News headlines about TIER REIT (NYSE:TIER) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TIER REIT earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.4027865238728 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s scoring:
- Best office transaction: TIER REIT Inc. portfolio (bizjournals.com)
- Recent Portfolio Sale: Washington Prime Group (seekingalpha.com)
- TIER REIT, Inc. (TIER) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- TIER REIT (TIER) Downgraded by ValuEngine to Hold (americanbankingnews.com)
- Negative Prognosis For Healthcare REITs (seekingalpha.com)
Several equities research analysts have recently commented on the stock. Cantor Fitzgerald assumed coverage on shares of TIER REIT in a research report on Saturday, December 30th. They set an “overweight” rating and a $22.00 target price for the company. Zacks Investment Research downgraded shares of TIER REIT from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. TheStreet downgraded shares of TIER REIT from a “c” rating to a “d+” rating in a research report on Wednesday, March 28th. ValuEngine downgraded shares of TIER REIT from a “buy” rating to a “hold” rating in a research report on Monday, April 9th. Finally, BMO Capital Markets set a $21.00 price objective on shares of TIER REIT and gave the stock a “buy” rating in a research report on Monday, February 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $21.33.
TIER REIT (NYSE:TIER) last issued its quarterly earnings data on Monday, February 12th. The real estate investment trust reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.62). TIER REIT had a return on equity of 12.09% and a net margin of 38.94%. The firm had revenue of $54.63 million during the quarter, compared to the consensus estimate of $56.06 million. research analysts predict that TIER REIT will post 1.37 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend was Wednesday, March 14th. TIER REIT’s payout ratio is 45.86%.
TIER REIT Company Profile
TIER REIT, Inc is a publicly traded (NYSE: TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed commercial office properties in dynamic markets throughout the U.S. Our vision is to be the premier owner and operator of best-in-class office properties in TIER1 submarkets, which are primarily higher density and amenity-rich locations within select, high-growth metropolitan areas that offer a walkable experience to various amenities.
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