Government Properties Income Trust Stock Price, News & Analysis (NASDAQ:GOV)

$18.85 0.01 (0.05 %)
(As of 11/18/2017 01:54 AM ET)
Previous Close$18.85
Today's Range$18.89 - $18.68
52-Week Range$17.36 - $22.99
Volume472,829 shs
Average Volume815,665 shs
Market Capitalization$1.81 billion
P/E Ratio8.68
Dividend Yield9.20%
Beta1.04

About Government Properties Income Trust (NASDAQ:GOV)

Government Properties Income Trust logoGovernment 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. As of December 31, 2016, the Company owned 73 properties (95 buildings). As of December 31, 2016, the Company's properties were located in 31 states and the District of Columbia, and contained approximately 11.4 million rentable square feet.


Industry, Sector and Symbol:
  • Industry: Commercial REITs
  • Sub-Industry: Office REITs
  • Sector: Commercial REITs - NEC
  • Symbol: NASDAQ:GOV
  • Previous Symbol: NYSE:GOV
  • CUSIP: 38376A10
  • Web: www.govreit.com
Debt:
  • Debt-to-Equity Ratio: 1.52%
  • Current Ratio: 9.44%
  • Quick Ratio: 9.44%
Price-To-Earnings:
  • Trailing P/E Ratio: 8.68
  • Forward P/E Ratio: 8.93
  • P/E Growth: 1.78
Sales & Book Value:
  • Annual Sales: $258.18 million
  • Price / Sales: 7.24
  • Cash Flow: $1.92 per share
  • Price / Cash: 9.81
  • Book Value: $13.89 per share
  • Price / Book: 1.36
Dividend:
  • Annual Dividend: $1.72
  • Dividend Yield: 9.2%
Profitability:
  • Trailing EPS: $0.55
  • Net Income: $57.84 million
  • Net Margins: 1.49%
  • Return on Equity: 3.69%
  • Return on Assets: 0.14%
Misc:
  • Employees: 450
  • Outstanding Shares: 99,150,000
 

Frequently Asked Questions for Government Properties Income Trust (NASDAQ:GOV)

What is Government Properties Income Trust's stock symbol?

Government Properties Income Trust trades on the NASDAQ under the ticker symbol "GOV."

How often does Government Properties Income Trust pay dividends? What is the dividend yield for Government Properties Income Trust?

Government Properties Income Trust announced a quarterly dividend on Friday, October 13th. Investors of record on Monday, October 23rd will be paid a dividend of $0.43 per share on Monday, November 20th. This represents a $1.72 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date of this dividend is Friday, October 20th. View Government Properties Income Trust's Dividend History.

How were Government Properties Income Trust's earnings last quarter?

Government Properties Income Trust (NASDAQ:GOV) issued its quarterly earnings data on Tuesday, October, 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.01. The real estate investment trust had revenue of $70.18 million for the quarter, compared to the consensus estimate of $69.80 million. Government Properties Income Trust had a net margin of 1.49% and a return on equity of 3.69%. The firm's revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 EPS. View Government Properties Income Trust's Earnings History.

When will Government Properties Income Trust make its next earnings announcement?

Government Properties Income Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February, 28th 2018. View Earnings Estimates for Government Properties Income Trust.

Where is Government Properties Income Trust's stock going? Where will Government Properties Income Trust's stock price be in 2017?

5 analysts have issued 1-year price targets for Government Properties Income Trust's shares. Their predictions range from $14.00 to $23.00. On average, they anticipate Government Properties Income Trust's stock price to reach $18.75 in the next year. View Analyst Ratings for Government Properties Income Trust.

What are Wall Street analysts saying about Government Properties Income Trust stock?

Here are some recent quotes from research analysts about Government Properties Income Trust stock:

  • 1. According to Zacks Investment Research, "Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT). " (10/9/2017)
  • 2. FBR & Co analysts commented, "Last week, GOV announced it would acquire First Potomac Realty Trust for approximately $1.4B, including $11.15 per FPO share and the repayment and/or assumption of FPO debt. To finance the deal, GOV also announced a 25M share equity offering. The FPO deal is expected to close by YE17 and be leverage neutral after accounting for the equity offering and the assumption/pay down of FPO debt. GOV expects the deal to be accretive post-2018. The transaction is estimated to be completed at a 7.0% cap rate, and GOV expects no impact on its current shareholder distributions (dividends), which are currently $0.43/quarter ($1.72 annualized), a 9.3% yield on Monday’s close ($18.46). In our view, the acquisition of FPO, with its Washington, D.C.-focused portfolio, is a good fit for GOV as many of the properties are leased to government agencies and/or contractors. However, the market punished GOV shares, which had traded as high as $22.89 on June 20, to a closing low of $18.31 on June 30." (7/5/2017)

Who are some of Government Properties Income Trust's key competitors?

Who are Government Properties Income Trust's key executives?

Government Properties Income Trust's management team includes the folowing people:

  • David M. Blackman, President, Chief Operating Officer (Age 54)
  • Mark L. Kleifges, Chief Financial Officer, Treasurer (Age 56)
  • Barbara D. Gilmore, Independent Trustee (Age 66)
  • John L. Harrington, Independent Trustee (Age 80)
  • Elena Poptodorova, Independent Trustee (Age 65)
  • Adam D. Portnoy, Managing Trustee (Age 46)
  • Barry M. Portnoy, Managing Trustee (Age 71)

Who owns Government Properties Income Trust stock?

Government Properties Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.53%), Huber Capital Management LLC (1.27%), Forward Management LLC (1.24%), Dimensional Fund Advisors LP (1.19%), JPMorgan Chase & Co. (1.16%) and Principal Financial Group Inc. (0.75%). View Institutional Ownership Trends for Government Properties Income Trust.

Who sold Government Properties Income Trust stock? Who is selling Government Properties Income Trust stock?

Government Properties Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, Robeco Institutional Asset Management B.V., Dupont Capital Management Corp, Huber Capital Management LLC, Great West Life Assurance Co. Can, Macquarie Group Ltd. and Principal Financial Group Inc.. View Insider Buying and Selling for Government Properties Income Trust.

Who bought Government Properties Income Trust stock? Who is buying Government Properties Income Trust stock?

Government Properties Income Trust's stock was purchased by a variety of institutional investors in the last quarter, including Forward Management LLC, Citadel Advisors LLC, Schwab Charles Investment Management Inc., Dimensional Fund Advisors LP, Wells Fargo & Company MN, Legal & General Group Plc, Diligent Investors LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Government Properties Income Trust.

How do I buy Government Properties Income Trust stock?

Shares of Government Properties Income Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Government Properties Income Trust's stock price today?

One share of Government Properties Income Trust stock can currently be purchased for approximately $18.85.

How big of a company is Government Properties Income Trust?

Government Properties Income Trust has a market capitalization of $1.81 billion and generates $258.18 million in revenue each year. The real estate investment trust earns $57.84 million in net income (profit) each year or $0.55 on an earnings per share basis. Government Properties Income Trust employs 450 workers across the globe.

How can I contact Government Properties Income Trust?

Government Properties Income Trust's mailing address is 255 Washington St Ste 300, NEWTON, MA 02458-1634, United States. The real estate investment trust can be reached via phone at +1-617-2191440 or via email at [email protected]


MarketBeat Community Rating for Government Properties Income Trust (NASDAQ GOV)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  303
MarketBeat's community ratings are surveys of what our community members think about Government Properties Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Government Properties Income Trust (NASDAQ:GOV)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.75 (0.53% downside)

Consensus Price Target History for Government Properties Income Trust (NASDAQ:GOV)

Price Target History for Government Properties Income Trust (NASDAQ:GOV)

Analysts' Ratings History for Government Properties Income Trust (NASDAQ:GOV)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/1/2017B. RileyReiterated RatingBuyN/AView Rating Details
10/31/2017FBR & CoReiterated RatingBuyN/AView Rating Details
10/24/2017Jefferies Group LLCReiterated RatingSell$14.00N/AView Rating Details
9/29/2017DA DavidsonInitiated CoverageNeutral$20.00MediumView Rating Details
9/1/2017Morgan StanleyReiterated RatingUnderweight$18.50 -> $18.00LowView Rating Details
10/31/2016Royal Bank Of CanadaReiterated RatingUnderperform$19.00 -> $17.00N/AView Rating Details
(Data available from 11/19/2015 forward)

Earnings

Earnings History and Estimates Chart for Government Properties Income Trust (NASDAQ:GOV)

Earnings by Quarter for Government Properties Income Trust (NASDAQ:GOV)

Earnings History by Quarter for Government Properties Income Trust (NASDAQ GOV)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2018        
10/31/2017Q3 2017$0.42$0.41$69.80 million$70.18 millionViewN/AView Earnings Details
8/1/2017Q2 2017$0.59$0.60$69.08 million$69.89 millionViewListenView Earnings Details
4/27/2017Q1 2017$0.58$0.56$67.44 million$69.30 millionViewN/AView Earnings Details
2/22/2017Q416$0.56$0.17$64.54 million$66.03 millionViewListenView Earnings Details
10/27/2016Q316$0.57$0.54$64.09 million$64.50 millionViewListenView Earnings Details
7/28/2016Q216$0.62$0.61$63.74 million$64.06 millionViewListenView Earnings Details
4/28/2016Q116$0.60$0.62$62.64 million$63.61 millionViewListenView Earnings Details
2/18/2016Q415$0.60$0.61$62.21 million$61.68 millionViewListenView Earnings Details
10/29/2015Q315$0.59$0.59$61.99 million$62.09 millionViewListenView Earnings Details
7/30/2015Q215$0.60$0.60$63.24 million$62.10 millionViewListenView Earnings Details
4/30/2015Q115$0.58$0.58$64.27 million$62.70 millionViewN/AView Earnings Details
2/20/2015Q414$0.58$0.58$63.45 million$64.60 millionViewN/AView Earnings Details
10/30/2014Q314$0.62$0.61$69.11 million$64.20 millionViewListenView Earnings Details
8/6/2014Q214$0.55$0.57$60.87 million$62.43 millionViewListenView Earnings Details
4/30/2014Q114$0.54$0.53$59.95 million$59.82 millionViewListenView Earnings Details
2/18/2014Q413$0.52$0.52$57.19 million$58.27 millionViewListenView Earnings Details
10/29/2013Q313$0.53$0.51$57.12 million$56.40 millionViewListenView Earnings Details
7/31/2013Q213$0.53$0.54$58.07 million$57.30 millionViewListenView Earnings Details
4/30/2013Q113$0.52$0.56$57.61 million$57.70 millionViewN/AView Earnings Details
2/20/2013Q412$0.53$0.53$56.34 million$56.30 millionViewListenView Earnings Details
10/30/2012Q312$0.55$0.54$52.10 million$54.08 millionViewN/AView Earnings Details
8/2/2012$0.53$0.52ViewN/AView Earnings Details
5/1/2012$0.53$0.54ViewN/AView Earnings Details
2/22/2012$0.52$0.56ViewN/AView Earnings Details
11/1/2011$0.50$0.51ViewN/AView Earnings Details
8/2/2011$0.50$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Government Properties Income Trust (NASDAQ:GOV)
Current Year EPS Consensus Estimate: $2.11 EPS
Next Year EPS Consensus Estimate: $2.19 EPS

Dividends

Current Dividend Information for Government Properties Income Trust (NASDAQ:GOV)

Next Dividend:11/20/2017
Annual Dividend:$1.72
Dividend Yield:9.12%
Payout Ratio:312.73% (Trailing 12 Months of Earnings)
81.52% (Based on This Year's Estimates)
78.54% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Government Properties Income Trust (NASDAQ:GOV)

Dividend History by Quarter for Government Properties Income Trust (NASDAQ GOV)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/13/2017quarterly$0.438.83%10/20/201710/23/201711/20/2017
7/12/2017quarterly$0.439.61%7/20/20177/24/20178/21/2017
4/12/2017quarterly$0.437.75%4/19/20174/21/20175/22/2017
1/13/2017quarterly$0.438.51%1/19/20171/23/20172/23/2017
10/11/2016Quarterly$0.4310/19/201610/21/201611/21/2016
7/12/2016Quarterly$0.437/20/20167/22/20168/22/2016
4/13/2016Quarterly$0.434/21/20164/25/20165/23/2016
1/11/2016Quarterly$0.431/20/20161/22/20162/25/2016
10/13/2015Quarterly$0.4310/21/201510/23/201511/23/2015
7/14/2015quarterly$0.439.08%7/22/20157/24/20158/24/2015
4/13/2015quarterly$0.437.64%4/22/20154/24/20155/25/2015
1/12/2015quarterly$0.437.41%1/21/20151/23/20152/26/2015
10/13/2014quarterly$0.437.54%10/22/201410/24/201411/20/2014
7/14/2014quarterly$0.436.89%7/23/20147/25/20148/22/2014
4/8/2014quarterly$0.436.84%4/23/20144/25/20145/21/2014
1/3/2014quarterly$0.436.87%1/9/20141/13/20142/21/2014
10/9/2013quarterly$0.437.04%10/23/201310/25/201311/22/2013
7/10/2013quarterly$0.436.66%7/24/20137/26/20138/23/2013
4/10/2013quarterly$0.436.53%4/24/20134/26/20135/24/2013
1/10/2013quarterly$0.436.97%1/23/20131/25/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Government Properties Income Trust (NASDAQ GOV)

Insider Ownership Percentage: 2.67%
Institutional Ownership Percentage: 59.79%
Insider Trades by Quarter for Government Properties Income Trust (NASDAQ:GOV)
Institutional Ownership by Quarter for Government Properties Income Trust (NASDAQ:GOV)

Insider Trades by Quarter for Government Properties Income Trust (NASDAQ GOV)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/29/2014Adam PortnoyDirectorBuy360,000$23.50$8,460,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Government Properties Income Trust (NASDAQ GOV)

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Financials

Chart

Government Properties Income Trust (NASDAQ GOV) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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