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: $9.33
  • 50 Day Moving Average: $9.63
  • 200 Day Moving Average: $9.26
  • 52-Week Range: $7.90 - $12.11
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.11
  • P/E Growth: 1.04
  • Market Cap: $542.34M
  • Outstanding Shares: 58,129,000
  • Beta: 0.75
Profitability:
  • Net Margins: -21.37%
  • Return on Equity: -7.60%
  • Return on Assets: -2.53%
Debt:
  • Debt-to-Equity Ratio: 1.68%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%
Additional Links:
Companies Related to First Potomac Realty Trust:

Analyst Ratings

Consensus Ratings for First Potomac Realty Trust (NYSE:FPO) (?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $10.45 (12.00% upside)

Analysts' Ratings History for First Potomac Realty Trust (NYSE:FPO)
Show:
DateFirmActionRatingPrice TargetDetails
9/16/2016SunTrust Banks Inc.UpgradeNeutral -> Buy$11.00View Rating Details
8/1/2016Stifel NicolausBoost Price TargetSell$8.00 -> $9.00View Rating Details
7/6/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
3/28/2016Wells Fargo & Co.Reiterated RatingSellView 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
2/20/2015Cantor FitzgeraldReiterated RatingBuy$15.00View Rating Details
2/19/2015MLV & Co.Set Price TargetBuy$15.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for First Potomac Realty Trust (NYSE:FPO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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: $1.00 EPS
Next Year EPS Consensus Estimate: $0.84 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 20164$0.24$0.26$0.26
Q1 20172$0.22$0.25$0.24
Q2 20172$0.22$0.26$0.24
Q3 20172$0.21$0.26$0.24
Q4 20172$0.22$0.27$0.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Potomac Realty Trust (NYSE:FPO)
Annual Dividend:$0.40
Dividend Yield:4.29%
Dividend Growth:-9.10% (3 Year Average)
Payout Ratio:-45.45% (Based on Trailing 12 Months of Earnings)
40.00% (Based on Current Year Consensus EPS Estimate)
47.62% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Potomac Realty Trust (NYSE:FPO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 92.12%
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
finance.yahoo.com logoFirst Potomac Realty upgraded by Stifel (NYSE:FPO)
finance.yahoo.com - September 29 at 10:06 AM
publicnow.com logoFirst Potomac Realty Trust Sets Dates For Third Quarter Earnings Release And Conference Call (NYSE:FPO)
www.publicnow.com - September 27 at 5:04 PM
News IconFirst Potomac Realty Trust (NYSE:FPO) Check on Ratings (NYSE:FPO)
diariocatolico.net - September 20 at 8:57 AM
seekingalpha.com logoFirst Potomac Realty upgraded at SunTrust (NYSE:FPO)
seekingalpha.com - September 16 at 8:53 AM
4-traders.com logoFIRST POTOMAC REALTY TRUST : Regulation FD Disclosure (form 8-K) (NYSE:FPO)
www.4-traders.com - September 13 at 9:56 AM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Regulation FD Disclosure (NYSE:FPO)
biz.yahoo.com - September 13 at 9:56 AM
News IconPS Business Parks is Among the Companies in the Diversified REITs Industry With the Lowest EBITDA Growth (PSB, FPO, OLP, WRE, CUZ) (NYSE:FPO)
www.traderplanet.com - September 11 at 9:33 AM
4-traders.com logoFirst Potomac Realty Trust : Axar Capital Management adds First Potomac Realty Trust (FPO) to its portfolio (NYSE:FPO)
www.4-traders.com - August 31 at 9:50 AM
capitalcube.com logoETF’s with exposure to First Potomac Realty Trust : August 22, 2016 (NYSE:FPO)
www.capitalcube.com - August 22 at 5:07 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : August 19, 2016 (NYSE:FPO)
www.capitalcube.com - August 19 at 5:01 PM
capitalcube.com logoETF’s with exposure to First Potomac Realty Trust : August 10, 2016 (NYSE:FPO)
www.capitalcube.com - August 10 at 5:20 PM
capitalcube.com logoFirst Potomac Realty Trust :FPO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:FPO)
www.capitalcube.com - August 10 at 12:30 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : August 9, 2016 (NYSE:FPO)
www.capitalcube.com - August 9 at 3:49 PM
breakingfinancenews.com logoA report released today by Stifel Nicolaus about First Potomac Realty Trust(NYSE:FPO) raises the target price to $9 (NYSE:FPO)
breakingfinancenews.com - August 1 at 5:00 PM
finance.yahoo.com logoEdited Transcript of FPO earnings conference call or presentation 29-Jul-16 1:00pm GMT (NYSE:FPO)
finance.yahoo.com - July 29 at 6:09 PM
bizjournals.com logoA slimmer First Potomac Realty Trust turning its financial tide, but will it be enough? (NYSE:FPO)
www.bizjournals.com - July 29 at 3:12 PM
finance.yahoo.com logoFirst Potomac Realty Trust Reports Second Quarter 2016 Results (NYSE:FPO)
finance.yahoo.com - July 29 at 12:09 PM
4-traders.com logoFIRST POTOMAC REALTY TRUST : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NYSE:FPO)
www.4-traders.com - July 28 at 9:36 PM
reuters.com logoBRIEF-First Potomac Realty Trust reports Q2 FFO per share $0.22 (NYSE:FPO)
www.reuters.com - July 28 at 9:36 PM
biz.yahoo.com logoQ2 2016 First Potomac Realty Trust Earnings Release - After Market Close (NYSE:FPO)
biz.yahoo.com - July 28 at 7:07 AM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex (NYSE:FPO)
biz.yahoo.com - July 28 at 6:05 AM
reuters.com logoBRIEF-First Potomac Realty Trust sells storey park for $54.5 mln (NYSE:FPO)
www.reuters.com - July 26 at 11:15 PM
publicnow.com logoFirst Potomac Realty Trust Sells Storey Park For $54.5 Million (NYSE:FPO)
www.publicnow.com - July 26 at 4:58 PM
capitalcube.com logoFirst Property Group Plc :FPO-GB: Earnings Analysis: For the six months ended March 31, 2016 : July 22, 2016 (NYSE:FPO)
www.capitalcube.com - July 22 at 3:08 AM
publicnow.com logoFirst Potomac Realty Trust Sets Dates For Second Quarter Earnings Release And Conference Call (NYSE:FPO)
www.publicnow.com - June 23 at 4:49 PM
News IconKimco Realty Corp (NYSE:KIM) Analyst Estimates And Rating (NYSE:FPO)
equilibrioinformativo.com - June 15 at 9:47 AM
capitalcube.com logoFirst Property Group Plc :FPO-GB: Earnings Analysis: For the six months ended March 31, 2016 : June 13, 2016 (NYSE:FPO)
www.capitalcube.com - June 13 at 5:16 AM
capitalcube.com logoFirst Property Group Plc :FPO-GB: Earnings Analysis: 2016 By the Numbers : June 13, 2016 (NYSE:FPO)
www.capitalcube.com - June 13 at 1:20 AM
4-traders.com logoFIRST POTOMAC REALTY TRUST : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:FPO)
www.4-traders.com - June 6 at 10:31 PM
publicnow.com logoFirst Potomac Realty Trust Announces Redemption Of Remaining 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE:FPO)
www.publicnow.com - June 6 at 4:28 PM
News IconWinthrop Realty Trust (NYSE:FUR) Do Brokers Advise Buy, Sell Or Hold? (NYSE:FPO)
spoletocity.com - June 3 at 7:19 AM
News IconFirst Potomac Sells 97% Stake In Storey Park Site For $55M (NYSE:FPO)
www.bisnow.com - June 2 at 11:12 PM
News IconFirst Potomac’s NoMa Site is Trading for $55M (NYSE:FPO)
www.globest.com - June 1 at 5:20 PM
News IconArbor Realty Trust (NYSE:ABR) Do Brokers Advise Buy, Sell Or Hold? (NYSE:FPO)
senegal-actu.com - June 1 at 5:20 PM
streetinsider.com logoFirst Potomac Realty Trust (FPO) to Sell Storey Park in $54.5M Deal (NYSE:FPO)
www.streetinsider.com - June 1 at 5:20 PM
bizjournals.com logoFirst Potomac unloads former Greyhound site in NoMa (NYSE:FPO)
www.bizjournals.com - June 1 at 1:52 PM
finance.yahoo.com logoFirst Potomac (FPO) to Sell Storey Park in Washington, D.C. (NYSE:FPO)
finance.yahoo.com - June 1 at 10:12 AM
feeds.reuters.com logoBRIEF-First Potomac Realty Trust to sell Storey Park for $54.5 million (NYSE:FPO)
feeds.reuters.com - May 31 at 5:21 PM
finance.yahoo.com logoFirst Potomac Realty Trust Enters Into A Binding Contract To Sell Storey Park For $54.5 Million (NYSE:FPO)
finance.yahoo.com - May 31 at 4:45 PM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a (NYSE:FPO)
biz.yahoo.com - May 25 at 6:07 AM
capitalcube.com logoETF’s with exposure to First Potomac Realty Trust : May 18, 2016 (NYSE:FPO)
www.capitalcube.com - May 17 at 8:20 PM
bizjournals.com logoBob Milkovich didn't make it to the NFL. A local REIT might profit from it. (NYSE:FPO)
www.bizjournals.com - May 16 at 12:00 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : May 16, 2016 (NYSE:FPO)
www.capitalcube.com - May 16 at 8:10 AM
capitalcube.com logoETF’s with exposure to First Potomac Realty Trust : May 5, 2016 (NYSE:FPO)
www.capitalcube.com - May 5 at 5:14 PM
capitalcube.com logoFirst Potomac Realty Trust :FPO-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:FPO)
www.capitalcube.com - May 5 at 12:14 PM
capitalcube.com logoFirst Potomac Realty Trust breached its 50 day moving average in a Bullish Manner : FPO-US : May 4, 2016 (NYSE:FPO)
www.capitalcube.com - May 4 at 8:07 AM
bizjournals.com logoTime could be on First Potomac's side as it grapples with major tenant departures (NYSE:FPO)
www.bizjournals.com - April 29 at 12:01 PM
finance.yahoo.com logoEdited Transcript of FPO earnings conference call or presentation 29-Apr-16 1:00pm GMT (NYSE:FPO)
finance.yahoo.com - April 29 at 11:37 AM
biz.yahoo.com logoFIRST POTOMAC REALTY TRUST Files SEC form 10-Q, Quarterly Report (NYSE:FPO)
biz.yahoo.com - April 29 at 6:44 AM
sg.finance.yahoo.com logoFirst Potomac Realty Trust reports 1Q results (NYSE:FPO)
sg.finance.yahoo.com - April 28 at 7:03 PM

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First Potomac Realty Trust (NYSE:FPO) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff