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 $13.73 +0.84 (+6.52 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$13.10Now: $13.73▼$13.7450-Day Range$11.27MA: $12.89▼$14.4152-Week Range$7.63Now: $13.73▼$22.72Volume949,100 shsAverage Volume979,665 shsMarket Capitalization$1.57 billionP/E Ratio137.31Dividend Yield6.52%Beta1.22 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 $22.60, Columbia Property Trust has a potential upside of 64.6% from its current price of $13.73.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 271 “outperform” votes. (Add your “outperform” vote.)Underperform VotesColumbia Property Trust has received 346 “underperform” votes. (Add your “underperform” vote.)Community SentimentColumbia Property Trust has received 56.08% “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 6.52%, 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 54.90 % next year. This indicates that Columbia Property Trust will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Columbia Property Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $667,034.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.84% of the stock of Columbia Property Trust is held by insiders.Percentage Held by Institutions80.31% 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 5.52% in the coming year, from $1.45 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Columbia Property Trust is 137.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Columbia Property Trust is 137.31, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.68.Price to Book Value per Share RatioColumbia Property Trust has a P/B Ratio of 0.60. 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: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.82 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 Ratio4.19 Quick Ratio4.19Price-To-Earnings Trailing P/E Ratio137.31 Forward P/E Ratio9.47 P/E GrowthN/A Sales & Book Value Annual Sales$288.84 million Price / Sales5.44 Cash Flow$1.08 per share Price / Cash Flow12.68 Book Value$22.94 per share Price / Book0.60Profitability EPS (Most Recent Fiscal Year)$1.50 Net Income$9.20 million Net Margins4.13% Return on Equity0.45% Return on Assets0.29%Miscellaneous EmployeesN/A Outstanding Shares114,413,000Market Cap$1.57 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable CXP Rates by TradingView 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 COVID-19 (Coronavirus)? 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 12.0% and is now trading at $13.73. View which stocks have been most impacted by Coronavirus. 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, July 23rd 2020. View our earnings forecast for Columbia Property Trust. How were Columbia Property Trust's earnings last quarter? Columbia Property Trust (NYSE:CXP) released its quarterly earnings data on Thursday, April, 30th. The real estate investment trust reported $0.05 EPS for the quarter, meeting the Zacks' consensus estimate of $0.05. The real estate investment trust had revenue of $76.25 million for the quarter, compared to analysts' expectations of $71.06 million. Columbia Property Trust had a net margin of 4.13% and a return on equity of 0.45%. The firm's revenue was up 1.1% on a year-over-year basis. During the same period last year, the company earned $0.38 earnings per share. 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 announced a quarterly dividend on Tuesday, May 12th. Stockholders of record on Monday, June 1st will be given a dividend of $0.21 per share on Tuesday, June 16th. This represents a $0.84 annualized dividend and a dividend yield of 6.12%. The ex-dividend date is Friday, May 29th. View Columbia Property Trust's dividend history. What guidance has Columbia Property Trust issued on next quarter's earnings? Columbia Property Trust updated its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $1.40-1.48 for the period, compared to the Thomson Reuters consensus estimate of $1.47. What price target have analysts set for CXP? 5 analysts have issued twelve-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 twelve months. This suggests a possible upside of 64.6% from the stock's current price. View analysts' price targets for Columbia Property Trust. Has Columbia Property Trust been receiving favorable news coverage? Headlines about CXP stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Columbia Property Trust earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutColumbia Property Trust. Are investors shorting Columbia Property Trust? Columbia Property Trust saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,760,000 shares, an increase of 66.0% from the April 30th total of 1,060,000 shares. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is currently 1.7 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? Some companies that are related to Columbia Property Trust include Apartment Investment and Management (AIV), Store Capital (STOR), CubeSmart (CUBE), Kimco Realty (KIM), First Industrial Realty Trust (FR), Douglas Emmett (DEI), CoreSite Realty (COR), Rexford Industrial Realty (REXR), American Campus Communities (ACC), Eastgroup Properties (EGP), Life Storage (LSI), Healthcare Realty Trust (HR), JBG SMITH Properties (JBGS), Equity Commonwealth (EQC) and QTS Realty Trust (QTS). 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 Stag Industrial (STAG), LTC Properties (LTC), Omega Healthcare Investors (OHI), Vereit (VER), Wells Fargo & Co (WFC), Walmart (WMT), Alexandria Real Estate Equities (ARE), AvalonBay Communities (AVB), CyrusOne (CONE) and Cisco Systems (CSCO). 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.89%), Centersquare Investment Management LLC (4.00%), State Street Corp (3.75%), Cohen & Steers Inc. (3.74%), Victory Capital Management Inc. (2.50%) and Victory Capital Management Inc. (2.50%). 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 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., Balyasny Asset Management LLC, Cbre Clarion Securities LLC, Russell Investments Group Ltd., Mesirow Financial Investment Management Equity Management, Two Sigma Investments LP, Morgan Stanley, and Morgan Stanley. View insider buying and selling activity 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 Victory Capital Management Inc., Victory Capital Management Inc., Blackstone Group Inc, Schroder Investment Management Group, Fuller & Thaler Asset Management Inc., Weiss Multi Strategy Advisers LLC, Bank of New York Mellon Corp, and State Street Corp. 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 $13.73. How big of a company is Columbia Property Trust? Columbia Property Trust has a market capitalization of $1.57 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. 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 5/28/2020 by MarketBeat.com Staff
