The Company's business consists of gathering deposits from the general public within its market area and investing those deposits primarily in loans, debt obligations issued by the U.S. Government and its agencies, and mortgaged-backed securities.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Government Properties (GOV) gathers deposits from the general public within its market area and invests those deposits primarily in loans, debt obligations issued by the U.S. Government and its agencies, and mortgaged-backed securities. The Company was formed to invest in properties that are leased to government tenants. The Company is a subsidiary of HRPT Properties Trust (HRPT). The few analysts that follow it seem not to like it.
At the current price of about 26, the p/e is about 25, and the dividend is over 6¼%. Dvidends are paid on a quarterly basis. The 52 week price range is 21.31--28.53.
I wonder why the analysts don't like it?