NYSE:OFC - Corporate Office Properties Trust Stock Price, Price Target & More

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$29.34 -0.24 (-0.81 %)
(As of 07/17/2018 04:09 AM ET)
Previous Close$29.58
Today's Range$29.20 - $29.50
52-Week Range$24.55 - $35.26
Volume515,700 shs
Average Volume885,595 shs
Market Capitalization$3.02 billion
P/E Ratio14.45
Dividend Yield3.68%
Corporate Office Properties Trust logoCOPT 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?). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (?Regional Office Properties?). As of March 31, 2018, the Company derived 88% of its core portfolio annualized revenue from Defense/IT Locations and 12% from its Regional Office Properties. As of the same date and including six buildings owned through an unconsolidated joint venture, COPT's core portfolio of 157 office and data center shell properties encompassed 17.5 million square feet and was 91.9% leased. As of the same date, the Company also owned one wholesale data center with a critical load of 19.25 megawatts.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs


Debt-to-Equity Ratio1.26
Current Ratio1.88
Quick Ratio1.88


Trailing P/E Ratio14.45
Forward P/E Ratio14.60
P/E Growth7.09

Sales & Book Value

Annual Sales$612.82 million
Price / Sales4.89
Cash Flow$2.1002 per share
Price / Cash13.97
Book Value$14.57 per share
Price / Book2.01


EPS (Most Recent Fiscal Year)$2.03
Net Income$70.09 million
Net Margins10.48%
Return on Equity4.49%
Return on Assets1.81%


Outstanding Shares102,140,000
Market Cap$3,021.42

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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 announced a quarterly dividend on Thursday, May 10th. Shareholders of record on Friday, June 29th will be given a dividend of $0.275 per share on Monday, July 16th. This represents a $1.10 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Thursday, June 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) released its quarterly earnings data on Thursday, April, 26th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.32. The real estate investment trust had revenue of $155.48 million for the quarter, compared to analyst estimates of $155.72 million. Corporate Office Properties Trust had a net margin of 10.48% and a return on equity of 4.49%. Corporate Office Properties Trust's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 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, July, 26th 2018. 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 FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.96-2.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.00. Corporate Office Properties Trust also updated its Q2 guidance to $0.48-0.50 EPS.

What price target have analysts set for OFC?

11 brokerages have issued twelve-month target prices for Corporate Office Properties Trust's shares. Their forecasts range from $26.00 to $38.00. On average, they expect Corporate Office Properties Trust's stock price to reach $29.5714 in the next year. This suggests a possible upside of 0.8% from the stock's current price. View Analyst Ratings for Corporate Office Properties Trust.

What is the consensus analysts' recommendation for Corporate Office Properties Trust?

11 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, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Corporate Office Properties Trust's key competitors?

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 58)
  • Mr. Anthony Mifsud, Exec. VP & CFO (Age 54)
  • Paul R. Adkins, Exec. VP & COO (Age 59)
  • Mr. Gregory J. Thor, Chief Accounting Officer, Sr. VP & Controller (Age 54)
  • Ms. Stephanie M. Krewson-Kelly, VP of Investor Relations

Has Corporate Office Properties Trust been receiving favorable news coverage?

Media coverage about OFC stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Corporate Office Properties Trust earned a media sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 46.22 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Corporate Office Properties Trust's major shareholders?

Corporate Office Properties Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.59%), Peregrine Capital Management LLC (0.24%), State of Alaska Department of Revenue (0.05%), Gofen & Glossberg LLC IL (0.04%) and Bank of Montreal Can (0.02%). 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 major investors are selling Corporate Office Properties Trust stock?

OFC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Peregrine Capital Management LLC, Gofen & Glossberg LLC IL and Fisher Asset Management LLC. 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 $29.34.

How big of a company is Corporate Office Properties Trust?

Corporate Office Properties Trust has a market capitalization of $3.02 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.

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:  1.7 out of 5 (star)
Outperform Votes:  217 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  628
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 7/17/2018 by MarketBeat.com Staff

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