Senior Housing Reaches New 52-Week High (SNH)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Senior Housing Properties (NYSE: SNH) hit a new 52-week high Friday as it is currently trading at $25.56, above its previous 52-week high of $25.55 with 1.1 million shares traded as of 3:47 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Senior Housing has a market cap of $4.74 billion and is part of the financial sector and real estate industry. Shares are up 7.7% year to date as of the close of trading on Thursday.

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. The company has a P/E ratio of 31.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Senior Housing as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, solid stock price performance, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Senior Housing Ratings Report.

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