Media headlines about Government Properties Income Trust (NYSE:GOV) have trended somewhat positive on Sunday, Alpha One Sentiment reports. The research group, a unit of Accern, identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Government Properties Income Trust earned a coverage optimism score of 0.12 on Alpha One’s scale. Alpha One also assigned media stories about the real estate investment trust an impact score of 46 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research analysts have weighed in on GOV shares. Morgan Stanley reaffirmed an “underweight” rating and set a $18.50 target price (up previously from $17.00) on shares of Government Properties Income Trust in a research note on Tuesday, June 13th. Zacks Investment Research raised shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, April 26th. Finally, FBR & Co reissued a “buy” rating and set a $25.00 price target on shares of Government Properties Income Trust in a research report on Wednesday, February 22nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $20.30.
Government Properties Income Trust (NYSE GOV) traded down 0.62% during trading on Friday, reaching $22.58. 890,253 shares of the company were exchanged. The stock has a market capitalization of $1.61 billion, a PE ratio of 33.60 and a beta of 1.04. The firm’s 50 day moving average is $21.82 and its 200 day moving average is $20.50. Government Properties Income Trust has a 52-week low of $17.66 and a 52-week high of $24.61.
Government Properties Income Trust (NYSE:GOV) last posted its earnings results on Thursday, April 27th. The real estate investment trust reported $0.56 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.02. The company had revenue of $69.30 million during the quarter, compared to analyst estimates of $67.44 million. Government Properties Income Trust’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.62 EPS. Analysts expect that Government Properties Income Trust will post $0.55 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 22nd. Shareholders of record on Friday, April 21st were given a $0.43 dividend. The ex-dividend date of this dividend was Wednesday, April 19th. This represents a $1.72 annualized dividend and a yield of 7.62%. Government Properties Income Trust’s payout ratio is -76.11%.
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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