First Potomac Realty Trust (FPO) Given Daily News Impact Rating of 0.08
News stories about First Potomac Realty Trust (NYSE:FPO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Potomac Realty Trust earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.6547078188729 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- First Potomac Realty Trust (NYSE:FPO) Position Maintained by Connable Office Inc (iphonefresh.com)
- First Potomac Realty Trust Announces Special Meeting of Shareholders to Vote … (prnewswire.com)
- First Potomac Realty Trust Announces Special Meeting of Shareholders to Vote on Merger with Government Properties Income Trust (finance.yahoo.com)
- First Potomac Realty Trust (FPO) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- First Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : August 9, 2017 (finance.yahoo.com)
First Potomac Realty Trust (FPO) traded down 0.09% during trading on Friday, reaching $11.11. 727,919 shares of the company’s stock were exchanged. First Potomac Realty Trust has a 52 week low of $8.01 and a 52 week high of $11.46. The stock has a 50-day moving average price of $11.15 and a 200 day moving average price of $10.67. The firm has a market capitalization of $652.60 million, a price-to-earnings ratio of 15.94 and a beta of 0.83.
First Potomac Realty Trust (NYSE:FPO) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $35.40 million for the quarter, compared to analyst estimates of $34.94 million. First Potomac Realty Trust had a net margin of 26.86% and a return on equity of 8.96%. The business’s revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Equities research analysts forecast that First Potomac Realty Trust will post ($0.08) earnings per share for the current fiscal year.
A number of equities analysts have weighed in on FPO shares. Stifel Nicolaus cut shares of First Potomac Realty Trust from a “hold” rating to a “sell” rating and set a $9.50 price objective for the company. in a research report on Tuesday, May 2nd. TheStreet upgraded shares of First Potomac Realty Trust from a “d+” rating to a “c+” rating in a research report on Thursday, April 27th. ValuEngine cut shares of First Potomac Realty Trust from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of First Potomac Realty Trust from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Monday, July 3rd. Finally, Evercore ISI cut shares of First Potomac Realty Trust from an “in-line” rating to an “underperform” rating and set a $11.00 price objective for the company. in a research report on Monday, June 12th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. First Potomac Realty Trust presently has an average rating of “Hold” and a consensus price target of $11.03.
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First Potomac Realty Trust Company Profile
First Potomac Realty Trust (First Potomac) is engaged in ownership, management, redevelopment and development of office and business park properties in the greater Washington, DC region. The Company’s segments include Washington, DC, Maryland, Northern Virginia and Southern Virginia. The Company conducts its business through First Potomac Realty Investment Limited Partnership, its operating partnership.
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