Columbia Property Trust Company Profile (NYSE:CXP)

About Columbia Property Trust (NYSE:CXP)

Columbia Property Trust logoColumbia Property Trust, Inc. operates as a real estate investment trust (REIT), which owns and operates commercial real estate properties. The Company's primary objective is to generate long-term shareholder returns from a combination of steadily growing cash flows and appreciation in its net asset values, through the acquisition and ownership of office buildings located principally in high-barrier-to-entry markets. The Company's segments include New York, San Francisco, Atlanta, Washington, D.C., Boston, Los Angeles and all other office markets. The all other office markets segment consists of properties in similar, low-barrier to entry geographic locations, in which the Company does not plan to make further investments. The Company conducts its business primarily through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP), which acquires, develops, owns, leases and operates real properties directly through subsidiaries or through joint ventures.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $2.7 billion
  • Outstanding Shares: 122,450,000
Average Prices:
  • 50 Day Moving Avg: $22.44
  • 200 Day Moving Avg: $22.01
  • 52 Week Range: $20.26 - $24.63
P/E:
  • Trailing P/E Ratio: 17.79
  • Foreward P/E Ratio: 115.95
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $429.12 million
  • Price / Sales: 6.29
  • Book Value: $20.86 per share
  • Price / Book: 1.06
Dividend:
  • Annual Dividend: $1.20
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $187.78 million
  • Net Margins: 17.80%
  • Return on Equity: 3.33%
  • Return on Assets: 1.90%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 2.20%
  • Quick Ratio: 2.20%
Misc:
  • Average Volume: 622,984 shs.
  • Beta: 1.17
  • Short Ratio: 1.46
 

Frequently Asked Questions for Columbia Property Trust (NYSE:CXP)

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, May 3rd. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.20 per share on Thursday, June 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Tuesday, May 30th. View Columbia Property Trust's Dividend History.

How were Columbia Property Trust's earnings last quarter?

Columbia Property Trust Inc (NYSE:CXP) issued its quarterly earnings results on Thursday, April, 27th. The company reported $0.28 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.01. The company earned $82.16 million during the quarter, compared to the consensus estimate of $100.52 million. Columbia Property Trust had a return on equity of 3.33% and a net margin of 17.80%. The firm's revenue for the quarter was down 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. View Columbia Property Trust's Earnings History.

When will Columbia Property Trust make its next earnings announcement?

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Columbia Property Trust.

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

Columbia Property Trust updated its FY17 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $1.15-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.21.

Where is Columbia Property Trust's stock going? Where will Columbia Property Trust's stock price be in 2017?

7 equities research analysts have issued 1-year target prices for Columbia Property Trust's shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate Columbia Property Trust's share price to reach $24.00 in the next twelve months. View Analyst Ratings for Columbia Property Trust.

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

Who owns Columbia Property Trust stock?

Columbia Property Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.43%), BlackRock Inc. (6.59%), Goldman Sachs Group Inc. (4.94%), State Street Corp (2.83%), Bank of New York Mellon Corp (2.77%) and Morgan Stanley (1.36%). View Institutional Ownership Trends for Columbia Property Trust.

Who sold Columbia Property Trust stock? Who is selling Columbia Property Trust stock?

Columbia Property Trust's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State Street Corp, Morgan Stanley, Wellington Management Group LLP, JPMorgan Chase & Co., Bank of New York Mellon Corp, Thrivent Financial For Lutherans and Russell Investments Group Ltd.. View Insider Buying and Selling for Columbia Property Trust.

Who bought Columbia Property Trust stock? Who is buying Columbia Property Trust stock?

Columbia Property Trust's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Citadel Advisors LLC, Waterfront Capital Partners LLC, Westfield Capital Management Co. LP, Vanguard Group Inc., Hancock Holding Co. and Alliancebernstein L.P.. View Insider Buying and Selling for Columbia Property Trust.

How do I buy Columbia Property Trust stock?

Shares of Columbia Property Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Columbia Property Trust stock cost?

One share of Columbia Property Trust stock can currently be purchased for approximately $22.03.

Analyst Ratings

Consensus Ratings for Columbia Property Trust (NYSE:CXP) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $24.00 (8.94% upside)

Analysts' Ratings History for Columbia Property Trust (NYSE:CXP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017BMO Capital MarketsReiterated RatingBuy$26.00LowView Rating Details
3/27/2017Evercore ISIUpgradeIn-Line -> Outperform$24.50 -> $25.00HighView Rating Details
2/22/2017Goldman Sachs Group IncUpgradeSell -> Neutral$22.00N/AView Rating Details
1/24/2017CIBCUpgradeMarket Perform -> OutperformN/AView Rating Details
1/24/2017Oppenheimer Holdings Inc.UpgradeMarket Perform -> Outperform$26.00N/AView Rating Details
1/9/2017JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
12/21/2016SunTrust Banks, Inc.Initiated CoverageHold$21.00N/AView Rating Details
3/3/2016Morgan StanleyDowngradeOverweight -> Equal Weight$29.00 -> $21.00N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$27.00 -> $24.00N/AView Rating Details
8/4/2015WunderlichLower Price TargetBuy$31.00 -> $28.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Columbia Property Trust (NYSE:CXP)
Earnings by Quarter for Columbia Property Trust (NYSE:CXP)
Earnings History by Quarter for Columbia Property Trust (NYSE:CXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.27$0.28$100.52 million$82.16 millionViewN/AView Earnings Details
2/9/2017Q416$0.36$0.37$109.23 million$105.77 millionViewListenView Earnings Details
10/27/2016Q3($0.01)$0.37$114.97 million$113.27 millionViewListenView Earnings Details
7/28/2016Q216$0.39$0.11$127.96 million$127.93 millionViewListenView Earnings Details
4/28/2016Q116$0.29$0.05$132.19 million$126.58 millionViewListenView Earnings Details
2/11/2016Q415$0.45$0.08$135.97 million$132.70 millionViewListenView Earnings Details
10/29/2015Q315$0.07$0.16$139.22 million$137.71 millionViewListenView Earnings Details
7/30/2015Q215$0.04$0.07$146.84 million$148.10 millionViewListenView Earnings Details
4/30/2015Q115$0.49$0.52$137.88 million$147.50 millionViewN/AView Earnings Details
2/11/2014Q413$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Columbia Property Trust (NYSE:CXP)
2017 EPS Consensus Estimate: $1.24
2018 EPS Consensus Estimate: $1.52
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.25$0.28$0.27
Q2 20172$0.28$0.28$0.28
Q3 20172$0.31$0.33$0.32
Q4 20172$0.35$0.40$0.38
Q1 20182$0.35$0.37$0.36
Q2 20182$0.38$0.38$0.38
Q3 20182$0.39$0.39$0.39
Q4 20182$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Columbia Property Trust (NYSE:CXP)
Next Dividend:6/15/2017
Annual Dividend:$1.20
Dividend Yield:5.45%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:176.47% (Trailing 12 Months of Earnings)
-6,000.00% (Based on This Year's Estimates)
631.58% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Columbia Property Trust (NYSE:CXP)

Dividend History by Quarter for Columbia Property Trust (NYSE:CXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/3/2017quarterly$0.203.6%5/30/20176/1/20176/15/2017
2/10/2017quarterly$0.203.48%2/27/20173/1/20173/15/2017
11/11/2016quarterly$0.305.71%11/29/201612/1/20161/5/2017
8/9/2016quarterly$0.304.94%8/30/20169/1/20169/15/2016
5/3/2016quarterly$0.305.33%5/27/20166/1/20166/15/2016
2/11/2016Quarterly$0.302/26/20163/1/20163/15/2016
11/6/2015Quarterly$0.3011/27/201512/1/20151/6/2016
8/7/2015quarterly$0.305.07%8/28/20159/1/20159/15/2015
5/6/2015quarterly$0.304.56%5/28/20156/1/20156/16/2015
2/13/2015quarterly$0.304.62%2/26/20153/2/20153/17/2015
11/3/2014quarterly$0.304.77%11/28/201412/2/201412/16/2014
8/7/2014quarterly$0.304.83%8/28/20149/2/20149/16/2014
5/9/2014quarterly$0.304.12%5/29/20146/2/20146/17/2014
2/20/2014quarterly$0.304.92%2/27/20143/3/20143/18/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Columbia Property Trust (NYSE:CXP)
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 63.00%
Insider Trades by Quarter for Columbia Property Trust (NYSE:CXP)
Institutional Ownership by Quarter for Columbia Property Trust (NYSE:CXP)
Insider Trades by Quarter for Columbia Property Trust (NYSE:CXP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2015John L DixonDirectorBuy2,000$21.96$43,920.00View SEC Filing  
9/15/2014John L DixonDirectorBuy2,000$25.07$50,140.00View SEC Filing  
6/4/2014John L DixonDirectorBuy2,000$26.54$53,080.00View SEC Filing  
12/19/2013Thomas G WattlesDirectorBuy4,100$24.50$100,450.00View SEC Filing  
12/5/2013Murray J MccabeDirectorBuy4,390$22.75$99,872.50View SEC Filing  
11/26/2013John L DixonDirectorBuy1,500$23.02$34,530.00View SEC Filing  
11/26/2013Randy FretzSVPBuy1,085$23.05$25,009.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Columbia Property Trust (NYSE:CXP)
Latest Headlines for Columbia Property Trust (NYSE:CXP)
Source:
DateHeadline
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 19 at 7:36 AM
americanbankingnews.com logoColumbia Property Trust (CXP) Receives Coverage Optimism Rating of 0.36
www.americanbankingnews.com - May 4 at 12:42 AM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Plans Quarterly Dividend of $0.20
www.americanbankingnews.com - May 3 at 9:12 PM
finance.yahoo.com logoColumbia Property Trust Declares Second Quarter Dividend
finance.yahoo.com - May 2 at 7:53 PM
americanbankingnews.com logoPositive News Coverage Likely to Impact Columbia Property Trust (CXP) Stock Price
www.americanbankingnews.com - April 30 at 2:23 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Issues Earnings Results
www.americanbankingnews.com - April 29 at 1:26 AM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - April 29 at 1:25 AM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Posts Earnings Results
www.americanbankingnews.com - April 29 at 1:24 AM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Issues FY17 Earnings Guidance
www.americanbankingnews.com - April 29 at 1:01 AM
finance.yahoo.com logoEdited Transcript of CXP earnings conference call or presentation 27-Apr-17 9:00pm GMT
finance.yahoo.com - April 28 at 5:38 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Rating Reiterated by BMO Capital Markets
www.americanbankingnews.com - April 28 at 7:28 AM
seekingalpha.com logoColumbia Property Trust, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 27 at 10:13 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Releases FY17 Earnings Guidance
www.americanbankingnews.com - April 27 at 8:23 PM
marketbeat.com logoColumbia reports 1Q results
marketbeat.com - April 27 at 5:55 PM
finance.yahoo.com logoColumbia Property Trust Reports First Quarter 2017 Results
finance.yahoo.com - April 27 at 5:11 PM
americanbankingnews.com logoColumbia Property Trust (CXP) Given Media Impact Score of 0.43
www.americanbankingnews.com - April 27 at 2:22 PM
americanbankingnews.com logoZacks: Analysts Anticipate Columbia Property Trust Inc (CXP) Will Announce Quarterly Sales of $97.9 Million
www.americanbankingnews.com - April 26 at 2:40 PM
finance.yahoo.com logoColumbia Property Trust Completes 92,000 Square Feet of Leasing at One Glenlake Parkway Following $3 Million Renovation
finance.yahoo.com - April 24 at 4:29 PM
americanbankingnews.com logoColumbia Property Trust (CXP) Receives Media Sentiment Rating of 0.36
www.americanbankingnews.com - April 24 at 4:14 PM
americanbankingnews.com logo$0.27 EPS Expected for Columbia Property Trust Inc (CXP) This Quarter
www.americanbankingnews.com - April 24 at 12:31 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 24 at 9:28 AM
americanbankingnews.com logoColumbia Property Trust (CXP) Getting Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 1:20 PM
americanbankingnews.com logoColumbia Property Trust (CXP) Earns Coverage Optimism Score of 0.38
www.americanbankingnews.com - April 18 at 4:16 PM
finance.yahoo.com logoColumbia Property Trust Announces Change in Location for Annual Meeting
finance.yahoo.com - April 18 at 12:09 PM
finance.yahoo.com logoColumbia Property Trust Schedules First Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - April 17 at 4:20 PM
americanbankingnews.com logoPositive Media Coverage Somewhat Likely to Effect Columbia Property Trust (CXP) Stock Price
www.americanbankingnews.com - April 15 at 12:16 AM
finance.yahoo.com logoPay Pal co-founder's fintech firm inks big lease in San Francisco
finance.yahoo.com - April 12 at 4:37 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Given a $26.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - April 3 at 9:23 AM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Given a $26.00 Price Target by BMO Capital Markets Analysts
www.americanbankingnews.com - March 28 at 10:33 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 28 at 12:38 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Upgraded to "Outperform" at Evercore ISI
www.americanbankingnews.com - March 27 at 10:15 PM
bizjournals.com logoWest Coast developer: 'Houston is just too big to ignore'
www.bizjournals.com - March 14 at 6:13 PM
streetinsider.com logoColumbia Property Trust (CXP) Agrees to Purchase 149 Madison Avenue in Manhattan, NY - StreetInsider.com
www.streetinsider.com - March 12 at 4:27 PM
streetinsider.com logoColumbia Property Trust (CXP) Agrees to Purchase 149 Madison Avenue in Manhattan, NY
www.streetinsider.com - March 10 at 5:44 PM
seekingalpha.com logoColumbia Property Trust adds to NYC holdings
seekingalpha.com - March 9 at 5:11 PM
finance.yahoo.com logoColumbia Property Trust to Expand Presence in New York with Acquisition in Midtown South
finance.yahoo.com - March 9 at 5:11 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 1 at 1:12 PM
nasdaq.com logoColumbia Property Trust, Inc. (CXP) Ex-Dividend Date Scheduled for February 27 ...
www.nasdaq.com - February 24 at 12:04 PM
nasdaq.com logoEx-Dividend Reminder: Kearny Financial, Columbia Property Trust and NBT Bancorp
www.nasdaq.com - February 23 at 4:35 PM
finance.yahoo.com logoColumbia Property Trust Maintains Strong Momentum at 650 California Street with New WeWork Lease
finance.yahoo.com - February 22 at 4:53 PM
finance.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Financials
finance.yahoo.com - February 16 at 1:47 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
biz.yahoo.com - February 13 at 5:21 PM
finance.yahoo.com logoEdited Transcript of CXP earnings conference call or presentation 9-Feb-17 10:00pm GMT
finance.yahoo.com - February 10 at 5:01 PM
seekingalpha.com logoColumbia Property Trust, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 9 at 10:05 PM
us.rd.yahoo.com logo4:14 pm Columbia Property Trust reports FFO in-line, misses on revs; lowers quarterly dividend
us.rd.yahoo.com - February 9 at 10:05 PM
seekingalpha.com logoColumbia Property Trust FFO in-line, misses on revenue
seekingalpha.com - February 9 at 5:05 PM
biz.yahoo.com logoQ4 2016 Columbia Property Trust Inc Earnings Release - After Market Close
biz.yahoo.com - February 9 at 5:05 PM
finance.yahoo.com logoColumbia Property Trust Reports Fourth Quarter 2016 Results
finance.yahoo.com - February 9 at 5:05 PM
finance.yahoo.com logoColumbia Property Trust Declares First Quarter 2017 Dividend
finance.yahoo.com - February 9 at 5:05 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
biz.yahoo.com - February 9 at 5:05 PM

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Chart

Columbia Property Trust (CXP) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff