NYSE:COR - CoreSite Realty Stock Price, News, & Analysis

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$96.90 -0.69 (-0.71 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$97.59
Today's Range$96.1350 - $97.25
52-Week Range$88.37 - $118.90
Volume252,103 shs
Average Volume356,511 shs
Market Capitalization$3.59 billion
P/E Ratio21.44
Dividend Yield4.21%
Beta0.57
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.

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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 Ratio21.44
Forward P/E Ratio19.19
P/E Growth1.37

Sales & Book Value

Annual Sales$481.82 million
Price / Sales7.38
Cash Flow$5.9339 per share
Price / Cash Flow16.33
Book Value$12.23 per share
Price / Book7.92

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$3.59 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. 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 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, December 28th. This is a positive change 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 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.24 by $0.72. The real estate investment trust had revenue of $139.18 million for the quarter, compared to the consensus estimate of $138.10 million. CoreSite Realty had a net margin of 14.91% and a return on equity of 20.18%. View CoreSite Realty's Earnings History.

When is CoreSite Realty's next earnings date?

CoreSite Realty is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for CoreSite Realty.

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 Wall Street analysts have issued 1-year price objectives for CoreSite Realty's stock. Their forecasts range from $102.00 to $153.00. On average, they anticipate CoreSite Realty's stock price to reach $116.7692 in the next twelve months. This suggests a possible upside of 20.5% 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 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 trended somewhat negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CoreSite Realty earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the near term.

Who are some of CoreSite Realty's key competitors?

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 number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.54%), Vanguard Group Inc (14.54%), BlackRock Inc. (10.22%), FMR LLC (7.95%), Wells Fargo & Company MN (4.48%) and Deutsche Bank AG (3.24%). 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 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 major investors are buying CoreSite Realty stock?

COR stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Aviva PLC, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Franklin Resources Inc., Renaissance Technologies LLC and Uniplan Investment Counsel 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 $96.90.

How big of a company is CoreSite Realty?

CoreSite Realty has a market capitalization of $3.59 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?

The official website for CoreSite Realty is http://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]


MarketBeat Community Rating for CoreSite Realty (NYSE COR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  636
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.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

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