Senior Housing Properties Trust (SNH): Today's Featured Real Estate Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole was unchanged today. By the end of trading, Senior Housing Properties fell $0.62 (-2.4%) to $25.78 on average volume. Throughout the day, 1,342,491 shares of Senior Housing Properties exchanged hands as compared to its average daily volume of 1,487,400 shares. The stock ranged in price between $25.66-$26.68 after having opened the day at $26.61 as compared to the previous trading day's close of $26.40. Other companies within the Real Estate industry that declined today were:
(
), down 12.4%,
(
), down 11.6%,
(
), down 5.8% and
(
), down 5.6%.
Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. Senior Housing Properties has a market cap of $5.0 billion and is part of the financial sector. Shares are up 12.8% year to date as of the close of trading on Monday. Currently there are no analysts that rate Senior Housing Properties a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Senior Housing Properties
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Senior Housing Properties Ratings Report.
On the positive front,
(
), up 6.1%,
American Capital Mortgage Investment
(
), up 5.7%,
(
), up 5.7% and
(
), up 5.1% , were all gainers within the real estate industry with
(
) being today's featured real estate industry leader.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
iShares Dow Jones US Real Estate
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
- Find other investment ideas from our top rated ETFs lists.
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