First Potomac Realty Trust Company Profile (NYSE:FPO)

About First Potomac Realty Trust

First Potomac Realty Trust logoFirst Potomac Realty Trust is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Company's segments include Washington, D.C., Maryland, Northern Virginia and Southern Virginia. It conducts its business through First Potomac Realty Investment Limited Partnership, the Company's operating partnership (the Operating Partnership). The Company is the sole general partner of, and owns the preferred interest and approximately 95.7% of the common interest in the Operating Partnership. The Company's portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and business parks consists of buildings with office features combined with some industrial property space. It also owns land that can support approximately 1.3 million square feet of additional development.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: FPO
  • CUSIP: 33610F10
Key Metrics:
  • Previous Close: $10.64
  • 50 Day Moving Average: $10.52
  • 200 Day Moving Average: $9.80
  • 52-Week Range: $8.01 - $11.16
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 208.80
  • P/E Growth: 0.00
  • Market Cap: $608.80M
  • Outstanding Shares: 58,314,000
  • Beta: 0.65
Profitability:
  • Net Margins: -22.83%
  • Return on Equity: -8.28%
  • Return on Assets: -2.78%
Debt:
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.36%
Additional Links:
Companies Related to First Potomac Realty Trust:

Analyst Ratings

Consensus Ratings for First Potomac Realty Trust (NYSE:FPO) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $10.06 (3.62% downside)

Analysts' Ratings History for First Potomac Realty Trust (NYSE:FPO)
Show:
DateFirmActionRatingPrice TargetDetails
1/19/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$11.00View Rating Details
12/1/2016Wells Fargo & CompanyReiterated RatingHold$10.00View Rating Details
8/1/2016Stifel NicolausBoost Price TargetSell$8.00 -> $9.00View Rating Details
7/6/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
2/23/2016DA DavidsonLower Price TargetNeutral$11.75 -> $9.00View Rating Details
11/2/2015Compass PointLower Price Target$14.00 -> $13.00View Rating Details
9/8/2015Evercore ISILower Price TargetHold$11.50 -> $11.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$11.50 -> $11.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for First Potomac Realty Trust (NYSE:FPO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/23/2017Q416$0.26$0.27$39.83 million$38.97 millionViewN/AView Earnings Details
10/27/2016Q316$0.25$0.28$39.54 million$40.20 millionViewN/AView Earnings Details
7/28/2016Q216$0.25$0.27$39.08 million$38.49 millionViewN/AView Earnings Details
4/28/2016Q116$0.24$0.24$42.75 million$42.70 millionViewN/AView Earnings Details
2/22/2016Q415$0.24$0.28$42.73 million$43.10 millionViewListenView Earnings Details
10/29/2015Q315$0.24$0.25$43.39 million$42.90 millionViewListenView Earnings Details
7/30/2015Q2$0.24$0.25$41.13 million$43.04 millionViewListenView Earnings Details
4/30/2015Q1$0.25$0.24$43.87 million$43.85 millionViewN/AView Earnings Details
2/19/2015Q115$0.25$0.27$43.03 million$42.90 millionViewN/AView Earnings Details
10/23/2014Q414$0.24$0.25$40.83 million$42.00 millionViewN/AView Earnings Details
7/24/2014Q214$0.24$0.24$41.04 million$41.19 millionViewN/AView Earnings Details
4/24/2014$0.23$0.22$40.41 millionViewN/AView Earnings Details
2/20/2014Q413$0.23$0.23$41.35 million$39.38 millionViewN/AView Earnings Details
10/24/2013Q313$0.23$0.22$41.20 million$40.84 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.26$0.28$47.38 million$40.66 millionViewN/AView Earnings Details
4/25/2013Q113$0.30$0.30$47.72 million$51.38 millionViewN/AView Earnings Details
2/21/2013Q412$0.29$0.32$48.53 million$50.20 millionViewN/AView Earnings Details
10/25/2012$0.28$0.29ViewN/AView Earnings Details
7/26/2012$0.27$0.32ViewN/AView Earnings Details
5/16/2012$0.27$0.28ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Potomac Realty Trust (NYSE:FPO)
Current Year EPS Consensus Estimate: $-0.08 EPS
Next Year EPS Consensus Estimate: $0.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.24$0.24$0.24
Q2 20163$0.25$0.26$0.25
Q3 20164$0.25$0.27$0.26
Q4 20163$0.25$0.26$0.26
Q1 20172$0.22$0.22$0.22
Q2 20172$0.21$0.22$0.22
Q3 20172$0.20$0.21$0.21
Q4 20172$0.20$0.22$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Potomac Realty Trust (NYSE:FPO)
Annual Dividend:$0.40
Dividend Yield:3.83%
Dividend Growth:-9.10% (3 Year Average)
Payout Ratio:-46.51% (Based on Trailing 12 Months of Earnings)
-500.00% (Based on Current Year Consensus EPS Estimate)
800.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Potomac Realty Trust (NYSE:FPO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/25/2017Quarterly$0.103.77%2/6/20172/8/20172/15/2017
10/28/2016quarterly$0.104.52%11/4/201611/8/201611/15/2016
7/28/2016quarterly$0.103.96%8/4/20168/8/20168/15/2016
4/26/2016quarterly$0.104.76%5/5/20165/9/20165/16/2016
1/28/2016quarterly$0.156.22%2/5/20162/9/20162/16/2016
10/27/2015quarterly$0.155.09%11/5/201511/9/201511/16/2015
7/28/2015quarterly$0.155.29%8/6/20158/10/20158/17/2015
4/28/2015quarterly$0.155.6%5/6/20155/8/20155/15/2015
1/28/2015quarterly$0.154.6%2/6/20152/10/20152/17/2015
10/27/2014quarterly$0.154.96%11/4/201411/6/201411/17/2014
7/25/2014quarterly$0.154.51%8/4/20148/6/20148/15/2014
4/25/2014quarterly$0.154.59%5/2/20145/6/20145/15/2014
2/4/2014quarterly$0.154.62%2/6/20142/10/20142/17/2014
1/30/2014$0.152/6/20142/10/20142/17/2014
10/25/2013quarterly$0.154.76%11/4/201311/6/201311/15/2013
7/26/2013quarterly$0.154.19%8/2/20138/6/20138/15/2013
4/29/2013quarterly$0.153.8%5/2/20135/6/20135/15/2013
1/25/2013quarterly$0.154.36%2/6/20132/8/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Potomac Realty Trust (NYSE:FPO)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 91.75%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/28/2014Richard B ChessInsiderSell7,700$12.22$94,094.00View SEC Filing  
7/29/2014Nicholas R SmithEVPSell11,000$13.24$145,640.00View SEC Filing  
5/22/2014J Roderick Heller IIIInsiderBuy1,223$12.92$15,801.16View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First Potomac Realty Trust (NYSE:FPO)
DateHeadline
News IconFirst Potomac Under Contract To Sell Two Maryland Office Properties (NYSE:FPO)
www.bisnow.com - February 25 at 2:39 AM
us.rd.yahoo.com logo4:23 pm First Potomac Realty beats by $0.01, misses on revs; guides FY17 FFO in-line (NYSE:FPO)
us.rd.yahoo.com - February 24 at 9:38 PM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an (NYSE:FPO)
us.rd.yahoo.com - February 24 at 9:38 PM
finance.yahoo.com logoEdited Transcript of FPO earnings conference call or presentation 24-Feb-17 2:00pm GMT (NYSE:FPO)
finance.yahoo.com - February 24 at 9:38 PM
seekingalpha.com logoFirst Potomac Realty Trust's (FPO) CEO Bob Milkovich on Q4 2016 Results - Earnings Call Transcript (NYSE:FPO)
seekingalpha.com - February 24 at 4:37 PM
bizjournals.com logoA year later, First Potomac reports improved outlook (NYSE:FPO)
www.bizjournals.com - February 24 at 4:37 PM
marketwatch.com logo10-K: FIRST POTOMAC REALTY TRUST (NYSE:FPO)
www.marketwatch.com - February 24 at 11:12 AM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 10-K, Annual Report (NYSE:FPO)
biz.yahoo.com - February 24 at 11:12 AM
News IconFirst Potomac Sells 2 DC-Area Assets for $89M (NYSE:FPO)
www.cpexecutive.com - February 23 at 10:18 PM
reuters.com logoBRIEF-First Potomac Realty Trust reports Q4 core FFO per share $0.27 (NYSE:FPO)
www.reuters.com - February 23 at 10:18 PM
marketexclusive.com logoFIRST POTOMAC REALTY TRUST (NYSE:FPO) Files An 8-K Results of Operations and Financial Condition (NYSE:FPO)
marketexclusive.com - February 23 at 10:18 PM
sg.finance.yahoo.com logoFirst Potomac Realty Trust reports 4Q results (NYSE:FPO)
sg.finance.yahoo.com - February 23 at 10:18 PM
law360.com logoREIT First Potomac Sells 2 D.C.-Area Properties For $89M (NYSE:FPO)
www.law360.com - February 23 at 5:16 PM
biz.yahoo.com logoQ4 2016 First Potomac Realty Trust Earnings Release - After Market Close (NYSE:FPO)
biz.yahoo.com - February 23 at 5:16 PM
finance.yahoo.com logoFirst Potomac Realty Trust Reports Fourth Quarter and Full-Year 2016 Results (NYSE:FPO)
finance.yahoo.com - February 23 at 5:16 PM
bizjournals.com logoPerseus Realty, Four Points writing new chapter for NoMa’s Storey Park project (NYSE:FPO)
www.bizjournals.com - February 22 at 5:32 PM
us.rd.yahoo.com logoFirst Potomac Realty Trust Announces Sales of Plaza 500 and One Fair Oaks (NYSE:FPO)
us.rd.yahoo.com - February 22 at 10:44 AM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : February 22, 2017 (NYSE:FPO)
www.capitalcube.com - February 22 at 10:44 AM
nasdaq.com logoFirst Potomac Realty Trust (FPO) Ex-Dividend Date... (NYSE:FPO)
www.nasdaq.com - February 5 at 5:03 PM
finance.yahoo.com logoFirst Potomac Realty Trust Announces Tax Reporting Information For 2016 Common And Preferred Share Distributions (NYSE:FPO)
finance.yahoo.com - February 2 at 5:51 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bearish Manner : FPO-US : January 31, 2017 (NYSE:FPO)
www.capitalcube.com - January 31 at 5:58 PM
News IconTrump bans EPA, Agricultural research team from releasing information to the public (NYSE:FPO)
brassale.net - January 25 at 6:45 PM
News IconVornado Realty Trust (NYSE:VNO) earnings reaction history (NYSE:FPO)
itapunta.com - January 25 at 6:45 PM
seekingalpha.com logoFirst Potomac Realty Trust declares $0.10 dividend (NYSE:FPO)
seekingalpha.com - January 25 at 6:45 PM
finance.yahoo.com logoFirst Potomac Realty Trust Declares Dividend On Common Shares (NYSE:FPO)
finance.yahoo.com - January 25 at 6:45 PM
us.rd.yahoo.com logoFirst Potomac Realty downgraded by SunTrust (NYSE:FPO)
us.rd.yahoo.com - January 20 at 11:37 PM
News IconThe Education Realty Trust Inc. (EDR) Upgrade to Neutral by Hilliard Lyons (NYSE:FPO)
baddgoddess.com - January 19 at 3:53 AM
News IconBrokers Change Their Target Price On First Potomac Realty Trust (NYSE:FPO) (NYSE:FPO)
myhealthbowl.com - January 17 at 6:00 PM
publicnow.com logoFirst Potomac Realty Trust Sets Dates For Fourth Quarter Earnings Release And Conference Call (NYSE:FPO)
www.publicnow.com - January 6 at 5:50 PM
News IconAcadia Realty Trust (NYSE:AKR) Receives An Update From Brokers (NYSE:FPO)
vouxmagazine.com - December 17 at 3:53 AM
News IconFirst Potomac Realty Trust (NYSE:FPO) Valuation According To Analysts (NYSE:FPO)
thecelebritytruth.com - December 17 at 3:53 AM
News IconFirst Potomac Realty Trust (FPO) Given Consensus Rating of "Hold" by Brokerages (NYSE:FPO)
thecelebritytruth.com - December 15 at 10:52 PM
News IconWhat Smart Money Thinks about First Potomac Realty Trust (FPO)? (NYSE:FPO)
feedproxy.google.com - December 15 at 12:19 PM
thestreet.com logoFirst Potomac Realty Trust Reaches Analyst Target Price (NYSE:FPO)
www.thestreet.com - December 8 at 8:24 PM
News IconDominion Bank Has Another Very Strong Trading Session (NYSE:FPO)
www.perspectivabetica.com - December 7 at 10:28 PM
capitalcube.com logoETFs with exposure to First Potomac Realty Trust : November 15, 2016 (NYSE:FPO)
www.capitalcube.com - November 15 at 5:37 PM
capitalcube.com logoETFs with exposure to First Potomac Realty Trust : November 15, 2016 (NYSE:FPO)
www.capitalcube.com - November 15 at 5:37 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : November 14, 2016 (NYSE:FPO)
www.capitalcube.com - November 14 at 9:02 AM
News IconLatest Analyst Ratings For Education Realty Trust Inc. (NYSE:EDR) (NYSE:FPO)
www.perspectivabetica.com - November 5 at 11:17 AM
News IconKite Realty Group Trust (NYSE:FPO)
magseriesusa.net - November 5 at 11:17 AM
seekingalpha.com logoFirst Potomac Realty Trust goes ex-dividend today (NYSE:FPO)
seekingalpha.com - November 4 at 8:46 PM
thestreet.com logoEx-Div Reminder For First Potomac Realty Trust (FPO) (NYSE:FPO)
www.thestreet.com - November 3 at 9:18 PM
finance.yahoo.com logoFIRST POTOMAC REALTY TRUST Financials (NYSE:FPO)
finance.yahoo.com - November 3 at 3:18 PM
capitalcube.com logoETF’s with exposure to First Potomac Realty Trust : November 2, 2016 (NYSE:FPO)
www.capitalcube.com - November 2 at 5:18 PM
capitalcube.com logoFirst Potomac Realty Trust :FPO-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NYSE:FPO)
www.capitalcube.com - October 31 at 5:14 PM
News IconFirst Potomac Realty Trust (FPO) Issues Quarterly Earnings Results (NYSE:FPO)
itapunta.com - October 29 at 4:54 PM
marketwatch.com logo10-Q: FIRST POTOMAC REALTY TRUST (NYSE:FPO)
www.marketwatch.com - October 28 at 9:56 PM
4-traders.com logoFIRST POTOMAC REALTY TRUST : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q) (NYSE:FPO)
www.4-traders.com - October 28 at 9:56 PM
finance.yahoo.com logoFirst Potomac Realty Trust Reports Third Quarter 2016 Results (NYSE:FPO)
finance.yahoo.com - October 28 at 9:56 PM
seekingalpha.com logoFirst Potomac Realty Trust's (FPO) CEO Bob Milkovich on Q3 2016 Results - Earnings Call Transcript (NYSE:FPO)
seekingalpha.com - October 28 at 9:56 PM

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What is First Potomac Realty Trust's stock symbol?

First Potomac Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FPO."

How often does First Potomac Realty Trust pay dividends? What is the dividend yield for First Potomac Realty Trust?

First Potomac Realty Trust announced a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.10 per share on Wednesday, February 15th. This represents a $0.40 annualized dividend and a yield of 3.83%. The ex-dividend date is Monday, February 6th.

Where is First Potomac Realty Trust's stock going? Where will First Potomac Realty Trust's stock price be in 2017?

4 analysts have issued twelve-month target prices for First Potomac Realty Trust's shares. Their predictions range from $9.00 to $11.00. On average, they expect First Potomac Realty Trust's stock price to reach $10.06 in the next twelve months.

When will First Potomac Realty Trust announce their earnings?

First Potomac Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns First Potomac Realty Trust stock?

First Potomac Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (13.77%), State Street Corp (3.30%), Renaissance Technologies LLC (2.01%), Dimensional Fund Advisors LP (1.42%), Guggenheim Capital LLC (0.54%) and Thrivent Financial for Lutherans (0.42%).

Who sold First Potomac Realty Trust stock? Who is selling First Potomac Realty Trust stock?

First Potomac Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, AQR Capital Management LLC, Numeric Investors LLC, Tudor Investment Corp Et Al, Thrivent Financial for Lutherans, Metropolitan Life Insurance Co. NY, Symons Capital Management Inc. and Bard Associates Inc..

Who bought First Potomac Realty Trust stock? Who is buying First Potomac Realty Trust stock?

First Potomac Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Two Sigma Investments LP, Guggenheim Capital LLC, A.R.T. Advisors LLC, Cornercap Investment Counsel Inc., FMR LLC and Dimensional Fund Advisors LP.

How do I buy First Potomac Realty Trust stock?

Shares of First Potomac Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First Potomac Realty Trust stock cost?

One share of First Potomac Realty Trust stock can currently be purchased for approximately $10.44.

First Potomac Realty Trust (NYSE:FPO) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Potomac Realty Trust (NYSE:FPO)

Earnings History Chart

Earnings by Quarter for First Potomac Realty Trust (NYSE:FPO)

Dividend History Chart

Dividend Payments by Quarter for First Potomac Realty Trust (NYSE:FPO)

Last Updated on 2/25/2017 by MarketBeat.com Staff