Select Income REIT (SIR) Crumbles: Stock Falls by 5.5% - Tale of the Tape

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Select Income REIT Common Share ( SIR ) saw a big move last session, as the company's shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for SIR, as the stock is now down over 7% in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the real estate company has seen 1 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

SIR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 1.49%.

Some better-ranked stocks in the same sector include American Campus Communities, Inc. ( ACC ), Apartment Investment and Management Company ( AIV ) and Avalonbay Communities Inc. ( AVB ). All these stocks carry a Zacks Rank #2 (Buy).

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SELECT INCOME (SIR): Free Stock Analysis Report

AMER CAMPUS CTY (ACC): Free Stock Analysis Report

APARTMENT INVT (AIV): Free Stock Analysis Report

AVALONBAY CMMTY (AVB): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: SIR , ACC , AIV , AVB

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As of 12/26/2014, 04:15 PM


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