Gramercy Property Trust (GPT) Analysts See $0.51 EPS as of May, 1

Its shares touched $21.91 on during the last trading session after 0.09% change.Currently Gramercy Property Trust is downtrending after 16.09% change in last April 15, 2017. The institutional investor owned 751,074 shares of the real estate investment trust's stock after purchasing an additional 309,665 shares during the period.

Gramercy Property Trust (GPT) shows a double bottom chart setup today and has $21.25 PT or 3.00 % below today's $21.91 share price. If reported the P/E will be 10.74 with $84.24M profit. SunTrust Banks reissued a "hold" rating and issued a $23.00 target price on shares of Gramercy Property Trust in a report on Tuesday, April 3rd. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.75.

Fmr LLC raised its stake in shares of Gramercy Property Trust (NYSE:GPT) by 9.2% during the fourth quarter, Holdings Channel reports. On Wednesday, November 1 the firm has "Buy" rating by Ladenburg given. Royal Bank of Canada set a $26.00 target price on Gramercy Property Trust and gave the stock a "hold" rating in a report on Wednesday, March 7th.

Cambridge Investment Research Advisors Inc. increased its stake in shares of Gramercy Property Trust Inc. 50% are bullish. 7 are the (NYSE:GPT)'s analyst reports since November 1, 2017 according to StockzIntelligence Inc. The stock of Gramercy Property Trust (NYSE:GPT) has "Buy" rating given on Monday, June 19 by Compass Point. On Monday, January 22 the firm has "Hold" rating given by SunTrust. The firm had revenue of $149.00 million during the quarter, compared to analysts' expectations of $139.00 million. The real estate investment trust reported $0.52 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.52. The firm's quarterly revenue was up 18.1% compared to the same quarter past year.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th.

Total analysts of 4 have positions in Gramercy Property (NYSE:GPT) as follows: 2 rated it a "Buy", 0 with "Sell" and 2 with "Hold". The ex-dividend date of this dividend is Wednesday, March 28th. Stifel Nicolaus maintained the stock with "Buy" rating in Sunday, August 20 report. This represents a $1.50 dividend on an annualized basis and a yield of 6.85%. Gramercy Property Trust's dividend payout ratio is 73.17%.

ILLEGAL ACTIVITY NOTICE: This report was reported by registrarjournal.com and is the property of of registrarjournal.com. The company has market cap of $3.62 billion.

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