Wall Street analysts expect New Senior Investment Group Inc (NYSE:SNR) to announce earnings of $0.11 per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for New Senior Investment Group’s earnings. New Senior Investment Group posted earnings per share of $0.21 in the same quarter last year, which would indicate a negative year-over-year growth rate of 47.6%. The company is scheduled to issue its next earnings report on Thursday, May 9th.

On average, analysts expect that New Senior Investment Group will report full-year earnings of $0.53 per share for the current financial year. For the next fiscal year, analysts anticipate that the company will post earnings of $0.57 per share. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for New Senior Investment Group.

New Senior Investment Group (NYSE:SNR) last posted its quarterly earnings data on Friday, February 22nd. The real estate investment trust reported $0.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.03. New Senior Investment Group had a negative return on equity of 41.28% and a negative net margin of 35.87%. The business had revenue of $118.47 million for the quarter.

A number of analysts recently issued reports on the company. Zacks Investment Research lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Friday, February 15th. Morgan Stanley set a $5.00 target price on New Senior Investment Group and gave the stock a “hold” rating in a research note on Thursday, March 28th. Finally, ValuEngine lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th.

Shares of NYSE SNR opened at $5.26 on Friday. New Senior Investment Group has a one year low of $4.04 and a one year high of $8.74. The company has a debt-to-equity ratio of 6.67, a quick ratio of 2.37 and a current ratio of 2.37. The firm has a market cap of $432.43 million, a PE ratio of 9.23 and a beta of 1.00.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 9.89%. The ex-dividend date of this dividend was Thursday, March 7th. New Senior Investment Group’s dividend payout ratio (DPR) is currently 91.23%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in New Senior Investment Group by 5.2% during the 3rd quarter. BlackRock Inc. now owns 7,495,564 shares of the real estate investment trust’s stock valued at $44,224,000 after buying an additional 369,698 shares in the last quarter. Martingale Asset Management L P boosted its stake in shares of New Senior Investment Group by 368.1% in the 3rd quarter. Martingale Asset Management L P now owns 136,675 shares of the real estate investment trust’s stock worth $807,000 after buying an additional 107,475 shares during the last quarter. Meeder Asset Management Inc. lifted its position in New Senior Investment Group by 2,474.9% during the fourth quarter. Meeder Asset Management Inc. now owns 22,814 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 21,928 shares in the last quarter. Utah Retirement Systems lifted its position in New Senior Investment Group by 17.8% during the fourth quarter. Utah Retirement Systems now owns 19,900 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in New Senior Investment Group during the third quarter valued at $176,000. Institutional investors own 65.47% of the company’s stock.

About New Senior Investment Group

New Senior Investment Group Inc (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. As of December 31, 2018, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

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