Jefferies Group Research Analysts Lower Earnings Estimates for Senior Housing Properties Trust (SNH)

Senior Housing Properties Trust (NASDAQ:SNH) – Investment analysts at Jefferies Group reduced their FY2018 earnings per share (EPS) estimates for shares of Senior Housing Properties Trust in a note issued to investors on Thursday, April 5th. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $1.61 per share for the year, down from their prior forecast of $1.86. Jefferies Group also issued estimates for Senior Housing Properties Trust’s FY2019 earnings at $1.82 EPS and FY2020 earnings at $1.80 EPS.

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Senior Housing Properties Trust (NASDAQ:SNH) last posted its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The firm had revenue of $278.57 million for the quarter, compared to the consensus estimate of $277.99 million. Senior Housing Properties Trust had a net margin of 13.73% and a return on equity of 4.43%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 earnings per share.

Other research analysts also recently issued reports about the company. B. Riley set a $24.00 target price on Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Wednesday, January 24th. Robert W. Baird reiterated a “neutral” rating and set a $19.00 target price (down from $20.00) on shares of Senior Housing Properties Trust in a research report on Friday, January 5th. ValuEngine downgraded Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Cantor Fitzgerald lowered their price target on Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th. Finally, BidaskClub upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Senior Housing Properties Trust has a consensus rating of “Hold” and a consensus target price of $19.45.

NASDAQ SNH opened at $15.77 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12. The company has a market cap of $3,752.11, a PE ratio of 9.98, a PEG ratio of 2.33 and a beta of 0.41. Senior Housing Properties Trust has a one year low of $14.90 and a one year high of $22.52.

Institutional investors and hedge funds have recently modified their holdings of the stock. Certified Advisory Corp bought a new stake in Senior Housing Properties Trust in the fourth quarter worth $100,000. Mycio Wealth Partners LLC bought a new stake in Senior Housing Properties Trust in the fourth quarter worth $199,000. Greenleaf Trust bought a new stake in Senior Housing Properties Trust in the fourth quarter worth $219,000. Jane Street Group LLC bought a new stake in Senior Housing Properties Trust in the fourth quarter worth $220,000. Finally, ETRADE Capital Management LLC bought a new stake in Senior Housing Properties Trust in the fourth quarter worth $229,000. Institutional investors own 75.04% of the company’s stock.

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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.

Earnings History and Estimates for Senior Housing Properties Trust (NASDAQ:SNH)

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