NYSE:GPT - Gramercy Property Trust Stock Price, News, & Analysis

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

Gramercy Property Trust declared a quarterly dividend on Tuesday, May 1st. Shareholders of record on Friday, June 29th will be paid a dividend of $0.375 per share on Monday, July 16th. This represents a $1.50 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend is Thursday, June 28th. View Gramercy Property Trust's Dividend History.

Gramercy Property Trust shares reverse split 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.

Gramercy Property Trust (NYSE:GPT) issued its quarterly earnings results on Monday, July, 30th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.01. The real estate investment trust earned $145.60 million during the quarter, compared to analyst estimates of $148.34 million. View Gramercy Property Trust's Earnings History.

7 brokerages have issued twelve-month price objectives for Gramercy Property Trust's stock. Their forecasts range from $23.00 to $27.50. On average, they expect Gramercy Property Trust's stock price to reach $25.3750 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. View Analyst Price Targets for Gramercy Property Trust.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gramercy Property Trust in the last year. There are currently 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gramercy Property Trust.

News coverage about GPT stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gramercy Property Trust earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Some companies that are related to Gramercy Property Trust include American Hotel Income Properties REIT (AHOTF), American Spectrum Realty (AQQSQ), Ashford Hospitality Prime (AHP), Colony NorthStar (CLNS), CYS INVESTMENTS/SH SH (CYS), DCT Industrial Trust (DCT), DDR (DDR), Education Realty Trust (EDR), Five Oaks Investment (OAKS), GGP (GGP), Granite Real Estate (GRP), MTGE Investment (MTGE), Quality Care Properties (QCP), RAIT Financial Trust (RAS) and Resource Capital (RSO).

Shares of GPT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GPT stock can currently be purchased for approximately $27.48.

The official website for Gramercy Property Trust is http://www.gptreit.com.

Gramercy Property Trust's mailing address is 90 PARK AVENUE 32ND FLOOR, NEW YORK NY, 10016. The real estate investment trust can be reached via phone at 212-297-1000 or via email at [email protected]