QQQ   439.07 (+0.87%)
AAPL   180.74 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.97 (+1.44%)
GOOGL   138.49 (+1.55%)
AMZN   176.89 (+2.15%)
TSLA   201.88 (-0.08%)
NVDA   791.71 (+1.94%)
NIO   5.75 (+5.89%)
AMD   192.81 (+9.22%)
BABA   74.03 (-0.75%)
T   16.93 (-0.18%)
F   12.44 (+1.14%)
MU   90.60 (+0.99%)
CGC   3.30 (-1.79%)
GE   156.89 (+0.82%)
DIS   111.58 (+0.70%)
AMC   4.32 (-13.43%)
PFE   26.56 (-1.78%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
QQQ   439.07 (+0.87%)
AAPL   180.74 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.97 (+1.44%)
GOOGL   138.49 (+1.55%)
AMZN   176.89 (+2.15%)
TSLA   201.88 (-0.08%)
NVDA   791.71 (+1.94%)
NIO   5.75 (+5.89%)
AMD   192.81 (+9.22%)
BABA   74.03 (-0.75%)
T   16.93 (-0.18%)
F   12.44 (+1.14%)
MU   90.60 (+0.99%)
CGC   3.30 (-1.79%)
GE   156.89 (+0.82%)
DIS   111.58 (+0.70%)
AMC   4.32 (-13.43%)
PFE   26.56 (-1.78%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
QQQ   439.07 (+0.87%)
AAPL   180.74 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.97 (+1.44%)
GOOGL   138.49 (+1.55%)
AMZN   176.89 (+2.15%)
TSLA   201.88 (-0.08%)
NVDA   791.71 (+1.94%)
NIO   5.75 (+5.89%)
AMD   192.81 (+9.22%)
BABA   74.03 (-0.75%)
T   16.93 (-0.18%)
F   12.44 (+1.14%)
MU   90.60 (+0.99%)
CGC   3.30 (-1.79%)
GE   156.89 (+0.82%)
DIS   111.58 (+0.70%)
AMC   4.32 (-13.43%)
PFE   26.56 (-1.78%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
QQQ   439.07 (+0.87%)
AAPL   180.74 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.97 (+1.44%)
GOOGL   138.49 (+1.55%)
AMZN   176.89 (+2.15%)
TSLA   201.88 (-0.08%)
NVDA   791.71 (+1.94%)
NIO   5.75 (+5.89%)
AMD   192.81 (+9.22%)
BABA   74.03 (-0.75%)
T   16.93 (-0.18%)
F   12.44 (+1.14%)
MU   90.60 (+0.99%)
CGC   3.30 (-1.79%)
GE   156.89 (+0.82%)
DIS   111.58 (+0.70%)
AMC   4.32 (-13.43%)
PFE   26.56 (-1.78%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
NYSE:OFC

Corporate Office Properties Trust (OFC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$24.41
$26.74
52-Week Range
N/A
Volume
542,700 shs
Average Volume
733,029 shs
Market Capitalization
$2.81 billion
P/E Ratio
14.76
Dividend Yield
4.57%
Price Target
$29.00

Corporate Office Properties Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
∞ Upside
$29.00 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$231,188 Sold Last Quarter
Proj. Earnings Growth
3.73%
From $2.41 to $2.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.93 out of 5 stars

Real Estate Sector

1st out of 3 stocks

REIT—Office Industry

1st out of 1 stocks


OFC stock logo

About Corporate Office Properties Trust Stock (NYSE:OFC)

COPT 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.


OFC Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
COPT Defense (CDP) Q4 FFO and Revenues Beat Estimates
COPT Defense Establishes 2024 Guidance
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CRE Property Management Firms in the Austin area
BTIG Reaffirms Their Buy Rating on COPT Defense Properties (CDP)
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.

Company Calendar

Last Earnings
7/28/2023
Today
2/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT—Office
Sub-Industry
Office REITs
CUSIP
22002T10
Employees
395
Year Founded
1988

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$31.00
Low Stock Price Target
$28.00
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$173.03 million
Pretax Margin
28.29%

Debt

Sales & Book Value

Annual Sales
$739.03 million
Book Value
$15.31 per share

Miscellaneous

Free Float
111,556,000
Market Cap
$2.81 billion
Optionable
Optionable
Beta
1.03

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need 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 Executives

  • Mr. Stephen E. BudorickMr. Stephen E. Budorick (Age 63)
    Pres, CEO & Trustee
    Comp: $1.96M
  • Mr. Anthony Mifsud (Age 59)
    Exec. VP & CFO
    Comp: $1.08M
  • Mr. Matthew T. Myers (Age 39)
    Sr. VP, Chief Accounting Officer & Controller
  • Mr. Venkat Kommineni C.F.A.
    VP of Investor Relations
  • Mr. David L. Finch
    VP, Gen. Counsel & Sec.
  • Ms. Sarah Blackwell Rowland
    Director of HR
  • Mr. Dean A. Lopez
    Sr. VP of Devel. & Construction
  • Mr. Frank W. Ziegler
    Sr. VP of New Bus. & Devel. Gov. Services
  • Mr. William S. Barroll
    Managing SVP of Asset Management & Chief Bus. Officer
  • Mr. George Ruo
    Managing SVP of Operations & Gov. Services














OFC Stock Analysis - 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 target for 2024?

3 brokers have issued 1 year price targets for Corporate Office Properties Trust's shares. Their OFC share price targets range from $28.00 to $31.00. On average, they expect the company's stock price to reach $29.00 in the next twelve months.
View analysts price targets for OFC
or view top-rated stocks among Wall Street analysts.

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 earnings per share 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 analysts' expectations 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 business's revenue was down 8.9% on a year-over-year basis. During the same quarter in the prior year, the business 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. Shareholders of record on Friday, September 29th will be given 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 ∞. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for OFC
.

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 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).

Who are Corporate Office Properties Trust's major shareholders?

Corporate Office Properties Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Citadel Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include C Taylor Pickett, David M Jacobstein, Greg J Thor, Lisa G Trimberger, Robert L Denton and Steven D Kesler.
View institutional ownership trends
.

This page (NYSE:OFC) was last updated on 2/29/2024 by MarketBeat.com Staff