Gramercy Property Trust Company Profile (NYSE:GPT)

About Gramercy Property Trust (NYSE:GPT)

Gramercy Property Trust logoGramercy Property Trust is a real estate investment trust (REIT), which is an investor and asset manager of commercial real estate. The Company's operating segments include Investments/Corporate and Asset Management. The Investments/Corporate segment includes all of its activities related to the investment and ownership of commercial properties located throughout the United States and Europe. The Asset Management segment includes substantially all of its activities related to asset and property management of commercial properties located throughout the United States and Europe. It is engaged in acquiring and managing single-tenant, net leased industrial, office and specialty properties. It focuses on income producing properties leased to tenants in markets in the United States and Europe. It earns revenues through rental revenues on properties that it owns in the United States and asset management revenues on properties owned by third parties in the United States and Europe.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Industrial REITs
  • Sub-Industry: N/A
  • Symbol: NYSE:GPT
  • CUSIP: N/A
  • Web: www.gptreit.com/
Capitalization:
  • Market Cap: $4.92 billion
  • Outstanding Shares: 160,669,000
Average Prices:
  • 50 Day Moving Avg: $30.57
  • 200 Day Moving Avg: $29.53
  • 52 Week Range: $24.09 - $31.26
P/E:
  • Trailing P/E Ratio: 291.62
  • Foreward P/E Ratio: 90.06
  • P/E Growth: 21.90
Sales & Book Value:
  • Annual Revenue: $525.64 million
  • Price / Sales: 9.36
  • Book Value: $18.92 per share
  • Price / Book: 1.62
Dividend:
  • Annual Dividend: $1.50
  • Dividend Yield: 4.9%
Profitability:
  • EBITDA: $368.69 million
  • Net Margins: 4.56%
  • Return on Equity: 0.90%
  • Return on Assets: 0.43%
Debt:
  • Debt-to-Equity Ratio: 0.62%
  • Current Ratio: 0.42%
  • Quick Ratio: 0.42%
Misc:
  • Average Volume: 881,738 shs.
  • Beta: 0.58
  • Short Ratio: 5.1
 

Frequently Asked Questions for Gramercy Property Trust (NYSE:GPT)

What is Gramercy Property Trust's stock symbol?

Gramercy Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPT."

How often does Gramercy Property Trust pay dividends? What is the dividend yield for Gramercy Property Trust?

Gramercy Property Trust declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 29th will be paid a dividend of $0.375 per share on Monday, October 16th. This represents a $1.50 annualized dividend and a dividend yield of 4.90%. The ex-dividend date of this dividend is Thursday, September 28th. View Gramercy Property Trust's Dividend History.

When did Gramercy Property Trust's stock split? How did Gramercy Property Trust's stock split work?

Gramercy Property Trust shares reverse split before market open on Tuesday, January 3rd 2017. The 1-3 reverse split was announced on Tuesday, December 20th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Friday, December 30th 2016. An investor that had 100 shares of Gramercy Property Trust stock prior to the reverse split would have 33 shares after the split.

How were Gramercy Property Trust's earnings last quarter?

Gramercy Property Trust (NYSE:GPT) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.02. The firm earned $131.40 million during the quarter, compared to analyst estimates of $136.30 million. Gramercy Property Trust had a net margin of 4.56% and a return on equity of 0.90%. Gramercy Property Trust's revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the company earned $0.18 earnings per share. View Gramercy Property Trust's Earnings History.

When will Gramercy Property Trust make its next earnings announcement?

Gramercy Property Trust is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Gramercy Property Trust.

What guidance has Gramercy Property Trust issued on next quarter's earnings?

Gramercy Property Trust issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $2.05-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.12.

Where is Gramercy Property Trust's stock going? Where will Gramercy Property Trust's stock price be in 2017?

5 equities research analysts have issued 12 month price targets for Gramercy Property Trust's stock. Their forecasts range from $30.00 to $34.00. On average, they expect Gramercy Property Trust's stock price to reach $31.67 in the next year. View Analyst Ratings for Gramercy Property Trust.

Who are some of Gramercy Property Trust's key competitors?

Who are Gramercy Property Trust's key executives?

Gramercy Property Trust's management team includes the folowing people:

  • Benjamin P. Harris, President
  • Gordon F. DuGan, Chief Executive Officer, Trustee
  • Jon W. Clark, Chief Financial Officer, Treasurer
  • Edward J. Matey Jr., Executive Vice President, General Counsel, Secretary
  • Nicholas L. Pell, Chief Investment Officer
  • Charles E. Black, Non-Executive Independent Chairman of the Board of Trustees
  • Allan J. Baum, Independent Trustee
  • Z. Jamie Behar, Independent Trustee
  • Thomas D. Eckert, Independent Trustee
  • James L. Francis, Independent Trustee

Who owns Gramercy Property Trust stock?

Gramercy Property Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Pier 88 Investment Partners LLC (0.05%), Narwhal Capital Management (0.04%), Quantitative Systematic Strategies LLC (0.01%) and Eqis Capital Management Inc. (0.01%). Company insiders that own Gramercy Property Trust stock include Benjamin P Harris, Charles E Black, Jon W Clark, Nicholas L Pell and Thomas D Eckert. View Institutional Ownership Trends for Gramercy Property Trust.

Who bought Gramercy Property Trust stock? Who is buying Gramercy Property Trust stock?

Gramercy Property Trust's stock was bought by a variety of institutional investors in the last quarter, including Pier 88 Investment Partners LLC, Narwhal Capital Management, Eqis Capital Management Inc. and Quantitative Systematic Strategies LLC. Company insiders that have bought Gramercy Property Trust stock in the last two years include Charles E Black, Jon W Clark and Thomas D Eckert. View Insider Buying and Selling for Gramercy Property Trust.

How do I buy Gramercy Property Trust stock?

Shares of Gramercy Property 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 Gramercy Property Trust's stock price today?

One share of Gramercy Property Trust stock can currently be purchased for approximately $30.62.


MarketBeat Community Rating for Gramercy Property Trust (NYSE GPT)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  286
MarketBeat's community ratings are surveys of what our community members think about Gramercy Property 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 Gramercy Property Trust (NYSE:GPT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $31.67 (3.42% upside)
Consensus Price Target History for Gramercy Property Trust (NYSE:GPT)
Price Target History for Gramercy Property Trust (NYSE:GPT)
Analysts' Ratings History for Gramercy Property Trust (NYSE:GPT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/1/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuyLowView Rating Details
8/22/2017Stifel NicolausReiterated RatingBuy$31.00LowView Rating Details
8/16/2017Bank of America CorporationDowngradeNeutral -> Underperform$30.00LowView Rating Details
7/17/2017JMP SecuritiesDowngradeMarket Outperform -> Market PerformLowView Rating Details
6/19/2017Compass PointReiterated RatingBuy$30.00 -> $34.00LowView Rating Details
6/28/2016Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$31.50N/AView Rating Details
1/14/2016SunTrust Banks, Inc.Lower Price TargetNeutral$27.00 -> $22.50N/AView Rating Details
12/18/2015DA DavidsonInitiated CoverageBuy$26.25N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Gramercy Property Trust (NYSE:GPT)
Earnings by Quarter for Gramercy Property Trust (NYSE:GPT)
Earnings History by Quarter for Gramercy Property Trust (NYSE GPT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.54N/AView Earnings Details
8/1/2017Q2 2017$0.51$0.49$136.30 million$131.40 millionViewListenView Earnings Details
5/2/2017Q1 2017$0.51$0.51$126.88 million$129.99 millionViewListenView Earnings Details
11/2/2016Q316$0.18$0.18$62.92 million$131.10 millionViewN/AView Earnings Details
8/3/2016Q216$0.17$0.21$54.15 million$139.43 millionViewN/AView Earnings Details
2/26/2016Q415$0.17$0.16$69.84 million$69.98 millionViewListenView Earnings Details
11/6/2015Q3$0.18$0.19$71.45 millionViewN/AView Earnings Details
11/6/2015Q315$0.05$0.54$58.52 million$65.20 millionViewN/AView Earnings Details
8/6/2015Q215$0.18$0.19$69.75 million$71.84 millionViewN/AView Earnings Details
8/6/2015Q215$0.45$0.45$50.54 million$54.20 millionViewN/AView Earnings Details
5/6/2015Q115$0.40$0.43$37.60 millionViewN/AView Earnings Details
5/5/2015Q1 2015$0.18$0.18$67.13 million$70.98 millionViewN/AView Earnings Details
3/6/2015Q414$0.09$0.09$35.14 million$37.43 millionViewN/AView Earnings Details
2/25/2015Q414$0.18$0.18$68.40 million$68.75 millionViewN/AView Earnings Details
11/4/2014Q314$0.01$0.08$25.60 million$34.30 millionViewN/AView Earnings Details
10/30/2014Q314$0.17$0.18$66.50 million$68.10 millionViewN/AView Earnings Details
8/7/2014Q214($0.02)$0.05$16.59 million$20.63 millionViewN/AView Earnings Details
8/6/2014Q2$0.17$0.17$67.31 million$66.60 millionViewN/AView Earnings Details
5/8/2014Q1$0.01$0.05$16.30 million$15.58 millionViewListenView Earnings Details
2/28/2014Q4 13$0.16$0.14$66.41 million$65.24 millionViewN/AView Earnings Details
3/13/2014Q4($0.01)$0.05$14.40 million$17.71 millionViewListenView Earnings Details
11/7/2013$0.04ViewListenView Earnings Details
8/8/2013Q213$0.15$0.16$54.50 million$67.11 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gramercy Property Trust (NYSE:GPT)
2017 EPS Consensus Estimate: $1.93
2018 EPS Consensus Estimate: $2.24
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.17$0.51$0.34
Q2 20172$0.50$0.51$0.51
Q3 20172$0.52$0.53$0.53
Q4 20172$0.55$0.56$0.56
Q1 20182$0.54$0.56$0.55
Q2 20182$0.54$0.56$0.55
Q3 20182$0.54$0.58$0.56
Q4 20182$0.55$0.60$0.58
Q1 20191$0.55$0.55$0.55
Q2 20191$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Gramercy Property Trust (NYSE:GPT)
Most Recent Dividend:10/16/2017
Annual Dividend:$1.50
Dividend Yield:4.90%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:1,666.85% (Trailing 12 Months of Earnings)
-1,363.64% (Based on This Year's Estimates)
441.18% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Gramercy Property Trust (NYSE:GPT)

Dividend History by Quarter for Gramercy Property Trust (NYSE GPT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017quarterly$0.385.07%9/28/20179/29/201710/16/2017
5/3/2017quarterly$0.385.46%6/28/20176/30/20177/14/2017
3/1/2017quarterly$0.385.41%3/29/20173/31/20174/14/2017
11/2/2016quarterly$0.135.68%12/28/201612/30/20161/13/2017
9/12/2016quarterly$0.114.7%9/28/20169/30/201610/14/2016
6/17/2016quarterly$0.114.91%6/28/20166/30/20167/15/2016
2/29/2016quarterly$0.1117.48%3/29/20163/31/20164/15/2016
12/23/2015special$0.0212/29/201512/31/20151/15/2016
12/7/2015$0.1812/14/201512/16/201512/22/2015
11/30/2015$0.0212/14/201512/16/201512/22/2015
10/21/2015monthly$0.047.12%11/25/201511/30/201512/8/2015
9/18/2015$0.0410/28/201510/30/201511/9/2015
9/16/2015quarterly$0.224.03%9/28/20159/30/201510/15/2015
6/12/2015quarterly$0.223.43%6/26/20156/30/20157/15/2015
5/6/2015monthly$0.047.01%7/29/20157/31/20158/10/2015
5/6/2015monthly$0.047.01%8/27/20158/31/20159/9/2015
5/6/2015monthly$0.047.01%9/28/20159/30/201510/8/2015
3/9/2015quarterly$0.052.88%3/27/20153/31/20154/15/2015
2/26/2015monthly$0.046.22%6/26/20156/30/20157/9/2015
2/26/2015monthly$0.046.22%5/27/20155/29/20156/8/2015
2/26/2015monthly$0.046.22%4/28/20154/30/20155/8/2015
12/9/2014quarterly$0.053.36%12/29/201412/31/20141/15/2015
10/31/2014monthly$0.046.21%3/27/20153/31/20154/8/2015
10/31/2014monthly$0.046.21%2/25/20152/27/20153/6/2015
10/30/2014jan 15$0.046.21%1/28/20151/30/20152/6/2015
9/15/2014quarterly$0.042.31%9/26/20149/30/201410/15/2014
8/11/2014monthly$0.046.41%10/28/201410/30/201411/7/2014
8/11/2014monthly$0.046.41%11/24/201411/26/201412/8/2014
8/11/2014monthly$0.046.41%12/26/201412/30/20141/7/2015
6/16/2014quarterly$0.042.36%6/26/20146/30/20147/15/2014
5/2/2014monthly$0.046.47%9/26/20149/30/201410/7/2014
5/2/2014monthly$0.046.47%7/29/20147/31/20148/7/2014
5/2/2014monthly$0.046.47%8/27/20148/29/20149/8/2014
3/13/2014quarterly$0.042.63%3/27/20143/31/20144/15/2014
3/3/2014monthly$0.046.43%4/28/20144/30/20145/7/2014
3/3/2014monthly$0.046.43%6/26/20146/30/20147/8/2014
3/3/2014monthly$0.046.43%5/28/20145/30/20146/6/2014
12/17/2013monthly$0.046.52%2/26/20142/28/20143/7/2014
12/17/2013monthly$0.046.52%1/29/20141/31/20142/7/2014
12/17/2013monthly$0.046.52%3/27/20143/31/20144/7/2014
12/16/2013jan 14$0.041/31/20142/7/2014
11/8/2013monthly$0.045.79%12/27/201312/31/20131/7/2014
11/8/2013monthly$0.045.79%11/26/201311/29/201312/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Gramercy Property Trust (NYSE:GPT)
Insider Ownership Percentage: 0.96%
Institutional Ownership Percentage: 86.80%
Insider Trades by Quarter for Gramercy Property Trust (NYSE:GPT)
Institutional Ownership by Quarter for Gramercy Property Trust (NYSE:GPT)
Insider Trades by Quarter for Gramercy Property Trust (NYSE:GPT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017Benjamin P HarrisPresidentSell9,000$30.50$274,500.00View SEC Filing  
6/30/2017Benjamin P. HarrisPresidentSell5,000$29.68$148,400.00View SEC Filing  
6/30/2017Nicholas L. PellInsiderSell11,350$29.53$335,165.50View SEC Filing  
3/10/2017Charles E. BlackDirectorBuy555$25.66$14,241.30View SEC Filing  
12/23/2016Benjamin P HarrisPresidentSell15,000$9.02$135,300.00View SEC Filing  
11/21/2016Charles E BlackDirectorBuy97,774$8.51$832,056.74View SEC Filing  
11/10/2016Jon W ClarkCFOBuy2,400$8.06$19,344.00View SEC Filing  
11/9/2016Thomas D EckertDirectorBuy50,000$8.72$436,000.00View SEC Filing  
9/16/2016Thomas D EckertDirectorBuy10,000$9.27$92,700.00View SEC Filing  
8/17/2016Benjamin P HarrisPresidentSell100,000$9.55$955,000.00View SEC Filing  
8/8/2016Charles E BlackDirectorBuy1,150$9.90$11,385.00View SEC Filing  
6/30/2016Benjamin P HarrisPresidentSell40,000$8.98$359,200.00View SEC Filing  
6/28/2016Charles E BlackDirectorBuy1,460$8.84$12,906.40View SEC Filing  
3/31/2016Benjamin P HarrisPresidentSell15,000$8.42$126,300.00View SEC Filing  
3/22/2016Charles E BlackDirectorBuy18,470$8.11$149,791.70View SEC Filing  
1/14/2016Thomas D EckertDirectorBuy8,987$6.94$62,369.78View SEC Filing  
1/13/2016Thomas D EckertDirectorSell8,987$6.93$62,279.91View SEC Filing  
12/28/2015Benjamin P. HarrisPresidentSell10,000$7.80$78,000.00View SEC Filing  
12/23/2015Thomas D EckertDirectorBuy40,000$7.76$310,400.00View SEC Filing  
9/12/2014Benjamin P HarrisPresidentBuy5,000$6.11$30,550.00View SEC Filing  
9/12/2014Jack A CuneoCEOBuy1,000$7.55$7,550.00View SEC Filing  
9/12/2014Martin A ReidCFOBuy1,940$7.57$14,685.80View SEC Filing  
5/16/2014Martin A ReidCFOBuy1,000$7.67$7,670.00View SEC Filing  
12/23/2013Allan BaumDirectorSell2,500$5.58$13,950.00View SEC Filing  
12/11/2013James M OrphanidesDirectorBuy11,000$7.74$85,140.00View SEC Filing  
12/11/2013Martin A ReidCFOBuy1,300$7.61$9,893.00View SEC Filing  
12/11/2013Philip L KiankaCOOBuy6,500$7.72$50,180.00View SEC Filing  
12/9/2013Jack A CuneoCEOBuy2,000$7.94$15,880.00View SEC Filing  
12/9/2013James M OrphanidesDirectorBuy5,000$7.88$39,400.00View SEC Filing  
11/21/2013James M OrphanidesDirectorBuy4,500$8.14$36,630.00View SEC Filing  
11/19/2013Benjamin P HarrisPresidentBuy25,000$4.50$112,500.00View SEC Filing  
9/13/2013Jack A CuneoCEOBuy1,800$8.79$15,822.00View SEC Filing  
9/5/2013Louis P SalvatoreDirectorBuy10,000$7.85$78,500.00View SEC Filing  
8/30/2013Charles E BlackDirectorBuy1,810$7.23$13,086.30View SEC Filing  
8/29/2013Charles E BlackDirectorBuy13,675$7.29$99,690.75View SEC Filing  
8/15/2013Philip L KiankaCOOBuy10,000$8.07$80,700.00View SEC Filing  
8/14/2013Jack A CuneoCEOBuy8,000$8.15$65,200.00View SEC Filing  
8/14/2013James M OrphanidesDirectorBuy9,500$8.07$76,665.00View SEC Filing  
8/13/2013James M OrphanidesDirectorBuy12,000$8.12$97,440.00View SEC Filing  
8/13/2013Martin A ReidCFOBuy1,700$8.13$13,821.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gramercy Property Trust (NYSE:GPT)
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Chart

Gramercy Property Trust (GPT) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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