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. Investors 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 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Thursday, May 31st. View Corporate Express common stock's Dividend History.

Corporate Express common stock declared that its Board of Directors has approved a share repurchase program on Wednesday, August 9th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

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

Corporate Express common stock is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Corporate Express common stock.

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

5 brokerages have issued 12-month target prices for Corporate Express common stock's stock. Their forecasts range from $21.00 to $26.00. On average, they expect Corporate Express common stock's share price to reach $23.20 in the next year. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Ratings for Corporate Express common stock.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corporate Express common stock in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Corporate Express common stock saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,316,631 shares, an increase of 55.8% from the May 31st total of 1,487,188 shares. Based on an average daily volume of 821,776 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.0% of the company's shares are short sold. View Corporate Express common stock's Current Options Chain.

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

Media stories about CXP stock have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Corporate Express common stock earned a news impact score of 0.14 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 $22.60.

Corporate Express common stock has a market capitalization of $2.68 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]