Company Quick10K Filing
Senior Housing Properties Trust
10-K 2019-12-31 Filed 2020-03-02
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-06
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-02-27
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-02-27
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-02-24
10-Q 2015-09-30 Filed 2015-11-04
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-06
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-03
10-Q 2014-06-30 Filed 2014-08-04
10-Q 2014-03-31 Filed 2014-05-05
10-K 2013-12-31 Filed 2014-03-03
10-Q 2013-09-30 Filed 2013-10-30
10-Q 2013-06-30 Filed 2013-07-31
10-Q 2013-03-31 Filed 2013-05-01
10-K 2012-12-31 Filed 2013-02-19
10-Q 2012-09-30 Filed 2012-10-30
10-Q 2012-06-30 Filed 2012-08-01
10-Q 2012-03-31 Filed 2012-05-01
10-K 2011-12-31 Filed 2012-02-17
10-Q 2011-09-30 Filed 2011-10-28
10-Q 2011-06-30 Filed 2011-07-28
10-Q 2011-03-31 Filed 2011-04-28
10-K 2010-12-31 Filed 2011-02-24
10-Q 2010-09-30 Filed 2010-11-01
10-Q 2010-06-30 Filed 2010-08-02
10-Q 2010-03-31 Filed 2010-05-05
10-K 2009-12-31 Filed 2010-02-19
8-K 2020-03-02 Earnings, Exhibits
8-K 2020-01-01 Enter Agreement, Leave Agreement, Amend Bylaw, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-05-21 Shareholder Vote, Other Events, Exhibits
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-04-02 Regulation FD, Exhibits
8-K 2019-04-01 Amend Bylaw, Exhibits
8-K 2019-04-01 Enter Agreement, Exhibits
8-K 2019-03-11 Other Events, Exhibits
8-K 2019-03-01 Earnings, Exhibits
8-K 2019-01-14 Earnings
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-07-03 Exhibits
8-K 2018-05-22 Shareholder Vote, Other Events, Exhibits
8-K 2018-05-14 Regulation FD, Exhibits
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-03-29 Officers
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-02-25 Other Events, Exhibits
8-K 2018-02-08 Other Events, Exhibits
8-K 2018-01-19 Earnings
8-K 2018-01-19 Other Events, Exhibits

Senior Housing Properties Trust Financials

SNH Metrics, Comps, Filings

Quarterly | Annual

Business

We are a real estate investment trust, or REIT, that was organized under the laws of the State of Maryland in 1998. As of December 31, 2018, we owned 443 properties (469 buildings) located in 42 states and Washington, D.C. On that date, the undepreciated carrying value of our properties, which represents the gross book value of our real estate assets before depreciation and purchase price allocations, less impairment write downs, was $8.4 billion, excluding properties classified as held for sale. Our portfolio includes: 129 properties (155 buildings) leased to medical providers, medical related businesses, clinics and biotech laboratory tenants, or MOBs, with 12.6 million square feet of space and an undepreciated carrying value of $3.8 billion; 304 senior living communities, including independent living, assisted living, memory care and skilled nursing facilities, or SNFs, with 33,796 living units, with an undepreciated carrying value of $4.5 billion; and 10 wellness centers with approximately 812,000 square feet of interior space plus outdoor developed facilities with an undepreciated carrying value of $178.1 million.

Our principal executive offices are located at Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458-1634, and our telephone number is (617) 796-8350.

We believe that the aging of the U.S. population will increase demand for existing MOBs, independent and assisted senior living communities, SNFs, wellness centers and other medical and healthcare related properties. We plan to profit from this demand by acquiring additional properties and entering into leases and management arrangements with qualified tenants and managers which generate returns to us that exceed our operating and capital costs, including structuring leases that provide for or permit periodic rent increases.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Retail Opportunity Investments (ROIC) 2,307 0% 13.2 2% 2,933 1,648 297 0 54 174 2,299
Redwood Trust (RWT) 2,277 8.7 1% 15,476 13,691 0 0 119 545 4,725
Invesco Mortgage Capital (IVR) 2,246 39.4 0% 24,061 21,150 0 0 85 552 21,762
DiamondRock Hospitality (DRH) 2,116 0% 15.2 2% 3,315 1,505 924 0 74 206 3,133
Alexanders (ALX) 1,749 0% 17.8 4% 1,283 1,021 228 0 56 80 1,435
Four Corners Property Trust (FCPT) 1,923 0% 19.1 4% 1,348 669 157 0 54 99 1,893
Colony Credit Real Estate (CLNC) 1,877 0% -16.0 -6% 7,444 5,235 438 0 -448 -302 4,835
Senior Housing Properties Trust (SNH) 2,212 0% 6.1 -0% 6,917 3,949 1,069 0 -4 353 2,149
Uniti Group (UNIT) 1,499 0% 10.2 1% 5,031 6,468 1,060 0 37 642 6,531
LTC Properties (LTC) 2,025 0% 22.4 5% 1,512 718 173 0 68 121 2,702
Pennymac Mortgage Investment Trust (PMT) 2,064 0% 4.7 2% 10,745 8,525 191 0 221 463 2,200
Hannon Armstrong Sustainable Infrastructure Capital (HASI) 1,951 0% 25.4 2% 2,279 1,397 142 0 45 94 2,387
Chesapeake Lodging Trust (CHSP) 1,757 0% 13.7 5% 1,947 918 592 0 93 177 2,426
Ladder Capital (LADR) 1,837 5.6 2% 6,620 4,981 0 0 118 308 1,715
Alexander & Baldwin (ALEX) 1,774 0% -21.3 -8% 2,122 985 627 0 -178 -117 2,499
National Storage Affiliates Trust (NSA) 1,970 54% 10.6 2% 3,111 1,654 377 205 62 182 1,920
Essential Properties Realty Trust (EPRT) 1,851 0% 25.3 2% 1,805 704 129 0 42 92 2,334
Global Net Lease (GNL) 1,735 68% 7.9 1% 3,609 1,983 301 205 34 180 1,425
Tanger Factory Outlet Centers (SKT) 1,547 0% 11.9 5% 2,324 1,826 485 0 126 265 3,149
Tier REIT (TIER) 1,544 47% 31.4 -2% 1,544 762 106 50 -28 70 2,193

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash259111528272520214239375239337981287852613839264132322729315313915670556163
Accounts Receivable
Inventory
PP&E2,8522,8623,2233,3113,4993,6924,0794,1784,3724,4324,4794,3914,3904,4234,4105,2595,2385,2555,6946,3266,3386,3096,2976,4196,3876,4036,3916,3736,3626,3706,4536,4326,4106,3426,2996,3246,190
Assets2,9933,0003,3933,5253,7334,0034,3844,4674,6464,7484,8114,7494,8074,7654,7796,0175,9895,9686,5377,3487,3537,1847,1547,2667,2307,2287,2207,1847,1887,2947,3847,4367,4537,1607,1467,0996,917
Accounts Payable
Long-Term Debt3,684
Liabilities1,1311,1471,2651,4141,6301,6941,9382,0501,9752,1011,9271,9362,0311,9882,0382,9873,0053,0162,9623,7823,8473,8243,8313,9803,9914,0283,8013,8433,9004,0173,9683,9924,0593,9814,0324,0623,949
Stockholders' Equity2,3102,4462,4162,6712,6472,8842,8122,7762,7772,7413,0302,9842,9523,5753,5663,5063,3603,3233,2863,2393,1993,2373,1613,1113,1053,2483,2793,2343,0232,9612,8882,823
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue113145147159194189187187200191207217230229247255268258261264274265265267279276277279285266262256
Cost of Revenue
Gross Profit
R&D
SG&A56567788879888810101111121010111212121523204625293110910
Tax000000000000000000000000000000000000
Net Income25283432513928433216366523712547-11932111-28
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating555465687274924474975990891036910411210485123931268411587123838495107428470
Cash Investing-35-399-149-152-33-73-140-81-77-8430-65-1,099-19-82-521-626-49-17-46-180-5-61-44-28-52-978081-25-43-5875
Cash Financing-363488797-38-64959-02-102-321,056-82-41467488-46-91-7573-106-32-70-64-6917-158-90-65-14-20-143