Company Quick10K Filing
New Senior Investment Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 82 $580
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-26 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-03-01 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-11-25 Quarter: 2014-09-30
8-K 2020-02-10 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-11-05 Other Events, Exhibits
8-K 2019-10-31 Enter Agreement, Earnings, Exhibits
8-K 2019-09-03 Officers, Regulation FD, Exhibits
8-K 2019-08-02 Earnings, Exhibits
8-K 2019-06-19 Officers, Exhibits
8-K 2019-06-12 Shareholder Vote, Exhibits
8-K 2019-05-03 Earnings, Exhibits
8-K 2019-04-24 Other Events, Exhibits
8-K 2019-02-22 Earnings, Exhibits
8-K 2018-12-31 Enter Agreement, Leave Agreement, Shareholder Rights, Officers, Amend Bylaw, Code of Ethics, Exhibits
8-K 2018-12-18 Officers, Other Events, Exhibits
8-K 2018-12-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-19 Enter Agreement, Leave Agreement, Sale of Shares, Officers, Other Events, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-10-10 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-09 Earnings, Exhibits
8-K 2018-06-20 Other Events, Exhibits
8-K 2018-06-11 Shareholder Vote
8-K 2018-05-14 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-10 Earnings, Exhibits
8-K 2018-03-09 Officers
8-K 2018-02-23 Earnings, Exhibits

New Senior Investment Group Financials

SNR Metrics, Comps, Filings

Annual | Quarterly

Business

We are a publicly traded REIT with a diversified portfolio of primarily private pay senior housing properties located across the United States. We are one of the largest owners of senior housing properties in the United States. As of December 31, 2018, our portfolio was comprised of 133 primarily private pay senior housing properties located across 37 states.

We were formed as a Delaware limited liability company and wholly owned subsidiary of Drive Shack Inc., formerly Newcastle Investment Corp. ("Drive Shack"), on May 17, 2012. On November 6, 2014, we were spun off from Drive Shack and listed on the NYSE under the symbol "SNR." We are headquartered in New York, New York.

Through December 31, 2018, we were externally managed and advised by an affiliate of Fortress Investment Group LLC (the "Manager"). On November 19, 2018, we entered into definitive agreements with the Manager to internalize our management, effective December 31, 2018 (the "Internalization"). In connection with the Internalization, we also entered into a Transition Services Agreement with the Manager to continue to provide certain services for a transition period. Following the effectiveness of the Internalization, our board of directors concluded its formal review of strategic alternatives, which the Company initially announced in February 2018. However, our board of directors, together with our management team, continues to focus on enhancing corporate strategy to maximize stockholder value.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Community Healthcare Trust (CHCT) 768 0% 29.8 1% 490 211 53 0 4 32 956
Investors Real Estate Trust (IRET) 754 0% 13.6 -0% 1,348 737 184 0 -2 105 1,426
Corepoint Lodging (CPLG) 705 0% 167.9 -10% 2,395 1,186 860 0 -245 10 1,679
Preferred Apartment Communities (APTS) 660 0% 10.1 1% 4,981 3,196 324 0 32 291 2,945
Ready Capital (RC) 656 4.2 2% 3,840 3,093 0 0 81 214 892
Hersha Hospitality Trust (HT) 650 0% 8.4 0% 2,156 1,242 524 0 3 156 1,301
Capstead Mortgage (CMO) 638 2.3 -0% 11,927 10,905 0 0 -54 200 459
New Senior Investment Group (SNR) 580 0% 36.8 -6% 2,215 1,941 470 0 -128 65 2,394
One Liberty Properties (OLP) 556 0% 8.6 2% 798 503 82 0 19 62 538
UMH Properties (UMH) 538 90% 17.5 -2% 915 385 139 126 -22 30 529
Western Asset Mortgage Capital (WMC) 538 1.9 1% 5,534 4,974 0 0 42 196 369
Whitestone REIT (WSR) 513 14% 15.7 2% 1,013 675 124 18 23 72 1,131
Corenergy Infrastructure Trust (CORR) 509 92% 7.1 7% 601 126 89 82 42 79 556
City Office REIT (CIO) 491 0% 14.8 -1% 1,150 773 146 0 -7 80 1,175
Pennsylvania REIT (PEI) 480 60% 10.6 -4% 2,375 1,912 351 211 -100 95 1,001
Jernigan Capital (JCAP) 476 0% 7.1 9% 703 116 39 0 65 71 506
Great Ajax (AJX) 425 3.6 2% 1,531 1,186 0 0 36 102 369
Ares Commercial Real Estate (ACRE) 424 0% 28.3 2% 1,671 1,246 50 0 38 42 1,202
Dynex Capital (DX) 406 -2.2 -4% 5,869 5,270 0 0 -224 -133 295
Global Medical REIT (GMRE) 393 0% 8.8 2% 751 389 60 0 16 49 426

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash226117582020
Accounts Receivable33333
Inventory
PP&E1,5822,6612,5542,2362,155
Assets2,0023,0172,8222,5082,286
Accounts Payable
Long-Term Debt1,2592,1872,1571,9251,906
Liabilities1,3542,2502,2432,0021,964
Stockholders' Equity649767579506282
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue255388472449444
Cost of Revenue
Gross Profit
R&D
SG&A15151513
Tax00046
Net Income-46-82-7212-159
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating709962121
Cash Investing-1,277-0327-19
Cash Financing1,098-158-309-167