TIER REIT, Inc. is a publicly traded (NYSE: TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed commercial office properties in dynamic markets throughout the U.S. Our vision is to be the premier owner and operator of best-in-class office properties in TIER1 submarkets, which are primarily higher density and amenity-rich locations within select, high-growth metropolitan areas that offer a walkable experience to various amenities. Our mission is to provide unparalleled, TIER ONE Property Services to our tenants and outsized total return through stock price appreciation and dividend growth to our stockholders.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:TIER
Previous SymbolOTCMKTS:TIER
CUSIPN/A
Phone972-483-2400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.11
Quick Ratio0.11
Price-To-Earnings
Trailing P/E Ratio14.84
Forward P/E Ratio14.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$216.46 million
Price / Sales5.80
Cash Flow$3.8134 per share
Price / Cash Flow6.11
Book Value$14.16 per share
Price / Book1.65
Profitability
EPS (Most Recent Fiscal Year)$1.57
Net Income$84.28 million
Net Margins5.92%
Return on Equity1.79%
Return on Assets0.78%
Miscellaneous
Employees94
Outstanding Shares53,880,000
Market Cap$1.26 billion
OptionableOptionable
TIER REIT (NYSE:TIER) Frequently Asked Questions
What is TIER REIT's stock symbol?
TIER REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "TIER."
How often does TIER REIT pay dividends? What is the dividend yield for TIER REIT?
TIER REIT declared a quarterly dividend on Monday, November 5th. Shareholders of record on Friday, December 14th will be paid a dividend of $0.18 per share on Thursday, December 27th. This represents a $0.72 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date is Thursday, December 13th. View TIER REIT's Dividend History.
How were TIER REIT's earnings last quarter?
TIER REIT Inc (NYSE:TIER) announced its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.06. The real estate investment trust had revenue of $54.83 million for the quarter, compared to the consensus estimate of $53.90 million. TIER REIT had a return on equity of 1.79% and a net margin of 5.92%. View TIER REIT's Earnings History.
When is TIER REIT's next earnings date?
What guidance has TIER REIT issued on next quarter's earnings?
TIER REIT updated its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $1.53-1.56 for the period.
What price target have analysts set for TIER?
5 brokerages have issued 12-month price objectives for TIER REIT's stock. Their predictions range from $21.00 to $27.00. On average, they expect TIER REIT's share price to reach $24.25 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for TIER REIT.
What is the consensus analysts' recommendation for TIER REIT?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TIER REIT in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TIER REIT.
What are Wall Street analysts saying about TIER REIT stock?
Here are some recent quotes from research analysts about TIER REIT stock:
- 1. According to Zacks Investment Research, "Tier REIT Inc. is a real estate investment trust which focused on commercial office real estate. It operates primarily in Atlanta, Georgia, Chicago, Illinois, Louisville and Kentucky. Tier REIT Inc. is based in Dallas, Texas. " (12/8/2018)
- 2. Cantor Fitzgerald analysts commented, "Today, TIER announced the disposition of Centreport Office Center, Fort Worth, TX, for $12.7m. This follows the disposition of 500 East Pratt for $60m, through which the company exited the Baltimore market. The company has Loop Central, Houston, under contract, with an expected sale in 1Q18." (2/22/2018)
Has TIER REIT been receiving favorable news coverage?
Media coverage about TIER stock has been trending very positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TIER REIT earned a daily sentiment score of 3.9 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of TIER REIT's key competitors?
Some companies that are related to TIER REIT include Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Life Storage (LSI), Howard Hughes (HHC), Highwoods Properties (HIW), Hospitality Properties Trust (HPT), Blackstone Mortgage Trust (BXMT), AmeriCold Realty Trust (COLD), First Industrial Realty Trust (FR), Rayonier (RYN), Healthcare Realty Trust (HR), PS Business Parks (PSB), Equity Commonwealth (EQC), Ryman Hospitality Properties (RHP) and Hammerson (HMSNF).
Who are TIER REIT's key executives?
TIER REIT's management team includes the folowing people:
- Mr. Scott W. Fordham CPA, CEO & Director (Age 51)
- Mr. Dallas E. Lucas CPA, Pres & COO (Age 55)
- Mr. James E. Sharp CPA, CFO & Treasurer (Age 45)
- Mr. William J. Reister, Chief Investment Officer & Exec. VP (Age 57)
- Ms. Telisa Webb Schelin, Chief Legal Officer, Exec. VP & Sec. (Age 45)
Who are TIER REIT's major shareholders?
TIER REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.83%), BlackRock Inc. (8.99%), Renaissance Technologies LLC (2.37%), Schroder Investment Management Group (1.87%), Morgan Stanley (1.82%) and Victory Capital Management Inc. (1.69%). Company insiders that own TIER REIT stock include R Kent Griffin Jr and William J Reister. View Institutional Ownership Trends for TIER REIT.
Which institutional investors are selling TIER REIT stock?
TIER stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Deprince Race & Zollo Inc., Prudential Financial Inc., Franklin Resources Inc., Morgan Stanley, TCW Group Inc., Virginia Retirement Systems ET AL and Credit Suisse AG. View Insider Buying and Selling for TIER REIT.
Which institutional investors are buying TIER REIT stock?
TIER stock was acquired by a variety of institutional investors in the last quarter, including Land & Buildings Investment Management LLC, BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Vanguard Group Inc., Victory Capital Management Inc. and Koshinski Asset Management Inc.. View Insider Buying and Selling for TIER REIT.
How do I buy shares of TIER REIT?
Shares of TIER 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.
What is TIER REIT's stock price today?
One share of TIER stock can currently be purchased for approximately $23.30.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.26 billion and generates $216.46 million in revenue each year. The real estate investment trust earns $84.28 million in net income (profit) each year or $1.57 on an earnings per share basis. TIER REIT employs 94 workers across the globe.
What is TIER REIT's official website?
How can I contact TIER REIT?
TIER REIT's mailing address is 5950 SHERRY LANE SUITE 700, DALLAS TX, 75225. The real estate investment trust can be reached via phone at 972-483-2400 or via email at [email protected]
MarketBeat Community Rating for TIER REIT (NYSE TIER)
MarketBeat's community ratings are surveys of what our community members think about TIER REIT and other stocks. Vote "Outperform" if you believe TIER will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TIER will underperform the S&P 500 over the long term. You may vote once every thirty days.
