Senior Housing Properties Trust (NASDAQ:SNH) – Cantor Fitzgerald reduced their FY2017 earnings estimates for shares of Senior Housing Properties Trust in a note issued to investors on Sunday. Cantor Fitzgerald analyst J. France now forecasts that the real estate investment trust will earn $1.78 per share for the year, down from their prior forecast of $1.81.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). The business had revenue of $266.68 million during the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. ILLEGAL ACTIVITY WARNING: “FY2017 EPS Estimates for Senior Housing Properties Trust (SNH) Lowered by Analyst” was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.watchlistnews.com/fy2017-eps-estimates-for-senior-housing-properties-trust-snh-lowered-by-analyst/1702067.html.

SNH has been the subject of a number of other reports. Zacks Investment Research downgraded Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. ValuEngine downgraded Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $21.00 price target on shares of Senior Housing Properties Trust in a report on Friday, November 3rd. BidaskClub downgraded Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a report on Friday, October 27th. Finally, UBS AG lowered their price target on Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $21.44.

Senior Housing Properties Trust (NASDAQ SNH) opened at $19.39 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $4,557.75, a P/E ratio of 10.42, a P/E/G ratio of 3.39 and a beta of 0.46. Senior Housing Properties Trust has a fifty-two week low of $17.14 and a fifty-two week high of $22.52.

Several hedge funds have recently bought and sold shares of the company. Asset Management One Co. Ltd. boosted its holdings in shares of Senior Housing Properties Trust by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock valued at $9,827,000 after acquiring an additional 3,071 shares during the period. AMP Capital Investors Ltd boosted its holdings in shares of Senior Housing Properties Trust by 301.8% in the third quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock valued at $2,874,000 after acquiring an additional 110,400 shares during the period. Stifel Financial Corp boosted its holdings in shares of Senior Housing Properties Trust by 63.9% in the third quarter. Stifel Financial Corp now owns 64,753 shares of the real estate investment trust’s stock valued at $1,275,000 after acquiring an additional 25,241 shares during the period. Finally, Lido Advisors LLC lifted its holdings in shares of Senior Housing Properties Trust by 214.8% during the third quarter. Lido Advisors LLC now owns 47,629 shares of the real estate investment trust’s stock worth $876,000 after purchasing an additional 32,500 shares during the period. 74.65% of the stock is owned by institutional investors and hedge funds.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 8.05%. The ex-dividend date of this dividend is Friday, October 20th. Senior Housing Properties Trust’s payout ratio is currently 294.34%.

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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