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
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone866-777-2673
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$544.39 million
Profitability
Miscellaneous
Employees454
Next Earnings Date4/25/2019 (Estimated)
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. Stockholders of record on Monday, December 31st will be paid a dividend of $1.10 per share on Tuesday, January 15th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.18%. 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 earnings results on Wednesday, February, 6th. The real estate investment trust reported $1.26 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $1.26. The real estate investment trust earned $139.10 million during the quarter, compared to analysts' expectations of $139.89 million. CoreSite Realty had a return on equity of 20.97% and a net margin of 14.31%. The business's revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company earned $1.18 EPS. 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 FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $5.21-$5.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.30. CoreSite Realty also updated its FY 2019 guidance to $5.21-5.31 EPS.
What price target have analysts set for COR?
16 brokers have issued 12-month price targets for CoreSite Realty's shares. Their forecasts range from $95.00 to $153.00. On average, they expect CoreSite Realty's stock price to reach $114.2308 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets for CoreSite Realty.
What is the consensus analysts' recommendation for CoreSite Realty?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CoreSite Realty.
Has CoreSite Realty been receiving favorable news coverage?
Headlines about COR stock have been trending somewhat positive on Friday, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 news sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are some of CoreSite Realty's key competitors?
Some companies that are related to CoreSite Realty include Alexandria Real Estate Equities (ARE), HCP (HCP), Host Hotels and Resorts (HST), ANNALY CAP MGMT/SH (NLY), Vornado Realty Trust (VNO), UDR (UDR), Extra Space Storage (EXR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Mid-America Apartment Communities (MAA), Regency Centers (REG), Duke Realty (DRE), Gecina (GECFF), Iron Mountain (IRM) and Federal Realty Investment Trust (FRT).
What other stocks do shareholders of CoreSite Realty own?
Who are CoreSite Realty's key executives?
CoreSite Realty's management team includes the folowing 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 Engineering & Product (Age 49)
Who are CoreSite Realty's major shareholders?
CoreSite Realty's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.58%), Mairs & Power INC (2.59%), Aviva PLC (1.97%), Lasalle Investment Management Securities LLC (1.66%), Dimensional Fund Advisors LP (1.49%) and Bank of America Corp DE (1.45%). 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 major investors are selling CoreSite Realty stock?
COR stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Nuveen Asset Management LLC, American Assets Capital Advisers LLC, Payden & Rygel, Prudential Financial Inc., Phocas Financial Corp., Monarch Partners Asset Management LLC and Bank of America Corp DE. 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 major investors are buying CoreSite Realty stock?
COR stock was bought by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, BlackRock Inc., Reaves W H & Co. Inc., Edge Capital Group LLC, Mairs & Power INC, Strs Ohio, Copper Rock Capital Partners LLC and Copeland Capital Management LLC. 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 $105.20.
How big of a company is CoreSite Realty?
CoreSite Realty has a market capitalization of $3.86 billion and generates $544.39 million in revenue each year. The real estate investment trust earns $77.92 million in net income (profit) each year or $5.06 on an earnings per share basis. CoreSite Realty employs 454 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.
