CoreSite Realty Corp. Company Profile (NYSE:COR)

About CoreSite Realty Corp.

CoreSite Realty Corp. logoCoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust (REIT). Through its controlling interest in CoreSite, L.P. (Operating Partnership), the Company is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. It delivers data center and interconnection solutions across approximately eight North American markets. It offers colocation and interconnection solutions for networks, cloud and information technology (IT) service providers and enterprise companies spanning a range of industries. The Company connects and delivers data and information technology infrastructure to approximately 900 enterprises, network operators, cloud providers and supporting service providers.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: COR
  • CUSIP: 21870Q10
Key Metrics:
  • Previous Close: $80.00
  • 50 Day Moving Average: $83.55
  • 200 Day Moving Average: $75.37
  • Trailing P/E Ratio: 59.88
  • Foreward P/E Ratio: 19.00
  • P/E Growth: 1.45
  • Market Cap: $2.68B
  • Outstanding Shares: 33,561,000
  • Beta: 0.89
Additional Links:
Companies Related to CoreSite Realty Corp.:

Analyst Ratings

Consensus Ratings for CoreSite Realty Corp. (NYSE:COR) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $81.31 (1.64% upside)

Analysts' Ratings History for CoreSite Realty Corp. (NYSE:COR)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016Jefferies GroupReiterated RatingBuyView Rating Details
7/29/2016Stifel NicolausLower Price TargetSell$79.00 -> $75.00View Rating Details
7/21/2016SunTrust Banks Inc.Initiated CoverageBuy$100.00View Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$75.00 -> $88.00View Rating Details
6/7/2016Canaccord GenuityInitiated CoverageBuy$92.00View Rating Details
4/29/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
2/16/2016Royal Bank Of CanadaBoost Price TargetOutperform$64.00 -> $70.00View Rating Details
11/11/2015BB&T Corp.Initiated CoverageAverage -> Buy$65.50View Rating Details
10/23/2015Cowen and CompanyBoost Price TargetMarket Perform$55.00 -> $60.00View Rating Details
7/2/2015Robert W. BairdBoost Price Target$55.00 -> $56.00View Rating Details
6/16/2015Cantor FitzgeraldBoost Price TargetHold$40.00 -> $46.00View Rating Details
4/16/2015Evercore Partners Inc.Reiterated RatingBuy -> Hold$50.00 -> $51.00View Rating Details
4/16/2015Evercore ISIDowngradeBuy -> Hold$50.00 -> $51.00View Rating Details
2/12/2015MLV & Co.Set Price TargetBuy$51.00View Rating Details
2/10/2015Bank of America Corp.UpgradeNeutral -> Buy$40.00 -> $48.00View Rating Details
(Data available from 8/23/2014 forward)

Earnings

Earnings History for CoreSite Realty Corp. (NYSE:COR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/28/2016Q216$0.86$0.89$96.09 million$96.10 millionViewListenView Earnings Details
4/28/2016Q116$0.83$0.86$93.90 million$92.48 millionViewListenView Earnings Details
2/11/2016Q415$0.78$0.80$88.84 million$90.92 millionViewListenView Earnings Details
10/22/2015Q315$0.72$0.74$82.57 million$86.60 millionViewListenView Earnings Details
7/23/2015Q215$0.64$0.68$77.89 million$81.46 millionViewListenView Earnings Details
4/23/2015Q115$0.61$0.64$75.03 million$74.75 millionViewListenView Earnings Details
2/12/2015Q414$0.15$0.21$70.89 million$72.50 millionViewListenView Earnings Details
10/30/2014Q314$0.53$0.55$68.50 million$70.52 millionViewListenView Earnings Details
7/23/2014Q214$0.51$0.51$64.95 million$65.70 millionViewListenView Earnings Details
4/24/2014Q114$0.48$0.49$63.25 million$63.70 millionViewListenView Earnings Details
2/13/2014Q413$0.48$0.49$62.60 million$61.44 millionViewListenView Earnings Details
10/31/2013Q313$0.46$0.47$60.20 million$60.64 millionViewListenView Earnings Details
7/25/2013Q213$0.43$0.45$58.08 million$57.70 millionViewListenView Earnings Details
4/24/2013Q113$0.41$0.41$56.24 million$55.10 millionViewListenView Earnings Details
2/22/2013$0.40$0.42$54.17 million$55.30 millionViewListenView Earnings Details
11/1/2012Q312$0.38$0.40$49.44 million$53.80 millionViewN/AView Earnings Details
7/26/2012$0.36$0.37ViewN/AView Earnings Details
4/26/2012$0.34$0.36ViewN/AView Earnings Details
2/23/2012$0.33$0.34ViewN/AView Earnings Details
11/3/2011$0.29$0.35ViewN/AView Earnings Details
8/4/2011$0.27$0.30ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CoreSite Realty Corp. (NYSE:COR)
Current Year EPS Consensus Estimate: $3.62 EPS
Next Year EPS Consensus Estimate: $4.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.79$0.87$0.83
Q2 20163$0.81$0.86$0.84
Q3 20164$0.84$0.92$0.89
Q4 20164$0.88$0.98$0.95
Q1 20172$1.01$1.02$1.02
Q2 20172$1.01$1.04$1.03
Q3 20172$1.04$1.08$1.06
Q4 20172$1.09$1.11$1.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CoreSite Realty Corp. (NYSE:COR)
Annual Dividend:$2.12
Dividend Yield:2.65%
Payout Ratio:160.61% (Based on Trailing 12 Months of Earnings)
58.56% (Based on Current Year Consensus EPS Estimate)
50.36% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:32.60% (3 Year Average)

Dividend History for CoreSite Realty Corp. (NYSE:COR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/20/2016quarterly$0.532.84%6/28/20166/30/20167/15/2016
3/4/2016quarterly$0.533.27%3/29/20163/31/20164/15/2016
12/3/2015quarterly$0.533.68%12/29/201512/31/20151/15/2016
9/1/2015quarterly$0.423.5%9/28/20159/30/201510/15/2015
5/21/2015quarterly$0.423.55%6/26/20156/30/20157/15/2015
3/13/2015quarterly$0.423.58%3/27/20153/31/20154/15/2015
12/8/2014quarterly$0.424.36%12/29/201412/31/20141/15/2015
8/29/2014quarterly$0.353.91%9/26/20149/30/201410/15/2014
5/30/2014quarterly$0.354.41%6/26/20146/30/20147/15/2014
3/6/2014quarterly$0.354.54%3/27/20143/31/20144/15/2014
12/6/2013quarterly$0.353.65%12/27/201312/31/20131/15/2014
8/30/2013quarterly$0.273.6%9/26/20139/30/201310/15/2013
5/24/2013quarterly$0.273.2%6/26/20136/28/20137/15/2013
3/5/2013quarterly$0.273.1%3/26/20133/28/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CoreSite Realty Corp. (NYSE:COR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2016Dominic M TobinSVPSell10,000$81.65$816,500.00View SEC Filing  
8/16/2016Paul E SzurekDirectorBuy1,000$81.20$81,200.00View SEC Filing  
8/16/2016Thomas M RayInsiderSell21,179$81.57$1,727,571.03View SEC Filing  
8/1/2016Derek MccandlessSVPSell10,000$82.37$823,700.00View SEC Filing  
8/1/2016Jeffrey S FinninCFOSell8,000$82.61$660,880.00View SEC Filing  
5/16/2016Peter D StapleCEOBuy12,500$3.60$45,000.00View SEC Filing  
5/2/2016Derek MccandlessSVPSell10,000$75.47$754,700.00View SEC Filing  
5/2/2016Jeffrey S FinninCFOSell4,000$75.52$302,080.00View SEC Filing  
4/7/2016Derek MccandlessSVPSell635$70.78$44,945.30View SEC Filing  
4/7/2016Thomas M RayCEOSell4,185$70.75$296,088.75View SEC Filing  
4/5/2016Jeffrey S FinninCFOSell1,595$70.24$112,032.80View SEC Filing  
3/14/2016Jeffrey S FinninCFOSell4,000$67.00$268,000.00View SEC Filing  
3/8/2016Derek MccandlessSVPSell1,010$64.91$65,559.10View SEC Filing  
3/8/2016Thomas M RayCEOSell6,460$64.77$418,414.20View SEC Filing  
3/7/2016Derek MccandlessSVPSell658$65.22$42,914.76View SEC Filing  
3/7/2016Thomas M RayCEOSell3,080$64.96$200,076.80View SEC Filing  
3/3/2016Jeffrey S FinninCFOSell1,371$63.82$87,497.22View SEC Filing  
2/29/2016Jeffrey S FinninCFOSell1,400$66.47$93,058.00View SEC Filing  
11/3/2015Realty Iii Gp L.L.C. CarlyleMajor ShareholderSell4,000,000$54.56$218,240,000.00View SEC Filing  
11/2/2015Jeffrey S FinninCFOSell4,000$55.10$220,400.00View SEC Filing  
11/2/2015Thomas M. RayCEOSell11,819$56.77$670,964.63View SEC Filing  
10/26/2015Brian WarrenSVPSell360$56.25$20,250.00View SEC Filing  
8/13/2015Dominic M TobinSVPSell10,000$49.69$496,900.00View SEC Filing  
7/2/2015Billie R HaggardSVPSell5,000$46.59$232,950.00View SEC Filing  
4/10/2015Thomas M RayCEOSell5,318$50.60$269,090.80View SEC Filing  
4/6/2015Jeffrey S FinninCFOSell1,451$50.72$73,594.72View SEC Filing  
3/9/2015Derek MccandlessSVPSell1,040$46.53$48,391.20View SEC Filing  
3/9/2015Thomas M RayCEOSell6,240$46.19$288,225.60View SEC Filing  
3/4/2015Jeffrey S FinninCFOSell1,891$48.14$91,032.74View SEC Filing  
3/2/2015Jeffrey S FinninCFOSell1,273$47.92$61,002.16View SEC Filing  
10/2/2014Thomas M RayCEOSell3,375$32.67$110,261.25View SEC Filing  
9/29/2014Billie R HaggardSVPSell408$32.76$13,366.08View SEC Filing  
4/7/2014Jeffrey FinninCFOSell1,306$31.42$41,034.52View SEC Filing  
3/11/2014Jeffrey FinninCFOSell1,773$31.14$55,211.22View SEC Filing  
1/24/2014Jeffrey FinninCFOSell8,873$32.43$287,751.39View SEC Filing  
12/13/2013Thomas RayCEOBuy5,000$28.76$143,800.00View SEC Filing  
3/11/2013Jeffrey S FinninCFOSell1,773$34.34$60,884.82View SEC Filing  
3/5/2013Jeffrey S FinninCFOSell2,657$34.29$91,108.53View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CoreSite Realty Corp. (NYSE:COR)
DateHeadline
zacks.com logoMonmouth Real Estate (MNR) Buys Industrial Asset in Florida (NYSE:COR)
www.zacks.com - August 23 at 4:29 PM
mysmartrend.com logoCoresite Realty Corp Falls 1.54% on Heavy Volume: Watch For Potential Rebound (NYSE:COR)
www.mysmartrend.com - August 23 at 4:29 PM
News IconCoreSite Realty Corporation (NYSE:COR): Analysts Consensus Update - Post News (NYSE:COR)
www.kentuckypostnews.com - August 23 at 8:33 AM
News IconShare Valuation Review for CoreSite Realty Corporation (NYSE:COR) - Post News (NYSE:COR)
www.kentuckypostnews.com - August 20 at 7:15 AM
fidaily.com logoCoreSite Realty Corporation Com (NYSE:COR) Trading Up – Insiders Are Buying and Selling (NYSE:COR)
www.fidaily.com - August 19 at 11:02 AM
News IconCoreSite Plans Massive $500 Million Expansion in Reston (NYSE:COR)
patch.com - August 17 at 9:45 PM
News IconEarnings Analysis & Update for CoreSite Realty Corporation (NYSE:COR)? - Post News (NYSE:COR)
www.kentuckypostnews.com - August 17 at 4:32 PM
News IconEarnings Analysis & Update for CoreSite Realty Corporation (NYSE:COR)? - Post News (NYSE:COR)
www.kentuckypostnews.com - August 17 at 4:32 PM
News IconCoreSite Realty Corp. to develop Reston data center site - Virginia Business Magazine (NYSE:COR)
www.virginiabusiness.com - August 16 at 9:36 PM
News IconCoreSite Realty Corp. to develop Reston data center site (NYSE:COR)
www.virginiabusiness.com - August 16 at 4:23 PM
News IconCoreSite Cranks Up Data Center Construction Spending (NYSE:COR)
www.datacenterknowledge.com - August 16 at 8:29 AM
News IconBlog Post: CoreSite Kicks Off Expansion Plans With $60M Office Park Buy (NYSE:COR)
www.lightwaveonline.com - August 15 at 9:54 PM
News IconCoreSite Buys Reston Campus, Eyes Big Expansion (NYSE:COR)
www.intelligent-aerospace.com - August 15 at 11:37 AM
finance.yahoo.com logoCoreSite Realty (COR) Declares Expansion of Reston Campus (NYSE:COR)
finance.yahoo.com - August 15 at 11:37 AM
stocksdaily.net logoWill CoreSite Realty Corporation (NYSE:COR) Surprise Analysts This Quarter? (NYSE:COR)
www.stocksdaily.net - August 12 at 4:23 PM
seekingalpha.com logoHere's Some Good News For Data Center REIT CoreSite Realty Shareholders (NYSE:COR)
seekingalpha.com - August 12 at 4:23 PM
stocksdaily.net logoWill CoreSite Realty Corporation (NYSE:COR) Surprise Analysts This Quarter? - Stocks Daily (NYSE:COR)
www.stocksdaily.net - August 12 at 10:49 AM
publicnow.com logoCoreSite to Expand Northern Virginia Campus (NYSE:COR)
www.publicnow.com - August 11 at 10:10 PM
mysmartrend.com logoSmarTrend Watching for Potential Rebound in Shares of Coresite Realty Corp After 1.11% Loss (NYSE:COR)
www.mysmartrend.com - August 9 at 5:20 PM
forbes.com logoOversold Conditions For CoreSite Realty (COR) (NYSE:COR)
www.forbes.com - August 9 at 1:45 PM
publicnow.com logoconwert terminates convertible bonds 2012-2018 (NYSE:COR)
www.publicnow.com - August 9 at 11:01 AM
capitalcube.com logoETF’s with exposure to CoreSite Realty Corp. : August 5, 2016 (NYSE:COR)
www.capitalcube.com - August 5 at 4:22 PM
finance.yahoo.com logoCORESITE REALTY CORP Financials (NYSE:COR)
finance.yahoo.com - August 4 at 4:32 PM
publicnow.com logoCoreSite to Present at the Cowen and Company 2nd Annual Communications Infrastructure Summit (NYSE:COR)
www.publicnow.com - August 4 at 11:14 AM
capitalcube.com logoCoreSite Realty Corp. :COR-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016 (NYSE:COR)
www.capitalcube.com - August 4 at 11:14 AM
News IconRealty Income Corp 16.1% Potential Decrease Now Implied by Wunderlich (NYSE:COR)
www.lidtime.com - August 2 at 9:10 AM
News IconQ3 2016 EPS Estimates for CoreSite Realty Corp. (COR) Increased by Analyst (NYSE:COR)
vegassports-odds.com - August 2 at 9:10 AM
investornewswire.com logoRatings Watch: CoreSite Realty Corporation (NYSE:COR) - Investor Newswire (NYSE:COR)
www.investornewswire.com - August 1 at 9:12 AM
News IconCoreSite Realty's (COR) CEO Tom Ray on Q2 2016 Results - Earnings Call Transcript (NYSE:COR)
www.lightwaveonline.com - July 29 at 9:46 PM
streetinsider.com logoForm 10-Q CoreSite Realty Corp For: Jun 30 (NYSE:COR)
www.streetinsider.com - July 29 at 9:46 PM
capitalcube.com logoCoreSite Realty Corp. breached its 50 day moving average in a Bearish Manner : COR-US : July 29, 2016 (NYSE:COR)
www.capitalcube.com - July 29 at 8:39 AM
biz.yahoo.com logoCORESITE REALTY CORP Files SEC form 10-Q, Quarterly Report (NYSE:COR)
biz.yahoo.com - July 29 at 7:18 AM
stocksdaily.net logoCoreSite Realty Corporation (NYSE:COR): The Buzzing Stock - Stocks Daily (NYSE:COR)
www.stocksdaily.net - July 28 at 5:26 PM
businesswire.com logoCoreSite Realty Corporation Announces Executive Leadership Transition - Business Wire (press release) (NYSE:COR)
www.businesswire.com - July 28 at 5:26 PM
streetinsider.com logoCoreSite Realty (COR) Tops Q2 FFO by 3c; New CEO Named (NYSE:COR)
www.streetinsider.com - July 28 at 11:56 AM
4-traders.com logoCoreSite Realty : reports 2Q results (NYSE:COR)
www.4-traders.com - July 28 at 11:56 AM
bizjournals.com logoCoreSite CEO retires, replaced by board director (NYSE:COR)
www.bizjournals.com - July 28 at 11:56 AM
businesswire.com logoCoreSite Realty Corporation Announces Executive Leadership Transition (NYSE:COR)
www.businesswire.com - July 28 at 11:56 AM
biz.yahoo.com logoCoreSite Realty Corp Earnings Call scheduled for 12:00 pm ET today (NYSE:COR)
biz.yahoo.com - July 28 at 11:49 AM
sg.finance.yahoo.com logoCoreSite reports 2Q results (NYSE:COR)
sg.finance.yahoo.com - July 28 at 7:44 AM
publicnow.com logoconwert: Further significant increase in value for entire portfolio (NYSE:COR)
www.publicnow.com - July 27 at 2:18 AM
News IconFinancial Stocks Movements: CoreSite Realty Corp (NYSE:COR), Northern Trust Corporation (NASDAQ:NTRS) - share market updates (press release) (NYSE:COR)
sharemarketupdates.com - July 26 at 12:33 PM
News IconFriday Session Wrap-up for CoreSite Realty Corporation (NYSE:COR) - Engelwood Daily (NYSE:COR)
www.engelwooddaily.com - July 23 at 8:37 AM
prnewswire.com logoFinancial Sector Equities Under Review -- CoreSite Realty, Washington Real Estate Investment Trust, Mid-America ... - PR Newswire (press release) (NYSE:COR)
www.prnewswire.com - July 22 at 4:24 PM
prnewswire.com logoFinancial Sector Equities Under Review -- CoreSite Realty, Washington Real Estate Investment Trust, Mid-America ... - PR Newswire (press release) (NYSE:COR)
www.prnewswire.com - July 22 at 4:24 PM
News IconSunTrust Robinson Humphrey Initiates Coverage on CoreSite Realty Corp to Buy - TheFounders Daily (NYSE:COR)
www.thefoundersdaily.com - July 22 at 4:24 PM
News IconSunTrust Robinson Humphrey Initiates Coverage on CoreSite Realty Corp to Buy - TheFounders Daily (NYSE:COR)
www.thefoundersdaily.com - July 22 at 4:24 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for CoreSite Realty Corporation (NYSE:COR) - TGP (NYSE:COR)
telanaganapress.com - July 20 at 11:40 PM
News IconShares Positive Over the Past Month: CoreSite Realty Corporation (NYSE:COR) - TGP (NYSE:COR)
telanaganapress.com - July 20 at 11:15 AM
News IconEquity Roundup: Stock Performance Focus on CoreSite Realty Corporation (NYSE:COR) - Press Telegraph (NYSE:COR)
presstelegraph.com - July 20 at 11:15 AM

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CoreSite Realty Corp. (NYSE:COR) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff