NYSE:CXP - Corporate Express common stock Stock Price, Price Target & More

Corporate Express common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP."

Corporate Express common stock announced a quarterly dividend on Wednesday, May 16th. Stockholders of record on Friday, June 1st will be paid a dividend of $0.20 per share on Friday, June 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend is Thursday, May 31st. View Corporate Express common stock's Dividend History.

Corporate Express common stock announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, August 9th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Corporate Express common stock (NYSE:CXP) posted its quarterly earnings data on Thursday, April, 26th. The real estate investment trust reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.05. The real estate investment trust had revenue of $73.71 million for the quarter, compared to the consensus estimate of $70.21 million. Corporate Express common stock had a net margin of 36.65% and a return on equity of 3.94%. The business's revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.28 earnings per share. View Corporate Express common stock's Earnings History.

Corporate Express common stock is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Corporate Express common stock.

Corporate Express common stock updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $1.43-1.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.44.

5 analysts have issued 1 year price objectives for Corporate Express common stock's shares. Their forecasts range from $21.00 to $26.00. On average, they expect Corporate Express common stock's stock price to reach $23.20 in the next year. View Analyst Ratings for Corporate Express common stock.

Some companies that are related to Corporate Express common stock include Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), AGNC Investment (AGNC), Macerich (MAC), Sun Communities (SUI), Kilroy Realty (KRC), VICI Properties (VICI), Gaming and Leisure Properties (GLPI) and WP Carey (WPC).

Headlines about CXP stock have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Corporate Express common stock earned a daily sentiment score of 0.12 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Corporate Express common stock's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.36%), Centersquare Investment Management LLC (1.74%), Dimensional Fund Advisors LP (1.58%), Thompson Siegel & Walmsley LLC (1.54%), Schwab Charles Investment Management Inc. (1.32%) and Northern Trust Corp (1.16%). Company insiders that own Corporate Express common stock stock include Richard W Carpenter and Thomas G Wattles. View Institutional Ownership Trends for Corporate Express common stock.

CXP stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., UBS Group AG, Mesirow Financial Investment Management Equity Management, Wells Fargo & Company MN, Quantitative Systematic Strategies LLC, California Public Employees Retirement System, Sei Investments Co. and Schroder Investment Management Group. View Insider Buying and Selling for Corporate Express common stock.

CXP stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Nuveen Asset Management LLC, Westwood Holdings Group Inc., Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC, Employees Retirement System of Texas, Teachers Insurance & Annuity Association of America and Barclays PLC. Company insiders that have bought Corporate Express common stock stock in the last two years include Richard W Carpenter and Thomas G Wattles. View Insider Buying and Selling for Corporate Express common stock.

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.

One share of CXP stock can currently be purchased for approximately $21.93.

Corporate Express common stock has a market capitalization of $2.63 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. Corporate Express common stock employs 94 workers across the globe.

Corporate Express common stock'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]