Select Income REIT (SIR) Stock Price, News & Analysis

Company Overview

SIR is a real estate investment trust, or REIT, that owns directly or indirectly through its subsidiaries, including its majority owned subsidiary, ILPT, properties that are primarily net leased to single tenants. As of September 30, 2018, our consolidated portfolio included 368 buildings, leasable land parcels and easements with approximately 45.8 million rentable square feet located in 36 states. SIR owned 99 of these buildings and leasable land parcels with approximately 16.5 million rentable square feet, which are primarily office buildings, and ILPT owned 269 of these buildings, leasable land parcels and easements with approximately 29.2 million rentable square feet, including 226 buildings, leasable land parcels and easements with approximately 16.8 million rentable square feet which are primarily leasable industrial and commercial lands located in Hawaii. ILPT was our wholly owned subsidiary until January 17, 2018, when it completed an initial public offering, or the ILPT IPO, of its common shares and became a publicly traded REIT. We remain ILPT's largest shareholder and, as of the date hereof, we own 45.0 million, or approximately 69.2%, of ILPT's outstanding common shares. Pursuant to the Merger Agreement, we will, subject to the satisfaction of certain conditions, distribute all 45.0 million of the ILPT common shares that we own to our shareholders prior to the merger. We have been investment grade rated since 2014, and we are included in the Russell 2000® Index and the MSCI US REIT Index.

Key Stats

• Today's Range: $6.87 to $7.56
• 50-Day Range: $7.36 to $7.36
• 52-Week Range: $6.87 to $25.18
• Volume: 4.25 million shs
• Average Volume: 1.01 million shs
• Market Capitalization: $659.09 million
• P/E Ratio: 2.65
• Dividend Yield: 27.72%
• Price Target: N/A
• Consensus Rating: N/A

SIR Stock Analysis - Frequently Asked Questions

How were Select Income REIT's earnings last quarter?

Select Income REIT (NASDAQ:SIR) released its quarterly earnings results on Monday, October, 29th. The real estate investment trust reported $0.33 EPS for the quarter, beating the consensus estimate of $0.17 by $0.16. Select Income REIT's revenue for the quarter was up 3.3% on a year-over-year basis.

What other stocks do shareholders of Select Income REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Select Income REIT investors own include Northern Tier Energy (NTI), Fifth Third Bancorp (FITB), VASCO Data Security International (VDSI), Abraxas Petroleum (AXAS), Energy Transfer (ET), Government Properties Income Trust (GOV) and Tower Semiconductor (TSEM).

Company Calendar

• Last Earnings: 10/29/2018
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real Estate Investment Trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NASDAQ:SIR
• CUSIP: 81618T10
• CIK: 1537667
• Web: www.sirreit.com
• Phone: 617-796-8303
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.78
• Trailing P/E Ratio: 2.65
• Forward P/E Ratio: 3.61
• P/E Growth: 1.12
• Net Income: $66.90 million
• Net Margins: 16.05%
• Pretax Margin: N/A
• Return on Equity: 3.33%
• Return on Assets: 1.58%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 1.71
• Quick Ratio: 1.71

Sales & Book Value

• Annual Sales: $468.10 million
• Price / Sales: 1.41
• Cash Flow: $2.34 per share
• Price / Cash Flow: 3.15
• Book Value: $22.26 per share
• Price / Book: 0.33

Miscellaneous

• Outstanding Shares: 89,550,000
• Free Float: N/A
• Market Cap: $659.09 million
• Optionable: Optionable
• Beta: 0.88