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

$22.27
0.00 (0.00 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$22.23
Now: $22.27
$22.50
50-Day Range
$20.28
MA: $21.64
$22.47
52-Week Range
$19.64
Now: $22.27
$23.13
Volume610,831 shs
Average Volume600,149 shs
Market Capitalization$2.57 billion
P/E Ratio278.41
Dividend Yield3.77%
Beta0.88
Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, DC 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.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-687-0800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$288.84 million
Cash Flow$0.95 per share
Book Value$22.81 per share

Profitability

Net Income$9.20 million

Miscellaneous

EmployeesN/A
Market Cap$2.57 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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Columbia Property Trust (NYSE:CXP) Frequently Asked Questions

What is Columbia Property Trust's stock symbol?

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

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 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.

How were Columbia Property Trust's earnings last quarter?

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.

When is Columbia Property Trust's next earnings date?

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

What guidance has Columbia Property Trust issued on next quarter's earnings?

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.

What price target have analysts set for CXP?

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.

What is the consensus analysts' recommendation 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.

Has Columbia Property Trust been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Columbia Property Trust's key 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 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).

Who are Columbia Property Trust's key executives?

Columbia Property Trust's management team includes the folowing 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

Who are Columbia Property Trust's major shareholders?

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.

Which major investors are selling Columbia Property Trust stock?

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.

Which major investors are buying Columbia Property Trust stock?

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.

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 $22.27.

How big of a company is Columbia Property Trust?

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.

What is Columbia Property Trust's official website?

The official website for Columbia Property Trust is http://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]


MarketBeat Community Rating for Columbia Property Trust (NYSE CXP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  598
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.
This page was last updated on 2/22/2020 by MarketBeat.com Staff

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