CoreSite Realty Corp Company Profile (NYSE:COR)

About CoreSite Realty Corp (NYSE:COR)

CoreSite Realty Corp logoCoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust. The Company, through its controlling interest in CoreSite, L.P., 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, New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. The enterprises, network operators, cloud providers and supporting service providers choose CoreSite to connect and protect their data, applications and computing workloads. Its offerings include the CoreSite Open Cloud Exchange and the Any2 Internet Exchange. As of December 31, 2016, it had offered cloud-enabled, network data center campuses with over 20,000 interconnections across its portfolio and direct access to carriers and Internet service providers, cloud and information technology service providers, and inter site connectivity.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Symbol: NYSE:COR
  • CUSIP: 21870Q10
  • Web:
  • Market Cap: $3.45 billion
  • Outstanding Shares: 33,558,000
Average Prices:
  • 50 Day Moving Avg: $96.98
  • 200 Day Moving Avg: $85.76
  • 52 Week Range: $64.81 - $104.45
  • Trailing P/E Ratio: 62.39
  • Foreward P/E Ratio: 47.22
  • P/E Growth: 2.66
Sales & Book Value:
  • Annual Revenue: $422.79 million
  • Price / Sales: 8.17
  • Book Value: $9.43 per share
  • Price / Book: 10.92
  • Annual Dividend: $3.20
  • Dividend Yield: 3.1%
  • EBIDTA: $218.95 million
  • Net Margins: 14.14%
  • Return on Equity: 11.45%
  • Return on Assets: 4.25%
  • Debt-to-Equity Ratio: 1.43%
  • Current Ratio: 0.26%
  • Quick Ratio: 0.20%
  • Average Volume: 303,841 shs.
  • Beta: 0.66
  • Short Ratio: 8.98

Frequently Asked Questions for CoreSite Realty Corp (NYSE:COR)

What is CoreSite Realty Corp's stock symbol?

CoreSite Realty Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "COR."

How often does CoreSite Realty Corp pay dividends? What is the dividend yield for CoreSite Realty Corp?

CoreSite Realty Corp announced a quarterly dividend on Thursday, March 9th. Shareholders of record on Friday, March 31st will be given a dividend of $0.80 per share on Monday, April 17th. This represents a $3.20 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Wednesday, March 29th. View CoreSite Realty Corp's Dividend History.

How were CoreSite Realty Corp's earnings last quarter?

CoreSite Realty Corp (NYSE:COR) posted its quarterly earnings results on Thursday, April, 27th. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.07 by $0.06. The business earned $114.92 million during the quarter, compared to analysts' expectations of $114.48 million. CoreSite Realty Corp had a net margin of 14.14% and a return on equity of 11.45%. The firm's revenue was up 26.4% on a year-over-year basis. During the same quarter last year, the company earned $0.86 earnings per share. View CoreSite Realty Corp's Earnings History.

When will CoreSite Realty Corp make its next earnings announcement?

CoreSite Realty Corp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for CoreSite Realty Corp.

Where is CoreSite Realty Corp's stock going? Where will CoreSite Realty Corp's stock price be in 2017?

11 brokers have issued 1 year target prices for CoreSite Realty Corp's stock. Their forecasts range from $60.00 to $103.00. On average, they expect CoreSite Realty Corp's share price to reach $86.22 in the next twelve months. View Analyst Ratings for CoreSite Realty Corp.

Who are some of CoreSite Realty Corp's key competitors?

Who owns CoreSite Realty Corp stock?

CoreSite Realty Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.42%), BlackRock Inc. (13.12%), FMR LLC (10.99%), Wells Fargo & Company MN (4.75%), Wellington Management Group LLP (4.03%) and JPMorgan Chase & Co. (2.47%). Company insiders that own CoreSite Realty Corp stock include Billie R Haggard, Brian Warren, Derek Mccandless, Dominic M Tobin, Jeffrey S Finnin, Paul E Szurek, Peter D Staple, Realty Iii Gp LLC Carlyle, Steven James Smith and Thomas M Ray. View Institutional Ownership Trends for CoreSite Realty Corp.

Who sold CoreSite Realty Corp stock? Who is selling CoreSite Realty Corp stock?

CoreSite Realty Corp's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Duff & Phelps Investment Management Co., FMR LLC, Bank of New York Mellon Corp, Paulson & CO. Inc., AQR Capital Management LLC, Morgan Stanley and American Century Companies Inc.. Company insiders that have sold CoreSite Realty Corp stock in the last year include Derek Mccandless, Dominic M Tobin, Jeffrey S Finnin, Steven James Smith and Thomas M Ray. View Insider Buying and Selling for CoreSite Realty Corp.

Who bought CoreSite Realty Corp stock? Who is buying CoreSite Realty Corp stock?

CoreSite Realty Corp's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital Growth Management LP, JPMorgan Chase & Co., Vanguard Group Inc., Renaissance Technologies LLC, Neuberger Berman Group LLC, TCW Group Inc. and Wells Fargo & Company MN. Company insiders that have bought CoreSite Realty Corp stock in the last two years include Paul E Szurek and Peter D Staple. View Insider Buying and Selling for CoreSite Realty Corp.

How do I buy CoreSite Realty Corp stock?

Shares of CoreSite Realty Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CoreSite Realty Corp stock cost?

One share of CoreSite Realty Corp stock can currently be purchased for approximately $102.95.

Analyst Ratings

Consensus Ratings for CoreSite Realty Corp (NYSE:COR) (?)
Ratings Breakdown: 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $86.22 (16.25% downside)

Analysts' Ratings History for CoreSite Realty Corp (NYSE:COR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017Wells Fargo & CoInitiated CoverageMarket Perform -> Market Perform$94.00LowView Rating Details
5/3/2017Citigroup IncDowngradeBuy -> Neutral$103.00MediumView Rating Details
4/6/2017MacquarieInitiated CoverageNeutral$84.00LowView Rating Details
2/7/2017GuggenheimDowngradeBuy -> Neutral$88.00N/AView Rating Details
12/21/2016KeyCorpUpgradeOverweightN/AView Rating Details
10/11/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$80.00N/AView Rating Details
10/7/2016Raymond James Financial, Inc.Initiated CoverageMarket PerformN/AView Rating Details
10/3/2016Stifel NicolausUpgradeSell -> Hold$75.00N/AView Rating Details
9/13/2016Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
7/21/2016SunTrust Banks, Inc.Initiated CoverageBuy$100.00N/AView Rating Details
6/7/2016Canaccord GenuityInitiated CoverageBuy$92.00N/AView Rating Details
4/29/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
2/16/2016Royal Bank of CanadaBoost Price TargetOutperform$64.00 -> $70.00N/AView Rating Details
11/11/2015BB&T Co.Initiated CoverageAverage -> Buy$65.50N/AView Rating Details
7/2/2015Robert W. BairdBoost Price Target$55.00 -> $56.00N/AView Rating Details
6/16/2015Cantor FitzgeraldBoost Price TargetHold$40.00 -> $46.00N/AView Rating Details
(Data available from 5/28/2015 forward)


Earnings History for CoreSite Realty Corp (NYSE:COR)
Earnings by Quarter for CoreSite Realty Corp (NYSE:COR)
Earnings History by Quarter for CoreSite Realty Corp (NYSE:COR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$1.07$1.13$114.48 million$114.92 millionViewN/AView Earnings Details
2/9/2017Q416$0.98$1.06$107.37 million$110.50 millionViewListenView Earnings Details
10/27/2016Q316$0.91$0.90$104.35 million$101.27 millionViewListenView Earnings Details
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$0.57$0.61$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$0.57$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)


Earnings Estimates for CoreSite Realty Corp (NYSE:COR)
2017 EPS Consensus Estimate: $4.33
2018 EPS Consensus Estimate: $5.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.04$1.08$1.06
Q2 20173$1.05$1.11$1.07
Q3 20173$1.04$1.08$1.06
Q4 20173$1.08$1.19$1.13
Q1 20181$1.24$1.24$1.24
Q2 20181$1.24$1.24$1.24
Q3 20181$1.22$1.22$1.22
Q4 20181$1.30$1.30$1.30
(Data provided by Zacks Investment Research)


Current Dividend Information for CoreSite Realty Corp (NYSE:COR)
Most Recent Dividend:4/17/2017
Annual Dividend:$3.20
Dividend Yield:3.11%
Dividend Growth:25.20% (3 Year Average)
Payout Ratio:207.79% (Trailing 12 Months of Earnings)
180.79% (Based on This Year's Estimates)
146.79% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for CoreSite Realty Corp (NYSE:COR)

Dividend History by Quarter for CoreSite Realty Corp (NYSE:COR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CoreSite Realty Corp (NYSE:COR)
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 99.51%
Insider Trades by Quarter for CoreSite Realty Corp (NYSE:COR)
Institutional Ownership by Quarter for CoreSite Realty Corp (NYSE:COR)
Insider Trades by Quarter for CoreSite Realty Corp (NYSE:COR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2017Jeffrey S FinninCFOSell8,000$98.75$790,000.00View SEC Filing  
5/1/2017Steven James SmithSVPSell1,152$100.00$115,200.00View SEC Filing  
4/27/2017Steven James SmithSVPSell2,000$95.00$190,000.00View SEC Filing  
3/22/2017Jeffrey S FinninCFOSell14,900$88.27$1,315,223.00View SEC Filing  
3/15/2017Derek MccandlessSVPSell22,898$88.17$2,018,916.66View SEC Filing  
3/6/2017Derek MccandlessSVPSell2,353$88.89$209,158.17View SEC Filing  
3/6/2017Jeffrey S FinninCFOSell3,451$88.87$306,690.37View SEC Filing  
3/3/2017Steven James SmithSVPSell699$89.34$62,448.66View SEC Filing  
3/2/2017Derek MccandlessSVPSell2,867$90.22$258,660.74View SEC Filing  
3/2/2017Jeffrey S FinninCFOSell23,925$89.77$2,147,747.25View SEC Filing  
12/5/2016Paul E SzurekCEOBuy7,000$68.92$482,440.00View SEC Filing  
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)


Headline Trends for CoreSite Realty Corp (NYSE:COR)
Latest Headlines for CoreSite Realty Corp (NYSE:COR)
DateHeadline logoJean Bua Joins CoreSite Realty Corporation's Board of Directors - Business Wire (press release) - May 25 at 11:02 PM logoBRIEF-Jean Bua joins Coresite Realty Corporation's board - May 25 at 6:00 PM logoJean Bua Joins CoreSite Realty Corporation’s Board of Directors - May 25 at 6:00 PM logoAriento Chooses CoreSite’s Santa Clara Campus to Support Strong Demand for Its IT Services and Solutions - May 25 at 6:00 PM logoCoreSite Realty Corp (COR) Earns Market Perform Rating from Analysts at Wells Fargo & Co - May 17 at 11:38 PM logoCOR Crosses Above Average Analyst Target - May 16 at 12:47 PM logoMicrosoft Azure ExpressRoute Now Available at CoreSite’s Denver Data Center Campus - May 15 at 12:04 PM logoCoreSite Realty Corp (COR) Expected to Earn Q2 2017 Earnings of $1.05 Per Share - May 10 at 8:32 AM logoCoreSite Realty Corp (COR) Receives Consensus Rating of "Hold" from Brokerages - May 9 at 9:02 AM logoCoreSite Realty Corp (COR) Expected to Announce Quarterly Sales of $114.89 Million - May 7 at 8:04 AM logo Brokerages Expect CoreSite Realty Corp (COR) to Post $1.08 EPS - May 5 at 6:11 PM logoVoxility Expands with CoreSite in Los Angeles and Northern Virginia to Support Strong Customer Demand - Yahoo Finance - May 4 at 4:33 PM logoVoxility Expands with CoreSite in Los Angeles and Northern Virginia to Support Strong Customer Demand - May 4 at 4:33 PM logoKeyCorp Comments on CoreSite Realty Corp's Q3 2017 Earnings (COR) - May 4 at 10:34 AM logoCloudSight Establishes Data Center Deployment with CoreSite in Los Angeles to Access AWS Direct Connect and ... - Business Wire (press release) - May 4 at 6:31 AM logoInsider Selling: CoreSite Realty Corp (COR) SVP Sells 1,152 Shares of Stock - May 4 at 1:29 AM logoCoreSite Realty Corp (COR) CFO Jeffrey S. Finnin Sells 8,000 Shares - May 4 at 1:09 AM logoQ2 2017 Earnings Estimate for CoreSite Realty Corp (COR) Issued By KeyCorp - May 3 at 8:44 AM logoZacks Investment Research Downgrades CoreSite Realty Corp (COR) to Hold - May 3 at 12:20 AM logoSomewhat Critical Press Coverage Likely to Affect CoreSite Realty Corp (COR) Stock Price - May 2 at 9:34 PM logoCloudSight Establishes Data Center Deployment with CoreSite in Los Angeles to Access AWS Direct Connect and Support Future Growth - May 2 at 7:35 PM logoSteven James Smith Sells 2,000 Shares of CoreSite Realty Corp (COR) Stock - May 1 at 11:32 PM logoCoreSite Realty Corp to Post Q2 2017 Earnings of $1.11 Per Share, SunTrust Banks Forecasts (COR) - May 1 at 8:23 AM logoCoreSite Realty Corp (COR) Receives Daily News Impact Score of 0.31 - April 29 at 9:35 PM logo10-Q: CORESITE REALTY CORP - April 28 at 5:24 PM logoEdited Transcript of COR earnings conference call or presentation 27-Apr-17 4:00pm GMT - April 28 at 5:24 PM logoCoreSite Realty's (COR) CEO Paul Szurek on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - April 27 at 9:56 PM logoCoreSite Realty Corp (COR) Issues Quarterly Earnings Results - April 27 at 9:38 PM logoBRIEF-Coresite Q1 FFO per share $1.13 - April 27 at 4:55 PM logoCoreSite reports 1Q results - April 27 at 11:03 AM logoCORRECTING and REPLACING CoreSite Reports First-Quarter 2017 Financial Results Reflecting Revenue Growth of 24% Year over Year - April 27 at 11:03 AM logoSomewhat Positive Media Coverage Unlikely to Affect CoreSite Realty Corp (COR) Stock Price - April 27 at 12:46 AM logoCoreSite Realty Corp (COR) Earning Somewhat Positive Media Coverage, Report Finds - April 23 at 5:05 PM logoBRIEF-CoreSite Realty says amended and restated term loan agreement - April 20 at 9:35 PM logoCoreSite Realty Corporation Closes $275 Million of New Financing in Two Separate Transactions - April 20 at 9:35 PM logoCoreSite Realty Corp (COR) Receiving Somewhat Positive News Coverage, Analysis Shows - April 20 at 6:37 PM logoCoreSite Realty Corp (COR) to Post Q1 2017 Earnings of $1.07 Per Share, Jefferies Group Forecasts - April 18 at 11:44 AM logoCoreSite Realty Corp (COR) Earns News Sentiment Rating of -0.22 - April 17 at 2:29 PM logo$111.93 Million in Sales Expected for CoreSite Realty Corp (COR) This Quarter - April 16 at 8:06 AM logoCoreSite Realty Corp (COR) Earning Somewhat Favorable News Coverage, AlphaOne Reports - April 14 at 9:31 PM logoZacks: Brokerages Expect CoreSite Realty Corp (COR) Will Post Earnings of $1.07 Per Share - April 14 at 8:25 PM logoCoreSite Realty Corp (COR) Receives Average Rating of "Buy" from Analysts - April 14 at 10:00 AM logoiShares Core S&P Small-Cap ETF Experiences Big Inflow - April 13 at 4:28 PM logoTerreno Announces Q1 Investment & Capital Market Activities - April 13 at 10:19 AM logoCoreSite Announces Enhancements to Its Channel Partner Program ... - Business Wire (press release) - April 11 at 3:45 PM logoCoreSite Announces Enhancements to Its Channel Partner Program at the 2017 Channel Partners Conference - April 10 at 12:16 PM logoMacquarie Initiates Coverage on CoreSite Realty Corp (COR) - April 6 at 5:19 PM logoCoreSite Realty Corporation Schedules First-Quarter 2017 Earnings Release and Conference Call - March 30 at 4:50 PM logoCoreSite Realty Corporation (COR) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq - March 29 at 4:54 PM logoShould You Retain Regency Centers (REG) in Your Portfolio? - March 28 at 12:30 PM



CoreSite Realty Corp (COR) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by Staff