Positive News Sentiment NYSE:OFC Corporate Office Properties Trust - OFC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Corporate Office Properties Trust Please log in to your account or sign up in order to add this asset to your watchlist. $23.71 +0.60 (+2.60%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$23.07▼$23.7150-Day Range$21.90▼$28.2552-Week Range$21.59▼$29.64Volume1.22 million shsAverage Volume864,883 shsMarket Capitalization$2.67 billionP/E Ratio15.50Dividend Yield4.81%Price Target$26.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Corporate Office Properties Trust MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.8% Upside$26.75 Price TargetShort InterestBearish3.44% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.79Upright™ Environmental ScoreNews Sentiment1.83Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth4.60%From $2.39 to $2.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 starsFinance Sector683rd out of 878 stocksReal Estate Investment Trusts Industry146th out of 190 stocks 2.2 Analyst's Opinion Consensus RatingCorporate Office Properties Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.75, Corporate Office Properties Trust has a forecasted upside of 12.8% from its current price of $23.71.Amount of Analyst CoverageCorporate Office Properties Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.44% of the float of Corporate Office Properties Trust has been sold short.Short Interest Ratio / Days to CoverCorporate Office Properties Trust has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Corporate Office Properties Trust has recently increased by 13.57%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCorporate Office Properties Trust is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCorporate Office Properties Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Corporate Office Properties Trust is 74.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Corporate Office Properties Trust will have a dividend payout ratio of 45.60% next year. This indicates that Corporate Office Properties Trust will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCorporate Office Properties Trust has received a -6.14% net impact score from Upright. Corporate Office Properties uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in office buildings" and "Real estate development services of offices" products. See details.Environmental SustainabilityThe Environmental Impact score for Corporate Office Properties Trust is -2.79. Previous Next 2.7 News and Social Media Coverage News SentimentCorporate Office Properties Trust has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.32 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Corporate Office Properties Trust this week, compared to 2 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corporate Office Properties Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.85% of the stock of Corporate Office Properties Trust is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Corporate Office Properties Trust are expected to grow by 4.60% in the coming year, from $2.39 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corporate Office Properties Trust is 15.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Corporate Office Properties Trust is 15.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 140.02.Price to Book Value per Share RatioCorporate Office Properties Trust has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Corporate Office Properties Trust (NYSE:OFC) StockCorporate 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 on January 22,1988 and is headquartered in Columbia, MD.Read More Receive OFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corporate Office Properties Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address OFC Stock News HeadlinesMarch 28, 2023 | americanbankingnews.comCorporate Office Properties Trust (NYSE:OFC) Plans Dividend Increase - $0.29 Per ShareMarch 1, 2023 | seekingalpha.comCorporate Office Properties: Elevated Attention To National Defense Bodes Well For This REITApril 2, 2023 | Legacy Research (Affiliate) (Ad)Bear market expert makes new predictionNobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.March 1, 2023 | msn.comCorporate Office Properties Trust (OFC) Declares $0.28 DividendMarch 1, 2023 | finance.yahoo.comCOPT to Present at Citi’s 2023 Global Property CEO ConferenceFebruary 24, 2023 | seekingalpha.comCorporate Office Properties Trust raises dividend by 4% to $0.285February 22, 2023 | finance.yahoo.comCOPT Increases Quarterly Dividend by 3.6%February 15, 2023 | markets.businessinsider.comRobert W. Baird Keeps Their Hold Rating on Corporate Office Properties (OFC)April 2, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...February 13, 2023 | finance.yahoo.comTransamerica sign coming down from 100 LightFebruary 12, 2023 | finance.yahoo.comCorporate Office Properties Trust (NYSE:OFC) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | msn.comCorporate Office Properties Trust GAAP EPS of $0.45 beats by $0.17, revenue of $175.24M misses by $12.57MFebruary 9, 2023 | msn.comCorporate Office Properties Trust 2023 guidance in line with expectationsFebruary 9, 2023 | finance.yahoo.comCOPT Executes Over 460,000 SF of Development Leasing in 2023February 9, 2023 | finance.yahoo.comCOPT Reports Full Year 2022 ResultsFebruary 9, 2023 | finance.yahoo.comCOPT Establishes 2023 GuidanceFebruary 9, 2023 | finance.yahoo.comCorporate Office Properties (OFC) Q4 FFO Surpass EstimatesJanuary 31, 2023 | finance.yahoo.comCOPT Announces Tax Treatment of 2022 DistributionsJanuary 11, 2023 | finance.yahoo.comCOPT Forms Two Data Center Shell Joint Ventures with Blackstone Real EstateJanuary 10, 2023 | benzinga.comCOPT Provides Conference Call Details to Discuss 4Q and YE 2022 Results and Management's 2023 OutlookJanuary 10, 2023 | finance.yahoo.comCOPT Provides Conference Call Details to Discuss 4Q and YE 2022 Results and Management’s 2023 OutlookJanuary 6, 2023 | bizjournals.comHow COPT broke its own 12-year record for office leasing in 2022January 4, 2023 | finance.yahoo.comCOPT Completes 801,000 Square Feet of Vacancy Leasing in 2022November 28, 2022 | finance.yahoo.comThe 3 Best-Performing Office REITs Over The Past 4 WeeksNovember 11, 2022 | finance.yahoo.comIs it Still Worthy to Invest in Corporate Office Properties (OFC)?November 10, 2022 | finance.yahoo.comCOPT Declares 100th Consecutive Common DividendOctober 29, 2022 | seekingalpha.comCorporate Office Properties Trust (OFC) Q3 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive OFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corporate Office Properties Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address OFC Company Calendar Last Earnings4/28/2022Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Ex-Dividend for 4/17 Dividend3/30/2023Today4/01/2023Dividend Payable4/17/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:OFC CUSIP22002T10 CIK860546 Webwww.copt.com Phone(443) 285-5400Fax443-285-7650Employees405Year Founded1988Price Target and Rating Average Stock Price Forecast$26.75 High Stock Price Forecast$29.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+12.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio15.50 Forward P/E Ratio9.92 P/E GrowthN/ANet Income$173.03 million Net Margins23.41% Pretax Margin20.02% Return on Equity8.43% Return on Assets3.41% Debt Debt-to-Equity Ratio1.30 Current Ratio1.68 Quick Ratio1.68 Sales & Book Value Annual Sales$739.03 million Price / Sales3.61 Cash Flow$2.69 per share Price / Cash Flow8.83 Book Value$15.31 per share Price / Book1.55Miscellaneous Outstanding Shares112,420,000Free Float111,466,000Market Cap$2.67 billion OptionableOptionable Beta1.02 Social Links Key ExecutivesStephen E. BudorickPresident, Chief Executive Officer & TrusteeAnthony MifsudChief Financial Officer & Executive Vice PresidentMatthew T. MyersChief Accounting Officer, Senior VP & ControllerDavid L. FinchSecretary, Vice President & General CounselVenkat KommineniVice President-Investor RelationsKey CompetitorsHighwoods PropertiesNYSE:HIWEquity CommonwealthNYSE:EQCDouglas EmmettNYSE:DEIKilroy RealtyNYSE:KRCSL Green RealtyNYSE:SLGView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 919 shares on 3/23/2023Ownership: 0.113%NatixisBought 66,200 shares on 2/24/2023Ownership: 0.059%Teachers Retirement System of The State of KentuckyBought 11,025 shares on 2/22/2023Ownership: 0.066%Macquarie Group Ltd.Sold 3,624 shares on 2/21/2023Ownership: 0.044%Northwestern Mutual Investment Management Company LLCSold 5,832 shares on 2/21/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions OFC Stock - Frequently Asked Questions Should I buy or sell Corporate Office Properties Trust stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OFC, but not buy additional shares or sell existing shares. View OFC analyst ratings or view top-rated stocks. What is Corporate Office Properties Trust's stock price forecast for 2023? 3 brokerages have issued 1-year price objectives for Corporate Office Properties Trust's shares. Their OFC share price forecasts range from $24.00 to $29.00. On average, they predict the company's share price to reach $26.75 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for OFC or view top-rated stocks among Wall Street analysts. How have OFC shares performed in 2023? Corporate Office Properties Trust's stock was trading at $25.94 at the beginning of the year. Since then, OFC shares have decreased by 8.6% and is now trading at $23.71. View the best growth stocks for 2023 here. When is Corporate Office Properties Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our OFC earnings forecast. How were Corporate Office Properties Trust's earnings last quarter? Corporate Office Properties Trust (NYSE:OFC) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.04. The real estate investment trust had revenue of $195.48 million for the quarter, compared to analysts' expectations of $168.33 million. Corporate Office Properties Trust had a net margin of 23.41% and a trailing twelve-month return on equity of 8.43%. The firm's revenue was up 26.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 earnings per share. 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 Wednesday, February 22nd. Investors of record on Friday, March 31st will be given a dividend of $0.285 per share on Monday, April 17th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date of this dividend is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of $0.28. Read our dividend analysis for OFC. What ETFs hold Corporate Office Properties Trust's stock? ETFs with the largest weight of Corporate Office Properties Trust (NYSE:OFC) stock in their portfolio include Invesco S&P MidCap Low Volatility ETF (XMLV), Cambria Global Real Estate ETF (BLDG), U.S. Diversified Real Estate ETF (PPTY), WisdomTree New Economy Real Estate Fund (WTRE), Invesco Active U.S. Real Estate ETF (PSR), First Trust Active Factor Mid Cap ETF (AFMC), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). Is Corporate Office Properties Trust a good dividend stock? Corporate Office Properties Trust (NYSE:OFC) pays an annual dividend of $1.10 per share and currently has a dividend yield of 4.80%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OFC will have a dividend payout ratio of 44.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OFC. What guidance has Corporate Office Properties Trust issued on next quarter's earnings? Corporate Office Properties Trust updated its first quarter 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share (EPS) guidance of $0.56-$0.58 for the period. The company issued revenue guidance of -. What is Stephen E. Budorick's approval rating as Corporate Office Properties Trust's CEO? 8 employees have rated Corporate Office Properties Trust Chief Executive Officer Stephen E. Budorick on Glassdoor.com. Stephen E. Budorick has an approval rating of 49% among the company'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." How do I buy shares of Corporate Office Properties Trust? Shares of OFC stock 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 $23.71. How much money does Corporate Office Properties Trust make? Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $2.67 billion and generates $739.03 million in revenue each year. The real estate investment trust earns $173.03 million in net income (profit) each year or $1.53 on an earnings per share basis. How many employees does Corporate Office Properties Trust have? The company employs 405 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 official website for the company is www.copt.com. The real estate investment trust can be reached via phone at (443) 285-5400, via email at ir@copt.com, or via fax at 443-285-7650. This page (NYSE:OFC) was last updated on 4/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.