$266.11 Million in Sales Expected for Senior Housing Properties Trust (SNH) This Quarter
Wall Street analysts expect Senior Housing Properties Trust (NASDAQ:SNH) to report $266.11 million in sales for the current quarter, according to Zacks. Three analysts have made estimates for Senior Housing Properties Trust’s earnings, with the lowest sales estimate coming in at $262.82 million and the highest estimate coming in at $268.16 million. Senior Housing Properties Trust posted sales of $263.98 million in the same quarter last year, which would indicate a positive year over year growth rate of 0.8%. The business is expected to announce its next earnings report on Friday, November 3rd.
According to Zacks, analysts expect that Senior Housing Properties Trust will report full year sales of $266.11 million for the current fiscal year, with estimates ranging from $1.06 billion to $1.08 billion. For the next year, analysts anticipate that the firm will report sales of $1.09 billion per share, with estimates ranging from $1.07 billion to $1.10 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Senior Housing Properties Trust.
Several equities analysts recently weighed in on the company. ValuEngine lowered Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub upgraded Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th.
Senior Housing Properties Trust (SNH) opened at 19.98 on Friday. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 39.96 and a beta of 0.44. The stock has a 50 day moving average price of $19.31 and a 200-day moving average price of $20.41. Senior Housing Properties Trust has a 1-year low of $17.14 and a 1-year high of $23.67.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 24th were paid a $0.39 dividend. The ex-dividend date of this dividend was Thursday, July 20th. This represents a $1.56 annualized dividend and a dividend yield of 7.81%. 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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