NYSE:SNR

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New Senior Investment Group

Executive Summary

New Senior Investment Group Inc. (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States.


Snowflake Analysis

Fair value second-rate dividend payer.


Similar Companies

Share Price & News

How has New Senior Investment Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SNR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.7%

SNR

-2.5%

US REITs

2.3%

US Market


1 Year Return

-53.3%

SNR

-11.6%

US REITs

6.7%

US Market

Return vs Industry: SNR underperformed the US REITs industry which returned -11.6% over the past year.

Return vs Market: SNR underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

SNRIndustryMarket
7 Day-11.7%-2.5%2.3%
30 Day-10.5%-2.5%6.0%
90 Day0.6%3.3%18.9%
1 Year-49.2%-53.3%-8.0%-11.6%9.0%6.7%
3 Year-58.3%-69.2%12.1%-1.7%36.6%27.7%
5 Year-61.4%-76.2%39.4%10.8%64.2%46.1%

Price Volatility Vs. Market

How volatile is New Senior Investment Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is New Senior Investment Group undervalued compared to its fair value and its price relative to the market?

29.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SNR ($3.16) is trading below our estimate of fair value ($4.47)

Significantly Below Fair Value: SNR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SNR is poor value based on its PE Ratio (57.1x) compared to the US REITs industry average (27.2x).

PE vs Market: SNR is poor value based on its PE Ratio (57.1x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: SNR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SNR is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.3x).


Next Steps

Future Growth

How is New Senior Investment Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-113.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNR's earnings are forecast to decline over the next 3 years (-113.2% per year).

Earnings vs Market: SNR's earnings are forecast to decline over the next 3 years (-113.2% per year).

High Growth Earnings: SNR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SNR's revenue (3.2% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: SNR's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNR is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has New Senior Investment Group performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNR has a large one-off gain of $30.5M impacting its March 31 2020 financial results.

Growing Profit Margin: SNR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SNR has become profitable over the past 5 years, growing earnings by 6.9% per year.

Accelerating Growth: SNR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SNR has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (5.3%).


Return on Equity

High ROE: SNR's Return on Equity (2.7%) is considered low.


Next Steps

Financial Health

How is New Senior Investment Group's financial position?


Financial Position Analysis

Short Term Liabilities: SNR's short term assets ($150.7M) exceed its short term liabilities ($27.9M).

Long Term Liabilities: SNR's short term assets ($150.7M) do not cover its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: SNR's debt to equity ratio (609.2%) is considered high.

Reducing Debt: SNR's debt to equity ratio has increased from 255.7% to 609.2% over the past 5 years.

Debt Coverage: SNR's debt is not well covered by operating cash flow (5.1%).

Interest Coverage: SNR's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


Next Steps

Dividend

What is New Senior Investment Group current dividend yield, its reliability and sustainability?

8.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SNR's dividend (8.23%) is higher than the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: SNR's dividend (8.23%) is in the top 25% of dividend payers in the US market (4.6%)


Stability and Growth of Payments

Stable Dividend: SNR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SNR has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.8%), SNR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNR is forecast to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not forecast to be well covered.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Susan Givens (43yo)

5.75yrs

Tenure

US$11,319,108

Compensation

Ms. Susan L. Givens has served as the Chief Executive Officer and President of New Senior Investment Group and as a member of its Board of Directors since October 2014. Ms. Givens has private equity, capit ...


CEO Compensation Analysis

Compensation vs Market: Susan's total compensation ($USD11.32M) is above average for companies of similar size in the US market ($USD1.35M).

Compensation vs Earnings: Insufficient data to compare Susan's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Susan Givens
President5.75yrsUS$11.32m0.55% $1.4m
Bhairav Patel
Executive VP of Finance & Accounting0.83yrUS$2.10m0.091% $237.4k
Lori Marino
Executive VP1.25yrsUS$2.07m0.072% $189.7k
Jane Ryu
Managing Director of Asset Managementno datano datano data

1.3yrs

Average Tenure

43yo

Average Age

Experienced Management: SNR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Susan Givens
President5.75yrsUS$11.32m0.55% $1.4m
Stuart McFarland
Independent Director5.75yrsUS$207.49k0.040% $103.7k
Robert Savage
Independent Chairman1.5yrsUS$208.54k0.36% $952.6k
Virgis Colbert
Independent Director5.75yrsUS$194.72k0.049% $127.7k
Michael Malone
Independent Director5.75yrsUS$200.25k0.033% $87.7k
Cassia van der Hoof Holstein
Independent Director5.75yrsUS$194.72k0.037% $97.5k
David Milner
Independent Director2.33yrsUS$200.25k0.18% $483.0k

5.8yrs

Average Tenure

52yo

Average Age

Experienced Board: SNR's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

New Senior Investment Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: New Senior Investment Group Inc.
  • Ticker: SNR
  • Exchange: NYSE
  • Founded:
  • Industry: Health Care REITs
  • Sector: Real Estate
  • Market Cap: US$261.902m
  • Shares outstanding: 82.88m
  • Website: https://www.newseniorinv.com

Number of Employees


Location

  • New Senior Investment Group Inc.
  • 55 West 46th Street
  • Suite 2204
  • New York
  • New York
  • 10036
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNRNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2014

Biography

New Senior Investment Group Inc. (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. New Senior is one of the largest owners of senior housing properties, with 103 properties across 36 states. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 08:48
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.