Media coverage about TIER REIT (NYSE:TIER) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TIER REIT earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.2508637983325 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of TIER REIT stock opened at $18.85 on Thursday. TIER REIT has a 1 year low of $15.96 and a 1 year high of $20.72. The firm has a market capitalization of $909.51, a price-to-earnings ratio of 10.83 and a beta of 0.78.
TIER REIT (NYSE:TIER) last announced its quarterly earnings results on Monday, February 12th. The real estate investment trust reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.62). TIER REIT had a net margin of 38.94% and a return on equity of 12.09%. The company had revenue of $54.63 million during the quarter, compared to the consensus estimate of $56.06 million. equities analysts expect that TIER REIT will post 1.37 EPS for the current fiscal year.
A number of research analysts recently commented on TIER shares. Cantor Fitzgerald set a $22.00 target price on TIER REIT and gave the company a “buy” rating in a research note on Friday, January 19th. Zacks Investment Research upgraded TIER REIT from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, BMO Capital Markets set a $21.00 price target on TIER REIT and gave the company a “buy” rating in a research report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $21.33.
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TIER REIT Company Profile
TIER REIT, Inc is a real estate investment trust. The Company’s business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The Company’s business is conducted through Tier Operating Partnership LP (Tier OP). As of December 31, 2016, the Company owned interests in 29 operating office properties, one non-operating property and one development property located in 13 markets throughout the United States.
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