Government Properties Income Trust Company Profile (NYSE:GOV)

About Government Properties Income Trust (NYSE:GOV)

Government Properties Income Trust logoGovernment Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company's properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico. As of December 31, 2016, the Company owned 73 properties (95 buildings). As of December 31, 2016, the Company's properties were located in 31 states and the District of Columbia, and contained approximately 11.4 million rentable square feet.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Symbol: NYSE:GOV
  • CUSIP: 38376A10
  • Web: N/A
Capitalization:
  • Market Cap: $1.58 billion
  • Outstanding Shares: 71,177,000
Average Prices:
  • 50 Day Moving Avg: $21.58
  • 200 Day Moving Avg: $20.04
  • 52 Week Range: $17.66 - $24.61
P/E:
  • Trailing P/E Ratio: 33.11
  • Foreward P/E Ratio: 43.63
  • P/E Growth: 16.53
Sales & Book Value:
  • Annual Revenue: $263.87 million
  • Price / Sales: 6.00
  • Book Value: $13.05 per share
  • Price / Book: 1.70
Dividend:
  • Annual Dividend: $1.72
  • Dividend Yield: 7.8%
Profitability:
  • EBIDTA: $141.65 million
Misc:
  • Average Volume: 592,110 shs.
  • Beta: 1.04
  • Short Ratio: 12.09
 

Frequently Asked Questions for Government Properties Income Trust (NYSE:GOV)

What is Government Properties Income Trust's stock symbol?

Government Properties Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GOV."

How often does Government Properties Income Trust pay dividends? What is the dividend yield for Government Properties Income Trust?

Government Properties Income Trust declared a quarterly dividend on Wednesday, April 12th. Investors of record on Friday, April 21st will be paid a dividend of $0.43 per share on Monday, May 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend is Wednesday, April 19th. View Government Properties Income Trust's Dividend History.

How were Government Properties Income Trust's earnings last quarter?

Government Properties Income Trust (NYSE:GOV) issued its quarterly earnings data on Thursday, April, 27th. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by $0.02. The firm earned $69.30 million during the quarter, compared to analysts' expectations of $67.44 million. Government Properties Income Trust's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.62 EPS. View Government Properties Income Trust's Earnings History.

Where is Government Properties Income Trust's stock going? Where will Government Properties Income Trust's stock price be in 2017?

3 equities research analysts have issued 1 year price targets for Government Properties Income Trust's stock. Their predictions range from $17.00 to $25.00. On average, they expect Government Properties Income Trust's share price to reach $19.67 in the next year. View Analyst Ratings for Government Properties Income Trust.

What are analysts saying about Government Properties Income Trust stock?

Here are some recent quotes from research analysts about Government Properties Income Trust stock:

  • 1. According to Zacks Investment Research, "Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT). " (5/3/2017)
  • 2. FBR & Co analysts commented, "GOV posted 2Q16 EBITDA of $48.9 million, in line with our $49.0 million and well above the consensus of $42.7 million. FFO/share of $0.61 was light of our $0.64 estimate—it appears our interest expense was too low—although FFO was in line with consensus. GOV finished 2Q16 with consolidated occupancy on rentable square feet at 94.2%, while same-store occupancy was 94.4%. Despite the 50%+ rally in the shares YTD, GOV’s $1.72 dividend still yields 7.4%, and we think investors’ hunt for yield has attracted them to this investment-grade office REIT. With the seemingly insatiable search for yield continuing into 3Q16, we are raising our GOV target multiple on LTM EBITDA at 3Q17 to 15.5x (from 15.0x), which results in our price target increasing to $27 (from $25). This compares to 15.9x EBITDA for the peers we track on 2016E EBITDA." (7/29/2016)

Are investors shorting Government Properties Income Trust?

Government Properties Income Trust saw a decrease in short interest during the month of April. As of April 13th, there was short interest totalling 8,909,201 shares, a decrease of 0.5% from the March 31st total of 8,951,575 shares. Based on an average trading volume of 549,764 shares, the short-interest ratio is currently 16.2 days.

Who are some of Government Properties Income Trust's key competitors?

Who owns Government Properties Income Trust stock?

Government Properties Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (20.28%), BlackRock Inc. (10.36%), State Street Corp (2.61%), Bank of New York Mellon Corp (1.81%), LSV Asset Management (1.74%) and JPMorgan Chase & Co. (1.67%). View Institutional Ownership Trends for Government Properties Income Trust.

Who sold Government Properties Income Trust stock? Who is selling Government Properties Income Trust stock?

Government Properties Income Trust's stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Morgan Stanley, Credit Suisse AG, Renaissance Technologies LLC, Credit Agricole S A, Global X Management Co. LLC, KBC Group NV and Russell Investments Group Ltd.. View Insider Buying and Selling for Government Properties Income Trust.

Who bought Government Properties Income Trust stock? Who is buying Government Properties Income Trust stock?

Government Properties Income Trust's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Virginia Retirement Systems ET AL, State Street Corp, Ameriprise Financial Inc., LSV Asset Management, Bank of New York Mellon Corp and PNC Financial Services Group Inc.. View Insider Buying and Selling for Government Properties Income Trust.

How do I buy Government Properties Income Trust stock?

Shares of Government Properties Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Government Properties Income Trust stock cost?

One share of Government Properties Income Trust stock can currently be purchased for approximately $22.25.

Analyst Ratings

Consensus Ratings for Government Properties Income Trust (NYSE:GOV) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $19.67 (11.61% downside)

Analysts' Ratings History for Government Properties Income Trust (NYSE:GOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/22/2017FBR & CoReiterated RatingBuy$25.00N/AView Rating Details
10/31/2016Royal Bank of CanadaReiterated RatingUnderperform$19.00 -> $17.00N/AView Rating Details
7/19/2016Jefferies Group LLCDowngradeHold -> Underperform$17.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Government Properties Income Trust (NYSE:GOV)
Earnings by Quarter for Government Properties Income Trust (NYSE:GOV)
Earnings History by Quarter for Government Properties Income Trust (NYSE:GOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.58$0.56$67.44 million$69.30 millionViewN/AView Earnings Details
2/22/2017Q416$0.56$0.17$64.54 million$66.03 millionViewListenView Earnings Details
10/27/2016Q316$0.57$0.54$64.09 million$64.50 millionViewListenView Earnings Details
7/28/2016Q216$0.62$0.61$63.74 million$64.06 millionViewListenView Earnings Details
4/28/2016Q116$0.60$0.62$62.64 million$63.61 millionViewListenView Earnings Details
2/18/2016Q415$0.60$0.61$62.21 million$61.68 millionViewListenView Earnings Details
10/29/2015Q315$0.59$0.59$61.99 million$62.09 millionViewListenView Earnings Details
7/30/2015Q215$0.60$0.60$63.24 million$62.10 millionViewListenView Earnings Details
4/30/2015Q115$0.58$0.58$64.27 million$62.70 millionViewN/AView Earnings Details
2/20/2015Q414$0.58$0.58$63.45 million$64.60 millionViewN/AView Earnings Details
10/30/2014Q314$0.62$0.61$69.11 million$64.20 millionViewListenView Earnings Details
8/6/2014Q214$0.55$0.57$60.87 million$62.43 millionViewListenView Earnings Details
4/30/2014Q114$0.54$0.53$59.95 million$59.82 millionViewListenView Earnings Details
2/18/2014Q413$0.52$0.52$57.19 million$58.27 millionViewListenView Earnings Details
10/29/2013Q313$0.53$0.51$57.12 million$56.40 millionViewListenView Earnings Details
7/31/2013Q213$0.53$0.54$58.07 million$57.30 millionViewListenView Earnings Details
4/30/2013Q113$0.52$0.56$57.61 million$57.70 millionViewN/AView Earnings Details
2/20/2013Q412$0.53$0.53$56.34 million$56.30 millionViewListenView Earnings Details
10/30/2012Q312$0.55$0.54$52.10 million$54.08 millionViewN/AView Earnings Details
8/2/2012$0.53$0.52ViewN/AView Earnings Details
5/1/2012$0.53$0.54ViewN/AView Earnings Details
2/22/2012$0.52$0.56ViewN/AView Earnings Details
11/1/2011$0.50$0.51ViewN/AView Earnings Details
8/2/2011$0.50$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Government Properties Income Trust (NYSE:GOV)
2017 EPS Consensus Estimate: $2.30
2018 EPS Consensus Estimate: $2.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.57$0.59$0.58
Q2 20172$0.57$0.58$0.58
Q3 20172$0.57$0.57$0.57
Q4 20172$0.53$0.61$0.57
Q1 20181$0.61$0.61$0.61
Q2 20181$0.62$0.62$0.62
Q3 20181$0.58$0.58$0.58
Q4 20181$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Government Properties Income Trust (NYSE:GOV)
Most Recent Dividend:5/22/2017
Annual Dividend:$1.72
Dividend Yield:7.73%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-76.11% (Trailing 12 Months of Earnings)
264.62% (Based on This Year's Estimates)
337.25% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Government Properties Income Trust (NYSE:GOV)

Dividend History by Quarter for Government Properties Income Trust (NYSE:GOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/12/2017quarterly$0.437.75%4/19/20174/21/20175/22/2017
1/13/2017quarterly$0.438.51%1/19/20171/23/20172/23/2017
10/11/2016Quarterly$0.4310/19/201610/21/201611/21/2016
7/12/2016Quarterly$0.437/20/20167/22/20168/22/2016
4/13/2016Quarterly$0.434/21/20164/25/20165/23/2016
1/11/2016Quarterly$0.431/20/20161/22/20162/25/2016
10/13/2015Quarterly$0.4310/21/201510/23/201511/23/2015
7/14/2015quarterly$0.439.08%7/22/20157/24/20158/24/2015
4/13/2015quarterly$0.437.64%4/22/20154/24/20155/25/2015
1/12/2015quarterly$0.437.41%1/21/20151/23/20152/26/2015
10/13/2014quarterly$0.437.54%10/22/201410/24/201411/20/2014
7/14/2014quarterly$0.436.89%7/23/20147/25/20148/22/2014
4/8/2014quarterly$0.436.84%4/23/20144/25/20145/21/2014
1/3/2014quarterly$0.436.87%1/9/20141/13/20142/21/2014
10/9/2013quarterly$0.437.04%10/23/201310/25/201311/22/2013
7/10/2013quarterly$0.436.66%7/24/20137/26/20138/23/2013
4/10/2013quarterly$0.436.53%4/24/20134/26/20135/24/2013
1/10/2013quarterly$0.436.97%1/23/20131/25/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Government Properties Income Trust (NYSE:GOV)
Insider Trades by Quarter for Government Properties Income Trust (NYSE:GOV)
Institutional Ownership by Quarter for Government Properties Income Trust (NYSE:GOV)
Insider Trades by Quarter for Government Properties Income Trust (NYSE:GOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/29/2014Adam PortnoyDirectorBuy360,000$23.50$8,460,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Government Properties Income Trust (NYSE:GOV)
Latest Headlines for Government Properties Income Trust (NYSE:GOV)
Source:
DateHeadline
finance.yahoo.com logoGovernment Properties Income Trust Announces Annual Meeting Results
finance.yahoo.com - May 17 at 5:29 PM
americanbankingnews.com logoZacks: Analysts Expect Government Properties Income Trust (GOV) Will Announce Quarterly Sales of $68.17 Million
www.americanbankingnews.com - May 12 at 11:45 AM
marketwatch.com logoNorthwest Healthcare Properties Real Estate Investment Trust Releases First Quarter 2017 Results
www.marketwatch.com - May 11 at 11:08 PM
americanbankingnews.com logo$0.58 Earnings Per Share Expected for Government Properties Income Trust (GOV) This Quarter
www.americanbankingnews.com - May 11 at 12:28 AM
finance.yahoo.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bearish Manner : GOV-US : May 5, 2017
finance.yahoo.com - May 5 at 5:41 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Earns Daily News Impact Score of 0.03
www.americanbankingnews.com - May 3 at 2:58 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Receiving Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 30 at 1:53 PM
finance.yahoo.com logoEdited Transcript of GOV earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 29 at 11:05 PM
marketwatch.com logo10-Q: GOVERNMENT PROPERTIES INCOME TRUST
www.marketwatch.com - April 28 at 6:33 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Sees Significant Decline in Short Interest
www.americanbankingnews.com - April 28 at 7:19 AM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Issues Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - April 27 at 9:00 PM
reuters.com logoBRIEF-Government Properties Income Trust Q1 adjusted FFO $0.56/shr - Reuters
www.reuters.com - April 27 at 6:06 PM
seekingalpha.com logoGovernment Properties Income Trust's (GOV) CEO David Blackman on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 27 at 6:06 PM
finance.yahoo.com logoInvestor Network: Government Properties Income Trust to Host Earnings Call
finance.yahoo.com - April 27 at 6:06 PM
americanbankingnews.com logoSomewhat Negative Media Coverage Somewhat Unlikely to Affect Government Properties Income Trust (GOV) Stock Price
www.americanbankingnews.com - April 27 at 5:06 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces First Quarter 2017 Results - Yahoo Finance
finance.yahoo.com - April 27 at 8:08 AM
finance.yahoo.com logoGovernment Properties Income Trust Announces First Quarter 2017 Results
finance.yahoo.com - April 27 at 8:08 AM
americanbankingnews.com logoZacks Investment Research Upgrades Government Properties Income Trust (GOV) to Buy
www.americanbankingnews.com - April 26 at 10:44 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Getting Somewhat Negative News Coverage, Report Finds
www.americanbankingnews.com - April 23 at 3:13 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Expected to Announce Quarterly Sales of $67.56 Million
www.americanbankingnews.com - April 22 at 9:55 AM
finance.yahoo.com logoETFs with exposure to Government Properties Income Trust : April 21, 2017
finance.yahoo.com - April 21 at 5:28 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Earns News Impact Score of 0.44
www.americanbankingnews.com - April 20 at 11:04 AM
americanbankingnews.com logoZacks: Analysts Expect Government Properties Income Trust (GOV) to Announce $0.58 EPS
www.americanbankingnews.com - April 20 at 8:34 AM
finance.yahoo.com logoGovernment Properties Income Trust : GOV-US: Dividend Analysis : April 21st, 2017 (record date) : By the numbers : April 19, 2017
finance.yahoo.com - April 19 at 5:22 PM
americanbankingnews.com logoFY2017 EPS Estimates for Government Properties Income Trust (GOV) Increased by Analyst
www.americanbankingnews.com - April 18 at 3:56 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Six Additional EPA ... - Yahoo Finance
finance.yahoo.com - April 17 at 4:58 PM
nasdaq.com logoEx-Dividend Reminder: Hospitality Properties Trust, Government Properties Income Trust and Senior Housing ... - Nasdaq
www.nasdaq.com - April 17 at 4:58 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Six Additional EPA ENERGY STAR Certified Buildings
finance.yahoo.com - April 17 at 11:14 AM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Given News Sentiment Rating of 0.31
www.americanbankingnews.com - April 16 at 1:25 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Plans Quarterly Dividend of $0.43
www.americanbankingnews.com - April 12 at 5:35 PM
streetinsider.com logoGovernment Properties Income Trust (GOV) Declares $0.43 Quarterly Dividend; 7.7% Yield
www.streetinsider.com - April 12 at 9:40 AM
globenewswire.com logoHC Government Realty Trust, Inc. Completes Acquisition of GSA Property in Norfolk, Virginia
globenewswire.com - April 11 at 12:13 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Two Properties Recognized for Excellence by BOMA and GRACRE - Yahoo Finance
finance.yahoo.com - April 7 at 10:27 PM
finance.yahoo.com logoETFs with exposure to Government Properties Income Trust : April 7, 2017
finance.yahoo.com - April 7 at 5:25 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Two Properties Recognized for Excellence by BOMA and GRACRE
finance.yahoo.com - April 7 at 10:06 AM
americanbankingnews.com logoZacks: Brokerages Set $18.20 Target Price for Government Properties Income Trust (GOV)
www.americanbankingnews.com - April 3 at 1:14 PM
seekingalpha.com logoThis REIT Is Printing Money
seekingalpha.com - March 30 at 5:53 PM
bizjournals.com logoSafeway's lease deal with Longs Drugs ends redevelopment plan
www.bizjournals.com - March 29 at 10:58 PM
investopedia.com logoThe Only 3 Reasons Why You Should Have an Irrevocable Trust
www.investopedia.com - March 24 at 5:37 PM
seekingalpha.com logoWhen Enough Is Never Enough: Four-Pocket Retirement Strategy
seekingalpha.com - March 23 at 6:00 PM
seekingalpha.com logoI've Never Been So Disappointed To Make So Much Money
seekingalpha.com - March 17 at 8:24 AM
seekingalpha.com logoHow To Hedge The Upcoming Rate Hike: Sell This, Buy This
seekingalpha.com - March 14 at 12:20 PM
nasdaq.com logoInteresting GOV Put And Call Options For April 21st
www.nasdaq.com - March 10 at 11:38 PM
finance.yahoo.com logoGOVERNMENT PROPERTIES INCOME TRUST Financials
finance.yahoo.com - February 28 at 5:39 PM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - GOV
www.nasdaq.com - February 24 at 6:47 PM
streetinsider.com logoGovernment Properties Income Trust (GOV) Tops Q4 EPS by 6c; FFO was $0.58/Share
www.streetinsider.com - February 23 at 3:46 AM
finance.yahoo.com logoEdited Transcript of GOV earnings conference call or presentation 22-Feb-17 4:00pm GMT
finance.yahoo.com - February 23 at 3:46 AM
us.rd.yahoo.com logoGovernment Properties Income Trust Announces Fourth Quarter and Year End 2016 Results
us.rd.yahoo.com - February 22 at 10:45 PM
us.rd.yahoo.com logo7:02 am Government Properties Income Trust beats by $0.02, beats on revs
us.rd.yahoo.com - February 22 at 10:45 PM
finance.yahoo.com logoGovernment Properties Income Trust Elects Elena Poptodorova as ... - Yahoo Finance
finance.yahoo.com - February 22 at 5:43 PM

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Chart

Government Properties Income Trust (GOV) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff