NYSE:COR

CoreSite Realty Stock Forecast, Price & News

$120.99
-0.18 (-0.15 %)
(As of 04/9/2021 12:00 AM ET)
Add
Compare
Today's Range
$120.09
Now: $120.99
$121.33
50-Day Range
$108.82
MA: $118.40
$123.97
52-Week Range
$107.23
Now: $120.99
$141.50
Volume225,539 shs
Average Volume349,017 shs
Market Capitalization$5.20 billion
P/E Ratio60.19
Dividend Yield4.06%
Beta0.23
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.
CoreSite Realty logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$572.73 million
Cash Flow$6.08 per share
Book Value$5.68 per share

Profitability

Net Income$75.84 million

Miscellaneous

Market Cap$5.20 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

CoreSite Realty (NYSE:COR) PT Lowered to $120.00 at Mizuho
March 18, 2021 |  americanbankingnews.com
CoreSite Realty Corp Neutral
March 14, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

1.60 out of 5 stars

Finance Sector

544th out of 1,947 stocks

Real Estate Investment Trusts Industry

130th out of 274 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$120.99
-0.18 (-0.15 %)
(As of 04/9/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











CoreSite Realty (NYSE:COR) Frequently Asked Questions

Is CoreSite Realty a buy right now?

10 Wall Street 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 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 drop in short interest in March. As of March 15th, there was short interest totaling 649,900 shares, a drop of 31.4% from the February 28th total of 946,800 shares. Based on an average daily trading volume, of 345,100 shares, the short-interest ratio is currently 1.9 days. Approximately 1.8% of the company's stock 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, April 29th 2021.
View our earnings forecast for CoreSite Realty
.

How can I listen to CoreSite Realty's earnings call?

CoreSite Realty will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CoreSite Realty's earnings last quarter?

CoreSite Realty Co. (NYSE:COR) released its quarterly earnings results on Thursday, February, 4th. The real estate investment trust reported $0.46 EPS for the quarter, missing the consensus estimate of $1.32 by $0.86. The real estate investment trust had revenue of $154.90 million for the quarter, compared to the consensus estimate of $153.71 million. CoreSite Realty had a trailing twelve-month return on equity of 51.47% and a net margin of 13.19%. The business's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 earnings per share.
View CoreSite Realty's earnings history
.

How has CoreSite Realty's stock price been impacted by COVID-19?

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. Since then, COR shares have increased by 13.8% and is now trading at $120.99.
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 announced a quarterly dividend on Thursday, March 4th. Investors 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 dividend on an annualized basis and a yield of 4.07%. 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 4.06%. 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 FY21 earnings guidance on Thursday, February, 4th. The company provided earnings per share (EPS) guidance of $5.42-5.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.60. The company issued revenue guidance of $642-652 million, compared to the consensus revenue estimate of $655.73 million.

What price target have analysts set for COR?

10 brokerages have issued 1-year price targets for CoreSite Realty's shares. Their forecasts range from $110.00 to $156.00. On average, they expect CoreSite Realty's share price to reach $130.44 in the next twelve months. This suggests a possible upside of 7.8% 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 $1.13M)
  • Mr. Jeffrey S. Finnin, CFO & Treasurer (Age 58, Pay $669.15k)
  • Mr. Derek S. McCandless, Sr. VP of Legal, Gen. Counsel & Sec. (Age 50, Pay $533.79k)
  • Mr. Steven J. Smith, Chief Revenue Officer (Age 56, Pay $693.14k)
  • Mr. Brian P. Warren, Sr. VP of Devel. & Product Engineering (Age 51, Pay $435.4k)
  • 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)
  • Ms. Leslie McIntosh, VP of Human Resource

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 many different retail and institutional investors. Top institutional shareholders include Pacer Advisors Inc. (0.59%), State of Alaska Department of Revenue (0.06%), Pensionfund DSM Netherlands (0.04%) and Pensionfund Sabic (0.02%). 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.. 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 Pensionfund DSM Netherlands, State of Alaska Department of Revenue, and Pensionfund Sabic.
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 $120.99.

How much money does CoreSite Realty make?

CoreSite Realty has a market capitalization of $5.20 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.

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 4/10/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.