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 - NEC
- Sub-Industry: Diversified REITs
- Symbol: NASDAQ:SIR
- CUSIP: 81618T10
- Web: www.sirreit.com
- Market Cap: $2.11676 billion
- Outstanding Shares: 89,427,000
- 50 Day Moving Avg: $24.25
- 200 Day Moving Avg: $25.02
- 52 Week Range: $23.15 - $27.97
Sales & Book Value:
- Trailing P/E Ratio: 23.28
- Foreward P/E Ratio: 8.08
- P/E Growth: 3.30
- Annual Revenue: $461.07 million
- Price / Sales: 4.56
- Book Value: $22.94 per share
- Price / Book: 1.02
- Annual Dividend: $2.04
- Dividend Yield: 8.6%
- EBIDTA: $325.04 million
- Net Margins: 19.58%
- Return on Equity: 4.34%
- Return on Assets: 1.95%
- Debt-to-Equity Ratio: 1.15%
- Current Ratio: 1.60%
- Quick Ratio: 1.60%
- Average Volume: 334,056 shs.
- Beta: 0.73
- Short Ratio: 4.32
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. Investors of record on Monday, July 24th will be given a dividend of $0.51 per share on Thursday, August 17th. This represents a $2.04 annualized dividend and a yield of 8.68%. 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, 26th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.36. The firm earned $114.90 million during the quarter, compared to analysts' expectations of $114.80 million. Select Income REIT had a return on equity of 4.34% and a net margin of 19.58%. Select Income REIT's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 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?
2 brokerages have issued 12-month price objectives for Select Income REIT's stock. Their forecasts range from $34.00 to $34.00. On average, they expect 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 SEGRO plc (SGRO), Cousins Properties Incorporated (CUZ), Intu Properties PLC (INTU), PS Business Parks (PSB), Empire State Realty Trust (ESRT), Derwent London Plc (DLN), Columbia Property Trust (CXP), Shaftesbury plc (SHB), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), Great Portland Estates Plc (GPOR), CBL & Associates Properties (CBL), Workspace Group plc (WKP), Global Net Lease (GNL), New York REIT (NYRT), Seritage Growth Properties (SRG), Government Properties Income Trust (GOV) and Hannon Armstrong Sustainable Infrastructure Capital (HASI).
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 variety of of retail and institutional investors. Top institutional investors include Ranger Global Real Estate Advisors LLC (0.00%), Orinda Asset Management LLC (0.00%), Pensionfund DSM Netherlands (0.00%), Pensionfund Sabic (0.00%), Forsta AP Fonden (0.00%) and State of Alaska Department of Revenue (0.00%). 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 Orinda Asset Management LLC, Breton Hill Capital Ltd., Bank of Montreal Can, Aperio Group LLC and State of Alaska Department of Revenue. 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 purchased by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Forsta AP Fonden, Nisa Investment Advisors LLC and Private Capital Management Inc.. 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?
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.
One share of Select Income REIT stock can currently be purchased for approximately $23.51.
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: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$34.00 (44.62% upside)|
Analysts' Ratings History for Select Income REIT (NASDAQ:SIR)
(Data available from 7/25/2015 forward)
|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|
Earnings History for Select Income REIT (NASDAQ:SIR)Earnings History by Quarter for Select Income REIT (NASDAQ SIR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for Select Income REIT (NASDAQ:SIR)
Current Year EPS Consensus Estimate: $2.69 EPS
Next Year EPS Consensus Estimate: $2.91 EPS
Current Dividend Information for Select Income REIT (NASDAQ:SIR)
|Payout Ratio:||201.98% (Trailing 12 Months of Earnings) |
75.84% (Based on This Year's Estimates)
70.10% (Based on Next Year's Estimates)
Dividend History by Quarter for Select Income REIT (NASDAQ SIR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Select Income REIT (NASDAQ:SIR)
Insider Ownership Percentage: 2.02%Insider Trades by Quarter for Select Income REIT (NASDAQ:SIR)
Institutional Ownership Percentage: 49.04%
(Data available from 1/1/2013 forward)
|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|
|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|| |
Headline Trends for Select Income REIT (NASDAQ:SIR)
Latest Headlines for Select Income REIT (NASDAQ:SIR)
|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 2017 Q1 - Results - Earnings Call Slides|
seekingalpha.com - April 26 at 8:37 PM
|Select Income REIT breached its 50 day moving average in a Bearish Manner : SIR-US : April 26, 2017|
finance.yahoo.com - April 26 at 3:33 PM
|Select Income REIT (SIR) Receives Daily Media Impact Score of 0.10|
www.americanbankingnews.com - April 25 at 1:54 PM
|Select Income REIT (SIR) Announces Earnings Results, Misses Expectations By $0.13 EPS|
www.americanbankingnews.com - April 25 at 11:57 AM
|Select Income REIT Announces First Quarter 2017 Results|
finance.yahoo.com - April 25 at 9:50 AM
|Select Income reports 1Q results|
finance.yahoo.com - April 25 at 9:50 AM
|Zacks: Analysts Set $27.00 Target Price for Select Income REIT (SIR)|
www.americanbankingnews.com - April 24 at 4:24 PM
|Select Income REIT (SIR) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - April 20 at 8:23 PM
|Select Income REIT : SIR-US: Dividend Analysis : April 21st, 2017 (record date) : By the numbers : April 20, 2017|
finance.yahoo.com - April 20 at 7:56 PM
|Select Income REIT goes ex-dividend tomorrow|
seekingalpha.com - April 18 at 9:13 AM
|Select Income REIT Announces 19100 Ridgewood Parkway Wins the Building of the Year Award from BOMA/San Antonio|
finance.yahoo.com - April 18 at 9:13 AM
|Select Income REIT (SIR) Earning Favorable Media Coverage, Report Shows|
www.americanbankingnews.com - April 17 at 1:24 PM
|Select Income REIT (SIR) Getting Somewhat Favorable Media Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 14 at 9:53 PM
|Select Income REIT (SIR) Downgraded to Sell at Zacks Investment Research|
www.americanbankingnews.com - April 13 at 7:42 AM
|Select Income REIT Plans Quarterly Dividend of $0.51 (SIR)|
www.americanbankingnews.com - April 12 at 5:35 PM
|Select Income REIT declares $0.51 dividend|
seekingalpha.com - April 11 at 7:36 PM
|Select Income REIT First Quarter 2017 Conference Call Scheduled for Tuesday, April 25th|
finance.yahoo.com - April 11 at 9:39 AM
|Select Income REIT Announces 400 South Jefferson Wins the Building of the Year Awards from BOMA for Both Chicago and North Central Region|
finance.yahoo.com - April 10 at 9:12 AM
Select Income REIT (SIR) Chart for Tuesday, July, 25, 2017