New Senior Investment Group Inc. (NYSE:snr) announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Thursday, December 8th will be paid a dividend of 0.26 per share by the real estate investment trust on Thursday, December 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 10.26%. The ex-dividend date of this dividend is Tuesday, December 6th.

Shares of New Senior Investment Group (NYSE:SNR) opened at 10.14 on Thursday. The company’s 50 day moving average price is $10.13 and its 200-day moving average price is $11.01. New Senior Investment Group has a 52 week low of $7.78 and a 52 week high of $12.68. The stock’s market capitalization is $832.77 million.

New Senior Investment Group (NYSE:SNR) last issued its quarterly earnings data on Wednesday, November 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.03. New Senior Investment Group had a negative net margin of 19.32% and a negative return on equity of 13.51%. The firm earned $118.50 million during the quarter, compared to analyst estimates of $120.17 million. The firm’s revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that New Senior Investment Group will post $1.27 EPS for the current year.

Dividend History for New Senior Investment Group (NYSE:snr)

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Veritable L.P. increased its stake in shares of New Senior Investment Group by 5.5% in the second quarter. Veritable L.P. now owns 11,080 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 580 shares during the period. Principal Financial Group Inc. increased its stake in shares of New Senior Investment Group by 1.8% in the third quarter. Principal Financial Group Inc. now owns 10,383 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 183 shares during the period. Verition Fund Management LLC acquired a new stake in shares of New Senior Investment Group during the third quarter worth about $128,000. Cubist Systematic Strategies LLC acquired a new stake in shares of New Senior Investment Group during the second quarter worth about $134,000. Finally, KCG Holdings Inc. acquired a new stake in shares of New Senior Investment Group during the third quarter worth about $145,000. 72.49% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently commented on the company. Canaccord Genuity reissued a “buy” rating on shares of New Senior Investment Group in a research note on Monday, August 15th. Compass Point boosted their target price on New Senior Investment Group from $14.00 to $16.50 and gave the stock a “buy” rating in a research note on Monday, August 8th. Finally, Zacks Investment Research cut New Senior Investment Group from a “buy” rating to a “sell” rating in a research note on Saturday, November 5th.

New Senior Investment Group Company Profile

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.

5 Day Chart for NYSE:SNR

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