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About TIER REIT (NYSE:TIER)
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. For additional information regarding TIER REIT, please visit www.tierreit.com or call 972.483.2400.
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 Ratio0.10
Quick Ratio0.10
Price-To-Earnings
Trailing P/E Ratio13.85
Forward P/E Ratio15.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$216.46 million
Price / Sales4.82
Cash Flow$3.8158 per share
Price / Cash5.70
Book Value$14.35 per share
Price / Book1.52
Profitability
EPS (Most Recent Fiscal Year)$1.57
Net Income$84.28 million
Net Margins-2.56%
Return on Equity-0.80%
Return on Assets-0.34%
Miscellaneous
Employees94
Outstanding Shares47,920,000
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, May 7th. Investors of record on Friday, June 15th will be given a dividend of $0.18 per share on Friday, June 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, June 14th. View TIER REIT's Dividend History.
How were TIER REIT's earnings last quarter?
TIER REIT, Inc. (NYSE:TIER) issued its earnings results on Monday, August, 8th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.04. The real estate investment trust had revenue of $64.30 million for the quarter, compared to analyst estimates of $70 million. TIER REIT had a negative net margin of 2.56% and a negative return on equity of 0.80%. View TIER REIT's Earnings History.
What price target have analysts set for TIER?
3 brokerages have issued 1-year price targets for TIER REIT's shares. Their forecasts range from $21.00 to $22.00. On average, they expect TIER REIT's stock price to reach $21.50 in the next year. 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?
Some companies that are related to TIER REIT include Life Storage (LSI), First Industrial Realty Trust (FR), RLJ Lodging Trust (RLJ), Senior Housing Properties Trust (SNH), Cousins Properties (CUZ), LaSalle Hotel Properties (LHO), HRPT Properties Trust (EQC), Weingarten Realty (WRI), Uniti Group (UNIT), CoreSite (COR), Paramount Group (PGRE), Sabra Health Care REIT (SBRA), Blackstone Mortgage Trust (BXMT), CHIMERA Invt Co/SH NEW (CIM) and Healthcare Realty Trust (HR).
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?
Media stories about TIER stock have trended positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TIER REIT earned a news sentiment score of 0.26 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 45.60 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are TIER REIT's major shareholders?
TIER REIT's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.82%), Schwab Charles Investment Management Inc. (2.94%), Schroder Investment Management Group (2.52%), Private Management Group Inc. (2.33%), Northern Trust Corp (1.77%) and Madison International Realty Holdings LLC (1.11%). Company insiders that own TIER REIT stock include George Ronald Witten, R Kent Griffin Jr and William J Reister. View Institutional Ownership Trends for TIER REIT.
Which major investors are selling TIER REIT stock?
TIER stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Guggenheim Capital LLC, Hood River Capital Management LLC, TCW Group Inc., California Public Employees Retirement System, Prudential Financial Inc., Hodges Capital Management Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for TIER REIT.
Which major investors are buying TIER REIT stock?
TIER stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Schwab Charles Investment Management Inc., Millennium Management LLC, Dimensional Fund Advisors LP, Northern Trust Corp, Acuitas Investments LLC, GSA Capital Partners LLP and Susquehanna Fundamental Investments LLC. Company insiders that have bought TIER REIT stock in the last two years include George Ronald Witten and R Kent Griffin Jr. 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 $21.75.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.04 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.
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)
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.
TIER REIT (NYSE:TIER) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 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 downside of 1.15%. The high price target for TIER is $22.00 and the low price target for TIER is $21.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 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) | 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) |
| Consensus Price Target: | $21.50 | $21.50 | $21.50 | $20.50 |
| Price Target Upside: | 1.15% downside | 15.22% upside | 12.57% upside | 3.69% upside |
TIER REIT (NYSE:TIER) Consensus Price Target History
TIER REIT (NYSE:TIER) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
TIER REIT (NYSE:TIER) Dividend Information
TIER REIT pays an annual dividend of $0.72 per share, with a dividend yield of 3.31%. TIER's next quarterly dividend payment will be made on Friday, June 29. TIER REIT pays out 45.86% of its earnings out as a dividend.
| Next Dividend: | 6/29/2018 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 3.31% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 45.86% (Trailing 12 Months of Earnings)
51.43% (Based on This Year's Estimates)
46.45% (Based on Next Year's Estimates)
18.87% (Based on Cash Flow)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
TIER REIT (NYSE:TIER) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/7/2018 | quarterly | $0.18 | 3.67% | 6/14/2018 | 6/15/2018 | 6/29/2018 |
| 2/8/2018 | quarterly | $0.18 | 4.18% | 3/14/2018 | 3/15/2018 | 3/29/2018 |
| 11/6/2017 | quarterly | $0.18 | 3.66% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 8/3/2017 | quarterly | $0.18 | 3.98% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/4/2017 | quarterly | $0.18 | 4.36% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 1/24/2017 | quarterly | $0.18 | 3.93% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 11/8/2016 | quarterly | $0.18 | 4.86% | 12/23/2016 | 12/28/2016 | 1/6/2017 |
| 8/5/2016 | quarterly | $0.18 | 4.37% | 9/28/2016 | 9/30/2016 | 10/7/2016 |
| 5/6/2016 | quarterly | $0.18 | 4.49% | 6/28/2016 | 6/30/2016 | 7/8/2016 |
| 2/16/2016 | quarterly | $0.18 | 5.29% | 3/29/2016 | 3/31/2016 | 4/8/2016 |
| 11/5/2015 | quarterly | $0.18 | 4.67% | 12/24/2015 | 12/30/2015 | 1/8/2016 |
| 8/6/2015 | quarterly | $0.18 | | 9/28/2015 | 9/30/2015 | 10/8/2015 |
(Data available from 1/1/2013 forward)
TIER REIT (NYSE TIER) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 61.96%
TIER REIT (NYSE TIER) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/5/2017 | William J Reister | Insider | Sell | 7,500 | $19.62 | $147,150.00 | 82,736 |  |
| 3/7/2017 | R Kent Griffin Jr | Director | Buy | 27,500 | $18.25 | $501,875.00 | 11,101 | |
| 11/15/2016 | George Ronald Witten | Director | Buy | 7,000 | $15.63 | $109,410.00 | 18,645 | |
| 12/16/2015 | Robert S Aisner | Director | Buy | 2,000 | $16.18 | $32,360.00 | 2,000 | |
| 9/9/2015 | Dallas E Lucas | CFO | Buy | 7,500 | $14.62 | $109,650.00 | 26,468 | |
| 9/4/2015 | William J. Reister | EVP | Buy | 6,700 | $13.84 | $92,728.00 | 49,491 | |
| 9/3/2015 | Scott W Fordham | CEO | Buy | 19,000 | $14.01 | $266,190.00 | 111,608 | |
| 9/3/2015 | Thomas M Herzog | Director | Buy | 42,300 | $13.86 | $586,278.00 | | |
(Data available from 1/1/2013 forward)
TIER REIT (NYSE TIER) News Headlines
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TIER REIT (NYSE:TIER) SEC Filings
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TIER REIT (NYSE:TIER) Income Statement, Balance Sheet and Cash Flow Statement
TIER REIT (NYSE TIER) Stock Chart for Friday, May, 25, 2018
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