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
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone972-483-2400
Debt
Current Ratio0.11
Quick Ratio0.11
Price-To-Earnings
Sales & Book Value
Annual Sales$216.46 million
Price / Sales5.29
Price / Cash Flow5.53
Price / Book1.50
Profitability
Net Income$84.28 million
Net Margins5.92%
Return on Assets0.78%
Miscellaneous
Employees94
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 announced a quarterly dividend on Monday, November 5th. Stockholders of record on Friday, December 14th will be given a dividend of $0.18 per share on Thursday, December 27th. This represents a $0.72 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Thursday, December 13th. View TIER REIT's Dividend History.
How were TIER REIT's earnings last quarter?
TIER REIT Inc (NYSE:TIER) released its quarterly earnings data on Monday, November, 5th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.06. The real estate investment trust earned $54.83 million during the quarter, compared to analyst estimates 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 issued an update on its FY 2018 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $1.53-1.56 for the period.
What price target have analysts set for TIER?
5 equities research analysts have issued 1-year target prices 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 twelve months. This suggests a possible upside of 14.1% 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. " (12/14/2018)
- 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?
News stories about TIER stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TIER REIT earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect 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 Howard Hughes (HHC), JBG SMITH Properties (JBGS), Highwoods Properties (HIW), Life Storage (LSI), Hospitality Properties Trust (HPT), AmeriCold Realty Trust (COLD), Blackstone Mortgage Trust (BXMT), Ryman Hospitality Properties (RHP), First Industrial Realty Trust (FR), Rayonier (RYN), Equity Commonwealth (EQC), PS Business Parks (PSB), Healthcare Realty Trust (HR), LaSalle Hotel Properties (LHO) and Apple Hospitality REIT (APLE).
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 investors include State of Alaska Department of Revenue (0.03%) and Sound Income Strategies LLC (0.00%). Company insiders that own TIER REIT stock include R Kent Griffin Jr and William J Reister. View Institutional Ownership Trends for TIER REIT.
Which major investors are selling TIER REIT stock?
Which major investors are buying TIER REIT stock?
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 $21.25.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.14 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.
