NYSE:CXPColumbia Property Trust Stock Price, Forecast & News

Columbia Property Trust's stock was trading at $15.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CXP stock has decreased by 21.4% and is now trading at $12.26. View which stocks have been most impacted by Coronavirus.

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.

Columbia Property Trust is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Columbia Property Trust.

Columbia Property Trust will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Columbia Property Trust (NYSE:CXP) released its quarterly earnings results on Thursday, April, 30th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.05. The real estate investment trust earned $76.25 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned $0.38 EPS. View Columbia Property Trust's earnings history.

Columbia Property Trust announced a quarterly dividend on Tuesday, May 12th. Investors of record on Monday, June 1st will be paid a dividend of $0.21 per share on Tuesday, June 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.85%. The ex-dividend date of this dividend is Friday, May 29th. View Columbia Property Trust's dividend history.

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 earnings per share estimate of $1.47.

5 Wall Street analysts have issued 1-year price targets for Columbia Property Trust's shares. Their forecasts range from $13.50 to $24.00. On average, they expect Columbia Property Trust's share price to reach $20.90 in the next year. This suggests a possible upside of 70.5% from the stock's current price. View analysts' price targets for Columbia Property Trust.

News coverage about CXP stock has been trending negative on Wednesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Columbia Property Trust earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Columbia Property Trust.

Columbia Property Trust saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,850,000 shares, an increase of 20.8% from the June 15th total of 2,360,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.6% of the company's shares are short sold. View Columbia Property Trust's Current Options Chain.

Some companies that are related to Columbia Property Trust include National Retail Properties (NNN), Apartment Investment and Management (AIV), Healthcare Trust Of America (HTA), Kimco Realty (KIM), Douglas Emmett (DEI), Store Capital (STOR), CubeSmart (CUBE), Rexford Industrial Realty (REXR), First Industrial Realty Trust (FR), Eastgroup Properties (EGP), CoreSite Realty (COR), American Campus Communities (ACC), Life Storage (LSI), Cousins Properties (CUZ) and Stag Industrial (STAG). View all competitors.

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).

Columbia Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP."

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.

One share of CXP stock can currently be purchased for approximately $12.26.

Columbia Property Trust has a market capitalization of $1.40 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.

The official website for Columbia Property Trust is www.columbia.reit.

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]