Analysts expect Senior Housing Properties Trust (NYSE:SNH) to announce $266.11 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Senior Housing Properties Trust’s earnings. The highest sales estimate is $268.16 million and the lowest is $262.82 million. Senior Housing Properties Trust reported sales of $263.98 million during the same quarter last year, which indicates a positive year over year growth rate of 0.8%. The company is scheduled to report its next quarterly earnings report on Friday, November 3rd.

According to Zacks, analysts expect that Senior Housing Properties Trust will report full-year sales of $266.11 million for the current fiscal year, with estimates ranging from $1.06 billion to $1.08 billion. For the next financial year, analysts anticipate that the firm will report sales of $1.09 billion per share, with estimates ranging from $1.07 billion to $1.10 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Senior Housing Properties Trust.

Senior Housing Properties Trust (NYSE:SNH) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). The company had revenue of $265.01 million during the quarter, compared to the consensus estimate of $260.72 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business earned $0.47 earnings per share.

SNH has been the subject of several analyst reports. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. FBR & Co reiterated a “buy” rating and set a $24.00 price target on shares of Senior Housing Properties Trust in a research report on Friday, June 30th. Cantor Fitzgerald reiterated 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, Royal Bank Of Canada reiterated a “hold” rating and set a $22.00 price target on shares of Senior Housing Properties Trust in a research report on Monday, June 19th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $21.80.

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A number of hedge funds and other institutional investors have recently modified their holdings of SNH. Oxford Asset Management acquired a new position in Senior Housing Properties Trust during the first quarter valued at approximately $241,000. Raymond James Financial Services Advisors Inc. grew its holdings in Senior Housing Properties Trust by 23.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 73,198 shares of the company’s stock valued at $1,482,000 after purchasing an additional 13,711 shares during the period. Mason Street Advisors LLC grew its holdings in Senior Housing Properties Trust by 1.2% during the first quarter. Mason Street Advisors LLC now owns 112,219 shares of the company’s stock valued at $2,272,000 after purchasing an additional 1,352 shares during the period. Pacer Advisors Inc. grew its holdings in Senior Housing Properties Trust by 19.2% during the first quarter. Pacer Advisors Inc. now owns 39,282 shares of the company’s stock valued at $795,000 after purchasing an additional 6,320 shares during the period. Finally, Private Advisor Group LLC grew its holdings in Senior Housing Properties Trust by 20.4% during the first quarter. Private Advisor Group LLC now owns 15,585 shares of the company’s stock valued at $327,000 after purchasing an additional 2,646 shares during the period.

Shares of Senior Housing Properties Trust (NYSE SNH) traded down 0.6331% during mid-day trading on Tuesday, reaching $19.4163. 452,438 shares of the company were exchanged. Senior Housing Properties Trust has a 12 month low of $17.14 and a 12 month high of $23.67.

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.

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

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