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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:COR
Previous Symbol
CUSIP21870Q10
Phone866-777-2673
Debt
Debt-to-Equity Ratio2.95
Current Ratio0.21
Quick Ratio0.21
Price-To-Earnings
Trailing P/E Ratio21.50
Forward P/E Ratio19.25
P/E Growth1.23
Sales & Book Value
Annual Sales$481.82 million
Price / Sales7.40
Cash Flow$5.9920 per share
Price / Cash Flow16.22
Book Value$12.23 per share
Price / Book7.95
Profitability
EPS (Most Recent Fiscal Year)$4.52
Net Income$74.85 million
Net Margins14.91%
Return on Equity20.18%
Return on Assets4.69%
Miscellaneous
Employees465
Outstanding Shares36,700,000
Market Cap$3.57 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 announced a quarterly dividend on Friday, December 7th. Shareholders of record on Monday, December 31st will be given a dividend of $1.10 per share on Tuesday, January 15th. This represents a $4.40 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend is Friday, December 28th. This is an increase 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) posted its quarterly earnings data on Thursday, October, 25th. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $1.24 by $0.72. The real estate investment trust earned $139.18 million during the quarter, compared to analyst estimates of $138.10 million. CoreSite Realty had a return on equity of 20.18% and a net margin of 14.91%. View CoreSite Realty's Earnings History.
When is CoreSite Realty's next earnings date?
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 EPS guidance of $5.00-5.08 for the period.
What price target have analysts set for COR?
15 brokerages have issued 12 month price targets for CoreSite Realty's shares. Their forecasts range from $104.00 to $153.00. On average, they expect CoreSite Realty's stock price to reach $118.00 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View Analyst Price Targets for CoreSite Realty.
What is the consensus analysts' recommendation for CoreSite Realty?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (10/30/2018)
- 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?
News headlines about COR stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CoreSite Realty earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are some of CoreSite Realty's key competitors?
Some companies that are related to CoreSite Realty include HCP (HCP), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Gecina (GECFF), Regency Centers (REG), Duke Realty (DRE), Klepierre (KLPEF) and Federal Realty Investment Trust (FRT).
Who are CoreSite Realty's key executives?
CoreSite Realty's management team includes the folowing people:
- Mr. Paul E. Szurek, Pres, CEO & Director (Age 57)
- Mr. Jeffrey S. Finnin, Chief Financial Officer (Age 55)
- Mr. Derek S. McCandless, Sr. VP of Legal, Gen. Counsel & Sec. (Age 47)
- Mr. Steven J. Smith, Chief Revenue Officer (Age 53)
- Mr. Brian P. Warren, Sr. VP of Engineering & Product (Age 48)
Who are CoreSite Realty's major shareholders?
CoreSite Realty's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.54%), BlackRock Inc. (10.22%), FMR LLC (7.95%), Wells Fargo & Company MN (4.48%), Deutsche Bank AG (3.24%) and Renaissance Technologies LLC (2.30%). 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 Deutsche Bank AG, JPMorgan Chase & Co., JPMorgan Chase & Co., Man Group plc, FMR LLC, Allianz Asset Management GmbH, Duff & Phelps Investment Management Co. and Wells Fargo & Company MN. 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 purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Aviva PLC, Vanguard Group Inc., BlackRock Inc., Franklin Resources Inc., Renaissance Technologies LLC, Uniplan Investment Counsel Inc. and Panagora Asset Management Inc.. 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 $97.19.
How big of a company is CoreSite Realty?
CoreSite Realty has a market capitalization of $3.57 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?
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)
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.
