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
Average Prices:
  • 50 Day Moving Avg: $18.66
  • 200 Day Moving Avg: $19.94
  • 52 Week Range: $19.27 - $19.60
P/E:
  • Trailing P/E Ratio: 32.92
  • Foreward P/E Ratio: 57.18
  • P/E Growth: 21.42
Dividend:
  • Annual Dividend: $1.72
  • Dividend Yield: 8.8%
Profitability:
  • Net Margins: 4.64%
  • Return on Equity: 5.16%
  • Return on Assets: 0.55%
Misc:
  • Beta: 1.04
 

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 Friday, October 13th. Stockholders of record on Monday, October 23rd will be given a dividend of $0.43 per share on Monday, November 20th. This represents a $1.72 annualized dividend and a dividend yield of 8.85%. The ex-dividend date is Friday, October 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) posted its quarterly earnings results on Tuesday, August, 1st. The company reported $0.60 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.01. The firm 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%. Government Properties Income Trust's revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS. 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?

5 equities research analysts have issued 12 month target prices for Government Properties Income Trust's stock. Their forecasts range from $14.00 to $23.00. On average, they expect Government Properties Income Trust's share price to reach $18.40 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). " (10/9/2017)
  • 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

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 $19.44.


MarketBeat Community Rating for Government Properties Income Trust (NYSE GOV)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  272
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 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 1.60)
Consensus Price Target: $18.40 (5.35% downside)
Consensus Price Target History for Government Properties Income Trust (NYSE:GOV)
Price Target History for Government Properties Income Trust (NYSE:GOV)
Analysts' Ratings History for Government Properties Income Trust (NYSE:GOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/29/2017DA DavidsonInitiated CoverageNeutral$20.00MediumView Rating Details
9/21/2017Jefferies Group LLCReiterated RatingSell$14.00LowView Rating Details
9/1/2017Morgan StanleyReiterated RatingUnderweight$18.50 -> $18.00LowView 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 10/17/2015 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: $2.09
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$0.39$0.42$0.41
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)
Next Dividend:11/20/2017
Annual Dividend:$1.72
Dividend Yield:8.85%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-76.11% (Trailing 12 Months of Earnings)
382.22% (Based on This Year's Estimates)
505.88% (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
10/13/2017quarterly$0.438.83%10/20/201710/23/201711/20/2017
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
finance.yahoo.com logoIs It Time To Buy Government Properties Income Trust (GOV) Based Off Its PE Ratio?
finance.yahoo.com - October 16 at 8:53 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) & The Competition Head to Head Review
www.americanbankingnews.com - October 15 at 8:28 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Declares Quarterly Dividend of $0.43
www.americanbankingnews.com - October 13 at 5:44 PM
finance.yahoo.com logoGovernment Properties Income Trust Announces Quarterly Dividend on Common Shares
finance.yahoo.com - October 12 at 8:01 PM
forbes.com logoYour Pension Is a Lie: There's $210 Trillion Of Liabilities Our Government Can't Fulfill
www.forbes.com - October 10 at 4:51 PM
forbes.com logo7 Experts Share 10 Favorites Among REITs - Forbes
www.forbes.com - October 6 at 8:04 AM
nasdaq.com logoGovernment Properties Income Trust (GOV) Passes Through 9% Yield Mark
www.nasdaq.com - October 5 at 2:51 PM
americanbankingnews.com logoReviewing Government Properties Income Trust (GOV) and Its Competitors
www.americanbankingnews.com - October 5 at 12:16 AM
businesswire.com logoGovernment Properties Income Trust Completes Acquisition of First Potomac Realty Trust - Business Wire (press release)
www.businesswire.com - October 3 at 9:21 AM
bizjournals.com logoGovernment Properties completes $1.4 billion First Potomac acquisition
www.bizjournals.com - October 2 at 6:57 PM
finance.yahoo.com logoGovernment Properties Income Trust Completes Acquisition of First Potomac Realty Trust
finance.yahoo.com - October 2 at 6:56 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Coverage Initiated by Analysts at DA Davidson
www.americanbankingnews.com - September 29 at 12:50 PM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 29 at 8:30 AM
finance.yahoo.com logoHave Investors Already Priced In Real Estate Growth For Government Properties Income Trust (GOV)?
finance.yahoo.com - September 28 at 3:32 PM
businesswire.com logoFirst Potomac Realty Trust Shareholders Approve Acquisition by Government Properties Income Trust - Business Wire (press release)
www.businesswire.com - September 28 at 11:55 AM
finance.yahoo.com logoFirst Potomac shareholders vote to approve acquisition by Government Properties
finance.yahoo.com - September 26 at 4:49 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Government Properties Income Trust (GOV) Decreased by Jefferies Group
www.americanbankingnews.com - September 26 at 7:56 AM
americanbankingnews.com logoHead-To-Head Contrast: Government Properties Income Trust (GOV) and Empire State Realty Trust (ESRT)
www.americanbankingnews.com - September 24 at 12:36 PM
barrons.com logoThe Charms and Dangers of the Charitable Remainder Trust
www.barrons.com - September 22 at 11:04 PM
americanbankingnews.com logoComparing Government Properties Income Trust (GOV) & Its Rivals
www.americanbankingnews.com - September 22 at 2:20 AM
americanbankingnews.com logoGovernment Properties Income Trust (GOV) Rating Reiterated by Jefferies Group LLC
www.americanbankingnews.com - September 22 at 12:38 AM
nasdaq.com logoNoteworthy Tuesday Option Activity: M, GOV, MOH - Nasdaq
www.nasdaq.com - September 20 at 12:12 AM
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
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
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
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

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Chart

Government Properties Income Trust (GOV) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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