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NYSE:CORCoreSite Realty Stock Price, Forecast & News

$122.00
+1.09 (+0.90 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$120.51
Now: $122.00
$122.22
50-Day Range
$111.58
MA: $120.06
$124.50
52-Week Range
$90.07
Now: $122.00
$126.40
Volume297,420 shs
Average Volume502,605 shs
Market Capitalization$4.62 billion
P/E Ratio61.31
Dividend Yield4.00%
Beta0.3
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,350 of the world's leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 450+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.71 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP21870Q10
Phone866-777-2673

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$572.73 million
Cash Flow$6.15 per share
Book Value$5.68 per share

Profitability

Net Income$75.84 million

Miscellaneous

Employees450
Market Cap$4.62 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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CoreSite Realty (NYSE:COR) Frequently Asked Questions

How has CoreSite Realty's stock been impacted by COVID-19 (Coronavirus)?

CoreSite Realty's stock was trading at $106.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COR stock has increased by 14.8% and is now trading at $122.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CoreSite Realty?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CoreSite Realty.

When is CoreSite Realty's next earnings date?

CoreSite Realty is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for CoreSite Realty.

How were CoreSite Realty's earnings last quarter?

CoreSite Realty Corp (NYSE:COR) issued its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.27 by $0.79. The real estate investment trust had revenue of $147.40 million for the quarter, compared to analyst estimates of $146.34 million. CoreSite Realty had a return on equity of 32.98% and a net margin of 12.74%. CoreSite Realty's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 EPS. View CoreSite Realty's earnings history.

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

CoreSite Realty declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Tuesday, June 30th will be paid a dividend of $1.22 per share on Wednesday, July 15th. This represents a $4.88 annualized dividend and a yield of 4.00%. The ex-dividend date is Monday, June 29th. View CoreSite Realty's dividend history.

What guidance has CoreSite Realty issued on next quarter's earnings?

CoreSite Realty issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $5.10-5.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.14.

What price target have analysts set for COR?

9 brokers have issued 1-year price objectives for CoreSite Realty's shares. Their forecasts range from $100.00 to $128.00. On average, they anticipate CoreSite Realty's stock price to reach $115.56 in the next year. This suggests that the stock has a possible downside of 5.3%. View analysts' price targets for CoreSite Realty.

Has CoreSite Realty been receiving favorable news coverage?

News coverage about COR stock has trended negative on Tuesday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing 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 nearest to five being the most favorable. CoreSite Realty earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCoreSite Realty.

Who are some of CoreSite Realty's key competitors?

What other stocks do shareholders of CoreSite Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CoreSite Realty investors own include DIGITAL RLTY TR/SH (DLR), NVIDIA (NVDA), CROWN CASTLE IN/SH SH (CCI), Cisco Systems (CSCO), Realty Income (O), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), Simon Property Group (SPG), AT&T (T) and Ventas (VTR).

Who are CoreSite Realty's key executives?

CoreSite Realty's management team includes the following people:
  • Mr. Paul E. Szurek, Pres, CEO & Director (Age 58)
  • Mr. Jeffrey S. Finnin, Chief Financial Officer (Age 56)
  • Mr. Derek S. McCandless, Sr. VP of Legal, Gen. Counsel & Sec. (Age 48)
  • Mr. Steven J. Smith, Chief Revenue Officer (Age 54)
  • Mr. Brian P. Warren, Sr. VP of Devel. & Product Engineering (Age 49)

What is CoreSite Realty's stock symbol?

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

Who are CoreSite Realty's major shareholders?

CoreSite Realty's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.68%), Principal Financial Group Inc. (4.15%), Invesco Ltd. (2.72%), State Street Corp (2.60%), Bank of New York Mellon Corp (1.73%) and Wells Fargo & Company MN (1.61%). Company insiders that own CoreSite Realty stock include Brian Warren, Carlyle Group Management LLC, Derek Mccandless, Iv Aiv Gp LLC Crp, Jeffrey S Finnin, John David Thompson, Juan Font, Maile Kaiser, Mark R Jones, Paul E Szurek, Realty Iii Gp LLC Carlyle and Steven James Smith. View institutional ownership trends for CoreSite Realty.

Which major investors are selling CoreSite Realty stock?

COR stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, JPMorgan Chase & Co., BlackRock Inc., Russell Investments Group Ltd., Franklin Resources Inc., Morgan Stanley, First Trust Advisors LP, and Dupont Capital Management Corp. Company insiders that have sold CoreSite Realty company stock in the last year include Brian Warren, Carlyle Group Management LLC, Derek Mccandless, Iv Aiv Gp LLC Crp, Jeffrey S Finnin, John David Thompson, Juan Font, Maile Kaiser, Mark R Jones, Paul E Szurek, and Steven James Smith. View insider buying and selling activity for CoreSite Realty.

Which major investors are buying CoreSite Realty stock?

COR stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Massachusetts Financial Services Co. MA, Centersquare Investment Management LLC, Invesco Ltd., Ranger Global Real Estate Advisors LLC, Pacer Advisors Inc., William Blair Investment Management LLC, and Advisory Research Inc.. View insider buying and selling activity for CoreSite Realty.

How do I buy shares of CoreSite Realty?

Shares of COR 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 CoreSite Realty's stock price today?

One share of COR stock can currently be purchased for approximately $122.00.

How big of a company is CoreSite Realty?

CoreSite Realty has a market capitalization of $4.62 billion and generates $572.73 million in revenue each year. The real estate investment trust earns $75.84 million in net income (profit) each year or $5.10 on an earnings per share basis. CoreSite Realty employs 450 workers across the globe.

What is CoreSite Realty's official website?

The official website for CoreSite Realty is www.coresite.com.

How can I contact CoreSite Realty?

CoreSite Realty's mailing address is 1001 17TH STREET SUITE 500, DENVER CO, 80202. The real estate investment trust can be reached via phone at 866-777-2673 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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