News coverage about New Senior Investment Group (NYSE:SNR) has trended positive on Saturday, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. New Senior Investment Group earned a news impact score of 0.36 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- This Is Very Likely to Affect: New Senior Investment Group Inc. (SNR), Lindblad Expeditions Holdings, Inc. (LIND) – StockNewsMagazine (stocknewsmagazine.com)
- Watching Historical Performance for New Senior Investment Group Inc. (NYSE:SNR) – Jonesboro Recorder (jonesbororecorder.com)
- New Senior Investment Group, Inc. breached its 50 day moving average in a Bearish Manner : SNR-US : June 21, 2017 (finance.yahoo.com)
- New Senior’s $640M Holiday Deal Sparks Shareholder Lawsuit (seniorhousingnews.com)
New Senior Investment Group (SNR) opened at 10.06 on Friday. The firm’s market cap is $826.34 million. The company’s 50-day moving average is $9.77 and its 200 day moving average is $10.07. New Senior Investment Group has a 12 month low of $9.02 and a 12 month high of $12.68.
New Senior Investment Group (NYSE:SNR) last posted its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by $0.43. The company had revenue of $114.97 million during the quarter, compared to analysts’ expectations of $118.45 million. New Senior Investment Group had a negative return on equity of 10.16% and a negative net margin of 12.84%. New Senior Investment Group’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.32 earnings per share. On average, equities research analysts predict that New Senior Investment Group will post ($0.60) earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 22nd. Investors of record on Thursday, June 8th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 10.34%. The ex-dividend date of this dividend was Tuesday, June 6th. New Senior Investment Group’s payout ratio is presently -142.46%.
Several equities analysts recently commented on SNR shares. Morgan Stanley started coverage on shares of New Senior Investment Group in a research report on Monday, March 20th. They set an “underweight” rating and a $9.00 price target for the company. Stifel Nicolaus dropped their price target on shares of New Senior Investment Group from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Friday, May 12th. Canaccord Genuity reaffirmed a “buy” rating on shares of New Senior Investment Group in a research report on Monday, May 15th. Finally, Zacks Investment Research lowered shares of New Senior Investment Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 16th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $12.13.
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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