NASDAQ:ODP - Office Depot Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $2.99 -0.03 (-0.99 %) (As of 01/21/2019 02:34 AM ET)Previous Close$2.99Today's Range$2.95 - $3.0352-Week Range$2.00 - $3.63Volume3.66 million shsAverage Volume5.59 million shsMarket Capitalization$1.64 billionP/E Ratio6.64Dividend Yield3.34%Beta2.65 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Office Depot, Inc., together with its subsidiaries, provides various products and services. It operates in three divisions: Retail, Business Solutions, and CompuCom. The Retail division operates retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and office furniture in the United States, Puerto Rico, and the U.S. Virgin Islands. Its stores also provide printing, reproduction, mailing, and shipping services. As of December 31, 2017, this division operated 1,378 office supply stores. The Business Solutions division sells office supply products and services through sales forces, catalogs, and telesales, as well as through Internet sites in the United States, Puerto Rico, U.S. Virgin Islands, and Canada. The CompuCom division sells information technology (IT) outsourcing services and products in the United States, Canada, and Costa Rica. It offers a range of solutions, including end user computing (tablets, smartphones, laptops, and desktops), data center management, service desk, network infrastructure, and IT workforce solutions. This division serves its customers through IT service and sales representatives and telesales, as well as Internet sites. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, and Grand & Toy. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida. Receive ODP News and Ratings via Email Sign-up to receive the latest news and ratings for ODP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Miscellaneous shopping goods stores Sub-IndustrySpecialty Stores SectorRetail/Wholesale Current SymbolNASDAQ:ODP Previous Symbol CUSIP67622010 Webwww.officedepot.com Phone561-438-4800Debt Debt-to-Equity Ratio0.75 Current Ratio1.35 Quick Ratio0.89Price-To-Earnings Trailing P/E Ratio6.64 Forward P/E Ratio8.79 P/E GrowthN/A Sales & Book Value Annual Sales$10.24 billion Price / Sales0.16 Cash Flow$0.7766 per share Price / Cash Flow3.85 Book Value$4.11 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$0.45 Net Income$181 million Net Margins0.59% Return on Equity8.90% Return on Assets3.01%Miscellaneous Employees45,000 Outstanding Shares547,200,000Market Cap$1.64 billion OptionableOptionable Office Depot (NASDAQ:ODP) Frequently Asked Questions 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 Wednesday, November 7th. Stockholders of record on Friday, November 23rd will be given a dividend of $0.025 per share on Friday, December 14th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, November 21st. View Office Depot's Dividend History. How will Office Depot's stock buyback program work? Office Depot declared that its board has authorized a stock buyback program on Tuesday, November 20th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued. How were Office Depot's earnings last quarter? Office Depot Inc (NASDAQ:ODP) issued its quarterly earnings data on Wednesday, November, 7th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The specialty retailer earned $2.89 billion during the quarter, compared to the consensus estimate of $2.83 billion. Office Depot had a return on equity of 8.90% and a net margin of 0.59%. The business's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. View Office Depot's Earnings History. When is Office Depot's next earnings date? Office Depot is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Office Depot. What guidance has Office Depot issued on next quarter's earnings? Office Depot issued an update on its FY 2019 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $11.1-11.1 billion, compared to the consensus revenue estimate of $10.79 billion.Office Depot also updated its FY 2018 guidance to EPS. What price target have analysts set for ODP? 4 brokers have issued twelve-month price objectives for Office Depot's stock. Their predictions range from $4.00 to $5.00. On average, they expect Office Depot's share price to reach $4.50 in the next year. This suggests a possible upside of 50.5% from the stock's current price. View Analyst Price Targets for Office Depot. What is the consensus analysts' recommendation for Office Depot? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Depot in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Office Depot. Has Office Depot been receiving favorable news coverage? News headlines about ODP stock have trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Office Depot earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. Are investors shorting Office Depot? Office Depot saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 12,900,190 shares, a decline of 12.8% from the December 14th total of 14,785,709 shares. Based on an average daily trading volume, of 8,682,868 shares, the short-interest ratio is presently 1.5 days. Currently, 2.4% of the company's shares are short sold. View Office Depot's Current Options Chain. Who are some of Office Depot's key competitors? Some companies that are related to Office Depot include Dicks Sporting Goods (DKS), Barnes & Noble (BKS), Hibbett Sports (HIBB), Barnes & Noble Education (BNED), Sportsman's Warehouse (SPWH) and Big 5 Sporting Goods (BGFV). Who are Office Depot's key executives? Office Depot's management team includes the folowing people: Mr. Gerry P. Smith, CEO & Director (Age 56)Mr. Brian Todd Hale, Exec. VP & Chief Information Officer (Age 46)Mr. John W. Gannfors, Exec. VP and Chief Merchandising & Supply Chain Officer (Age 53)Mr. Stephen Robert Calkins, Pres of Bus. Solutions Division (Age 48)Mr. Joseph T. Lower, Exec. VP & CFO (Age 52) Who are Office Depot's major shareholders? Office Depot's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.04%), Virtu Financial LLC (0.02%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Office Depot stock include Joseph T Lower, Joseph Vassalluzzo, Michael R Allison, Michael Rabinovitch, Nigel Travis and Stephen R Calkins. View Institutional Ownership Trends for Office Depot. Which major investors are selling Office Depot stock? ODP stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc. and Louisiana State Employees Retirement System. View Insider Buying and Selling for Office Depot. Which major investors are buying Office Depot stock? ODP stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought Office Depot stock in the last two years include Joseph T Lower, Joseph Vassalluzzo and Nigel Travis. View Insider Buying and Selling for Office Depot. How do I buy shares of Office Depot? Shares of ODP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Office Depot's stock price today? One share of ODP stock can currently be purchased for approximately $2.99. How big of a company is Office Depot? Office Depot has a market capitalization of $1.64 billion and generates $10.24 billion in revenue each year. The specialty retailer earns $181 million in net income (profit) each year or $0.45 on an earnings per share basis. Office Depot employs 45,000 workers across the globe. What is Office Depot's official website? The official website for Office Depot is http://www.officedepot.com. How can I contact Office Depot? Office Depot's mailing address is 6600 NORTH MILITARY TRAIL, BOCA RATON FL, 33496. The specialty retailer can be reached via phone at 561-438-4800 or via email at [email protected] MarketBeat Community Rating for Office Depot (NASDAQ ODP)Community Ranking: 1.8 out of 5 ()Outperform Votes: 280 (Vote Outperform)Underperform Votes: 496 (Vote Underperform)Total Votes: 776MarketBeat's community ratings are surveys of what our community members think about Office Depot and other stocks. Vote "Outperform" if you believe ODP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ODP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/21/2019 by MarketBeat.com StaffFeatured Article: What is a Fiduciary?