Columbia Property Trust Stock Forecast, Price & News

Columbia Property Trust's stock was trading at $15.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CXP shares have decreased by 10.1% and is now trading at $14.02.
View which stocks have been most impacted by COVID-19.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Property Trust in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Columbia Property Trust stock.
View analyst ratings for Columbia Property Trust or view MarketBeat's top 5 stock picks.

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4 employees have rated Columbia Property Trust CEO E. Nelson Mills on Glassdoor.com. E. Nelson Mills has an approval rating of 74% among Columbia Property Trust's employees.

Columbia Property Trust is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Columbia Property Trust.

Columbia Property Trust will be holding an earnings conference call on Thursday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Columbia Property Trust (NYSE:CXP) released its quarterly earnings data on Thursday, October, 29th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.02. The real estate investment trust earned $82.10 million during the quarter, compared to analyst estimates of $74.65 million. Columbia Property Trust had a negative net margin of 1.64% and a negative trailing twelve-month return on equity of 0.19%. The company's revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 earnings per share.
View Columbia Property Trust's earnings history.

Columbia Property Trust declared a quarterly dividend on Monday, November 16th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.21 per share on Friday, January 8th. This represents a $0.84 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend is Monday, November 30th.
View Columbia Property Trust's dividend history.

Columbia Property Trust pays an annual dividend of $0.84 per share and currently has a dividend yield of 5.94%. CXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Columbia Property Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Columbia Property Trust is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Columbia Property Trust will have a dividend payout ratio of 59.15% next year. This indicates that Columbia Property Trust will be able to sustain or increase its dividend.
View Columbia Property Trust's dividend history.

Columbia Property Trust issued an update on its FY20 earnings guidance on Thursday, October, 29th. The company provided EPS guidance of $1.51-1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.43.

6 Wall Street analysts have issued 12 month price objectives for Columbia Property Trust's stock. Their forecasts range from $14.00 to $24.00. On average, they expect Columbia Property Trust's stock price to reach $18.75 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
View analysts' price targets for Columbia Property Trust or view Wall Street analyst' top-rated stocks.

Columbia Property Trust saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,840,000 shares, an increase of 53.3% from the December 15th total of 1,200,000 shares. Based on an average trading volume of 956,500 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.7% of the shares of the company are sold short.
View Columbia Property Trust's Short Interest.

Some companies that are related to Columbia Property Trust include Healthcare Trust of America (HTA), Klépierre (KLPEF), Rexford Industrial Realty (REXR), Life Storage (LSI), American Campus Communities (ACC), CoreSite Realty (COR), EastGroup Properties (EGP), Starwood Property Trust (STWD), First Industrial Realty Trust (FR), Brixmor Property Group (BRX), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Douglas Emmett (DEI), The Howard Hughes (HHC), Cousins Properties (CUZ) and STAG Industrial (STAG).
View all of CXP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Property Trust investors own include AbbVie (ABBV), Pfizer (PFE), Brookfield Property Partners (BPY), Omega Healthcare Investors (OHI), STAG Industrial (STAG), AT&T (T), Verizon Communications (VZ), Wells Fargo & Company (WFC), Walmart (WMT) and Weyerhaeuser (WY).

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

Columbia Property Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.15%), Pendal Group Limited (0.08%), Nisa Investment Advisors LLC (0.06%) and Sound Income Strategies LLC (0.03%). Company insiders that own Columbia Property Trust stock include E Nelson Mills, Francis X Jr Wentworth, Jeffrey K Gronning, John L Dixon and Kevin A Hoover.
View institutional ownership trends for Columbia Property Trust.

CXP stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Limited, and Strs Ohio.
View insider buying and selling activity for Columbia Property Trust or view top insider-selling stocks.

CXP stock was purchased by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, and Nisa Investment Advisors LLC. Company insiders that have bought Columbia Property Trust stock in the last two years include E Nelson Mills, Francis X Jr Wentworth, Jeffrey K Gronning, John L Dixon, and Kevin A Hoover.
View insider buying and selling activity for Columbia Property Trust or or view top insider-buying stocks.

Shares of CXP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CXP stock can currently be purchased for approximately $14.02.

Columbia Property Trust has a market capitalization of $1.60 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.

The official website for Columbia Property Trust is 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]