Columbia Property Trust Stock Price, News & Analysis (NYSE:CXP)

$21.16
-0.10 (-0.47 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$21.15
Now: $21.16
$21.48
50-Day Range
$20.71
MA: $21.38
$21.90
52-Week Range
$18.08
Now: $21.16
$23.76
Volume716,442 shs
Average Volume345,691 shs
Market Capitalization$2.47 billion
P/E Ratio13.56
Dividend Yield3.78%
Beta0.92
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
Phone404-465-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$297.94 million
Cash Flow$1.0217 per share
Book Value$23.23 per share

Profitability

Net Income$9.49 million

Miscellaneous

EmployeesN/A
Market Cap$2.47 billion
Next Earnings Date10/24/2019 (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 announced a quarterly dividend on Tuesday, August 13th. Investors 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 annualized dividend and a yield of 3.78%. The ex-dividend date 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) announced 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 had revenue of $72.73 million for the quarter, compared to analyst estimates of $70.73 million. Columbia Property Trust had a return on equity of 2.28% and a net margin of 21.11%. Columbia Property Trust's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. 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, October 24th 2019. 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 FY 2019 earnings guidance on Thursday, July, 25th. The company provided EPS guidance of $1.42-1.46 for the period.

What price target have analysts set for CXP?

1 equities research analysts have issued 1-year target prices for Columbia Property Trust's stock. Their forecasts range from $23.00 to $23.00. On average, they anticipate Columbia Property Trust's share price to reach $23.00 in the next year. 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?

Press coverage about CXP stock has trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Columbia Property Trust earned a news 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, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Columbia Property Trust.

Are investors shorting Columbia Property Trust?

Columbia Property Trust saw a increase in short interest during the month of 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 daily volume of 447,900 shares, the days-to-cover ratio is currently 3.4 days. Approximately 1.3% of the shares of the stock 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?

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 shareholders 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 acquired 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?

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 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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  556
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 9/21/2019 by MarketBeat.com Staff

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