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SNR News and Press, New Senior Investment Group Inc. From 11/23/20

Stock Information

Company Name: New Senior Investment Group Inc.
Stock Symbol: SNR
Market: NYSE
Website: newseniorinv.com

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SNR - New Senior Announces Election of Norman K. Jenkins to Board of Directors

New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE: SNR) announced today the election of Norman K. Jenkins, President, Chief Executive Officer and Managing Partner of Capstone Development, LLC, as an independent director to the Company...

SNR - REITs get a premarket boost from COVID-19 vaccine news

REITs that suffered the most from the pandemic are getting another boost with the news that another COVID-19 vaccine candidate will be submitted for emergency use authorization in the coming weeks.On a broad scale, the Vanguard Real Estate ETF (VNQ) gains 1.9% in premarket trading.S...

SNR - Buy Recession-Proof Hospitals: Medical Properties Yields 5.6%

Earlier this year, the market panicked and gave investors a great deal. MPW's earnings proved their business model is resilient. Revenue, FFO and AFFO all grew at a double-digit pace. Buy for 5.6% dividend yield today, hold for the growth. For further details see: Bu...

SNR - The State Of REITs: November 2020 Edition

The REIT sector has now endured losses in 7 of the first 10 months of 2020, with a -2.69% total return in October. Small-cap REITs were the hardest hit in October with an average return of -3.46%, while micro caps remained flat with an average return of -0.02%. Only 26.67% of REIT...

SNR - Vaccine Powers REITs To Historic Rebound

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

SNR - New Senior says occupancy falls less than expected in October

New Senior Investment Group (SNR) said strong move-in volume over the last several days of October resulted in better-than-expected occupancy at the end of the month.Occupancy was 83.1% at the end of October, down 20 basis points M/M, better than its preliminary estimate of a 40-bp drop.Previ...

SNR - New Senior Provides Update for NAREIT REITworld 2020 Investor Conference

New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE: SNR) announced today that management will participate in the NAREIT REITworld 2020 Investor Conference. The conference is scheduled for November 17 – 19, 2020. New Senior is also p...

SNR - Divided Nation Lifts REITs

U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...

SNR - Rents Paid, Dividends Raised: REIT Earnings Recap

Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...

SNR - New Senior: Giving Credit Where Credit Is Due

New Senior Investment Group Inc. has delivered a rather impressive performance in 2020. The challenges were extreme, but New Senior has managed to surprise to the upside in the last two quarters. We still need to see how this plays out beyond 2020 to get excited about the REIT as ...

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