Senior Housing Properties Trust (NASDAQ:SNH) – Equities research analysts at B. Riley lifted their Q4 2019 EPS estimates for Senior Housing Properties Trust in a research note issued to investors on Friday, November 8th. B. Riley analyst B. Maher now forecasts that the real estate investment trust will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.29.

Other analysts have also recently issued reports about the company. Morgan Stanley started coverage on Senior Housing Properties Trust in a research report on Friday, September 6th. They issued an “equal weight” rating and a $8.50 price target on the stock. Bank of America initiated coverage on Senior Housing Properties Trust in a report on Monday, October 14th. They set an “underperform” rating on the stock. ValuEngine cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Zacks Investment Research cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Finally, BidaskClub cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $12.85.

Shares of NASDAQ:SNH opened at $7.89 on Monday. The business’s fifty day moving average price is $9.33 and its two-hundred day moving average price is $8.59. Senior Housing Properties Trust has a fifty-two week low of $7.49 and a fifty-two week high of $16.47. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 4.96, a price-to-earnings-growth ratio of 1.86 and a beta of 0.60. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.41 and a quick ratio of 2.41.

Hedge funds have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Senior Housing Properties Trust by 6.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 64,943 shares of the real estate investment trust’s stock worth $601,000 after purchasing an additional 4,149 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Senior Housing Properties Trust by 78.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 282,471 shares of the real estate investment trust’s stock valued at $2,336,000 after acquiring an additional 124,290 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in Senior Housing Properties Trust in the second quarter valued at about $51,000. Atlantic Union Bankshares Corp bought a new position in Senior Housing Properties Trust in the second quarter valued at about $159,000. Finally, Alps Advisors Inc. boosted its holdings in Senior Housing Properties Trust by 37.7% in the second quarter. Alps Advisors Inc. now owns 102,879 shares of the real estate investment trust’s stock valued at $851,000 after acquiring an additional 28,178 shares during the last quarter. Institutional investors own 72.83% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, October 28th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 7.60%. The ex-dividend date is Friday, October 25th. Senior Housing Properties Trust’s payout ratio is presently 37.74%.

About Senior Housing Properties Trust

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), or RMR Inc, an alternative asset management company that is headquartered in Newton, MA.

Read More: Why do companies engage in swaps?

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

Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.