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: $2.75 billion
  • Outstanding Shares: 122,450,000
Average Prices:
  • 50 Day Moving Avg: $22.16
  • 200 Day Moving Avg: $22.28
  • 52 Week Range: $20.27 - $24.63
P/E:
  • Trailing P/E Ratio: 18.17
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $429.12 million
  • Price / Sales: 6.42
  • Book Value: $20.86 per share
  • Price / Book: 1.08
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 3.6%
Profitability:
  • EBIDTA: $187.78 million
  • Net Margins: 35.49%
  • Return on Equity: 6.02%
  • Return on Assets: 3.53%
Debt:
  • Debt-to-Equity Ratio: 0.57%
  • Current Ratio: 5.02%
  • Quick Ratio: 5.02%
Misc:
  • Average Volume: 556,624 shs.
  • Beta: 1.17
  • Short Ratio: 3.1
 
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. Shareholders 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 annualized dividend and a dividend yield of 3.56%. 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) released its earnings results on Thursday, April, 27th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $82.16 million for the quarter, compared to analysts' expectations of $100.52 million. Columbia Property Trust had a return on equity of 6.02% and a net margin of 35.49%. The business's revenue was down 35.1% compared to the same quarter last year. During the same quarter last year, the company posted $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 earnings per share (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 12-month price objectives for Columbia Property Trust's shares. Their forecasts range from $21.00 to $26.00. On average, they expect Columbia Property Trust's stock price to reach $23.80 in the next twelve months. View Analyst Ratings for Columbia Property Trust.

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:

  • E. Nelson Mills, President, Chief Executive Officer, Director
  • James A. Fleming, Chief Financial Officer, Executive Vice President
  • Wendy W. Gill CPA, Senior Vice President - Corporate Operations and Chief Accounting Officer
  • Kevin A. Hoover, Senior Vice President - Portfolio Management
  • John L. Dixon, Non-Executive Independent Chairman of the Board
  • Carmen M. Bowser, Independent Director
  • Charles R. Brown, Independent Director
  • Richard W. Carpenter, Independent Director
  • David B. Henry, Independent Director

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 Clean Yield Group (0.15%), Manning & Napier Advisors LLC (0.12%), Pensionfund DSM Netherlands (0.07%), State of Alaska Department of Revenue (0.05%), First Quadrant L P CA (0.05%) and US Bancorp DE (0.04%). 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 Real Estate Management Services LLC, First Quadrant L P CA, Manning & Napier Advisors LLC, Creative Planning, State of Alaska Department of Revenue, NEXT Financial Group Inc and Malaga Cove Capital LLC. 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 acquired by a variety of institutional investors in the last quarter, including Clean Yield Group, US Bancorp DE and Aperio Group LLC. 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.

What is Columbia Property Trust's stock price today?

One share of Columbia Property Trust stock can currently be purchased for approximately $22.49.


MarketBeat Community Rating for Columbia Property Trust (NYSE CXP)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  184
MarketBeat's community ratings are surveys of what our community members think about Columbia Property Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Columbia Property Trust (NYSE:CXP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $23.80 (5.82% upside)

Analysts' Ratings History for Columbia Property Trust (NYSE:CXP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/22/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral -> Neutral$21.00LowView Rating Details
4/28/2017BMO Capital MarketsReiterated RatingBuy$26.00LowView Rating Details
3/27/2017Evercore ISIUpgradeIn-Line -> Outperform$24.50 -> $25.00HighView 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 IncLower Price TargetHold$27.00 -> $24.00N/AView Rating Details
8/4/2015WunderlichLower Price TargetBuy$31.00 -> $28.00N/AView Rating Details
(Data available from 7/23/2015 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)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.80
Dividend Yield:3.56%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:64.52% (Trailing 12 Months of Earnings)
Infinity (Based on This Year's Estimates)
444.44% (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: 0.46%
Institutional Ownership Percentage: 63.38%
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) Lifted to Hold at BidaskClub
www.americanbankingnews.com - July 16 at 2:50 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (NYSE:CXP) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 9:11 AM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - CXP
www.nasdaq.com - July 9 at 11:09 AM
seekingalpha.com logoColumbia Property Trust forms JV with Allianz
seekingalpha.com - July 7 at 5:07 AM
finance.yahoo.com logoColumbia Property Trust and Allianz Real Estate Form Joint Venture to Own Class-A Office Assets in the Nation’s Leading Gateway Markets
finance.yahoo.com - July 6 at 7:00 PM
finance.yahoo.com logoAllianz, Columbia Form a $1.26 Billion U.S. Real Estate Venture
finance.yahoo.com - July 6 at 7:00 PM
finance.yahoo.com logoColumbia Property Trust Announces the Date of its 2017 Second Quarter Results and Conference Call Information
finance.yahoo.com - July 3 at 5:37 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Receives Neutral Rating from Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - June 25 at 7:10 AM
americanbankingnews.com logoCritical Review: Columbia Property Trust (CXP) versus Biomed Realty Trust (BMR)
www.americanbankingnews.com - June 24 at 4:40 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - June 24 at 1:46 PM
seekingalpha.com logoColumbia Property Trust Is Undervalued
seekingalpha.com - June 13 at 12:22 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 13 at 7:45 AM
finance.yahoo.com logoAnchors Away: This D.C. office building now has the Navy fight song patterned into its ceiling, in Morse code
finance.yahoo.com - June 8 at 9:59 AM
finance.yahoo.com logoColumbia Property Trust Continues Leasing Momentum at 80 M Street with Completion of $3 Million Renovation
finance.yahoo.com - June 7 at 5:26 PM
americanbankingnews.com logoColumbia Property Trust Inc (CXP) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - June 6 at 6:54 PM
streetinsider.com logoForm 8-K COLUMBIA PROPERTY TRUST, For: Jun 06
www.streetinsider.com - June 6 at 4:52 PM
seekingalpha.com logoColumbia Property Atlanta office portfolio gets to 100% leased
seekingalpha.com - June 6 at 4:52 PM
finance.yahoo.com logoColumbia Property Trust Completes 47,000 Square Feet of Leasing at One Glenlake, Highlighted by Regus Renewal and Expansion
finance.yahoo.com - June 6 at 4:52 PM
americanbankingnews.com logoZacks Investment Research Upgrades Columbia Property Trust Inc (CXP) to Hold
www.americanbankingnews.com - May 31 at 6:56 PM
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

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Chart

Columbia Property Trust (CXP) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff