×
S&P 500   3,801.58 (-0.62%)
DOW   30,731.69 (-1.18%)
QQQ   283.62 (+0.53%)
AAPL   140.04 (+0.80%)
MSFT   259.18 (-0.15%)
META   165.19 (+3.22%)
GOOGL   2,240.09 (+3.00%)
AMZN   112.91 (+3.06%)
TSLA   687.68 (+0.86%)
NVDA   147.96 (+1.88%)
NIO   21.77 (+1.92%)
BABA   116.80 (+0.69%)
AMD   74.33 (+0.90%)
MU   55.84 (+4.08%)
CGC   2.65 (-5.69%)
T   20.95 (-1.69%)
GE   61.23 (-3.64%)
F   11.08 (-2.12%)
DIS   96.24 (+0.10%)
AMC   12.71 (-6.06%)
PFE   51.01 (-2.49%)
PYPL   73.76 (+3.31%)
NFLX   183.31 (+1.87%)
S&P 500   3,801.58 (-0.62%)
DOW   30,731.69 (-1.18%)
QQQ   283.62 (+0.53%)
AAPL   140.04 (+0.80%)
MSFT   259.18 (-0.15%)
META   165.19 (+3.22%)
GOOGL   2,240.09 (+3.00%)
AMZN   112.91 (+3.06%)
TSLA   687.68 (+0.86%)
NVDA   147.96 (+1.88%)
NIO   21.77 (+1.92%)
BABA   116.80 (+0.69%)
AMD   74.33 (+0.90%)
MU   55.84 (+4.08%)
CGC   2.65 (-5.69%)
T   20.95 (-1.69%)
GE   61.23 (-3.64%)
F   11.08 (-2.12%)
DIS   96.24 (+0.10%)
AMC   12.71 (-6.06%)
PFE   51.01 (-2.49%)
PYPL   73.76 (+3.31%)
NFLX   183.31 (+1.87%)
S&P 500   3,801.58 (-0.62%)
DOW   30,731.69 (-1.18%)
QQQ   283.62 (+0.53%)
AAPL   140.04 (+0.80%)
MSFT   259.18 (-0.15%)
META   165.19 (+3.22%)
GOOGL   2,240.09 (+3.00%)
AMZN   112.91 (+3.06%)
TSLA   687.68 (+0.86%)
NVDA   147.96 (+1.88%)
NIO   21.77 (+1.92%)
BABA   116.80 (+0.69%)
AMD   74.33 (+0.90%)
MU   55.84 (+4.08%)
CGC   2.65 (-5.69%)
T   20.95 (-1.69%)
GE   61.23 (-3.64%)
F   11.08 (-2.12%)
DIS   96.24 (+0.10%)
AMC   12.71 (-6.06%)
PFE   51.01 (-2.49%)
PYPL   73.76 (+3.31%)
NFLX   183.31 (+1.87%)
S&P 500   3,801.58 (-0.62%)
DOW   30,731.69 (-1.18%)
QQQ   283.62 (+0.53%)
AAPL   140.04 (+0.80%)
MSFT   259.18 (-0.15%)
META   165.19 (+3.22%)
GOOGL   2,240.09 (+3.00%)
AMZN   112.91 (+3.06%)
TSLA   687.68 (+0.86%)
NVDA   147.96 (+1.88%)
NIO   21.77 (+1.92%)
BABA   116.80 (+0.69%)
AMD   74.33 (+0.90%)
MU   55.84 (+4.08%)
CGC   2.65 (-5.69%)
T   20.95 (-1.69%)
GE   61.23 (-3.64%)
F   11.08 (-2.12%)
DIS   96.24 (+0.10%)
AMC   12.71 (-6.06%)
PFE   51.01 (-2.49%)
PYPL   73.76 (+3.31%)
NFLX   183.31 (+1.87%)
NYSE:OFC

Corporate Office Properties Trust Stock Forecast, Price & News

$26.33
-0.40 (-1.50%)
(As of 07/5/2022 02:09 PM ET)
Add
Compare
Today's Range
$26.00
$26.61
50-Day Range
$24.82
$27.73
52-Week Range
$23.89
$30.51
Volume
13,910 shs
Average Volume
1.03 million shs
Market Capitalization
$2.96 billion
P/E Ratio
20.90
Dividend Yield
4.12%
Price Target
$27.80

Corporate Office Properties Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.7% Upside
$27.80 Price Target
Short Interest
Bearish
5.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
0.49mentions of Corporate Office Properties Trust in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$91,344 Sold Last Quarter
Proj. Earnings Growth
4.27%
From $2.34 to $2.44 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.68 out of 5 stars

Finance Sector

698th out of 1,398 stocks

Real Estate Investment Trusts Industry

154th out of 235 stocks

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.

Corporate Office Properties Trust 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.

OFC Stock News Headlines

COPT Declares 98th Consecutive Common Dividend
Corporate Office Properties Trust Tops Q1 EPS by 23c
COPT 1Q 2022 Results Exceed Guidance
Fiscal Year 2022 Defense Budget Appropriated
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 4/15 Dividend
3/30/2022
Dividend Payable
4/15/2022
Last Earnings
4/28/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Today
7/05/2022
Dividend Payable
7/15/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$27.80
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
6 Analysts

Profitability

Net Income
$76.54 million
Pretax Margin
15.83%

Debt

Sales & Book Value

Annual Sales
$664.45 million
Cash Flow
$2.01 per share
Book Value
$14.75 per share

Miscellaneous

Free Float
111,459,000
Market Cap
$2.96 billion
Optionable
Optionable
Beta
0.92

Social Links















Corporate Office Properties Trust Frequently Asked Questions

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

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Corporate Office Properties Trust stock.
View analyst ratings for Corporate Office Properties Trust
or view top-rated stocks.

What is Corporate Office Properties Trust's stock price forecast for 2022?

6 equities research analysts have issued 1-year price objectives for Corporate Office Properties Trust's shares. Their OFC stock forecasts range from $24.00 to $31.00. On average, they anticipate Corporate Office Properties Trust's stock price to reach $27.80 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts' price targets for Corporate Office Properties Trust
or view top-rated stocks among Wall Street analysts.

How has Corporate Office Properties Trust's stock performed in 2022?

Corporate Office Properties Trust's stock was trading at $27.97 at the start of the year. Since then, OFC shares have decreased by 5.9% and is now trading at $26.31.
View the best growth stocks for 2022 here
.

Are investors shorting Corporate Office Properties Trust?

Corporate Office Properties Trust saw a increase in short interest in May. As of May 31st, there was short interest totaling 5,380,000 shares, an increase of 42.0% from the May 15th total of 3,790,000 shares. Based on an average daily volume of 715,400 shares, the days-to-cover ratio is presently 7.5 days. Currently, 4.8% of the shares of the company are sold short.
View Corporate Office Properties Trust's Short Interest
.

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

Corporate Office Properties Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Corporate Office Properties Trust
.

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

Corporate Office Properties Trust (NYSE:OFC) issued its quarterly 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 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 6.67% and a net margin of 19.78%. The business's quarterly revenue was up 26.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 earnings per share.
View Corporate Office Properties Trust's earnings history
.

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, May 12th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.275 per share on Friday, July 15th. This represents a $1.10 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Wednesday, June 29th.
View Corporate Office Properties Trust's dividend history
.

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 4.12%. OFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Corporate Office Properties Trust is 87.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Corporate Office Properties Trust will have a dividend payout ratio of 45.08% next year. This indicates that Corporate Office Properties Trust will be able to sustain or increase its dividend.
View Corporate Office Properties Trust's dividend history.

What guidance has Corporate Office Properties Trust issued on next quarter's earnings?

Corporate Office Properties Trust updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.57-$0.59 for the period. The company issued revenue guidance of -.

Who are Corporate Office Properties Trust's key executives?

Corporate Office Properties Trust's management team includes the following people:
  • Mr. Stephen E. Budorick, Pres, CEO & Trustee (Age 62, Pay $2.22M)
  • Mr. Anthony Mifsud, Exec. VP & CFO (Age 58, Pay $1.23M)
  • Mr. Todd W. Hartman, Exec. VP & COO (Age 55, Pay $1.28M)
  • Mr. Gregory J. Thor, Chief Accounting Officer, Sr. VP & Controller (Age 58)
  • Ms. Stephanie M. Krewson-Kelly, VP of Investor Relations
  • 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

What is Stephen E. Budorick's approval rating as Corporate Office Properties Trust's CEO?

8 employees have rated Corporate Office Properties Trust CEO Stephen E. Budorick on Glassdoor.com. Stephen E. Budorick has an approval rating of 49% among Corporate Office Properties Trust'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 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 $26.31.

How much money does Corporate Office Properties Trust make?

Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $2.96 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 $1.26 on an earnings per share basis.

How many employees does Corporate Office Properties Trust have?

Corporate Office Properties Trust employs 405 workers across the globe.

When was Corporate Office Properties Trust founded?

Corporate Office Properties Trust was founded in 1988.

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 Corporate Office Properties Trust 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 7/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.