Somewhat Positive Media Coverage Somewhat Unlikely to Impact New Senior Investment Group (SNR) Stock Price
Media coverage about New Senior Investment Group (NYSE:SNR) has trended somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. New Senior Investment Group earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.5371132755543 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of New Senior Investment Group (SNR) traded up $0.17 during midday trading on Monday, hitting $7.84. The stock had a trading volume of 1,872,400 shares, compared to its average volume of 637,516. New Senior Investment Group has a twelve month low of $7.62 and a twelve month high of $10.82. The stock has a market capitalization of $644.05, a price-to-earnings ratio of 6.70 and a beta of 0.86. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.82 and a current ratio of 1.82.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 13.27%. The ex-dividend date of this dividend is Thursday, December 7th. New Senior Investment Group’s payout ratio is -358.61%.
A number of analysts have recently issued reports on the company. Zacks Investment Research raised New Senior Investment Group from a “strong sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley dropped their target price on New Senior Investment Group from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday. Finally, Compass Point lowered New Senior Investment Group from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $13.00 to $10.00 in a research report on Thursday, August 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $9.33.
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About New Senior Investment Group
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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