Brookfield Property Partners L.P. (BPY) Receives Media Sentiment Rating of 0.15
News headlines about Brookfield Property Partners L.P. (NYSE:BPY) (TSE:BPY.UN) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Brookfield Property Partners L.P. earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.94441071214 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Top High-Yield Mid-Cap Equities To Consider For Your Portfolio (VO) (etfdailynews.com)
- Brookfield Property Partners LP : BPY-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : September 22, 2017 (finance.yahoo.com)
- Amazon com : Inks Office Space Deal on Manhattan’s Far West Side (4-traders.com)
- Amazon to open new Manhattan office & hire 2,000 employees (amny.com)
Shares of Brookfield Property Partners L.P. (NYSE:BPY) opened at 23.23 on Tuesday. Brookfield Property Partners L.P. has a 52 week low of $20.31 and a 52 week high of $24.21. The company’s 50-day moving average is $23.53 and its 200 day moving average is $22.91. The stock has a market capitalization of $5.95 billion, a P/E ratio of 14.27 and a beta of 0.90.
Brookfield Property Partners L.P. (NYSE:BPY) (TSE:BPY.UN) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.31 earnings per share for the quarter. The firm had revenue of $1.02 billion for the quarter. Brookfield Property Partners L.P. had a net margin of 17.30% and a return on equity of 2.52%. On average, equities analysts forecast that Brookfield Property Partners L.P. will post $1.14 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.295 per share. The ex-dividend date is Tuesday, August 29th. This represents a $1.18 dividend on an annualized basis and a yield of 5.05%. Brookfield Property Partners L.P.’s dividend payout ratio (DPR) is 74.68%.
Brookfield Property Partners L.P. declared that its Board of Directors has authorized a share repurchase plan on Wednesday, August 16th that allows the company to buyback 20,470,000 outstanding shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
BPY has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed a “buy” rating and set a $26.00 target price on shares of Brookfield Property Partners L.P. in a research note on Friday, July 7th. BidaskClub downgraded shares of Brookfield Property Partners L.P. from a “buy” rating to a “hold” rating in a research note on Friday, July 28th.
About Brookfield Property Partners L.P.
Brookfield Property Partners L.P. is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc’s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis.
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