SIR is a real estate investment trust, or REIT, which owns directly or indirectly through its subsidiaries, including its majority owned subsidiary, Industrial Logistics Properties Trust, or ILPT, properties that are primarily leased to single tenants. As of March 31, 2018, our consolidated portfolio included 366 buildings, leasable land parcels and easements with approximately 45.5 million rentable square feet located in 36 states. SIR owned 100 of these buildings and leasable land parcels with approximately 17.0 million rentable square feet, which are primarily office buildings, and ILPT owned 266 of these buildings, leasable land parcels and easements with approximately 28.5 million rentable square feet, including 226 buildings, leasable land parcels and easements with approximately 16.8 million rentable square feet which are primarily leasable industrial and commercial lands located in Hawaii. ILPT was our wholly owned subsidiary until January 17, 2018, when it completed an initial public offering, or the ILPT IPO, of its common shares and became a publicly traded REIT. We remain ILPT's largest shareholder and, as of the date hereof, we own 45.0 million, or approximately 69.2%, of ILPT's outstanding common shares. We have been investment grade rated since 2014, and we are included in the Russell 2000® Index and the MSCI US REIT Index.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNASDAQ:SIR
CUSIP81618T10
Phone617-796-8303
Debt
Debt-to-Equity Ratio0.87
Current Ratio1.62
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio7.51
Forward P/E Ratio8.42
P/E Growth3.03
Sales & Book Value
Annual Sales$468.10 million
Price / Sales3.99
Cash Flow$2.3766 per share
Price / Cash8.79
Book Value$22.26 per share
Price / Book0.94
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$66.90 million
Net Margins16.59%
Return on Equity3.55%
Return on Assets1.62%
Miscellaneous
EmployeesN/A
Outstanding Shares89,500,000
Market Cap$1.84 billion
Select Income REIT (NASDAQ:SIR) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, July 19th. Shareholders of record on Monday, July 30th will be paid a dividend of $0.51 per share on Thursday, August 16th. This represents a $2.04 annualized dividend and a dividend yield of 9.77%. The ex-dividend date of this dividend is Friday, July 27th. 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 results on Tuesday, July, 31st. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.49. The real estate investment trust earned $116 million during the quarter, compared to analyst estimates of $118.56 million. Select Income REIT had a return on equity of 3.55% and a net margin of 16.59%. The firm's quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 earnings per share. View Select Income REIT's Earnings History.
When is Select Income REIT's next earnings date?
What price target have analysts set for SIR?
5 brokers have issued 1-year price targets for Select Income REIT's stock. Their predictions range from $5.50 to $34.00. On average, they expect Select Income REIT's stock price to reach $22.30 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Select Income REIT.
What is the consensus analysts' recommendation for Select Income REIT?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Select Income REIT in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 VEREIT Inc/SH SH (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), National Retail Properties (NNN), WP Carey (WPC), Kimco Realty (KIM), Apartment Investment and Management (AIV), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Liberty Property Trust (LPT), CyrusOne (CONE), Omega Healthcare Investors (OHI), DCT Industrial Trust (DCT), New Residential Investment (NRZ) and RioCan Real Estate Investment Trust (RIOCF).
Who are Select Income REIT's key executives?
Select Income REIT's management team includes the folowing people:
- Mr. David M. Blackman, Pres, CEO, Managing Trustee & Director (Age 55)
- Mr. John Christopher Popeo CPA, CFO, Principal Accounting Officer & Treasurer (Age 58)
- Mr. Adam David Portnoy, Managing Trustee (Age 48)
- Mr. Barry Michael Portnoy, Managing Trustee (Age 73)
- Mr. Christopher Ranjitkar, Director of Investor Relations
Has Select Income REIT been receiving favorable news coverage?
News coverage about SIR stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Select Income REIT earned a media and rumor sentiment score of 0.12 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 46.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Select Income REIT.
Who are Select Income REIT's major shareholders?
Select Income REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.50%), LSV Asset Management (4.36%), J. L. Bainbridge & Co. Inc. (2.15%), Massachusetts Financial Services Co. MA (1.29%), Dimensional Fund Advisors LP (1.22%) and American Century Companies Inc. (1.05%). Company insiders that own Select Income REIT stock include Richard Collier Atkinson and Victor Lewis Lawrick. View Institutional Ownership Trends for Select Income REIT.
Which institutional investors are selling Select Income REIT stock?
SIR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, PVG Asset Management Corp, LSV Asset Management, Northern Capital Management LLC, State of New Jersey Common Pension Fund D, Rational Advisors LLC, Dupont Capital Management Corp and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Select Income REIT.
Which institutional investors are buying Select Income REIT stock?
SIR stock was bought by a variety of institutional investors in the last quarter, including J. L. Bainbridge & Co. Inc., American Century Companies Inc., BlackRock Inc., Massachusetts Financial Services Co. MA, Millennium Management LLC, Martingale Asset Management L P, JRM Investment Counsel LLC and Fuller & Thaler Asset Management Inc.. View Insider Buying and Selling for Select Income REIT.
How do I buy shares of Select Income REIT?
Shares of SIR 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 Select Income REIT's stock price today?
One share of SIR stock can currently be purchased for approximately $20.89.
How big of a company is Select Income REIT?
Select Income REIT has a market capitalization of $1.84 billion and generates $468.10 million in revenue each year. The real estate investment trust earns $66.90 million in net income (profit) each year or $2.78 on an earnings per share basis.
How can I contact Select Income REIT?
Select Income REIT's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The real estate investment trust can be reached via phone at 617-796-8303 or via email at [email protected]
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 SIR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SIR will underperform the S&P 500 over the long term. You may vote once every thirty days.
