DB:SNF

Stock Analysis Report

Senior Housing Properties Trust

Executive Summary

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States.

Snowflake

Fundamentals

Average dividend payer with limited growth.


Similar Companies

Share Price & News

How has Senior Housing Properties Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

SNF

-0.2%

DE REITs

1.4%

DE Market


1 Year Return

-43.1%

SNF

24.9%

DE REITs

3.7%

DE Market

Return vs Industry: SNF underperformed the German REITs industry which returned 24.9% over the past year.

Return vs Market: SNF underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

SNFIndustryMarket
7 Day0.7%-0.2%1.4%
30 Day6.8%4.0%1.3%
90 Day16.7%9.6%3.4%
1 Year-37.6%-43.1%29.4%24.9%7.0%3.7%
3 Year-46.7%-58.1%31.6%13.0%18.5%8.3%
5 Year-27.9%-51.9%58.2%23.8%42.2%22.9%

Price Volatility Vs. Market

How volatile is Senior Housing Properties Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Senior Housing Properties Trust undervalued compared to its fair value and its price relative to the market?

0.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: SNF (€8.27) is trading above our estimate of fair value (€7.47)

Significantly Undervalued: SNF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SNF is unprofitable, so we can't compare its PE Ratio to the REITs industry average.

PE vs Market: SNF is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SNF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNF is good value based on its PB Ratio (0.8x) compared to the DE REITs industry average (1.6x).


Next Steps

Future Growth

How is Senior Housing Properties Trust forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

105.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNF is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SNF is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SNF is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SNF's revenue (25.7% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: SNF's revenue (25.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: SNF's Return on Equity is forecast to be low in 3 years time (1.4%).


Next Steps

Past Performance

How has Senior Housing Properties Trust performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SNF is unprofitable, but has reduced losses over the past 5 years at a rate of 6.4% per year.

Accelerating Growth: Unable to compare SNF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNF is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (103.4%).


Return on Equity

High ROE: SNF has a negative Return on Equity (-2.45%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SNF is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SNF is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Senior Housing Properties Trust's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: SNF has a high level of physical assets or inventory.

Debt Coverage by Assets: SNF's debt is not covered by short term assets (assets are 0x debt).


Financial Institutions Analysis

Asset Level: SNF's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SNF has a sufficient allowance for bad loans.

Low Risk Liabilities: SNF reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SNF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SNF has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SNF has an appropriate level of bad loans.


Next Steps

Dividend

What is Senior Housing Properties Trust's current dividend yield, its reliability and sustainability?

6.39%

Current Dividend Yield


Dividend Yield vs Market

company6.4%marketbottom25%1.5%markettop25%3.8%industryaverage3.0%forecastin3Years7.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SNF's dividend (6.39%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: SNF's dividend (6.39%) is in the top 25% of dividend payers in the German market (3.83%)

Stable Dividend: SNF's dividend payments have been volatile in the past 10 years.

Growing Dividend: SNF's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (93.1%), SNF's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNF's dividends in 3 years are forecast to be thoroughly covered by earnings (0.2% payout ratio).


Next Steps

Management

What is the CEO of Senior Housing Properties Trust's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Senior Housing Properties Trust has no CEO, or we have no data on them.


Management Age and Tenure

3.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: SNF's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

10.8yrs

Average Tenure

57yo

Average Age

Experienced Board: SNF's board of directors are seasoned and experienced ( 10.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jennifer Clark (57yo)

    Secretary & Managing Trustee

    • Tenure: 1.6yrs
    • Compensation: US$96.66k
  • Adam Portnoy (49yo)

    Managing Trustee

    • Tenure: 12.4yrs
    • Compensation: US$49.68k
  • Brad Shepherd

    Senior Director of Investor Relations

    • Tenure: 0yrs
  • Richard Siedel (39yo)

    CFO & Treasurer

    • Tenure: 3.8yrs
    • Compensation: US$152.92k
  • Mintzer Francis (54yo)

    President & COO

    • Tenure: 1.4yrs
    • Compensation: US$149.69k
  • Michael Kodesch

    Director of Investor Relations

    • Tenure: 0yrs

Board Members

  • Jennifer Clark (57yo)

    Secretary & Managing Trustee

    • Tenure: 1.6yrs
    • Compensation: US$96.66k
  • John Harrington (83yo)

    Independent Trustee

    • Tenure: 20yrs
    • Compensation: US$134.68k
  • Adam Portnoy (49yo)

    Managing Trustee

    • Tenure: 12.4yrs
    • Compensation: US$49.68k
  • Jeffrey Somers (76yo)

    Independent Trustee

    • Tenure: 10.8yrs
    • Compensation: US$143.43k
  • Lisa Harris Jones (51yo)

    Lead Independent Trustee

    • Tenure: 0.8yrs
    • Compensation: US$129.68k

Company Information

Senior Housing Properties Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Senior Housing Properties Trust
  • Ticker: SNF
  • Exchange: DB
  • Founded: 1998
  • Industry: Health Care REITs
  • Sector: Real Estate
  • Market Cap: US$2.231b
  • Listing Market Cap: US$2.003b
  • Shares outstanding: 237.74m
  • Website: https://www.snhreit.com

Location

  • Senior Housing Properties Trust
  • Two Newton Place
  • Suite 300
  • Newton
  • Massachusetts
  • 2458
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNHNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDOct 1999
SNFDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1999
0L5ELSE (London Stock Exchange)YesCommon SharesGBUSDOct 1999
SNHN.LNasdaqGS (Nasdaq Global Select)SR NT 46USUSDFeb 2016

Biography

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. SNH is managed by the oper ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:48
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.