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 given 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 3.60%. The ex-dividend date of this dividend is Thursday, May 31st. View Corporate Express common stock's Dividend History.

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

Corporate Express common stock (NYSE:CXP) announced its earnings results on Thursday, April, 26th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.05. The real estate investment trust earned $73.71 million during 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%. The firm's revenue was down 10.3% compared to the same quarter last year. During the same quarter last year, the firm 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 Wednesday, July, 25th 2018. View Earnings Estimates for Corporate Express common stock.

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

5 brokers have issued 1 year target prices for Corporate Express common stock's shares. Their forecasts range from $21.00 to $26.00. On average, they expect Corporate Express common stock's stock price to reach $23.20 in the next year. View Analyst Ratings for Corporate Express common stock.

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

Headlines about CXP stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Corporate Express common stock earned a media sentiment score of 0.10 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 47.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Corporate Express common stock's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.36%), Centersquare Investment Management LLC (1.74%), Dimensional Fund Advisors LP (1.58%), Thompson Siegel & Walmsley LLC (1.54%), Schwab Charles Investment Management Inc. (1.32%) and Northern Trust Corp (1.16%). Company insiders that own Corporate Express common stock stock include Richard W Carpenter and Thomas G Wattles. View Institutional Ownership Trends for Corporate Express common stock.

CXP stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., UBS Group AG, Mesirow Financial Investment Management Equity Management, Wells Fargo & Company MN, Quantitative Systematic Strategies LLC, California Public Employees Retirement System, Sei Investments Co. and Schroder Investment Management Group. View Insider Buying and Selling for Corporate Express common stock.

CXP stock was purchased by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Nuveen Asset Management LLC, Westwood Holdings Group Inc., Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC, Employees Retirement System of Texas, Teachers Insurance & Annuity Association of America and Barclays PLC. Company insiders that have bought Corporate Express common stock stock in the last two years include Richard W Carpenter and Thomas G Wattles. View Insider Buying and Selling for Corporate Express common stock.

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 $22.22.

Corporate Express common stock has a market capitalization of $2.60 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]