First Potomac Realty Trust Company Profile (NYSE:FPO)

About First Potomac Realty Trust (NYSE:FPO)

First Potomac Realty Trust logoFirst Potomac Realty Trust (First Potomac) is engaged in ownership, management, redevelopment and development 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. The Company conducts its business through First Potomac Realty Investment Limited Partnership, its 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. As of December 31, 2016, the Company owned properties totaling 6.7 million square feet and had a non-controlling ownership interest in properties totaling an additional 0.9 million square feet through five unconsolidated joint ventures.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Commercial REITs
  • Sub-Industry: Diversified REITs
  • Symbol: NYSE:FPO
  • CUSIP: 33610F10
  • Web: www.first-potomac.com
Capitalization:
  • Market Cap: $654.95 million
  • Outstanding Shares: 58,741,000
Average Prices:
  • 50 Day Moving Avg: $11.14
  • 200 Day Moving Avg: $11.02
  • 52 Week Range: $8.01 - $11.46
P/E:
  • Trailing P/E Ratio: 16.00
  • Foreward P/E Ratio: 223.00
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $154.33 million
  • Price / Sales: 4.24
  • Book Value: $7.97 per share
  • Price / Book: 1.40
Profitability:
  • EBITDA: $83.35 million
  • Net Margins: -7.99%
  • Return on Equity: -2.35%
  • Return on Assets: -0.94%
Debt:
  • Debt-to-Equity Ratio: 1.38%
  • Current Ratio: 1.50%
  • Quick Ratio: 1.50%
Misc:
  • Average Volume: 442,134 shs.
  • Beta: 0.8
  • Short Ratio: 1.15
 

Frequently Asked Questions for First Potomac Realty Trust (NYSE:FPO)

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 declared a quarterly dividend on Thursday, April 27th. Investors of record on Monday, May 8th will be given a dividend of $0.10 per share on Monday, May 15th. This represents a $0.40 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Thursday, May 4th. View First Potomac Realty Trust's Dividend History.

How were First Potomac Realty Trust's earnings last quarter?

First Potomac Realty Trust (NYSE:FPO) announced its quarterly earnings data on Thursday, July, 27th. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.02. The business earned $35.40 million during the quarter, compared to analyst estimates of $34.94 million. First Potomac Realty Trust had a negative net margin of 7.99% and a negative return on equity of 2.35%. First Potomac Realty Trust's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. View First Potomac Realty Trust's Earnings History.

When will First Potomac Realty Trust make its next earnings announcement?

First Potomac Realty Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for First Potomac Realty Trust.

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

5 brokers have issued 12 month price objectives for First Potomac Realty Trust's stock. Their predictions range from $10.00 to $12.00. On average, they expect First Potomac Realty Trust's stock price to reach $11.03 in the next year. View Analyst Ratings for First Potomac Realty Trust.

Who are some of First Potomac Realty Trust's key competitors?

Who are First Potomac Realty Trust's key executives?

First Potomac Realty Trust's management team includes the folowing people:

  • Robert M. Milkovich, President, Chief Executive Officer, Chief Operating Officer, Trustee
  • Andrew P. Blocher, Chief Financial Officer, Executive Vice President, Treasurer
  • Samantha Sacks Gallagher, Executive Vice President, General Counsel, Secretary
  • Tricia Moore, Senior Vice President - Investments and Portfolio Management
  • Robert H. Arnold Ph.D., Independent Trustee
  • Kati M. Penney, Trustee
  • Thomas E. Robinson, Independent Trustee
  • Terry L. Stevens, Independent Trustee

Who owns First Potomac Realty Trust stock?

First Potomac Realty Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Mizuho Securities USA LLC (0.71%) and Longfellow Investment Management Co. LLC (0.56%). View Institutional Ownership Trends for First Potomac Realty Trust.

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

First Potomac Realty Trust's stock was purchased by a variety of institutional investors in the last quarter, including Mizuho Securities USA LLC and Longfellow Investment Management Co. LLC. View Insider Buying and Selling for First Potomac Realty Trust.

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.

What is First Potomac Realty Trust's stock price today?

One share of First Potomac Realty Trust stock can currently be purchased for approximately $11.15.


MarketBeat Community Rating for First Potomac Realty Trust (NYSE FPO)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about First Potomac Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Potomac Realty Trust (NYSE:FPO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $11.03 (1.08% downside)
Consensus Price Target History for First Potomac Realty Trust (NYSE:FPO)
Price Target History for First Potomac Realty Trust (NYSE:FPO)
Analysts' Ratings History for First Potomac Realty Trust (NYSE:FPO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/21/2017Stifel NicolausReiterated RatingSell$11.15LowView Rating Details
8/25/2017KeyCorpReiterated RatingBuy$12.00LowView Rating Details
6/13/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$11.00LowView Rating Details
6/12/2017Evercore ISIDowngradeIn-Line -> Underperform$11.00HighView Rating Details
12/1/2016Wells Fargo & CompanyReiterated RatingHold$10.00N/AView Rating Details
7/6/2016BMO Capital MarketsReiterated RatingHoldN/AView Rating Details
2/23/2016DA DavidsonLower Price TargetNeutral$11.75 -> $9.00N/AView Rating Details
11/2/2015Compass PointLower Price Target$14.00 -> $13.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for First Potomac Realty Trust (NYSE:FPO)
Earnings by Quarter for First Potomac Realty Trust (NYSE:FPO)
Earnings History by Quarter for First Potomac Realty Trust (NYSE FPO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
7/27/2017Q2 2017$0.21$0.23$34.94 million$35.40 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.21$0.23$37.35 million$37.80 millionViewN/AView Earnings Details
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
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$0.24$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
4/24/2014Q1 2014$0.22$0.22$39.70 million$41.41 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)
2017 EPS Consensus Estimate: $0.82
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.21$0.22$0.21
Q2 20173$0.20$0.22$0.21
Q3 20173$0.20$0.20$0.20
Q4 20173$0.19$0.20$0.19
Q1 20182$0.19$0.19$0.19
Q2 20182$0.20$0.20$0.20
Q3 20182$0.19$0.21$0.20
Q4 20182$0.20$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Potomac Realty Trust (NYSE:FPO)
Most Recent Dividend:5/15/2017
Annual Dividend:$0.40
Dividend Yield:3.59%
Dividend Growth:-9.10% (3 Year Average)
Payout Ratio:57.97% (Trailing 12 Months of Earnings)
-500.00% (Based on This Year's Estimates)
800.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Potomac Realty Trust (NYSE:FPO)

Dividend History by Quarter for First Potomac Realty Trust (NYSE FPO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017Quarterly$0.103.64%5/4/20175/8/20175/15/2017
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 and Institutional Ownership History for First Potomac Realty Trust (NYSE:FPO)
Insider Ownership Percentage: 2.10%
Institutional Ownership Percentage: 93.07%
Insider Trades by Quarter for First Potomac Realty Trust (NYSE:FPO)
Institutional Ownership by Quarter for First Potomac Realty Trust (NYSE:FPO)
Insider Trades by Quarter for First Potomac Realty Trust (NYSE:FPO)
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

Headline Trends for First Potomac Realty Trust (NYSE:FPO)
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Chart

First Potomac Realty Trust (FPO) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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