NYSE:COR - CoreSite Realty Stock Price, Forecast & News

CoreSite Realty's stock was trading at $106.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COR shares have increased by 9.0% and is now trading at $115.90. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CoreSite Realty.

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

CoreSite Realty Corp (NYSE:COR) issued its quarterly earnings data on Thursday, February, 6th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.31 by $0.80. The real estate investment trust had revenue of $146 million for the quarter, compared to analysts' expectations of $148.17 million. CoreSite Realty had a net margin of 13.24% and a return on equity of 29.18%. The company's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $1.26 earnings per share. View CoreSite Realty's earnings history.

CoreSite Realty declared a quarterly dividend on Monday, March 9th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.22 per share on Wednesday, April 15th. This represents a $4.88 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Monday, March 30th. View CoreSite Realty's dividend history.

CoreSite Realty issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $5.10-5.20 for the period, compared to the Thomson Reuters consensus estimate of $5.40.

8 brokerages have issued 1 year price targets for CoreSite Realty's stock. Their forecasts range from $100.00 to $128.00. On average, they expect CoreSite Realty's stock price to reach $111.50 in the next year. This suggests that the stock has a possible downside of 3.8%. View analysts' price targets for CoreSite Realty.

News articles about COR stock have trended somewhat positive this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CoreSite Realty earned a coverage optimism score of 1.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutCoreSite Realty.

Some companies that are related to CoreSite Realty include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), Equity Commonwealth (EQC), Hudson Pacific Properties (HPP), SL Green Realty (SLG), Highwoods Properties (HIW), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

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

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

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.

One share of COR stock can currently be purchased for approximately $115.90.

CoreSite Realty has a market capitalization of $4.37 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. View additional information about CoreSite Realty.

The official website for CoreSite Realty is http://www.coresite.com/.

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]