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
Price-To-Earnings
Sales & Book Value
Annual Sales$218.52 million
Profitability
Miscellaneous
Employees92
Next Earnings Date5/14/2019 (Estimated)
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 Thursday, February 7th. Investors of record on Friday, March 15th will be given a dividend of $0.18 per share on Friday, March 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Thursday, March 14th. View TIER REIT's Dividend History.
How were TIER REIT's earnings last quarter?
TIER REIT Inc (NYSE:TIER) released its quarterly earnings results on Monday, February, 11th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.05. The real estate investment trust had revenue of $55.55 million for the quarter, compared to analyst estimates of $54.49 million. TIER REIT had a negative return on equity of 0.67% and a negative net margin of 2.30%. 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 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share guidance of $1.40-1.48 for the period.
What price target have analysts set for TIER?
4 Wall Street analysts have issued 1-year price targets for TIER REIT's stock. Their predictions range from $27.00 to $29.00. On average, they expect TIER REIT's share price to reach $27.7533 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for TIER REIT.
What is the consensus analysts' recommendation for TIER REIT?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TIER REIT in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TIER REIT.
Has TIER REIT been receiving favorable news coverage?
News articles about TIER stock have trended very positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TIER REIT earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of TIER REIT's key competitors?
Some companies that are related to TIER REIT include Macerich (MAC), CubeSmart (CUBE), EPR Properties (EPR), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Highwoods Properties (HIW), AmeriCold Realty Trust (COLD), Life Storage (LSI), First Industrial Realty Trust (FR), Hospitality Properties Trust (HPT), Blackstone Mortgage Trust (BXMT), Ryman Hospitality Properties (RHP) and PS Business Parks (PSB).
What other stocks do shareholders of TIER REIT own?
Who are TIER REIT's key executives?
TIER REIT's management team includes the folowing people:
- Mr. Scott W. Fordham CPA, CEO & Director (Age 52)
- Mr. Dallas E. Lucas CPA, Pres & COO (Age 56)
- Mr. James E. Sharp CPA, CFO & Treasurer (Age 46)
- Mr. William J. Reister, Chief Investment Officer & Exec. VP (Age 58)
- Ms. Telisa Webb Schelin, Chief Legal Officer, Exec. VP & Sec. (Age 46)
Who are TIER REIT's major shareholders?
TIER REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.48%), Hodges Capital Management Inc. (0.06%) and Nisa Investment Advisors LLC (0.00%). Company insiders that own TIER REIT stock include Schelin Telisa Webb, Scott W Fordham 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 Manning & Napier Group LLC and Hodges Capital Management Inc.. Company insiders that have sold TIER REIT company stock in the last year include Schelin Telisa Webb and Scott W Fordham. View Insider Buying and Selling for TIER REIT.
Which institutional 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 $27.56.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.49 billion and generates $218.52 million in revenue each year. The real estate investment trust earns $-5,020,000.00 in net income (profit) each year or $1.61 on an earnings per share basis. TIER REIT employs 92 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.
