Back to top

Senior Housing Properties (SNH) Dips More Than Broader Markets: What You Should Know

Read MoreHide Full Article

Senior Housing Properties (SNH - Free Report) closed the most recent trading day at $11.78, moving -1.92% from the previous trading session. This move lagged the S&P 500's daily loss of 1.9%. Meanwhile, the Dow lost 1.77%, and the Nasdaq, a tech-heavy index, lost 2.5%.

Prior to today's trading, shares of the residential care real estate investment trust had lost 14.21% over the past month. This has lagged the Finance sector's loss of 0.18% and the S&P 500's gain of 3.04% in that time.

Wall Street will be looking for positivity from SNH as it approaches its next earnings report date. On that day, SNH is projected to report earnings of $0.44 per share, which would represent a year-over-year decline of 2.22%. Meanwhile, our latest consensus estimate is calling for revenue of $278.24 million, up 0.88% from the prior-year quarter.

SNH's full-year Zacks Consensus Estimates are calling for earnings of $1.66 per share and revenue of $1.11 billion. These results would represent year-over-year changes of +4.4% and -0.67%, respectively.

Any recent changes to analyst estimates for SNH should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.01% lower. SNH is currently a Zacks Rank #3 (Hold).

Investors should also note SNH's current valuation metrics, including its Forward P/E ratio of 7.23. Its industry sports an average Forward P/E of 15.27, so we one might conclude that SNH is trading at a discount comparatively.

We can also see that SNH currently has a PEG ratio of 3.53. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. SNH's industry had an average PEG ratio of 2.84 as of yesterday's close.

The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 147, putting it in the bottom 43% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Senior Housing Properties Trust (SNH) - free report >>

More from Zacks Tale of the Tape

You May Like

Published in