Columbia Property Trust Company Profile (NYSE:CXP)

About Columbia Property Trust (NYSE:CXP)

Columbia Property Trust logoColumbia Property Trust, Inc. operates as a real estate investment trust (REIT), which owns and operates commercial real estate properties. The Company's primary objective is to generate long-term shareholder returns from a combination of steadily growing cash flows and appreciation in its net asset values, through the acquisition and ownership of office buildings located principally in high-barrier-to-entry markets. The Company's segments include New York, San Francisco, Atlanta, Washington, D.C., Boston, Los Angeles and all other office markets. The all other office markets segment consists of properties in similar, low-barrier to entry geographic locations, in which the Company does not plan to make further investments. The Company conducts its business primarily through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP), which acquires, develops, owns, leases and operates real properties directly through subsidiaries or through joint ventures.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $2.59201 billion
  • Outstanding Shares: 121,235,000
Average Prices:
  • 50 Day Moving Avg: $21.36
  • 200 Day Moving Avg: $21.84
  • 52 Week Range: $20.27 - $23.48
P/E:
  • Trailing P/E Ratio: 18.65
  • Foreward P/E Ratio: 15.29
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $376.05 million
  • Price / Sales: 6.85
  • Book Value: $20.66 per share
  • Price / Book: 1.03
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 3.7%
Profitability:
  • EBITDA: $171.48 million
  • Net Margins: 37.27%
  • Return on Equity: 5.55%
  • Return on Assets: 3.30%
Debt:
  • Debt-to-Equity Ratio: 0.58%
  • Current Ratio: 4.20%
  • Quick Ratio: 4.20%
Misc:
  • Average Volume: 572,612 shs.
  • Beta: 1.17
  • Short Ratio: 3.1
 

Frequently Asked Questions for Columbia Property Trust (NYSE:CXP)

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 announced a quarterly dividend on Monday, August 7th. Investors of record on Friday, September 1st will be paid a dividend of $0.20 per share on Friday, September 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend is Wednesday, August 30th. View Columbia Property Trust's Dividend History.

How will Columbia Property Trust's stock buyback program work?

Columbia Property Trust declared that its board has authorized a stock buyback program on Wednesday, August 9th 2017, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

How were Columbia Property Trust's earnings last quarter?

Columbia Property Trust, Inc. (NYSE:CXP) announced its quarterly earnings data on Thursday, July, 27th. The company reported $0.26 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.01. The business had revenue of $74.86 million for the quarter, compared to analyst estimates of $79.51 million. Columbia Property Trust had a return on equity of 5.55% and a net margin of 37.27%. The company's quarterly revenue was down 41.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.48 EPS. View Columbia Property Trust's Earnings History.

When will Columbia Property Trust make its next earnings announcement?

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Columbia Property Trust.

Where is Columbia Property Trust's stock going? Where will Columbia Property Trust's stock price be in 2017?

7 brokers have issued 1 year target prices for Columbia Property Trust's shares. Their predictions range from $21.00 to $26.00. On average, they anticipate Columbia Property Trust's share price to reach $23.80 in the next twelve months. View Analyst Ratings for Columbia Property Trust.

Who are some of Columbia Property Trust's key competitors?

Who are Columbia Property Trust's key executives?

Columbia Property Trust's management team includes the folowing people:

  • E. Nelson Mills, President, Chief Executive Officer, Director
  • James A. Fleming, Chief Financial Officer, Executive Vice President
  • Wendy W. Gill CPA, Senior Vice President - Corporate Operations and Chief Accounting Officer
  • Kevin A. Hoover, Senior Vice President - Portfolio Management
  • John L. Dixon, Non-Executive Independent Chairman of the Board
  • Carmen M. Bowser, Independent Director
  • Charles R. Brown, Independent Director
  • Richard W. Carpenter, Independent Director
  • David B. Henry, Independent Director

How do I buy Columbia Property Trust stock?

Shares of Columbia Property Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Columbia Property Trust's stock price today?

One share of Columbia Property Trust stock can currently be purchased for approximately $21.26.


MarketBeat Community Rating for Columbia Property Trust (NYSE CXP)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  244
MarketBeat's community ratings are surveys of what our community members think about Columbia Property Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Columbia Property Trust (NYSE:CXP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $23.80 (11.95% upside)
Consensus Price Target History for Columbia Property Trust (NYSE:CXP)
Price Target History for Columbia Property Trust (NYSE:CXP)
Analysts' Ratings History for Columbia Property Trust (NYSE:CXP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/22/2017Goldman Sachs Group IncReiterated RatingNeutral -> Neutral$21.00LowView Rating Details
4/28/2017BMO Capital MarketsReiterated RatingBuy$26.00LowView Rating Details
3/27/2017Evercore ISIUpgradeIn-Line -> Outperform$24.50 -> $25.00HighView Rating Details
1/24/2017CIBCUpgradeMarket Perform -> OutperformN/AView Rating Details
1/24/2017Oppenheimer Holdings, Inc.UpgradeMarket Perform -> Outperform$26.00N/AView Rating Details
1/9/2017JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
12/21/2016SunTrust Banks, Inc.Initiated CoverageHold$21.00N/AView Rating Details
3/3/2016Morgan StanleyDowngradeOverweight -> Equal Weight$29.00 -> $21.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Columbia Property Trust (NYSE:CXP)
Earnings by Quarter for Columbia Property Trust (NYSE:CXP)
Earnings History by Quarter for Columbia Property Trust (NYSE CXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
7/27/2017Q2 2017$0.27$0.26$79.51 million$74.86 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.27$0.28$100.52 million$82.16 millionViewN/AView Earnings Details
2/9/2017Q416$0.36$0.37$109.23 million$105.77 millionViewListenView Earnings Details
10/27/2016Q3($0.01)$0.37$114.97 million$113.27 millionViewListenView Earnings Details
7/28/2016Q216$0.39$0.11$127.96 million$127.93 millionViewListenView Earnings Details
4/28/2016Q116$0.29$0.05$132.19 million$126.58 millionViewListenView Earnings Details
2/11/2016Q415$0.45$0.08$135.97 million$132.70 millionViewListenView Earnings Details
10/29/2015Q315$0.07$0.16$139.22 million$137.71 millionViewListenView Earnings Details
7/30/2015Q215$0.04$0.07$146.84 million$148.10 millionViewListenView Earnings Details
4/30/2015Q115$0.49$0.52$137.88 million$147.50 millionViewN/AView Earnings Details
2/11/2014Q413$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Columbia Property Trust (NYSE:CXP)
2017 EPS Consensus Estimate: $1.22
2018 EPS Consensus Estimate: $1.46
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.25$0.28$0.27
Q2 20172$0.28$0.28$0.28
Q3 20172$0.31$0.33$0.32
Q4 20172$0.30$0.40$0.35
Q1 20182$0.34$0.37$0.36
Q2 20182$0.35$0.38$0.37
Q3 20182$0.34$0.39$0.37
Q4 20182$0.35$0.39$0.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Columbia Property Trust (NYSE:CXP)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.80
Dividend Yield:3.76%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:70.18% (Trailing 12 Months of Earnings)
71.43% (Based on This Year's Estimates)
57.55% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Columbia Property Trust (NYSE:CXP)

Dividend History by Quarter for Columbia Property Trust (NYSE CXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/7/2017quarterly$0.203.69%8/30/20179/1/20179/15/2017
5/3/2017quarterly$0.203.6%5/30/20176/1/20176/15/2017
2/10/2017quarterly$0.203.48%2/27/20173/1/20173/15/2017
11/11/2016quarterly$0.305.71%11/29/201612/1/20161/5/2017
8/9/2016quarterly$0.304.94%8/30/20169/1/20169/15/2016
5/3/2016quarterly$0.305.33%5/27/20166/1/20166/15/2016
2/11/2016Quarterly$0.302/26/20163/1/20163/15/2016
11/6/2015Quarterly$0.3011/27/201512/1/20151/6/2016
8/7/2015quarterly$0.305.07%8/28/20159/1/20159/15/2015
5/6/2015quarterly$0.304.56%5/28/20156/1/20156/16/2015
2/13/2015quarterly$0.304.62%2/26/20153/2/20153/17/2015
11/3/2014quarterly$0.304.77%11/28/201412/2/201412/16/2014
8/7/2014quarterly$0.304.83%8/28/20149/2/20149/16/2014
5/9/2014quarterly$0.304.12%5/29/20146/2/20146/17/2014
2/20/2014quarterly$0.304.92%2/27/20143/3/20143/18/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Columbia Property Trust (NYSE:CXP)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 64.89%
Insider Trades by Quarter for Columbia Property Trust (NYSE:CXP)
Institutional Ownership by Quarter for Columbia Property Trust (NYSE:CXP)
Insider Trades by Quarter for Columbia Property Trust (NYSE:CXP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017Thomas G WattlesDirectorBuy4,700$21.27$99,969.00View SEC Filing  
8/24/2015John L DixonDirectorBuy2,000$21.96$43,920.00View SEC Filing  
9/15/2014John L DixonDirectorBuy2,000$25.07$50,140.00View SEC Filing  
6/4/2014John L DixonDirectorBuy2,000$26.54$53,080.00View SEC Filing  
12/19/2013Thomas G WattlesDirectorBuy4,100$24.50$100,450.00View SEC Filing  
12/5/2013Murray J MccabeDirectorBuy4,390$22.75$99,872.50View SEC Filing  
11/26/2013John L DixonDirectorBuy1,500$23.02$34,530.00View SEC Filing  
11/26/2013Randy FretzSVPBuy1,085$23.05$25,009.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Columbia Property Trust (NYSE:CXP)
Latest Headlines for Columbia Property Trust (NYSE:CXP)
Source:
DateHeadline
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - October 18 at 11:20 AM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 18 at 3:23 AM
finance.yahoo.com logoColumbia Property Trust and partner buy 1800 M for $421 million
finance.yahoo.com - October 12 at 6:30 PM
finance.yahoo.com logoColumbia Property Trust Expands in Washington, D.C. with Acquisition of 1800 M Street
finance.yahoo.com - October 11 at 7:14 PM
finance.yahoo.com logoColumbia Property Trust Increases its Midtown South Presence with Two Chelsea Acquisitions
finance.yahoo.com - October 11 at 7:14 PM
americanbankingnews.com logoColumbia Property Trust (CXP) versus Vornado Realty Trust (VNO) Head to Head Analysis
www.americanbankingnews.com - October 5 at 2:26 PM
americanbankingnews.com logoComparing Realty Income Corporation (O) & Columbia Property Trust (CXP)
www.americanbankingnews.com - October 5 at 9:46 AM
americanbankingnews.com logoColumbia Property Trust (CXP) & Its Peers Head to Head Comparison
www.americanbankingnews.com - October 3 at 6:22 AM
americanbankingnews.com logoCritical Survey: Columbia Property Trust (CXP) vs. Federal Realty Investment Trust (FRT)
www.americanbankingnews.com - October 1 at 4:34 AM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 23 at 9:10 AM
finance.yahoo.com logoColumbia Property Trust Announces the Date of its 2017 Third Quarter Results and Conference Call Information
finance.yahoo.com - September 22 at 4:46 PM
finance.yahoo.com logoColumbia Property Trust Renews DLA Piper in 119,000 Square Feet at University Circle in Palo Alto
finance.yahoo.com - September 21 at 5:44 PM
thestreet.com logoFirst Week of CXP November 17th Options Trading
www.thestreet.com - September 19 at 5:40 PM
americanbankingnews.com logoContrasting Columbia Property Trust (CXP) and Easterly Government Properties (DEA)
www.americanbankingnews.com - September 19 at 10:51 AM
zacks.com logoNew Strong Sell Stocks for September 6th
www.zacks.com - September 6 at 5:43 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 29 at 8:44 AM
nasdaq.com logoEx-Dividend Reminder: FNB, Columbia Property Trust and Chemical Financial
www.nasdaq.com - August 28 at 5:33 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Director Thomas G. Wattles Acquires 4,700 Shares
www.americanbankingnews.com - August 16 at 1:34 PM
americanbankingnews.com logoColumbia Property Trust, Inc. to Post FY2017 Earnings of $1.12 Per Share, SunTrust Banks Forecasts (NYSE:CXP)
www.americanbankingnews.com - August 14 at 5:52 AM
finance.yahoo.com logoIHS Markit Score downgrades Columbia Property Trust Inc to 51 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 6:11 PM
streetinsider.com logoColumbia Property Trust (CXP) Announces New $200M Share Repurchase Program
www.streetinsider.com - August 9 at 10:53 PM
nasdaq.com logoColumbia Property Trust is Oversold
www.nasdaq.com - August 9 at 10:52 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Columbia Property Trust Inc.
finance.yahoo.com - August 9 at 10:52 PM
americanbankingnews.com logoShare Buyback Plan Declared by Columbia Property Trust (NYSE:CXP) Board of Directors
www.americanbankingnews.com - August 9 at 11:04 AM
finance.yahoo.com logoColumbia Property Trust Announces New $200 Million Share Repurchase Program
finance.yahoo.com - August 8 at 5:27 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (NYSE:CXP) Announces Quarterly Dividend of $0.20
www.americanbankingnews.com - August 7 at 6:34 PM
finance.yahoo.com logoColumbia Property Trust Declares Third Quarter Dividend
finance.yahoo.com - August 7 at 6:06 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (NYSE:CXP) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 4 at 8:52 AM
americanbankingnews.com logoColumbia Property Trust, Inc. (NYSE:CXP) Sees Large Growth in Short Interest
www.americanbankingnews.com - August 1 at 7:17 AM
finance.yahoo.com logoEdited Transcript of CXP earnings conference call or presentation 27-Jul-17 9:00pm GMT
finance.yahoo.com - July 28 at 7:37 PM
finance.yahoo.com logoColumbia reports 2Q results
finance.yahoo.com - July 27 at 11:04 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (CXP) Issues Quarterly Earnings Results
www.americanbankingnews.com - July 27 at 10:30 PM
finance.yahoo.com logoInvestor Network: Columbia Property Trust, Inc. to Host Earnings Call
finance.yahoo.com - July 27 at 6:01 PM
finance.yahoo.com logoColumbia Property Trust Releases Second Quarter 2017 Update and Results
finance.yahoo.com - July 27 at 6:01 PM
americanbankingnews.com logoColumbia Property Trust, Inc. (NYSE:CXP) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 9:11 AM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - CXP
www.nasdaq.com - July 9 at 11:09 AM
seekingalpha.com logoColumbia Property Trust forms JV with Allianz
seekingalpha.com - July 7 at 5:07 AM
finance.yahoo.com logoColumbia Property Trust and Allianz Real Estate Form Joint Venture to Own Class-A Office Assets in the Nation’s Leading Gateway Markets
finance.yahoo.com - July 6 at 7:00 PM
finance.yahoo.com logoAllianz, Columbia Form a $1.26 Billion U.S. Real Estate Venture
finance.yahoo.com - July 6 at 7:00 PM
finance.yahoo.com logoColumbia Property Trust Announces the Date of its 2017 Second Quarter Results and Conference Call Information
finance.yahoo.com - July 3 at 5:37 PM
seekingalpha.com logoColumbia Property Trust Is Undervalued
seekingalpha.com - June 13 at 12:22 PM
streetinsider.com logoForm 8-K COLUMBIA PROPERTY TRUST, For: Jun 06
www.streetinsider.com - June 6 at 4:52 PM
seekingalpha.com logoColumbia Property Atlanta office portfolio gets to 100% leased
seekingalpha.com - June 6 at 4:52 PM
seekingalpha.com logoColumbia Property Trust, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 27 at 10:13 PM
marketbeat.com logoColumbia reports 1Q results
marketbeat.com - April 27 at 5:55 PM
bizjournals.com logoWest Coast developer: 'Houston is just too big to ignore'
www.bizjournals.com - March 14 at 6:13 PM
streetinsider.com logoColumbia Property Trust (CXP) Agrees to Purchase 149 Madison Avenue in Manhattan, NY - StreetInsider.com
www.streetinsider.com - March 12 at 4:27 PM
streetinsider.com logoColumbia Property Trust (CXP) Agrees to Purchase 149 Madison Avenue in Manhattan, NY
www.streetinsider.com - March 10 at 5:44 PM
seekingalpha.com logoColumbia Property Trust adds to NYC holdings
seekingalpha.com - March 9 at 5:11 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 1 at 1:12 PM

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Chart

Columbia Property Trust (CXP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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