NASDAQ:ODP - Office Depot Stock Price, Price Target & More

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

Office Depot declared a quarterly dividend on Wednesday, May 9th. Investors of record on Friday, May 25th will be given a dividend of $0.025 per share on Friday, June 15th. This represents a $0.10 annualized dividend and a yield of 3.69%. The ex-dividend date is Thursday, May 24th. View Office Depot's Dividend History.

Office Depot Inc (NASDAQ:ODP) released its quarterly earnings results on Wednesday, May, 9th. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.08. The specialty retailer had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.74 billion. Office Depot had a return on equity of 9.60% and a net margin of 1.01%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the business earned $0.16 EPS. View Office Depot's Earnings History.

Office Depot is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Office Depot.

5 Wall Street analysts have issued 12 month target prices for Office Depot's shares. Their predictions range from $3.00 to $5.00. On average, they anticipate Office Depot's share price to reach $4.05 in the next year. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Ratings for Office Depot.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Depot in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Office Depot saw a increase in short interest in June. As of June 29th, there was short interest totalling 28,674,768 shares, an increase of 16.4% from the June 15th total of 24,627,553 shares. Based on an average daily volume of 9,370,003 shares, the short-interest ratio is presently 3.1 days. Approximately 5.7% of the company's stock are short sold. View Office Depot's Current Options Chain.

Some companies that are related to Office Depot include Dicks Sporting Goods (DKS), Hibbett Sports (HIBB), Barnes & Noble (BKS), Barnes & Noble Education (BNED), Sportsman's Warehouse (SPWH) and Big 5 Sporting Goods (BGFV).

News articles about ODP stock have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Office Depot earned a news impact score of 0.09 on Accern's scale. They also assigned news coverage about the specialty retailer an impact score of 46.87 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Office Depot's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Creative Planning (0.11%), James Investment Research Inc. (0.06%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Office Depot stock include Joseph T Lower, Joseph Vassalluzzo, Juliet Johansson, Michael R Allison, Michael Rabinovitch, Nigel Travis and Stephen R Calkins. View Institutional Ownership Trends for Office Depot.

ODP stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc.. Company insiders that have sold Office Depot company stock in the last year include Michael R Allison and Michael Rabinovitch. View Insider Buying and Selling for Office Depot.

ODP stock was acquired by a variety of institutional investors in the last quarter, including Creative Planning, State of Alaska Department of Revenue, Louisiana State Employees Retirement System and Nisa Investment Advisors 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.

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.

One share of ODP stock can currently be purchased for approximately $2.71.

Office Depot has a market capitalization of $1.54 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.

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]