First Potomac Realty Trust Comm (NYSE:FPO).
On September 16, 2016 the stock rating was set at “Buy” in a report from SunTrust Robinson Humphrey which is up from the previous “” rating. On September 8 Evercore Partners held the stock rating at “Hold” but moved down the price target from $11.50 to $11.00.
On August 3 the stock rating was upgraded from “Market Perform” to “Outperform” and a price target of $15.00 was set by BMO Capital. BMO Capital upgraded the stock and raised the price target on August 3 changing the price objective from $12.50 to $15.00 and moving the rating from “Market Perform” to “Outperform”.
On May 28 the company was downgraded to “Market Perform” from “Outperform” in a report from BMO Capital.
The company is now up since yesterday’s close of $9.2. First Potomac Realty Trust Comm also declared a dividend which was paid on Monday August 15th, 2016. The dividend was $0.100 per share for the quarter or $0.40 on an annualized basis. This dividend amount represented a yeild of $4.26. The ex-dividend date was Thursday the 4th of August 2016.
Shares last traded at $9.38 just below the 50 day moving average which is $9.63 and just a bit higher than the 200 day moving average of $9.26. The 50 day moving average was down $-0.25 or -2.64% and the 200 day average went up $0.12 or +1.33%.
As of the last earnings report the EPS was $-0.88 and is estimated to be $1.00 for the current year with 58,129,000 shares outstanding. Next quarter’s EPS is estimated at $0.25 with next year’s EPS projected to be $0.84.