New Senior Investment Group (NYSE:SNR) Getting Somewhat Favorable Press Coverage, Study Shows

News stories about New Senior Investment Group (NYSE:SNR) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. New Senior Investment Group earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.160534023922 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s rankings:

Several research firms have recently commented on SNR. Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a report on Monday, May 15th. Zacks Investment Research lowered shares of New Senior Investment Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 16th. Stifel Nicolaus cut their price target on shares of New Senior Investment Group from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Friday, May 12th. Finally, BidaskClub lowered shares of New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $10.67.

New Senior Investment Group (NYSE:SNR) traded down 1.20% during midday trading on Friday, hitting $9.05. The stock had a trading volume of 777,273 shares. The company’s market cap is $743.44 million. New Senior Investment Group has a 12-month low of $8.82 and a 12-month high of $12.68. The company has a 50-day moving average price of $9.89 and a 200-day moving average price of $10.04.

New Senior Investment Group (NYSE:SNR) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.01. New Senior Investment Group had a negative return on equity of 5.28% and a negative net margin of 6.41%. The business had revenue of $114.29 million for the quarter, compared to analyst estimates of $114.70 million. During the same period in the prior year, the firm posted $0.32 EPS. Equities analysts anticipate that New Senior Investment Group will post ($0.64) EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be given a dividend of $0.26 per share. The ex-dividend date is Thursday, September 7th. This represents a $1.04 annualized dividend and a dividend yield of 11.49%. New Senior Investment Group’s dividend payout ratio is presently -288.88%.

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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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