SIR is a real estate investment trust, or REIT, that owns directly or indirectly through its subsidiaries, including its majority owned subsidiary, Industrial Logistics Properties Trust, or ILPT, properties that are primarily net leased to single tenants. As of June 30, 2018, our consolidated portfolio included 367 buildings, leasable land parcels and easements with approximately 45.7 million rentable square feet located in 36 states. SIR owned 100 of these buildings and leasable land parcels with approximately 16.9 million rentable square feet, which are primarily office buildings, and ILPT owned 267 of these buildings, leasable land parcels and easements with approximately 28.8 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 Ratio7.16
Forward P/E Ratio9.86
P/E Growth3.61
Sales & Book Value
Annual Sales$468.10 million
Price / Sales3.81
Cash Flow$2.3341 per share
Price / Cash8.53
Book Value$22.26 per share
Price / Book0.89
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 Shares89,550,000
Market Cap$1.78 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, October 18th. Investors of record on Monday, October 29th will be given a dividend of $0.51 per share on Thursday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 10.25%. The ex-dividend date is Friday, October 26th. 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, 31st. The real estate investment trust reported $0.13 EPS 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 the consensus estimate of $118.56 million. Select Income REIT had a net margin of 16.59% and a return on equity of 3.55%. Select Income REIT's revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.70 earnings per share. View Select Income REIT's Earnings History.
When is Select Income REIT's next earnings date?
How can I listen to Select Income REIT's earnings call?
Select Income REIT will be holding an earnings conference call on Monday, October 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773284494.
What price target have analysts set for SIR?
6 equities research analysts have issued 1 year price targets for Select Income REIT's shares. Their predictions range from $5.50 to $34.00. On average, they anticipate Select Income REIT's share price to reach $23.30 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets for Select Income REIT.
What is the consensus analysts' recommendation for Select Income REIT?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Select Income REIT in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Select Income REIT.
Are investors shorting Select Income REIT?
Select Income REIT saw a decline in short interest in September. As of September 28th, there was short interest totalling 603,579 shares, a decline of 30.9% from the September 14th total of 873,165 shares. Based on an average trading volume of 1,423,484 shares, the short-interest ratio is currently 0.4 days. Currently, 1.0% of the company's shares are sold short. View Select Income REIT's Current Options Chain.
Who are some of Select Income REIT's key competitors?
Some companies that are related to Select Income REIT include Kilroy Realty (KRC), Vereit (VER), WP Carey (WPC), Apartment Investment and Management (AIV), Omega Healthcare Investors (OHI), CyrusOne (CONE), DCT Industrial Trust (DCT), Kimco Realty (KIM), Douglas Emmett (DEI), American Homes 4 Rent (AMH), New Residential Investment (NRZ), Liberty Property Trust (LPT), RioCan Real Estate Investment Trust (RIOCF), Store Capital (STOR) and Starwood Property Trust (STWD).
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
Who are Select Income REIT's major shareholders?
Select Income REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.36%), Strs Ohio (0.12%), Aperio Group LLC (0.08%), Bowling Portfolio Management LLC (0.06%), Cornerstone Wealth Management LLC (0.06%) and State of New Jersey Common Pension Fund D (0.02%). 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 major investors are selling Select Income REIT stock?
Which major investors are buying Select Income REIT stock?
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 $19.91.
How big of a company is Select Income REIT?
Select Income REIT has a market capitalization of $1.78 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.
What is Select Income REIT's official website?
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.
