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
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 Ratio21.33
Forward P/E Ratio19.09
P/E Growth1.22
Sales & Book Value
Annual Sales$481.82 million
Price / Sales7.34
Cash Flow$6.0187 per share
Price / Cash16.02
Book Value$9.91 per share
Price / Book9.73
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$3.52 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 declared a quarterly dividend on Monday, September 3rd. Investors of record on Friday, September 28th will be paid a dividend of $1.03 per share on Monday, October 15th. This represents a $4.12 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Thursday, September 27th. View CoreSite Realty's Dividend History.
How were CoreSite Realty's earnings last quarter?
CoreSite Realty Corp (NYSE:COR) posted its earnings results on Thursday, October, 25th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing the consensus estimate of $1.24 by $0.72. The real estate investment trust earned $139.18 million during the quarter, compared to analysts' expectations 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?
What guidance has CoreSite Realty issued on next quarter's earnings?
CoreSite Realty updated 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?
16 brokerages have issued 1-year price targets for CoreSite Realty's shares. Their forecasts range from $104.00 to $153.00. On average, they expect CoreSite Realty's share price to reach $119.1538 in the next year. This suggests a possible upside of 23.5% 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 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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?
Press coverage about COR stock has trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CoreSite Realty earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of CoreSite Realty's key competitors?
Some companies that are related to CoreSite Realty include Host Hotels and Resorts (HST), HCP (HCP), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Gecina (GECFF), Regency Centers (REG), UDR (UDR), Klepierre (KLPEF), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Federal Realty Investment Trust (FRT) and Iron Mountain (IRM).
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 institutional and retail investors. Top institutional investors include BlackRock Inc. (10.22%), FMR LLC (7.95%), Wells Fargo & Company MN (4.48%), JPMorgan Chase & Co. (1.21%), Bank of New York Mellon Corp (1.14%) and BTIM Corp. (0.85%). 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 JPMorgan Chase & Co., FMR LLC, Duff & Phelps Investment Management Co., Wells Fargo & Company MN, Prudential Financial Inc., Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V. and American Assets Capital Advisers LLC. 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 BlackRock Inc., First Trust Advisors LP, WINTON GROUP Ltd, Russell Investments Group Ltd., Bank of New York Mellon Corp, SG Americas Securities LLC, Dupont Capital Management Corp and Green Street Investors LLC. Company insiders that have bought CoreSite Realty stock in the last two years include Kenneth C Mcnaughton and Paul E Szurek. 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 $96.49.
How big of a company is CoreSite Realty?
CoreSite Realty has a market capitalization of $3.52 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?
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.
