Gramercy Property Trust(GPT) is having a Dividend Yield of 5.54% with the Annual cash Dividend per share of $1.37. The last quarter cash dividend per share pay out was $0.38. Gramercy Property Trust has a 5 year average dividend yield of 6.51% and the stock has a Indicated annual dividend of $1.5. Gramercy Property Trust(GPT) formally announced its most recent dividend on November 2, 2016 with a Dividend per share of $0.38. The new indicated annual dividend based on announced dividend per share is $1.5. The dividend yield based on the forward looking indicated annual dividend is 5.54%. Gramercy Property Trust(GPT) has the most recent dividend payout ratio of 0.61 with a 5-year average payout ratio of 0.77. The 5 year historical dividend growth of Gramercy Property Trust(GPT) is at the rate of -1.38% while the R-Squared dividend growth is 0. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Gramercy Property Trust (NYSE:GPT) rose 1.07% or 0.29 points on Thursday and made its way into the gainers of the day. After trading began at $27.02 the stock was seen hitting $27.575 as a peak level and $27.02 as the lowest level. The stock ended up at $27.35. The daily volume was measured at 550,176 shares. The 52-week high of the share price is $30.09003 and the 52-week low is $20.85002. The company has a market cap of $3,847 million. Shares of Gramercy Property Trust, Inc. rose by 2.17% in the last five trading days and 0.15% for the last 4 weeks. Gramercy Property Trust, Inc. is up 228.2% in the last 3-month period. Year-to-Date the stock performance stands at 197.93%.
Currently the company Insiders own 0.96% of Gramercy Property Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 16.56% . During last six month period, the net percent change held by insiders has seen a change of 16.11%. Company has reported several Insider transactions to the SEC, on Dec 27, 2016, Benjamin P Harris (President) sold 15,000 shares at 9.02 per share price.On Nov 22, 2016, Charles E Black (director) purchased 97,774 shares at 8.51 per share price.On Nov 14, 2016, Jon W. Clark (CFO) purchased 2,400 shares at 8.06 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gramercy Property Trust was Downgraded by JMP Securities to Mkt Perform on Jan 9, 2017.
Gramercy Property Trust Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.18. The company had revenue of $131.10 million for the quarter, compared to analysts expectations of $129.40 million. The companys revenue was up 101.1% compared to the same quarter last year.
Chambers Street Properties is a real estate investment trust. It acquires, owns and operates commercial real estate such as warehouse, logistics properties and office buildings. The Companys properties are situated primarily in the United States and Europe. Chambers Street Properties is headquartered in Princeton, New Jersey.