Office Depot, Inc provides business services and supplies, products, and technology solutions. The company operates in three divisions: Business Solutions, Retail, and CompuCom. The Business Solutions division offers office supply products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, U.S.
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Industry, Sector and Symbol
Industry Miscellaneous shopping goods stores
Sub-IndustrySpecialty Stores
SectorRetail/Wholesale
Phone561-438-4800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$11.02 billion
Profitability
Miscellaneous
Employees44,000
Next Earnings Date11/6/2019 (Estimated)
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, August 7th. Stockholders of record on Friday, August 23rd will be given a dividend of $0.025 per share on Friday, September 13th. This represents a $0.10 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend is Thursday, August 22nd. View Office Depot's Dividend History.
How will Office Depot's stock buyback program work?
Office Depot announced that its board has approved a share buyback program on Tuesday, November 20th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its shares are undervalued.
How were Office Depot's earnings last quarter?
Office Depot Inc (NASDAQ:ODP) released its earnings results on Wednesday, August, 7th. The specialty retailer reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The specialty retailer earned $2.59 billion during the quarter, compared to the consensus estimate of $2.59 billion. Office Depot had a return on equity of 9.35% and a net margin of 0.27%. The company's quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 EPS. View Office Depot's Earnings History.
When is Office Depot's next earnings date?
What guidance has Office Depot issued on next quarter's earnings?
Office Depot issued an update on its FY 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $10.8-10.9 billion, compared to the consensus revenue estimate of $10.84 billion.
What price target have analysts set for ODP?
2 brokers have issued 12-month price objectives for Office Depot's shares. Their forecasts range from $1.20 to $4.00. On average, they anticipate Office Depot's share price to reach $2.60 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for Office Depot.
What is the consensus analysts' recommendation for Office Depot?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Depot in the last year. There are currently 1 sell rating and 1 hold 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 articles about ODP stock have trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Office Depot earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media headlines about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Office Depot.
Who are some of Office Depot's key competitors?
What other stocks do shareholders of Office Depot own?
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. Joseph T. Lower, Exec. VP & CFO (Age 52)
- Mr. N. David Bleisch, Exec. VP, Chief Legal & Admin. Officer and Corp. Sec. (Age 60)
- Ms. Jerri L. DeVard, Exec. VP & Chief Customer Officer (Age 61)
- Mr. Scott A. Kriss, Sr. VP & Chief Accounting Officer (Age 51)
Who are Office Depot's major shareholders?
Office Depot's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Investors Asset Management of Georgia Inc. GA ADV (0.07%), Denali Advisors LLC (0.05%), CLARET ASSET MANAGEMENT Corp (0.05%), Meeder Asset Management Inc. (0.01%) and Nisa Investment Advisors LLC (0.00%). Company insiders that own Office Depot stock include Joseph T Lower, Joseph Vassalluzzo, Michael Rabinovitch and Nigel Travis. View Institutional Ownership Trends for Office Depot.
Which institutional investors are selling Office Depot stock?
Which institutional investors are buying Office Depot stock?
ODP stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Denali Advisors LLC, Investors Asset Management of Georgia Inc. GA ADV and Meeder Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Office Depot's stock price today?
One share of ODP stock can currently be purchased for approximately $1.99.
How big of a company is Office Depot?
Office Depot has a market capitalization of $1.09 billion and generates $11.02 billion in revenue each year. The specialty retailer earns $104 million in net income (profit) each year or $0.35 on an earnings per share basis. Office Depot employs 44,000 workers across the globe.View Additional Information About Office Depot.
What is Office Depot's official website?
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)
MarketBeat'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.
