Zacks: Brokerages Anticipate Senior Housing Properties Trust (SNH) Will Announce Quarterly Sales of $263.35 Million
Analysts expect that Senior Housing Properties Trust (NASDAQ:SNH) will report sales of $263.35 million for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Senior Housing Properties Trust’s earnings. The lowest sales estimate is $259.08 million and the highest is $268.16 million. Senior Housing Properties Trust posted sales of $263.98 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.2%. The company is scheduled to report its next quarterly earnings report on Friday, November 3rd.
On average, analysts expect that Senior Housing Properties Trust will report full year sales of $263.35 million for the current financial year, with estimates ranging from $1.05 billion to $1.09 billion. For the next year, analysts forecast that the company will post sales of $1.08 billion per share, with estimates ranging from $1.05 billion to $1.12 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that cover Senior Housing Properties Trust.
Separately, BidaskClub raised Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd.
Shares of Senior Housing Properties Trust (SNH) opened at 19.00 on Monday. Senior Housing Properties Trust has a one year low of $17.14 and a one year high of $23.85.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 24th were given a dividend of $0.39 per share. The ex-dividend date was Thursday, July 20th. This represents a $1.56 annualized dividend and a dividend yield of 8.21%. Senior Housing Properties Trust’s dividend payout ratio is presently 305.89%.
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Senior Housing Properties Trust Company Profile
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.
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