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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TIER
CUSIPN/A
Phone972-483-2400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.11
Quick Ratio0.11
Price-To-Earnings
Trailing P/E Ratio15.15
Forward P/E Ratio15.34
P/E GrowthN/A
Sales & Book Value
Annual Sales$216.46 million
Price / Sales5.58
Cash Flow$3.8170 per share
Price / Cash6.23
Book Value$14.16 per share
Price / Book1.68
Profitability
EPS (Most Recent Fiscal Year)$1.57
Net Income$84.28 million
Net Margins-8.33%
Return on Equity-2.59%
Return on Assets-1.09%
Miscellaneous
Employees94
Outstanding Shares50,780,000
Market Cap$1.21 billion
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, August 6th. Shareholders of record on Friday, September 14th will be given a dividend of $0.18 per share on Friday, September 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Thursday, September 13th. 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 Tuesday, August, 7th. The real estate investment trust reported ($0.17) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.53. The real estate investment trust had revenue of $53.99 million for the quarter, compared to analyst estimates of $52 million. TIER REIT had a negative return on equity of 2.59% and a negative net margin of 8.33%. View TIER REIT's Earnings History.
When is TIER REIT's next earnings date?
What price target have analysts set for TIER?
5 Wall Street analysts have issued 1-year price objectives for TIER REIT's stock. Their forecasts range from $21.00 to $27.00. On average, they expect TIER REIT's stock price to reach $24.25 in the next year. This suggests a possible upside of 2.0% 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. " (8/14/2018)
- 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)
Who are some of TIER REIT's key competitors?
Some companies that are related to TIER REIT include Life Storage (LSI), Hospitality Properties Trust (HPT), Rayonier (RYN), JBG SMITH Properties (JBGS), Senior Housing Properties Trust (SNH), Ryman Hospitality Properties (RHP), Gramercy Property Trust (GPT), First Industrial Realty Trust (FR), Sabra Health Care REIT (SBRA), Apple Hospitality REIT (APLE), Blackstone Mortgage Trust (BXMT), Weingarten Realty Investors (WRI), CoreSite Realty (COR), Cousins Properties (CUZ) and Equity Commonwealth (EQC).
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)
Has TIER REIT been receiving favorable news coverage?
Press coverage about TIER stock has trended somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TIER REIT earned a media and rumor sentiment score of 0.17 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 46.92 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for TIER REIT.
Who are TIER REIT's major shareholders?
TIER REIT's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.28%), Cbre Clarion Securities LLC (3.04%), Schwab Charles Investment Management Inc. (2.73%), Schroder Investment Management Group (2.32%), Private Management Group Inc. (2.06%) and Renaissance Technologies LLC (1.82%). 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 LSV Asset Management, Schwab Charles Investment Management Inc., Private Management Group Inc., Dupont Capital Management Corp, California Public Employees Retirement System, Schroder Investment Management Group, Deprince Race & Zollo Inc. and Advisors Asset Management Inc.. View Insider Buying and Selling for TIER REIT.
Which major investors are buying TIER REIT stock?
TIER stock was acquired by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, Victory Capital Management Inc., Renaissance Technologies LLC, Hood River Capital Management LLC, Federated Investors Inc. PA, BlackRock Inc., TCW Group Inc. and Manning & Napier Group 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 $23.78.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.21 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 (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.
