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NYSE:OFC

Corporate Office Properties Trust (OFC) Stock Price, News & Analysis

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About Corporate Office Properties Trust Stock (NYSE:OFC)

Key Stats

Today's Range
N/A
50-Day Range
$24.41
$26.74
52-Week Range
N/A
Volume
542,700 shs
Average Volume
733,029 shs
Market Capitalization
$2.81 billion
P/E Ratio
14.76
Dividend Yield
4.57%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 the Company believes are growing, durable, priority missions (Defense/IT Locations). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.

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OFC Stock News Headlines

Evercore ISI Releases a Buy Rating on COPT Defense Properties (CDP)
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Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
See More Headlines

OFC Stock Analysis - Frequently Asked Questions

Corporate Office Properties Trust (NYSE:OFC) issued its earnings results on Friday, July, 28th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $0.32. The business's quarterly revenue was down 8.9% on a year-over-year basis.

Based on aggregate information from My MarketBeat watchlists, some other companies that Corporate Office Properties Trust investors own include Meta Platforms (META), Chevron (CVX), NVIDIA (NVDA), Verizon Communications (VZ), CVS Health (CVS), Tesla (TSLA) and Extra Space Storage (EXR).

Company Calendar

Last Earnings
7/28/2023
Today
11/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT—Office
Sub-Industry
Office REITs
CUSIP
22002T10
Employees
395
Year Founded
1988

Profitability

Net Income
$173.03 million
Pretax Margin
28.29%

Debt

Sales & Book Value

Annual Sales
$739.03 million
Book Value
$15.31 per share

Miscellaneous

Free Float
111,556,000
Market Cap
$2.81 billion
Optionable
Optionable
Beta
1.03

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This page (NYSE:OFC) was last updated on 11/23/2024 by MarketBeat.com Staff
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