NYSE:CXP - Columbia Property Trust Stock Price, News, & Analysis

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$21.67 -0.24 (-1.10 %)
(As of 10/22/2018 01:19 PM ET)
Previous Close$21.91
Today's Range$21.67 - $22.11
52-Week Range$19.55 - $25.07
Volume18,514 shs
Average Volume891,836 shs
Market Capitalization$2.58 billion
P/E Ratio19.10
Dividend Yield3.65%
Beta1.04
Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, D.C. Its portfolio includes 19 properties with approximately nine million square feet. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CXP
CUSIPN/A
Phone404-465-2200

Debt

Debt-to-Equity Ratio0.49
Current Ratio1.81
Quick Ratio1.81

Price-To-Earnings

Trailing P/E Ratio19.10
Forward P/E Ratio14.54
P/E GrowthN/A

Sales & Book Value

Annual Sales$289 million
Price / Sales8.85
Cash Flow$2.3813 per share
Price / Cash9.10
Book Value$21.13 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$1.14
Net Income$176.04 million
Net Margins34.95%
Return on Equity3.66%
Return on Assets2.25%

Miscellaneous

Employees94
Outstanding Shares117,970,000
Market Cap$2.58 billion

Columbia Property Trust (NYSE:CXP) Frequently Asked Questions

What is Columbia Property Trust's stock symbol?

Columbia Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP."

How often does Columbia Property Trust pay dividends? What is the dividend yield for Columbia Property Trust?

Columbia Property Trust announced a quarterly dividend on Tuesday, August 14th. Stockholders of record on Tuesday, September 4th will be given a dividend of $0.20 per share on Tuesday, September 18th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, August 31st. View Columbia Property Trust's Dividend History.

How will Columbia Property Trust's stock buyback program work?

Columbia Property Trust announced that its Board of Directors has initiated a stock repurchase program on Wednesday, August 9th 2017, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were Columbia Property Trust's earnings last quarter?

Columbia Property Trust (NYSE:CXP) posted its quarterly earnings data on Thursday, July, 26th. The real estate investment trust reported $0.03 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.03. The real estate investment trust earned $75.37 million during the quarter, compared to analyst estimates of $71.96 million. Columbia Property Trust had a net margin of 34.95% and a return on equity of 3.66%. The business's revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 earnings per share. View Columbia Property Trust's Earnings History.

When is Columbia Property Trust's next earnings date?

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Columbia Property Trust.

How can I listen to Columbia Property Trust's earnings call?

Columbia Property Trust will be holding an earnings conference call on Thursday, October 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4125424180.

What guidance has Columbia Property Trust issued on next quarter's earnings?

Columbia Property Trust updated its FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share guidance of $1.46-1.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.46.

What price target have analysts set for CXP?

5 brokerages have issued twelve-month price targets for Columbia Property Trust's shares. Their predictions range from $21.00 to $26.00. On average, they expect Columbia Property Trust's share price to reach $23.20 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Columbia Property Trust.

What is the consensus analysts' recommendation for Columbia Property Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Property Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Columbia Property Trust.

Are investors shorting Columbia Property Trust?

Columbia Property Trust saw a decrease in short interest during the month of September. As of September 14th, there was short interest totalling 1,256,538 shares, a decrease of 34.8% from the August 31st total of 1,926,290 shares. Based on an average trading volume of 1,470,337 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.1% of the shares of the company are short sold. View Columbia Property Trust's Current Options Chain.

Who are some of Columbia Property Trust's key competitors?

Who are Columbia Property Trust's key executives?

Columbia Property Trust's management team includes the folowing people:
  • Mr. E. Nelson Mills CPA, CPA, Pres, CEO & Director (Age 57)
  • Mr. James A. Fleming, Exec. VP & CFO (Age 59)
  • Ms. Wendy W. Gill CPA, CPA, Sr. VP of Corp. Operations & Chief Accounting Officer (Age 43)
  • Mr. Kevin A. Hoover, Sr. VP of Portfolio Management & Transactions (Age 53)
  • Mr. Matt Stover, Director - Fin. & Investor Relations

Who are Columbia Property Trust's major shareholders?

Columbia Property Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.43%), Timbercreek Investment Management Inc. (0.36%), Bank of Montreal Can (0.18%), CenturyLink Investment Management Co (0.04%), State of Alaska Department of Revenue (0.04%) and Mizuho Securities USA LLC (0.04%). Company insiders that own Columbia Property Trust stock include Richard W Carpenter and Thomas G Wattles. View Institutional Ownership Trends for Columbia Property Trust.

Which institutional investors are selling Columbia Property Trust stock?

CXP stock was sold by a variety of institutional investors in the last quarter, including CenturyLink Investment Management Co and State of Alaska Department of Revenue. View Insider Buying and Selling for Columbia Property Trust.

Which institutional investors are buying Columbia Property Trust stock?

CXP stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Timbercreek Investment Management Inc., Bank of Montreal Can and Mizuho Securities USA LLC. Company insiders that have bought Columbia Property Trust stock in the last two years include Richard W Carpenter and Thomas G Wattles. View Insider Buying and Selling for Columbia Property Trust.

How do I buy shares of Columbia Property Trust?

Shares of CXP 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 Columbia Property Trust's stock price today?

One share of CXP stock can currently be purchased for approximately $21.75.

How big of a company is Columbia Property Trust?

Columbia Property Trust has a market capitalization of $2.58 billion and generates $289 million in revenue each year. The real estate investment trust earns $176.04 million in net income (profit) each year or $1.14 on an earnings per share basis. Columbia Property Trust employs 94 workers across the globe.

What is Columbia Property Trust's official website?

The official website for Columbia Property Trust is http://www.columbia.reit.

How can I contact Columbia Property Trust?

Columbia Property Trust's mailing address is 1170 PEACHTREE STREET NE SUITE 600, ATLANTA GA, 30309. The real estate investment trust can be reached via phone at 404-465-2200 or via email at [email protected]


MarketBeat Community Rating for Columbia Property Trust (NYSE CXP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  459
MarketBeat's community ratings are surveys of what our community members think about Columbia Property Trust and other stocks. Vote "Outperform" if you believe CXP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CXP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2018 by MarketBeat.com Staff

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