MarketBeat | Real-Time Financial News and Analysis

Open Main Menu Open Sidebar

First Potomac Realty Trust Company Profile (NYSE:FPO)

Consensus Ratings for First Potomac Realty Trust (NYSE:FPO) (?)
Ratings Breakdown: 1 Sell Rating(s), 3 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.80 (29.53% upside)

Analysts' Ratings History for First Potomac Realty Trust (NYSE:FPO)
Show:
DateFirmActionRatingPrice TargetActions
3/28/2016Wells FargoReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2016DA DavidsonLower Price TargetNeutral$11.75 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/2/2015Compass PointLower Price Target$14.00 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/8/2015Evercore ISILower Price TargetHold$11.50 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/8/2015Evercore Partners Inc.Lower Price TargetHold$11.50 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/3/2015BMO Capital MarketsUpgradeMarket Perform -> Outperform$12.50 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/20/2015Cantor FitzgeraldReiterated RatingBuy$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/19/2015MLV & Co.Set Price TargetBuy$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/21/2014SunTrustInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/29/2014Raymond JamesDowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/29/2014 forward)
Earnings History for First Potomac Realty Trust (NYSE:FPO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016        
4/28/2016Q116$0.24$0.24$42.75 million$42.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/22/2016Q415$0.24$0.28$42.73 million$43.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2015Q315$0.24$0.25$43.39 million$42.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2015Q2$0.24$0.25$41.13 million$43.04 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q1$0.25$0.24$43.87 million$43.85 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015Q115$0.25$0.27$43.03 million$42.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q414$0.24$0.25$40.83 million$42.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014Q214$0.24$0.24$41.04 million$41.19 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014$0.23$0.22$40.41 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014Q413$0.23$0.23$41.35 million$39.38 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2013Q313$0.23$0.22$41.20 million$40.84 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/25/2013Q2 2013$0.26$0.28$47.38 million$40.66 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2013Q113$0.30$0.30$47.72 million$51.38 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013Q412$0.29$0.32$48.53 million$50.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2012$0.28$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/26/2012$0.27$0.32ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/16/2012$0.27$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for First Potomac Realty Trust (NYSE:FPO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.24$0.24$0.24
Q2 20163$0.25$0.26$0.25
Q3 20164$0.25$0.27$0.26
Q4 20163$0.24$0.26$0.25
Q1 20172$0.23$0.25$0.24
Q2 20172$0.24$0.26$0.25
Q3 20172$0.23$0.26$0.25
Q4 20172$0.24$0.27$0.26
(Data provided by Zacks Investment Research)
Current Dividend Information for First Potomac Realty Trust (NYSE:FPO)
Annual Dividend:$0.60
Dividend Yield:6.59%
Payout Ratio:59.41%
Dividend Growth:-9.10% (3 Year Average)

Dividend History for First Potomac Realty Trust (NYSE:FPO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/26/2016quarterly$0.104.76%5/5/20165/9/20165/16/2016Tweet This Announcement  Share This Announcement on StockTwits
1/28/2016quarterly$0.156.22%2/5/20162/9/20162/16/2016Tweet This Announcement  Share This Announcement on StockTwits
10/27/2015quarterly$0.155.09%11/5/201511/9/201511/16/2015Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015quarterly$0.155.29%8/6/20158/10/20158/17/2015Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015quarterly$0.155.6%5/6/20155/8/20155/15/2015Tweet This Announcement  Share This Announcement on StockTwits
1/28/2015quarterly$0.154.6%2/6/20152/10/20152/17/2015Tweet This Announcement  Share This Announcement on StockTwits
10/27/2014quarterly$0.154.96%11/4/201411/6/201411/17/2014Tweet This Announcement  Share This Announcement on StockTwits
7/25/2014quarterly$0.154.51%8/4/20148/6/20148/15/2014Tweet This Announcement  Share This Announcement on StockTwits
4/25/2014quarterly$0.154.59%5/2/20145/6/20145/15/2014Tweet This Announcement  Share This Announcement on StockTwits
2/4/2014quarterly$0.154.62%2/6/20142/10/20142/17/2014Tweet This Announcement  Share This Announcement on StockTwits
1/30/2014$0.152/6/20142/10/20142/17/2014Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013quarterly$0.154.76%11/4/201311/6/201311/15/2013Tweet This Announcement  Share This Announcement on StockTwits
7/26/2013quarterly$0.154.19%8/2/20138/6/20138/15/2013Tweet This Announcement  Share This Announcement on StockTwits
4/29/2013quarterly$0.153.8%5/2/20135/6/20135/15/2013Tweet This Announcement  Share This Announcement on StockTwits
1/25/2013quarterly$0.154.36%2/6/20132/8/20132/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for First Potomac Realty Trust (NYSE:FPO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
10/28/2014Richard B ChessInsiderSell7,700$12.22$94,094.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/29/2014Nicholas R SmithEVPSell11,000$13.24$145,640.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/22/2014J Roderick Heller IIIInsiderBuy1,223$12.92$15,801.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for First Potomac Realty Trust (NYSE:FPO)
DateHeadline
06/23/16 03:49 PMFirst Potomac Realty Trust Sets Dates For Second Quarter Earnings Release And Conference Call - [at noodls] - First Potomac Realty Trust Sets Dates For Second Quarter Earnings Release And Conference Call The text version of this document is not available at the moment. The original content was posted at original ...
06/15/16 08:47 AMKimco Realty Corp (NYSE:KIM) Analyst Estimates And Rating
06/13/16 04:16 AMFirst Property Group Plc :FPO-GB: Earnings Analysis: For the six months ended March 31, 2016 : June 13, 2016 -
06/13/16 12:20 AMFirst Property Group Plc :FPO-GB: Earnings Analysis: 2016 By the Numbers : June 13, 2016 -
06/06/16 09:31 PMFIRST POTOMAC REALTY TRUST : Other Events, Financial Statements and Exhibits (form 8-K)
06/06/16 03:28 PMFirst Potomac Realty Trust Announces Redemption Of Remaining 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares - [at noodls] - First Potomac Realty Trust Announces Redemption Of Remaining 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares The text version of this document is not available at the moment. The original ...
06/03/16 06:19 AMWinthrop Realty Trust (NYSE:FUR) Do Brokers Advise Buy, Sell Or Hold? - The company has a consensus rating of "Buy" and an average price target of $20.00. First Potomac Realty Trust (NYSE:FPO) has declined 22.58% since October 23, 2015 and is downtrending. 37 funds bought stakes while 97 increased positions. The company's beta ...
06/02/16 10:12 PMFirst Potomac Sells 97% Stake In Storey Park Site For $55M - First Potomac Realty Trust has found a buyer for its majority stake in the Storey Park development site at 1005 First St NE in NoMa. The company acquired the site back in 2011 along with Perseus Realty, who held a 3% stake in the JV. Perseus is part of ...
06/01/16 04:20 PMFirst Potomac’s NoMa Site is Trading for $55M - WASHINGTON, DC—First Potomac Realty Trust announced that it is selling Storey Park, a development site in NoMa, for $54.5 million to a partnership with the site’s partial owner, locally-based Perseus Realty and other investors. The site went under ...
06/01/16 04:20 PMArbor Realty Trust (NYSE:ABR) Do Brokers Advise Buy, Sell Or Hold? - However, 2 analysts recommended "HOLD RATING" for the company. First Potomac Realty Trust (NYSE:FPO) was unchanged at $8.95 a share as the real estate investment trust late Tuesday said it has signed a binding contract selling its Storey Park development ...
06/01/16 04:20 PMFirst Potomac Realty Trust (FPO) to Sell Storey Park in $54.5M Deal - Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. First Potomac Realty Trust (NYSE: FPO) announced that it has entered into a binding contract to sell Storey Park, a development site located in ...
06/01/16 12:52 PMFirst Potomac unloads former Greyhound site in NoMa -
06/01/16 09:12 AMFirst Potomac (FPO) to Sell Storey Park in Washington, D.C. -
05/31/16 04:21 PMBRIEF-First Potomac Realty Trust to sell Storey Park for $54.5 million - * First Potomac Realty Trust enters into a binding contract to sell Storey Park for $54.5 million
05/31/16 03:45 PMFirst Potomac Realty Trust Enters Into A Binding Contract To Sell Storey Park For $54.5 Million - [PR Newswire] - BETHESDA, Md., May 31, 2016 /PRNewswire/ -- First Potomac Realty Trust (FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. region, today announced that it has entered into a binding contract to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., to 1005 First, LLC, a partnership between Perseus Realty, LLC and W-G Capital, LLC, an affiliate of Four Points, LLC and Greencourt Capital, for gross proceeds of $54.5 million.
05/25/16 05:07 AMFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a -
05/17/16 07:20 PMETF’s with exposure to First Potomac Realty Trust : May 18, 2016 -
05/16/16 11:00 AMBob Milkovich didn't make it to the NFL. A local REIT might profit from it. -
05/16/16 07:10 AMFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : May 16, 2016 -
05/05/16 04:14 PMETF’s with exposure to First Potomac Realty Trust : May 5, 2016 -
05/05/16 11:14 AMFirst Potomac Realty Trust :FPO-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/04/16 07:07 AMFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : May 4, 2016 -
04/29/16 01:04 PMFirst Potomac Realty Trust declares $0.10 dividend -
04/29/16 11:01 AMTime could be on First Potomac's side as it grapples with major tenant departures -
04/29/16 10:37 AMEdited Transcript of FPO earnings conference call or presentation 29-Apr-16 1:00pm GMT -
04/29/16 05:44 AMFIRST POTOMAC REALTY TRUST Files SEC form 10-Q, Quarterly Report -
04/28/16 06:03 PMFirst Potomac Realty Trust reports 1Q results -
04/28/16 04:07 PMFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an -
04/28/16 03:36 PMFirst Potomac Realty Trust Reports First Quarter 2016 Results - [at noodls] - BETHESDA, Md., April 28, 2016 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leader in the ownership, management, development and redevelopment of office and business park properties in the ...
04/11/16 06:21 PMBRIEF-First Potomac Realty Trust files for mixed shelf of up to $500 million - * Files for mixed shelf of up to $500 million - SEC Filing Source - http://1.usa.gov/23pVmyt Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)
03/28/16 09:10 AMBRIEF-First Potomac Realty Trust sells northern Virginia portfolio - * First Potomac Realty Trust sells northern Virginia non-core portfolio
02/26/16 12:20 PMUnlock 25% Upside Potential With An Opportunistic Investment In First Potomac Realty Trust - An opportunistic strong buy with significant upside potential. In this article we will review First Potomac Realty Trust (NYSE:FPO) in terms of its geographical diversification and financial data, in order to explain why, or why not, an investment in the ...
02/25/16 12:04 PMFIRST POTOMAC REALTY TRUST Financials -
02/25/16 09:46 AMFirst Potomac Realty Trust Earnings Analysis: 2015 By the Numbers -
02/24/16 07:07 AMFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Regulation FD Disclosure -
02/22/16 01:25 PMEdited Transcript of FPO earnings conference call or presentation 22-Feb-16 3:00pm GMT -
02/22/16 06:56 AMFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosur -
02/22/16 06:49 AMFirst Potomac Realty Trust reports 4Q results -
02/22/16 06:30 AMFirst Potomac Realty Trust Reports Fourth Quarter And Full-Year 2015 Results - [PR Newswire] - BETHESDA, Md., Feb. 22, 2016 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leader in the ownership, management, development and redevelopment of office and business park properties in the greater ...
02/22/16 06:07 AMQ4 2015 First Potomac Realty Trust Earnings Release - Before Market Open -
01/29/16 04:32 PMFirst Potomac Realty Trust Announces Tax Reporting Information For 2015 Common And Preferred Share Distributions - [at noodls] - BETHESDA, Md., Jan. 29, 2016 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. region, today announced ...
01/27/16 04:05 PMFirst Potomac Realty Trust Declares Dividends on Common and Preferred Shares - [at noodls] - BETHESDA, Md., Jan. 27, 2016 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. region, today announced ...
01/20/16 04:05 PMFirst Potomac Realty Trust Sets Date For Fourth Quarter Earnings Release And Conference Call - [at noodls] - BETHESDA, Md., Jan. 20, 2016 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner of office and business park properties in the greater Washington D.C. region, today announced details ...
01/19/16 05:02 AMFIRST POTOMAC REALTY TRUST Files SEC form 8-K/A, Change in Directors or Principal Officers, Financial Statements and -
12/30/15 07:08 AMFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : December 30, 2015 -
12/29/15 02:25 PMFirst Potomac Divests Cedar Hill I and III for $27.3 Million -
12/28/15 03:29 PMFirst Potomac Realty Trust Sells Cedar Hill I And III For $27.3 Million - [at noodls] - BETHESDA, Md., Dec. 28, 2015 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. region, today announced ...
12/22/15 02:05 PMFirst Potomac Divests Newington Business Park Center -
12/18/15 08:02 AMFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
12/18/15 07:30 AMFirst Potomac Realty Trust Announces Partial Redemption Of 7.750% Series A Cumulative Perpetual Preferred Shares - [PR Newswire] - BETHESDA, Md., Dec. 18, 2015 /PRNewswire/ -- First Potomac Realty Trust (FPO) (the "Company"), a leading owner of office and business park properties in the greater Washington D.C. region, today announced that it intends to redeem 2,200,000, representing approximately 34%, of its 6,400,000 outstanding shares of 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares (the "Series A Preferred Shares") on January 19, 2016 (the "Redemption Date"). This redemption is consistent with the Company's previously announced plan to dispose of at least $200 million of assets and utilize the proceeds to redeem outstanding preferred shares, repay outstanding indebtedness and/or repurchase common shares. The Series A Preferred Shares will be redeemed at a redemption price of $25.00 per share, plus the amount equal to all accrued and unpaid dividends on each Series A Preferred Share to be redeemed from November 16, 2015 up to, but not including, the Redemption Date.
About First Potomac Realty Trust

First Potomac Realty Trust logoFirst Potomac Realty Trust (First Potomac) is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Company's portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and business parks consists buildings with office features combined with some industrial property space. The Company's properties are in Washington, D.C., Maryland, Northern Virginia and Southern Virginia. The Company conducts its business through First Potomac Realty Investment Limited Partnership, the Company's operating partnership (the Operating Partnership).

Industry, Sector and Symbol:
  • Sector: Financial Services
  • Industry: REIT - Office
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: FPO
  • CUSIP: 33610F10
Key Metrics:
  • Previous Close: $9.06
  • 50 Day Moving Average: $9.09
  • 200 Day Moving Average: $9.27
  • P/E Ratio: N/A
  • P/E Growth: 2.35
  • Market Cap: $529.22M
  • Current Quarter EPS Consensus Estimate: $1.00 EPS
Additional Links:
First Potomac Realty Trust (NYSE:FPO) Chart for Wednesday, June, 29, 2016


            As Featured by CNBC As Featured by The Wall Street Journal As Featured by MarketWatch As Featured by The Boston Globe As Featured by StockTwits As Featured by Seeking Alpha