Press coverage about Government Properties Income Trust (NYSE:GOV) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Government Properties Income Trust earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.9067471151798 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s scoring:
- Analysts See $0.59 EPS for Government Properties Income Trust (GOV) (lazertecnologia.com)
- Relative Strength Alert For Government Properties Income Trust (nasdaq.com)
- Revenue Approximations Analysis: Government Properties Income Trust (GOV), Gilead Sciences, Inc. (GILD) – ExpressNewsline (expressnewsline.com)
- Government Properties Income Trust Second Quarter 2017 Conference Call Scheduled for Tuesday, August 1st (finance.yahoo.com)
A number of equities analysts have recently issued reports on GOV shares. Morgan Stanley reissued an “underweight” rating and issued a $18.50 target price (up from $17.00) on shares of Government Properties Income Trust in a report on Tuesday, June 13th. Zacks Investment Research cut Government Properties Income Trust from a “buy” rating to a “hold” rating in a report on Monday, July 3rd. FBR & Co reissued an “outperform” rating and issued a $23.00 target price (down from $25.00) on shares of Government Properties Income Trust in a research note on Wednesday, July 5th. Finally, Jefferies Group LLC reissued a “sell” rating and issued a $15.00 target price on shares of Government Properties Income Trust in a research note on Tuesday, June 20th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Government Properties Income Trust has an average rating of “Hold” and an average target price of $18.90.
Government Properties Income Trust (GOV) traded down 2.13% during mid-day trading on Friday, hitting $17.47. The company had a trading volume of 1,548,379 shares. Government Properties Income Trust has a 12-month low of $17.41 and a 12-month high of $17.99. The firm has a market cap of $1.24 billion, a P/E ratio of 26.00 and a beta of 1.04.
Government Properties Income Trust (NYSE:GOV) last announced its quarterly earnings results on Thursday, April 27th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.02. Government Properties Income Trust had a net margin of 6.96% and a return on equity of 3.25%. The business had revenue of $69.30 million during the quarter, compared to the consensus estimate of $67.44 million. During the same period in the previous year, the business posted $0.62 EPS. Government Properties Income Trust’s revenue was up 8.9% compared to the same quarter last year. On average, analysts expect that Government Properties Income Trust will post $0.27 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, July 24th will be paid a dividend of $0.43 per share. The ex-dividend date is Thursday, July 20th. This represents a $1.72 annualized dividend and a dividend yield of 9.85%. Government Properties Income Trust’s payout ratio is currently -76.11%.
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About Government Properties Income Trust
Government Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico.
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