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 announced 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.

Shares of Gramercy Property Trust reverse split on the morning of 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) posted its earnings results on Monday, July, 30th. The real estate investment trust reported $0.08 EPS for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.01. The real estate investment trust had revenue of $145.60 million for the quarter, compared to the consensus estimate of $148.34 million. View Gramercy Property Trust's Earnings History.

7 brokers have issued twelve-month price objectives for Gramercy Property Trust's stock. Their forecasts range from $23.00 to $27.50. On average, they anticipate Gramercy Property Trust's stock price to reach $25.3750 in the next year. 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.

Media stories about GPT stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gramercy Property Trust earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the next few days.

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]