Press coverage about Government Properties Income Trust (NYSE:GOV) has trended positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Government Properties Income Trust earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave news stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Government Properties Income Trust (NYSE:GOV) opened at 22.19 on Friday. Government Properties Income Trust has a 1-year low of $17.66 and a 1-year high of $24.61. The company has a 50 day moving average of $21.55 and a 200 day moving average of $19.98. The company has a market capitalization of $1.58 billion, a PE ratio of 33.02 and a beta of 1.04.
Government Properties Income Trust (NYSE:GOV) last issued its earnings results on Thursday, April 27th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $69.30 million during the quarter, compared to the consensus estimate of $67.44 million. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 earnings per share. On average, analysts predict that Government Properties Income Trust will post $0.65 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 22nd. Investors of record on Friday, April 21st will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date of this dividend is Wednesday, April 19th. Government Properties Income Trust’s payout ratio is currently -76.11%.
GOV has been the topic of a number of recent research reports. FBR & Co reiterated a “buy” rating and issued a $25.00 price objective on shares of Government Properties Income Trust in a report on Wednesday, February 22nd. Zacks Investment Research upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Wednesday, April 26th.
Government Properties Income Trust Company Profile
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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