Press coverage about Government Properties Income Trust (NYSE:GOV) has trended positive recently, according to AlphaOne Sentiment Analysis. AlphaOne, a service of Accern, identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Government Properties Income Trust earned a coverage optimism score of 0.39 on AlphaOne’s scale. AlphaOne also gave media stories about the real estate investment trust an impact score of 29 out of 100, indicating that recent press coverage is unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Government Properties Income Trust (NYSE:GOV) traded up 1.05% on Friday, hitting $22.19. 482,089 shares of the company’s stock traded hands. Government Properties Income Trust has a 1-year low of $17.66 and a 1-year high of $24.61. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 33.02 and a beta of 1.04. The firm’s 50-day moving average price is $21.50 and its 200 day moving average price is $19.96.
Government Properties Income Trust (NYSE:GOV) last announced its quarterly earnings results on Thursday, April 27th. The real estate investment trust reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $69.30 million during the quarter, compared to the consensus estimate of $67.44 million. Government Properties Income Trust’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.62 earnings per share. On average, equities research analysts expect that Government Properties Income Trust will post $0.65 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 22nd. Stockholders of record on Friday, April 21st will be paid a $0.43 dividend. The ex-dividend date of this dividend is Wednesday, April 19th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.83%. Government Properties Income Trust’s dividend payout ratio (DPR) is presently -76.11%.
Several brokerages have commented on GOV. Zacks Investment Research upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Wednesday, April 26th. FBR & Co reiterated a “buy” rating and issued a $25.00 target price on shares of Government Properties Income Trust in a report on Wednesday, February 22nd.
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Government Properties Income Trust Company Profile
Government Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico.
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