Government Properties Income Trust Company Profile (NYSE:GOV)

About Government Properties Income Trust

Government Properties Income Trust logoGovernment Properties Income Trust is a real estate investment trust (REIT). The Company operates in 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 Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others. The Company owns approximately 70 properties located in over 30 states and the District of Columbia containing approximately 10.7 million rentable square feet. Approximately 50 of those properties with over 7.3 million rentable square feet, are primarily leased to the United States Government, and approximately 20 of those properties, with approximately 2.6 million rentable square feet, are primarily leased to over 10 state Governments.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: GOV
  • CUSIP: 38376A10
Key Metrics:
  • Previous Close: $19.57
  • 50 Day Moving Average: $19.67
  • 200 Day Moving Average: $20.69
  • 52-Week Range: $13.34 - $24.61
  • Trailing P/E Ratio: 32.03
  • Foreward P/E Ratio: 55.91
  • P/E Growth: 13.04
  • Market Cap: $1.39B
  • Beta: 1.04
Additional Links:
Companies Related to Government Properties Income Trust:

Analyst Ratings

Consensus Ratings for Government Properties Income Trust (NYSE:GOV) (?)
Ratings Breakdown: 3 Sell Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $19.00 (2.91% downside)

Analysts' Ratings History for Government Properties Income Trust (NYSE:GOV)
Show:
DateFirmActionRatingPrice TargetDetails
10/31/2016RBC Capital MarketsReiterated RatingUnderperform$19.00 -> $17.00View Rating Details
10/31/2016Royal Bank Of CanadaLower Price TargetUnderperform$19.00 -> $17.00View Rating Details
10/28/2016FBR & CoSet Price TargetBuy$27.00 -> $25.00View Rating Details
7/19/2016Jefferies Group LLCDowngradeHold -> Underperform$17.00View Rating Details
2/25/2015MLV & Co.Reiterated RatingHold$21.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Government Properties Income Trust (NYSE:GOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416$0.11$64.54 millionN/AView 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$0.61$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$0.59$0.60$63.24 million$62.10 millionViewListenView Earnings Details
4/30/2015Q115$0.57$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)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $0.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.61$0.61$0.61
Q2 20162$0.59$0.64$0.62
Q3 20162$0.55$0.58$0.57
Q4 20162$0.54$0.58$0.56
Q1 20171$0.62$0.62$0.62
Q2 20171$0.59$0.59$0.59
Q3 20171$0.62$0.62$0.62
Q4 20171$0.62$0.62$0.62
Q1 20181$0.61$0.61$0.61
Q2 20181$0.61$0.61$0.61
Q3 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Government Properties Income Trust (NYSE:GOV)
Annual Dividend:$1.72
Dividend Yield:8.79%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-76.11% (Based on Trailing 12 Months of Earnings)
229.33% (Based on Current Year Consensus EPS Estimate)
491.43% (Based on Next Year Consensus EPS Estimate)

Dividend History for Government Properties Income Trust (NYSE:GOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History 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

Latest Headlines for Government Properties Income Trust (NYSE:GOV)
DateHeadline
4-traders.com logoWheeler Real Estate Investment Trust : Announces Monthly Cash Dividend (NYSE:GOV)
www.4-traders.com - February 17 at 8:49 AM
capitalcube.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bearish Manner : GOV-US : February 16, 2017 (NYSE:GOV)
www.capitalcube.com - February 16 at 5:25 PM
News IconAre Analysts Optimistic About Where Government Properties Income Trust (NYSE:GOV) is Heading? - Winfield Review (NYSE:GOV)
winfieldreview.com - February 15 at 4:42 AM
businesswire.com logoGovernment Properties Income Trust Fourth Quarter 2016 Conference Call Scheduled for Wednesday, February 22 nd (NYSE:GOV)
www.businesswire.com - February 8 at 6:06 PM
finance.yahoo.com logoGovernment Properties Income Trust Fourth Quarter 2016 Conference Call Scheduled for Wednesday, February 22nd (NYSE:GOV)
finance.yahoo.com - February 8 at 6:06 PM
News IconStock ABR Of Government Properties Income Trust (NYSE:GOV) At 3.8 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - February 4 at 4:00 AM
News IconProposed amendments in Direct Tax - Budget 2017 (NYSE:GOV)
www.caclubindia.com - February 1 at 6:12 PM
forbes.com logoGovernment Properties Income Trust Passes Through 9% Yield Mark (NYSE:GOV)
www.forbes.com - January 31 at 6:07 PM
capitalcube.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bearish Manner : GOV-US : January 31, 2017 (NYSE:GOV)
www.capitalcube.com - January 31 at 6:07 PM
seekingalpha.com logoPRO Weekly Digest: All About REITs With Dane Bowler (NYSE:GOV)
seekingalpha.com - January 29 at 10:35 PM
News IconGovernment Properties Income Trust (NYSE:GOV) Projected EPS At $0.56 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - January 29 at 5:35 PM
News IconHere's what the real estate sector expects from Budget 2017 (NYSE:GOV)
economictimes.indiatimes.com - January 27 at 5:02 AM
businesswire.com logoCOPT Announces Tax Treatment of 2016 Distributions (NYSE:GOV)
www.businesswire.com - January 25 at 6:49 PM
News IconEarnings in Full Force, Analysts Take Aim at Government Properties Income Trust (NYSE:GOV) - Wall Street Beacon (NYSE:GOV)
wsbeacon.com - January 25 at 4:14 AM
News IconThe Controversial Tax Benefit for Cabinet Members (NYSE:GOV)
www.wealthmanagement.com - January 23 at 5:56 PM
News Icon“Uncle Sam’s” Landlord Is a High-Dividend Stock Yielding 8.9% (NYSE:GOV)
www.dividends4life.com - January 23 at 11:20 AM
4-traders.com logoGovernment Properties Income Trust : Presolicitation Notice - Preventative Maintenance HVAC (NYSE:GOV)
www.4-traders.com - January 19 at 7:14 PM
News IconSell-side is Weighing in on Government Properties Income Trust (NYSE:GOV) Earnings & Targets - Aiken Advocate (NYSE:GOV)
aikenadvocate.com - January 18 at 11:00 PM
nasdaq.com logoGovernment Properties Income Trust (GOV) Ex-Dividend Date Scheduled for January 19, 2017 - Nasdaq (NYSE:GOV)
www.nasdaq.com - January 18 at 5:58 PM
businesswire.com logoGovernment Properties Income Trust Announces 2016 Dividend Allocation - Business Wire (press release) (NYSE:GOV)
www.businesswire.com - January 18 at 5:57 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces 2016 Dividend Allocation (NYSE:GOV)
finance.yahoo.com - January 17 at 8:31 PM
News IconWill The Needle Move For Government Properties Income Trust (NYSE:GOV) Shares This Earnings Season? - Wall Street Beacon (NYSE:GOV)
wsbeacon.com - January 17 at 3:31 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Government Properties Income Trust (NYSE:GOV) - Wall Street Beacon (NYSE:GOV)
wsbeacon.com - January 14 at 5:32 PM
News IconTaking a Look at the Chart for Government Properties Income Trust (GOV) - The USA Commerce (NYSE:GOV)
theusacommerce.com - January 14 at 5:32 PM
businesswire.com logoGovernment Properties Income Trust Announces Quarterly Dividend on Common Shares - Business Wire (press release) (NYSE:GOV)
www.businesswire.com - January 14 at 5:32 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Quarterly Dividend on Common Shares (NYSE:GOV)
finance.yahoo.com - January 13 at 6:34 PM
capitalcube.com logoETFs with exposure to Government Properties Income Trust : January 11, 2017 (NYSE:GOV)
www.capitalcube.com - January 11 at 6:05 PM
nytimes.com logoJared Kushner Will Sell Many of His Assets, but Ethics Lawyers Worry (NYSE:GOV)
www.nytimes.com - January 10 at 2:23 AM
News IconMedical Properties Trust, Inc. (MPW) Given "Buy" Rating at RBC Capital Markets (NYSE:GOV)
myhealthbowl.com - January 9 at 9:22 PM
thestreet.com logoMost Investors Should Own a Lot More REITs - TheStreet.com (NYSE:GOV)
realmoney.thestreet.com - January 6 at 6:05 PM
capitalcube.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bullish Manner : GOV-US : January 2, 2017 (NYSE:GOV)
www.capitalcube.com - January 2 at 5:31 PM
News IconGovernment Properties Income Trust (NYSE:GOV) Stock ABR At 3.8 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - December 29 at 5:36 PM
News IconHow Sarawak can help exempt religious bodies from paying income tax, according to a PKR lawmaker (NYSE:GOV)
www.themalaymailonline.com - December 29 at 3:31 AM
News IconSarawak PKR: Declare faith groups ‘trusts’ to avoid tax (NYSE:GOV)
www.freemalaysiatoday.com - December 28 at 10:29 PM
News IconIndia's crackdown on 'nameless' properties can help clean up sector, experts say (NYSE:GOV)
news.trust.org - December 26 at 10:56 AM
News IconOnline readers label Govt’s income tax plan ‘short-lived prosperity’ (NYSE:GOV)
www.jamaicaobserver.com - December 24 at 5:16 PM
News IconABR Of Government Properties Income Trust (NYSE:GOV) Stock At ... - Stock Observer (NYSE:GOV)
www.thestockobserver.com - December 23 at 10:47 PM
capitalcube.com logoETFs with exposure to Government Properties Income Trust : December 23, 2016 (NYSE:GOV)
www.capitalcube.com - December 23 at 5:44 PM
News IconIs Government Properties Income Trust (GOV) Going to Burn These Hedge Funds? (NYSE:GOV)
feedproxy.google.com - December 16 at 7:42 AM
News IconABR Of Government Properties Income Trust (NYSE:GOV) Stock At 3.8 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - December 15 at 6:03 PM
capitalcube.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bearish Manner : GOV-US : December 15, 2016 (NYSE:GOV)
www.capitalcube.com - December 15 at 6:03 PM
News IconSenior Housing Properties Trust's (SNH): Stock in the Traders Limelight (NYSE:GOV)
myhealthbowl.com - December 14 at 6:11 PM
News IconNext Weeks Broker Price Targets For Medical Properties Trust, Inc. (NYSE:MPW) (NYSE:GOV)
diy-home-garden.com - December 14 at 6:11 PM
News IconSenior Housing Properties Trust (NASDAQ:SNH) Receives An Update From Brokers (NYSE:GOV)
thecelebritytruth.com - December 14 at 6:11 PM
capitalcube.com logoETFs with exposure to Government Properties Income Trust : December 12, 2016 (NYSE:GOV)
www.capitalcube.com - December 12 at 5:39 PM
News IconGovernment Properties Income Trust (NYSE:GOV) Projected to Achieve EPS Of $0.57 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - December 12 at 11:24 AM
News IconCouncil Gives Go-Ahead to Redevelop Vacant D.C.-Owned Anacostia Properties (NYSE:GOV)
www.washingtoncitypaper.com - December 8 at 11:01 AM
investornewswire.com logoGovernment Properties Income Trust (NYSE:GOV) Price Target At $25? - Investor Newswire (NYSE:GOV)
www.investornewswire.com - December 2 at 5:25 PM
capitalcube.com logoETFs with exposure to Government Properties Income Trust : November 30, 2016 (NYSE:GOV)
www.capitalcube.com - November 30 at 5:38 PM
News IconGovernment Properties Income Trust (NYSE:GOV) Stock's ABR At 3.66 - Stock Observer (NYSE:GOV)
www.thestockobserver.com - November 24 at 5:23 PM

Social

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 Friday, January 13th. Investors of record on Monday, January 23rd will be given a dividend of $0.43 per share on Thursday, February 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.79%. The ex-dividend date is Thursday, January 19th.

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

4 brokerages have issued twelve-month price targets for Government Properties Income Trust's stock. Their forecasts range from $17.00 to $25.00. On average, they expect Government Properties Income Trust's share price to reach $19.00 in the next twelve months.

When will Government Properties Income Trust announce their earnings?

Government Properties Income Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

What are analysts saying about Government Properties Income Trust stock?

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

  • 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). " (12/2/2016)

  • 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)

Who owns Government Properties Income Trust stock?

Government Properties Income Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (2.45%), Renaissance Technologies LLC (1.51%), Dimensional Fund Advisors LP (1.41%), Martingale Asset Management L P (0.30%), Asset Management One Co. Ltd. (0.23%) and Credit Agricole S A (0.20%).

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 Peregrine Asset Advisers Inc., Menta Capital LLC, Guggenheim Capital LLC, Freestone Capital Holdings LLC, Bessemer Group Inc., Martingale Asset Management L P, Dimensional Fund Advisors LP and Frontier Wealth Management LLC.

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

Government Properties Income Trust's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Renaissance Technologies LLC, Russell Investments Group Ltd., Systematic Financial Management LP, Bowling Portfolio Management LLC, New York State Teachers Retirement System, Asset Management One Co. Ltd. and Credit Agricole S A.

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 $19.57.

Government Properties Income Trust (NYSE:GOV) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Government Properties Income Trust (NYSE:GOV)

Earnings History Chart

Earnings by Quarter for Government Properties Income Trust (NYSE:GOV)

Dividend History Chart

Dividend Payments by Quarter for Government Properties Income Trust (NYSE:GOV)

Last Updated on 2/21/2017 by MarketBeat.com Staff