New Senior Investment Group Inc. (NYSE:SNR)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $12.68 and last traded at $12.53, with a volume of 262,937 shares. The stock had previously closed at $12.34.

SNR has been the topic of several recent analyst reports. Canaccord Genuity restated a “buy” rating on shares of New Senior Investment Group in a report on Tuesday, May 10th. Compass Point upped their price objective on shares of New Senior Investment Group from $14.00 to $16.50 and gave the company a “buy” rating in a report on Monday, August 8th. Finally, Zacks Investment Research upgraded shares of New Senior Investment Group from a “strong sell” rating to a “hold” rating in a report on Thursday, July 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $13.63.

The firm has a 50-day moving average of $12.04 and a 200 day moving average of $10.78. The firm’s market cap is $1.02 billion.

New Senior Investment Group (NYSE:SNR) last announced its earnings results on Thursday, August 4th. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by $0.01. The company earned $118.54 million during the quarter, compared to the consensus estimate of $118.98 million. New Senior Investment Group’s revenue was up 30.0% compared to the same quarter last year. Analysts expect that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 22nd. Investors of record on Thursday, September 8th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 8.36%. The ex-dividend date is Tuesday, September 6th.

New Senior Investment Group Inc is a real estate investment trust (REIT) with a diversified portfolio of senior housing properties located across the United States. The Company conducts its business through two segments: Managed Properties and Triple Net Lease Properties. Under its Managed Properties segment, the Company operates approximately 100 properties under property management agreements with the Property Managers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.