TIER REIT (TIER) Receiving Somewhat Favorable News Coverage, Study Shows

News stories about TIER REIT (NYSE:TIER) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TIER REIT earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.4506137170162 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of TIER REIT (NYSE:TIER) opened at $19.82 on Friday. The firm has a market cap of $958.30, a PE ratio of 12.84 and a beta of 0.94. TIER REIT has a 52 week low of $15.70 and a 52 week high of $20.17.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.18 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.72 dividend on an annualized basis and a yield of 3.63%. TIER REIT’s payout ratio is currently 39.56%.

TIER has been the topic of several research reports. BMO Capital Markets restated a “buy” rating and set a $20.00 price objective on shares of TIER REIT in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of TIER REIT from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, August 29th. Finally, BidaskClub raised shares of TIER REIT from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. TIER REIT presently has an average rating of “Hold” and a consensus target price of $20.67.

COPYRIGHT VIOLATION WARNING: This news story was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of international copyright & trademark laws. The correct version of this news story can be viewed at https://www.com-unik.info/2017/12/03/tier-reit-tier-receiving-somewhat-favorable-news-coverage-study-shows.html.

About TIER REIT

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.

What are top analysts saying about TIER REIT Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for TIER REIT Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit