NYSE:GPT - Gramercy Property Trust Stock Price, Price Target & More

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. Stockholders of record on Friday, June 29th will be given a dividend of $0.375 per share on Monday, July 16th. This represents a $1.50 annualized dividend and a dividend yield of 5.48%. The ex-dividend date is Thursday, June 28th. View Gramercy Property Trust's Dividend History.

Gramercy Property Trust's stock 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.

Gramercy Property Trust (NYSE:GPT) released its quarterly earnings data on Monday, April, 30th. The real estate investment trust reported $0.16 EPS for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.34. The real estate investment trust earned $149.50 million during the quarter, compared to analysts' expectations of $124.29 million. Gramercy Property Trust had a net margin of 18.27% and a return on equity of 3.42%. The business's quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 EPS. View Gramercy Property Trust's Earnings History.

Gramercy Property Trust is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Gramercy Property Trust.

8 brokers have issued 12 month price objectives for Gramercy Property Trust's stock. Their predictions range from $23.00 to $30.00. On average, they anticipate Gramercy Property Trust's stock price to reach $26.30 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Ratings for Gramercy Property Trust.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gramercy Property Trust in the last year. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Gramercy Property Trust saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,629,074 shares, an increase of 136.2% from the May 31st total of 1,113,034 shares. Based on an average trading volume of 2,045,381 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.7% of the company's shares are short sold. View Gramercy Property Trust's Current Options Chain.

Some companies that are related to Gramercy Property Trust include Realty Income (O), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Regency Centers (REG), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE) and Iron Mountain (IRM).

Media coverage about GPT stock has trended somewhat positive on Sunday, according to Accern Sentiment. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gramercy Property Trust earned a coverage optimism score of 0.06 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 47.27 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Gramercy Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Tokio Marine Asset Management Co. Ltd. (0.14%), FNY Investment Advisers LLC (0.05%), State of Alaska Department of Revenue (0.04%), Havens Advisors LLC (0.03%), Westpac Banking Corp (0.02%) and Pendal Group Ltd (0.02%). 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.

GPT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Pendal Group Ltd, Westpac Banking Corp, State of Alaska Department of Revenue, Spirit of America Management Corp NY and Nisa Investment Advisors LLC. View Insider Buying and Selling for Gramercy Property Trust.

GPT stock was acquired by a variety of institutional investors in the last quarter, including Tokio Marine Asset Management Co. Ltd., FNY Investment Advisers LLC, Havens Advisors LLC, Sphinx Trading LP, GWM Advisors LLC and Xact Kapitalforvaltning AB. 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.

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 $27.35.

Gramercy Property Trust has a market capitalization of $4.40 billion and generates $545.22 million in revenue each year. The real estate investment trust earns $85.26 million in net income (profit) each year or $2.05 on an earnings per share basis. Gramercy Property Trust employs 109 workers across the globe.

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]