Government Properties Income Trust (GOV) Given Daily Media Impact Score of 0.26
Press coverage about Government Properties Income Trust (NYSE:GOV) has been trending positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Government Properties Income Trust earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.4536941766385 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Government Properties Income Tr (NASDAQ:GOV) Experiences Lighter than Average Trading Volume – First News 24 (firstnewspaper24.com)
- Rich families make killing on $84m Brisbane sale (afr.com)
- Head-To-Head Contrast: Government Properties Income Trust (GOV) and Empire State Realty Trust (ESRT) (americanbankingnews.com)
- Teachers Insurance Annuity Association of America Claims $1.27 … – Insider Tradings (insidertradings.org)
- Government Properties Income Trust (GOV) noted a price change of … – Stocks Gallery (stocksgallery.com)
Shares of Government Properties Income Trust (GOV) traded up 1.68% during mid-day trading on Monday, reaching $18.75. The company’s stock had a trading volume of 577,597 shares. Government Properties Income Trust has a one year low of $18.53 and a one year high of $18.80.
Government Properties Income Trust (NYSE:GOV) last issued its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.01. The business had revenue of $69.89 million for the quarter, compared to the consensus estimate of $69.08 million. Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 earnings per share. On average, equities analysts expect that Government Properties Income Trust will post $0.51 EPS for the current year.
GOV has been the subject of a number of analyst reports. Jefferies Group LLC reaffirmed a “sell” rating and set a $15.00 price objective on shares of Government Properties Income Trust in a research report on Tuesday, June 20th. FBR & Co reaffirmed an “outperform” rating and set a $23.00 price objective (down previously from $25.00) on shares of Government Properties Income Trust in a research report on Wednesday, July 5th. Morgan Stanley reaffirmed an “underweight” rating and set a $18.50 price objective (up previously from $17.00) on shares of Government Properties Income Trust in a research report on Tuesday, June 13th. Finally, Zacks Investment Research lowered Government Properties Income Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $18.80.
About Government Properties Income Trust
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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