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

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$20.25 +0.22 (+1.10 %)
(As of 01/16/2019 06:00 AM ET)
Previous Close$20.03
Today's Range$19.95 - $20.30
52-Week Range$18.08 - $25.07
Volume825,235 shs
Average Volume685,255 shs
Market Capitalization$2.36 billion
P/E Ratio13.44
Dividend Yield3.99%
Beta0.97
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

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone404-465-2200

Debt

Current Ratio1.92
Quick Ratio1.92

Price-To-Earnings

Sales & Book Value

Annual Sales$289 million
Price / Sales8.27
Cash Flow$2.4339 per share
Price / Cash Flow8.32
Book Value$21.13 per share
Price / Book0.96

Profitability

Net Income$176.04 million
Net Margins1.07%
Return on Assets0.07%

Miscellaneous

Employees94
Market Cap$2.36 billion
OptionableOptionable

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 Wednesday, November 14th. Investors of record on Monday, December 3rd will be given a dividend of $0.20 per share on Friday, January 4th. This represents a $0.80 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend is Friday, November 30th. View Columbia Property Trust's Dividend History.

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

Columbia Property Trust declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, August 9th 2017, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

How were Columbia Property Trust's earnings last quarter?

Columbia Property Trust (NYSE:CXP) issued its quarterly earnings results on Thursday, October, 25th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.04. The real estate investment trust earned $73.34 million during the quarter, compared to analyst estimates of $71.86 million. Columbia Property Trust had a return on equity of 0.11% and a net margin of 1.07%. 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 Wednesday, February 13th 2019. 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 Wednesday, February 13th 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 issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $1.51-1.54 for the period.

What price target have analysts set for CXP?

4 Wall Street analysts have issued 12 month target prices for Columbia Property Trust's stock. Their forecasts range from $21.00 to $25.00. On average, they expect Columbia Property Trust's stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for Columbia Property Trust.

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

4 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Columbia Property Trust.

Has Columbia Property Trust been receiving favorable news coverage?

Media coverage about CXP stock has been trending positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Columbia Property Trust earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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 many different of retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (0.37%), CenturyLink Investment Management Co (0.05%) and State of Alaska Department of Revenue (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 buying Columbia Property Trust stock?

CXP stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., CenturyLink Investment Management Co and State of Alaska Department of Revenue. 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 $20.25.

How big of a company is Columbia Property Trust?

Columbia Property Trust has a market capitalization of $2.36 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:  211 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  480
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 1/16/2019 by MarketBeat.com Staff

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