Office Depot Company Profile (NASDAQ:ODP)

About Office Depot

Office Depot logoOffice Depot, Inc. (Office Depot) is a provider of office products and services. The Company sells products and services to consumers through three segments: North American Retail Division, North American Business Solutions Division and International Division. It operates under the Office Depot and OfficeMax brands. It also offers products under various labels, including Foray, Ativa, TUL, WorkPro, Brenton Studio, Highmark, Grand & Toy and Viking Office Products. It offers its products under supplies, technology, furniture and other categories. The supplies category includes products, such as paper, binders and school supplies. The technology category includes products, such as desktop and laptop computers, monitors, cables, software, telephones and wireless communications products, as well as services for technology products. The furniture and other category include products, such as desks, chairs, luggage, sales in its copy and print centers, and other miscellaneous items.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Specialty Retail, Other
  • Sub-Industry: Specialty Stores
  • Exchange: NASDAQ
  • Symbol: ODP
  • CUSIP: 67622010
Key Metrics:
  • Previous Close: $3.65
  • 50 Day Moving Average: $3.51
  • 200 Day Moving Average: $4.66
  • Trailing P/E Ratio: 7.49
  • Foreward P/E Ratio: 8.11
  • P/E Growth: 0.53
  • Market Cap: $1.99B
  • Outstanding Shares: 543,929,000
  • Beta: 2.93
Additional Links:
Companies Related to Office Depot:

Analyst Ratings

Consensus Ratings for Office Depot (NASDAQ:ODP) (?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $6.73 (84.34% upside)

Analysts' Ratings History for Office Depot (NASDAQ:ODP)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Morgan StanleyReiterated RatingHold$4.35View Rating Details
5/26/2016Jefferies GroupDowngradeBuy -> Hold$5.25View Rating Details
5/16/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
5/15/2016Wells Fargo & Co.Reiterated RatingEqual WeightView Rating Details
5/11/2016Telsey Advisory GroupDowngradeOutperform -> Market Perform$6.50 -> $5.00View Rating Details
5/2/2016JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
4/14/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
3/7/2016Credit Suisse Group AGLower Price TargetOutperform$10.50 -> $8.00View Rating Details
9/13/2015B. RileyUpgradeBuy$11.00View Rating Details
7/24/2015Cleveland ResearchReiterated RatingNeutralView Rating Details
5/6/2015Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details
2/5/2015Janney Montgomery ScottDowngradeBuy -> NeutralView Rating Details
2/4/2015BB&T Corp.DowngradeBuy -> HoldView Rating Details
11/17/2014Goldman Sachs Group Inc.DowngradeBuy -> Neutral$7.15View Rating Details
11/5/2014KeyCorpReiterated RatingBuy$7.00 -> $8.50View Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Office Depot (NASDAQ:ODP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
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)

Estimates

Earnings Estimates for Office Depot (NASDAQ:ODP)
Current Year EPS Consensus Estimate: $0.39 EPS
Next Year EPS Consensus Estimate: $0.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.14$0.14$0.14
Q2 20161$0.08$0.08$0.08
Q3 20161$0.16$0.16$0.16
Q4 20161$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Office Depot (NASDAQ:ODP)
Annual Dividend:$0.10
Dividend Yield:2.74%
Payout Ratio:20.00% (Based on Trailing 12 Months of Earnings)
25.64% (Based on Current Year Consensus EPS Estimate)
22.22% (Based on Next Year Consensus EPS Estimate)

Dividend History for Office Depot (NASDAQ:ODP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2016quarterly$0.038/23/20168/25/20169/15/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Office Depot (NASDAQ:ODP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Office Depot (NASDAQ:ODP)
DateHeadline
fidaily.com logoInsiders Are Buying and Selling – Office Depot, Inc. (NASDAQ:ODP) (NASDAQ:ODP)
www.fidaily.com - August 26 at 6:21 PM
News IconOffice Depot CEO Roland Smith announces plans of retirement (NASDAQ:ODP)
eprretailnews.com - August 24 at 9:41 AM
nasdaq.com logoOffice Depot, Inc. (ODP) Ex-Dividend Date Scheduled... (NASDAQ:ODP)
www.nasdaq.com - August 24 at 9:41 AM
News IconPost Earnings Coverage Staples Earnings in the Red (NASDAQ:ODP)
news.investornetwork.com - August 24 at 9:41 AM
News IconOffice Depot Announces Retirement of CEO Roland Smith in 2017 & Executive Reorganization to Align with its Three-Year Strateg... (NASDAQ:ODP)
ih.advfn.com - August 23 at 6:46 PM
News IconOffice Depot announces retirement of CEO Roland Smith (NASDAQ:ODP)
www.floridatrend.com - August 23 at 6:46 PM
News IconStocks Under Consideration - Ford Motor Company (NYSE:F), Office Depot Inc (NASDAQ:ODP) - Money News (press release) (NASDAQ:ODP)
www.newsismoney.com - August 23 at 11:03 AM
nasdaq.com logoOffice Depot, Inc. (ODP) Ex-Dividend Date Scheduled for August 23, 2016 - Nasdaq (NASDAQ:ODP)
www.nasdaq.com - August 23 at 11:03 AM
investorplace.com logoDoes Office Depot Inc (ODP) Still Have a Chance? - Investorplace.com (NASDAQ:ODP)
investorplace.com - August 23 at 11:03 AM
rttnews.com logoOffice Depot CEO Roland Smith Plans To Retire In 2017 (NASDAQ:ODP)
www.rttnews.com - August 22 at 6:35 PM
streetinsider.com logoOffice Depot (ODP) CEO Smith to Retire in 2017; Announces Executive Committee Reorganization (NASDAQ:ODP)
www.streetinsider.com - August 22 at 6:35 PM
finance.yahoo.com logoOffice Depot Announces Retirement of CEO Roland Smith in 2017 and Executive Reorganization to Align with its Three-Year Strategic Plan (NASDAQ:ODP)
finance.yahoo.com - August 22 at 6:35 PM
reuters.com logoOffice Depot CEO Roland Smith to retire (NASDAQ:ODP)
www.reuters.com - August 22 at 6:35 PM
capitalcube.com logoETF’s with exposure to Office Depot, Inc. : August 22, 2016 (NASDAQ:ODP)
www.capitalcube.com - August 22 at 6:35 PM
bizjournals.com logoOffice Depot CEO to retire (NASDAQ:ODP)
www.bizjournals.com - August 22 at 6:35 PM
wsj.com logo[$$] Help Wanted: Office Supply Chain CEO (NASDAQ:ODP)
www.wsj.com - August 22 at 6:35 PM
investopedia.com logoOffice Depot CEO to Leave in Wake of Failed Merger (NASDAQ:ODP)
www.investopedia.com - August 22 at 6:35 PM
investorplace.com logoDoes Office Depot Inc (ODP) Still Have a Chance? (NASDAQ:ODP)
investorplace.com - August 22 at 2:49 PM
investorplace.com logoOffice Depot Inc (ODP) CEO Roland Smith to Retire (NASDAQ:ODP)
investorplace.com - August 22 at 11:17 AM
feeds.reuters.com logoUPDATE 2-Office Depot CEO Roland Smith to retire (NASDAQ:ODP)
feeds.reuters.com - August 22 at 11:17 AM
streetinsider.com logoOffice Depot (ODP) CEO Smith to Retire in 2017; Announces Executive Committee Reorganization - StreetInsider.com (NASDAQ:ODP)
www.streetinsider.com - August 22 at 11:10 AM
finance.yahoo.com logoOffice Depot CEO to retire; company creates COO, North America (NASDAQ:ODP)
finance.yahoo.com - August 22 at 10:37 AM
marketwatch.com logoOffice Depot CEO to retire after successor is picked (NASDAQ:ODP)
feeds.marketwatch.com - August 22 at 8:47 AM
finance.yahoo.com logoOffice Depot Foundation Donates Relief Supplies in Louisiana (NASDAQ:ODP)
finance.yahoo.com - August 19 at 6:32 PM
News IconThe Failed Merger With Office Depot Inc (NASDAQ:ODP) Will Not Weaken Staples, Inc’s (NASDAQ:SPLS) Efforts (NASDAQ:ODP)
www.journaltranscript.com - August 19 at 9:39 AM
News IconThe Failed Merger With Office Depot Inc (NASDAQ:ODP) Will Not Weaken Staples, Inc's (NASDAQ:SPLS) Efforts - Journal Transcript (NASDAQ:ODP)
www.journaltranscript.com - August 18 at 6:46 PM
wsj.com logo[$$] Staples Swings to Loss, Sticks With Plan to Close 50 Stores This Year (NASDAQ:ODP)
www.wsj.com - August 18 at 9:40 AM
thecountrycaller.com logoMorgan Stanley Believes Office Depot Inc (ODP) is in a Dire Need of Catalyst - TCC (NASDAQ:ODP)
www.thecountrycaller.com - August 17 at 6:52 PM
finance.yahoo.com logoStaples Plunges After Forecast Renews Concerns About Turnaround (NASDAQ:ODP)
finance.yahoo.com - August 17 at 6:52 PM
thestreet.com logoHere's a Reason Why Office Depot (ODP) Stock Is Down Today (NASDAQ:ODP)
www.thestreet.com - August 17 at 6:52 PM
bizjournals.com logoHere’s how much the Office Depot boondoggle will cost Staples this year (NASDAQ:ODP)
www.bizjournals.com - August 17 at 6:52 PM
News IconStaples Swings To Loss, to Close 50 Stores This Year (NASDAQ:ODP)
ih.advfn.com - August 17 at 9:39 AM
wsj.com logo[$$] Staples Swings To Loss, to Close 50 Stores This Year (NASDAQ:ODP)
www.wsj.com - August 17 at 9:39 AM
thestreet.com logoStaples Meets Estimates but Swings to a Loss in the Second Quarter (NASDAQ:ODP)
www.thestreet.com - August 17 at 9:39 AM
News IconOffice Depot (ODP) Shares are Up 2.25% (NASDAQ:ODP)
myhealthbowl.com - August 16 at 6:44 PM
thecountrycaller.com logoMorgan Stanley Believes Office Depot Inc (ODP) is in a Dire Need of Catalyst (NASDAQ:ODP)
www.thecountrycaller.com - August 16 at 6:44 PM
thestreet.com logoFormer Office Depot (ODP) CEO Odland To CNBC: 'Bricks and Mortar are Getting Killed by Amazon.com' (NASDAQ:ODP)
www.thestreet.com - August 16 at 6:44 PM
News IconBRIEF-Soros Fund Management dissolves share stake in Apple Inc, United Continental Holdings (NASDAQ:ODP)
eresearch.fidelity.com - August 15 at 6:56 PM
marketwatch.com logoJohn Paulson adds Facebook, Office Depot; sheds T-Mobile, Allergan (NASDAQ:ODP)
www.marketwatch.com - August 15 at 6:55 PM
News IconAnalyst's Review on: Office Depot, Inc. (NASDAQ:ODP) - Post Registrar (NASDAQ:ODP)
postregistrar.com - August 14 at 11:03 AM
finance.yahoo.com logoOffice Depot (ODP) Banks on Strategic Initiatives for Growth (NASDAQ:ODP)
finance.yahoo.com - August 11 at 9:50 AM
finance.yahoo.com logoOFFICE DEPOT INC Financials (NASDAQ:ODP)
finance.yahoo.com - August 10 at 7:03 PM
News IconOffice Depot survey reveals only 23 percent of educators have sufficient tools to Support Early Education Preparation (NASDAQ:ODP)
eprretailnews.com - August 10 at 9:43 AM
News IconAnalysts Recommendations: Office Depot, Inc. (NASDAQ:ODP) - News Oracle (NASDAQ:ODP)
www.newsoracle.com - August 9 at 6:52 PM
streetupdates.com logoTake a look at Analyst Tips: Office Depot, Inc. (NASDAQ:ODP) , TJX Companies, Inc. (NYSE:TJX) - Street Updates (NASDAQ:ODP)
www.streetupdates.com - August 9 at 9:49 AM
News IconWilliams Companies Inc (NYSE:WMB) & Office Depot Inc (NASDAQ:ODP) Volatile Stocks to Watch - Money News (press release) (NASDAQ:ODP)
www.newsismoney.com - August 9 at 9:49 AM
streetupdates.com logoInvestors Trading Alert: Office Depot, Inc. (NASDAQ:ODP) , TOP Ships Inc. (NASDAQ:TOPS) - Street Updates (NASDAQ:ODP)
www.streetupdates.com - August 8 at 11:18 AM
businesswire.com logoOffice Depot, Inc. Survey Finds Parents Need Greater Support to Prepare Young Children for School Success - Business Wire (press release) (NASDAQ:ODP)
www.businesswire.com - August 8 at 11:18 AM
finance.yahoo.com logoOffice Depot, Inc. Survey Finds Parents Need Greater Support to Prepare Young Children for School Success (NASDAQ:ODP)
finance.yahoo.com - August 8 at 11:18 AM
streetupdates.com logoMost Recent Analysts Ratings Report: Office Depot, Inc. (NASDAQ:ODP) , Louisiana-Pacific Corporation (NYSE:LPX) - Street Updates (NASDAQ:ODP)
www.streetupdates.com - August 6 at 9:26 AM

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Office Depot (NASDAQ:ODP) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff