NYSE:OFC Corporate Office Properties Trust (OFC) Stock Forecast, Price & News $23.34 +0.78 (+3.46%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$22.84▼$23.4050-Day Range$21.85▼$24.4652-Week Range$21.59▼$28.69Volume546,181 shsAverage Volume739,347 shsMarket Capitalization$2.63 billionP/E Ratio13.65Dividend Yield4.88%Price Target$26.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Corporate Office Properties Trust MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.5% Upside$26.25 Price TargetShort InterestHealthy2.46% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.79Upright™ Environmental ScoreNews Sentiment1.23Based on 11 Articles This WeekInsider TradingSelling Shares$90,446 Sold Last QuarterProj. Earnings Growth3.77%From $2.39 to $2.48 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.2.73 out of 5 starsFinance Sector262nd out of 874 stocksReal Estate Investment Trusts Industry43rd out of 191 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 $26.25, Corporate Office Properties Trust has a forecasted upside of 12.5% from its current price of $23.34.Amount of Analyst CoverageCorporate Office Properties Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.46% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corporate Office Properties Trust has recently decreased by 15.60%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCorporate Office Properties Trust is a leading dividend payer. It pays a dividend yield of 5.00%, 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 66.67%. 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 45.97% 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 3.5 News and Social Media Coverage News SentimentCorporate Office Properties Trust has a news sentiment score of 1.23. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Corporate Office Properties Trust this week, compared to 2 articles on an average week.MarketBeat Follows3 people have added Corporate Office Properties Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corporate Office Properties Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $90,446.00 in company stock.Percentage Held by InsidersOnly 0.87% of the stock of Corporate Office Properties Trust is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Corporate Office Properties Trust are expected to grow by 3.77% in the coming year, from $2.39 to $2.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corporate Office Properties Trust is 13.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Corporate Office Properties Trust is 13.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.20.Price to Earnings Growth RatioCorporate Office Properties Trust has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCorporate Office Properties Trust has a P/B Ratio of 1.48. 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 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 HeadlinesJune 1, 2023 | finance.yahoo.comCOPT to Present at Nareit’s REITweek: 2023 Investor ConferenceMay 31, 2023 | msn.comTruist Securities Maintains Corporate Office Properties Trust (OFC) Hold RecommendationJune 2, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 31, 2023 | finance.yahoo.comDHC vs. OFC: Which Stock Should Value Investors Buy Now?May 31, 2023 | americanbankingnews.comCorporate Office Properties Trust (NYSE:OFC) Given New $26.00 Price Target at Truist FinancialMay 31, 2023 | msn.comCorporate Office Properties: Clarity On Defense Spending Could Provide Shares An UpliftMay 31, 2023 | seekingalpha.comCorporate Office Properties: An Evolving Property Portfolio And Promising Future OutlookMay 29, 2023 | americanbankingnews.comShort Interest in Corporate Office Properties Trust (NYSE:OFC) Drops By 15.6%June 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 23, 2023 | bizjournals.comDowntown tower nabs large law firm tenant with two-floor leaseMay 21, 2023 | americanbankingnews.comCorporate Office Properties Trust (NYSE:OFC) Director Robert L. Denton Sells 3,941 SharesMay 15, 2023 | msn.comDHC or OFC: Which Is the Better Value Stock Right Now?May 11, 2023 | seekingalpha.comCorporate Office Properties Trust declares $0.285 dividendMay 11, 2023 | finance.yahoo.comCOPT Declares Second Quarter 2023 Common DividendMay 8, 2023 | finance.yahoo.comCorporate Office Properties (OFC) Could Be a Great ChoiceApril 29, 2023 | finance.yahoo.comQ1 2023 Corporate Office Properties Trust Earnings CallApril 28, 2023 | marketwatch.com8-K: CORPORATE OFFICE PROPERTIES TRUSTApril 28, 2023 | seekingalpha.comCorporate Office Properties Trust 2023 Q1 - Results - Earnings Call PresentationApril 28, 2023 | markets.businessinsider.comBTIG Keeps Their Buy Rating on Corporate Office Properties (OFC)April 27, 2023 | finance.yahoo.comCOPT First Quarter 2023 Results Exceed GuidanceApril 25, 2023 | americanbankingnews.comCorporate Office Properties Trust (OFC) to Release Quarterly Earnings on ThursdayApril 19, 2023 | americanbankingnews.comJefferies Financial Group Research Analysts Increase Earnings Estimates for Corporate Office Properties Trust (NYSE:OFC)April 15, 2023 | seekingalpha.comOFC Corporate Office Properties TrustApril 4, 2023 | finance.yahoo.comWhy Corporate Office Properties (OFC) is a Great Dividend Stock Right NowApril 3, 2023 | finance.yahoo.comCOPT Provides Conference Call Details to Discuss 1Q 2023 ResultsMarch 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 REITSee More Headlines OFC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OFC Company Calendar Last Earnings4/28/2022Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today6/02/2023Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Next Earnings (Estimated)7/27/2023Fiscal 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$26.25 High Stock Price Forecast$29.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+15.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio13.51 Forward P/E Ratio9.67 P/E Growth0.87Net Income$173.03 million Net Margins27.07% Pretax Margin27.85% Return on Equity11.18% Return on Assets4.56% Debt Debt-to-Equity Ratio1.20 Current Ratio2.16 Quick Ratio2.16 Sales & Book Value Annual Sales$739.03 million Price / Sales3.52 Cash Flow$2.63 per share Price / Cash Flow8.79 Book Value$15.72 per share Price / Book1.47Miscellaneous Outstanding Shares112,510,000Free Float111,535,000Market Cap$2.60 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 CompetitorsEquity CommonwealthNYSE:EQCHighwoods PropertiesNYSE:HIWDouglas EmmettNYSE:DEIKilroy RealtyNYSE:KRCSL Green RealtyNYSE:SLGView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 6,133 shares on 6/1/2023Ownership: 0.039%ProShare Advisors LLCSold 15,792 shares on 5/26/2023Ownership: 0.018%Ameriprise Financial Inc.Sold 2,298 shares on 5/22/2023Ownership: 0.147%Putnam Investments LLCSold 678 shares on 5/22/2023Ownership: 0.014%JPMorgan Chase & Co.Bought 535,846 shares on 5/18/2023Ownership: 1.418%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 analysts have issued "buy," "hold," and "sell" ratings for Corporate Office Properties Trust in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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 2023? 3 brokerages have issued 12 month target prices for Corporate Office Properties Trust's stock. Their OFC share price forecasts range from $24.00 to $29.00. On average, they expect the company's share price to reach $26.25 in the next year. This suggests a possible upside of 12.5% 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 on January 1st, 2023. Since then, OFC stock has decreased by 10.0% and is now trading at $23.34. View the best growth stocks for 2023 here. Are investors shorting Corporate Office Properties Trust? Corporate Office Properties Trust saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,760,000 shares, a decline of 15.6% from the April 30th total of 3,270,000 shares. Based on an average daily trading volume, of 795,800 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.5% of the company's stock are sold short. View Corporate Office Properties Trust's Short Interest. When is Corporate Office Properties Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 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 quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.52 earnings per share 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 the consensus estimate of $168.33 million. Corporate Office Properties Trust had a net margin of 27.07% and a trailing twelve-month return on equity of 11.18%. The company's quarterly revenue was up 26.6% on a year-over-year basis. During the same quarter last year, the company posted $0.56 EPS. 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 Thursday, May 11th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.285 per share on Monday, July 17th. This represents a $1.14 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date of this dividend is Thursday, June 29th. 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 Cambria Global Real Estate ETF (BLDG), Invesco S&P MidCap Low Volatility ETF (XMLV), 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 $1.14 per share and currently has a dividend yield of 5.00%. 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 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OFC will have a dividend payout ratio of 45.97% 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 FY23 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $2.35-$2.41 for the period, compared to the consensus EPS estimate of $2.39. 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 BlackRock Inc. (15.12%), State Street Corp (6.07%), Barrow Hanley Mewhinney & Strauss LLC (5.26%), FMR LLC (4.86%), Victory Capital Management Inc. (3.64%) and Channing Capital Management LLC (2.81%). 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 $23.34. How much money does Corporate Office Properties Trust make? Corporate Office Properties Trust (NYSE:OFC) has a market capitalization of $2.63 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 $1.71 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 6/2/2023 by MarketBeat.com Staff 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. 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