CoreSite Realty Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.
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Wall Street analysts have given CoreSite Realty a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CoreSite Realty wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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CoreSite Realty saw a drop in short interest in March. As of March 15th, there was short interest totaling 649,900 shares, a drop of 31.4% from the February 28th total of 946,800 shares. Based on an average daily trading volume, of 345,100 shares, the short-interest ratio is currently 1.9 days. Approximately 1.8% of the company's stock are sold short.
View CoreSite Realty's Short Interest.

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

CoreSite Realty will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CoreSite Realty Co. (NYSE:COR) released its quarterly earnings results on Thursday, February, 4th. The real estate investment trust reported $0.46 EPS for the quarter, missing the consensus estimate of $1.32 by $0.86. The real estate investment trust had revenue of $154.90 million for the quarter, compared to the consensus estimate of $153.71 million. CoreSite Realty had a trailing twelve-month return on equity of 51.47% and a net margin of 13.19%. The business's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 earnings per share.
View CoreSite Realty's earnings history.

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 13.8% and is now trading at $120.99.
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CoreSite Realty announced a quarterly dividend on Thursday, March 4th. Investors of record on Wednesday, March 31st will be paid a dividend of $1.23 per share on Thursday, April 15th. This represents a $4.92 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Tuesday, March 30th.
View CoreSite Realty's dividend history.

CoreSite Realty pays an annual dividend of $4.92 per share and currently has a dividend yield of 4.06%. COR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. CoreSite Realty does not yet have a strock track record of dividend growth. The dividend payout ratio of CoreSite Realty is 96.47%. 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 87.54% in the coming year. This indicates that CoreSite Realty may not be able to sustain their current dividend.
View CoreSite Realty's dividend history.

CoreSite Realty issued an update on its FY21 earnings guidance on Thursday, February, 4th. The company provided earnings per share (EPS) guidance of $5.42-5.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.60. The company issued revenue guidance of $642-652 million, compared to the consensus revenue estimate of $655.73 million.

10 brokerages have issued 1-year price targets for CoreSite Realty's shares. Their forecasts range from $110.00 to $156.00. On average, they expect CoreSite Realty's share price to reach $130.44 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
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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.

Some companies that are related to CoreSite Realty include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
View all of COR's competitors.

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).

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

CoreSite Realty's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pacer Advisors Inc. (0.59%), State of Alaska Department of Revenue (0.06%), Pensionfund DSM Netherlands (0.04%) and Pensionfund Sabic (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, 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.

COR stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc.. Company insiders that have sold CoreSite Realty company stock in the last year include Aleksandra Krusko, Brian Warren, Derek Mccandless, Iv Aiv Gp LLC Crp, Jeffrey S Finnin, John David Thompson, Maile Kaiser, Mark R Jones, Michael R Koehler, Paul E Szurek, Realty V Gp LLC Carlyle, and Steven James Smith.
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COR stock was acquired by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, State of Alaska Department of Revenue, and Pensionfund Sabic.
View insider buying and selling activity for CoreSite Realty or or view top insider-buying stocks.

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.
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One share of COR stock can currently be purchased for approximately $120.99.

CoreSite Realty has a market capitalization of $5.20 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 481 workers across the globe.

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

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

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]