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

Corporate Office Properties Trust's stock was trading at $24.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OFC shares have decreased by 17.9% and is now trading at $19.77. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Corporate Office Properties Trust.

Corporate Office Properties Trust is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Corporate Office Properties Trust.

Corporate Office Properties Trust (NYSE:OFC) released its earnings results on Thursday, February, 6th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.12. The real estate investment trust had revenue of $157.79 million for the quarter, compared to the consensus estimate of $149.64 million. Corporate Office Properties Trust had a net margin of 30.31% and a return on equity of 11.45%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 EPS. View Corporate Office Properties Trust's earnings history.

Corporate Office Properties Trust declared a quarterly dividend on Tuesday, February 25th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.275 per share on Wednesday, April 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date of this dividend is Monday, March 30th. View Corporate Office Properties Trust's dividend history.

Corporate Office Properties Trust updated its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $2.06-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.09.

10 equities research analysts have issued 12 month target prices for Corporate Office Properties Trust's stock. Their forecasts range from $23.00 to $34.00. On average, they anticipate Corporate Office Properties Trust's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 51.7% from the stock's current price. View analysts' price targets for Corporate Office Properties Trust.

Headlines about OFC stock have been trending very negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Corporate Office Properties Trust earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCorporate Office Properties Trust.

Corporate Office Properties Trust saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,956,500 shares, an increase of 12.4% from the February 27th total of 1,740,000 shares. Based on an average daily trading volume, of 580,200 shares, the short-interest ratio is presently 3.4 days. Currently, 1.8% of the company's stock are sold short. View Corporate Office Properties Trust's Current Options Chain.

Some companies that are related to Corporate Office Properties Trust include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Highwoods Properties (HIW), SL Green Realty (SLG), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Corporate Office Properties Trust investors own include Intel (INTC), AvalonBay Communities (AVB), Kimco Realty (KIM), Tanger Factory Outlet Centers (SKT), DIGITAL RLTY TR/SH (DLR), IBM (IBM), Iron Mountain (IRM), Public Storage (PSA), Simon Property Group (SPG) and Starwood Property Trust (STWD).

Corporate Office Properties Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "OFC."

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, Robinhood, Fidelity, and Charles Schwab.

One share of OFC stock can currently be purchased for approximately $19.77.

Corporate Office Properties Trust has a market capitalization of $2.22 billion and generates $641.23 million in revenue each year. The real estate investment trust earns $191.69 million in net income (profit) each year or $2.03 on an earnings per share basis. Corporate Office Properties Trust employs 378 workers across the globe. View additional information about Corporate Office Properties Trust.

The official website for Corporate Office Properties Trust is http://www.copt.com/.

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]