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: $4.64
  • 50 Day Moving Average: $4.49
  • 200 Day Moving Average: $4.08
  • 52-Week Range: $3.01 - $7.91
  • Trailing P/E Ratio: 8.23
  • Foreward P/E Ratio: 10.09
  • P/E Growth: 0.94
  • Market Cap: $2.45B
  • Outstanding Shares: 528,383,000
  • Beta: 3.26
Profitability:
  • Net Margins: 2.41%
  • Return on Equity: 11.70%
  • Return on Assets: 3.33%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 1.46%
  • Quick Ratio: 0.94%
Additional Links:
Companies Related to Office Depot:

Analyst Ratings

Consensus Ratings for Office Depot (NASDAQ:ODP) (?)
Ratings Breakdown: 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $5.52 (18.97% upside)

Analysts' Ratings History for Office Depot (NASDAQ:ODP)
Show:
DateFirmActionRatingPrice TargetDetails
12/13/2016Loop CapitalInitiated CoverageHoldView Rating Details
10/28/2016Telsey Advisory GroupLower Price TargetMarket Perform$5.00 -> $4.50View Rating Details
8/16/2016Morgan StanleyReiterated RatingHold$4.35View Rating Details
5/26/2016Jefferies Group LLCDowngradeBuy -> Hold$5.25View Rating Details
5/16/2016Bank of America CorpReiterated RatingBuyView Rating Details
5/15/2016Wells Fargo & CompanyReiterated RatingEqual WeightView Rating Details
5/2/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
4/14/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
3/7/2016Credit Suisse GroupLower 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
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Office Depot (NASDAQ:ODP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017ListenView 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)

Estimates

Earnings Estimates for Office Depot (NASDAQ:ODP)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $0.46 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:2.16%
Payout Ratio:17.54% (Based on Trailing 12 Months of Earnings)
24.39% (Based on Current Year Consensus EPS Estimate)
21.74% (Based on Next Year Consensus EPS Estimate)

Dividend History for Office Depot (NASDAQ:ODP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/14/2017quarterly$0.032.19%3/1/20173/3/20173/15/2017
11/2/2016quarterly$0.032.85%11/22/201611/25/201612/15/2016
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)
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 94.05%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Office Depot (NASDAQ:ODP)
DateHeadline
nasdaq.com logoODP Crosses Above Average Analyst Target (NASDAQ:ODP)
www.nasdaq.com - February 22 at 7:06 PM
News IconStocks To Look Out For Office Depot Inc (NASDAQ:ODP), Twenty-First Century Fox Inc (NASDAQ:FOX) - Wall Street Times (press release) (NASDAQ:ODP)
www.wallstreetnews24.com - February 22 at 9:04 AM
News IconOffice Depot, Inc. (NASDAQ:ODP) Target Price At $4.541 - Transcript Daily (NASDAQ:ODP)
transcriptdaily.com - February 22 at 9:04 AM
News IconOffice Depot, Inc. (ODP) : How Do the Technicals Stack Up? - The USA Commerce (NASDAQ:ODP)
theusacommerce.com - February 22 at 9:04 AM
News IconIs It Time to go for Office Depot, Inc. (ODP), Zynga Inc. (ZNGA)? - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 22 at 9:03 AM
News IconThe Charts For Office Depot, Inc. (ODP) Is Attracting Massive Attention - NY Stock News (NASDAQ:ODP)
nystocknews.com - February 22 at 9:03 AM
4-traders.com logoOffice Depot : Drury Inn Hotel completes renovation; another Jimmy John's to open soon (NASDAQ:ODP)
www.4-traders.com - February 20 at 6:18 PM
News IconTraders Secrets on MRC Global Inc. (MRC), Office Depot, Inc. (ODP ... - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 20 at 9:41 AM
News IconEPS Target Of Office Depot, Inc. (NASDAQ:ODP)Set At $0.1 ... - Transcript Daily (NASDAQ:ODP)
transcriptdaily.com - February 19 at 6:02 PM
News IconABR Of Office Depot, Inc. (NASDAQ:ODP) Stock At 3 | Stock Observer - Stock Observer (NASDAQ:ODP)
www.thestockobserver.com - February 19 at 9:37 AM
News IconThe Case for and Against Office Depot, Inc. (ODP) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 19 at 9:37 AM
streetinsider.com logoForm 4 OFFICE DEPOT INC For: Feb 13 Filed by: Koch John Robert (NASDAQ:ODP)
www.streetinsider.com - February 16 at 6:35 PM
News IconOffice Depot, Inc. (NASDAQ:ODP) PT Suggests Stock Is Worth Around $4.99 (NASDAQ:ODP)
nyhetsbanken.info - February 16 at 6:35 PM
marketexclusive.com logoOFFICE DEPOT, INC. (NASDAQ:ODP) Files An 8-K Regulation FD Disclosure (NASDAQ:ODP)
marketexclusive.com - February 16 at 6:35 PM
istreetwire.com logo3 Trending Stocks: Office Depot, Inc. (ODP), Memorial Production ... - iStreetWire (NASDAQ:ODP)
istreetwire.com - February 16 at 6:35 PM
News IconHow Does the Chart Look for Office Depot, Inc. (ODP) ? - The USA Commerce (NASDAQ:ODP)
theusacommerce.com - February 16 at 6:35 PM
News IconService Corporation International (SCI), Office Depot, Inc. (ODP) Stock Eyes Ahead of Earnings - The USA Commerce (NASDAQ:ODP)
theusacommerce.com - February 16 at 6:35 PM
News IconAnalyst's Predictions on Ciena Corporation (CIEN), Office Depot, Inc. (ODP) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 16 at 6:35 PM
News IconAnalyst's Predictions on Ciena Corporation (CIEN), Office Depot, Inc. (ODP) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 16 at 6:35 PM
News IconOffice Depot, Inc. (NASDAQ:ODP) Projected to Achieve EPS Of $0.1 ... - Stock Observer (NASDAQ:ODP)
www.thestockobserver.com - February 16 at 6:35 PM
News IconOffice Depot, Inc. (NASDAQ:ODP) Projected to Achieve EPS Of $0.1 ... - Stock Observer (NASDAQ:ODP)
www.thestockobserver.com - February 16 at 6:35 PM
biz.yahoo.com logoOFFICE DEPOT INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:ODP)
us.rd.yahoo.com - February 16 at 6:35 PM
News IconRevenue Approximations Analysis: Office Depot, Inc. (ODP), Zayo Group Holdings, Inc. (ZAYO) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 16 at 6:35 PM
News IconRevenue Approximations Analysis: Office Depot, Inc. (ODP), Zayo ... - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 16 at 6:35 PM
finance.yahoo.com logoOffice Depot, Inc. to Announce Fourth Quarter and Full Year 2016 Results Wednesday, March 1, 2017 (NASDAQ:ODP)
finance.yahoo.com - February 16 at 6:35 PM
finance.yahoo.com logoOffice Depot, Inc. to Announce Fourth Quarter and Full Year 2016 Results Wednesday, March 1, 2017 (NASDAQ:ODP)
finance.yahoo.com - February 16 at 6:35 PM
News IconOxford Asset Management Raises Position in Office Depot, Inc. (ODP) (NASDAQ:ODP)
techknowbits.com - February 15 at 3:20 AM
News IconOffice Depot, Inc. (ODP) to Issue Quarterly Dividend of $0.03 (NASDAQ:ODP)
www.graffiotech.com - February 15 at 3:20 AM
4-traders.com logoStaples : Technical Reports on Specialty Retail Stocks -- Alibaba, eBay, Office Depot, and Staples (NASDAQ:ODP)
www.4-traders.com - February 14 at 10:20 PM
finance.yahoo.com logoOffice Depot Declares Quarterly Cash Dividend of $0.025 Per Share (NASDAQ:ODP)
finance.yahoo.com - February 14 at 10:20 PM
biz.yahoo.com logoOFFICE DEPOT INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:ODP)
biz.yahoo.com - February 14 at 10:20 PM
openpr.com logoOffice Depot Inc (NASDAQ:ODP) Investor Investigation over possible Securities Laws Violations (NASDAQ:ODP)
www.openpr.com - February 14 at 1:14 AM
News IconCustomer blames Office Depot for fall (NASDAQ:ODP)
louisianarecord.com - February 13 at 8:12 PM
News IconTrading Ledger: Keeping an Eye on Office Depot, Inc. (NASDAQ:ODP) - Baldwin Journal (NASDAQ:ODP)
baldwinjournal.com - February 11 at 6:00 AM
News IconLookout for Price Target? Office Depot, Inc. (ODP), Teradata Corporation (TDC) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 11 at 6:00 AM
News IconInvestor Investigation over possible Securities Laws Violations by Office Depot Inc (NASDAQ:ODP) (NASDAQ:ODP)
www.groundreport.com - February 10 at 1:07 AM
News IconOffice Depot, Inc. (NASDAQ:ODP) Projected EPS At $0.1 | Stock ... - Stock Observer (NASDAQ:ODP)
www.thestockobserver.com - February 9 at 8:05 PM
News IconPrice Target Of Office Depot, Inc. (NASDAQ:ODP)At $4.625 ... - Transcript Daily (NASDAQ:ODP)
transcriptdaily.com - February 9 at 8:05 PM
News IconLooking at the Tea Leaves for Office Depot, Inc. (ODP) - The USA Commerce (NASDAQ:ODP)
theusacommerce.com - February 8 at 7:56 PM
News IconWhy Investors remained confident on Office Depot, Inc. (ODP), Opko ... - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 8 at 7:56 PM
News IconTaking a Look at the Chart for Office Depot, Inc. (ODP) - The USA Commerce (NASDAQ:ODP)
www.theusacommerce.com - February 8 at 1:07 AM
News IconOffice Depot, Inc. (ODP): From Top to Bottom | StockNewsJournal - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 8 at 1:07 AM
News IconOffice Depot, Inc. (NASDAQ:ODP) Mean Price Target At $4.625 ... - Transcript Daily (NASDAQ:ODP)
transcriptdaily.com - February 5 at 11:48 PM
News IconInfluential Analyst Rating Changes: Brooks Automation, Inc. (BRKS), Office Depot, Inc. (ODP) (NASDAQ:ODP)
interiordesignfuture.com - February 4 at 5:51 AM
News IconAnalyst's Proposition on The Interpublic Group of Companies, Inc ... - The USA Commerce (NASDAQ:ODP)
theusacommerce.com - February 3 at 7:48 PM
News IconOffice Depot, Inc. (ODP): What's the Story? - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 3 at 7:48 PM
News IconOffice Depot, Inc. (NASDAQ:ODP) Projected EPS At $0.1 - Stock Observer (NASDAQ:ODP)
www.thestockobserver.com - February 3 at 12:59 AM
News IconOffice Depot, Inc. (NASDAQ:ODP) EPS Estimate At $0.1 - Transcript Daily (NASDAQ:ODP)
transcriptdaily.com - February 2 at 7:55 PM
News IconTaking a Look at the Data Behind Office Depot, Inc. (ODP) - StockNewsJournal (NASDAQ:ODP)
stocknewsjournal.com - February 2 at 7:55 PM
sbwire.com logoNASDAQ:ODP Shareholder News: Investigation over Possible Securities Laws Violations by Office Depot Inc (NASDAQ:ODP)
www.sbwire.com - February 1 at 8:07 PM

Social

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, February 14th. Shareholders of record on Friday, March 3rd will be paid a dividend of $0.025 per share on Wednesday, March 15th. This represents a $0.10 annualized dividend and a yield of 2.16%. The ex-dividend date is Wednesday, March 1st.

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

9 brokerages have issued 12 month target prices for Office Depot's shares. Their predictions range from $4.35 to $8.00. On average, they expect Office Depot's share price to reach $5.52 in the next year.

When will Office Depot announce their earnings?

Office Depot is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

Who owns Office Depot stock?

Office Depot's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (8.81%), Dimensional Fund Advisors LP (4.17%), State Street Corp (3.45%), Paulson & CO. Inc. (2.89%), ANTIPODES PARTNERS Ltd (1.55%) and AQR Capital Management LLC (1.41%). Company insiders that own Office Depot stock include Juliet Johansson, Michael R Allison and Nigel Travis.

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 Glenhill Advisors LLC, Hotchkis & Wiley Capital Management LLC, FMR LLC, Thornburg Investment Management Inc., State Street Corp, Federated Investors Inc. PA, Saba Capital Management L.P. and Brown Advisory Inc.. Company insiders that have sold Office Depot stock in the last year include Juliet Johansson and Michael R Allison.

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

Office Depot's stock was acquired by a variety of institutional investors in the last quarter, including Paulson & CO. Inc., ANTIPODES PARTNERS Ltd, Dimensional Fund Advisors LP, Numeric Investors LLC, Bogle Investment Management L P DE, Renaissance Technologies LLC, AQR Capital Management LLC and Manikay Partners LLC.

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 $4.64.

Office Depot (NASDAQ:ODP) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Office Depot (NASDAQ:ODP)

Earnings History Chart

Earnings by Quarter for Office Depot (NASDAQ:ODP)

Dividend History Chart

Dividend Payments by Quarter for Office Depot (NASDAQ:ODP)

Last Updated on 2/22/2017 by MarketBeat.com Staff