S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61

Corporate Office Properties Trust Stock Forecast, Price & News

$27.92
+0.61 (+2.23%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$27.28
$27.98
50-Day Range
$25.14
$28.43
52-Week Range
$24.64
$30.51
Volume
663,769 shs
Average Volume
829,768 shs
Market Capitalization
$3.14 billion
P/E Ratio
21.64
Dividend Yield
4.03%
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
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Corporate Office Properties Trust logo

About Corporate Office Properties Trust

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 in 1988 and is headquartered in Columbia, MD.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Office REITs
Sector
Finance
CUSIP
22002T10
Employees
2,018
Year Founded
1988

Sales & Book Value

Annual Sales
$609.36 million
Cash Flow
$2.98 per share
Book Value
$14.88 per share

Profitability

Net Income
$97.37 million
Pretax Margin
22.46%

Debt

Price-To-Earnings

Miscellaneous

Free Float
111,595,000
Market Cap
$3.14 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Dividend Payable
10/15/2021
Last Earnings
10/28/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/03/2022

Social Links


MarketRank

Overall MarketRank

2.18 out of 5 stars

Finance Sector

541st out of 1,342 stocks

Real Estate Investment Trusts Industry

120th out of 223 stocks

Analyst Opinion: 2.5Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












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

Is Corporate Office Properties Trust a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Corporate Office Properties Trust stock.
View analyst ratings for Corporate Office Properties Trust
or view top-rated stocks.

How has Corporate Office Properties Trust's stock price been impacted by COVID-19 (Coronavirus)?

Corporate Office Properties Trust's stock was trading at $24.07 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OFC shares have increased by 16.0% and is now trading at $27.92.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Corporate Office Properties Trust?

Corporate Office Properties Trust saw a drop in short interest in the month of October. As of October 29th, there was short interest totaling 1,710,000 shares, a drop of 18.2% from the October 14th total of 2,090,000 shares. Based on an average daily trading volume, of 572,400 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.5% of the company's stock are sold short.
View Corporate Office Properties Trust's Short Interest
.

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

Corporate Office Properties Trust is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
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) announced its earnings results on Thursday, October, 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.32. The real estate investment trust earned $174.64 million during the quarter, compared to analyst estimates of $161.22 million. Corporate Office Properties Trust had a net margin of 21.74% and a trailing twelve-month return on equity of 8.80%. The business's quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 EPS.
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 announced a quarterly dividend on Thursday, November 18th. Investors of record on Monday, January 3rd will be given a dividend of $0.275 per share on Tuesday, January 18th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Friday, December 31st.
View Corporate Office Properties Trust's dividend history
.

Is Corporate Office Properties Trust a good dividend stock?

Corporate Office Properties Trust pays an annual dividend of $1.10 per share and currently has a dividend yield of 4.03%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Corporate Office Properties Trust is 85.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Corporate Office Properties Trust will have a dividend payout ratio of 47.01% next year. This indicates that Corporate Office Properties Trust will be able to sustain or increase its dividend.
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 FY 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share guidance of $2.260-$2.280 for the period. The company issued revenue guidance of -.

What price target have analysts set for OFC?

6 Wall Street analysts have issued 12-month price targets for Corporate Office Properties Trust's shares. Their forecasts range from $30.00 to $32.00. On average, they expect Corporate Office Properties Trust's stock price to reach $30.75 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for Corporate Office Properties Trust
or view top-rated stocks among Wall Street analysts.

Who are Corporate Office Properties Trust's key executives?

Corporate Office Properties Trust's management team includes the following people:
  • Stephen 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

What is Stephen E. Budorick's approval rating as Corporate Office Properties Trust's CEO?

8 employees have rated Corporate Office Properties Trust CEO Stephen E. Budorick on Glassdoor.com. Stephen E. Budorick has an approval rating of 49% among Corporate Office Properties Trust'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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.30%), Barrow Hanley Mewhinney & Strauss LLC (4.35%), Victory Capital Management Inc. (3.75%), Geode Capital Management LLC (1.91%), Janus Henderson Group PLC (1.90%) and Dimensional Fund Advisors LP (1.84%). Company insiders that own Corporate Office Properties Trust stock include C Taylor Pickett, David M Jacobstein, Greg J Thor, Lisa G Trimberger, 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 Cramer Rosenthal Mcglynn LLC, Sumitomo Mitsui Trust Holdings Inc., Geode Capital Management LLC, Millennium Management LLC, Cubist Systematic Strategies LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, and Morgan Stanley. Company insiders that have sold Corporate Office Properties Trust company stock in the last year include David M Jacobstein, Greg J Thor, Lisa G Trimberger, Robert L Denton, and Steven D Kesler.
View insider buying and selling activity for Corporate Office Properties Trust
or view top insider-selling stocks.

Which institutional investors are buying Corporate Office Properties Trust stock?

OFC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Russell Investments Group Ltd., Nordea Investment Management AB, New York State Common Retirement Fund, Raymond James & Associates, UBS Group AG, Cbre Investment Management Listed Real Assets LLC, and SG Americas Securities LLC. Company insiders that have bought Corporate Office Properties Trust stock in the last two years include C Taylor Pickett, Stephen E Budorick, and Steven D Kesler.
View insider buying and selling activity for Corporate Office Properties Trust
or or view top insider-buying stocks.

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 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 $27.92.

How much money does Corporate Office Properties Trust make?

Corporate Office Properties Trust has a market capitalization of $3.14 billion and generates $609.36 million in revenue each year. The real estate investment trust earns $97.37 million in net income (profit) each year or $1.29 on an earnings per share basis.

How many employees does Corporate Office Properties Trust have?

Corporate Office Properties Trust employs 2,018 workers across the globe.

When was Corporate Office Properties Trust founded?

Corporate Office Properties Trust was founded in 1988.

What is Corporate Office Properties Trust's official website?

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

Where are Corporate Office Properties Trust's headquarters?

Corporate Office Properties Trust is headquartered at 6711 COLUMBIA GATEWAY DRIVE SUITE 300, COLUMBIA MD, 21046.

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, via email at [email protected], or via fax at 443-285-7650.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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