NYSE:OFC Corporate Office Properties Trust Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $23.52 -0.46 (-1.92 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$23.46Now: $23.52▼$24.0650-Day Range$23.08MA: $25.22▼$27.4952-Week Range$15.23Now: $23.52▼$30.57Volume1.78 million shsAverage Volume770,330 shsMarket Capitalization$2.64 billionP/E Ratio23.76Dividend Yield4.59%Beta0.93 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of March 31, 2019, the Company derived 89% of its core portfolio annualized revenue from Defense/IT Locations and 11% from its Regional Office Properties. As of the same date and including six buildings owned through an unconsolidated joint venture, COPT's core portfolio of 163 office and data center shell properties encompassed 18.2 million square feet and was 93.7% leased; the Company also owned one wholesale data center with a critical load of 19.25 megawatts.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingCorporate Office Properties Trust has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 6 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.33, Corporate Office Properties Trust has a forecasted upside of 20.5% from its current price of $23.52.Amount of Analyst CoverageCorporate Office Properties Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesCorporate Office Properties Trust has received 328 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCorporate Office Properties Trust has received 558 “underperform” votes. (Add your “underperform” vote.)Community SentimentCorporate Office Properties Trust has received 62.98% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCorporate Office Properties Trust is a leading dividend payer. It pays a dividend yield of 4.59%, 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 54.19%. 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 50.46% next year. This indicates that Corporate Office Properties Trust will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corporate Office Properties Trust insiders have bought 169.17% more of their company's stock than they have sold. Specifically, they have bought $232,000.00 in company stock and sold $86,190.00 in company stock.Percentage Held by InsidersOnly 0.60% of the stock of Corporate Office Properties Trust is held by insiders.Percentage Held by Institutions98.24% of the stock of Corporate Office Properties Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Corporate Office Properties Trust are expected to grow by 4.81% in the coming year, from $2.08 to $2.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corporate Office Properties Trust is 23.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Corporate Office Properties Trust is 23.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.39.Price to Earnings Growth RatioCorporate Office Properties Trust has a PEG Ratio of 2.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCorporate Office Properties Trust has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.41 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:OFC Previous Symbol CUSIP22002T10 CIK860546 Webwww.copt.com Phone443-285-5400Debt Debt-to-Equity Ratio1.23 Current Ratio1.29 Quick Ratio1.29Price-To-Earnings Trailing P/E Ratio23.76 Forward P/E Ratio11.31 P/E Growth2.28 Sales & Book Value Annual Sales$641.23 million Price / Sales4.11 Cash Flow$3.02 per share Price / Cash Flow7.80 Book Value$15.34 per share Price / Book1.53Profitability EPS (Most Recent Fiscal Year)$2.03 Net Income$191.69 million Net Margins18.34% Return on Equity6.62% Return on Assets2.83%Miscellaneous Employees378 Outstanding Shares112,183,000Market Cap$2.64 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $23.52 -0.46 (-1.92 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OFC News and Ratings via Email Sign-up to receive the latest news and ratings for OFC and its competitors with MarketBeat's FREE daily newsletter. Corporate Office Properties Trust (NYSE:OFC) Frequently Asked Questions How has Corporate Office Properties Trust's stock price been impacted by COVID-19? Corporate Office Properties Trust's stock was trading at $24.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OFC stock has decreased by 2.3% and is now trading at $23.52. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Corporate Office Properties Trust? 13 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, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Corporate Office Properties Trust. When is Corporate Office Properties Trust's next earnings date? Corporate Office Properties Trust is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Corporate Office Properties Trust. How were Corporate Office Properties Trust's earnings last quarter? Corporate Office Properties Trust (NYSE:OFC) posted its earnings results on Thursday, July, 30th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.29. The real estate investment trust had revenue of $144.77 million for the quarter, compared to analysts' expectations of $146.18 million. Corporate Office Properties Trust had a net margin of 18.34% and a return on equity of 6.62%. View Corporate Office Properties Trust's earnings history. 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 Monday, August 17th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.275 per share on Thursday, October 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date is Tuesday, September 29th. View Corporate Office Properties Trust's dividend history. What guidance has Corporate Office Properties Trust issued on next quarter's earnings? Corporate Office Properties Trust updated its fourth quarter earnings guidance on Friday, September, 11th. The company provided EPS guidance of $0.52-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.53. What price target have analysts set for OFC? 13 analysts have issued 12-month price targets for Corporate Office Properties Trust's shares. Their forecasts range from $23.00 to $34.00. On average, they expect Corporate Office Properties Trust's share price to reach $28.33 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for Corporate Office Properties Trust. Who are some of Corporate Office Properties Trust's key competitors? Some companies that are related to Corporate Office Properties Trust include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), CoreSite Realty (COR), Douglas Emmett (DEI), Highwoods Properties (HIW), Equity Commonwealth (EQC), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). View all 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 Ventas (VTR), Physicians Realty Trust (DOC), Enterprise Products Partners (EPD), Iron Mountain (IRM), Kimco Realty (KIM), Realty Income (O), AT&T (T), American Tower (AMT), LTC Properties (LTC) and AvalonBay Communities (AVB). Who are Corporate Office Properties Trust's key executives? Corporate Office Properties Trust's management team includes the following 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 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." Who are Corporate Office Properties Trust's major shareholders? Corporate Office Properties Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.34%), FMR LLC (8.63%), Frontier Capital Management Co. LLC (2.77%), AJO LP (1.62%), Bank of New York Mellon Corp (1.49%) and Charles Schwab Investment Management Inc. (1.26%). Company insiders that own Corporate Office Properties Trust stock include C Taylor Pickett, David M Jacobstein, Greg J Thor, 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 FMR LLC, Aew Capital Management L P, Charles Schwab Investment Management Inc., Vanguard Group Inc., Nuveen Asset Management LLC, Sei Investments Co., WINTON GROUP Ltd, and Frontier Capital Management Co. LLC. Company insiders that have sold Corporate Office Properties Trust company stock in the last year include David M Jacobstein, and Robert L Denton. View insider buying and selling activity 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 Lasalle Investment Management Securities LLC, Sumitomo Mitsui Trust Holdings Inc., Wedge Capital Management L L P NC, Prudential Financial Inc., State of Tennessee Treasury Department, Comerica Bank, Granite Investment Partners LLC, and Fort Washington Investment Advisors Inc. OH. Company insiders that have bought Corporate Office Properties Trust stock in the last two years include C Taylor Pickett, Philip L Hawkins, Stephen E Budorick, and Steven D Kesler. View insider buying and selling activity 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 $23.52. How big of a company is Corporate Office Properties Trust? Corporate Office Properties Trust has a market capitalization of $2.64 billion and generates $641.23 million in revenue each year. The real estate investment trust earns $191.69 million in net income (profit) each year or $2.03 on an earnings per share basis. Corporate Office Properties Trust employs 378 workers across the globe. What is Corporate Office Properties Trust's official website? The official website for Corporate Office Properties Trust is 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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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