Equities analysts predict that Senior Housing Properties Trust (NASDAQ:SNH) will announce sales of $272.37 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 $266.38 million and the highest is $278.58 million. Senior Housing Properties Trust posted sales of $264.56 million during the same quarter last year, which would indicate a positive year over year growth rate of 3%. The business is scheduled to issue its next earnings report on Friday, May 4th.
On average, analysts expect that Senior Housing Properties Trust will report full-year sales of $272.37 million for the current year, with estimates ranging from $1.08 billion to $1.13 billion. For the next year, analysts forecast that the company will post sales of $1.12 billion per share, with estimates ranging from $1.11 billion to $1.14 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Senior Housing Properties Trust.
Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.03). Senior Housing Properties Trust had a net margin of 13.73% and a return on equity of 4.43%. The business had revenue of $278.57 million during the quarter, compared to analyst estimates of $277.99 million. During the same period last year, the firm posted $0.18 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis.
Hedge funds have recently added to or reduced their stakes in the business. Certified Advisory Corp bought a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $100,000. Mycio Wealth Partners LLC bought a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $199,000. Greenleaf Trust bought a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $219,000. Jane Street Group LLC bought a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $220,000. Finally, ETRADE Capital Management LLC bought a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $229,000. Institutional investors own 75.04% of the company’s stock.
Shares of NASDAQ SNH traded up $0.04 during midday trading on Tuesday, hitting $15.17. The company’s stock had a trading volume of 409,700 shares, compared to its average volume of 1,454,424. Senior Housing Properties Trust has a 1-year low of $14.90 and a 1-year high of $22.52. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $3,676.07, a PE ratio of 9.57, a price-to-earnings-growth ratio of 2.35 and a beta of 0.41.
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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.
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