans Quarterly Dividend of $0.39 (SNH)
Senior Housing Properties Trust (NYSE:SNH) declared a quarterly dividend on Friday, January 3rd, Analyst Ratings.Net reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.39 per share on Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 7.06%.
SNH has been the subject of a number of recent research reports. Analysts at Ned Davis Research downgraded shares of Senior Housing Properties Trust from a “neutral” rating to a “sell” rating in a research note to investors on Monday, November 18th. Analysts at Jefferies Group reiterated a “hold” rating on shares of Senior Housing Properties Trust in a research note to investors on Monday, October 14th. They now have a $25.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Senior Housing Properties Trust presently has a consensus rating of “Hold” and an average target price of $25.00.
Senior Housing Properties Trust (NYSE:SNH) opened at 22.10 on Friday. Senior Housing Properties Trust has a 52-week low of $21.66 and a 52-week high of $29.99. The stock’s 50-day moving average is $22.55 and its 200-day moving average is $23.98. The company has a market cap of $4.159 billion and a P/E ratio of 33.18.
Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.43 by $0.01. The company had revenue of $187.27 million for the quarter, compared to the consensus estimate of $189.32 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 20.0% on a year-over-year basis. On average, analysts predict that Senior Housing Properties Trust will post $1.70 earnings per share for the current fiscal year.
Senior Housing Properties Trust (NYSE:SNH) is a real estate investment trust (REIT).
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