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 declared a quarterly dividend on Friday, May 12th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.275 per share on Monday, July 17th. This represents a $1.10 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Wednesday, June 28th. View Corporate Office Properties Trust's Dividend History.

Corporate Office Properties Trust (NYSE:OFC) issued its quarterly earnings results on Thursday, April, 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.01. The company had revenue of $139.80 million for the quarter, compared to analysts' expectations of $135.16 million. Corporate Office Properties Trust had a net margin of 4.56% and a return on equity of 1.90%. Corporate Office Properties Trust's revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 earnings per share. View Corporate Office Properties Trust's Earnings History.

Corporate Office Properties Trust is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Corporate Office Properties Trust.

Corporate Office Properties Trust issued an update on its FY17 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $2.01-2.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.05. Corporate Office Properties Trust also updated its Q2 guidance to $0.47-0.49 EPS.

10 brokerages have issued 1-year target prices for Corporate Office Properties Trust's shares. Their predictions range from $29.00 to $38.00. On average, they anticipate Corporate Office Properties Trust's stock price to reach $32.88 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. " (5/9/2017)
• 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 Hudson Pacific Properties (HPP), Highwoods Properties (HIW), Gramercy Property Trust (GPT), Equity Commonwealth (EQC), Paramount Group (PGRE), Paramount Group (PGRE), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack-Cali Realty Corporation (CLI), Franklin Street Properties Corp. (FSP), Parkway Properties (PKY), TIER REIT (TIER) and City Office REIT (CIO).

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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.59%), BlackRock Inc. (10.39%), FMR LLC (5.83%), State Street Corp (4.47%), JPMorgan Chase & Co. (3.86%) and Wellington Management Group LLP (3.61%). 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, Bank of New York Mellon Corp, Strs Ohio, Thrivent Financial For Lutherans, Prudential Financial Inc., Massachusetts Financial Services Co. MA, Denver Investment Advisors LLC and Renaissance Technologies LLC. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., Vanguard Group Inc., Goldman Sachs Group Inc., Wellington Management Group LLP and State Street Corp. 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 $35.79.