CoreSite Realty Stock Forecast, Price & News

CoreSite Realty's stock was trading at $106.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COR shares have increased by 15.2% and is now trading at $122.44.
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10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoreSite Realty in the last year. There are currently 3 sell ratings, 3 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 MarketBeat's top 5 stock picks.

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.
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CoreSite Realty is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for CoreSite Realty.

CoreSite Realty will be holding an earnings conference call on Thursday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CoreSite Realty Co. (NYSE:COR) announced its earnings results on Thursday, October, 29th. The real estate investment trust reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $1.29 by $0.79. The real estate investment trust had revenue of $154 million for the quarter, compared to analyst estimates of $152.67 million. CoreSite Realty had a return on equity of 51.47% and a net margin of 13.19%. The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 earnings per share.
View CoreSite Realty's earnings history.

CoreSite Realty declared a quarterly dividend on Wednesday, December 9th. Investors of record on Thursday, December 31st will be given a dividend of $1.23 per share on Friday, January 15th. This represents a $4.92 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a boost from CoreSite Realty's previous quarterly dividend of $1.22.
View CoreSite Realty's dividend history.

CoreSite Realty pays an annual dividend of $4.92 per share and currently has a dividend yield of 4.02%. 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.

CoreSite Realty issued an update on its FY20 earnings guidance on Thursday, October, 29th. The company provided EPS guidance of $5.26-$5.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.22.

10 Wall Street analysts have issued twelve-month price objectives for CoreSite Realty's stock. Their forecasts range from $100.00 to $161.00. On average, they anticipate CoreSite Realty's share price to reach $124.11 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts' price targets for CoreSite Realty or view Wall Street analyst' top-rated stocks.

Some companies that are related to CoreSite Realty include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
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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).

CoreSite Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "COR."

CoreSite Realty's stock is owned by many different retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.92%), State of Alaska Department of Revenue (0.05%), Access Financial Services Inc. (0.03%), Louisiana State Employees Retirement System (0.03%), Brookstone Capital Management (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own CoreSite Realty stock include 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.

COR stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc.. Company insiders that have sold CoreSite Realty company stock in the last year include Brian Warren, 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 insider buying and selling activity for CoreSite Realty or view top insider-selling stocks.

COR stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Boston Trust Walden Corp, Raymond James Trust N.A., Brookstone Capital Management, Access Financial Services Inc., and Louisiana State Employees Retirement System.
View insider buying and selling activity for CoreSite Realty or or view top insider-buying stocks.

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.

One share of COR stock can currently be purchased for approximately $122.44.

CoreSite Realty has a market capitalization of $5.24 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 460 workers across the globe.

The official website for CoreSite Realty is www.coresite.com.

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]