TIER REIT, Inc. (NASDAQ:TIER) Expected To Report Earnings On Monday
Analysts await TIER REIT, Inc. (NASDAQ:TIER) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.4 EPS, up 100% or $0.4 from last year’s $n/a per share.
At the moment 1 analyst is watching TIER REIT, Inc. (NASDAQ:TIER), 1 rate it “Buy”, 0 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 1 analyst has a mean sales target of 60.41 million. For the quarter ending Sep-16, 1 analyst has a mean sales target of 56.95 million whilst for the year ending Dec-16, 1 analyst has a mean target of 235.40 million.
In terms of earnings per share, 1 analyst has a -0.06 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 1 analyst has a -0.02 EPS mean target and for the quarter ending Sep-16 there are 1 estimate of -0.17 EPS.
The biggest institutional shareholders in TIER REIT, Inc. include Vanguard Group Inc which owns 4 million shares in the company valued at $53.87 million. Prudential Investment Management Inc is the second biggest holder with 1 million shares currently valued at 21.68 million whilst BlackRock Fund Advisors has 952 K million shares valued at 14.05 million.
Total shares held by institutions as of the most recent company filings are 12,315,727 with a reported 4,251,056 bought and 343,925 sold. These holdings make up 25.81% of the company’s outstanding shares.
Currently insiders hold 515,107 shares in the business which makes up 1.08% of shares. The biggest holder currently is Scott W. Fordham who owns 209,918 shares (0.44% of those outstanding), whilst Mr. William J. Reister holds 87,028 (0.18% of shares outstanding) and Dallas E. Lucas holds 83,517 (0.17% of shares outstanding).
The stock increased 0.44% or $0.07 during the last trading session, hitting $16.03. TIER REIT, Inc. (NASDAQ:TIER) has risen 10.61% over the past 6 months and is uptrending.

