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
Phone404-465-2200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$297.94 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Tuesday, August 13th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.20 per share on Wednesday, September 18th. This represents a $0.80 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Friday, August 30th. View Columbia Property Trust's Dividend History.
How were Columbia Property Trust's earnings last quarter?
Columbia Property Trust (NYSE:CXP) posted its earnings results on Thursday, July, 25th. The real estate investment trust reported $0.41 EPS for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.06. The real estate investment trust earned $72.73 million during the quarter, compared to the consensus estimate of $70.73 million. Columbia Property Trust had a return on equity of 2.28% and a net margin of 21.11%. The business's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 EPS. View Columbia Property Trust's Earnings History.
When is Columbia Property Trust's next earnings date?
What guidance has Columbia Property Trust issued on next quarter's earnings?
Columbia Property Trust updated its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $1.42-1.46 for the period.
What price target have analysts set for CXP?
1 Wall Street analysts have issued 1-year target prices for Columbia Property Trust's shares. Their forecasts range from $23.00 to $23.00. On average, they expect Columbia Property Trust's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Columbia Property Trust.
What is the consensus analysts' recommendation for Columbia Property Trust?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Property Trust in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Columbia Property Trust.
Has Columbia Property Trust been receiving favorable news coverage?
Media headlines about CXP stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Columbia Property Trust earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Columbia Property Trust.
Are investors shorting Columbia Property Trust?
Columbia Property Trust saw a increase in short interest in August. As of August 15th, there was short interest totalling 1,543,600 shares, an increase of 9.1% from the July 15th total of 1,415,300 shares. Based on an average trading volume of 447,900 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.3% of the shares of the stock are sold short. 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 SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Vereit (VER), Iron Mountain (IRM), National Retail Properties (NNN), Omega Healthcare Investors (OHI), AGNC Investment (AGNC), CyrusOne (CONE), Kimco Realty (KIM), Store Capital (STOR), Medical Properties Trust (MPW), Gaming and Leisure Properties (GLPI), Lamar Advertising (LAMR), Kilroy Realty (KRC) and Apartment Investment and Management (AIV).
What other stocks do shareholders of Columbia Property Trust own?
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 variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.54%), BlackRock Inc. (7.28%), Cohen & Steers Inc. (7.02%), Centersquare Investment Management LLC (3.52%), Morgan Stanley (2.32%) and Jennison Associates LLC (2.11%). View Institutional Ownership Trends for Columbia Property Trust.
Which institutional investors are selling Columbia Property Trust stock?
CXP stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, BlackRock Inc., Vanguard Group Inc., Clean Yield Group, Balyasny Asset Management LLC, Citadel Advisors LLC, Jennison Associates LLC and Jennison Associates LLC. View Insider Buying and Selling for Columbia Property Trust.
Which institutional investors are buying Columbia Property Trust stock?
CXP stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Centersquare Investment Management LLC, Nuveen Asset Management LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., Bank of New York Mellon Corp, Renaissance Technologies LLC and Great Lakes Advisors LLC. 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 $21.16.
How big of a company is Columbia Property Trust?
Columbia Property Trust has a market capitalization of $2.47 billion and generates $297.94 million in revenue each year. The real estate investment trust earns $9.49 million in net income (profit) each year or $1.56 on an earnings per share basis. View Additional Information About Columbia Property Trust.
What is Columbia Property Trust's official website?
How can I contact Columbia Property Trust?
Columbia Property Trust'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]
MarketBeat Community Rating for Columbia Property Trust (NYSE CXP)
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.
