Corporate Office Properties Trust, Inc. is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:OFC
Previous Symbol
CUSIP22002T10
Phone443-285-5400
Debt
Debt-to-Equity Ratio1.12
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio11.04
Forward P/E Ratio11.15
P/E Growth2.47
Sales & Book Value
Annual Sales$612.82 million
Price / Sales3.98
Cash Flow$2.1181 per share
Price / Cash Flow10.58
Book Value$14.57 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$2.03
Net Income$70.09 million
Net Margins10.78%
Return on Equity4.30%
Return on Assets1.80%
Miscellaneous
Employees375
Outstanding Shares108,860,000
Market Cap$2.44 billion
OptionableOptionable
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 Friday, November 30th. Investors of record on Monday, December 31st will be paid a dividend of $0.275 per share on Tuesday, January 15th. This represents a $1.10 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date is Friday, December 28th. View Corporate Office Properties Trust's Dividend History.
How were Corporate Office Properties Trust's earnings last quarter?
Corporate Office Properties Trust (NYSE:OFC) posted its quarterly earnings results on Thursday, October, 25th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The real estate investment trust earned $137.41 million during the quarter, compared to analyst estimates of $129.45 million. Corporate Office Properties Trust had a net margin of 10.78% and a return on equity of 4.30%. View Corporate Office Properties Trust's Earnings History.
When is Corporate Office Properties Trust's next earnings date?
What price target have analysts set for OFC?
7 brokerages have issued 1 year target prices for Corporate Office Properties Trust's shares. Their predictions range from $25.00 to $31.00. On average, they anticipate Corporate Office Properties Trust's share price to reach $28.2857 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Corporate Office Properties Trust.
What is the consensus analysts' recommendation for Corporate Office Properties Trust?
7 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 and 6 hold 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?
Media coverage about OFC stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Corporate Office Properties Trust earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are some of Corporate Office Properties Trust's key competitors?
Some companies that are related to Corporate Office Properties Trust include Federal Realty Investment Trust (FRT), AGNC Investment (AGNC), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), National Retail Properties (NNN), VICI Properties (VICI), SL Green Realty (SLG), Vereit (VER), Gaming and Leisure Properties (GLPI), Omega Healthcare Investors (OHI), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Kimco Realty (KIM) and Liberty Property Trust (LPT).
Who are Corporate Office Properties Trust's key executives?
Corporate Office Properties Trust's management team includes the folowing people:
- 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
- Gregory J. Thor, Chief Accounting Officer, Senior VP & Controller
- David L. Finch, Secretary, General Counsel & Vice President
Who are Corporate Office Properties Trust's major shareholders?
Corporate Office Properties Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (13.71%), Vanguard Group Inc. (13.71%), FMR LLC (12.68%), BlackRock Inc. (11.56%), Frontier Capital Management Co. LLC (3.05%) and Channing Capital Management LLC (2.19%). Company insiders that own Corporate Office Properties Trust stock include David M Jacobstein, Greg J Thor, Lisa G Trimberger, Paul R Adkins, 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Adelante Capital Management LLC, AMP Capital Investors Ltd, Citadel Advisors LLC, Morgan Stanley, V3 Capital Management L.P. and Bank of New York Mellon Corp. 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 FMR LLC, WINTON GROUP Ltd, Frontier Capital Management Co. LLC, BlackRock Inc., FIL Ltd, Vanguard Group Inc, Vanguard Group Inc. and Renaissance Technologies LLC. Company insiders that have bought Corporate Office Properties Trust stock in the last two years include Lisa G Trimberger, Paul R Adkins and Stephen E Budorick. 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 $22.41.
How big of a company is Corporate Office Properties Trust?
Corporate Office Properties Trust has a market capitalization of $2.44 billion and generates $612.82 million in revenue each year. The real estate investment trust earns $70.09 million in net income (profit) each year or $2.03 on an earnings per share basis. Corporate Office Properties Trust employs 375 workers across the globe.
What is Corporate Office Properties Trust's official website?
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)
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.
