NYSE:CXPColumbia Property Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Columbia Property Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.07 -0.08 (-0.66 %) (As of 08/14/2020 04:00 PM ET) Add Compare Share Today's Range$12.00Now: $12.07▼$12.3850-Day Range$11.54MA: $12.39▼$13.4252-Week Range$7.63Now: $12.07▼$22.71Volume397,800 shsAverage Volume1.05 million shsMarket Capitalization$1.38 billionP/E RatioN/ADividend Yield6.91%Beta1.11 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 properties with approximately nine million square feet. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingColumbia Property Trust has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.90, Columbia Property Trust has a potential upside of 73.2% from its current price of $12.07.Amount of Analyst CoverageColumbia Property Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesColumbia Property Trust has received 272 “outperform” votes. (Add your “outperform” vote.)Underperform VotesColumbia Property Trust has received 350 “underperform” votes. (Add your “underperform” vote.)Community SentimentColumbia Property Trust has received 56.27% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipColumbia Property Trust is a leading dividend payer. It pays a dividend yield of 6.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthColumbia Property Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Columbia Property Trust is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Columbia Property Trust will have a dividend payout ratio of 55.26% next year. This indicates that Columbia Property Trust will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Columbia Property Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.84% of the stock of Columbia Property Trust is held by insiders.Percentage Held by Institutions80.09% of the stock of Columbia Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Columbia Property Trust are expected to grow by 2.70% in the coming year, from $1.48 to $1.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Columbia Property Trust is -44.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Columbia Property Trust is -44.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioColumbia Property Trust has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.22 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:CXP Previous Symbol CUSIPN/A CIK1252849 Webwww.columbia.reit Phone212-687-0800Debt Debt-to-Equity Ratio0.63 Current Ratio3.92 Quick Ratio3.92Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio8.16 P/E GrowthN/A Sales & Book Value Annual Sales$288.84 million Price / Sales4.78 Cash Flow$0.95 per share Price / Cash Flow12.76 Book Value$22.49 per share Price / Book0.54Profitability EPS (Most Recent Fiscal Year)$1.50 Net Income$9.20 million Net Margins-10.36% Return on Equity-1.16% Return on Assets-0.72%Miscellaneous EmployeesN/A Outstanding Shares114,464,000Market Cap$1.38 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $12.07 -0.08 (-0.66 %) (As of 08/14/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CXP News and Ratings via Email Sign-up to receive the latest news and ratings for CXP and its competitors with MarketBeat's FREE daily newsletter. Columbia Property Trust (NYSE:CXP) Frequently Asked Questions How has Columbia Property Trust's stock been impacted by Coronavirus? Columbia Property Trust's stock was trading at $15.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CXP stock has decreased by 22.6% and is now trading at $12.07. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Columbia Property Trust. When is Columbia Property Trust's next earnings date? Columbia Property Trust is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for Columbia Property Trust. How were Columbia Property Trust's earnings last quarter? Columbia Property Trust (NYSE:CXP) announced its earnings results on Thursday, July, 30th. The real estate investment trust reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The real estate investment trust had revenue of $79.37 million for the quarter, compared to analyst estimates of $72.09 million. Columbia Property Trust had a negative return on equity of 1.16% and a negative net margin of 10.36%. View Columbia Property Trust's earnings history. How often does Columbia Property Trust pay dividends? What is the dividend yield for Columbia Property Trust? Columbia Property Trust declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.21 per share on Tuesday, September 15th. This represents a $0.84 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date of this dividend is Monday, August 31st. View Columbia Property Trust's dividend history. What guidance has Columbia Property Trust issued on next quarter's earnings? Columbia Property Trust updated its FY 2020 After-Hours earnings guidance on Thursday, July, 30th. The company provided earnings per share (EPS) guidance of 1.46-1.51 for the period. What price target have analysts set for CXP? 5 analysts have issued 1 year price targets for Columbia Property Trust's shares. Their forecasts range from $13.50 to $24.00. On average, they expect Columbia Property Trust's stock price to reach $20.90 in the next year. This suggests a possible upside of 73.2% from the stock's current price. View analysts' price targets for Columbia Property Trust. Has Columbia Property Trust been receiving favorable news coverage? News articles about CXP stock have trended positive on Saturday, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Columbia Property Trust earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news about Columbia Property Trust. Are investors shorting Columbia Property Trust? Columbia Property Trust saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,850,000 shares, an increase of 20.8% from the May 31st total of 2,360,000 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.6% of the shares of the company are sold short. View Columbia Property Trust's Short Interest. Who are some of Columbia Property Trust's key competitors? Some companies that are related to Columbia Property Trust include First Industrial Realty Trust (FR), Apartment Investment and Management (AIV), Eastgroup Properties (EGP), CoreSite Realty (COR), Kimco Realty (KIM), Douglas Emmett (DEI), Stag Industrial (STAG), Cousins Properties (CUZ), American Campus Communities (ACC), Life Storage (LSI), Starwood Property Trust (STWD), QTS Realty Trust (QTS), Highwoods Properties (HIW), Healthcare Realty Trust (HR) and SL Green Realty (SLG). View all competitors. What other stocks do shareholders of Columbia Property Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Property Trust investors own include AbbVie (ABBV), Brookfield Property Partners (BPY), Omega Healthcare Investors (OHI), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Walmart (WMT), Bristol-Myers Squibb (BMY), EPR Properties (EPR) and GlaxoSmithKline (GSK). Who are Columbia Property Trust's key executives? Columbia Property Trust's management team includes the following 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 & Transactions (Age 53)Mr. Matt Stover, Director - Fin. & Investor Relations What is Columbia Property Trust's stock symbol? Columbia Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP." Who are Columbia Property Trust's major shareholders? Columbia Property Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.36%), Goldman Sachs Group Inc. (2.88%), Victory Capital Management Inc. (2.57%), Cbre Clarion Securities LLC (2.16%), Prudential Financial Inc. (1.24%) and Jennison Associates LLC (0.82%). 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. Which institutional investors are selling Columbia Property Trust stock? CXP stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of New York Mellon Corp, Thompson Siegel & Walmsley LLC, Vanguard Group Inc., Russell Investments Group Ltd., State Board of Administration of Florida Retirement System, Bank of America Corp DE, and New York State Common Retirement Fund. View insider buying and selling activity for Columbia Property Trust. Which institutional investors are buying Columbia Property Trust stock? CXP stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Barclays PLC, Aigen Investment Management LP, Victory Capital Management Inc., American International Group Inc., AJO LP, Cbre Clarion Securities LLC, and Cubist Systematic Strategies 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Columbia Property Trust's stock price today? One share of CXP stock can currently be purchased for approximately $12.07. How big of a company is Columbia Property Trust? Columbia Property Trust has a market capitalization of $1.38 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. What is Columbia Property Trust's official website? The official website for Columbia Property Trust is www.columbia.reit. How can I contact Columbia Property Trust? 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] This page was last updated on 8/15/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
