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 Ratio0.84
Current Ratio1.90
Quick Ratio1.90
Price-To-Earnings
Trailing P/E Ratio8.36
Forward P/E Ratio8.61
P/E Growth1.96
Sales & Book Value
Annual Sales$468.10 million
Price / Sales4.30
Cash Flow$2.3344 per share
Price / Cash9.63
Book Value$22.26 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$66.90 million
Net Margins19.76%
Return on Equity4.41%
Return on Assets1.93%
Miscellaneous
EmployeesN/A
Outstanding Shares89,490,000
Market Cap$2,011.74
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 9.07%. The ex-dividend date 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 data on Tuesday, May, 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. The real estate investment trust earned $120.60 million during the quarter, compared to analyst estimates of $115.93 million. Select Income REIT had a return on equity of 4.41% and a net margin of 19.76%. The company's revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 EPS. 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 analysts have issued 12 month price objectives for Select Income REIT's shares. Their forecasts range from $5.50 to $34.00. On average, they expect Select Income REIT's share price to reach $22.30 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Ratings 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."
Are investors shorting Select Income REIT?
Select Income REIT saw a decrease in short interest in June. As of June 15th, there was short interest totalling 720,682 shares, a decrease of 31.3% from the May 31st total of 1,049,496 shares. Based on an average trading volume of 266,520 shares, the short-interest ratio is presently 2.7 days. Currently, 1.1% of the company's stock 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 Gaming and Leisure Properties (GLPI), Sun Communities (SUI), VICI Properties (VICI), Kilroy Realty (KRC), Vereit (VER), Kimco Realty (KIM), WP Carey (WPC), Lamar Advertising (LAMR), National Retail Properties (NNN), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), New Residential Investment (NRZ) and CyrusOne (CONE).
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?
Headlines about SIR stock have been trending somewhat positive on Monday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Select Income REIT earned a news impact score of 0.12 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 46.30 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 investors include Foundry Partners LLC (0.35%), Garner Asset Management Corp (0.28%), Cornerstone Wealth Management LLC (0.05%), State of Alaska Department of Revenue (0.02%) and Bank of Montreal Can (0.01%). 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?
Which institutional 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 $22.48.
How big of a company is Select Income REIT?
Select Income REIT has a market capitalization of $2.01 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.
