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

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

Columbia Property Trust declared a quarterly dividend on Wednesday, November 14th. Stockholders of record on Monday, December 3rd will be paid a dividend of $0.20 per share on Friday, January 4th. This represents a $0.80 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Friday, November 30th. View Columbia Property Trust's Dividend History.

Columbia Property Trust announced that its Board of Directors has initiated a share buyback program on Wednesday, August 9th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

Columbia Property Trust (NYSE:CXP) announced its earnings results on Thursday, October, 25th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.04. The real estate investment trust had revenue of $73.34 million for the quarter, compared to the consensus estimate of $71.86 million. Columbia Property Trust had a return on equity of 0.11% and a net margin of 1.07%. View Columbia Property Trust's Earnings History.

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Columbia Property Trust.

Columbia Property Trust will be holding an earnings conference call on Wednesday, February 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4125424180.

Columbia Property Trust updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided EPS guidance of $1.51-1.54 for the period.

4 equities research analysts have issued twelve-month target prices for Columbia Property Trust's stock. Their forecasts range from $21.00 to $25.00. On average, they expect Columbia Property Trust's stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for Columbia Property Trust.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Property Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Columbia Property Trust.

News articles about CXP stock have been trending positive on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Columbia Property Trust earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the next few days.

Some companies that are related to Columbia Property Trust include Klepierre (KLPEF), AGNC Investment (AGNC), Federal Realty Investment Trust (FRT), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), National Retail Properties (NNN), VICI Properties (VICI), Omega Healthcare Investors (OHI), Gaming and Leisure Properties (GLPI), SL Green Realty (SLG), Vereit (VER), Lamar Advertising (LAMR), Apartment Investment and Management (AIV) and Kilroy Realty (KRC).

Columbia Property Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Timbercreek Investment Management Inc. (0.37%), CenturyLink Investment Management Co (0.05%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Columbia Property Trust stock include Richard W Carpenter and Thomas G Wattles. View Institutional Ownership Trends for Columbia Property Trust.

CXP stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., CenturyLink Investment Management Co and State of Alaska Department of Revenue. Company insiders that have bought Columbia Property Trust stock in the last two years include Richard W Carpenter and Thomas G Wattles. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of CXP stock can currently be purchased for approximately $20.25.

Columbia Property Trust has a market capitalization of $2.37 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. Columbia Property Trust employs 94 workers across the globe.

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

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]