Analysts expect that Government Properties Income Trust (NASDAQ:GOV) will announce $0.55 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Government Properties Income Trust’s earnings, with the lowest EPS estimate coming in at $0.53 and the highest estimate coming in at $0.56. Government Properties Income Trust reported earnings per share of $0.56 in the same quarter last year, which suggests a negative year-over-year growth rate of 1.8%. The company is scheduled to report its next earnings report on Thursday, April 26th.
On average, analysts expect that Government Properties Income Trust will report full year earnings of $2.09 per share for the current financial year, with EPS estimates ranging from $2.04 to $2.15. For the next financial year, analysts anticipate that the company will post earnings of $2.02 per share, with EPS estimates ranging from $1.89 to $2.18. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Government Properties Income Trust.
Government Properties Income Trust (NASDAQ:GOV) last issued its quarterly earnings data on Monday, February 26th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.05). Government Properties Income Trust had a return on equity of 1.22% and a net margin of 3.82%. The firm had revenue of $107.17 million during the quarter, compared to the consensus estimate of $107.56 million. During the same period in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 62.3% on a year-over-year basis.
Shares of Government Properties Income Trust (NASDAQ GOV) opened at $13.77 on Wednesday. Government Properties Income Trust has a 52-week low of $13.36 and a 52-week high of $22.99. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market cap of $1,390.00, a PE ratio of 68.85, a price-to-earnings-growth ratio of 1.31 and a beta of 1.10.
The business also recently announced a quarterly dividend, which was paid on Monday, February 26th. Shareholders of record on Monday, January 29th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 12.49%. The ex-dividend date was Friday, January 26th. Government Properties Income Trust’s payout ratio is 860.00%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schroder Investment Management Group purchased a new position in Government Properties Income Trust in the third quarter valued at about $168,000. Daiwa Securities Group Inc. lifted its stake in shares of Government Properties Income Trust by 43.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 9,200 shares of the real estate investment trust’s stock valued at $173,000 after buying an additional 2,800 shares in the last quarter. Mutual Advisors LLC purchased a new stake in shares of Government Properties Income Trust during the 4th quarter valued at approximately $194,000. HighPoint Advisor Group LLC purchased a new stake in shares of Government Properties Income Trust during the 3rd quarter valued at approximately $200,000. Finally, Elkfork Partners LLC purchased a new stake in shares of Government Properties Income Trust during the 4th quarter valued at approximately $228,000. Hedge funds and other institutional investors own 59.41% of the company’s stock.
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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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