New Senior Investment Group Inc. (SNR) Scheduled to Post Earnings on Friday

New Senior Investment Group Inc. (NYSE:SNR) is set to post its quarterly earnings results before the market opens on Friday, November 3rd. Analysts expect New Senior Investment Group to post earnings of ($0.14) per share for the quarter.

New Senior Investment Group (NYSE:SNR) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.01). The company had revenue of $114.29 million during the quarter, compared to analysts’ expectations of $114.70 million. New Senior Investment Group had a negative net margin of 6.41% and a negative return on equity of 5.28%. During the same quarter last year, the business posted $0.32 earnings per share. On average, analysts expect New Senior Investment Group to post $1.13 EPS for the current fiscal year and $1.15 EPS for the next fiscal year.

A number of research firms have weighed in on SNR. Zacks Investment Research cut shares of New Senior Investment Group from a “hold” rating to a “sell” rating in a research report on Saturday, July 22nd. Stifel Nicolaus reissued a “hold” rating and issued a $10.00 price objective on shares of New Senior Investment Group in a research report on Friday, July 14th. BidaskClub cut shares of New Senior Investment Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Compass Point cut shares of New Senior Investment Group from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $13.00 to $10.00 in a research report on Thursday, August 31st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.67.

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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.

Earnings History for New Senior Investment Group (NYSE:SNR)

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