Select Income REIT is a real estate investment trust. The Company is engaged in the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. As of December 31, 2016, the Company owned 121 properties (362 buildings, leasable land parcels and easements) with approximately 44.8 million rentable square feet. As of December 31, 2016, the Company's properties consisted of 110 office and industrial properties (133 buildings) with approximately 27.0 million square feet located in 34 states throughout the mainland United States (Mainland Properties), and 11 properties (229 buildings, leasable land parcels and easements) located on the island of Oahu, Hawaii, with approximately 17.8 million rentable square feet that are primarily leased to industrial and commercial tenants (Hawaii Properties). As of December 31, 2016, the Company's properties were leased to 312 different tenants.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial REITs
- Sub-Industry: Diversified REITs
- Symbol: NASDAQ:SIR
- CUSIP: 81618T10
- Web: www.sirreit.com
Capitalization:- Market Cap: $2.07328 billion
- Outstanding Shares: 89,442,000
Average Prices:- 50 Day Moving Avg: $23.12
- 200 Day Moving Avg: $24.32
- 52 Week Range: $22.51 - $27.87
P/E:- Trailing P/E Ratio: 24.15
- Foreward P/E Ratio: 8.24
- P/E Growth: 3.60
Sales & Book Value:- Annual Revenue: $462.04 million
- Price / Sales: 4.50
- Book Value: $22.71 per share
- Price / Book: 1.02
Dividend:- Annual Dividend: $2.04
- Dividend Yield: 8.8%
Profitability:- EBIDTA: $323.87 million
- Net Margins: 18.65%
- Return on Equity: 4.18%
- Return on Assets: 1.85%
Debt:- Debt-to-Equity Ratio: 1.20%
- Current Ratio: 1.43%
- Quick Ratio: 1.43%
Misc:- Average Volume: 250,030 shs.
- Beta: 0.73
- Short Ratio: 3.9
Frequently Asked Questions for Select Income REIT (NASDAQ:SIR)
What is Select Income REIT's stock symbol?
Select Income REIT trades on the NASDAQ under the ticker symbol "SIR."
How often does Select Income REIT pay dividends? What is the dividend yield for Select Income REIT?
Select Income REIT declared a quarterly dividend on Wednesday, July 12th. Stockholders of record on Monday, July 24th will be paid a dividend of $0.51 per share on Thursday, August 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date is Thursday, July 20th. View Select Income REIT's Dividend History.
How were Select Income REIT's earnings last quarter?
Select Income REIT (NASDAQ:SIR) issued its quarterly earnings data on Tuesday, July, 25th. The company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by $0.04. The business had revenue of $115.87 million for the quarter, compared to analyst estimates of $117.21 million. Select Income REIT had a return on equity of 4.18% and a net margin of 18.65%. During the same quarter in the prior year, the company posted $0.72 earnings per share. View Select Income REIT's Earnings History.
When will Select Income REIT make its next earnings announcement?
Where is Select Income REIT's stock going? Where will Select Income REIT's stock price be in 2017?
1 equities research analysts have issued twelve-month price objectives for Select Income REIT's stock. Their predictions range from $34.00 to $34.00. On average, they anticipate Select Income REIT's share price to reach $34.00 in the next twelve months. View Analyst Ratings for Select Income REIT.
Who are some of Select Income REIT's key competitors?
Some companies that are related to Select Income REIT include Cousins Properties Incorporated (CUZ), PS Business Parks (PSB), Empire State Realty Trust (ESRT), Intu Properties PLC (INTU), Derwent London Plc (DLN), Shaftesbury plc (SHB), Columbia Property Trust (CXP), Washington Real Estate Investment Trust (WRE), Lexington Realty Trust (LXP), Great Portland Estates Plc (GPOR), Government Properties Income Trust (GOV), Seritage Growth Properties (SRG), Global Net Lease (GNL), Workspace Group plc (WKP), CBL & Associates Properties (CBL), New York REIT (NYRT), Hannon Armstrong Sustainable Infrastructure Capital (HASI) and Monmouth Real Estate Investment Corporation (MNR).
Who are Select Income REIT's key executives?
Select Income REIT's management team includes the folowing people:
- David M. Blackman, President, Chief Operating Officer
- John C. Popeo, Chief Financial Officer, Treasurer
- Jennifer B. Clark, Secretary
- Donna D. Fraiche, Independent Trustee
- William A. Lamkin, Independent Trustee
- Adam D. Portnoy, Managing Trustee
- Barry M. Portnoy, Managing Trustee
- Jeffrey P. Somers, Independent Trustee
Who owns Select Income REIT stock?
Select Income REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.99%), BlackRock Inc. (6.02%), LSV Asset Management (4.73%), Northern Trust Corp (1.89%), State Street Corp (0.00%) and Dimensional Fund Advisors LP (1.12%). Company insiders that own Select Income REIT stock include Richard Collier Atkinson and Sheri Rempel. View Institutional Ownership Trends for Select Income REIT.
Who sold Select Income REIT stock? Who is selling Select Income REIT stock?
Select Income REIT's stock was sold by a variety of institutional investors in the last quarter, including Numeric Investors LLC, First Trust Advisors LP, Goldman Sachs Group Inc., American Century Companies Inc., Arrowstreet Capital Limited Partnership, LSV Asset Management, Russell Investments Group Ltd. and Public Employees Retirement System of Ohio. View Insider Buying and Selling for Select Income REIT.
Who bought Select Income REIT stock? Who is buying Select Income REIT stock?
Select Income REIT's stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, TIAA FSB, Citadel Advisors LLC, Northern Trust Corp, Martingale Asset Management L P, Garner Asset Management Corp, Prudential Financial Inc. and State Street Corp. View Insider Buying and Selling for Select Income REIT.
How do I buy Select Income REIT stock?
Shares of Select Income REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Select Income REIT's stock price today?
One share of Select Income REIT stock can currently be purchased for approximately $23.24.
MarketBeat Community Rating for Select Income REIT (NASDAQ SIR)MarketBeat's community ratings are surveys of what our community members think about Select Income REIT 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.
Consensus Ratings for Select Income REIT (NASDAQ:SIR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $34.00 (46.30% upside) |
Analysts' Ratings History for Select Income REIT (NASDAQ:SIR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/28/2016 | FBR & Co | Reiterated Rating | Outperform | $35.00 -> $34.00 | N/A |  |
| 8/22/2016 | JMP Securities | Upgrade | Market Perform -> Outperform | | N/A | |
| 10/29/2015 | Royal Bank Of Canada | Boost Price Target | Outperform | $31.00 -> $32.00 | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for Select Income REIT (NASDAQ:SIR)Earnings History by Quarter for Select Income REIT (NASDAQ SIR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/23/2017 | | $0.34 | | | | | N/A | |
| 7/25/2017 | Q2 2017 | $0.34 | $0.30 | $117.21 million | $115.87 million | View | N/A | |
| 4/25/2017 | Q1 2017 | $0.73 | $0.59 | $116.50 million | $116.29 million | View | N/A | |
| 2/16/2017 | Q416 | $0.71 | $0.71 | $116.49 million | $114.80 million | View | N/A | |
| 10/25/2016 | Q316 | $0.34 | $0.69 | $115.13 million | $115.00 million | View | Listen | |
| 7/26/2016 | Q216 | $0.36 | $0.72 | $114.80 million | $114.90 million | View | Listen | |
| 4/26/2016 | Q116 | $0.36 | $0.74 | $114.00 million | $117.23 million | View | Listen | |
| 2/16/2016 | Q415 | $0.34 | $0.76 | $112.65 million | $114.74 million | View | Listen | |
| 10/27/2015 | Q315 | $0.70 | $0.72 | $107.70 million | $111.94 million | View | Listen | |
| 7/28/2015 | Q215 | $0.70 | $0.70 | $108.60 million | $107.20 million | View | Listen | |
| 4/28/2015 | Q115 | $0.67 | $0.70 | $88.60 million | $94.40 million | View | N/A | |
| 2/18/2015 | Q414 | $0.49 | $0.65 | $57.00 million | $56.40 million | View | N/A | |
| 10/27/2014 | Q314 | $0.49 | $0.57 | $58.50 million | $56.70 million | View | Listen | |
| 7/28/2014 | Q214 | $0.46 | $0.72 | $57.85 million | $56.60 million | View | N/A | |
| 4/25/2014 | Q114 | $0.51 | $0.73 | $53.10 million | $53.00 million | View | Listen | |
| 2/20/2014 | Q313 | $0.49 | $0.48 | $50.20 million | $49.93 million | View | Listen | |
| 10/31/2013 | | $0.68 | $0.66 | $50.75 million | $48.60 million | View | N/A | |
| 8/1/2013 | Q213 | $0.56 | $0.58 | $43.78 million | $45.95 million | View | Listen | |
| 5/2/2013 | Q113 | $0.70 | $0.76 | $40.60 million | $43.90 million | View | N/A | |
| 2/22/2013 | | $0.71 | $0.71 | $35.70 million | $36.41 million | View | N/A | |
| 11/1/2012 | Q312 | $0.49 | $0.65 | $29.02 million | $30.88 million | View | N/A | |
| 8/6/2012 | | $0.62 | $0.61 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Select Income REIT (NASDAQ:SIR)Current Year EPS Consensus Estimate: $2.7 EPS
Next Year EPS Consensus Estimate: $2.82 EPS
Current Dividend Information for Select Income REIT (NASDAQ:SIR)| Most Recent Dividend: | 8/17/2017 |
| Annual Dividend: | $2.04 |
| Dividend Yield: | 8.78% |
| Payout Ratio: | 210.31% (Trailing 12 Months of Earnings)
75.56% (Based on This Year's Estimates)
72.34% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Select Income REIT (NASDAQ SIR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/12/2017 | quarterly | $0.51 | 8.56% | 7/20/2017 | 7/24/2017 | 8/17/2017 |
| 4/12/2017 | quarterly | $0.51 | 7.78% | 4/19/2017 | 4/21/2017 | 5/18/2017 |
| 1/13/2017 | quarterly | $0.51 | 7.77% | 1/19/2017 | 1/23/2017 | 2/21/2017 |
| 10/12/2016 | quarterly | $0.51 | 7.97% | 10/19/2016 | 10/21/2016 | 11/17/2016 |
| 7/13/2016 | quarterly | $0.51 | 7.49% | 7/20/2016 | 7/22/2016 | 8/18/2016 |
| 4/13/2016 | quarterly | $0.50 | 8.52% | 4/21/2016 | 4/25/2016 | 5/19/2016 |
| 1/12/2016 | quarterly | $0.50 | 10.52% | 1/20/2016 | 1/22/2016 | 2/23/2016 |
| 10/13/2015 | quarterly | $0.50 | 10.02% | 10/21/2015 | 10/23/2015 | 11/19/2015 |
| 7/14/2015 | quarterly | $0.50 | 9.12% | 7/22/2015 | 7/24/2015 | 8/20/2015 |
| 4/14/2015 | special | $0.34 | 2.45% | 4/22/2015 | 4/24/2015 | 5/21/2015 |
| 1/12/2015 | quarterly | $0.48 | 7.41% | 1/21/2015 | 1/23/2015 | 2/24/2015 |
| 10/7/2014 | quarterly | $0.48 | 8.1% | 10/22/2014 | 10/24/2014 | 11/20/2014 |
| 7/14/2014 | quarterly | $0.48 | 6.54% | 7/23/2014 | 7/25/2014 | 8/21/2014 |
| 4/3/2014 | quarterly | $0.48 | 6.23% | 4/10/2014 | 4/14/2014 | 5/20/2014 |
| 1/3/2014 | quarterly | $0.46 | 6.84% | 1/9/2014 | 1/13/2014 | 2/19/2014 |
| 10/9/2013 | quarterly | $0.46 | 7.12% | 10/22/2013 | 10/24/2013 | 11/20/2013 |
| 7/9/2013 | quarterly | $0.44 | 6.44% | 7/22/2013 | 7/24/2013 | 8/20/2013 |
| 4/8/2013 | quarterly | $0.44 | 6.34% | 4/19/2013 | 4/23/2013 | 5/20/2013 |
| 1/11/2013 | quarterly | $0.42 | 6.77% | 1/17/2013 | 1/22/2013 | 2/19/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Select Income REIT (NASDAQ:SIR)Insider Ownership Percentage: 2.02%
Institutional Ownership Percentage: 48.23%
Insider Trades by Quarter for Select Income REIT (NASDAQ:SIR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/6/2016 | Richard Collier Atkinson | Insider | Buy | 169,000 | $0.08 | $13,520.00 | |
| 3/10/2016 | Sheri Rempel | Insider | Sell | 10,000 | $0.07 | $700.00 | |
| 3/9/2016 | Sheri Rempel | Insider | Sell | 3,000 | $0.07 | $210.00 | |
| 7/17/2015 | David W Moore | Director | Buy | 100,000 | $0.04 | $3,500.00 | |
| 7/9/2014 | Barry M Portnoy | Director | Buy | 275,000 | $31.51 | $8,665,250.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Select Income REIT (NASDAQ:SIR)
Latest Headlines for Select Income REIT (NASDAQ:SIR)
| Source: |
|
| Date | Headline |
|---|
 | Select Income REIT breached its 50 day moving average in a Bullish Manner : SIR-US : September 18, 2017
finance.yahoo.com - September 19 at 7:40 AM |
 | Comparing Select Income REIT (SIR) and its Rivals
www.americanbankingnews.com - September 12 at 2:32 PM |
| Zacks Investment Research Upgrades Select Income REIT (SIR) to "Hold"
www.americanbankingnews.com - September 5 at 6:34 AM |
| Select Income REIT : SIR-US: Dividend Analysis : July 24th, 2017 (record date) : By the numbers : August 25, 2017
finance.yahoo.com - August 25 at 4:09 PM |
| Select Income REIT (SIR) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 25 at 6:12 AM |
 | SIR Breaks Above 9% Yield Territory
www.nasdaq.com - August 12 at 7:48 AM |
| Select Income Reit
finance.yahoo.com - August 12 at 7:48 AM |
| IHS Markit Score upgrades Select Income Reit to 85 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 12 at 7:48 AM |
| Select Income REIT (SIR) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 31 at 12:20 AM |
| Zacks: Select Income REIT (NASDAQ:SIR) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 30 at 10:04 PM |
 | Top 10 Challenger Dividend Dogs Seek Robust Net Gains To July 2018 - Seeking Alpha
seekingalpha.com - July 27 at 7:26 AM |
| Edited Transcript of SIR earnings conference call or presentation 25-Jul-17 2:00pm GMT
finance.yahoo.com - July 27 at 7:26 AM |
| Select Income's (SIR) Management on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 26 at 7:46 AM |
| Investor Network: Select Income REIT to Host Earnings Call
finance.yahoo.com - July 26 at 7:46 AM |
| Select Income REIT Announces Second Quarter 2017 Results
finance.yahoo.com - July 26 at 7:45 AM |
| Select Income reports 2Q results
finance.yahoo.com - July 26 at 7:45 AM |
| Select Income REIT (NASDAQ:SIR) Posts Quarterly Earnings Results, Beats Expectations By $0.36 EPS
www.americanbankingnews.com - July 25 at 10:40 AM |
| Select Income REIT misses by $0.01, beats on revenue
seekingalpha.com - July 25 at 7:10 AM |
| Zacks: Select Income REIT (SIR) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 12:29 AM |
| Select Income REIT breached its 50 day moving average in a Bullish Manner : SIR-US : July 20, 2017
finance.yahoo.com - July 21 at 7:05 AM |
| Select Income REIT (SIR) Ex-Dividend Date Scheduled for July 20, 2017 - Nasdaq
www.nasdaq.com - July 20 at 7:45 AM |
| Ex-Dividend Reminder: Select Income REIT, Hospitality Properties Trust and Government Properties Income Trust - Nasdaq
www.nasdaq.com - July 18 at 3:33 PM |
| Reviewing Resource Capital Corp. (RSO) & Select Income REIT (NASDAQ:SIR)
www.americanbankingnews.com - July 18 at 12:06 PM |
| Select Income REIT (NASDAQ:SIR) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - July 18 at 9:21 AM |
 | Select Income REIT (SIR) Declares $0.51 Quarterly Dividend; 8.7% Yield
www.streetinsider.com - July 13 at 9:34 AM |
| Select Income REIT (SIR) Declares $0.51 Quarterly Dividend
www.americanbankingnews.com - July 12 at 4:54 PM |
| Select Income REIT Second Quarter 2017 Conference Call Scheduled for Tuesday, July 25th
finance.yahoo.com - July 12 at 7:56 AM |
| Select Income REIT (NASDAQ:SIR) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - July 7 at 7:24 AM |
| Select Income REIT (NASDAQ:SIR) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - July 1 at 7:28 AM |
| First Potomac Found Its Patsy - Seeking Alpha
seekingalpha.com - June 28 at 3:29 PM |
| Select Income REIT breached its 50 day moving average in a Bullish Manner : SIR-US : June 26, 2017
finance.yahoo.com - June 27 at 8:20 AM |
| Select Income REIT (SIR) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - June 24 at 4:26 PM |
| Select Income REIT (SIR) Given $27.25 Average Target Price by Analysts
www.americanbankingnews.com - June 22 at 7:48 AM |
| Government Properties Income Trust: As Sustainable As It Gets - Seeking Alpha
seekingalpha.com - June 15 at 4:48 PM |
| ETFs with exposure to Select Income REIT : June 15, 2017
finance.yahoo.com - June 15 at 4:48 PM |
| Select Income REIT (SIR) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - June 15 at 3:48 PM |
| Select Income REIT (SIR) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - June 14 at 9:13 AM |
| Select Income REIT breached its 50 day moving average in a Bullish Manner : SIR-US : June 13, 2017
finance.yahoo.com - June 13 at 9:55 AM |
| Select Income REIT (SIR) versus Digital Realty Trust (DLR) Head-To-Head Comparison
www.americanbankingnews.com - June 11 at 7:53 AM |
| Head-To-Head Review: Global Net Lease (GNL) versus Select Income REIT (SIR)
www.americanbankingnews.com - June 9 at 10:32 PM |
| Select Income REIT (SIR) Presents At NAREIT's REITWeek Investor Forum - Slideshow
seekingalpha.com - June 8 at 10:17 PM |
| Select Income REIT (SIR) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 2 at 12:46 AM |
 | Select Income REIT to Present at REITWeek 2017: NAREIT's Investor Forum® on Wednesday, June 7 th
www.businesswire.com - June 1 at 11:22 PM |
| Select Income REIT to Present at REITWeek 2017: NAREIT's Investor Forum® on Wednesday, June 7th
finance.yahoo.com - June 1 at 11:22 PM |
 | BRIEF-Select Income REIT prices $350 mln of 4.250 pct senior notes due 2024
www.reuters.com - May 11 at 1:08 AM |
| Select Income REIT Prices $350 Million of 4.250% Senior Notes Due 2024
finance.yahoo.com - May 10 at 8:05 PM |
| Form 424B5 SELECT INCOME REIT
www.streetinsider.com - May 10 at 10:52 AM |
| Brokerages Expect Select Income REIT (SIR) to Announce $0.72 EPS
www.americanbankingnews.com - May 9 at 8:44 AM |
| Select Income REIT (SIR) Receiving Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 11:36 PM |
| Select Income REIT (SIR) Given Coverage Optimism Score of -0.20
www.americanbankingnews.com - April 28 at 11:31 AM |
Select Income REIT (SIR) Chart for Friday, September, 22, 2017
