NYSE:OFC - Corporate Office Properties Trust Stock Price, News & Analysis

$28.84
+0.03 (+0.10 %)
(As of 08/21/2019 04:00 PM ET)
Today's Range
$28.71
Now: $28.84
$29.23
50-Day Range
$26.54
MA: $27.68
$29.06
52-Week Range
$20.03
Now: $28.84
$31.01
Volume925,800 shs
Average Volume727,925 shs
Market Capitalization$3.23 billion
P/E Ratio14.35
Dividend Yield3.82%
Beta0.88
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$1.9726 per share
Book Value$14.95 per share

Profitability

Net Income$72.30 million

Miscellaneous

Employees378
Market Cap$3.23 billion
Next Earnings Date10/24/2019 (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, August 8th. Stockholders of record on Monday, September 30th will be given a dividend of $0.275 per share on Tuesday, October 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Friday, September 27th. View Corporate Office Properties Trust's Dividend History.

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

Corporate Office Properties Trust (NYSE:OFC) released its quarterly earnings results on Monday, July, 29th. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.44. The real estate investment trust earned $175.07 million during the quarter, compared to analysts' expectations of $151.18 million. Corporate Office Properties Trust had a return on equity of 10.04% and a net margin of 27.67%. The business's revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 earnings per share. 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, October 24th 2019. 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 updated its FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of $2.01-2.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.03.

What price target have analysts set for OFC?

8 brokers 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 $27.6667 in the next year. This suggests that the stock has a possible downside of 4.1%. 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, 4 hold ratings and 3 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?

Press coverage about OFC stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corporate Office Properties Trust earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Corporate Office Properties Trust.

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

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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.60%), BlackRock Inc. (11.39%), Invesco Ltd. (4.16%), Earnest Partners LLC (3.00%), Renaissance Technologies LLC (1.70%) and Northern Trust Corp (1.68%). Company insiders that own Corporate Office Properties Trust stock include David M Jacobstein, 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 AMP Capital Investors Ltd, Invesco Ltd., Cramer Rosenthal Mcglynn LLC, D. E. Shaw & Co. Inc., Balyasny Asset Management LLC, Nuveen Asset Management LLC, Peregrine Capital Management LLC and Virginia Retirement Systems ET AL. 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 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 Earnest Partners LLC, Renaissance Technologies LLC, Citadel Advisors LLC, Morgan Stanley, Vanguard Group Inc., BlackRock Inc., Cubist Systematic Strategies LLC and Wells Fargo & Company MN. 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, Scottrade, 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 $28.84.

How big of a company is Corporate Office Properties Trust?

Corporate Office Properties Trust has a market capitalization of $3.23 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:  270 (Vote Outperform)
Underperform Votes:  495 (Vote Underperform)
Total Votes:  765
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 8/21/2019 by MarketBeat.com Staff

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