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Europe bans Russian diesel, other oil products over Ukraine
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Biden's State of the Union to tout policy wins on economy
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships

Corporate Office Properties Trust - OFC Stock Forecast, Price & News

$27.21
-0.39 (-1.41%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$26.76
$27.37
50-Day Range
$25.28
$28.25
52-Week Range
$22.22
$29.64
Volume
1.51 million shs
Average Volume
614,869 shs
Market Capitalization
$3.06 billion
P/E Ratio
22.68
Dividend Yield
4.04%
Price Target
$27.50

Corporate Office Properties Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.1% Upside
$27.50 Price Target
Short Interest
Healthy
3.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
1.71mentions of Corporate Office Properties Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.55%
From $2.35 to $2.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Finance Sector

656th out of 854 stocks

Real Estate Investment Trusts Industry

144th out of 189 stocks

OFC stock logo

About Corporate Office Properties Trust (NYSE:OFC) Stock

Corporate Office Properties Trust, Inc. is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.

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OFC Stock News Headlines

COPT Announces Tax Treatment of 2022 Distributions
Know Your Profit Potential BEFORE You Trade!
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The 3 Best-Performing Office REITs Over The Past 4 Weeks
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
COPT Declares 100th Consecutive Common Dividend
COPT Reports 3Q 2022 Results
Corporate Office Properties Trust (NYSE: OFC)
COPT Elects Essye B. Miller to Board of Trustees
Corporate Office Properties Trust Pref (OFC_pl)
COPT Declares 99th Consecutive Common Dividend
COPT Reports 2Q 2022 Results
See More Headlines
Receive OFC Stock News and Ratings via Email

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OFC Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/17 Dividend
12/29/2022
Dividend Payable
1/17/2023
Today
2/05/2023
Next Earnings (Confirmed)
2/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Office REITs
Sector
Finance
CUSIP
22002T10
Employees
405
Year Founded
1988

Price Target and Rating

Average Stock Price Forecast
$27.50
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+1.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$76.54 million
Pretax Margin
10.49%

Debt

Sales & Book Value

Annual Sales
$664.45 million
Cash Flow
$2.04 per share
Book Value
$14.75 per share

Miscellaneous

Free Float
111,467,000
Market Cap
$3.06 billion
Optionable
Optionable
Beta
1.02

Social Links


Key Executives

  • Stephen E. BudorickStephen E. Budorick
    President, Chief Executive Officer & Trustee
  • Todd W. Hartman
    Chief Operating Officer & Executive Vice President
  • Anthony Mifsud
    Chief Financial Officer & Executive Vice President
  • Gregory J. Thor
    Chief Accounting Officer, Senior VP & Controller
  • David L. Finch
    Secretary, Vice President & General Counsel













OFC Stock - Frequently Asked Questions

Should I buy or sell Corporate Office Properties Trust stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued twelve-month price targets for Corporate Office Properties Trust's shares. Their OFC share price forecasts range from $24.00 to $29.00. On average, they expect the company's share price to reach $27.50 in the next twelve months. This suggests a possible upside of 1.1% 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 beginning of the year. Since then, OFC shares have increased by 4.9% and is now trading at $27.21.
View the best growth stocks for 2023 here
.

Are investors shorting Corporate Office Properties Trust?

Corporate Office Properties Trust saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 3,790,000 shares, an increase of 30.2% from the December 15th total of 2,910,000 shares. Based on an average trading volume of 680,400 shares, the short-interest ratio is currently 5.6 days. Currently, 3.4% of the shares of the stock are sold short.
View Corporate Office Properties Trust's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our OFC earnings forecast
.

How can I listen to Corporate Office Properties Trust's earnings call?

Corporate Office Properties Trust will be holding an earnings conference call on Friday, February 10th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Corporate Office Properties Trust (NYSE:OFC) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $0.56 by $0.04. The real estate investment trust earned $195.48 million during the quarter, compared to analysts' expectations of $168.33 million. Corporate Office Properties Trust had a trailing twelve-month return on equity of 6.24% and a net margin of 18.17%. The firm's revenue was up 26.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.56 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, November 10th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.275 per share on Tuesday, January 17th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend is Thursday, December 29th.
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 $1.10 per share and currently has a dividend yield of 4.04%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OFC will have a dividend payout ratio of 45.64% 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).

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 investors include New York State Common Retirement Fund (1.04%), Fort Washington Investment Advisors Inc. OH (0.91%), Deroy & Devereaux Private Investment Counsel Inc. (0.82%), Wedge Capital Management L L P NC (0.59%), Leeward Investments LLC MA (0.48%) and Comerica Bank (0.24%). Insiders that own company stock include C Taylor Pickett, David M Jacobstein, Greg J Thor, Lisa G Trimberger, Robert L Denton, Stephen E Budorick, Steven D Kesler and Steven D Kesler.
View institutional ownership trends
.

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 $27.21.

How much money does Corporate Office Properties Trust make?

Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $3.06 billion and generates $664.45 million in revenue each year. The real estate investment trust earns $76.54 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does Corporate Office Properties Trust have?

The company employs 405 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 2/5/2023 by MarketBeat.com Staff