Analysts expect that Senior Housing Properties Trust (NYSE:SNH) will announce $263.35 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Senior Housing Properties Trust’s earnings. The highest sales estimate is $268.16 million and the lowest is $259.08 million. Senior Housing Properties Trust reported sales of $263.98 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 0.2%. The company is expected to report its next earnings results on Friday, November 3rd.

According to Zacks, analysts expect that Senior Housing Properties Trust will report full-year sales of $263.35 million for the current fiscal year, with estimates ranging from $1.05 billion to $1.09 billion. For the next year, analysts anticipate that the company will post sales of $1.08 billion per share, with estimates ranging from $1.05 billion to $1.12 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover Senior Housing Properties Trust.

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

SNH has been the topic of several recent analyst reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $24.00 price target on shares of Senior Housing Properties Trust in a research note on Friday, June 9th. FBR & Co reaffirmed a “buy” rating on shares of Senior Housing Properties Trust in a research note on Monday, May 8th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $21.00 price target on shares of Senior Housing Properties Trust in a research note on Friday, May 12th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $22.00 price target on shares of Senior Housing Properties Trust in a research note on Monday, June 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $22.20.

A number of institutional investors have recently bought and sold shares of SNH. Schroder Investment Management Group acquired a new position in Senior Housing Properties Trust during the second quarter worth approximately $107,000. Invictus RG acquired a new position in Senior Housing Properties Trust during the first quarter worth approximately $128,000. Ffcm LLC raised its position in Senior Housing Properties Trust by 112.7% in the second quarter. Ffcm LLC now owns 7,661 shares of the company’s stock worth $158,000 after buying an additional 4,060 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Senior Housing Properties Trust during the second quarter worth approximately $205,000. Finally, Oxford Asset Management acquired a new position in Senior Housing Properties Trust during the first quarter worth approximately $241,000.

ILLEGAL ACTIVITY NOTICE: This piece was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.dailypolitical.com/2017/08/12/senior-housing-properties-trust-snh-expected-to-post-quarterly-sales-of-263-35-million.html.

Senior Housing Properties Trust (NYSE SNH) opened at 18.88 on Friday. Senior Housing Properties Trust has a 1-year low of $17.14 and a 1-year high of $23.85.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, July 24th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 8.26%. The ex-dividend date of this dividend is Thursday, July 20th.

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.

Get a free copy of the Zacks research report on Senior Housing Properties Trust (SNH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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