Corporate Office Properties Trust Company Profile (NYSE:OFC)

Corporate Office Properties Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "OFC."

Corporate Office Properties Trust announced a quarterly dividend on Friday, August 11th. Stockholders of record on Saturday, September 30th will be paid a dividend of $0.275 per share on Monday, October 16th. This represents a $1.10 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Thursday, September 28th. View Corporate Office Properties Trust's Dividend History.

Corporate Office Properties Trust (NYSE:OFC) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.01. The company earned $151.44 million during the quarter, compared to analyst estimates of $138.04 million. Corporate Office Properties Trust had a return on equity of 6.55% and a net margin of 15.86%. Corporate Office Properties Trust's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 EPS. View Corporate Office Properties Trust's Earnings History.

Corporate Office Properties Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Corporate Office Properties Trust.

Corporate Office Properties Trust updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.02-2.06 for the period, compared to the Thomson Reuters consensus estimate of $2.04. Corporate Office Properties Trust also updated its Q3 guidance to $0.51-0.53 EPS.

9 brokerages have issued 1 year price targets for Corporate Office Properties Trust's stock. Their forecasts range from $29.00 to $38.00. On average, they anticipate Corporate Office Properties Trust's share price to reach $33.33 in the next year. View Analyst Ratings for Corporate Office Properties Trust.

Here are some recent quotes from research analysts about Corporate Office Properties Trust stock:

• 1. According to Zacks Investment Research, "Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust that focuses principally on the ownership, management, leasing, acquisition and development of suburban office buildings located in select submarkets in the Mid-Atlantic region of the United States. Corporate Office Properties operates three real estate service companies: Corporate Development Services, Corporate Office Services and Corporate Management Services. " (9/7/2017)
• 2. Jefferies Group LLC analysts commented, "OFC has been one of the top Trump trades among REITs given the company's focus on the defense industry. That said, with the stock having run 28% since the election, and now trading at an FFO multiple that is 25% above its 5- year average, we believe the potential for fundamental improvement is already priced in. At these levels, we prefer to wait on the sidelines until Congress approves a budget and we have a better sense of the upside." (2/21/2017)
• 3. Mizuho analysts commented, "OFC reported solid 4Q16 results with same store NOI growth of 4.2% possibly restoring any lost confidence from investors after the 1% growth during 3Q16 -- although both were in line with prevailing expectations. Management reiterated 2017 guidance that was set on January 17, 2017. We are actually raising our 2017 estimates slightly today (by $0.02) given what we feel like is more visible stability/growth that lies ahead. In particular, OFC sits at a rare intersection of political agreement, with US defense spending increases being in general agreement from both sides of the aisle." (2/13/2017)

Some companies that are related to Corporate Office Properties Trust include Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Gramercy Property Trust (GPT), Paramount Group (PGRE), Paramount Group (PGRE), Equity Commonwealth (EQC), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM), Mack-Cali Realty Corporation (CLI), Parkway Properties (PKY), TIER REIT (TIER), NorthStar Realty Europe Corp. (NRE), City Office REIT (CIO) and Franklin Street Properties Corp. (FSP).

Corporate Office Properties Trust's management team includes the folowing people:

• Thomas F. Brady CPA, Independent Chairman of the Board of Trustees
• Stephen E. Budorick, President, Chief Executive Officer, Trustee
• Paul R. Adkins, Chief Operating Officer, Executive Vice President
• Anthony Mifsud, Chief Financial Officer, Executive Vice President
• Robert L. Denton, Independent Trustee
• Philip L. Hawkins, Independent Trustee
• Elizabeth Ann Hight, Independent Trustee
• David M. Jacobstein J.D., Independent Trustee
• Steven D. Kesler, Independent Trustee

Corporate Office Properties Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.57%), BlackRock Inc. (10.70%), FMR LLC (7.02%), State Street Corp (4.43%), JPMorgan Chase & Co. (3.72%) and Wells Fargo & Company MN (2.27%). Company insiders that own Corporate Office Properties Trust stock include David M Jacobstein, Greg J Thor, Karen M Singer, Robert L Denton and Steven D Kesler. View Institutional Ownership Trends for Corporate Office Properties Trust.

Corporate Office Properties Trust's stock was sold by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, Principal Financial Group Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Cramer Rosenthal Mcglynn LLC, Sumitomo Mitsui Asset Management Company LTD, Neuberger Berman Group LLC and JPMorgan Chase & Co.. Company insiders that have sold Corporate Office Properties Trust stock in the last year include David M Jacobstein, Greg J Thor, Robert L Denton and Steven D Kesler. View Insider Buying and Selling for Corporate Office Properties Trust.

Corporate Office Properties Trust's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., BlackRock Inc., Cbre Clarion Securities LLC, Russell Investments Group Ltd., Wells Fargo & Company MN, Marshall Wace North America L.P. and Citadel Advisors LLC. View Insider Buying and Selling for Corporate Office Properties Trust.

Shares of Corporate Office Properties Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Corporate Office Properties Trust stock can currently be purchased for approximately $32.53.