Government Properties Income Trust (NASDAQ:GOV) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, April 25th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.
Government Properties Income Trust (NASDAQ:GOV) last issued its quarterly earnings results on Monday, February 26th. The real estate investment trust reported $0.50 EPS for the quarter, missing the 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 company had revenue of $107.17 million for the quarter, compared to analyst estimates of $107.56 million. During the same period last year, the company posted $0.58 EPS. The business’s revenue for the quarter was up 62.3% on a year-over-year basis. On average, analysts expect Government Properties Income Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
GOV stock traded up $0.01 on Tuesday, hitting $12.40. 98,854 shares of the company were exchanged, compared to its average volume of 1,017,034. Government Properties Income Trust has a twelve month low of $11.87 and a twelve month high of $22.99. The firm has a market capitalization of $1,224.44, a price-to-earnings ratio of 6.13, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.47 and a current ratio of 1.47.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 21st. Stockholders of record on Monday, April 30th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 13.87%. The ex-dividend date is Friday, April 27th. Government Properties Income Trust’s payout ratio is currently 85.15%.
Several equities research analysts have recently issued reports on GOV shares. BidaskClub lowered shares of Government Properties Income Trust from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 17th. Zacks Investment Research lowered shares of Government Properties Income Trust from a “hold” rating to a “sell” rating in a report on Wednesday, March 21st. Jefferies Group reaffirmed a “sell” rating on shares of Government Properties Income Trust in a report on Wednesday, April 4th. TheStreet lowered shares of Government Properties Income Trust from a “c” rating to a “d+” rating in a report on Monday, February 26th. Finally, ValuEngine lowered shares of Government Properties Income Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Government Properties Income Trust has a consensus rating of “Hold” and an average price target of $17.17.
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About Government Properties Income Trust
GOV is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to the U.S. Government and other government tenants and office properties in the metropolitan Washington, DC market area that are leased to government and private sector tenants.
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