Media stories about Government Properties Income Trust (NYSE:GOV) have trended somewhat positive recently, Alpha One Sentiment Analysis reports. The research firm, a subsidiary of Accern, rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Government Properties Income Trust earned a news sentiment score of 0.14 on Alpha One’s scale. Alpha One also gave news headlines about the real estate investment trust an impact score of 69 out of 100, indicating that recent press coverage is likely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Alpha One’s scoring:
Government Properties Income Trust (NYSE:GOV) traded up 1.56% during midday trading on Friday, reaching $20.82. 347,904 shares of the company’s stock were exchanged. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 30.98 and a beta of 1.04. The firm has a 50-day moving average price of $21.27 and a 200 day moving average price of $19.90. Government Properties Income Trust has a 52 week low of $17.66 and a 52 week high of $24.61.
Government Properties Income Trust (NYSE:GOV) last released its quarterly earnings data on Thursday, April 27th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.02. The firm had revenue of $69.30 million for 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 quarter in the previous year, the company earned $0.62 EPS. Analysts anticipate that Government Properties Income Trust will post $0.44 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 22nd. Stockholders of record on Friday, April 21st will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Wednesday, April 19th. This represents a $1.72 annualized dividend and a dividend yield of 8.26%. Government Properties Income Trust’s dividend payout ratio is presently -76.11%.
A number of equities analysts have recently weighed in on GOV shares. FBR & Co reaffirmed a “buy” rating and issued a $25.00 price target on shares of Government Properties Income Trust in a research note on Wednesday, February 22nd. Zacks Investment Research upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Wednesday, April 26th.
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.