About Columbia Property Trust (NYSE:CXP)
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 operating properties with over nine million square feet, as well as one property under redevelopment. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's. For more information, please visit www.columbia.reit.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CXP
CUSIPN/A
Phone404-465-2200
Debt
Debt-to-Equity Ratio0.70%
Current Ratio0.83%
Quick Ratio0.83%
Price-To-Earnings
Trailing P/E Ratio18.05
Forward P/E Ratio14.22
P/E GrowthN/A
Sales & Book Value
Annual Sales$289 million
Price / Sales8.49
Cash Flow$2.3942 per share
Price / Cash8.55
Book Value$21.13 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$176.04 million
Net Margins60.91%
Return on Equity6.94%
Return on Assets4.17%
Miscellaneous
Employees94
Outstanding Shares119,900,000
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, February 7th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.20 per share on Thursday, March 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Wednesday, February 28th. View Columbia Property Trust's Dividend History.
How will Columbia Property Trust's stock buyback program work?
Columbia Property Trust announced that its board has initiated a share repurchase program on Wednesday, August 9th 2017, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.
How were Columbia Property Trust's earnings last quarter?
Columbia Property Trust (NYSE:CXP) announced its quarterly earnings results on Thursday, February, 15th. The real estate investment trust reported ($0.01) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.03) by $0.02. The real estate investment trust had revenue of $71.63 million for the quarter, compared to analysts' expectations of $64.63 million. Columbia Property Trust had a return on equity of 6.94% and a net margin of 60.91%. The company's revenue was down 32.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 earnings per share. View Columbia Property Trust's Earnings History.
When is Columbia Property Trust's next earnings date?
What guidance has Columbia Property Trust issued on next quarter's earnings?
Columbia Property Trust issued an update on its FY18 earnings guidance on Thursday, February, 15th. The company provided earnings per share guidance of $1.41-1.46 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42.
What price target have analysts set for CXP?
5 Wall Street analysts have issued 1-year 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. View Analyst Ratings for Columbia Property Trust.
Who are some of Columbia Property Trust's key competitors?
Some companies that are related to Columbia Property Trust include Regency Centers (REG), Iron Mountain (IRM), UDR (UDR), Duke Realty (DRE), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Macerich (MAC), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Sun Communities (SUI), Kilroy Realty (KRC), Vici Properties (VICI) and W. P. Carey (WPC).
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 (Age 53)
- Mr. Matt Stover, Director of Fin. & Investor Relations
Has Columbia Property Trust been receiving favorable news coverage?
Headlines about CXP stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Columbia Property Trust earned a media sentiment score of 0.24 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 45.70 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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 $20.47.
How big of a company is Columbia Property Trust?
Columbia Property Trust has a market capitalization of $2.47 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.
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 (CXP)
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.
Columbia Property Trust (NYSE:CXP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Columbia Property Trust in the last 12 months. Their average twelve-month price target is $23.20, suggesting that the stock has a possible upside of 13.34%. The high price target for CXP is $26.00 and the low price target for CXP is $21.00. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.00 | 2.17 | 2.63 | 2.57 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $23.20 | $23.50 | $23.8571 | $23.80 |
| Price Target Upside: | 13.34% upside | 9.92% upside | 9.44% upside | 7.01% upside |
Columbia Property Trust (NYSE:CXP) Consensus Price Target History
Columbia Property Trust (NYSE:CXP) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Columbia Property Trust (NYSE:CXP) Dividend Information
Columbia Property Trust pays an annual dividend of $0.80 per share, with a dividend yield of 3.91%. CXP's most recent quarterly dividend payment was Thursday, March 15. Columbia Property Trust pays out 70.18% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 3.91% |
| Dividend Growth: | -9.10% (3 Year Average) |
| Payout Ratio: | 70.18% (Trailing 12 Months of Earnings)
55.56% (Based on This Year's Estimates)
54.05% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Columbia Property Trust (NYSE:CXP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/7/2018 | Quarterly | $0.20 | 3.91% | 2/28/2018 | 3/1/2018 | 3/15/2018 |
| 11/14/2017 | quarterly | $0.20 | 3.55% | 11/30/2017 | 12/1/2017 | 1/4/2018 |
| 8/7/2017 | quarterly | $0.20 | 3.69% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/3/2017 | quarterly | $0.20 | 3.6% | 5/30/2017 | 6/1/2017 | 6/15/2017 |
| 2/10/2017 | quarterly | $0.20 | 3.48% | 2/27/2017 | 3/1/2017 | 3/15/2017 |
| 11/11/2016 | quarterly | $0.30 | 5.71% | 11/29/2016 | 12/1/2016 | 1/5/2017 |
| 8/9/2016 | quarterly | $0.30 | 4.94% | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/3/2016 | quarterly | $0.30 | 5.33% | 5/27/2016 | 6/1/2016 | 6/15/2016 |
| 2/11/2016 | Quarterly | $0.30 | | 2/26/2016 | 3/1/2016 | 3/15/2016 |
| 11/6/2015 | Quarterly | $0.30 | | 11/27/2015 | 12/1/2015 | 1/6/2016 |
| 8/7/2015 | quarterly | $0.30 | 5.07% | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/6/2015 | quarterly | $0.30 | 4.56% | 5/28/2015 | 6/1/2015 | 6/16/2015 |
| 2/13/2015 | quarterly | $0.30 | 4.62% | 2/26/2015 | 3/2/2015 | 3/17/2015 |
| 11/3/2014 | quarterly | $0.30 | 4.77% | 11/28/2014 | 12/2/2014 | 12/16/2014 |
| 8/7/2014 | quarterly | $0.30 | 4.83% | 8/28/2014 | 9/2/2014 | 9/16/2014 |
| 5/9/2014 | quarterly | $0.30 | 4.12% | 5/29/2014 | 6/2/2014 | 6/17/2014 |
| 2/20/2014 | quarterly | $0.30 | 4.92% | 2/27/2014 | 3/3/2014 | 3/18/2014 |
(Data available from 1/1/2013 forward)
Columbia Property Trust (NYSE CXP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.57%
Institutional Ownership Percentage: 70.38%
Columbia Property Trust (NYSE CXP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/19/2017 | Richard W Carpenter | Director | Buy | 5,750 | $22.97 | $132,077.50 | 20,298 |  |
| 8/15/2017 | Thomas G Wattles | Director | Buy | 4,700 | $21.27 | $99,969.00 | 21,166 | |
| 8/24/2015 | John L Dixon | Director | Buy | 2,000 | $21.96 | $43,920.00 | 19,747 | |
| 9/15/2014 | John L Dixon | Director | Buy | 2,000 | $25.07 | $50,140.00 | | |
| 6/4/2014 | John L Dixon | Director | Buy | 2,000 | $26.54 | $53,080.00 | | |
| 12/19/2013 | Thomas G Wattles | Director | Buy | 4,100 | $24.50 | $100,450.00 | | |
| 12/5/2013 | Murray J Mccabe | Director | Buy | 4,390 | $22.75 | $99,872.50 | | |
| 11/26/2013 | John L Dixon | Director | Buy | 1,500 | $23.02 | $34,530.00 | | |
| 11/26/2013 | Randy Fretz | SVP | Buy | 1,085 | $23.05 | $25,009.25 | | |
(Data available from 1/1/2013 forward)
Columbia Property Trust (NYSE CXP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Columbia Property Trust Completes Re-leasing of 650 California Street with Triple-Digit Rent Roll Ups
finance.yahoo.com - April 23 at 4:27 PM |
 | Zacks Investment Research Downgrades Columbia Property Trust (CXP) to Hold
www.americanbankingnews.com - April 18 at 10:16 PM |
| Columbia Property Trust (CXP) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 18 at 3:44 AM |
| Columbia Property Trust (CXP) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 16 at 10:54 AM |
| Columbia Property Trust (CXP) Cut to Strong Sell at BidaskClub
www.americanbankingnews.com - April 14 at 11:27 PM |
| JPMDB Commercial Mortgage Securities Trust 2017-C5 -- Moody's Affirms Eight Classes of JPMDB 2017-C5
finance.yahoo.com - April 13 at 9:51 AM |
| Traders Purchase Large Volume of Columbia Property Trust Put Options (CXP)
www.americanbankingnews.com - April 13 at 6:13 AM |
 | Columbia Property Trust, Inc. (CXP) Sees Hammer Chart Pattern: Time to Buy?
www.zacks.com - April 11 at 10:06 AM |
| Columbia Property Trust (CXP) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 11 at 8:53 AM |
| Columbia Property Trust (CXP) Upgraded to "Outperform" by JMP Securities
www.americanbankingnews.com - April 4 at 2:26 PM |
| Columbia Property Trust Announces the Date of its 2018 First Quarter Results and Conference Call Information
finance.yahoo.com - March 30 at 9:33 AM |
| Columbia Property Trust's (CXP) "Buy" Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - March 29 at 9:04 PM |
| Zacks Investment Research Upgrades Columbia Property Trust (CXP) to "Buy"
www.americanbankingnews.com - March 29 at 7:58 PM |
| Columbia Property Trust (CXP) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - March 29 at 12:31 PM |
| Columbia Property Trust (CXP) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 26 at 10:59 PM |
| Columbia Property Trust (CXP) Given a $22.00 Price Target at SunTrust Banks
www.americanbankingnews.com - March 26 at 8:46 PM |
| Columbia Property Trust (CXP) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - March 22 at 8:42 PM |
| Columbia Property Trust Inc (CXP) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 17 at 9:18 AM |
| Columbia Property Trust Inc (CXP) Short Interest Up 56.8% in February
www.americanbankingnews.com - March 16 at 2:58 AM |
| Analyzing Annaly Commercial Real Estate Group (CXS) & Columbia Property Trust (CXP)
www.americanbankingnews.com - March 11 at 5:28 PM |
| 540,200 Shares in Columbia Property Trust Inc (CXP) Purchased by Mackenzie Financial Corp
www.americanbankingnews.com - March 6 at 12:08 PM |
| First Trust Advisors LP Has $7.73 Million Position in Columbia Property Trust Inc (CXP)
www.americanbankingnews.com - March 5 at 9:40 AM |
| Arrowstreet Capital Limited Partnership Has $5.35 Million Stake in Columbia Property Trust Inc (CXP)
www.americanbankingnews.com - March 4 at 4:32 AM |
| Bank of New York Mellon Corp Has $83.85 Million Stake in Columbia Property Trust Inc (CXP)
www.americanbankingnews.com - March 3 at 4:42 AM |
| Columbia Property Trust Inc Expected to Earn Q1 2019 Earnings of $0.37 Per Share (CXP)
www.americanbankingnews.com - March 2 at 3:20 PM |
| Martingale Asset Management L P Has $3.10 Million Stake in Columbia Property Trust Inc (CXP)
www.americanbankingnews.com - March 2 at 12:16 PM |
 | Columbia Property Trust (CXP) Presents At Wells Fargo 21st Annual Real Estate Securities Conference - Slideshow
seekingalpha.com - February 28 at 5:00 PM |
| Columbia Property Trust Inc (CXP) Stake Lifted by California Public Employees Retirement System
www.americanbankingnews.com - February 28 at 5:24 AM |
| Schroder Investment Management Group Buys 547,816 Shares of Columbia Property Trust Inc (CXP)
www.americanbankingnews.com - February 27 at 11:52 AM |
| BMO Capital Markets Downgrades Columbia Property Trust (CXP) to Sell
www.americanbankingnews.com - February 27 at 8:22 AM |
| Cbre Clarion Securities LLC Invests $90.58 Million in Columbia Property Trust Inc (CXP) Stock
www.americanbankingnews.com - February 26 at 1:02 PM |
| Equities Analysts Offer Predictions for Columbia Property Trust Inc's Q3 2018 Earnings (CXP)
www.americanbankingnews.com - February 26 at 5:10 AM |
| Columbia Property Trust Inc (CXP) Shares Sold by Citadel Advisors LLC
www.americanbankingnews.com - February 24 at 2:20 PM |
| Columbia Property Trust Inc (CXP) Forecasted to Earn FY2018 Earnings of $1.42 Per Share
www.americanbankingnews.com - February 23 at 12:50 PM |
| Head to Head Analysis: Columbia Property Trust (CXP) versus American Assets Trust (AAT)
www.americanbankingnews.com - February 23 at 12:21 PM |
| Columbia Property Trust Inc (CXP) to Issue Quarterly Dividend of $0.20
www.americanbankingnews.com - February 23 at 9:22 AM |
| Columbia Property Trust Inc (CXP) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - February 20 at 2:54 PM |
| Columbia Property Trust (CXP) Announces Quarterly Earnings Results
www.americanbankingnews.com - February 16 at 10:56 AM |
 | BRIEF-Columbia Property Trust Files For Potential Mixed Shelf Offering
www.reuters.com - February 16 at 9:08 AM |
| Columbia Property Trust beats by $0.01, misses on revenue
seekingalpha.com - February 16 at 9:08 AM |
| BMO Capital Markets Reiterates "Buy" Rating for Columbia Property Trust (CXP)
www.americanbankingnews.com - February 16 at 12:28 AM |
| Columbia Property Trust (CXP) Issues FY18 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:46 PM |
| Report: Developing Opportunities within Duke Energy, Dana, Columbia Property Trust, Rayonier Advanced Materials, Microchip Technology, and Cerner — Future Expectations, Projections Moving into 2018
finance.yahoo.com - February 14 at 9:10 AM |
 | Columbia Property Trust (CXP) Declares $0.20 Quarterly Dividend; 3.8% Yield
www.streetinsider.com - February 9 at 9:13 AM |
| Columbia Property Trust Declares First Quarter Dividend
finance.yahoo.com - February 8 at 8:54 AM |
| Columbia Property Trust (CXP) to Release Earnings on Thursday
www.americanbankingnews.com - February 8 at 1:40 AM |
| Columbia Property Trust Announces Tax Treatment of 2017 Distributions
finance.yahoo.com - February 7 at 9:13 AM |
| Columbia Property Trust Inc (CXP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - January 26 at 8:54 AM |
| Traders Purchase Large Volume of Columbia Property Trust Call Options (CXP)
www.americanbankingnews.com - January 25 at 2:14 AM |
| Comparing Columbia Property Trust (CXP) & Seritage Growth Properties (SRG)
www.americanbankingnews.com - January 20 at 5:18 PM |
Columbia Property Trust (NYSE:CXP) SEC Filings
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Columbia Property Trust (NYSE:CXP) Income Statement, Balance Sheet and Cash Flow Statement
Columbia Property Trust (NYSE CXP) Stock Chart for Tuesday, April, 24, 2018
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