Office Depot Company Profile (NASDAQ:ODP)

About Office Depot (NASDAQ:ODP)

Office Depot logoOffice Depot, Inc. provides a selection of products and services to consumers and businesses of various sizes. The Company's segments include North American Retail Division and North American Business Solutions Division. The North American Retail Division includes retail stores in the United States, including Puerto Rico and the United States Virgin Islands, which offer office supplies, technology products and solutions, business machines and related supplies, facilities products and office furniture. The North American Business Solutions Division sells office supply products and services throughout North America, including the United States, Puerto Rico, the United States Virgin Islands and Canada. It operates under the Office Depot and OfficeMax brands, and utilizes other Company and product brand names, including Grand & Toy in Canada. It offers its products under various labels, such as Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark and Viking Office Products.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Office Supplies & Stationery Stores
  • Sub-Industry: Specialty Stores
  • Symbol: NASDAQ:ODP
  • CUSIP: 67622010
  • Web:
  • Market Cap: $3.0481 billion
  • Outstanding Shares: 516,640,000
Average Prices:
  • 50 Day Moving Avg: $5.65
  • 200 Day Moving Avg: $4.96
  • 52 Week Range: $3.01 - $6.11
  • Trailing P/E Ratio: 5.31
  • Foreward P/E Ratio: 9.97
  • P/E Growth: 1.03
Sales & Book Value:
  • Annual Revenue: $10.82 billion
  • Price / Sales: 0.28
  • Book Value: $3.78 per share
  • Price / Book: 1.56
  • Annual Dividend: $0.10
  • Dividend Yield: 1.7%
  • EBIDTA: $611 million
  • Net Margins: 3.93%
  • Return on Equity: 13.39%
  • Return on Assets: 4.37%
  • Debt-to-Equity Ratio: 0.59%
  • Current Ratio: 1.58%
  • Quick Ratio: 0.95%
  • Average Volume: 6.67 million shs.
  • Beta: 2.97
  • Short Ratio: 1.83
Frequently Asked Questions for Office Depot (NASDAQ:ODP)

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 declared a quarterly dividend on Tuesday, May 9th. Investors of record on Thursday, May 25th will be paid a dividend of $0.025 per share on Thursday, June 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Tuesday, May 23rd. View Office Depot's Dividend History.

How were Office Depot's earnings last quarter?

Office Depot, Inc. (NASDAQ:ODP) released its quarterly earnings results on Tuesday, May, 9th. The company reported $0.16 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.04. The business earned $2.68 billion during the quarter, compared to analysts' expectations of $2.71 billion. Office Depot had a net margin of 3.93% and a return on equity of 13.39%. The company's revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 EPS. View Office Depot's Earnings History.

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

5 equities research analysts have issued twelve-month price targets for Office Depot's stock. Their forecasts range from $4.35 to $5.25. On average, they expect Office Depot's stock price to reach $4.90 in the next year. View Analyst Ratings for Office Depot.

Are investors shorting Office Depot?

Office Depot saw a decline in short interest in the month of July. As of July 14th, there was short interest totalling 12,430,895 shares, a decline of 14.1% from the June 30th total of 14,467,204 shares. Based on an average daily trading volume, of 5,661,348 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.5% of the company's shares are sold short.

Who are some of Office Depot's key competitors?

Who are Office Depot's key executives?

Office Depot's management team includes the folowing people:

  • Gerry P. Smith, Chief Executive Officer, Director
  • Stephen E. Hare, Chief Financial Officer, Executive Vice President
  • Troy A. Rice, President - Retail Division
  • Michael Allison, Executive Vice President, Chief Administrative Officer
  • Stephen R. Calkins, Executive Vice President, Chief Legal Officer, Corporate Secretary, President - Business Solutions Division
  • Timothy J. Beauchamp, Executive Vice President - Supply Chain
  • John W. Gannfors, Executive Vice President -Transformation and Strategic Sourcing
  • Michael Rabinovitch, Senior Vice President - Finance, Chief Accounting Officer
  • Joseph S. Vassalluzzo, Non-executive Independent Chairman of the Board
  • Warren F. Bryant, Lead Independent Director

Who owns Office Depot stock?

Office Depot's stock is owned by many different of retail and institutional investors. Top institutional shareholders include ANTIPODES PARTNERS Ltd (2.18%), KAMES CAPITAL plc (0.64%), Acadian Asset Management LLC (0.53%), Bank of Montreal Can (0.26%), James Investment Research Inc. (0.20%) and Russell Investments Group Ltd. (0.19%). Company insiders that own Office Depot stock include Joseph Vassalluzzo, Juliet Johansson, Michael R Allison, Nigel Travis and Stephen R Calkins. View Institutional Ownership Trends for Office Depot.

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 Municipal Employees Retirement System of Michigan, Parametrica Management Ltd, Great West Life Assurance Co. Can, Strs Ohio, Parkwood LLC, Breton Hill Capital Ltd., Adams Asset Advisors LLC and Capstone Asset Management Co.. Company insiders that have sold Office Depot stock in the last year include Juliet Johansson, Michael R Allison and Stephen R Calkins. View Insider Buying and Selling for Office Depot.

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

Office Depot's stock was bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Bank of Montreal Can, ANTIPODES PARTNERS Ltd, Acadian Asset Management LLC, James Investment Research Inc., Russell Investments Group Ltd., Bowling Portfolio Management LLC and NN Investment Partners Holdings N.V.. Company insiders that have bought Office Depot stock in the last two years include Joseph Vassalluzzo and Nigel Travis. View Insider Buying and Selling for Office Depot.

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.

What is Office Depot's stock price today?

One share of Office Depot stock can currently be purchased for approximately $5.88.

MarketBeat Community Rating for Office Depot (NASDAQ ODP)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  459
MarketBeat's community ratings are surveys of what our community members think about Office Depot and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Office Depot (NASDAQ:ODP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.90 (16.67% downside)

Analysts' Ratings History for Office Depot (NASDAQ:ODP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/12/2017Loop CapitalReiterated RatingHold$5.00LowView Rating Details
5/10/2017Jefferies Group LLCReiterated RatingHold$4.50 -> $5.00MediumView Rating Details
5/10/2017Telsey Advisory GroupBoost Price TargetMarket Perform -> Market Perform$4.40 -> $5.25MediumView Rating Details
5/9/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
8/16/2016Morgan StanleyReiterated RatingHold$4.35N/AView Rating Details
5/16/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
5/15/2016Wells Fargo & CompanyReiterated RatingEqual WeightN/AView Rating Details
5/2/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
4/14/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
3/7/2016Credit Suisse GroupLower Price TargetOutperform$10.50 -> $8.00N/AView Rating Details
9/13/2015B. RileyUpgradeBuy$11.00N/AView Rating Details
(Data available from 7/28/2015 forward)


Earnings History for Office Depot (NASDAQ:ODP)
Earnings by Quarter for Office Depot (NASDAQ:ODP)
Earnings History by Quarter for Office Depot (NASDAQ ODP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 17$0.12$0.16$2.71 billion$2.68 billionViewListenView Earnings Details
3/1/2017Q416$0.10$0.11$2.74 billion$2.73 billionViewListenView 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)


Earnings Estimates for Office Depot (NASDAQ:ODP)
Current Year EPS Consensus Estimate: $0.54 EPS
Next Year EPS Consensus Estimate: $0.59 EPS


Current Dividend Information for Office Depot (NASDAQ:ODP)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.10
Dividend Yield:1.70%
Payout Ratio:12.05% (Trailing 12 Months of Earnings)
18.52% (Based on This Year's Estimates)
16.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Office Depot (NASDAQ:ODP)

Dividend History by Quarter for Office Depot (NASDAQ ODP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Office Depot (NASDAQ:ODP)
Insider Ownership Percentage: 2.43%
Institutional Ownership Percentage: 92.96%
Insider Trades by Quarter for Office Depot (NASDAQ:ODP)
Institutional Ownership by Quarter for Office Depot (NASDAQ:ODP)
Insider Trades by Quarter for Office Depot (NASDAQ:ODP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Michael R AllisonInsiderSell66,217$5.08$336,382.36View SEC Filing  
3/29/2017Stephen R CalkinsEVPSell45,434$4.57$207,633.38View SEC Filing  
3/21/2017Michael R AllisonInsiderSell35,000$4.61$161,350.00View SEC Filing  
3/21/2017Stephen R CalkinsEVPSell15,436$4.63$71,468.68View SEC Filing  
3/15/2017Joseph VassalluzzoChairmanBuy25,000$4.70$117,500.00View SEC Filing  
3/6/2017Stephen R CalkinsEVPSell4,532$4.51$20,439.32View SEC Filing  
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)


Headline Trends for Office Depot (NASDAQ:ODP)
Latest Headlines for Office Depot (NASDAQ:ODP)
DateHeadline logoOffice Depot, Inc. (ODP) Short Interest Update - July 28 at 2:21 AM logoStrategy To YieldBoost Office Depot From 1.7% To 9.7% Using Options - Nasdaq - July 27 at 5:54 AM logoOffice Depot, Inc. to Announce Second Quarter 2017 Results Wednesday, August 9, 2017 - July 27 at 5:54 AM logoOffice Depot, Inc. Names Veteran Technology Channel Executive to Lead Copy, Print and Tech Services - July 26 at 6:03 AM logoOffice Depot, Inc. (ODP) Given Consensus Rating of "Hold" by Analysts - July 24 at 11:16 AM logoOffice Depot, Inc Helps Teachers ‘Take Care of Back to School’ - July 21 at 5:21 AM logoOffice Depot, Inc. Helps Parents, Students and Teachers ‘Take Care of Back-to-School’ with Great Values for Quality, On-Trend Supplies While Earning 2 Percent Back in ... - July 19 at 12:45 AM logoRPT-Didn't pay your Macy's bill? Expect a text from Citigroup - Nasdaq - July 17 at 9:17 AM logoOffice Depot, Inc. Helps Parents, Students and Teachers 'Take Care of Back-to-School' with Great Values for Quality ... - Business Wire (press release) - July 17 at 9:17 AM logoOffice Depot, Inc. Helps Parents, Students and Teachers ‘Take Care of Back-to-School’ with Great Values for Quality, On-Trend Supplies While Earning 2 Percent Back in Rewards on All Purchases - July 17 at 9:17 AM logoShort Interest in Office Depot, Inc. (ODP) Declines By 27.4% - July 15 at 7:17 AM logoOffice Depot, Inc. (NASDAQ:ODP) Given Hold Rating at Loop Capital - July 12 at 3:40 PM logoOffice Depot, Inc. 'Rewards Everything' with New Loyalty Program - Business Wire (press release) - July 12 at 6:36 AM logoOffice Depot, Inc. (NASDAQ:ODP) Lowered to Hold at Zacks Investment Research - July 11 at 1:04 PM logo5 Bargain Stocks with Enticing EV/EBITDA Ratios to Own Now - July 11 at 6:17 AM logoOffice Depot, Inc. ‘Rewards Everything’ with New Loyalty Program - July 11 at 6:17 AM logoWhy Did Office Depot, Inc. Shares Gain 25% in the First Half of 2017? - July 9 at 7:43 PM logoOffice Depot, Inc. (NASDAQ:ODP) Expected to Announce Quarterly Sales of $2.45 Billion - July 8 at 10:30 AM logo Brokerages Anticipate Office Depot, Inc. (ODP) Will Post Earnings of $0.09 Per Share - July 6 at 12:52 PM logoOffice Depot Up 17% in 3 Months: Initiatives Well on Track - July 4 at 2:46 AM logoETFs with exposure to Office Depot, Inc. : July 3, 2017 - July 4 at 2:46 AM logoStrong Gains for Banks Fail to Lift Wall Street as Tech Leads Nasdaq Lower - June 30 at 2:51 AM logoThis Staples Buyout Is Cheap - June 28 at 7:18 PM logoOffice Depot, Inc. Unveils Exclusive Office Seating Collection Featuring Serta iComfort Technology - June 28 at 2:16 PM logoShort Interest in Office Depot, Inc. (ODP) Grows By 44.0% - June 28 at 7:04 AM logoOffice Depot, Inc. (ODP) Given Consensus Rating of "Hold" by Brokerages - June 27 at 10:34 AM logoOffice Depot, Inc. Launches Iconic “Taking Care of Business” Brand Platform - June 27 at 6:55 AM logoOffice Depot, Inc. Partners with Centriq Technology on Asset Management Platform - June 23 at 8:46 AM logoSycamore Partners in advanced talks to buy Staples, with ... - June 23 at 8:46 AM logoETFs with exposure to Office Depot, Inc. : June 22, 2017 - June 23 at 8:46 AM logoOffice Depot, Inc. :ODP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017 - June 22 at 6:08 AM logoU.S. to seek to block DraftKings, FanDuel fantasy sports merger - June 19 at 7:39 PM logoHow Has Office Depot (ODP) Performed 30 Days Post Earnings? - Nasdaq - June 14 at 4:19 PM logoHow Has Office Depot (ODP) Performed 30 Days Post Earnings? - June 14 at 4:19 PM featured highlights: Office Depot, Citizens Financial Group, Fiat Chrysler Automobiles and MGM Growth Properties - June 14 at 4:19 PM logo$2.45 Billion in Sales Expected for Office Depot, Inc. (ODP) This Quarter - June 14 at 11:58 AM logo$0.09 Earnings Per Share Expected for Office Depot, Inc. (ODP) This Quarter - June 12 at 12:14 PM logoShort Interest in Office Depot Inc (ODP) Rises By 30.4% - June 11 at 7:20 AM logoOffice Depot Inc (ODP) Upgraded at BidaskClub - June 10 at 6:44 PM logoWhy Office Depot Inc (ODP) is Such a Great Value Stock Pick Right Now - - June 10 at 12:18 AM logoWhy Office Depot Inc (ODP) is Such a Great Value Stock Pick Right Now - June 8 at 1:09 PM logoWhy Office Depot (ODP) is Such a Great Value Stock Pick Right Now - June 8 at 9:36 AM logoEarnings Estimates Moving Higher for Office Depot (ODP): Time to Buy? - Nasdaq - June 6 at 7:45 PM logoEarnings Estimates Moving Higher for Office Depot (ODP): Time to Buy? - June 6 at 7:45 PM logoInstant Analysis: Office Depot Selling Operations in Mainland China - June 5 at 8:38 AM logoFeatured Company News –Office Depot Divests its Chinese Operations - June 5 at 8:38 AM logoOffice Depot (ODP) to Sell Its Business in Mainland China - June 3 at 6:29 PM logoOffice Depot To Sell Operations In Mainland China - June 3 at 2:04 AM logoOffice Depot reaches agreement to sell China operations to Shanghai company for undisclosed sum - MarketWatch - June 2 at 9:03 PM logoOffice Depot Announces Deal to Sell Operations in Mainland China - June 2 at 9:03 PM



Office Depot (ODP) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff