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New Senior Investment Group

NYSE:SNR
Snowflake Description

Mediocre balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNR
NYSE
$548M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

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. The last earnings update was 43 days ago. More info.


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  • New Senior Investment Group has significant price volatility in the past 3 months.
SNR Share Price and Events
7 Day Returns
1.1%
NYSE:SNR
0.5%
US REITs
1.5%
US Market
1 Year Returns
-11.7%
NYSE:SNR
12.9%
US REITs
1%
US Market
SNR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New Senior Investment Group (SNR) 1.1% 2.5% 28.8% -11.7% -37.1% -
US REITs 0.5% 2% 4.2% 12.9% 10.6% 26.8%
US Market 1.5% 1% 1.4% 1% 37.6% 38.1%
1 Year Return vs Industry and Market
  • SNR underperformed the REITs industry which returned 12.9% over the past year.
  • SNR underperformed the Market in United States of America which returned 1% over the past year.
Price Volatility
SNR
Industry
5yr Volatility vs Market

Value

 Is New Senior Investment Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of New Senior Investment Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for New Senior Investment Group.

NYSE:SNR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations
Levered Adjusted Funds From Operations Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:SNR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.493 (1 + (1- 21%) (344.29%))
1.558
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.56
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.558 * 5.96%)
12.01%

Discounted Cash Flow Calculation for NYSE:SNR using 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations Model

The calculations below outline how an intrinsic value for New Senior Investment Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

New Senior Investment Group is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.

NYSE:SNR DCF 1st Stage: Next 10 year cash flow forecast
Adjusted Funds From Operations (AFFO) (USD, Millions) Source Present Value
Discounted (@ 12.01%)
2019 45.76 Analyst x1 40.85
2020 46.30 Analyst x1 36.90
2021 48.14 Est @ 3.97% 34.25
2022 49.87 Est @ 3.6% 31.68
2023 51.53 Est @ 3.34% 29.22
2024 53.16 Est @ 3.15% 26.91
2025 54.76 Est @ 3.03% 24.75
2026 56.37 Est @ 2.94% 22.75
2027 57.99 Est @ 2.88% 20.89
2028 59.64 Est @ 2.83% 19.18
Present value of next 10 years cash flows $287.37
NYSE:SNR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $59.64 × (1 + 2.73%) ÷ (12.01% – 2.73%)
$659.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $659.94 ÷ (1 + 12.01%)10
$212.23
NYSE:SNR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $287.37 + $212.23
$499.60
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $499.60 / 82.21
$6.08
NYSE:SNR Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.08
Current discount Discount to share price of $6.66
= -1 x ($6.66 - $6.08) / $6.08
-9.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of New Senior Investment Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New Senior Investment Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New Senior Investment Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SNR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-1.92
NYSE:SNR Share Price ** NYSE (2019-06-14) in USD $6.66
United States of America REITs Industry PE Ratio Median Figure of 155 Publicly-Listed REITs Companies 33.05x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New Senior Investment Group.

NYSE:SNR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SNR Share Price ÷ EPS (both in USD)

= 6.66 ÷ -1.92

-3.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Senior Investment Group is loss making, we can't compare its value to the US REITs industry average.
  • New Senior Investment Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does New Senior Investment Group's expected growth come at a high price?
Raw Data
NYSE:SNR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
85.5%per year
United States of America REITs Industry PEG Ratio Median Figure of 142 Publicly-Listed REITs Companies 2.33x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New Senior Investment Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New Senior Investment Group's assets?
Raw Data
NYSE:SNR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.17
NYSE:SNR Share Price * NYSE (2019-06-14) in USD $6.66
United States of America REITs Industry PB Ratio Median Figure of 191 Publicly-Listed REITs Companies 1.85x
United States of America Market PB Ratio Median Figure of 5,242 Publicly-Listed Companies 1.8x
NYSE:SNR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SNR Share Price ÷ Book Value per Share (both in USD)

= 6.66 ÷ 3.17

2.1x

* Primary Listing of New Senior Investment Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Senior Investment Group is overvalued based on assets compared to the US REITs industry average.
X
Value checks
We assess New Senior Investment Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. New Senior Investment Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
85.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New Senior Investment Group expected to grow at an attractive rate?
  • Unable to compare New Senior Investment Group's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare New Senior Investment Group's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • New Senior Investment Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:SNR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:SNR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 85.5%
NYSE:SNR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 2.4%
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 6.1%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:SNR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SNR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 493 1
2020-12-31 482 -35 2
2019-12-31 470 -39 1
NYSE:SNR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 463 94 -158
2018-12-31 444 121 -159
2018-09-30 433 101 -39
2018-06-30 428 115 -33
2018-03-31 433 55 9
2017-12-31 449 60 12
2017-09-30 460 92 -24
2017-06-30 465 88 -30
2017-03-31 469 97 -60
2016-12-31 472 102 -72
2016-09-30 473 95 -91
2016-06-30 460 96 -89

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • New Senior Investment Group is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • New Senior Investment Group's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SNR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from New Senior Investment Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SNR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 -0.40 -0.40 -0.40 1.00
2019-12-31 -0.44 -0.44 -0.44 1.00
NYSE:SNR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -1.92
2018-12-31 -1.94
2018-09-30 -0.48
2018-06-30 -0.41
2018-03-31 0.11
2017-12-31 0.15
2017-09-30 -0.29
2017-06-30 -0.36
2017-03-31 -0.73
2016-12-31 -0.88
2016-09-30 -1.10
2016-06-30 -1.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New Senior Investment Group will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess New Senior Investment Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New Senior Investment Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New Senior Investment Group's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New Senior Investment Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare New Senior Investment Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare New Senior Investment Group's 1-year growth to the US REITs industry average as it is not currently profitable.
Earnings and Revenue History
New Senior Investment Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New Senior Investment Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SNR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 462.70 -157.80 14.22
2018-12-31 444.30 -159.36 13.39
2018-09-30 432.75 -39.21 13.72
2018-06-30 427.94 -33.45 14.46
2018-03-31 433.38 8.75 15.05
2017-12-31 449.13 12.21 15.31
2017-09-30 459.71 -24.12 15.29
2017-06-30 465.21 -29.82 15.01
2017-03-31 469.47 -60.30 14.84
2016-12-31 472.44 -72.25 15.19
2016-09-30 473.38 -91.47 16.14
2016-06-30 459.90 -89.19 15.62
2016-03-31 432.56 -83.02 16.19
2015-12-31 388.48 -82.43 15.23
2015-09-30 340.43 -73.69 15.55
2015-06-30 302.59 -66.88 13.80
2015-03-31 271.01 -56.72 10.48
2014-12-31 254.99 -46.40 7.42
2014-09-30 218.99 -48.24 4.63
2014-06-30 176.11 -45.77 3.41
2014-03-31 129.99 -38.82 3.14
2013-12-31 85.14 -30.05 2.52
2012-12-31 37.68 -7.34 0.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if New Senior Investment Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if New Senior Investment Group has efficiently used its assets last year compared to the US REITs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if New Senior Investment Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess New Senior Investment Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New Senior Investment Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is New Senior Investment Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New Senior Investment Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New Senior Investment Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • New Senior Investment Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of New Senior Investment Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New Senior Investment Group Company Filings, last reported 2 months ago.

NYSE:SNR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 301.19 1,885.06 41.62
2018-12-31 322.45 1,884.88 73.02
2018-09-30 379.76 1,951.88 157.47
2018-06-30 410.74 1,951.04 170.86
2018-03-31 471.18 1,902.90 120.83
2017-12-31 505.89 1,907.93 137.33
2017-09-30 493.72 2,089.44 48.40
2017-06-30 529.62 2,095.60 60.53
2017-03-31 547.78 2,113.28 50.34
2016-12-31 578.90 2,130.39 58.15
2016-09-30 603.08 2,146.29 73.42
2016-06-30 644.53 2,148.01 83.67
2016-03-31 693.29 2,149.65 79.96
2015-12-31 767.33 2,151.32 117.16
2015-09-30 822.12 2,127.18 157.13
2015-06-30 840.08 1,682.86 343.64
2015-03-31 627.30 1,614.76 108.10
2014-12-31 648.54 1,223.22 226.38
2014-09-30 577.87 1,148.01 42.55
2014-06-30 580.60 1,104.18 47.54
2014-03-31 400.95 1,091.90 37.01
2013-12-31 407.84 1,077.17 30.39
2012-12-31 69.70 120.53 9.72
  • New Senior Investment Group's level of debt (625.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (271% vs 625.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making New Senior Investment Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making New Senior Investment Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -3.3% per year.
X
Financial health checks
We assess New Senior Investment Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New Senior Investment Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.81%
Current annual income from New Senior Investment Group dividends. Estimated to be 7.99% next year.
If you bought $2,000 of New Senior Investment Group shares you are expected to receive $156 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • New Senior Investment Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • New Senior Investment Group's dividend is above the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:SNR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 185 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:SNR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.56 1.00
2020-12-31 0.53 2.00
2019-12-31 0.52 2.00
NYSE:SNR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-03 0.520 8.098
2019-02-26 0.520 9.813
2019-02-22 0.520 9.747
2018-11-01 0.520 10.402
2018-08-09 0.520 8.774
2018-06-01 1.040 14.088
2018-02-23 1.040 12.858
2017-11-03 1.040 13.594
2017-08-04 1.040 11.388
2017-08-03 1.040 11.087
2017-05-04 1.040 10.456
2017-03-01 1.040 10.191
2017-02-28 1.040 9.858
2016-11-02 1.040 10.348
2016-08-04 1.040 9.149
2016-05-05 1.040 9.525
2016-02-26 1.040 10.191
2016-02-25 1.040 11.118
2015-11-06 1.040 11.266
2015-11-05 1.040 10.650
2015-06-08 1.040 8.626
2015-04-07 0.920 5.681
2014-12-22 0.920 5.466

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Senior Investment Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • New Senior Investment Group has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of New Senior Investment Group's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • The company is expected to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not expected to be well covered.
X
Income/ dividend checks
We assess New Senior Investment Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New Senior Investment Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New Senior Investment Group has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of New Senior Investment Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Susan Givens
COMPENSATION $0
AGE 41
TENURE AS CEO 4.7 years
CEO Bio

Ms. Susan Givens has served as the Chief Executive Officer of New Senior Investment Group and as a member of its Board of Directors since October 2014. Ms. Givens has nearly 20 years of private equity, capital markets, M&A, general management and finance experience. Ms. Givens previously served as the Chief Financial Officer and Treasurer of New Residential Investment Corp. Ms. Givens also previously served as a Managing Director in Fortress’s Private Equity group, where she was responsible for various financial services, real estate, infrastructure and leisure investments. In addition, Ms. Givens was also responsible for overseeing equity capital markets transactions in the Private Equity group. Prior to joining Fortress in 2006, she held various private equity and investment banking roles at Seaport Capital and Deutsche Bank. She served as a Director of Springleaf Finance Corporation (Alternative Name is American General Finance Corp) from November 30, 2010 to December 19, 2012. She served as a Director of Springleaf Finance, Inc. Ms. Givens received a BA in Political Science from Middlebury College and an MBA from Harvard Business School.

CEO Compensation
  • Insufficient data for Susan to compare compensation growth.
  • Susan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the New Senior Investment Group management team in years:

1.8
Average Tenure
40.5
Average Age
  • The average tenure for the New Senior Investment Group management team is less than 2 years, this suggests a new team.
Management Team

Susan Givens

TITLE
CEO & Director
AGE
41
TENURE
4.7 yrs

Bhairav Patel

TITLE
Executive Vice President of Finance & Accounting
COMPENSATION
$884K
AGE
40
TENURE
3.3 yrs

David Smith

TITLE
Executive VP & CFO
AGE
37
TENURE
0.4 yrs

Lori Marino

TITLE
Executive VP
TENURE
0.2 yrs

Cameron MacDougall

TITLE
Secretary
AGE
42

Jane Ryu

TITLE
Vice President
Board of Directors Tenure

Average tenure and age of the New Senior Investment Group board of directors in years:

4.7
Average Tenure
50
Average Age
  • The tenure for the New Senior Investment Group board of directors is about average.
Board of Directors

Bob Savage

TITLE
Chairman
COMPENSATION
$450K
AGE
50
TENURE
0.4 yrs

Susan Givens

TITLE
CEO & Director
AGE
41
TENURE
4.7 yrs

Virgis Colbert

TITLE
Director
COMPENSATION
$150K
AGE
78
TENURE
4.7 yrs

Mike Malone

TITLE
Director
COMPENSATION
$150K
AGE
64
TENURE
4.7 yrs

Stuart McFarland

TITLE
Director
COMPENSATION
$160K
AGE
71
TENURE
4.7 yrs

Cassia van der Hoof Holstein

TITLE
Director
COMPENSATION
$150K
AGE
42
TENURE
4.7 yrs

David Milner

TITLE
Independent Director
COMPENSATION
$425K
AGE
50
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess New Senior Investment Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New Senior Investment Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Appears On The New Senior Investment Group Inc.'s (NYSE:SNR) Shareholder Register?

Check out our latest analysis for New Senior Investment Group NYSE:SNR Ownership Summary, May 29th 2019 What Does The Institutional Ownership Tell Us About New Senior Investment Group? … As you can see, institutional investors own 60% of New Senior Investment Group. … Insider Ownership Of New Senior Investment Group The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

The New Senior Investment Group (NYSE:SNR) Share Price Is Down 47% So Some Shareholders Are Getting Worried

New Senior Investment Group isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … When a company doesn't make profits, we'd generally expect to see good revenue growth. … Over the last three years, New Senior Investment Group's revenue dropped 1.4% per year.

Simply Wall St -

Is New Senior Investment Group Inc. (NYSE:SNR) A Healthy REIT?

New Senior Investment Group Inc. … real estate investment trust (REIT) based in New York, United States. … View our latest analysis for New Senior Investment Group.

Simply Wall St -

How New Senior Investment Group Inc. (NYSE:SNR) Can Impact Your Portfolio Volatility

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Can We See Significant Institutional Ownership On The New Senior Investment Group Inc. (NYSE:SNR) Share Register?

Every investor in New Senior Investment Group Inc. … Generally speaking, as a company grows, institutions will increase their ownership. … New Senior Investment Group is a smaller company with a market capitalization of US$389m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

One Metric To Rule Them All: New Senior Investment Group Inc (NYSE:SNR)

New Senior Investment Group Inc is a US$467m. … real estate investment trust (REIT) based in New York, United States. … Check out our latest analysis for New Senior Investment Group

Simply Wall St -

Who Owns New Senior Investment Group Inc (NYSE:SNR)?

In this article, I will take a quick look at New Senior Investment Group Inc’s (NYSE:SNR) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … NYSE:SNR Ownership Summary August 30th 18

Simply Wall St -

What You Must Know About New Senior Investment Group Inc's (NYSE:SNR) 1.86% ROE

and want to begin learning the link between New Senior Investment Group Inc (NYSE:SNR)’s return fundamentals and stock market performance. … New Senior Investment Group Inc (NYSE:SNR) generated a below-average return on equity of 1.86% in the past 12 months, while its industry returned 7.63%. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into SNR's past performance

Simply Wall St -

Who Are The Major Shareholders In New Senior Investment Group Inc (NYSE:SNR)?

Check out our latest analysis for New Senior Investment Group NYSE:SNR Ownership_summary May 18th 18 Institutional Ownership SNR's 70.96% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … General Public Ownership The general public holds a substantial 27.29% stake in SNR, making it a highly popular stock among retail investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses.

Simply Wall St -

Can New Senior Investment Group Inc (NYSE:SNR) Improve Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … SNR's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … SNR, with its market capitalisation of US$671.98M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

Company Info

Description

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. As of March 31, 2019, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

Details
Name: New Senior Investment Group Inc.
SNR
Exchange: NYSE
Founded:
$547,517,561
82,209,844
Website: http://www.newseniorinv.com
Address: New Senior Investment Group Inc.
55 West 46th Street,
Suite 2204,
New York,
New York, 10036,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SNR Common Stock New York Stock Exchange US USD 28. Oct 2014
Number of employees
Current staff
Staff numbers
16
New Senior Investment Group employees.
Industry
Health Care REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 00:44
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/30
Last earnings filing: 2019/05/03
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.