Columbia Property Trust Stock Forecast, Price & News

Columbia Property Trust's stock was trading at $15.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CXP shares have decreased by 27.1% and is now trading at $11.37.
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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.

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.

Columbia Property Trust (NYSE:CXP) announced its earnings results on Thursday, July, 30th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The real estate investment trust had revenue of $79.37 million for the quarter, compared to analysts' expectations 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.

Columbia Property Trust declared a quarterly dividend on Wednesday, August 12th. Investors 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 annualized dividend and a dividend yield of 7.39%. The ex-dividend date is Monday, August 31st.
View Columbia Property Trust's dividend history.

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.

5 analysts have issued 1 year price objectives 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 83.8% from the stock's current price.
View analysts' price targets for Columbia Property Trust.

Columbia Property Trust saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,560,000 shares, a decrease of 13.8% from the August 15th total of 2,970,000 shares. Based on an average trading volume of 973,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.3% 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 Apartment Investment and Management (AIV), First Industrial Realty Trust (FR), Life Storage (LSI), CoreSite Realty (COR), American Campus Communities (ACC), Stag Industrial (STAG), Starwood Property Trust (STWD), Douglas Emmett (DEI), Klepierre (KLPEF), Cousins Properties (CUZ), Healthcare Realty Trust (HR), QTS Realty Trust (QTS), MGM Growth Properties (MGP), Brixmor Property Group (BRX) and Highwoods Properties (HIW).
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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).

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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.36%), Blackstone Group Inc (3.24%), Goldman Sachs Group Inc. (2.88%), Victory Capital Management Inc. (2.57%), Cbre Clarion Securities LLC (2.16%) and Charles Schwab Investment Management Inc. (1.43%). 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 Jennison Associates LLC, Bank of New York Mellon Corp, Thompson Siegel & Walmsley LLC, Vanguard Group Inc., Charles Schwab Investment Management Inc., Russell Investments Group Ltd., Nuveen Asset Management LLC, and State Board of Administration of Florida Retirement System.
View insider buying and selling activity for Columbia Property Trust.

CXP stock was purchased by a variety of institutional investors in the last quarter, including Blackstone Group Inc, Prudential Financial Inc., AQR Capital Management LLC, Barclays PLC, Aigen Investment Management LP, Victory Capital Management Inc., American International Group Inc., and Jane Street Group 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.

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 $11.37.

Columbia Property Trust has a market capitalization of $1.30 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]