Analyst Ratings for Gramercy Property Trust (GPT)

Updated: 2017-07-26

Gramercy Property Trust (NYSE:GPT) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, GPT was issued an average rating of Overweight.

10 analysts issued ratings on the stock, where 5 gave GPT a buy rating, 0 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for GPT. The highest price target was 35, which equates to a potential upside of 16.51 percent. The lowest price target was 24, implying potential capital losses of -20.11 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.14 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -17.86 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.46 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of GPT's earnings is estimated by analysts to be 1974.89 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GPT is 0.15.

GPT has traded between a high of 31.19 and a low of 24.09 over the past year. The current market price is above the trailing year's low by 24.7 percent, and 3.69 percent lower than its 52-week high. GPT has a price/earnings ratio of 294.22. Investors typically compare the P/E ratio to a company's peers in the industry. The GPT value stock report compares GPT to some of its peers using value stock charts. The market cap of GPT is $4.56 billion. GPT will post this quarters earnings in days, on 0000-00-00.