NYSE:OFC Corporate Office Properties Trust (OFC) Stock Forecast, Price & News $24.94 +0.39 (+1.59%) (As of 09/14/2023) Add Compare Share Share Today's Range$24.74▼$25.0250-Day Range$24.41▼$26.7452-Week Range$21.59▼$28.69Volume542,700 shsAverage Volume733,029 shsMarket Capitalization$2.81 billionP/E Ratio14.76Dividend Yield4.57%Price Target$29.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Corporate Office Properties Trust MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside16.3% Upside$29.00 Price TargetShort InterestHealthy2.90% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.79Upright™ Environmental ScoreNews Sentiment1.17Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.73%From $2.41 to $2.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.48 out of 5 starsReal Estate Sector2nd out of 6 stocksREIT—Office Industry1st out of 1 stocks 2.2 Analyst's Opinion Consensus RatingCorporate Office Properties Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.00, Corporate Office Properties Trust has a forecasted upside of 16.3% from its current price of $24.94.Amount of Analyst CoverageCorporate Office Properties Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.90% of the float of Corporate Office Properties Trust has been sold short.Short Interest Ratio / Days to CoverCorporate Office Properties Trust has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Corporate Office Properties Trust has recently decreased by 10.96%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCorporate Office Properties Trust is a leading dividend payer. It pays a dividend yield of 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCorporate Office Properties Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Corporate Office Properties Trust is 67.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Corporate Office Properties Trust will have a dividend payout ratio of 45.60% next year. This indicates that Corporate Office Properties Trust will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCorporate Office Properties Trust has received a -6.14% net impact score from Upright. Corporate Office Properties uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in office buildings" and "Real estate development services of offices" products. See details.Environmental SustainabilityThe Environmental Impact score for Corporate Office Properties Trust is -2.79. Previous Next 2.9 News and Social Media Coverage News SentimentCorporate Office Properties Trust has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Corporate Office Properties Trust this week, compared to 2 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corporate Office Properties Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.87% of the stock of Corporate Office Properties Trust is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Corporate Office Properties Trust are expected to grow by 3.73% in the coming year, from $2.41 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corporate Office Properties Trust is 14.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Corporate Office Properties Trust is 14.76, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 139.00.Price to Earnings Growth RatioCorporate Office Properties Trust has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCorporate Office Properties Trust has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Corporate Office Properties Trust (NYSE:OFC) StockCOPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (IT) related activities servicing what the Company believes are growing, durable, priority missions (Defense/IT Locations). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.Read More OFC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OFC Stock News HeadlinesOctober 3, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Corporate Office Properties Trust (NYSE:OFC)October 2, 2023 | americanbankingnews.comCritical Survey: BTB Real Estate Investment Trust (OTCMKTS:BTBIF) versus Corporate Office Properties Trust (NYSE:OFC)October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 29, 2023 | americanbankingnews.comHead to Head Contrast: Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) vs. Corporate Office Properties Trust (NYSE:OFC)September 26, 2023 | americanbankingnews.comCorporate Office Properties Trust (NYSE:OFC) Coverage Initiated by Analysts at StockNews.comSeptember 26, 2023 | americanbankingnews.comFinancial Analysis: Corporate Office Properties Trust (NYSE:OFC) vs. BTB Real Estate Investment Trust (OTCMKTS:BTBIF)September 19, 2023 | finance.yahoo.comWhy Corporate Office Properties (CDP) is a Great Dividend Stock Right NowSeptember 8, 2023 | finance.yahoo.comCOPT to Present at the BofA Securities 2023 Global Real Estate ConferenceOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 8, 2023 | msn.comCorporate Office Properties Trust prices $300M exchangeable notesSeptember 7, 2023 | finance.yahoo.comCorporate Office Properties Trust Announces Pricing of $300 Million of Exchangeable Senior NotesSeptember 6, 2023 | finance.yahoo.comCorporate Office Properties Trust Announces Proposed Private Placement of $300 Million of Exchangeable Senior NotesSeptember 5, 2023 | markets.businessinsider.comTruist Securities Maintains Hold Rating for Corporate Office Props Tr: Here's What You Need To KnowSeptember 5, 2023 | finance.yahoo.comColumbia's Corporate Office Properties Trust to rebrand with new name, ticker symbolSeptember 5, 2023 | finance.yahoo.comCorporate Office Properties Trust Rebrands to COPT Defense PropertiesSeptember 4, 2023 | finance.yahoo.comWhy Corporate Office Properties (OFC) is a Top Dividend Stock for Your PortfolioAugust 30, 2023 | markets.businessinsider.comWells Fargo Maintains Overweight Rating for Corporate Office Props Tr: Here's What You Need To KnowAugust 17, 2023 | msn.comEvercore ISI Group Maintains Corporate Office Properties Trust (OFC) In-Line RecommendationAugust 11, 2023 | finance.yahoo.comCOPT Declares Third Quarter 2023 Common DividendAugust 1, 2023 | seekingalpha.comCorporate Office Properties: Further Room To Rise Following Strong Monthly GainsJuly 29, 2023 | finance.yahoo.comQ2 2023 Corporate Office Properties Trust Earnings CallJuly 28, 2023 | seekingalpha.comCorporate Office Properties Trust 2023 Q2 - Results - Earnings Call PresentationJuly 28, 2023 | finance.yahoo.comCOPT Reports Second Quarter 2023 ResultsJuly 28, 2023 | finance.yahoo.comCorporate Office Properties (OFC) Tops Q2 FFO EstimatesJuly 6, 2023 | finance.yahoo.comCOPT Provides Conference Call Details to Discuss 2Q 2023 ResultsJune 13, 2023 | msn.comWells Fargo Maintains Corporate Office Properties Trust (OFC) Overweight RecommendationJune 7, 2023 | thestreet.comCorporate Office Stock To Go Ex-dividend Tomorrow (OFC)See More Headlines Receive OFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corporate Office Properties Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address OFC Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings7/28/2023Ex-Dividend for 10/16 Dividend9/28/2023Today10/03/2023Dividend Payable10/16/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry REIT—Office Sub-IndustryOffice REITs SectorReal Estate Current SymbolNYSE:OFC CUSIP22002T10 CIK860546 Webwww.copt.com Phone(443) 285-5400Fax443-285-7650Employees395Year Founded1988Price Target and Rating Average Stock Price Forecast$29.00 High Stock Price Forecast$31.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+16.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.69 Trailing P/E Ratio14.76 Forward P/E Ratio10.35 P/E Growth0.94Net Income$173.03 million Net Margins27.43% Pretax Margin28.29% Return on Equity10.93% Return on Assets4.49% Debt Debt-to-Equity Ratio1.22 Current Ratio2.10 Quick Ratio2.10 Sales & Book Value Annual Sales$739.03 million Price / Sales3.80 Cash Flow$2.60 per share Price / Cash Flow9.61 Book Value$15.31 per share Price / Book1.63Miscellaneous Outstanding Shares112,540,000Free Float111,556,000Market Cap$2.81 billion OptionableOptionable Beta1.03 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Stephen E. Budorick (Age 63)Pres, CEO & Trustee Comp: $1.96MMr. Anthony Mifsud (Age 59)Exec. VP & CFO Comp: $1.08MMr. Matthew T. Myers (Age 39)Sr. VP, Chief Accounting Officer & Controller Mr. Venkat Kommineni C.F.A.VP of Investor RelationsMr. David L. FinchVP, Gen. Counsel & Sec.Ms. Sarah Blackwell RowlandDirector of HRMr. Dean A. LopezSr. VP of Devel. & ConstructionMr. Frank W. ZieglerSr. VP of New Bus. & Devel. Gov. ServicesMr. William S. BarrollManaging SVP of Asset Management & Chief Bus. OfficerMr. George RuoManaging SVP of Operations & Gov. ServicesMore ExecutivesKey CompetitorsIndependence Realty TrustNYSE:IRTLadder CapitalNYSE:LADRNecessity Retail REITNASDAQ:RTLKKR Real Estate Finance TrustNYSE:KREFNexPoint Residential TrustNYSE:NXRTView All CompetitorsInsiders & InstitutionsVirginia Retirement Systems ET ALBought 205,440 shares on 8/22/2023Ownership: 0.183%California State Teachers Retirement SystemSold 4,141 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 1,853 shares on 8/21/2023Ownership: 0.069%Nuveen Asset Management LLCSold 99,930 shares on 8/16/2023Ownership: 0.533%Public Employees Retirement System of OhioSold 914 shares on 8/15/2023Ownership: 0.268%View All Insider TransactionsView All Institutional Transactions OFC Stock - Frequently Asked Questions Should I buy or sell Corporate Office Properties Trust stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OFC, but not buy additional shares or sell existing shares. View OFC analyst ratings or view top-rated stocks. What is Corporate Office Properties Trust's stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Corporate Office Properties Trust's stock. Their OFC share price forecasts range from $28.00 to $31.00. On average, they expect the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts price targets for OFC or view top-rated stocks among Wall Street analysts. How have OFC shares performed in 2023? Corporate Office Properties Trust's stock was trading at $25.94 at the start of the year. Since then, OFC shares have decreased by 3.9% and is now trading at $24.94. View the best growth stocks for 2023 here. When is Corporate Office Properties Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our OFC earnings forecast. How were Corporate Office Properties Trust's earnings last quarter? Corporate Office Properties Trust (NYSE:OFC) announced its quarterly earnings results on Friday, July, 28th. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.59 by $0.32. The real estate investment trust had revenue of $169.20 million for the quarter, compared to analyst estimates of $150.38 million. Corporate Office Properties Trust had a net margin of 27.43% and a trailing twelve-month return on equity of 10.93%. The company's revenue was down 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.59 earnings per share. How often does Corporate Office Properties Trust pay dividends? What is the dividend yield for Corporate Office Properties Trust? Corporate Office Properties Trust announced a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 29th will be paid a dividend of $0.285 per share on Monday, October 16th. This represents a $1.14 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date is Thursday, September 28th. Read our dividend analysis for OFC. What ETFs hold Corporate Office Properties Trust's stock? ETFs with the largest weight of Corporate Office Properties Trust (NYSE:OFC) stock in their portfolio include Invesco S&P MidCap Low Volatility ETF (XMLV), Cambria Global Real Estate ETF (BLDG), U.S. Diversified Real Estate ETF (PPTY), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), WisdomTree New Economy Real Estate Fund (WTRE), AGF U.S. Market Neutral Anti-Beta Fund (BTAL), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and iShares ESG Aware MSCI USA Small-Cap ETF (ESML). Is Corporate Office Properties Trust a good dividend stock? Corporate Office Properties Trust (NYSE:OFC) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.57%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 67.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OFC will have a dividend payout ratio of 45.60% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OFC. What guidance has Corporate Office Properties Trust issued on next quarter's earnings? Corporate Office Properties Trust updated its FY23 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.38-$2.42 for the period, compared to the consensus earnings per share estimate of $2.39. What is Stephen E. Budorick's approval rating as Corporate Office Properties Trust's CEO? 8 employees have rated Corporate Office Properties Trust Chief Executive Officer Stephen E. Budorick on Glassdoor.com. Stephen E. Budorick has an approval rating of 49% among the company's employees. This puts Stephen E. Budorick in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Corporate Office Properties Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Corporate Office Properties Trust investors own include Ventas (VTR), AT&T (T), Physicians Realty Trust (DOC), Enterprise Products Partners (EPD), Iron Mountain (IRM), Kimco Realty (KIM), Realty Income (O), American Tower (AMT), LTC Properties (LTC) and Verizon Communications (VZ). What is Corporate Office Properties Trust's stock symbol? Corporate Office Properties Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "OFC." How do I buy shares of Corporate Office Properties Trust? Shares of OFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Corporate Office Properties Trust's stock price today? One share of OFC stock can currently be purchased for approximately $24.94. How much money does Corporate Office Properties Trust make? Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $2.81 billion and generates $739.03 million in revenue each year. The real estate investment trust earns $173.03 million in net income (profit) each year or $1.69 on an earnings per share basis. How many employees does Corporate Office Properties Trust have? The company employs 395 workers across the globe. How can I contact Corporate Office Properties Trust? Corporate Office Properties Trust's mailing address is 6711 COLUMBIA GATEWAY DRIVE SUITE 300, COLUMBIA MD, 21046. The official website for the company is www.copt.com. The real estate investment trust can be reached via phone at (443) 285-5400, via email at ir@copt.com, or via fax at 443-285-7650. This page (NYSE:OFC) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Corporate Office Properties Trust Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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