NYSE:COR

CoreSite Realty Stock Forecast, Price & News

$135.28
-3.88 (-2.79 %)
(As of 07/29/2021 04:47 PM ET)
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Today's Range
$135.18
$141.50
50-Day Range
$118.75
$139.44
52-Week Range
$107.23
$141.50
Volume327,222 shs
Average Volume381,360 shs
Market Capitalization$5.82 billion
P/E Ratio67.98
Dividend Yield3.65%
Beta0.26
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About CoreSite Realty

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,375 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 460+ 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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MarketRank

Overall MarketRank

1.78 out of 5 stars

Finance Sector

751st out of 2,043 stocks

Real Estate Investment Trusts Industry

166th out of 283 stocks

Analyst Opinion: 1.1Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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CoreSite Realty (NYSE:COR) Frequently Asked Questions

Is CoreSite Realty a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CoreSite Realty stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COR, but not buy additional shares or sell existing shares.
View analyst ratings for CoreSite Realty
or view top-rated stocks.

What stocks does MarketBeat like better than CoreSite Realty?

Wall Street analysts have given CoreSite Realty a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CoreSite Realty wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CoreSite Realty?

CoreSite Realty saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,240,000 shares, a decrease of 16.8% from the June 30th total of 1,490,000 shares. Based on an average daily volume of 444,300 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.4% of the shares of the company are sold short.
View CoreSite Realty's Short Interest
.

When is CoreSite Realty's next earnings date?

CoreSite Realty is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for CoreSite Realty
.

How were CoreSite Realty's earnings last quarter?

CoreSite Realty Co. (NYSE:COR) issued its quarterly earnings results on Thursday, April, 29th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing the consensus estimate of $1.33 by $0.82. The real estate investment trust had revenue of $157.60 million for the quarter, compared to analyst estimates of $156.63 million. CoreSite Realty had a net margin of 13.50% and a trailing twelve-month return on equity of 93.72%. CoreSite Realty's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.29 EPS.
View CoreSite Realty's earnings history
.

How has CoreSite Realty's stock price been impacted by 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 27.3% and is now trading at $135.28.
View which stocks have been most impacted by COVID-19
.

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

CoreSite Realty announced a quarterly dividend on Wednesday, May 19th. Stockholders of record on Wednesday, June 30th will be given a dividend of $1.27 per share on Thursday, July 15th. This represents a $5.08 annualized dividend and a yield of 3.76%. The ex-dividend date is Tuesday, June 29th. This is an increase from CoreSite Realty's previous quarterly dividend of $1.23.
View CoreSite Realty's dividend history
.

Is CoreSite Realty a good dividend stock?

CoreSite Realty pays an annual dividend of $5.08 per share and currently has a dividend yield of 3.65%. CoreSite Realty does not yet have a strong track record of dividend growth. The dividend payout ratio of CoreSite Realty is 95.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CoreSite Realty will have a dividend payout ratio of 86.10% in the coming year. This indicates that CoreSite Realty may not be able to sustain their current dividend.
View CoreSite Realty's dividend history.

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

CoreSite Realty updated its FY 2021 earnings guidance on Thursday, July, 29th. The company provided earnings per share (EPS) guidance of $5.520-$5.600 for the period. The company issued revenue guidance of $645 million-$653 million, compared to the consensus revenue estimate of $647.20 million.

What price target have analysts set for COR?

10 brokers have issued twelve-month target prices for CoreSite Realty's stock. Their forecasts range from $115.00 to $157.00. On average, they anticipate CoreSite Realty's share price to reach $133.63 in the next year. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for CoreSite Realty
or view top-rated stocks among Wall Street analysts.

Who are CoreSite Realty's key executives?

CoreSite Realty's management team includes the following people:
  • Mr. Paul E. Szurek, Pres, CEO & Director (Age 60, Pay $1.53M)
  • Mr. Jeffrey S. Finnin, CFO & Treasurer (Age 58, Pay $849.45k)
  • Mr. Derek S. McCandless, Sr. VP of Legal, Gen. Counsel & Sec. (Age 50, Pay $717.73k)
  • Mr. Steven J. Smith, Chief Revenue Officer (Age 56, Pay $934.44k)
  • Mr. Brian P. Warren, Sr. VP of Devel. & Product Engineering (Age 51, Pay $557.13k)
  • Mr. Mark R. Jones, Chief Accounting Officer (Age 45)
  • Kate Ruppe, Investor Relations Officer
  • Ms. Greer Aviv, VP of Investor Relations & Corp. Communications
  • Ms. Maile C. Kaiser, Sr. VP of Sales (Age 48)
  • Ms. Leslie McIntosh, VP of Human Resource

What is Paul E. Szurek's approval rating as CoreSite Realty's CEO?

27 employees have rated CoreSite Realty CEO Paul E. Szurek on Glassdoor.com. Paul E. Szurek has an approval rating of 86% among CoreSite Realty's employees.

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 Realty Trust (DLR), NVIDIA (NVDA), Cisco Systems (CSCO), AbbVie (ABBV), Crown Castle International (CCI), AT&T (T), Intel (INTC), Realty Income (O), QUALCOMM (QCOM) and Enterprise Products Partners (EPD).

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 institutional and retail investors. Top institutional shareholders include TCW Group Inc. (0.11%), State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.03%), Access Financial Services Inc. (0.03%), Taylor Frigon Capital Management LLC (0.02%) and New Mexico Educational Retirement Board (0.02%). Company insiders that own CoreSite Realty stock include Aleksandra Krusko, Brian Warren, Carlyle Group Management LLC, Derek Mccandless, Iv Aiv Gp LLC Crp, James A Gustke, Jeffrey S Finnin, John David Thompson, Juan Font, Maile Kaiser, Mark R Jones, Michael R Koehler, Paul E Szurek, Realty V 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 Access Financial Services Inc., State of Alaska Department of Revenue, and Stratos Wealth Partners LTD.. Company insiders that have sold CoreSite Realty company stock in the last year include Aleksandra Krusko, Brian Warren, James A Gustke, Jeffrey S Finnin, Juan Font, Maile Kaiser, Mark R Jones, Michael R Koehler, Paul E Szurek, Realty V Gp LLC Carlyle, and Steven James Smith.
View insider buying and selling activity for CoreSite Realty
or view top insider-selling stocks.

Which major investors are buying CoreSite Realty stock?

COR stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Brookstone Capital Management, Usca Ria LLC, 6 Meridian, Raymond James Trust N.A., New Mexico Educational Retirement Board, Taylor Frigon Capital Management LLC, and Oregon Public Employees Retirement Fund.
View insider buying and selling activity for CoreSite Realty
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CoreSite Realty's stock price today?

One share of COR stock can currently be purchased for approximately $135.28.

How much money does CoreSite Realty make?

CoreSite Realty has a market capitalization of $5.82 billion and generates $606.82 million in revenue each year. The real estate investment trust earns $79.31 million in net income (profit) each year or $5.31 on an earnings per share basis.

How many employees does CoreSite Realty have?

CoreSite Realty employs 481 workers across the globe.

Does CoreSite Realty have any subsidiaries?

The following companies are subsidiares of CoreSite Realty: Colo 6 LLC, Comfluent Acquisition L.L.C., CoreSite 1099 14th Street NW L.L.C., CoreSite 1275 K Street L.L.C., CoreSite 32 Avenue of the Americas L.L.C., CoreSite Data Center Services Inc., CoreSite Denver L.L.C., CoreSite Development Services Inc., CoreSite L.L.C., CoreSite L.P., CoreSite One Wilshire L.L.C., CoreSite Real Estate 12100 Sunrise Valley Drive L.L.C., CoreSite Real Estate 1656 McCarthy GP L.L.C., CoreSite Real Estate 1656 McCarthy L.P., CoreSite Real Estate 2 Emerson Lane L.L.C., CoreSite Real Estate 2115 NW 22nd Street L.L.C., CoreSite Real Estate 2901 Coronado GP L.L.C., CoreSite Real Estate 2901 Coronado L.P., CoreSite Real Estate 2950 Stender GP L.L.C., CoreSite Real Estate 2950 Stender L.P., CoreSite Real Estate 2972 Stender GP L.L.C., CoreSite Real Estate 2972 Stender L.P., CoreSite Real Estate 3001 Coronado GP L.L.C., CoreSite Real Estate 3001 Coronado L.P., CoreSite Real Estate 3032 Coronado GP L.L.C., CoreSite Real Estate 3032 Coronado L.P., CoreSite Real Estate 3045 Stender GP L.L.C., CoreSite Real Estate 3045 Stender L.P., CoreSite Real Estate 427 S. LaSalle L.L.C., CoreSite Real Estate 55 S. Market Street L.L.C., CoreSite Real Estate 70 Innerbelt L.L.C., CoreSite Real Estate 900 N. Alameda GP L.L.C., CoreSite Real Estate 900 N. Alameda L.P., CoreSite Real Estate CH2 L.L.C., CoreSite Real Estate Sunrise Technology Park L.L.C., U.S. Colo LLC, U.S. Colo. LLC, US Colo @ 800 Hope LLC A Limited Liability Company, and US Colo Holding Company L.L.C..

When was CoreSite Realty founded?

CoreSite Realty was founded in 2001.

What is CoreSite Realty's official website?

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

Where are CoreSite Realty's headquarters?

CoreSite Realty is headquartered at 1001 17TH STREET SUITE 500, DENVER CO, 80202.

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 7/29/2021 by MarketBeat.com Staff
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