New Senior Investment Group (SNR) : 2 analysts are covering New Senior Investment Group (SNR) and their average rating on the stock is 3.5, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
New Senior Investment Group (NYSE:SNR): The stock opened in the green at $11.45 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $11.57 and a low of $11.24 for the day. The stock did not find buyers even at the lows and closed at $11.3 recording a loss of -1.65%. 529,978 shares exchanged hands during the trading day. The stock had closed at $11.49 in the previous days trading.
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.