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
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 Thursday, February 7th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.18 per share on Friday, March 29th. This represents a $0.72 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, March 14th. View TIER REIT's Dividend History.
How were TIER REIT's earnings last quarter?
TIER REIT Inc (NYSE:TIER) announced its quarterly earnings data on Monday, February, 11th. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.05. The real estate investment trust earned $55.55 million during the quarter, compared to analysts' expectations 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 updated its FY 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share (EPS) guidance of $1.40-1.48 for the period.
What price target have analysts set for TIER?
5 Wall Street analysts have issued 1-year price targets for TIER REIT's shares. Their forecasts range from $22.00 to $27.00. On average, they expect TIER REIT's stock price to reach $25.3333 in the next year. This suggests a possible upside of 3.4% 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.
Has TIER REIT been receiving favorable news coverage?
News coverage about TIER stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TIER REIT earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company'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 JBG SMITH Properties (JBGS), Howard Hughes (HHC), Highwoods Properties (HIW), Life Storage (LSI), Hospitality Properties Trust (HPT), Ryman Hospitality Properties (RHP), First Industrial Realty Trust (FR), AmeriCold Realty Trust (COLD), Blackstone Mortgage Trust (BXMT), Healthcare Realty Trust (HR), PS Business Parks (PSB), Cousins Properties (CUZ), Equity Commonwealth (EQC), Eastgroup Properties (EGP) and Weingarten Realty Investors (WRI).
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 investors include BlackRock Inc. (9.68%), Northern Trust Corp (2.35%), Land & Buildings Investment Management LLC (2.10%), Private Management Group Inc. (1.85%), Victory Capital Management Inc. (1.82%) and Geode Capital Management LLC (1.34%). 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?
TIER stock was sold by a variety of institutional investors in the last quarter, including Koshinski Asset Management Inc., Hodges Capital Management Inc., Prudential Financial Inc., Connor Clark & Lunn Investment Management Ltd., Bank of New York Mellon Corp, Private Management Group Inc., Virginia Retirement Systems ET AL and MetLife Investment Advisors LLC. View Insider Buying and Selling for TIER REIT.
Which major investors are buying TIER REIT stock?
TIER stock was purchased by a variety of institutional investors in the last quarter, including Land & Buildings Investment Management LLC, BlackRock Inc., AltraVue Capital LLC, Segall Bryant & Hamill LLC, Phocas Financial Corp., Principal Financial Group Inc., Victory Capital Management Inc. and Dimensional Fund Advisors LP. 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 $24.51.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.32 billion and generates $218.52 million in revenue each year. The real estate investment trust earns $84.28 million in net income (profit) each year or $1.61 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.
