Senior Housing Properties Trust’s (SNH) “Hold” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their hold rating on shares of Senior Housing Properties Trust (NYSE:SNH) in a research report report published on Wednesday morning. They currently have a $20.00 price objective on the stock.

Several other analysts also recently commented on the stock. BidaskClub raised shares of Senior Housing Properties Trust from a hold rating to a buy rating in a research report on Wednesday, September 6th. Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a hold rating to a sell rating in a research report on Wednesday, September 6th. FBR & Co reissued a buy rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, June 30th. Finally, Cantor Fitzgerald reissued a buy rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, June 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $21.80.

Senior Housing Properties Trust (SNH) opened at 20.12 on Wednesday. The firm has a market cap of $4.78 billion and a price-to-earnings ratio of 40.24. The company’s 50 day moving average is $19.41 and its 200 day moving average is $20.41. Senior Housing Properties Trust has a 12-month low of $17.14 and a 12-month high of $23.67.

Senior Housing Properties Trust (NYSE:SNH) last posted its earnings results on Thursday, August 3rd. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). The business had revenue of $265.01 million during the quarter, compared to the consensus estimate of $260.72 million. Senior Housing Properties Trust had a return on equity of 2.01% and a net margin of 6.43%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.47 earnings per share. On average, equities analysts anticipate that Senior Housing Properties Trust will post $0.61 earnings per share for the current year.

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The firm also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, July 24th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 7.75%. The ex-dividend date of this dividend was Thursday, July 20th.

Several hedge funds and other institutional investors have recently bought and sold shares of SNH. Schroder Investment Management Group bought a new stake in shares of Senior Housing Properties Trust during the 2nd quarter worth $107,000. Invictus RG bought a new stake in shares of Senior Housing Properties Trust during the 1st quarter worth $128,000. Ffcm LLC boosted its holdings in shares of Senior Housing Properties Trust by 112.7% during the 2nd quarter. Ffcm LLC now owns 7,661 shares of the company’s stock worth $158,000 after buying an additional 4,060 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in shares of Senior Housing Properties Trust during the 2nd quarter worth $205,000. Finally, Cetera Investment Advisers bought a new stake in shares of Senior Housing Properties Trust during the 2nd quarter worth $205,000.

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.

Analyst Recommendations for Senior Housing Properties Trust (NYSE:SNH)

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