Select Income REIT (SIR) to Release Earnings on Friday
Select Income REIT (NYSE:SIR) will be posting its Q114 quarterly earnings results on Friday, April 25th. Analysts expect Select Income REIT to post earnings of $0.51 per share and revenue of $53.10 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Select Income REIT (NYSE:SIR) last announced its earnings results on Thursday, February 20th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.01. The company had revenue of $49.93 million for the quarter, compared to the consensus estimate of $50.20 million. On average, analysts expect Select Income REIT to post $1.99 EPS for the current fiscal year and $1.95 EPS for the next fiscal year.
Shares of Select Income REIT (NYSE:SIR) opened at 30.68 on Thursday. Select Income REIT has a 52 week low of $23.79 and a 52 week high of $31.04. The stock has a 50-day moving average of $29.98 and a 200-day moving average of $28.02.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, May 20th. Investors of record on Monday, April 14th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Thursday, April 10th. This is an increase from Select Income REIT’s previous quarterly dividend of $0.46.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Select Income REIT from a “hold” rating to a “buy” rating in a research note on Tuesday, March 18th.
Select Income REIT is a real estate company that primarily owns and invests in single tenants, net leased properties.
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