About Glimcher Realty Trust (NYSE:GRT)
Glimcher Realty Trust (GRT), is an integrated, self-administered and self-managed Maryland REIT which was formed on September 1, 1993 to continue the business of The Glimcher Company and its affiliates, of owning, leasing, acquiring, developing and operating a portfolio of retail properties consisting of regional and super regional malls, and community shopping centers. The Properties consist of open-air centers, enclosed regional malls, outlet centers and community shopping centers. In March 2014, Glimcher Realty Trust completed the acquisition of about 290,000 square feet of open-air, mixed-use properties in the Oklahoma City. The purchase includes three retail properties, Classen Curve, Nichols Hills Plaza and The Triangle at Classen Curve, as well as about 12 acres of additional land in the upscale northern Oklahoma City and Nichols Hills neighborhoods.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Real Estate Investment Trusts (REITs)
- Sub-Industry: Retail REITs
- Symbol: NYSE:GRT
- CUSIP: 37930210
- Web: N/A
- Trailing P/E Ratio:
- Foreward P/E Ratio: 14.00
- P/E Growth:
Frequently Asked Questions for Glimcher Realty Trust (NYSE:GRT)
What is Glimcher Realty Trust's stock symbol?
Glimcher Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRT."
How were Glimcher Realty Trust's earnings last quarter?
Glimcher Realty Trust (NYSE:GRT) posted its quarterly earnings results on Monday, November, 3rd. The company reported $0.19 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.19. The business earned $98.30 million during the quarter, compared to analysts' expectations of $99.60 million. The company's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.17 EPS. View Glimcher Realty Trust's Earnings History.
Who are some of Glimcher Realty Trust's key competitors?
Some companies that are related to Glimcher Realty Trust include Berkshire Hathaway (BRK-A), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), J P Morgan Chase & Co (JPM), Bank of America Corporation (BAC), Wells Fargo & Company (WFC), HSBC Holdings PLC (HSBC), Citigroup (C), Royal Bank Of Canada (RY), Toronto Dominion Bank (The) (TD), BNP Paribas SA (BNPQY), Banco Santander, S.A. (SAN), Goldman Sachs Group, Inc. (The) (GS), Itau Unibanco Banco Holding SA (ITUB), U.S. Bancorp (USB), Morgan Stanley (MS), China Life Insurance Company Limited (LFC) and Mitsubishi UFJ Financial Group (MTU).
How do I buy Glimcher Realty Trust stock?
Shares of Glimcher Realty 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 Glimcher Realty Trust's stock price today?
MarketBeat Community Rating for Glimcher Realty Trust (NYSE GRT)MarketBeat's community ratings are surveys of what our community members think about Glimcher Realty 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.
One share of Glimcher Realty Trust stock can currently be purchased for approximately $14.00.
Consensus Ratings for Glimcher Realty Trust (NYSE:GRT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Glimcher Realty Trust (NYSE:GRT)
Analysts' Ratings History for Glimcher Realty Trust (NYSE:GRT)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/8/2016||Canaccord Genuity||Reiterated Rating||Hold||N/A|
Earnings History for Glimcher Realty Trust (NYSE:GRT)Earnings History by Quarter for Glimcher Realty Trust (NYSE GRT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/3/2014||Q314||$0.19||$0.19||$99.60 million||$98.30 million||View||N/A|
|7/17/2014||Q214||$0.18||$0.18||$97.70 million||$97.93 million||View||Listen|
|4/23/2014||Q114||$0.17||$0.16||$98.85 million||$93.20 million||View||Listen|
|7/18/2013||Q213||$0.16||$0.23||$89.35 million||$96.70 million||View||N/A|
|4/25/2013||Q113||$0.14||$0.16||$79.82 million||$91.00 million||View||Listen|
|2/15/2013||Q412||$0.21||$0.20||$89.33 million||$91.80 million||View||Listen|
Earnings Estimates for Glimcher Realty Trust (NYSE:GRT)
Current Year EPS Consensus Estimate: $1 EPS
Next Year EPS Consensus Estimate: $1 EPS
Current Dividend Information for Glimcher Realty Trust (NYSE:GRT)
|Most Recent Dividend:||1/22/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Glimcher Realty Trust (NYSE GRT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Glimcher Realty Trust (NYSE:GRT)Insider Trades by Quarter for Glimcher Realty Trust (NYSE:GRT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/9/2015||George A Schmidt||EVP||Sell||6,693||$13.96||$93,434.28|| |
|1/9/2015||Marshall A Loeb||CEO||Sell||11,702||$13.96||$163,359.92|| |
|5/30/2014||George A Schmidt||EVP||Sell||2,400||$11.00||$26,400.00|| |
|3/28/2014||George Schmidt||EVP||Sell||4,000||$9.97||$39,880.00|| |
|3/5/2014||Armand Mastropietro||SVP||Sell||2,400||$10.20||$24,480.00|| |
|9/17/2013||David Aronowitz||Director||Buy||2,500||$10.27||$25,675.00|| |
Headline Trends for Glimcher Realty Trust (NYSE:GRT)
Latest Headlines for Glimcher Realty Trust (NYSE:GRT)
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Glimcher Realty Trust (GRT) Chart for Tuesday, October, 17, 2017