Senior Housing Properties Trust (NYSE:SNH) Stock Rating Reaffirmed by Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their hold rating on shares of Senior Housing Properties Trust (NYSE:SNH) in a research note published on Monday, July 24th. Royal Bank Of Canada currently has a $22.00 target price on the stock.

Several other research firms have also weighed in on SNH. Jefferies Group LLC reissued a hold rating and set a $21.00 price target on shares of Senior Housing Properties Trust in a research report on Friday, May 12th. Cantor Fitzgerald reissued a buy rating and set a $24.00 price target on shares of Senior Housing Properties Trust in a research report on Friday, June 9th. Finally, FBR & Co reissued a buy rating on shares of Senior Housing Properties Trust in a research report on Monday, May 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. Senior Housing Properties Trust has an average rating of Hold and a consensus target price of $22.20.

Shares of Senior Housing Properties Trust (NYSE SNH) opened at 19.00 on Monday. Senior Housing Properties Trust has a 52 week low of $17.14 and a 52 week high of $23.85.

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

ILLEGAL ACTIVITY NOTICE: This report was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/08/19/senior-housing-properties-trusts-nysesnh-hold-rating-reiterated-at-royal-bank-of-canada-updated-updated-updated.html.

The company 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 8.21%. The ex-dividend date of this dividend was Thursday, July 20th.

A number of hedge funds and other institutional investors have recently modified their holdings of SNH. Schroder Investment Management Group purchased a new position in shares of Senior Housing Properties Trust during the second quarter valued at $107,000. Invictus RG purchased a new position in shares of Senior Housing Properties Trust during the first quarter valued at $128,000. Ffcm LLC raised its position in shares of Senior Housing Properties Trust by 112.7% in the second quarter. Ffcm LLC now owns 7,661 shares of the company’s stock valued at $158,000 after buying an additional 4,060 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Senior Housing Properties Trust during the second quarter valued at $205,000. Finally, Cetera Investment Advisers purchased a new position in shares of Senior Housing Properties Trust during the second quarter valued at $205,000.

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.

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

What are top analysts saying about Senior Housing Properties Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Senior Housing Properties Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit