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: Financials
  • Industry: Commercial REITs
  • Sub-Industry: Office REITs
  • Symbol: NYSE:GOV
  • CUSIP: 38376A10
  • Web: www.govreit.com
Capitalization:
  • Market Cap: $1.76 billion
  • Outstanding Shares: 96,195,000
Average Prices:
  • 50 Day Moving Avg: $18.31
  • 200 Day Moving Avg: $20.10
  • 52 Week Range: $17.36 - $23.90
P/E:
  • Trailing P/E Ratio: 30.91
  • Foreward P/E Ratio: 61.00
  • P/E Growth: 18.25
Sales & Book Value:
  • Annual Revenue: $269.69 million
  • Price / Sales: 6.53
  • Book Value: $12.76 per share
  • Price / Book: 1.43
Dividend:
  • Annual Dividend: $1.72
  • Dividend Yield: 9.2%
Profitability:
  • EBIDTA: $143.68 million
  • Net Margins: 4.64%
  • Return on Equity: 5.16%
  • Return on Assets: 0.55%
Misc:
  • Average Volume: 1.49 million shs.
  • Beta: 1.04
  • Short Ratio: 2.05
 

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 announced a quarterly dividend on Wednesday, July 12th. Stockholders of record on Monday, July 24th will be given a dividend of $0.43 per share on Monday, August 21st. This represents a $1.72 annualized dividend and a dividend yield of 9.40%. The ex-dividend date is Thursday, July 20th. View Government Properties Income Trust's Dividend History.

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

Government Properties Income Trust (NYSE:GOV) released its earnings results on Tuesday, August, 1st. The company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.01. The business had revenue of $69.89 million for the quarter, compared to analysts' expectations of $69.08 million. Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The company's revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 earnings per share. View Government Properties Income Trust's Earnings History.

When will Government Properties Income Trust make its next earnings announcement?

Government Properties Income Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Government Properties Income Trust.

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

4 brokers have issued twelve-month price targets for Government Properties Income Trust's shares. Their forecasts range from $14.00 to $23.00. On average, they anticipate Government Properties Income Trust's share price to reach $18.00 in the next twelve months. 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). " (8/29/2017)
  • 2. FBR & Co analysts commented, "Last week, GOV announced it would acquire First Potomac Realty Trust for approximately $1.4B, including $11.15 per FPO share and the repayment and/or assumption of FPO debt. To finance the deal, GOV also announced a 25M share equity offering. The FPO deal is expected to close by YE17 and be leverage neutral after accounting for the equity offering and the assumption/pay down of FPO debt. GOV expects the deal to be accretive post-2018. The transaction is estimated to be completed at a 7.0% cap rate, and GOV expects no impact on its current shareholder distributions (dividends), which are currently $0.43/quarter ($1.72 annualized), a 9.3% yield on Monday’s close ($18.46). In our view, the acquisition of FPO, with its Washington, D.C.-focused portfolio, is a good fit for GOV as many of the properties are leased to government agencies and/or contractors. However, the market punished GOV shares, which had traded as high as $22.89 on June 20, to a closing low of $18.31 on June 30." (7/5/2017)

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

Who are Government Properties Income Trust's key executives?

Government Properties Income Trust's management team includes the folowing people:

  • David M. Blackman, President, Chief Operating Officer
  • Mark L. Kleifges, Chief Financial Officer, Treasurer
  • Barbara D. Gilmore, Independent Trustee
  • John L. Harrington, Independent Trustee
  • Elena Poptodorova, Independent Trustee
  • Adam D. Portnoy, Managing Trustee
  • Barry M. Portnoy, Managing Trustee

Who owns Government Properties Income Trust stock?

Government Properties Income Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (18.11%), BlackRock Inc. (7.63%), State Street Corp (0.00%), LSV Asset Management (1.65%), Bank of New York Mellon Corp (0.00%) and Northern Trust Corp (1.38%). 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 Renaissance Technologies LLC, Huber Capital Management LLC, JPMorgan Chase & Co., Prudential Financial Inc., BlackRock Inc., KBC Group NV, James Investment Research Inc. and Strs Ohio. 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 Vanguard Group Inc., Marshall Wace North America L.P., Forward Management LLC, Koch Industries Inc., Laurion Capital Management LP, LSV Asset Management, Citigroup Inc. and Tudor Investment Corp ET AL. 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.

What is Government Properties Income Trust's stock price today?

One share of Government Properties Income Trust stock can currently be purchased for approximately $18.30.


MarketBeat Community Rating for Government Properties Income Trust (NYSE GOV)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  249
MarketBeat's community ratings are surveys of what our community members think about Government Properties Income Trust 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.

Analyst Ratings

Consensus Ratings for Government Properties Income Trust (NYSE:GOV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $18.00 (1.64% downside)

Analysts' Ratings History for Government Properties Income Trust (NYSE:GOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/1/2017Morgan StanleyReiterated RatingUnderweight$18.50 -> $18.00LowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingSell$14.00LowView Rating Details
7/5/2017FBR & CoReiterated RatingOutperform$25.00 -> $23.00LowView Rating Details
10/31/2016Royal Bank of CanadaReiterated RatingUnderperform$19.00 -> $17.00N/AView Rating Details
(Data available from 9/19/2015 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
10/26/2017        
8/1/2017Q2 2017$0.59$0.60$69.08 million$69.89 millionViewListenView Earnings Details
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: $2.11
2018 EPS Consensus Estimate: $2.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.57$0.59$0.58
Q2 20172$0.58$0.58$0.58
Q3 20172$0.42$0.43$0.43
Q4 20172$0.50$0.55$0.53
Q1 20181$0.58$0.58$0.58
Q2 20181$0.58$0.58$0.58
Q3 20181$0.55$0.55$0.55
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Government Properties Income Trust (NYSE:GOV)
Most Recent Dividend:8/21/2017
Annual Dividend:$1.72
Dividend Yield:9.40%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-76.11% (Trailing 12 Months of Earnings)
337.25% (Based on This Year's Estimates)
573.33% (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
7/12/2017quarterly$0.439.61%7/20/20177/24/20178/21/2017
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
seekingalpha.com logoGovernment Properties Income Trust's Big Acquisition - Seeking Alpha
seekingalpha.com - September 18 at 4:25 AM
americanbankingnews.com logo$70.28 Million in Sales Expected for Government Properties Income Trust (GOV) This Quarter
www.americanbankingnews.com - September 3 at 5:54 AM
finance.yahoo.com logoGovernment Properties Income Trust breached its 50 day moving average in a Bullish Manner : GOV-US : September 1, 2017
finance.yahoo.com - September 1 at 7:33 PM
americanbankingnews.com logoMorgan Stanley Reaffirms "Underweight" Rating for Government Properties Income Trust (GOV)
www.americanbankingnews.com - September 1 at 7:02 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 29 at 11:58 PM
finance.yahoo.com logoGovernment Properties Income Trust : GOV-US: Dividend Analysis : July 24th, 2017 (record date) : By the numbers : August 25, 2017
finance.yahoo.com - August 26 at 3:44 AM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - August 15 at 10:32 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Government Properties Income Trust.
finance.yahoo.com - August 12 at 6:18 PM
finance.yahoo.com logoIHS Markit Score upgrades Government Properties Income Trust to 59 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 7:37 PM
seekingalpha.com logoThe RMR Group's (RMR) CEO Adam Portnoy on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 9 at 7:21 PM
americanbankingnews.com logoFinancial Contrast: One Liberty Properties (OLP) versus Government Properties Income Trust (NYSE:GOV)
www.americanbankingnews.com - August 4 at 7:44 AM
bizjournals.com logoHow big a golden parachute First Potomac's top execs will get after acquisition - Washington Business Journal
www.bizjournals.com - August 3 at 4:03 PM
businesswire.com logoGovernment Properties Income Trust Announces Second Quarter 2017 Results - Business Wire (press release)
www.businesswire.com - August 2 at 9:11 PM
bizjournals.com logoFirst Potomac cutting more than half of staff ahead of acquisition - Washington Business Journal
www.bizjournals.com - August 2 at 4:08 PM
finance.yahoo.com logoHow big a golden parachute First Potomac's top execs will get after acquisition
finance.yahoo.com - August 2 at 4:08 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of First Potomac Realty Trust - FPO
finance.yahoo.com - August 2 at 4:08 PM
finance.yahoo.com logoEdited Transcript of GOV earnings conference call or presentation 1-Aug-17 3:00pm GMT
finance.yahoo.com - August 2 at 12:46 AM
reuters.com logoBRIEF-Government Properties Income Trust Q2 adjusted FFO per share $0.60
www.reuters.com - August 1 at 7:42 PM
seekingalpha.com logoGovernment Properties Income Trust (GOV) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 7:42 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Second Quarter 2017 Results
finance.yahoo.com - August 1 at 7:42 PM
finance.yahoo.com logoGovernment Properties Income Trust reports 2Q results
finance.yahoo.com - August 1 at 7:42 PM
americanbankingnews.com logoGovernment Properties Income Trust (NYSE:GOV) Posts Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - August 1 at 11:06 AM
businesswire.com logoGovernment Properties Income Trust Announces Underwriters' Partial Exercise of Option to Purchase Additional Shares - Business Wire (press release)
www.businesswire.com - August 1 at 4:51 AM
finance.yahoo.com logoGovernment Properties Income Trust Announces Underwriters’ Partial Exercise of Option to Purchase Additional Shares
finance.yahoo.com - July 31 at 6:46 PM
americanbankingnews.com logo$69.00 Million in Sales Expected for Government Properties Income Trust (GOV) This Quarter
www.americanbankingnews.com - July 28 at 11:36 AM
americanbankingnews.com logoGovernment Properties Income Trust (NYSE:GOV) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 27 at 5:59 PM
americanbankingnews.com logoZacks: Analysts Anticipate Government Properties Income Trust (NYSE:GOV) to Announce $0.59 EPS
www.americanbankingnews.com - July 26 at 11:56 PM
nasdaq.com logoRelative Strength Alert For Government Properties Income Trust
www.nasdaq.com - July 20 at 5:00 PM
finance.yahoo.com logoGovernment Properties Income Trust Second Quarter 2017 Conference Call Scheduled for Tuesday, August 1st
finance.yahoo.com - July 18 at 9:02 PM
businesswire.com logoGovernment Properties Income Trust Prices $300 Million of 4.000% Senior Notes Due 2022 - Business Wire (press release)
www.businesswire.com - July 18 at 1:08 AM
finance.yahoo.com logoGovernment Properties Income Trust Prices $300 Million of 4.000% Senior Notes Due 2022
finance.yahoo.com - July 17 at 8:06 PM
americanbankingnews.com logoGovernment Properties Income Trust's (GOV) "Sell" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - July 15 at 4:14 PM
americanbankingnews.com logoJefferies Group Comments on Government Properties Income Trust's Q2 2017 Earnings (GOV)
www.americanbankingnews.com - July 13 at 10:42 AM
americanbankingnews.com logoGovernment Properties Income Trust Announces Quarterly Dividend of $0.43 (NYSE:GOV)
www.americanbankingnews.com - July 12 at 4:54 PM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Government Properties Income Trust's Q2 2017 Earnings (GOV)
www.americanbankingnews.com - July 7 at 9:08 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for Government Properties Income Trust's Q3 2017 Earnings (NYSE:GOV)
www.americanbankingnews.com - July 6 at 8:00 AM
americanbankingnews.com logoFBR & Co Reiterates "Outperform" Rating for Government Properties Income Trust (GOV)
www.americanbankingnews.com - July 5 at 11:00 AM
americanbankingnews.com logoGovernment Properties Income Trust (NYSE:GOV) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 3 at 11:22 PM
americanbankingnews.com logoGovernment Properties Income Trust (NYSE:GOV) Expected to Announce Quarterly Sales of $68.17 Million
www.americanbankingnews.com - July 2 at 8:18 AM
americanbankingnews.com logoGovernment Properties Income Trust (NYSE:GOV) Expected to Announce Earnings of $0.58 Per Share
www.americanbankingnews.com - June 30 at 6:26 PM
finance.yahoo.com logoCorporate News Blog - Government Properties Income Trust to Acquire First Potomac Realty Trust; Set to Expand its Property Portfolio in Metropolitan Washington, D.C. Area
finance.yahoo.com - June 30 at 3:28 PM
finance.yahoo.com logoGovernment Properties Income Trust -- Moody's affirms Government Properties' Baa3 rating; outlook revised to negative
finance.yahoo.com - June 30 at 3:28 PM
streetinsider.com logoGovernment Properties Income Trust (GOV) Prices 25M Share Offering at $18.50/Sh
www.streetinsider.com - June 29 at 11:15 PM
rttnews.com logoGovernment Properties Income Trust (GOV) Sank After Acquisition
www.rttnews.com - June 29 at 11:15 PM
seekingalpha.com logoGovernment Properties Income Trust Prices 25M Common Shares
seekingalpha.com - June 29 at 11:15 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - June 29 at 11:08 PM
businesswire.com logoGovernment Properties Income Trust Prices Offering of 25000000 Common Shares - Business Wire (press release)
www.businesswire.com - June 29 at 4:48 AM
businesswire.com logoGovernment Properties Income Trust to Acquire First Potomac Realty Trust for Approximately $1.4 Billion - Business Wire (press release)
www.businesswire.com - June 29 at 4:48 AM
reuters.com logoBRIEF-First Potomac Realty Trust to be acquired by Government Properties Income Trust in all-cash deal valued at ... - Reuters
www.reuters.com - June 28 at 11:46 PM
reuters.com logoBRIEF-Government Properties Income Trust announces proposed public offering of 25000000 common shares - Reuters
www.reuters.com - June 28 at 11:46 PM

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Chart

Government Properties Income Trust (GOV) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff