Analysts Set $20.56 Target Price for Senior Housing Properties Trust (NASDAQ:SNH)
Senior Housing Properties Trust (NASDAQ:SNH) has been given an average broker rating score of 3.11 (Hold) from the nine brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong sell rating, one has issued a sell rating, four have issued a hold rating and two have given a strong buy rating to the company. Senior Housing Properties Trust’s rating score has declined by 3.7% in the last 90 days as a result of a number of analysts’ ratings changes.
Brokers have set a 1-year consensus price target of $20.56 for the company and are anticipating that the company will post $0.45 EPS for the current quarter, according to Zacks. Zacks has also given Senior Housing Properties Trust an industry rank of 155 out of 265 based on the ratings given to related companies.
Separately, BidaskClub cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th.
Shares of Senior Housing Properties Trust (NASDAQ SNH) traded down 0.21% during midday trading on Thursday, reaching $19.33. 2,980,214 shares of the company traded hands. Senior Housing Properties Trust has a 12 month low of $17.14 and a 12 month high of $23.85.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, July 24th will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, July 20th. This represents a $1.56 dividend on an annualized basis and a yield of 8.07%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is 255.74%.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.