New Senior Investment Group Inc. (NYSE:SNR) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $9.67.

A number of research analysts have issued reports on the company. Stifel Nicolaus reissued a “hold” rating and issued a $10.00 target price on shares of New Senior Investment Group in a research note on Friday, July 14th. BidaskClub cut New Senior Investment Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Zacks Investment Research cut New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Saturday, July 22nd. Finally, Compass Point cut New Senior Investment Group from a “buy” rating to a “neutral” rating and decreased their target price for the company from $13.00 to $10.00 in a research note on Thursday, August 31st.

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Shares of New Senior Investment Group (NYSE:SNR) remained flat at $9.09 during midday trading on Monday. The stock had a trading volume of 99,161 shares. The company’s 50-day moving average price is $9.34 and its 200-day moving average price is $9.88. The company’s market capitalization is $746.73 million. New Senior Investment Group has a 12-month low of $8.82 and a 12-month high of $11.90.

New Senior Investment Group (NYSE:SNR) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). New Senior Investment Group had a negative net margin of 6.41% and a negative return on equity of 5.28%. The business had revenue of $114.29 million during the quarter, compared to analyst estimates of $114.70 million. During the same period in the previous year, the firm posted $0.32 earnings per share. On average, equities analysts forecast that New Senior Investment Group will post ($0.64) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 8th were paid a $0.26 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $1.04 dividend on an annualized basis and a yield of 11.44%. New Senior Investment Group’s payout ratio is -288.88%.

Large investors have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in New Senior Investment Group in the first quarter valued at about $101,000. Principal Financial Group Inc. acquired a new position in New Senior Investment Group in the second quarter valued at about $101,000. Amalgamated Bank acquired a new position in New Senior Investment Group in the second quarter valued at about $104,000. Stevens Capital Management LP bought a new stake in shares of New Senior Investment Group in the second quarter valued at about $106,000. Finally, MML Investors Services LLC lifted its holdings in shares of New Senior Investment Group by 2.9% in the second quarter. MML Investors Services LLC now owns 10,955 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 310 shares in the last quarter. 64.27% of the stock is owned by hedge funds and other institutional investors.

New Senior Investment Group Company Profile

New Senior Investment Group Inc is a real estate investment trust with a diversified portfolio of primarily private pay senior housing properties located across the United States. The Company operates through two segments: Managed Properties and Triple Net Lease Properties. As of December 31, 2016, the Company owned a diversified portfolio of 152 primarily private pay senior housing properties located across 37 states.

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