$266.05 Million in Sales Expected for Senior Housing Properties Trust (SNH) This Quarter
Equities analysts predict that Senior Housing Properties Trust (NASDAQ:SNH) will announce sales of $266.05 million for the current quarter, Zacks reports. Three analysts have provided estimates for Senior Housing Properties Trust’s earnings, with the highest sales estimate coming in at $267.98 million and the lowest estimate coming in at $262.82 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 firm is scheduled to report its next quarterly earnings report before the market opens on Thursday, November 9th.
According to Zacks, analysts expect that Senior Housing Properties Trust will report full-year sales of $266.05 million for the current 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.
SNH has been the subject of several research analyst reports. ValuEngine cut shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub cut shares of Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th.
Senior Housing Properties Trust (NASDAQ:SNH) opened at $18.56 on Friday. The company has a market cap of $4,406.72, a price-to-earnings ratio of 10.03, a price-to-earnings-growth ratio of 3.28 and a beta of 0.46. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 1.05.
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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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