NYSE:TIER - TIER REIT Stock Price, Price Target & More

$18.84 -0.40 (-2.08 %)
(As of 04/20/2018 03:02 AM ET)
Previous Close$18.84
Today's Range$18.59 - $19.15
52-Week Range$15.96 - $20.72
Volume146,037 shs
Average Volume180,385 shs
Market Capitalization$912.38 million
P/E Ratio12.00
Dividend Yield3.77%
Beta0.75

About TIER REIT (NYSE:TIER)

TIER REIT logoTIER 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. For additional information regarding TIER REIT, please visit www.tierreit.com or call 972.483.2400.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TIER
CUSIPN/A
Phone972-483-2400

Debt

Debt-to-Equity RatioN/A
Current Ratio0.12%
Quick Ratio0.12%

Price-To-Earnings

Trailing P/E Ratio12.00
Forward P/E Ratio13.75
P/E GrowthN/A

Sales & Book Value

Annual Sales$216.46 million
Price / Sales4.16
Cash Flow$3.7605 per share
Price / Cash5.01
Book Value$14.16 per share
Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$1.57
Net Income$84.28 million
Net Margins38.94%
Return on Equity12.09%
Return on Assets5.35%

Miscellaneous

Employees94
Outstanding Shares47,790,000

How to Become a New Pot Stock Millionaire

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 Thursday, February 8th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.18 per share on Thursday, March 29th. This represents a $0.72 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Wednesday, March 14th. View TIER REIT's Dividend History.

How were TIER REIT's earnings last quarter?

TIER REIT, Inc. (NYSE:TIER) issued its quarterly earnings results on Monday, February, 12th. The real estate investment trust reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.62. The real estate investment trust earned $54.63 million during the quarter, compared to the consensus estimate of $56.06 million. TIER REIT had a net margin of 38.94% and a return on equity of 12.09%. View TIER REIT's Earnings History.

What price target have analysts set for TIER?

2 Wall Street analysts have issued 1 year price targets for TIER REIT's shares. Their predictions range from $21.00 to $22.00. On average, they expect TIER REIT's stock price to reach $21.50 in the next twelve months. 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. " (3/9/2018)
  • 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)

Who are some of TIER REIT's key competitors?

Who are TIER REIT's key executives?

TIER REIT's management team includes the folowing people:
  • Mr. Scott W. Fordham, CEO & Director (Age 51)
  • Mr. James E. Sharp CPA, CFO & Treasurer (Age 45)
  • Mr. Dallas E. Lucas CPA, CFO, Treasurer & Principal Accounting Officer (Age 55)
  • Mr. William J. Reister, Chief Investment Officer and Exec. VP (Age 57)
  • Ms. Telisa Webb Schelin, Chief Legal Officer, Exec. VP & Sec. (Age 45)

Has TIER REIT been receiving favorable news coverage?

News coverage about TIER stock has trended positive this week, Accern reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TIER REIT earned a news impact score of 0.36 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 48.19 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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 $18.84.

How big of a company is TIER REIT?

TIER REIT has a market capitalization of $912.38 million 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.

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 (TIER)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  107 (Vote Underperform)
Total Votes:  211
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.

Analyst Ratings

TIER REIT (NYSE:TIER) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
2 Wall Street analysts have issued ratings and price targets for TIER REIT in the last 12 months. Their average twelve-month price target is $21.50, suggesting that the stock has a possible upside of 14.12%. The high price target for TIER is $22.00 and the low price target for TIER is $21.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $21.50$21.50$21.00$20.50
Price Target Upside: 14.12% upside15.22% upside8.42% upside24.17% upside

TIER REIT (NYSE:TIER) Consensus Price Target History

Price Target History for TIER REIT (NYSE:TIER)

TIER REIT (NYSE:TIER) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/6/2018Cantor FitzgeraldSet Price TargetBuy$22.00LowView Rating Details
2/12/2018BMO Capital MarketsSet Price TargetBuy$21.00MediumView Rating Details
1/27/2017JMP SecuritiesInitiated CoverageOutperform$21.00N/AView Rating Details
6/2/2016JPMorgan ChaseInitiated CoverageNeutral$16.00N/AView Rating Details
(Data available from 4/20/2016 forward)

Earnings

TIER REIT (NYSE:TIER) Earnings History and Estimates Chart

Earnings by Quarter for TIER REIT (NYSE:TIER)

TIER REIT (NYSE:TIER) Earnings Estimates

Current Year EPS Consensus Estimate: $1.37 EPS
Next Year EPS Consensus Estimate: $1.53 EPS

TIER REIT (NYSE TIER) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/12/2018Q4 2017$0.41($0.21)$56.06 million$54.63 millionViewN/AView Earnings Details
11/8/2017Q3 2017$0.36($0.17)$50.92 millionViewN/AView Earnings Details
8/7/2017Q2 2017$0.37$0.41$52.39 million$54.55 millionViewListenView Earnings Details
5/10/2017Q1 2017$0.35$2.04$58.90 million$56.36 millionViewN/AView Earnings Details
2/13/2017Q4 2016($0.07)($0.13)$55.16 million$54.08 millionViewN/AView Earnings Details
11/9/2016Q316$0.37$0.38$60.00 million$56.00 millionViewListenView Earnings Details
8/8/2016Q216$0.39$0.43$70.00 million$64.30 millionViewN/AView Earnings Details
5/9/2016Q116$0.40$0.45$64.38 million$68.50 millionViewN/AView Earnings Details
2/16/2016Q415$0.38$74.60 million$67.10 millionViewListenView Earnings Details
11/4/2015Q315$0.42$69.42 millionViewN/AView Earnings Details
8/5/2015Q2 2015($0.14)$70.04 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

TIER REIT (NYSE:TIER) Dividend Information

TIER REIT pays an annual dividend of $0.72 per share, with a dividend yield of 3.82%. TIER's most recent quarterly dividend payment was Thursday, March 29. TIER REIT pays out 45.86% of its earnings out as a dividend.
Most Recent Dividend:3/29/2018
Annual Dividend:$0.72
Dividend Yield:3.82%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:45.86% (Trailing 12 Months of Earnings)
52.55% (Based on This Year's Estimates)
47.06% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Dividend Payments by Quarter for TIER REIT (NYSE:TIER)

TIER REIT (NYSE:TIER) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/8/2018quarterly$0.184.18%3/14/20183/15/20183/29/2018
11/6/2017quarterly$0.183.66%12/14/201712/15/201712/29/2017
8/3/2017quarterly$0.183.98%9/14/20179/15/20179/29/2017
5/4/2017quarterly$0.184.36%6/13/20176/15/20176/30/2017
1/24/2017quarterly$0.183.93%3/13/20173/15/20173/31/2017
11/8/2016quarterly$0.184.86%12/23/201612/28/20161/6/2017
8/5/2016quarterly$0.184.37%9/28/20169/30/201610/7/2016
5/6/2016quarterly$0.184.49%6/28/20166/30/20167/8/2016
2/16/2016quarterly$0.185.29%3/29/20163/31/20164/8/2016
11/5/2015quarterly$0.184.67%12/24/201512/30/20151/8/2016
8/6/2015quarterly$0.189/28/20159/30/201510/8/2015
(Data available from 1/1/2013 forward)

Insider Trades

TIER REIT (NYSE TIER) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 61.94%
Insider Trading History for TIER REIT (NYSE:TIER)
Institutional Ownership by Quarter for TIER REIT (NYSE:TIER)

TIER REIT (NYSE TIER) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/5/2017William J ReisterInsiderSell7,500$19.62$147,150.0082,736View SEC Filing  
3/7/2017R Kent Griffin JrDirectorBuy27,500$18.25$501,875.0011,101View SEC Filing  
11/15/2016George Ronald WittenDirectorBuy7,000$15.63$109,410.0018,645View SEC Filing  
12/16/2015Robert S AisnerDirectorBuy2,000$16.18$32,360.002,000View SEC Filing  
9/9/2015Dallas E LucasCFOBuy7,500$14.62$109,650.0026,468View SEC Filing  
9/4/2015William J. ReisterEVPBuy6,700$13.84$92,728.0049,491View SEC Filing  
9/3/2015Scott W FordhamCEOBuy19,000$14.01$266,190.00111,608View SEC Filing  
9/3/2015Thomas M HerzogDirectorBuy42,300$13.86$586,278.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

TIER REIT (NYSE TIER) News Headlines

Source:
DateHeadline
TIER REIT to Release First Quarter 2018 Results on Tuesday, May 8thTIER REIT to Release First Quarter 2018 Results on Tuesday, May 8th
finance.yahoo.com - April 19 at 9:53 AM
Best office transaction: TIER REIT Inc. portfolioBest office transaction: TIER REIT Inc. portfolio
www.bizjournals.com - April 12 at 4:08 PM
Recent Portfolio Sale: Washington Prime GroupRecent Portfolio Sale: Washington Prime Group
seekingalpha.com - April 11 at 10:33 AM
TIER REIT, Inc. (TIER) Given Average Rating of "Hold" by AnalystsTIER REIT, Inc. (TIER) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 10 at 2:01 AM
TIER REIT (TIER) Downgraded by ValuEngine to HoldTIER REIT (TIER) Downgraded by ValuEngine to Hold
www.americanbankingnews.com - April 10 at 12:33 AM
Negative Prognosis For Healthcare REITsNegative Prognosis For Healthcare REITs
seekingalpha.com - April 9 at 4:08 PM
Digital Realtys Singapore Sites to Enjoy SGIX Local PeeringDigital Realty's Singapore Sites to Enjoy SGIX Local Peering
www.zacks.com - April 9 at 10:06 AM
TIER REIT (TIER) Downgraded by Zacks Investment Research to "Sell"TIER REIT (TIER) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - April 6 at 3:00 PM
TIER REIT (TIER) Downgraded to "Hold" at BidaskClubTIER REIT (TIER) Downgraded to "Hold" at BidaskClub
www.americanbankingnews.com - April 5 at 6:21 PM
TIER REIT Announces Sale of Loop Central & Acquisition of Remaining Interest in Domain 8TIER REIT Announces Sale of Loop Central & Acquisition of Remaining Interest in Domain 8
finance.yahoo.com - April 3 at 10:11 AM
TIER REIT (TIER) Stock Rating Reaffirmed by BMO Capital MarketsTIER REIT (TIER) Stock Rating Reaffirmed by BMO Capital Markets
www.americanbankingnews.com - March 31 at 9:54 PM
TIER REIT (TIER) Cut to D+ at TheStreetTIER REIT (TIER) Cut to D+ at TheStreet
www.americanbankingnews.com - March 30 at 1:43 PM
Reviewing Park Hotels & Resorts (PK) & TIER REIT (TIER)Reviewing Park Hotels & Resorts (PK) & TIER REIT (TIER)
www.americanbankingnews.com - March 28 at 9:09 PM
Brookfield’s Underwhelming Bid For GGP Pushes Down Retail REITsBrookfield’s Underwhelming Bid For GGP Pushes Down Retail REITs
www.wsj.com - March 28 at 4:07 PM
Digital Realty Achieves Operational Excellence for 11th YearDigital Realty Achieves Operational Excellence for 11th Year
www.zacks.com - March 28 at 10:06 AM
Cantor Fitzgerald Analysts Give TIER REIT (TIER) a $22.00 Price TargetCantor Fitzgerald Analysts Give TIER REIT (TIER) a $22.00 Price Target
www.americanbankingnews.com - March 24 at 1:37 PM
Zacks: Brokerages Anticipate TIER REIT Inc (TIER) Will Post Earnings of $0.32 Per ShareZacks: Brokerages Anticipate TIER REIT Inc (TIER) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - March 15 at 1:24 AM
Zacks Investment Research Downgrades TIER REIT (TIER) to SellZacks Investment Research Downgrades TIER REIT (TIER) to Sell
www.americanbankingnews.com - March 9 at 7:40 PM
Cantor Fitzgerald Weighs in on TIER REIT Incs FY2018 Earnings (TIER)Cantor Fitzgerald Weighs in on TIER REIT Inc's FY2018 Earnings (TIER)
www.americanbankingnews.com - March 8 at 8:56 AM
AWH Capital L.P. Invests $9.96 Million in TIER REIT Inc (TIER) StockAWH Capital L.P. Invests $9.96 Million in TIER REIT Inc (TIER) Stock
www.americanbankingnews.com - March 5 at 4:44 AM
Douglas Emmett To Present at 2018 Citi Global Property CEO ConferenceDouglas Emmett To Present at 2018 Citi Global Property CEO Conference
finance.yahoo.com - March 2 at 4:44 PM
Cantor Fitzgerald Reiterates $22.00 Price Target for TIER REIT (TIER)Cantor Fitzgerald Reiterates $22.00 Price Target for TIER REIT (TIER)
www.americanbankingnews.com - February 28 at 6:18 PM
Martingale Asset Management L P Has $5.55 Million Position in TIER REIT Inc (TIER)Martingale Asset Management L P Has $5.55 Million Position in TIER REIT Inc (TIER)
www.americanbankingnews.com - February 27 at 12:58 PM
TIER REIT Inc (TIER) Holdings Lifted by Schroder Investment Management GroupTIER REIT Inc (TIER) Holdings Lifted by Schroder Investment Management Group
www.americanbankingnews.com - February 27 at 11:52 AM
Cbre Clarion Securities LLC Invests $4.45 Million in TIER REIT Inc (TIER)Cbre Clarion Securities LLC Invests $4.45 Million in TIER REIT Inc (TIER)
www.americanbankingnews.com - February 27 at 5:36 AM
TIER REIT Inc (TIER) Holdings Reduced by American Century Companies Inc.TIER REIT Inc (TIER) Holdings Reduced by American Century Companies Inc.
www.americanbankingnews.com - February 27 at 4:06 AM
 Brokerages Anticipate TIER REIT Inc (TIER) to Announce $0.36 Earnings Per Share Brokerages Anticipate TIER REIT Inc (TIER) to Announce $0.36 Earnings Per Share
www.americanbankingnews.com - February 26 at 1:12 AM
Private Management Group Inc. Sells 22,568 Shares of TIER REIT Inc (TIER)Private Management Group Inc. Sells 22,568 Shares of TIER REIT Inc (TIER)
www.americanbankingnews.com - February 25 at 2:31 PM
TIER REIT Inc (TIER) Stake Increased by Victory Capital Management Inc.TIER REIT Inc (TIER) Stake Increased by Victory Capital Management Inc.
www.americanbankingnews.com - February 25 at 5:52 AM
TIER REIT (TIER) Given "Buy" Rating at Cantor FitzgeraldTIER REIT (TIER) Given "Buy" Rating at Cantor Fitzgerald
www.americanbankingnews.com - February 22 at 8:30 PM
TIER REIT Announces Sale of CentreportTIER REIT Announces Sale of Centreport
finance.yahoo.com - February 22 at 4:34 PM
TIER REIT (TIER) Given a $22.00 Price Target at Cantor FitzgeraldTIER REIT (TIER) Given a $22.00 Price Target at Cantor Fitzgerald
www.americanbankingnews.com - February 18 at 8:46 AM
Digital Realty (DLR) to Post Q4 Earnings: Whats in Store?Digital Realty (DLR) to Post Q4 Earnings: What's in Store?
www.msn.com - February 14 at 4:34 PM
TIER REIT Announces Exit from Baltimore with Sale of 500 East PrattTIER REIT Announces Exit from Baltimore with Sale of 500 East Pratt
finance.yahoo.com - February 14 at 4:34 PM
Tier Reit reports 4Q resultsTier Reit reports 4Q results
www.cnbc.com - February 13 at 8:53 AM
BMO Capital Markets Reiterates Buy Rating for TIER REIT (TIER)BMO Capital Markets Reiterates Buy Rating for TIER REIT (TIER)
www.americanbankingnews.com - February 12 at 8:28 PM
TIER REIT Announces Fourth Quarter & Full Year 2017 Financial ResultsTIER REIT Announces Fourth Quarter & Full Year 2017 Financial Results
finance.yahoo.com - February 12 at 4:49 PM
TIER REIT Inc (TIER) Announces $0.18 Quarterly DividendTIER REIT Inc (TIER) Announces $0.18 Quarterly Dividend
www.americanbankingnews.com - February 8 at 5:12 PM
TIER REIT Declares First Quarter 2018 DistributionTIER REIT Declares First Quarter 2018 Distribution
finance.yahoo.com - February 8 at 9:09 AM
Analyzing TIER REIT (TIER) & Mack Cali Realty (CLI)Analyzing TIER REIT (TIER) & Mack Cali Realty (CLI)
www.americanbankingnews.com - February 8 at 3:02 AM
Work starts on hip East Austin project with offices, condos; First tenant namedWork starts on hip East Austin project with offices, condos; First tenant named
www.bizjournals.com - February 7 at 8:58 AM
TIER REIT (TIER) and Mack Cali Realty (CLI) Head-To-Head ContrastTIER REIT (TIER) and Mack Cali Realty (CLI) Head-To-Head Contrast
www.americanbankingnews.com - February 3 at 1:12 AM
TIER REIT to Release Fourth Quarter 2017 Results on Monday, February 12thTIER REIT to Release Fourth Quarter 2017 Results on Monday, February 12th
finance.yahoo.com - January 29 at 4:40 PM
TIER REIT Recasts Credit FacilityTIER REIT Recasts Credit Facility
finance.yahoo.com - January 24 at 5:03 PM
TIER REIT (TIER) PT Set at $22.00 by Cantor FitzgeraldTIER REIT (TIER) PT Set at $22.00 by Cantor Fitzgerald
www.americanbankingnews.com - January 19 at 3:20 PM
Third + Shoal Office Space Over 90% LeasedThird + Shoal Office Space Over 90% Leased
finance.yahoo.com - January 18 at 6:56 PM
TIER REIT Inc (TIER) Receives Consensus Rating of "Hold" from BrokeragesTIER REIT Inc (TIER) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - January 16 at 8:00 AM
TIER REIT (TIER) Cut to "Sell" at Zacks Investment ResearchTIER REIT (TIER) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - January 5 at 12:32 PM
TIER REIT (TIER) Now Covered by Cantor FitzgeraldTIER REIT (TIER) Now Covered by Cantor Fitzgerald
www.americanbankingnews.com - December 30 at 9:06 AM
TIER REIT (TIER) Rating Increased to Hold at Zacks Investment ResearchTIER REIT (TIER) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - December 25 at 12:40 AM

SEC Filings

TIER REIT (NYSE:TIER) SEC Filings

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Social Media

Financials

TIER REIT (NYSE:TIER) Income Statement, Balance Sheet and Cash Flow Statement

Chart

TIER REIT (NYSE TIER) Stock Chart for Friday, April, 20, 2018

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This page was last updated on 4/20/2018 by MarketBeat.com Staff

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