NYSE:CXP - Corporate Express common stock Stock Price, Price Target & More

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$22.60 -0.18 (-0.79 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$22.72
Today's Range$22.50 - $22.76
52-Week Range$19.55 - $23.33
Volume17,395 shs
Average Volume547,625 shs
Market Capitalization$2.67 billion
P/E Ratio19.87
Dividend Yield3.55%
Beta1.03
Corporate Express common stock logoColumbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, D.C. Its portfolio includes 20 properties with over nine million square feet. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's. For more information, please visit www.columbia.reit.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CXP
CUSIPN/A
Phone404-465-2200

Debt

Debt-to-Equity Ratio0.58
Current Ratio1.19
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio19.87
Forward P/E Ratio15.59
P/E GrowthN/A

Sales & Book Value

Annual Sales$289 million
Price / Sales9.27
Cash Flow$2.4145 per share
Price / Cash9.36
Book Value$21.13 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$1.14
Net Income$176.04 million
Net Margins36.65%
Return on Equity3.94%
Return on Assets2.37%

Miscellaneous

Employees94
Outstanding Shares118,600,000
Market Cap$2,672.10

Corporate Express common stock (NYSE:CXP) Frequently Asked Questions

What is Corporate Express common stock's stock symbol?

Corporate Express common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP."

How often does Corporate Express common stock pay dividends? What is the dividend yield for Corporate Express common stock?

Corporate Express common stock announced a quarterly dividend on Wednesday, May 16th. Investors of record on Friday, June 1st will be paid a dividend of $0.20 per share on Friday, June 15th. This represents a $0.80 annualized dividend and a yield of 3.54%. The ex-dividend date is Thursday, May 31st. View Corporate Express common stock's Dividend History.

How will Corporate Express common stock's stock buyback program work?

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

How were Corporate Express common stock's earnings last quarter?

Corporate Express common stock (NYSE:CXP) issued its quarterly earnings results on Thursday, April, 26th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.05. The real estate investment trust had revenue of $73.71 million for 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 business's quarterly revenue was down 10.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 earnings per share. View Corporate Express common stock's Earnings History.

When is Corporate Express common stock's next earnings date?

Corporate Express common stock is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Corporate Express common stock.

What guidance has Corporate Express common stock issued on next quarter's earnings?

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

What price target have analysts set for CXP?

5 brokers have issued 12-month 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. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Ratings for Corporate Express common stock.

What is the consensus analysts' recommendation for Corporate Express common stock?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corporate Express common stock in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Corporate Express common stock?

Corporate Express common stock saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,316,631 shares, an increase of 55.8% from the May 31st total of 1,487,188 shares. Based on an average daily volume of 821,776 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.0% of the company's shares are short sold. View Corporate Express common stock's Current Options Chain.

Who are some of Corporate Express common stock's key competitors?

Who are Corporate Express common stock's key executives?

Corporate Express common stock'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

Has Corporate Express common stock been receiving favorable news coverage?

Press coverage about CXP stock has trended somewhat positive recently, Accern reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Corporate Express common stock earned a media sentiment score of 0.15 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 45.46 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

How do I buy shares of 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.

What is Corporate Express common stock's stock price today?

One share of CXP stock can currently be purchased for approximately $22.60.

How big of a company is Corporate Express common stock?

Corporate Express common stock has a market capitalization of $2.67 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.

How can I contact Corporate Express common stock?

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]


MarketBeat Community Rating for Corporate Express common stock (NYSE CXP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  412
MarketBeat's community ratings are surveys of what our community members think about Corporate Express common stock 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 7/20/2018 by MarketBeat.com Staff

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