Select Income REIT (SIR) Given Daily News Sentiment Score of 0.43
Media stories about Select Income REIT (NASDAQ:SIR) have trended positive this week, according to AlphaOne. The research firm, a division of Accern, ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Select Income REIT earned a news sentiment score of 0.43 on AlphaOne’s scale. AlphaOne also gave press coverage about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Boulegeris Investments Lifted By $323750 Its Select Income Reit (SIR) Position; CBL & Associates Properties Has 0.87 … – High Point Observer (highpointobserver.com)
- Shares Seesawing on Volume: Select Income Reit (SIR) and Inuvo Inc (INUV) – Lenox Ledger (lenoxledger.com)
- Technical Investor Update for Select Income REIT (SIR) – Stock Daily Review (stockdailyreview.com)
- Stock Update: Focusing on Shares of Select Income REIT (NYSE:SIR) – Business Daily (oxfordbusinessdaily.com)
- The Select Income REIT (SIR) Plans $0.51 Quarterly Dividend … – BangaloreWeekly (bangaloreweekly.com)
Shares of Select Income REIT (NASDAQ:SIR) traded down 0.25% during midday trading on Friday, hitting $24.29. 28,145 shares of the company traded hands. The stock has a market capitalization of $2.17 billion, a PE ratio of 24.05 and a beta of 0.75. Select Income REIT has a 52 week low of $23.25 and a 52 week high of $27.97. The stock has a 50 day moving average of $24.98 and a 200-day moving average of $25.15.
Select Income REIT (NASDAQ:SIR) last announced its quarterly earnings data on Tuesday, April 25th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.14. The company had revenue of $116.29 million for the quarter, compared to the consensus estimate of $116.50 million. Select Income REIT had a net margin of 22.29% and a return on equity of 4.91%. The company’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.74 earnings per share. Equities analysts forecast that Select Income REIT will post $1.23 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Friday, April 21st were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, April 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.38%. Select Income REIT’s dividend payout ratio (DPR) is presently 177.39%.
Separately, Zacks Investment Research raised shares of Select Income REIT from a “sell” rating to a “hold” rating in a report on Thursday, March 9th.
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Select Income REIT Company Profile
Select Income REIT is a real estate investment trust. The Company is engaged in the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. As of December 31, 2016, the Company owned 121 properties (362 buildings, leasable land parcels and easements) with approximately 44.8 million rentable square feet.
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