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Last $22.08 USD
Change Today +0.03 / 0.14%
Volume 304.8K
GOV On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 2:19 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

government properties income (GOV) Snapshot

Open
$22.04
Previous Close
$22.05
Day High
$22.27
Day Low
$22.01
52 Week High
06/6/14 - $26.30
52 Week Low
10/2/14 - $21.71
Market Cap
1.6B
Average Volume 10 Days
610.3K
EPS TTM
$0.92
Shares Outstanding
70.4M
EX-Date
04/22/15
P/E TM
24.0x
Dividend
$1.72
Dividend Yield
7.79%
Current Stock Chart for GOVERNMENT PROPERTIES INCOME (GOV)

government properties income (GOV) Related Businessweek News

No Related Businessweek News Found

government properties income (GOV) Details

Government Properties Income Trust is an equity real estate investment trust launched and managed by Reit Management & Research LLC. The trust invests in the real estate markets of United States. It engages in investment, operation and maintenance of real estate assets. The trust's properties are primarily leased to United States federal and state government agencies. Its portfolio primarily consists of office buildings. Government Properties Income Trust is based in Newton, Massachusetts.

government properties income (GOV) Top Compensated Officers

President and Chief Operating Officer
Total Annual Compensation: --
Chief Financial Officer and Treasurer
Total Annual Compensation: --
Managing Trustee
Total Annual Compensation: --
Managing Trustee
Total Annual Compensation: --
Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

government properties income (GOV) Key Developments

Government Properties Income Trust Announces Quarterly Common Dividend, Payable on or About May 25, 2015

Government Properties Income Trust announced its regular quarterly common share distribution of $0.43 per common share ($1.72 per share per year). This distribution will be paid to GOV’s common shareholders of record as of the close of business on April 24, 2015 and distributed on or about May 25, 2015.

Government Properties Income Trust Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Asset Impairment Charges for the Fourth Quarter Ended December 31, 2014

Government Properties Income Trust announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported normalized funds from operations, or normalized FFO of $40.707 million, or $0.58 per basic and diluted share, compared to normalized FFO of $28.201 million, or $0.52 per basic and diluted share for the same period a year ago. Net income was $14.114 million, or $0.20 per basic and diluted share compared to $12.724 million, or $0.23 per basic and diluted share, for the quarter ended September 30, 2013. Rental income was $64,625,000, operating income was $18,483,000, income from continuing operations before income tax benefit (expense) and equity in earnings of investees was $8,200,000 and net income from continuing operations was $14,231,000 or $0.20 per basic and diluted share against rental income of $58,271,000, operating income of $16,886,000, income from continuing operations before income tax benefit (expense) and equity in earnings of investees of $12,460,000 and net income from continuing operations of $12,492,000 or $0.23 per basic and diluted share a year ago. FFO was $39,296,000 or $0.56 per share against $27,463,000 or $0.50 per share a year ago. Adjusted EBITDA was $51.9 million. Normalized FFO was increased 44% compared to 2013 fourth quarter, primarily as a result of its property acquisitions and investment in SIR. For the full year, the company reported normalized FFO of $140.751 million, or $2.29 per diluted share, compared to normalized FFO of $115.757 million, or $2.12 per diluted share. Net income was $56.534 million, or $0.92 per basic and diluted share compared to $54.620 million or $1.00 per basic and diluted share a year ago. Rental income was $251,031,000, operating income was $71,529,000, income from continuing operations before income tax benefit (expense) and equity in earnings of investees was $42,243,000 and net income from continuing operations was $53,036,000 or $0.86 per diluted share against rental income of $226,910,000, operating income of $72,102,000, income from continuing operations before income tax benefit (expense) and equity in earnings of investees of $55,308,000 and net income from continuing operations of $55,509,000 or $1.02 per diluted share a year ago. FFO was $135,826,000 or $2.21 per diluted share against $113,318,000 or $2.07 per share a year ago. For the quarter, the company reported loss on asset impairment of $400,000.

Government Properties Seeks Acquisitions

Government Properties Income Trust (NYSE:GOV) is looking for acquisition opportunities. David Blackman, President of Government Properties Income Trust said, "our pipeline today is about $250 million of potential acquisition opportunities."

 

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GOV

Industry Average

Valuation GOV Industry Range
Price/Earnings 25.5x
Price/Sales 6.2x
Price/Book 1.2x
Price/Cash Flow 12.6x
TEV/Sales 1.8x
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