New Senior Investment Group (SNR) : 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on New Senior Investment Group (SNR). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 2 Wall Street Analysts endorse the stock as a Hold with a rating of 3.5.
For the current week, the company shares have a recommendation consensus of Buy.
New Senior Investment Group (NYSE:SNR): The stock opened at $11.90 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.98 for the day. The stock traded down to $11.76 during the day, due to lack of any buying support eventually closed down at $11.86 with a loss of -0.34% for the day. The stock had closed at $11.90 on the previous day. The total traded volume was 784,248 shares.
New Senior Investment Group Inc. is a real estate investment trust (REIT) with a portfolio of senior housing properties across the United States. The Companys portfolio is categorized into two segments: Managed Properties, which are operated by property managers pursuant to property management agreements and Triple Net Lease Properties, which the Company lease to tenants. The Companys managed portfolio includes 42 assisted living, memory care and independent living properties. Its triple net lease portfolio includes 57 assisted living, memory care, independent living and continuing care retirement communities. The Company is an owner of senior housing properties and owns approximately 121 properties across 31 states. The Company has approximately 56 independent living (IL) properties, 40 assisted living/memory care (AL/MC) properties and four continuing care retirement communities (CCRC) properties.