NYSE:CORCoreSite Realty Stock Price, Forecast & News

CoreSite Realty's stock was trading at $106.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, COR shares have increased by 12.4% and is now trading at $119.51. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating 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, July 22nd 2020. View our earnings forecast for CoreSite Realty.

CoreSite Realty Corp (NYSE:COR) announced its quarterly earnings data on Thursday, April, 30th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.27 by $0.79. The real estate investment trust had revenue of $147.40 million for the quarter, compared to the consensus estimate of $146.34 million. CoreSite Realty had a return on equity of 32.98% and a net margin of 12.74%. The firm's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.25 earnings per share. View CoreSite Realty's earnings history.

CoreSite Realty declared a quarterly dividend on Friday, May 22nd. Shareholders of record on Tuesday, June 30th will be paid a dividend of $1.22 per share on Wednesday, July 15th. This represents a $4.88 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date is Monday, June 29th. View CoreSite Realty's dividend history.

CoreSite Realty updated its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $5.10-5.30 for the period, compared to the Thomson Reuters consensus estimate of $5.14.

9 brokers have issued 1-year price targets for CoreSite Realty's shares. Their forecasts range from $100.00 to $128.00. On average, they expect CoreSite Realty's stock price to reach $115.56 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View analysts' price targets for CoreSite Realty.

News coverage about COR stock has trended positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CoreSite Realty earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near 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), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), SL Green Realty (SLG), 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.

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

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

CoreSite Realty's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.68%), Principal Financial Group Inc. (4.15%), Invesco Ltd. (2.72%), State Street Corp (2.60%), Bank of New York Mellon Corp (1.73%) and Wells Fargo & Company MN (1.61%). 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, Paul E Szurek, Realty Iii 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 Deutsche Bank AG, JPMorgan Chase & Co., BlackRock Inc., Russell Investments Group Ltd., Franklin Resources Inc., Morgan Stanley, Morgan Stanley, and First Trust Advisors LP. Company insiders that have sold CoreSite Realty company stock in the last year 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, Paul E Szurek, and Steven James Smith. View insider buying and selling activity for CoreSite Realty.

COR stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Massachusetts Financial Services Co. MA, Centersquare Investment Management LLC, Invesco Ltd., Ranger Global Real Estate Advisors LLC, Pacer Advisors Inc., William Blair Investment Management LLC, and Advisory Research Inc.. View insider buying and selling activity for 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.

One share of COR stock can currently be purchased for approximately $119.51.

CoreSite Realty has a market capitalization of $4.53 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.

The official website for CoreSite Realty is 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]