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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
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How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
How To Earn a Tax-Advantaged 10% Dividend Yield (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
NYSE:OFC

Corporate Office Properties Trust - OFC Stock Forecast, Price & News

$24.15
-0.71 (-2.86%)
(As of 09/23/2022 12:00 AM ET)
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Compare
Today's Range
$23.96
$24.71
50-Day Range
$24.15
$28.15
52-Week Range
$23.89
$29.64
Volume
783,634 shs
Average Volume
591,466 shs
Market Capitalization
$2.71 billion
P/E Ratio
20.64
Dividend Yield
4.55%
Price Target
$27.20

Corporate Office Properties Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
12.6% Upside
$27.20 Price Target
Short Interest
Healthy
4.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
1.24mentions of Corporate Office Properties Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.83%
From $2.35 to $2.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Finance Sector

674th out of 887 stocks

Real Estate Investment Trusts Industry

155th out of 194 stocks

OFC stock logo

About Corporate Office Properties Trust (NYSE:OFC) Stock

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is 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 December 31, 2020, the Company derived 87% of its core portfolio annualized rental revenue from Defense/IT Locations and 13% from its Regional Office Properties. As of the same date and including 17 properties owned through unconsolidated joint ventures, COPT's core portfolio of 179 office and data center shell properties encompassed 20.8 million square feet and was 95.0% leased; the Company also owned one wholesale data center with a critical load of 19.25 megawatts that was 86.7% leased.

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OFC Stock News Headlines

COPT Elects Essye B. Miller to Board of Trustees
Corporate Office Properties Trust Pref (OFC_pl)
COPT Declares 99th Consecutive Common Dividend
COPT Reports 2Q 2022 Results
COPT Declares 98th Consecutive Common Dividend
Corporate Office Properties Trust Tops Q1 EPS by 23c
COPT 1Q 2022 Results Exceed Guidance
See More Headlines
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OFC Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Today
9/25/2022
Ex-Dividend for 10/17 Dividend
9/29/2022
Dividend Payable
10/17/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Office REITs
Sector
Finance
CUSIP
22002T10
Employees
405
Year Founded
1988

Price Target and Rating

Average Stock Price Forecast
$27.20
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+12.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$76.54 million
Pretax Margin
10.06%

Debt

Sales & Book Value

Annual Sales
$664.45 million
Cash Flow
$2.04 per share
Book Value
$14.75 per share

Miscellaneous

Free Float
111,459,000
Market Cap
$2.71 billion
Optionable
Optionable
Beta
0.94

Social Links


Key Executives

  • Mr. Stephen E. BudorickMr. Stephen E. Budorick (Age 62)
    Pres, CEO & Trustee
    Comp: $2.22M
  • Mr. Anthony Mifsud (Age 58)
    Exec. VP & CFO
    Comp: $1.23M
  • Mr. Todd W. Hartman (Age 55)
    Exec. VP & COO
    Comp: $1.28M
  • Mr. Gregory J. Thor (Age 58)
    Chief Accounting Officer, Sr. VP & Controller
  • Mr. David L. Finch
    VP, Gen. Counsel & Sec.
  • Mr. S. Judson Williams
    Sr. VP of Bus. Devel.
  • Ms. Holly G. Edington
    Sr. VP of HR
  • Ms. Catherine M. Ward
    Sr. VP of Asset Management & Leasing
  • Mr. Dean A. Lopez
    Sr. VP of Devel. & Construction
  • Mr. Charles J. Fiala Jr.
    Sr. VP of Operations & Gov. Services













OFC Stock - Frequently Asked Questions

Should I buy or sell Corporate Office Properties Trust stock right now?

6 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, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 2022?

6 Wall Street research analysts have issued 12-month target prices for Corporate Office Properties Trust's shares. Their OFC share price forecasts range from $24.00 to $31.00. On average, they predict the company's share price to reach $27.20 in the next twelve months. This suggests a possible upside of 12.6% 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 2022?

Corporate Office Properties Trust's stock was trading at $27.97 on January 1st, 2022. Since then, OFC stock has decreased by 13.7% and is now trading at $24.15.
View the best growth stocks for 2022 here
.

When is Corporate Office Properties Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our OFC earnings forecast
.

How were Corporate Office Properties Trust's earnings last quarter?

Corporate Office Properties Trust (NYSE:OFC) released its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $0.56 by $0.04. The real estate investment trust earned $195.48 million during the quarter, compared to analysts' expectations of $168.33 million. Corporate Office Properties Trust had a trailing twelve-month return on equity of 6.04% and a net margin of 17.85%. The business's revenue was up 26.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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 declared a quarterly dividend on Thursday, August 11th. Shareholders of record on Friday, September 30th will be paid a dividend of $0.275 per share on Monday, October 17th. This represents a $1.10 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for OFC
.

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 4.42%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OFC will have a dividend payout ratio of 45.08% 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 third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $0.57-$0.59 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."

Who are Corporate Office Properties Trust's major shareholders?

Corporate Office Properties Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (5.93%), FMR LLC (5.24%), Victory Capital Management Inc. (4.21%), Northern Trust Corp (1.87%), Millennium Management LLC (1.69%) and Frontier Capital Management Co. LLC (1.38%). Insiders that own company stock include C Taylor Pickett, David M Jacobstein, Greg J Thor, Lisa G Trimberger, Robert L Denton, Stephen E Budorick, Steven D Kesler and Steven D Kesler.
View institutional ownership trends
.

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 $24.15.

How much money does Corporate Office Properties Trust make?

Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $2.71 billion and generates $664.45 million in revenue each year. The real estate investment trust earns $76.54 million in net income (profit) each year or $1.17 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 9/25/2022 by MarketBeat.com Staff

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