Office Depot Company Profile (NASDAQ:ODP)

About Office Depot (NASDAQ:ODP)

Office Depot logoOffice Depot, Inc. provides a selection of products and services to consumers and businesses of various sizes. The Company's segments include North American Retail Division and North American Business Solutions Division. The North American Retail Division includes retail stores in the United States, including Puerto Rico and the United States Virgin Islands, which offer office supplies, technology products and solutions, business machines and related supplies, facilities products and office furniture. The North American Business Solutions Division sells office supply products and services throughout North America, including the United States, Puerto Rico, the United States Virgin Islands and Canada. It operates under the Office Depot and OfficeMax brands, and utilizes other Company and product brand names, including Grand & Toy in Canada. It offers its products under various labels, such as Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark and Viking Office Products.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Specialty Retail, Other
  • Sub-Industry: Specialty Stores
  • Symbol: NASDAQ:ODP
  • CUSIP: 67622010
  • Web:
  • Market Cap: $2.6 billion
  • Outstanding Shares: 516,640,000
Average Prices:
  • 50 Day Moving Avg: $4.97
  • 200 Day Moving Avg: $4.68
  • 52 Week Range: $3.01 - $5.54
  • Trailing P/E Ratio: 4.49
  • Foreward P/E Ratio: 9.33
  • P/E Growth: 0.89
Sales & Book Value:
  • Annual Revenue: $10.82 billion
  • Price / Sales: 0.24
  • Book Value: $3.78 per share
  • Price / Book: 1.33
  • Annual Dividend: $0.10
  • Dividend Yield: 2.0%
  • EBIDTA: $611 million
  • Net Margins: 2.41%
  • Return on Equity: 11.70%
  • Return on Assets: 3.33%
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 1.46%
  • Quick Ratio: 0.94%
  • Average Volume: 5.72 million shs.
  • Beta: 3.26
  • Short Ratio: 2.35

Frequently Asked Questions for Office Depot (NASDAQ:ODP)

What is Office Depot's stock symbol?

Office Depot trades on the NASDAQ under the ticker symbol "ODP."

How often does Office Depot pay dividends? What is the dividend yield for Office Depot?

Office Depot announced a quarterly dividend on Tuesday, May 9th. Stockholders of record on Thursday, May 25th will be paid a dividend of $0.025 per share on Thursday, June 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Tuesday, May 23rd. View Office Depot's Dividend History.

How were Office Depot's earnings last quarter?

Office Depot Inc (NASDAQ:ODP) announced its earnings results on Tuesday, May, 9th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. Office Depot had a net margin of 2.41% and a return on equity of 11.70%. The firm's revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share. View Office Depot's Earnings History.

Where is Office Depot's stock going? Where will Office Depot's stock price be in 2017?

5 analysts have issued 12 month target prices for Office Depot's shares. Their forecasts range from $4.35 to $5.25. On average, they anticipate Office Depot's share price to reach $4.90 in the next twelve months. View Analyst Ratings for Office Depot.

Are investors shorting Office Depot?

Office Depot saw a decrease in short interest in the month of April. As of April 28th, there was short interest totalling 11,743,496 shares, a decrease of 6.4% from the April 13th total of 12,552,202 shares. Based on an average daily trading volume, of 3,780,318 shares, the short-interest ratio is presently 3.1 days.

Who are some of Office Depot's key competitors?

Who owns Office Depot stock?

Office Depot's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.59%), Hotchkis & Wiley Capital Management LLC (9.04%), Vanguard Group Inc. (8.36%), Fairpointe Capital LLC (6.41%), Bank of New York Mellon Corp (6.25%) and Dimensional Fund Advisors LP (5.51%). Company insiders that own Office Depot stock include Joseph Vassalluzzo, Juliet Johansson, Michael R Allison, Nigel Travis and Stephen R Calkins. View Institutional Ownership Trends for Office Depot.

Who sold Office Depot stock? Who is selling Office Depot stock?

Office Depot's stock was sold by a variety of institutional investors in the last quarter, including Highbridge Capital Management LLC, Bogle Investment Management L P DE, Renaissance Technologies LLC, Morgan Stanley, Paulson & CO. Inc., Cornerstone Capital Management Holdings LLC., AQR Capital Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Office Depot stock in the last year include Juliet Johansson, Michael R Allison and Stephen R Calkins. View Insider Buying and Selling for Office Depot.

Who bought Office Depot stock? Who is buying Office Depot stock?

Office Depot's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, LSV Asset Management, Prudential Financial Inc., Bank of New York Mellon Corp, Vanguard Group Inc., ANTIPODES PARTNERS Ltd and Gotham Asset Management LLC. Company insiders that have bought Office Depot stock in the last two years include Joseph Vassalluzzo and Nigel Travis. View Insider Buying and Selling for Office Depot.

How do I buy Office Depot stock?

Shares of Office Depot can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Office Depot stock cost?

One share of Office Depot stock can currently be purchased for approximately $5.04.

Analyst Ratings

Consensus Ratings for Office Depot (NASDAQ:ODP) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.90 (2.78% downside)

Analysts' Ratings History for Office Depot (NASDAQ:ODP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Jefferies Group LLCReiterated RatingHold$4.50 -> $5.00MediumView Rating Details
5/10/2017Telsey Advisory GroupBoost Price TargetMarket Perform -> Market Perform$4.40 -> $5.25MediumView Rating Details
5/9/2017Oppenheimer Holdings Inc.Reiterated RatingHoldLowView Rating Details
2/27/2017Loop CapitalReiterated RatingHold$5.00N/AView Rating Details
8/16/2016Morgan StanleyReiterated RatingHold$4.35N/AView Rating Details
5/16/2016Bank of America CorpReiterated RatingBuyN/AView Rating Details
5/15/2016Wells Fargo & CoReiterated RatingEqual WeightN/AView Rating Details
5/2/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
4/14/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
3/7/2016Credit Suisse Group AGLower Price TargetOutperform$10.50 -> $8.00N/AView Rating Details
9/13/2015B. RileyUpgradeBuy$11.00N/AView Rating Details
7/24/2015Cleveland ResearchReiterated RatingNeutralN/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Office Depot (NASDAQ:ODP)
Earnings by Quarter for Office Depot (NASDAQ:ODP)
Earnings History by Quarter for Office Depot (NASDAQ:ODP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 17$0.12$0.16$2.71 billion$2.68 billionViewListenView Earnings Details
3/1/2017Q416$0.10$0.11$2.74 billion$2.73 billionViewListenView Earnings Details
11/2/2016Q316$0.15$0.16$3.49 billion$2.84 billionViewListenView Earnings Details
8/3/2016Q216$0.06$0.03$3.20 billion$3.20 billionViewListenView Earnings Details
4/26/2016Q116$0.12$0.10$3.62 billion$3.50 billionViewN/AView Earnings Details
2/23/2016Q415$0.11$0.07$3.56 billion$3.50 billionViewN/AView Earnings Details
11/3/2015Q315$0.16$0.16$3.75 billion$3.70 millionViewN/AView Earnings Details
8/4/2015Q215$0.06$0.06$3.50 billion$3.44 billionViewN/AView Earnings Details
5/5/2015Q115$0.13$0.13$4.11 billion$3.90 billionViewN/AView Earnings Details
2/24/2015Q414$0.04$0.07$3.91 billion$3.80 billionViewN/AView Earnings Details
2/24/2015Q414$0.04$0.07$3.91 billion$3.80 billionViewN/AView Earnings Details
11/4/2014Q3$0.09$0.10$4.05 billion$4.07 billionViewListenView Earnings Details
8/5/2014Q214($0.02)($0.02)$3.80 billion$3.80 billionViewListenView Earnings Details
5/6/2014Q114$0.03$0.07$4.28 billion$4.35 billionViewListenView Earnings Details
2/25/2014Q413$0.03($0.03)$4.09 billion$3.50 billionViewListenView Earnings Details
11/5/2013Q313$0.06$0.02$2.60 billion$2.62 billionViewListenView Earnings Details
7/30/2013Q2 2013($0.10)($0.10)$2.43 billion$2.40 billionViewListenView Earnings Details
11/6/2012Q312$0.01$0.06$2.73 billion$2.69 billionViewN/AView Earnings Details
8/7/2012($0.09)($0.06)ViewN/AView Earnings Details
5/1/2012$0.05$0.05ViewN/AView Earnings Details
2/28/2012($0.01)$0.03ViewN/AView Earnings Details
7/26/2011($0.12)($0.06)ViewN/AView Earnings Details
4/26/2011$0.02($0.05)ViewN/AView Earnings Details
2/22/2011($0.03)$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Office Depot (NASDAQ:ODP)
Current Year EPS Consensus Estimate: $0.52 EPS
Next Year EPS Consensus Estimate: $0.54 EPS


Current Dividend Information for Office Depot (NASDAQ:ODP)
Next Dividend:6/15/2017
Annual Dividend:$0.10
Dividend Yield:1.98%
Payout Ratio:17.54% (Trailing 12 Months of Earnings)
19.23% (Based on This Year's Estimates)
18.52% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Office Depot (NASDAQ:ODP)

Dividend History by Quarter for Office Depot (NASDAQ:ODP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Office Depot (NASDAQ:ODP)
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 94.05%
Insider Trades by Quarter for Office Depot (NASDAQ:ODP)
Institutional Ownership by Quarter for Office Depot (NASDAQ:ODP)
Insider Trades by Quarter for Office Depot (NASDAQ:ODP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Michael R AllisonInsiderSell66,217$5.08$336,382.36View SEC Filing  
3/29/2017Stephen R CalkinsEVPSell45,434$4.57$207,633.38View SEC Filing  
3/21/2017Michael R AllisonInsiderSell35,000$4.61$161,350.00View SEC Filing  
3/21/2017Stephen R CalkinsEVPSell15,436$4.63$71,468.68View SEC Filing  
3/15/2017Joseph VassalluzzoChairmanBuy25,000$4.70$117,500.00View SEC Filing  
3/6/2017Stephen R CalkinsEVPSell4,532$4.51$20,439.32View SEC Filing  
12/16/2016Juliet JohanssonEVPSell8,385$4.73$39,661.05View SEC Filing  
8/24/2016Michael R AllisonEVPSell23,434$3.64$85,299.76View SEC Filing  
5/25/2016Nigel TravisDirectorBuy14,267$3.47$49,506.49View SEC Filing  
8/18/2014C Elisa D GarciaEVPSell11,531$5.15$59,384.65View SEC Filing  
5/21/2014C Elisa GarciaEVPSell22,097$5.01$110,705.97View SEC Filing  
5/14/2014Cynthia JamisonDirectorSell9,488$5.50$52,184.00View SEC Filing  
3/14/2014Joseph VassalluzzoDirectorBuy15,000$4.58$68,700.00View SEC Filing  
3/13/2014Warren BryantDirectorBuy6,000$4.66$27,960.00View SEC Filing  
3/12/2014Roland SmithCEOBuy50,000$4.61$230,500.00View SEC Filing  
3/11/2014Jeffrey SmithDirectorBuy711,500$4.59$3,265,785.00View SEC Filing  
3/10/2014Jeffrey SmithDirectorBuy2,162,413$4.59$9,925,475.67View SEC Filing  
3/4/2014C Elisa GarciaEVPSell32,977$4.95$163,236.15View SEC Filing  
2/27/2014Nigel TravisDirectorBuy40,000$4.95$198,000.00View SEC Filing  
2/14/2014Steven Mark SchmidtInsiderSell150,000$5.08$762,000.00View SEC Filing  
2/3/2014C Elisa GarciaEVPSell37,500$4.80$180,000.00View SEC Filing  
1/14/2014Steven Mark SchmidtInsiderSell150,000$4.79$718,500.00View SEC Filing  
12/23/2013C Elisa GarciaEVPSell41,064$5.31$218,049.84View SEC Filing  
12/16/2013Steven Mark SchmidtInsiderSell150,000$5.18$777,000.00View SEC Filing  
12/13/2013Jeffrey SmithDirectorBuy1,350,000$5.22$7,047,000.00View SEC Filing  
12/13/2013Matthew BroadEVPSell149,273$5.22$779,205.06View SEC Filing  
12/11/2013Matthew BroadEVPSell31,373$5.36$168,159.28View SEC Filing  
11/18/2013Steven Mark SchmidtInsiderSell150,000$5.52$828,000.00View SEC Filing  
11/15/2013Michael NewmanCFOSell73,187$5.56$406,919.72View SEC Filing  
11/15/2013Nigel TravisDirectorBuy35,587$5.64$200,710.68View SEC Filing  
11/1/2013Kim S MoehlerSVPSell10,906$5.84$63,691.04View SEC Filing  
10/21/2013Kim S MoehlerSVPSell74,245$5.50$408,347.50View SEC Filing  
10/16/2013Kim S MoehlerSVPSell8,790$5.25$46,147.50View SEC Filing  
10/10/2013Kim MoehlerSVPSell9,947$5.00$49,735.00View SEC Filing  
10/10/2013Michael NewmanCFOSell300,000$5.00$1,500,000.00View SEC Filing  
10/10/2013Thomas ColliganDirectorSell25,000$5.03$125,750.00View SEC Filing  
8/23/2013Joseph VassalluzzoDirectorBuy9,500$4.17$39,615.00View SEC Filing  
8/9/2013Cynthia JamisonInsiderBuy2,340$4.26$9,968.40View SEC Filing  
7/29/2013Robert L NardelliInsiderBuy2,331$4.30$10,023.30View SEC Filing  
7/2/2013Cynthia T JamisonInsiderBuy2,525$3.97$10,024.25View SEC Filing  
6/4/2013Thomas J ColliganDirectorSell25,000$4.50$112,500.00View SEC Filing  
3/22/2013David N SiegelInsiderBuy1,250$4.02$5,025.00View SEC Filing  
3/21/2013Robert L NardelliInsiderBuy2,389$4.10$9,794.90View SEC Filing  
2/22/2013Nigel TravisDirectorBuy20,000$4.22$84,400.00View SEC Filing  
10/11/2012Value Lp StarboardMajor ShareholderBuy4,094,119$2.29$9,375,532.51View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Office Depot (NASDAQ:ODP)
Latest Headlines for Office Depot (NASDAQ:ODP)
DateHeadline logoOffice Depot, Inc. : ODP-US: Dividend Analysis : May 25th, 2017 (record date) : By the numbers : May 24, 2017 - May 24 at 7:11 PM logoOffice Depot, Inc. (ODP) Ex-Dividend Date Scheduled... - May 23 at 10:04 AM logoOffice Depot, Inc. Survey Finds Annual Cost to Educators of Researching and Purchasing Classroom Supplies Could Reach Half a Billion Dollars - May 22 at 9:47 AM logoEx-Dividend Reminder: Six Flags Entertainment, Office Depot and Expedia - May 19 at 11:47 AM logoStaples' Mediocre-At-Best Q1 - May 19 at 11:47 AM logoOffice Depot Inc (ODP) Insider Michael R. Allison Sells 66,217 Shares - May 17 at 7:47 PM logoOffice Depot Inc (ODP) Expected to Post Quarterly Sales of $2.45 Billion - May 17 at 9:10 AM logoOffice Depot Reaches Analyst Target Price - May 16 at 6:44 PM logoZacks: Analysts Expect Office Depot Inc (ODP) Will Post Earnings of $0.09 Per Share - May 16 at 12:24 AM logoOffice Depot sold more glue in Q1 than all of 2016 - May 15 at 6:17 PM logoOffice Depot Inc (ODP) Price Target Increased to $5.25 by Analysts at Telsey Advisory Group - May 14 at 7:42 PM logoOffice Depot's Former CEO Says Retailers Are Stuck in the 1950s, and They Must Do This to Survive - May 11 at 7:28 PM logoPrudential Securities Secured Financing Corporation 1999-C2 -- Moody's Upgrades One and Affirms Two Classes of PSSF 1999-C2 - May 11 at 7:28 PM logoOffice Depot Inc (ODP) Short Interest Update - May 11 at 7:12 AM logoJefferies Group LLC Reiterates Hold Rating for Office Depot Inc (ODP) - May 10 at 8:20 PM logoEdited Transcript of ODP earnings conference call or presentation 9-May-17 1:00pm GMT - May 10 at 7:10 PM logoOffice Depot Inc (ODP) Upgraded to "Buy" at Zacks Investment Research - May 10 at 1:00 PM logoOffice Depot (ODP) Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - May 10 at 11:53 AM logoOffice Depot Surprises Street, Posts Q1 Earnings Beat (ODP) - - May 10 at 11:53 AM logoOffice Depot Inc (ODP) Earns "Hold" Rating from Oppenheimer Holdings Inc. - May 9 at 11:36 PM
News IconOffice Depot beats, but same-store sales whiff - May 9 at 6:37 PM logoOffice Depot Inc. 2017 Q1 - Results - Earnings Call Slides - May 9 at 6:37 PM logoOffice Depot (ODP) Beats Q1 Earnings Estimates, Stock Up - May 9 at 6:37 PM logoOffice Depot Inc (ODP) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS - May 9 at 3:44 PM logoOffice Depot, Inc. Announces First Quarter 2017 Results - May 9 at 11:23 AM logoOffice Depot Declares Quarterly Cash Dividend of $0.025 Per Share - May 9 at 11:23 AM logoOffice Depot beats first-quarter profit expectations - May 9 at 11:23 AM logoOffice Depot's Sales Are Still Vanishing, But At Least Earnings Aren't - May 9 at 11:23 AM logoOffice Depot still expects sales to fall, but slower - May 9 at 11:23 AM logoOffice Depot Inc (ODP) Declares $0.03 Quarterly Dividend - May 9 at 10:56 AM logoOffice Depot Surprises Street, Posts Q1 Earnings Beat (ODP) - May 9 at 9:36 AM logoOffice Depot profit more than doubles on store sales, lower costs - CNBC - May 9 at 8:59 AM logoOffice Depot beats 1Q profit forecasts - May 9 at 7:09 AM logoOffice Depot Inc (ODP) Given Average Recommendation of "Hold" by Brokerages - May 8 at 12:50 PM logoRetail Earnings Expectations: Office Depot And Whole Foods - May 8 at 12:12 PM logoOffice Depot (ODP) Receiving Somewhat Positive Media Coverage, Study Finds - May 3 at 2:58 PM logoCab driver, cheesecake baker and other day jobs of the rich and famous - May 1 at 12:46 PM logoPositive Press Coverage Likely to Affect Office Depot (ODP) Stock Price - April 29 at 10:47 PM logoOffice Depot sells off international business - April 27 at 7:27 PM logoStrategy To YieldBoost ODP From 2% To 15.8% Using Options - Nasdaq - April 27 at 10:11 AM logoOffice Depot (ODP) Closes Sale of Business in South Korea - - April 27 at 10:11 AM logoOffice Depot (ODP) Closes Sale of Business in South Korea - April 26 at 6:17 PM logoOffice Depot Completes Sale of Business in South Korea - April 26 at 6:17 PM logoOffice Depot, Inc. to Announce First Quarter 2017 Results … - April 25 at 6:12 PM logoOffice Depot, Inc. to Announce First Quarter 2017 Results Tuesday, May 9, 2017 - April 25 at 6:12 PM logoPositive Press Coverage Very Likely to Impact Office Depot (ODP) Share Price - April 25 at 4:10 PM logoOffice Depot, Inc. Teams with Washington Elementary School to ... - Yahoo Finance - April 24 at 2:16 PM logoOffice Depot Inc (ODP) Leads 5 Significant Investor Reports - - April 24 at 2:16 PM logoOffice Depot (ODP) Q1 Earnings: Will the Momentum Stay? - Nasdaq - April 24 at 2:16 PM logoOffice Depot, Inc. Teams with Washington Elementary School to Revitalize the School - April 24 at 2:16 PM



Office Depot (ODP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff