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

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

Columbia Property Trust declared a quarterly dividend on Monday, February 10th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.21 per share on Tuesday, March 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date is Friday, February 28th. View Columbia Property Trust's Dividend History.

Columbia Property Trust (NYSE:CXP) announced its quarterly earnings data on Thursday, February, 13th. The real estate investment trust reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.16. The real estate investment trust had revenue of $68.73 million for the quarter, compared to the consensus estimate of $67.36 million. Columbia Property Trust had a net margin of 3.18% and a return on equity of 0.34%. The company's revenue was down 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 earnings per share. View Columbia Property Trust's Earnings History.

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Columbia Property Trust.

Columbia Property Trust issued an update on its FY20 earnings guidance on Thursday, February, 13th. The company provided EPS guidance of $1.46-1.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.49.

5 brokerages have issued 12 month price targets for Columbia Property Trust's shares. Their forecasts range from $22.00 to $24.00. On average, they anticipate Columbia Property Trust's stock price to reach $22.60 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Columbia Property Trust.

News stories about CXP stock have been trending very positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Columbia Property Trust earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Columbia Property Trust.

Columbia Property Trust saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,840,000 shares, an increase of 17.2% from the January 15th total of 1,570,000 shares. Based on an average trading volume of 674,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.6% of the shares of the company are short sold. View Columbia Property Trust's Current Options Chain.

Some companies that are related to Columbia Property Trust include Klepierre (KLPEF), National Retail Properties (NNN), Iron Mountain (IRM), SINO LD LTD/S (SNLAY), Liberty Property Trust (LPT), Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), Federal Realty Investment Trust (FRT), Kilroy Realty (KRC), Store Capital (STOR), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Kimco Realty (KIM), Douglas Emmett (DEI) and CyrusOne (CONE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Property Trust investors own include Cisco Systems (CSCO), Alexandria Real Estate Equities (ARE), Stag Industrial (STAG), Twitter (TWTR), Vereit (VER), Walmart (WMT), Intel (INTC), Enterprise Products Partners (EPD), PS Business Parks (PSB) and AT&T (T).

Columbia Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wealth Quarterback LLC (172.08%), Cohen & Steers Inc. (6.76%), State Street Corp (3.46%), Goldman Sachs Group Inc. (2.75%), Jennison Associates LLC (1.78%) and Geode Capital Management LLC (1.65%). View Institutional Ownership Trends for Columbia Property Trust.

CXP stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., State Street Corp, Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Mesirow Financial Investment Management Equity Management, Sei Investments Co., Renaissance Technologies LLC and Barclays PLC. View Insider Buying and Selling for Columbia Property Trust.

CXP stock was bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Prudential Financial Inc., Marshall Wace LLP, HGI Capital Management LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Geode Capital Management LLC and Man Group plc. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CXP stock can currently be purchased for approximately $22.27.

Columbia Property Trust has a market capitalization of $2.57 billion and generates $288.84 million in revenue each year. The real estate investment trust earns $9.20 million in net income (profit) each year or $1.50 on an earnings per share basis. View Additional Information About Columbia Property Trust.

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

Columbia Property Trust's mailing address is 315 Park Avenue South, New York NY, 10010. The real estate investment trust can be reached via phone at 212-687-0800 or via email at [email protected]