NYSE:COR

CoreSite Realty Stock Forecast, Price & News

$118.88
+1.28 (+1.09 %)
(As of 05/7/2021 12:00 AM ET)
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Today's Range
$117.74
$119.68
50-Day Range
$114.99
$127.27
52-Week Range
$107.23
$141.50
Volume320,824 shs
Average Volume343,180 shs
Market Capitalization$5.11 billion
P/E Ratio59.14
Dividend Yield4.18%
Beta0.23
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP21870Q10
Phone866-777-2673
Employees481
Year Founded2001

Sales & Book Value

Annual Sales$572.73 million
Cash Flow$5.97 per share
Book Value$5.68 per share

Profitability

Net Income$75.84 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$5.11 billion
Next Earnings Date7/29/2021 (Estimated)
OptionableOptionable

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About CoreSite Realty

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,375 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 460+ dedicated employees consistently deliver unmatched data center options  all of which leads to a best-in-class customer experience and lasting relationships.

MarketRank

Overall MarketRank

2.00 out of 5 stars

Finance Sector

204th out of 1,951 stocks

Real Estate Investment Trusts Industry

31st out of 274 stocks

Analyst Opinion: 3.1Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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CoreSite Realty (NYSE:COR) Frequently Asked Questions

Is CoreSite Realty a buy right now?

10 Wall Street equities 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 equities 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.
View analyst ratings for CoreSite Realty
or view top-rated stocks.

What stocks does MarketBeat like better than CoreSite Realty?

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.
View MarketBeat's top stock picks here.

Are investors shorting CoreSite Realty?

CoreSite Realty saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 783,100 shares, an increase of 25.3% from the March 31st total of 625,100 shares. Based on an average daily trading volume, of 337,500 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.1% of the shares of the company are sold short.
View CoreSite Realty's Short Interest
.

When is CoreSite Realty's next earnings date?

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

How were CoreSite Realty's earnings last quarter?

CoreSite Realty Co. (NYSE:COR) issued its quarterly earnings data on Thursday, April, 29th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $1.33 by $0.82. The real estate investment trust earned $157.60 million during the quarter, compared to analyst estimates of $156.63 million. CoreSite Realty had a trailing twelve-month return on equity of 51.47% and a net margin of 13.19%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 EPS.
View CoreSite Realty's earnings history
.

How has CoreSite Realty's stock been impacted by 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. Since then, COR shares have increased by 11.8% and is now trading at $118.88.
View which stocks have been most impacted by COVID-19
.

How often does CoreSite Realty pay dividends? What is the dividend yield for CoreSite Realty?

CoreSite Realty declared a quarterly dividend on Thursday, March 4th. Stockholders 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 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Tuesday, March 30th.
View CoreSite Realty's dividend history
.

Is CoreSite Realty a good dividend stock?

CoreSite Realty pays an annual dividend of $4.92 per share and currently has a dividend yield of 4.18%. 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.

What guidance has CoreSite Realty issued on next quarter's earnings?

CoreSite Realty issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 5.420-5.520 for the period. The company issued revenue guidance of -.

What price target have analysts set for COR?

10 Wall Street analysts have issued 12-month target prices for CoreSite Realty's stock. Their forecasts range from $115.00 to $157.00. On average, they anticipate CoreSite Realty's stock price to reach $133.63 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts' price targets for CoreSite Realty
or view top-rated stocks among Wall Street analysts.

Who are CoreSite Realty's key executives?

CoreSite Realty's management team includes the following people:
  • Mr. Paul E. Szurek, Pres, CEO & Director (Age 60, Pay $1.53M) (LinkedIn Profile)
  • Mr. Jeffrey S. Finnin, CFO & Treasurer (Age 58, Pay $849.45k) (LinkedIn Profile)
  • Mr. Derek S. McCandless, Sr. VP of Legal, Gen. Counsel & Sec. (Age 50, Pay $717.73k) (LinkedIn Profile)
  • Mr. Steven J. Smith, Chief Revenue Officer (Age 56, Pay $934.44k) (LinkedIn Profile)
  • Mr. Brian P. Warren, Sr. VP of Devel. & Product Engineering (Age 51, Pay $557.13k) (LinkedIn Profile)
  • Mr. Mark R. Jones, Chief Accounting Officer (Age 45)
  • Kate Ruppe, Investor Relations Officer
  • Ms. Greer Aviv, VP of Investor Relations & Corp. Communications
  • Ms. Maile C. Kaiser, Sr. VP of Sales (Age 48) (LinkedIn Profile)
  • Ms. Leslie McIntosh, VP of Human Resource (LinkedIn Profile)

What is Paul E. Szurek's approval rating as CoreSite Realty's CEO?

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.

Who are some of CoreSite Realty's key 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 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).

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.65%), Reaves W H & Co. Inc. (1.67%), Boston Trust Walden Corp (0.97%), Pacer Advisors Inc. (0.59%), Fisher Asset Management LLC (0.52%) and Rhumbline Advisers (0.28%). 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
.

Which institutional investors are selling CoreSite Realty stock?

COR stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Reaves W H & Co. Inc., Cibc World Markets Corp, Fisher Asset Management LLC, The Manufacturers Life Insurance Company , Sumitomo Mitsui Trust Holdings Inc., Strs Ohio, and Nisa Investment Advisors LLC. 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.
View insider buying and selling activity for CoreSite Realty
or view top insider-selling stocks.

Which institutional investors are buying CoreSite Realty stock?

COR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., GSB Wealth Management LLC, Boston Trust Walden Corp, Carnegie Capital Asset Management LLC, OLD National Bancorp IN, Quantitative Systematic Strategies LLC, Pensionfund DSM Netherlands, and Landsberg Bennett & Dubbaneh LLC.
View insider buying and selling activity for CoreSite Realty
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CoreSite Realty's stock price today?

One share of COR stock can currently be purchased for approximately $118.88.

How much money does CoreSite Realty make?

CoreSite Realty has a market capitalization of $5.11 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.

How many employees does CoreSite Realty have?

CoreSite Realty employs 481 workers across the globe.

Does CoreSite Realty have any subsidiaries?

The following companies are subsidiares of CoreSite Realty: Colo 6 LLC, Comfluent Acquisition L.L.C., CoreSite 1099 14th Street NW L.L.C., CoreSite 1275 K Street L.L.C., CoreSite 32 Avenue of the Americas L.L.C., CoreSite Data Center Services Inc., CoreSite Denver L.L.C., CoreSite Development Services Inc., CoreSite L.L.C., CoreSite L.P., CoreSite One Wilshire L.L.C., CoreSite Real Estate 12100 Sunrise Valley Drive L.L.C., CoreSite Real Estate 1656 McCarthy GP L.L.C., CoreSite Real Estate 1656 McCarthy L.P., CoreSite Real Estate 2 Emerson Lane L.L.C., CoreSite Real Estate 2115 NW 22nd Street L.L.C., CoreSite Real Estate 2901 Coronado GP L.L.C., CoreSite Real Estate 2901 Coronado L.P., CoreSite Real Estate 2950 Stender GP L.L.C., CoreSite Real Estate 2950 Stender L.P., CoreSite Real Estate 2972 Stender GP L.L.C., CoreSite Real Estate 2972 Stender L.P., CoreSite Real Estate 3001 Coronado GP L.L.C., CoreSite Real Estate 3001 Coronado L.P., CoreSite Real Estate 3032 Coronado GP L.L.C., CoreSite Real Estate 3032 Coronado L.P., CoreSite Real Estate 3045 Stender GP L.L.C., CoreSite Real Estate 3045 Stender L.P., CoreSite Real Estate 427 S. LaSalle L.L.C., CoreSite Real Estate 55 S. Market Street L.L.C., CoreSite Real Estate 70 Innerbelt L.L.C., CoreSite Real Estate 900 N. Alameda GP L.L.C., CoreSite Real Estate 900 N. Alameda L.P., CoreSite Real Estate CH2 L.L.C., CoreSite Real Estate Sunrise Technology Park L.L.C., U.S. Colo LLC, U.S. Colo. LLC, US Colo @ 800 Hope LLC A Limited Liability Company, and US Colo Holding Company L.L.C..

When was CoreSite Realty founded?

CoreSite Realty was founded in 2001.

What is CoreSite Realty's official website?

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

Where are CoreSite Realty's headquarters?

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

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 5/8/2021 by MarketBeat.com Staff
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