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

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$92.82 -0.48 (-0.51 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$93.30
Today's Range$92.18 - $93.98
52-Week Range$82.64 - $117.82
Volume315,955 shs
Average Volume440,478 shs
Market Capitalization$3.39 billion
P/E Ratio20.54
Dividend Yield4.85%
Beta0.68
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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Industry, Sector and Symbol

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

Debt

Current Ratio0.21
Quick Ratio0.21

Price-To-Earnings

Sales & Book Value

Annual Sales$481.82 million
Price / Sales7.07
Cash Flow$6.0273 per share
Price / Cash Flow15.40
Book Value$12.23 per share
Price / Book7.59

Profitability

Net Income$74.85 million
Net Margins14.91%
Return on Assets4.69%

Miscellaneous

Employees465
Market Cap$3.39 billion
OptionableOptionable

CoreSite Realty (NYSE:COR) Frequently Asked Questions

What is CoreSite Realty's stock symbol?

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

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

CoreSite Realty declared a quarterly dividend on Friday, December 7th. Shareholders of record on Monday, December 31st will be paid a dividend of $1.10 per share on Tuesday, January 15th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Friday, December 28th. This is a boost from CoreSite Realty's previous quarterly dividend of $1.03. View CoreSite Realty's Dividend History.

How were CoreSite Realty's earnings last quarter?

CoreSite Realty Corp (NYSE:COR) issued its quarterly earnings data on Thursday, October, 25th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by $0.72. The real estate investment trust had revenue of $139.18 million for the quarter, compared to analyst estimates of $138.10 million. CoreSite Realty had a net margin of 14.91% and a return on equity of 20.18%. View CoreSite Realty's Earnings History.

When is CoreSite Realty's next earnings date?

CoreSite Realty is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for CoreSite Realty.

How can I listen to CoreSite Realty's earnings call?

CoreSite Realty will be holding an earnings conference call on Thursday, February 7th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774073982.

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

CoreSite Realty issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $5.00-5.08 for the period.

What price target have analysts set for COR?

14 equities research analysts have issued 1 year target prices for CoreSite Realty's shares. Their predictions range from $102.00 to $153.00. On average, they anticipate CoreSite Realty's stock price to reach $116.0833 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for CoreSite Realty.

What is the consensus analysts' recommendation for CoreSite Realty?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CoreSite Realty.

What are Wall Street analysts saying about CoreSite Realty stock?

Here are some recent quotes from research analysts about CoreSite Realty stock:
  • 1. According to Zacks Investment Research, "Coresite Realty Corporation provides data center products and interconnection services. The data centers include ample and redundant power and advanced cooling and security systems, and many are points of dense network interconnection. The company's data centers are located in Los Angeles, the San Francisco Bay and northern Virginia areas, Chicago, Boston, New York City, and Miami. It serves telecommunications carriers, content and media entertainment providers, cloud providers, enterprise customers, financial and educational institutions, and government agencies. CoreSite Realty Corporation is headquartered in Denver, Colorado. " (1/3/2019)
  • 2. Credit Suisse Group AG analysts commented, "We found overall revenue guidance to be on the lighter side considering the solid industry-wide trends reported by various data center companies and industry data providers. We believe COR’s interconnection business will continue to drive strong topline growth since the segment is directly correlated to industry-wide secular themes such as rapidly scaling clouds." (2/11/2018)

Has CoreSite Realty been receiving favorable news coverage?

Media coverage about COR stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news 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 news impact score of -1.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Who are some of CoreSite Realty's key competitors?

Who are CoreSite Realty's key executives?

CoreSite Realty's management team includes the folowing 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 Engineering & Product (Age 49)

Who are CoreSite Realty's major shareholders?

CoreSite Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.29%), Retirement Systems of Alabama (0.13%), State of Alaska Department of Revenue (0.04%), Boston Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.03%) and First Hawaiian Bank (0.01%). Company insiders that own CoreSite Realty stock include Brian Warren, Derek Mccandless, Jeffrey S Finnin, Juan Font, Kenneth C Mcnaughton, Maile Kaiser, Mark R Jones, Olav Langelaar, Paul E Szurek, Realty Iii Gp LLC Carlyle and Steven James Smith. View Institutional Ownership Trends for CoreSite Realty.

Which institutional investors are selling CoreSite Realty stock?

COR stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, American National Bank, Louisiana State Employees Retirement System and First Hawaiian Bank. Company insiders that have sold CoreSite Realty company stock in the last year include Brian Warren, Derek Mccandless, Jeffrey S Finnin, Juan Font, Maile Kaiser, Mark R Jones, Paul E Szurek, Realty Iii Gp LLC Carlyle and Steven James Smith. View Insider Buying and Selling for CoreSite Realty.

Which institutional investors are buying CoreSite Realty stock?

COR stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Sit Investment Associates Inc., State of Alaska Department of Revenue and Retirement Systems of Alabama. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is CoreSite Realty's stock price today?

One share of COR stock can currently be purchased for approximately $92.83.

How big of a company is CoreSite Realty?

CoreSite Realty has a market capitalization of $3.39 billion and generates $481.82 million in revenue each year. The real estate investment trust earns $74.85 million in net income (profit) each year or $4.52 on an earnings per share basis. CoreSite Realty employs 465 workers across the globe.

What is CoreSite Realty's official website?

The official website for CoreSite Realty is http://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]


MarketBeat Community Rating for CoreSite Realty (NYSE COR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  642
MarketBeat's community ratings are surveys of what our community members think about CoreSite Realty and other stocks. Vote "Outperform" if you believe COR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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