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: $77.72
  • 50 Day Moving Average: $78.91
  • 200 Day Moving Average: $77.76
  • 52-Week Range: $32,022,000.00 - $49.77
  • Trailing P/E Ratio: 57.99
  • Foreward P/E Ratio: 18.40
  • P/E Growth: 1.41
  • Market Cap: $2.48B
  • Outstanding Shares: 32,022,000
  • Beta: 0.88
Profitability:
  • Net Margins: 12.52%
  • Return on Equity: 9.02%
  • Return on Assets: 3.82%
Debt:
  • Debt-to-Equity Ratio: 1.00%
  • Current Ratio: 0.11%
  • Quick Ratio: 0.11%
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: $76.31 (1.49% downside)

Analysts' Ratings History for CoreSite Realty Corp. (NYSE:COR)
Show:
DateFirmActionRatingPrice TargetDetails
9/13/2016Jefferies 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 9/26/2014 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: $3.61 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:2.74%
Dividend Growth:32.60% (3 Year Average)
Payout Ratio:160.61% (Based on Trailing 12 Months of Earnings)
58.73% (Based on Current Year Consensus EPS Estimate)
50.36% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for CoreSite Realty Corp. (NYSE:COR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/2/2016quarterly$0.532.66%9/28/20169/30/201610/17/2016
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)
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 95.19%
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
finance.yahoo.com logoMicrosoft Azure ExpressRoute Expands Cloud Connectivity to CoreSite's New York Data Center Campus - Yahoo Finance (NYSE:COR)
finance.yahoo.com - September 22 at 4:30 PM
News IconCoreSite launches Microsoft Azure cloud connectivity (NYSE:COR)
www.telecompaper.com - September 22 at 9:56 AM
publicnow.com logoMicrosoft Azure ExpressRoute Expands Cloud Connectivity to CoreSite’s New York Data Center Campus (NYSE:COR)
www.publicnow.com - September 22 at 9:56 AM
News IconTracking This Dividend Stock With Upside Possibility: CoreSite Realty Corporation (NYSE:COR) - Post News (NYSE:COR)
www.kentuckypostnews.com - September 21 at 4:55 PM
News IconThe Key Numbers To Watch From CoreSite Realty Corporation (NYSE:COR)'s Earnings - The Voice Registrar (NYSE:COR)
voiceregistrar.com - September 21 at 4:55 PM
nasdaq.com logoCoreSite Realty's Series A Preferred Stock Yield Pushes Past 7% (NYSE:COR)
www.nasdaq.com - September 21 at 8:35 AM
streetinsider.com logoForm 4 CoreSite Realty Corp For: Sep 12 Filed by: Szurek Paul E. (NYSE:COR)
www.streetinsider.com - September 15 at 4:45 PM
capitalcube.com logoETF’s with exposure to CoreSite Realty Corp. : September 15, 2016 (NYSE:COR)
www.capitalcube.com - September 15 at 4:45 PM
News IconCoreSite Realty Corp. (NYSE: COR) Buy Rating Reiterated at Jefferies Group - BNB Daily (blog) (NYSE:COR)
www.baseball-news-blog.com - September 15 at 9:55 AM
streetinsider.com logoForm 4 CoreSite Realty Corp For: Sep 12 Filed by: Szurek Paul E. - StreetInsider.com (NYSE:COR)
www.streetinsider.com - September 15 at 9:55 AM
mysmartrend.com logoSmarTrend Watching for Potential Rebound in Shares of Coresite Realty Corp After 1.26% Loss (NYSE:COR)
www.mysmartrend.com - September 14 at 9:36 PM
4-traders.com logoCoreSite Realty : Telia Carrier and CoreSite Expand Relationship to Bring Customers Advanced Connectivity Solutions (NYSE:COR)
www.4-traders.com - September 14 at 8:38 AM
fidaily.com logoShares Trading unchanged at $76.85 (COR) Telia Carrier and CoreSite Expand… (NYSE:COR)
www.fidaily.com - September 14 at 8:38 AM
finance.yahoo.com logoTelia Carrier and CoreSite Expand Relationship to Bring Customers Advanced Connectivity Solutions (NYSE:COR)
finance.yahoo.com - September 14 at 8:38 AM
News IconStock Up Over the Past Five Trading Sessions: CoreSite Realty Corporation (NYSE:COR) - Post News (NYSE:COR)
www.kentuckypostnews.com - September 13 at 9:10 AM
News IconFor colocation data center dating, there are new ways to make a match (NYSE:COR)
searchdatacenter.techtarget.com - September 12 at 4:09 PM
publicnow.com logoconwert about to conclude sale of a large part of its commercial property portfolio (NYSE:COR)
www.publicnow.com - September 12 at 4:09 PM
News IconCoreSite Realty Corporation (NYSE:COR): What is the Sell-side Making of this Stock? - Post News (NYSE:COR)
www.kentuckypostnews.com - September 9 at 9:10 AM
News IconCoreSite Realty Corp. (NYSE: COR) Stock Rating Reiterated at Jefferies Group - BNB Daily (blog) (NYSE:COR)
www.baseball-news-blog.com - September 7 at 7:34 AM
News IconThe Key Numbers To Watch From CoreSite Realty (NYSE:COR)'s Earnings - The Voice Registrar (NYSE:COR)
voiceregistrar.com - September 6 at 9:18 PM
publicnow.com logoGamblit Gaming Selects CoreSite as Its First U.S. Data Center Provider (NYSE:COR)
www.publicnow.com - September 6 at 9:18 PM
publicnow.com logoGerman residential real estate company Vonovia announces takeover offer for conwert (NYSE:COR)
www.publicnow.com - September 5 at 9:01 AM
publicnow.com logoAd hoc Release: German residential real estate company Vonovia announces takeover offer for conwert (NYSE:COR)
www.publicnow.com - September 5 at 9:01 AM
publicnow.com logoPress Release: German residential real estate company Vonovia announces takeover offer for conwert (NYSE:COR)
www.publicnow.com - September 5 at 9:01 AM
News IconKelly Chambliss Joins CoreSite Realty Corporation's Board of Directors - Yahoo Sports (NYSE:COR)
sports.yahoo.com - September 3 at 8:59 AM
reuters.com logoBRIEF-Kelly Chambliss joins Coresite Realty Corp's board | Reuters - Reuters (NYSE:COR)
in.reuters.com - September 2 at 4:08 PM
businesswire.com logoCoreSite Realty Corporation Declares Third-Quarter 2016 Dividend ... - Business Wire (press release) (NYSE:COR)
www.businesswire.com - September 2 at 4:08 PM
reuters.com logoBRIEF-Kelly Chambliss joins Coresite Realty Corp's board (NYSE:COR)
www.reuters.com - September 2 at 9:07 AM
News IconKelly Chambliss Joins CoreSite Realty Corporation’s Board of Directors (NYSE:COR)
ih.advfn.com - September 2 at 9:07 AM
publicnow.com logoCoreSite Realty Corporation Declares Third-Quarter 2016 Dividend on Common and Series A Preferred Stock (NYSE:COR)
www.publicnow.com - September 2 at 9:07 AM
News IconStock Chatter: CoreSite Realty Corporation (NYSE:COR) Price Target in Focus - Post News (NYSE:COR)
www.kentuckypostnews.com - September 1 at 4:13 PM
capitalcube.com logoETF’s with exposure to CoreSite Realty Corp. : August 31, 2016 (NYSE:COR)
www.capitalcube.com - August 31 at 4:17 PM
News IconSell-side Spotlight on CoreSite Realty Corporation (NYSE:COR) - Post News (NYSE:COR)
www.kentuckypostnews.com - August 30 at 7:30 AM
finance.yahoo.com logoCoreSite Realty Corporation Successfully Completes Annual Compliance Objectives for Its Data Center Colocation ... - Yahoo Finance (NYSE:COR)
finance.yahoo.com - August 30 at 7:30 AM
publicnow.com logoCoreSite Realty Corporation Successfully Completes Annual Compliance Objectives for Its Data Center Colocation Services (NYSE:COR)
www.publicnow.com - August 30 at 7:30 AM
News IconCoreSite Gets HIPAA Compliance Validation (NYSE:COR)
www.techrockies.com - August 26 at 4:30 PM
investornewswire.com logoStock Rating Update On CoreSite Realty Corporation (NYSE:COR) - Investor Newswire (NYSE:COR)
www.investornewswire.com - August 25 at 9:40 PM
businesswire.com logoCoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation - Business Wire (press release) (NYSE:COR)
www.businesswire.com - August 25 at 9:40 PM
publicnow.com logoCoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation (NYSE:COR)
www.publicnow.com - August 25 at 9:40 PM
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

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CoreSite Realty Corp. (NYSE:COR) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff