NYSE:CORCoreSite Realty Stock Price, Forecast & 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 $122.00 +1.09 (+0.90 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$120.51Now: $122.00▼$122.2250-Day Range$111.58MA: $120.06▼$124.5052-Week Range$90.07Now: $122.00▼$126.40Volume297,420 shsAverage Volume450,897 shsMarket Capitalization$4.62 billionP/E Ratio61.31Dividend Yield4.00%Beta0.3 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 2.0 Analyst's Opinion Consensus RatingCoreSite Realty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $115.56, CoreSite Realty has a potential downside of 5.3% from its current price of $122.00.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 394 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCoreSite Realty has received 437 “underperform” votes. (Add your “underperform” vote.)Community SentimentCoreSite Realty has received 52.59% “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 2.5 Dividend Strength Dividend LeadershipCoreSite Realty is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCoreSite Realty has been increasing its dividend for 9 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 88.57 % 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 $314,741,702.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of CoreSite Realty is held by insiders.Percentage Held by Institutions94.34% 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 6.99% in the coming year, from $5.15 to $5.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoreSite Realty is 61.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.80.Price to Earnings Ratio vs. SectorThe P/E ratio of CoreSite Realty is 61.31, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.63.Price to Earnings Growth RatioCoreSite Realty has a PEG Ratio of 1.13. 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 21.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.71 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 Ratio9.56 Current Ratio0.17 Quick Ratio0.17Price-To-Earnings Trailing P/E Ratio61.31 Forward P/E Ratio23.69 P/E Growth1.13 Sales & Book Value Annual Sales$572.73 million Price / Sales8.07 Cash Flow$6.15 per share Price / Cash Flow19.83 Book Value$5.68 per share Price / Book21.48Profitability EPS (Most Recent Fiscal Year)$5.10 Net Income$75.84 million Net Margins12.74% Return on Equity32.98% Return on Assets3.57%Miscellaneous Employees450 Outstanding Shares37,903,000Market Cap$4.62 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable COR Rates by TradingView 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 (Coronavirus)? CoreSite Realty's stock was trading at $106.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COR shares have increased by 14.8% and is now trading at $122.00. View which stocks have been most impacted by Coronavirus. 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 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. When is CoreSite Realty's next earnings date? CoreSite Realty is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for CoreSite Realty. How were CoreSite Realty's earnings last quarter? CoreSite Realty Corp (NYSE:COR) released its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.27 by $0.79. The real estate investment trust had revenue of $147.40 million for the quarter, compared to analysts' expectations of $146.34 million. CoreSite Realty had a net margin of 12.74% and a return on equity of 32.98%. The business's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.25 EPS. 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 Friday, May 22nd. Investors of record on Tuesday, June 30th will be given a dividend of $1.22 per share on Wednesday, July 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Monday, June 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, April, 30th. The company provided earnings per share guidance of $5.10-5.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.14. What price target have analysts set for COR? 9 analysts have issued 1-year price objectives for CoreSite Realty's stock. Their forecasts range from $100.00 to $128.00. On average, they expect CoreSite Realty's share price to reach $115.56 in the next year. This suggests that the stock has a possible downside of 5.3%. View analysts' price targets for CoreSite Realty. Has CoreSite Realty been receiving favorable news coverage? News stories about COR stock have been trending negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CoreSite Realty earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave 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 term. View the latest news aboutCoreSite Realty. 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), Equity Commonwealth (EQC), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), 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. 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), 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). 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 institutional and retail investors. Top institutional shareholders 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. 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., BlackRock Inc., Russell Investments Group Ltd., Franklin Resources Inc., Morgan Stanley, First Trust Advisors LP, and Dupont Capital Management Corp. 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. Which institutional investors are buying CoreSite Realty stock? 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. 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 $122.00. How big of a company is CoreSite Realty? CoreSite Realty has a market capitalization of $4.62 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 5/26/2020 by MarketBeat.com Staff
