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 $113.19 -2.70 (-2.33 %) (As of 04/7/2020 04:00 PM ET) Add Compare Share Today's Range$112.82Now: $113.19▼$120.7650-Day Range$93.45MA: $108.76▼$115.9052-Week Range$90.07Now: $113.19▼$123.68Volume419,800 shsAverage Volume462,284 shsMarket Capitalization$4.29 billionP/E Ratio55.21Dividend Yield4.21%Beta0.31 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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™ 1.1 Analyst's Opinion Consensus RatingCoreSite Realty has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $111.50, CoreSite Realty has a potential downside of 1.5% from its current price of $113.19.Amount of Analyst CoverageCoreSite Realty has only been the subject of 3 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCoreSite Realty has received 391 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCoreSite Realty has received 430 “underperform” votes. (Add your “underperform” vote.)Community SentimentCoreSite Realty has received 52.38% “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 4.21%, 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 88.25 % 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 $3,642,407.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of CoreSite Realty is held by insiders.Percentage Held by Institutions94.10% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for CoreSite Realty are expected to grow by 6.96% in the coming year, from $5.17 to $5.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoreSite Realty is 55.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.86.Price to Earnings Ratio vs. SectorThe P/E ratio of CoreSite Realty is 55.21, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.32.Price to Earnings Growth RatioCoreSite Realty has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCoreSite Realty has a P/B Ratio of 19.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.64 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 Webhttp://www.coresite.com/ Phone866-777-2673Debt Debt-to-Equity Ratio6.91 Current Ratio0.13 Quick Ratio0.13Price-To-Earnings Trailing P/E Ratio55.21 Forward P/E Ratio21.89 P/E Growth1.03 Sales & Book Value Annual Sales$572.73 million Price / Sales7.49 Cash Flow$6.24 per share Price / Cash Flow18.14 Book Value$5.68 per share Price / Book19.93Profitability EPS (Most Recent Fiscal Year)$5.10 Net Income$75.84 million Net Margins13.24% Return on Equity29.18% Return on Assets3.75%Miscellaneous Employees450 Outstanding Shares37,905,000Market Cap$4.29 billion Next Earnings Date4/22/2020 (Estimated) OptionableOptionable 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. COR Rates by TradingView 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COR stock has increased by 6.5% and is now trading at $113.19. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CoreSite Realty? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings 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, April 22nd 2020. View our earnings forecast for CoreSite Realty. How were CoreSite Realty's earnings last quarter? CoreSite Realty Corp (NYSE:COR) posted its quarterly earnings data on Thursday, February, 6th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.31 by $0.80. The real estate investment trust earned $146 million during the quarter, compared to the consensus estimate of $148.17 million. CoreSite Realty had a net margin of 13.24% and a return on equity of 29.18%. CoreSite Realty's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.26 earnings per share. View CoreSite Realty's earnings history. How often does CoreSite Realty pay dividends? What is the dividend yield for CoreSite Realty? CoreSite Realty announced a quarterly dividend on Monday, March 9th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $1.22 per share on Wednesday, April 15th. This represents a $4.88 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Monday, March 30th. 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, February, 6th. The company provided earnings per share (EPS) guidance of $5.10-5.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.40. What price target have analysts set for COR? 8 brokerages have issued twelve-month price targets for CoreSite Realty's shares. Their forecasts range from $100.00 to $128.00. On average, they anticipate CoreSite Realty's share price to reach $111.50 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View analysts' price targets for CoreSite Realty. Has CoreSite Realty been receiving favorable news coverage? News coverage about COR stock has trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press 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 coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. 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), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), 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). 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), Cisco Systems (CSCO), Simon Property Group (SPG), AT&T (T), Realty Income (O), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Broadcom (AVGO) and Intel (INTC). 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 many different retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.08%) and State of Alaska Department of Revenue (0.05%). Company insiders that own CoreSite Realty stock include Brian Warren, Carlyle Group Management LLC, 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 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 Spirit of America Management Corp NY. Company insiders that have sold CoreSite Realty company stock in the last year include Brian Warren, Carlyle Group Management LLC, Derek Mccandless, Jeffrey S Finnin, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $113.19. How big of a company is CoreSite Realty? CoreSite Realty has a market capitalization of $4.29 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. View additional information about CoreSite Realty. 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Cash Flow Analysis in Stock Selection
