NYSE:COR CoreSite Realty Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CoreSite Realty Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $117.79 -2.08 (-1.74 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$116.92Now: $117.79▼$119.8550-Day Range$114.51MA: $122.01▼$129.0552-Week Range$90.07Now: $117.79▼$130.56Volume993,660 shsAverage Volume422,912 shsMarket Capitalization$5.01 billionP/E Ratio59.49Dividend Yield4.07%Beta0.22 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingCoreSite Realty has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $120.88, CoreSite Realty has a forecasted upside of 2.6% from its current price of $117.79.Amount of Analyst CoverageCoreSite Realty has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCoreSite Realty has received 397 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCoreSite Realty has received 444 “underperform” votes. (Add your “underperform” vote.)Community SentimentCoreSite Realty has received 52.79% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipCoreSite Realty is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCoreSite Realty has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of CoreSite Realty is 95.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, CoreSite Realty will have a dividend payout ratio of 87.77% in the coming year. This indicates that CoreSite Realty may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CoreSite Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,451,711.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of CoreSite Realty is held by insiders.Percentage Held by Institutions93.32% of the stock of CoreSite Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CoreSite Realty are expected to grow by 6.51% in the coming year, from $5.22 to $5.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoreSite Realty is 59.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of CoreSite Realty is 59.49, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Earnings Growth RatioCoreSite Realty has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCoreSite Realty has a P/B Ratio of 20.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:COR Previous Symbol CUSIP21870Q10 CIK1490892 Webwww.coresite.com Phone866-777-2673Debt Debt-to-Equity Ratio12.28 Current Ratio0.14 Quick Ratio0.14Price-To-Earnings Trailing P/E Ratio59.49 Forward P/E Ratio22.57 P/E Growth1.07 Sales & Book Value Annual Sales$572.73 million Price / Sales8.75 Cash Flow$6.22 per share Price / Cash Flow18.95 Book Value$5.68 per share Price / Book20.74Profitability EPS (Most Recent Fiscal Year)$5.10 Net Income$75.84 million Net Margins12.77% Return on Equity39.91% Return on Assets3.55%Miscellaneous Employees450 Outstanding Shares42,533,000Market Cap$5.01 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $117.79 -2.08 (-1.74 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive COR News and Ratings via Email Sign-up to receive the latest news and ratings for COR and its competitors with MarketBeat's FREE daily newsletter. CoreSite Realty (NYSE:COR) Frequently Asked Questions How has CoreSite Realty's stock been impacted by COVID-19? 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 (WHO). Since then, COR shares have increased by 10.8% and is now trading at $117.79. View which stocks have been most impacted by COVID-19. 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 2 sell ratings, 4 hold ratings and 3 buy ratings 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 Thursday, October 29th 2020. View our earnings forecast for CoreSite Realty. How were CoreSite Realty's earnings last quarter? CoreSite Realty Corp (NYSE:COR) announced its earnings results on Thursday, July, 30th. The real estate investment trust reported $0.52 EPS for the quarter, beating the consensus estimate of $0.45 by $0.07. The real estate investment trust had revenue of $150.54 million for the quarter, compared to the consensus estimate of $149.87 million. CoreSite Realty had a net margin of 12.77% and a return on equity of 39.91%. The business's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.27 earnings per share. 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 Wednesday, September 2nd. Stockholders of record on Wednesday, September 30th will be paid a dividend of $1.22 per share on Thursday, October 15th. This represents a $4.88 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date is Tuesday, September 29th. View CoreSite Realty's dividend history. What guidance has CoreSite Realty issued on next quarter's earnings? CoreSite Realty updated its FY20 earnings guidance on Thursday, July, 30th. The company provided EPS guidance of $5.15-5.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.16. What price target have analysts set for COR? 9 brokers have issued 12-month target prices for CoreSite Realty's stock. Their forecasts range from $100.00 to $141.00. On average, they expect CoreSite Realty's share price to reach $120.88 in the next year. This suggests a possible upside of 2.6% from the stock's current price. View analysts' price targets for CoreSite Realty. Are investors shorting CoreSite Realty? CoreSite Realty saw a decrease in short interest in August. As of August 31st, there was short interest totaling 789,400 shares, a decrease of 14.9% from the August 15th total of 927,700 shares. Based on an average daily trading volume, of 354,100 shares, the days-to-cover ratio is currently 2.2 days. View CoreSite Realty's Short Interest. Who are some of CoreSite Realty's key competitors? 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), Highwoods Properties (HIW), Equity Commonwealth (EQC), SL Green Realty (SLG), Hudson Pacific Properties (HPP), 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 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), AbbVie (ABBV), CROWN CASTLE IN/SH SH (CCI), AT&T (T), Cisco Systems (CSCO), Intel (INTC), Realty Income (O), Enterprise Products Partners (EPD) and Simon Property Group (SPG). 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 Vanguard Group Inc. (12.74%), FMR LLC (3.93%), Principal Financial Group Inc. (3.77%), Principal Financial Group Inc. (3.77%), Mairs & Power Inc. (2.94%) and Goldman Sachs Group Inc. (1.66%). 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, Michael R Koehler, Paul E Szurek, Realty V 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 FMR LLC, William Blair Investment Management LLC, Thrivent Financial for Lutherans, Vanguard Group Inc., FDx Advisors Inc., WINTON GROUP Ltd, Prudential Financial Inc., and SG Americas Securities LLC. Company insiders that have sold CoreSite Realty company stock in the last year include Brian Warren, 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 insider buying and selling activity for CoreSite Realty. Which institutional investors are buying CoreSite Realty stock? COR stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Charles Schwab Investment Management Inc., Balyasny Asset Management LLC, Federated Hermes Inc., Oak Ridge Investments LLC, Pacer Advisors Inc., Public Employees Retirement Association of Colorado, and First Trust Advisors LP. 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 $117.79. How big of a company is CoreSite Realty? CoreSite Realty has a market capitalization of $5.01 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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