Somewhat Favorable Media Coverage Somewhat Unlikely to Impact TIER REIT (TIER) Stock Price

News coverage about TIER REIT (NYSE:TIER) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TIER REIT earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.4498468383319 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of TIER REIT stock traded up $0.05 during trading hours on Thursday, reaching $18.90. The company’s stock had a trading volume of 7,888 shares, compared to its average volume of 188,196. The company has a market cap of $901.39, a PE ratio of 10.81 and a beta of 0.78. TIER REIT has a 12-month low of $15.96 and a 12-month high of $20.72.

TIER REIT (NYSE:TIER) last announced its quarterly earnings data on Monday, February 12th. The real estate investment trust reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.62). The firm had revenue of $54.63 million for the quarter, compared to the consensus estimate of $56.06 million. TIER REIT had a return on equity of 12.09% and a net margin of 38.94%. analysts forecast that TIER REIT will post 1.37 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.18 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.72 annualized dividend and a yield of 3.81%. TIER REIT’s dividend payout ratio is currently 41.38%.

A number of research analysts recently issued reports on TIER shares. Cantor Fitzgerald set a $22.00 price target on TIER REIT and gave the company a “buy” rating in a report on Friday, January 19th. Zacks Investment Research raised TIER REIT from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Finally, BMO Capital Markets set a $21.00 price objective on TIER REIT and gave the stock a “buy” rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. TIER REIT currently has a consensus rating of “Hold” and a consensus target price of $21.33.

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TIER REIT, Inc is a real estate investment trust. The Company’s business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The Company’s business is conducted through Tier Operating Partnership LP (Tier OP). As of December 31, 2016, the Company owned interests in 29 operating office properties, one non-operating property and one development property located in 13 markets throughout the United States.

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