First Potomac Realty Trust Comm (NYSE:FPO):
First Potomac Realty Trust Sets Dates For Third Quarter Earnings Release And Conference Call.
The company is now down by -2.08% since yesterday’s close of $9.395.
Additionally First Potomac Realty Trust Comm announced a dividend that was paid on Monday August 15th, 2016. The dividend was $0.100 per share for the quarter or $0.40 on an annualized basis. The dividend yield was $4.29. The ex-dividend date was set for Thursday the 4th of August 2016.
It is trading at $9.20 a tad below the 50 day moving average which is $9.66 and which is slightly below the 200 day moving average of $9.25. The 50 day moving average went down $-0.46 or -4.80% and the 200 day average went down by -0.58%.
As of the latest earnings report the EPS was $-0.88 and is projected to be $1.00 for the current year with 58,129,000 shares currently outstanding. Next quarter’s EPS is expected be $0.25 and the next full year EPS is projected to be $0.84.
Several Wall Street analysts have issued ratings on First Potomac Realty Trust Comm recently. On September 16 the company was changed to a “Buy” in a report from SunTrust Robinson Humphrey which is up from the previous “” rating. On September 8 Evercore Partners kept the company rating at “Hold” but lowered the price expectation to $11.00 from $11.50.
On August 3 the company was upgraded to “Outperform” from “Market Perform” with a current price target of $15.00 in a report issued by BMO Capital. BMO Capital upgraded the stock and raised the price target on August 3 changing the price target from $12.50 to $15.00 and changing the rating from “Market Perform” to “Outperform”.
On May 28 the stock rating was downgraded from “Outperform” to “Market Perform” by analysts at BMO Capital. Equity analyst DA Davidson starting coverage on FPO with an initial rating of “Neutral” and establishing a price target of $13.00.