NASDAQ:ODP - Office Depot Stock Price, News, & Analysis

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

Office Depot announced a quarterly dividend on Tuesday, August 7th. Stockholders of record on Friday, August 24th will be given a dividend of $0.025 per share on Friday, September 14th. This represents a $0.10 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Thursday, August 23rd. View Office Depot's Dividend History.

Office Depot Inc (NASDAQ:ODP) posted its earnings results on Tuesday, August, 7th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. The specialty retailer had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.61 billion. Office Depot had a net margin of 0.91% and a return on equity of 9.20%. During the same period in the previous year, the firm earned $0.06 earnings per share. View Office Depot's Earnings History.

Office Depot is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Office Depot.

4 equities research analysts have issued twelve-month target prices for Office Depot's shares. Their predictions range from $4.00 to $4.15. On average, they anticipate Office Depot's stock price to reach $4.0750 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Price Targets for Office Depot.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Depot in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Office Depot.

Office Depot saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 26,369,546 shares, a decrease of 9.6% from the July 13th total of 29,181,153 shares. Based on an average trading volume of 4,401,878 shares, the short-interest ratio is currently 6.0 days. Currently, 5.1% of the shares of the company are sold short. 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).

Press coverage about ODP stock has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Office Depot earned a daily sentiment score of 0.01 on Accern's scale. They also assigned news coverage about the specialty retailer an impact score of 48.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Office Depot.

Office Depot's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.04%), Dimensional Fund Advisors LP (7.69%), Lee Thomas H Partners LP (4.05%), LSV Asset Management (2.50%), Towle & Co. (2.16%) and SG Americas Securities LLC (1.85%). 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 Lee Thomas H Partners LP, ANTIPODES PARTNERS Ltd, James Investment Research Inc., Engineers Gate Manager LP, California Public Employees Retirement System, Federated Investors Inc. PA, MetLife Investment Advisors LLC and Russell Investments Group Ltd.. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., SG Americas Securities LLC, Laurion Capital Management LP, Dimensional Fund Advisors LP, Millennium Management LLC, Aristotle Fund L.P., OppenheimerFunds Inc. and BNP Paribas Arbitrage SA. 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 $3.24.

Office Depot has a market capitalization of $1.66 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]