About Select Income REIT (NASDAQ:SIR)
SIR is a real estate investment trust, or REIT, which owns properties that are primarily leased to single tenants. As of December 31, 2017, we owned 366 buildings, leasable land parcels and easements with approximately 45.5 million rentable square feet located in 36 states. As of December 31, 2017, our subsidiary, Industrial Logistics Properties Trust, or ILPT, owned 266 of our 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 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
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNASDAQ:SIR
CUSIP81618T10
Phone617-796-8303
Debt
Debt-to-Equity Ratio1.55%
Current Ratio7.76%
Quick Ratio7.76%
Price-To-Earnings
Trailing P/E Ratio6.86
Forward P/E Ratio6.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$468.10 million
Price / Sales3.62
Cash Flow$2.3252 per share
Price / Cash8.15
Book Value$22.26 per share
Price / Book0.85
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$66.90 million
Net Margins14.29%
Return on Equity3.31%
Return on Assets1.39%
Miscellaneous
EmployeesN/A
Outstanding Shares89,490,000
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 declared a quarterly dividend on Saturday, January 20th. Shareholders of record on Monday, January 29th will be given a dividend of $0.51 per share on Thursday, February 22nd. This represents a $2.04 dividend on an annualized basis and a yield of 10.68%. The ex-dividend date is Friday, January 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 Friday, February, 16th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.69 by $0.30. The real estate investment trust earned $117.90 million during the quarter, compared to the consensus estimate of $117.78 million. Select Income REIT had a net margin of 14.29% and a return on equity of 3.31%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.71 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 brokerages have issued 1 year target prices for Select Income REIT's shares. Their forecasts range from $5.50 to $34.00. On average, they anticipate Select Income REIT's stock price to reach $22.90 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 Blackstone Mortgage Trust (BXMT), Chimera Investment (CIM), PS Business Parks (PSB), Sabra Health Care REIT (SBRA), Colony NorthStar (CLNS), MFA Financial (MFA), EastGroup Properties (EGP), Uniti Group (UNIT), National Health Investors (NHI), Physicians Realty Trust (DOC), Brandywine Realty Trust (BDN), Americold Realty Trust (COLD), Corporate Office Properties Trust (OFC), Two Harbors Investment (TWO), Geo Group (GEO), Empire State Realty (ESRT), DDR (DDR) and Great Portland Est (GPEAF).
Who are Select Income REIT's key executives?
Select Income REIT's management team includes the folowing people:
- Mr. David M. Blackman, Pres & COO (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 trended positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Select Income REIT earned a media sentiment score of 0.26 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $19.10.
How big of a company is Select Income REIT?
Select Income REIT has a market capitalization of $1.70 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 (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.
Select Income REIT (NASDAQ:SIR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Select Income REIT in the last 12 months. Their average twelve-month price target is $22.90, suggesting that the stock has a possible upside of 20.84%. The high price target for SIR is $34.00 and the low price target for SIR is $5.50. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.40 | 2.40 | 2.67 | 3.00 |
| Ratings Breakdown: | 1 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $22.90 | $23.50 | $19.75 | $34.00 |
| Price Target Upside: | 20.84% upside | 19.29% upside | 21.38% downside | 41.55% upside |
Select Income REIT (NASDAQ:SIR) Consensus Price Target History
Select Income REIT (NASDAQ:SIR) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Select Income REIT (NASDAQ:SIR) Dividend Information
Select Income REIT pays an annual dividend of $2.04 per share, with a dividend yield of 10.77%. SIR's most recent quarterly dividend payment was Thursday, February 22. Select Income REIT pays out 73.38% of its earnings out as a dividend.
| Most Recent Dividend: | 2/22/2018 |
| Annual Dividend: | $2.04 |
| Dividend Yield: | 10.77% |
| Payout Ratio: | 73.38% (Trailing 12 Months of Earnings)
74.73% (Based on This Year's Estimates)
71.33% (Based on Next Year's Estimates)
|
Select Income REIT (NASDAQ:SIR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/20/2018 | quarterly | $0.51 | 10.47% | 1/26/2018 | 1/29/2018 | 2/22/2018 |
| 10/13/2017 | quarterly | $0.51 | 8.29% | 10/20/2017 | 10/23/2017 | 11/16/2017 |
| 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 | $0.3444 | 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)
Select Income REIT (NASDAQ SIR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.06%
Institutional Ownership Percentage: 49.76%
Select Income REIT (NASDAQ SIR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/10/2017 | Victor Lewis Lawrick | Director | Sell | 75,000 | $0.20 | $15,000.00 | | |
| 7/28/2017 | Victor Lewis Lawrick | Director | Sell | 177,200 | $0.20 | $35,440.00 | | |
| 4/7/2017 | Richard Collier Atkinson | Insider | Buy | 67,000 | $0.16 | $10,720.00 | | |
| 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 | $0.0350 | $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)
Select Income REIT (NASDAQ SIR) News Headlines
| Source: |
|
Select Income REIT (NASDAQ:SIR) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Select Income REIT (NASDAQ:SIR) Income Statement, Balance Sheet and Cash Flow Statement
Select Income REIT (NASDAQ SIR) Stock Chart for Thursday, April, 19, 2018
Loading chart…
