Analysts expect Government Properties Income Trust (NASDAQ:GOV) to announce earnings of $0.50 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Government Properties Income Trust’s earnings, with the highest EPS estimate coming in at $0.52 and the lowest estimate coming in at $0.46. Government Properties Income Trust reported earnings per share of $0.42 in the same quarter last year, which suggests a positive year over year growth rate of 19%. The company is expected to report its next earnings results on Tuesday, October 30th.

On average, analysts expect that Government Properties Income Trust will report full-year earnings of $2.01 per share for the current year, with EPS estimates ranging from $1.99 to $2.05. For the next year, analysts forecast that the firm will post earnings of $1.94 per share, with EPS estimates ranging from $1.81 to $2.08. Zacks’ EPS averages are a mean average based on a survey of analysts that follow Government Properties Income Trust.

Government Properties Income Trust (NASDAQ:GOV) last announced its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.01. The business had revenue of $108.10 million for the quarter, compared to analysts’ expectations of $105.95 million. Government Properties Income Trust had a net margin of 7.42% and a return on equity of 2.16%. The business’s revenue was up 54.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 earnings per share.

A number of equities research analysts have weighed in on GOV shares. BidaskClub cut shares of Government Properties Income Trust from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 17th. ValuEngine cut shares of Government Properties Income Trust from a “sell” rating to a “strong sell” rating in a report on Saturday, July 28th. Finally, Zacks Investment Research downgraded shares of Government Properties Income Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, May 23rd. Five research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $16.00.

Shares of GOV opened at $16.97 on Thursday. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.60 and a current ratio of 1.60. Government Properties Income Trust has a fifty-two week low of $11.87 and a fifty-two week high of $19.60.

The company also recently announced a quarterly dividend, which will be paid on Monday, August 20th. Stockholders of record on Monday, July 30th will be paid a $0.43 dividend. The ex-dividend date is Friday, July 27th. This represents a $1.72 annualized dividend and a dividend yield of 10.14%. Government Properties Income Trust’s dividend payout ratio is presently 85.15%.

Several hedge funds and other institutional investors have recently modified their holdings of GOV. Centaurus Financial Inc. bought a new position in shares of Government Properties Income Trust in the first quarter worth approximately $112,000. Hsbc Holdings PLC bought a new position in shares of Government Properties Income Trust in the first quarter worth approximately $148,000. Allianz Asset Management GmbH bought a new position in shares of Government Properties Income Trust in the first quarter worth approximately $149,000. Independent Advisor Alliance bought a new position in shares of Government Properties Income Trust in the second quarter worth approximately $160,000. Finally, First Allied Advisory Services Inc. bought a new position in shares of Government Properties Income Trust in the first quarter worth approximately $176,000. Hedge funds and other institutional investors own 58.01% of the company’s stock.

Government Properties Income Trust Company Profile

GOV is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to government tenants and office properties in the metropolitan Washington, DC market area that are leased to government and private sector tenants. GOV is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

Recommended Story: NASDAQ Stock Market Explained

Get a free copy of the Zacks research report on Government Properties Income Trust (GOV)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Government Properties Income Trust (NASDAQ:GOV)

Receive News & Ratings for Government Properties Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Government Properties Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.