TIER REIT Company Profile (OTCMKTS:TIER)

About TIER REIT (OTCMKTS:TIER)

TIER REIT logoTIER REIT, Inc. is a real estate investment trust. The Company's business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The Company's business is conducted through Tier Operating Partnership LP (Tier OP). As of December 31, 2016, the Company owned interests in 29 operating office properties, one non-operating property and one development property located in 13 markets throughout the United States. It owns properties located in metropolitan cities and suburban markets in the United States. The Company's office properties include The Terrace Office Park, Domain 3, Domain 4, 5950 Sherry Lane, Burnett Plaza, Loop Central, One BriarLake Plaza, Three Eldridge Place, Eisenhower I, Forum Office Park, 500 E. Pratt, Woodcrest Corporate Center and 111 Woodcrest. The Company's properties are located in Austin, Dallas, Houston, Charlotte, Nashville, Atlanta and Denver.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Office REITs
  • Sub-Industry: N/A
  • Symbol: OTCMKTS:TIER
  • CUSIP: N/A
  • Web: tierreit.com/
Capitalization:
  • Market Cap: $867.11 million
  • Outstanding Shares: 47,801,000
Average Prices:
  • 50 Day Moving Avg: $17.85
  • 200 Day Moving Avg: $17.61
  • 52 Week Range: $14.06 - $18.95
P/E:
  • Trailing P/E Ratio: 10.77
  • Foreward P/E Ratio: -39.43
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $230.7 million
  • Price / Sales: 3.76
  • Book Value: $14.96 per share
  • Price / Book: 1.21
Dividend:
  • Dividend Yield: 4.0%
Profitability:
  • EBIDTA: $101.24 million
  • Net Margins: 174.73%
  • Return on Equity: 59.24%
  • Return on Assets: 25.37%
Misc:
  • Average Volume: 190,710 shs.
  • Short Ratio: 2.84
 
Frequently Asked Questions for TIER REIT (OTCMKTS:TIER)

What is TIER REIT's stock symbol?

TIER REIT trades on the OTCMKTS 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 Thursday, May 4th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.18 per share on Friday, June 30th. This represents a $0.72 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Tuesday, June 13th. View TIER REIT's Dividend History.

How were TIER REIT's earnings last quarter?

TIER REIT Inc (OTCMKTS:TIER) released its quarterly earnings data on Monday, August, 8th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $64.30 million for the quarter, compared to the consensus estimate of $70 million. TIER REIT had a return on equity of 59.24% and a net margin of 174.73%. View TIER REIT's Earnings History.

When will TIER REIT make its next earnings announcement?

TIER REIT is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for TIER REIT.

Where is TIER REIT's stock going? Where will TIER REIT's stock price be in 2017?

2 equities research analysts have issued 1-year price targets for TIER REIT's shares. Their forecasts range from $20.00 to $21.00. On average, they expect TIER REIT's stock price to reach $20.50 in the next year. View Analyst Ratings for TIER REIT.

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:

  • Richard I. Gilchrist, Independent Chairman of the Board
  • Scott W. Fordham, President, Chief Executive Officer, Director
  • Dallas E. Lucas CPA., Chief Financial Officer, Treasurer
  • James E. Sharp, Executive Vice President, Chief Accounting Officer
  • William J. Reister, Executive Vice President, Chief Investment Officer
  • Telisa Webb Schelin, Executive Vice President, Secretary, Chief Legal Officer
  • Kent R. Griffin, Independent Director
  • Thomas M. Herzog, Independent Director
  • Dennis John Martin, Independent Director
  • Gregory J. Whyte, Independent Director

Who owns TIER REIT stock?

TIER REIT's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Koshinski Asset Management Inc. (0.39%), Legato Capital Management LLC (0.20%), Strs Ohio (0.16%), Malaga Cove Capital LLC (0.12%), Prospera Financial Services Inc (0.07%) and Pensionfund Sabic (0.04%). Company insiders that own TIER REIT stock include Dallas E Lucas, George Ronald Witten, R Kent Griffin Jr, Robert S Aisner, Scott W Fordham, Thomas M Herzog and William J Reister. View Institutional Ownership Trends for TIER REIT.

Who sold TIER REIT stock? Who is selling TIER REIT stock?

TIER REIT's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Prospera Financial Services Inc and Malaga Cove Capital LLC. View Insider Buying and Selling for TIER REIT.

Who bought TIER REIT stock? Who is buying TIER REIT stock?

TIER REIT's stock was bought by a variety of institutional investors in the last quarter, including Legato Capital Management LLC, Koshinski Asset Management Inc., Russell Investments Group Ltd. and Creative Planning. Company insiders that have bought TIER REIT stock in the last two years include Dallas E Lucas, George Ronald Witten, R Kent Griffin Jr, Robert S Aisner, Scott W Fordham, Thomas M Herzog and William J Reister. View Insider Buying and Selling for TIER REIT.

How do I buy TIER REIT stock?

Shares of TIER REIT can be purchased through any online brokerage account. Popular online brokerages 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 REIT stock can currently be purchased for approximately $18.14.


MarketBeat Community Rating for TIER REIT (OTCMKTS TIER)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  35 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  74
MarketBeat's community ratings are surveys of what our community members think about TIER REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TIER REIT (OTCMKTS:TIER) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $20.50

Analysts' Ratings History for TIER REIT (OTCMKTS:TIER)
Show:
DateFirmActionRatingPrice TargetDetails
5/11/2017BMO Capital MarketsSet Price TargetBuy$20.00View Rating Details
1/27/2017JMP SecuritiesInitiated CoverageOutperform$21.00View Rating Details
6/2/2016J P Morgan Chase & CoInitiated CoverageNeutral$16.00View Rating Details
4/19/2016Janney Montgomery ScottInitiated CoverageBuy$16.50View Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for TIER REIT (OTCMKTS:TIER)
Earnings by Quarter for TIER REIT (OTCMKTS:TIER)
Earnings History by Quarter for TIER REIT (OTCMKTS TIER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2017($0.16)N/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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TIER REIT (OTCMKTS:TIER)
Current Year EPS Consensus Estimate: $1.76 EPS
Next Year EPS Consensus Estimate: $-0.46 EPS

Dividends

Dividend History by Quarter for TIER REIT (OTCMKTS TIER)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Insider Trading and Institutional Ownership History for TIER REIT (OTCMKTS:TIER)
Insider Trades by Quarter for TIER REIT (OTCMKTS:TIER)
Institutional Ownership by Quarter for TIER REIT (OTCMKTS:TIER)
Insider Trades by Quarter for TIER REIT (OTCMKTS:TIER)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2017R Kent Griffin JrDirectorBuy27,500$18.25$501,875.00View SEC Filing  
11/15/2016George Ronald WittenDirectorBuy7,000$15.63$109,410.00View SEC Filing  
12/16/2015Robert S AisnerDirectorBuy2,000$16.18$32,360.00View SEC Filing  
9/9/2015Dallas E LucasCFOBuy7,500$14.62$109,650.00View SEC Filing  
9/4/2015William J. ReisterEVPBuy6,700$13.84$92,728.00View SEC Filing  
9/3/2015Scott W FordhamCEOBuy19,000$14.01$266,190.00View SEC Filing  
9/3/2015Thomas M HerzogDirectorBuy42,300$13.86$586,278.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TIER REIT (OTCMKTS:TIER)
Latest Headlines for TIER REIT (OTCMKTS:TIER)
Source:
DateHeadline
finance.yahoo.com logoTIER REIT Announces Lease Renewal at Uptown Charlotte Office Tower
finance.yahoo.com - July 25 at 7:34 AM
finance.yahoo.com logoTIER REIT Schedules Second Quarter 2017 Earnings Release and Conference Call Dates
finance.yahoo.com - July 19 at 8:16 AM
americanbankingnews.com logoComparing TIER REIT (TIER) & SL Green Realty Corporation (SLG)
www.americanbankingnews.com - July 7 at 8:06 AM
bizjournals.com logoEXCLUSIVE: In $72M deal, real estate giant offloads entire Louisville portfolio
www.bizjournals.com - June 30 at 7:16 AM
bizjournals.com logoNashville partnership pays $72M for Louisville office portfolio
www.bizjournals.com - June 29 at 7:21 AM
finance.yahoo.com logoTIER REIT Announces Strategic Acquisition of Legacy District Tower & Sale of Remaining Louisville Portfolio
finance.yahoo.com - June 27 at 9:04 AM
finance.yahoo.com logoTIER REIT Announces Commencement of Domain 11 Development
finance.yahoo.com - June 24 at 7:16 AM
americanbankingnews.com logoTIER REIT Inc (TIER) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 16 at 8:31 AM
americanbankingnews.com logoTIER REIT Inc (TIER) Upgraded to "C" at TheStreet
www.americanbankingnews.com - June 7 at 2:52 PM
americanbankingnews.com logoTIER REIT (TIER) vs. Columbia Property Trust (CXP) Financial Analysis
www.americanbankingnews.com - June 4 at 2:04 PM
americanbankingnews.com logoTIER REIT Inc (TIER) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 1 at 8:34 AM
americanbankingnews.com logoTIER REIT Inc (TIER) Given a $20.00 Price Target by BMO Capital Markets Analysts
www.americanbankingnews.com - May 13 at 5:50 PM
finance.yahoo.com logoEdited Transcript of TIER earnings conference call or presentation 11-May-17 3:00pm GMT
finance.yahoo.com - May 12 at 2:21 AM
cnbc.com logoTier Reit reports 1Q results
www.cnbc.com - May 11 at 2:11 AM
finance.yahoo.com logoTIER REIT Announces First Quarter Financial Results
finance.yahoo.com - May 11 at 2:11 AM
americanbankingnews.com logoTIER REIT Inc (TIER) to Issue Quarterly Dividend of $0.18
www.americanbankingnews.com - May 4 at 9:28 PM
americanbankingnews.com logoTIER REIT (TIER) Getting Positive News Coverage, Analysis Shows
www.americanbankingnews.com - May 4 at 12:12 PM
finance.yahoo.com logoTIER REIT Declares Second Quarter 2017 Distribution
finance.yahoo.com - May 3 at 6:26 PM
bizjournals.com logoHFF notches $259M deal in Washington, D.C.
www.bizjournals.com - May 1 at 11:02 AM
americanbankingnews.com logoTIER REIT (TIER) Earns Daily Media Impact Score of 0.31
www.americanbankingnews.com - April 30 at 10:46 AM
finance.yahoo.com logoTIER REIT Announces Exit from Washington, D.C. Market
finance.yahoo.com - April 27 at 9:27 PM
americanbankingnews.com logoTIER REIT (TIER) Receives Daily Media Sentiment Score of -0.11
www.americanbankingnews.com - April 27 at 5:40 PM
finance.yahoo.com logoTIER REIT Schedules First Quarter 2017 Earnings Release and Conference Call Dates
finance.yahoo.com - April 24 at 6:36 PM
americanbankingnews.com logoTIER REIT (TIER) Getting Very Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 24 at 12:58 PM
americanbankingnews.com logoTIER REIT (TIER) Given Daily Media Sentiment Score of -0.22
www.americanbankingnews.com - April 21 at 12:49 PM
americanbankingnews.com logoTIER REIT (TIER) Earns Coverage Optimism Score of 0.24
www.americanbankingnews.com - April 14 at 4:53 PM
americanbankingnews.com logoTIER REIT Inc (TIER) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 5 at 3:34 PM
americanbankingnews.com logoTIER REIT Inc (TIER) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 30 at 1:43 PM
bizjournals.com logoMemphis-based public company names new CFO
www.bizjournals.com - March 30 at 5:12 AM
americanbankingnews.com logoTIER REIT Inc (TIER) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 22 at 9:53 AM
reuters.com logoBRIEF-TIER REIT announces sale of Eisenhower I
www.reuters.com - March 14 at 9:03 AM
finance.yahoo.com logoTIER REIT Announces Sale of Eisenhower I
finance.yahoo.com - March 13 at 7:49 PM
reuters.com logoBRIEF-Tier REIT to sell office building
www.reuters.com - March 2 at 9:26 AM
finance.yahoo.com logoTIER REIT Announces Sale of Three Parkway
finance.yahoo.com - March 2 at 9:26 AM
biz.yahoo.com logoTIER REIT INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 28 at 7:51 PM
reuters.com logoBRIEF-TIER REIT APPOINTS GREG WHYTE TO BOARD OF DIRECTORS
www.reuters.com - February 28 at 11:31 AM
us.rd.yahoo.com logoTIER REIT Appoints Greg Whyte to Board of Directors
us.rd.yahoo.com - February 27 at 5:02 PM
finance.yahoo.com logoEdited Transcript of TIER earnings conference call or presentation 14-Feb-17 4:30pm GMT
finance.yahoo.com - February 15 at 6:28 AM
biz.yahoo.com logoTIER REIT INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 13 at 8:45 PM
finance.yahoo.com logoTier Reit reports 4Q results
finance.yahoo.com - February 13 at 8:45 PM
biz.yahoo.com logoQ4 2016 TIER REIT Inc Earnings Release - After Market Close
biz.yahoo.com - February 13 at 3:44 PM
streetinsider.com logoForm SC 13G TIER REIT INC Filed by: BlackRock Inc.
www.streetinsider.com - January 31 at 3:54 AM
us.rd.yahoo.com logoCoverage initiated on TIER REIT by JMP Securities
us.rd.yahoo.com - January 28 at 9:31 PM
streetinsider.com logoForm 3 TIER REIT INC For: Jan 23 Filed by: Griffin R Kent Jr
www.streetinsider.com - January 27 at 6:14 AM
finance.yahoo.com logoTIER REIT Declares First Quarter 2017 Distribution
finance.yahoo.com - January 25 at 6:50 AM
finance.yahoo.com logoKent Griffin Joins TIER REIT’s Board of Directors
finance.yahoo.com - January 23 at 11:49 PM
biz.yahoo.com logoTIER REIT INC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Stat
biz.yahoo.com - January 23 at 11:49 PM
finance.yahoo.com logoTIER REIT Completes Property Transactions
finance.yahoo.com - January 19 at 4:41 AM
bloomberg.com logoCompany Overview of TIER REIT, Inc
www.bloomberg.com - January 18 at 12:30 AM
bizjournals.com logoCommercial real estate transactions add up to $781M in Center City
www.bizjournals.com - December 2 at 11:10 AM

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Chart

TIER REIT (TIER) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff