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 Ratio15.31
Forward P/E Ratio16.68
P/E GrowthN/A
Sales & Book Value
Annual Sales$216.46 million
Price / Sales5.28
Cash Flow$3.7797 per share
Price / Cash6.31
Book Value$14.16 per share
Price / Book1.68
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 declared a quarterly dividend on Monday, May 7th. Stockholders of record on Friday, June 15th will be paid 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 3.02%. 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) announced its quarterly earnings data on Monday, August, 8th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.04. The real estate investment trust had revenue of $64.30 million for the quarter, compared to analysts' expectations 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?
5 equities research analysts have issued 12 month target prices for TIER REIT's shares. Their forecasts range from $21.00 to $25.00. On average, they expect TIER REIT's stock price to reach $22.75 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), Gramercy Property Trust (GPT), JBG SMITH Properties (JBGS), Senior Housing Properties Trust (SNH), Ryman Hospitality Properties (RHP), Apple Hospitality REIT (APLE), First Industrial Realty Trust (FR), Weingarten Realty Investors (WRI), Cousins Properties (CUZ), Uniti Group (UNIT), RLJ Lodging Trust (RLJ), LaSalle Hotel Properties (LHO), Equity Commonwealth (EQC), Sabra Health Care REIT (SBRA) and CoreSite Realty (COR).
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 somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. 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 impact score of 0.17 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 44.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company'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 retail and institutional investors. Top institutional investors 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 institutional 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 institutional investors are buying TIER REIT stock?
TIER stock was purchased 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 $23.85.
How big of a company is TIER REIT?
TIER REIT has a market capitalization of $1.15 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.
