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Corporate Office Properties Trust Stock Price, Forecast & Analysis (NYSE:OFC)

$29.31
+0.09 (+0.31 %)
(As of 11/20/2019 03:46 AM ET)
Today's Range
$29.17
Now: $29.31
$29.45
50-Day Range
$28.84
MA: $29.46
$30.13
52-Week Range
$20.03
Now: $29.31
$30.27
Volume917,844 shs
Average Volume686,921 shs
Market Capitalization$3.28 billion
P/E Ratio14.58
Dividend Yield3.76%
Beta0.84
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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 it believes are growing, durable, priority missions (“Defense/IT Locations”). Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP22002T10
Phone443-285-5400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$578.11 million
Cash Flow$1.98 per share
Book Value$14.95 per share

Profitability

Net Income$72.30 million

Miscellaneous

Employees378
Market Cap$3.28 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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Corporate Office Properties Trust (NYSE:OFC) Frequently Asked Questions

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 often does Corporate Office Properties Trust pay dividends? What is the dividend yield for Corporate Office Properties Trust?

Corporate Office Properties Trust declared a quarterly dividend on Thursday, November 7th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.275 per share on Wednesday, January 15th. This represents a $1.10 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Monday, December 30th. View Corporate Office Properties Trust's Dividend History.

How were Corporate Office Properties Trust's earnings last quarter?

Corporate Office Properties Trust (NYSE:OFC) issued its quarterly earnings data on Monday, October, 28th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.31. The real estate investment trust earned $159.43 million during the quarter, compared to the consensus estimate of $154.65 million. Corporate Office Properties Trust had a net margin of 27.11% and a return on equity of 10.07%. Corporate Office Properties Trust's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 EPS. View Corporate Office Properties Trust's Earnings History.

When is Corporate Office Properties Trust's next earnings date?

Corporate Office Properties Trust is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Corporate Office Properties Trust.

What guidance has Corporate Office Properties Trust issued on next quarter's earnings?

Corporate Office Properties Trust issued an update on its fourth quarter earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of $0.49-0.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.51.

What price target have analysts set for OFC?

8 equities research analysts have issued 1-year price targets for Corporate Office Properties Trust's stock. Their forecasts range from $23.00 to $33.00. On average, they anticipate Corporate Office Properties Trust's stock price to reach $28.38 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View Analyst Price Targets for Corporate Office Properties Trust.

What is the consensus analysts' recommendation for Corporate Office Properties Trust?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Corporate Office Properties Trust.

Has Corporate Office Properties Trust been receiving favorable news coverage?

Media stories about OFC stock have trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Corporate Office Properties Trust earned a daily sentiment score of -3.9 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Corporate Office Properties Trust.

Are investors shorting Corporate Office Properties Trust?

Corporate Office Properties Trust saw a increase in short interest in October. As of October 31st, there was short interest totalling 2,720,000 shares, an increase of 5.4% from the September 30th total of 2,580,000 shares. Based on an average trading volume of 585,900 shares, the short-interest ratio is presently 4.6 days. Currently, 2.4% of the shares of the stock are sold short. View Corporate Office Properties Trust's Current Options Chain.

Who are some of Corporate Office Properties Trust's key competitors?

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 Intel (INTC), Kimco Realty (KIM), Tanger Factory Outlet Centers (SKT), Welltower (WELL), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Starwood Property Trust (STWD), Ventas (VTR), Cisco Systems (CSCO) and Paypal (PYPL).

Who are Corporate Office Properties Trust's key executives?

Corporate Office Properties Trust's management team includes the folowing people:
  • Mr. Stephen E. Budorick, Pres, CEO & Trustee (Age 59)
  • Mr. Anthony Mifsud, Exec. VP & CFO (Age 55)
  • Paul R. Adkins, Exec. VP & COO (Age 60)
  • Mr. Gregory J. Thor, Chief Accounting Officer, Sr. VP & Controller (Age 55)
  • Ms. Stephanie M. Krewson-Kelly, VP of Investor Relations

Who are Corporate Office Properties Trust's major shareholders?

Corporate Office Properties Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.74%), Fisher Asset Management LLC (0.48%), Virginia Retirement Systems ET AL (0.44%), Rhumbline Advisers (0.25%), Peregrine Capital Management LLC (0.21%) and California Public Employees Retirement System (0.19%). Company insiders that own Corporate Office Properties Trust stock include David M Jacobstein, Greg J Thor, Lisa G Trimberger, Paul R Adkins, Philip L Hawkins, Robert L Denton, Stephen E Budorick and Steven D Kesler. View Institutional Ownership Trends for Corporate Office Properties Trust.

Which institutional investors are selling Corporate Office Properties Trust stock?

OFC stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Peregrine Capital Management LLC, State of Tennessee Treasury Department, State of Alaska Department of Revenue, First Trust Advisors LP, Great West Life Assurance Co. Can, Virginia Retirement Systems ET AL and Envestnet Asset Management Inc.. Company insiders that have sold Corporate Office Properties Trust company stock in the last year include David M Jacobstein, Greg J Thor and Robert L Denton. View Insider Buying and Selling for Corporate Office Properties Trust.

Which institutional investors are buying Corporate Office Properties Trust stock?

OFC stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, Mackay Shields LLC, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc., Chicago Equity Partners LLC, Nisa Investment Advisors LLC and 6 Meridian. Company insiders that have bought Corporate Office Properties Trust stock in the last two years include Lisa G Trimberger, Paul R Adkins, Philip L Hawkins, Stephen E Budorick and Steven D Kesler. View Insider Buying and Selling for Corporate Office Properties Trust.

How do I buy shares of Corporate Office Properties Trust?

Shares of OFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Corporate Office Properties Trust's stock price today?

One share of OFC stock can currently be purchased for approximately $29.31.

How big of a company is Corporate Office Properties Trust?

Corporate Office Properties Trust has a market capitalization of $3.28 billion and generates $578.11 million in revenue each year. The real estate investment trust earns $72.30 million in net income (profit) each year or $2.01 on an earnings per share basis. Corporate Office Properties Trust employs 378 workers across the globe.View Additional Information About Corporate Office Properties Trust.

What is Corporate Office Properties Trust's official website?

The official website for Corporate Office Properties Trust is http://www.copt.com/.

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 real estate investment trust can be reached via phone at 443-285-5400 or via email at [email protected]


MarketBeat Community Rating for Corporate Office Properties Trust (NYSE OFC)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  514 (Vote Underperform)
Total Votes:  801
MarketBeat's community ratings are surveys of what our community members think about Corporate Office Properties Trust and other stocks. Vote "Outperform" if you believe OFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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