Latest On Corporate Office Properties Trust (OFC):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2023-06-29 05:51 EST | Dividend | A dividend of $0.29 has been announced on May 11, 2023. It will be paid Jul 17, 2023 with an ex-dividend date of Jun 29, 2023. | Neutral |  |
| 2023-05-31 08:32 EST | News | Corporate Office Properties: An Evolving Property Portfolio And Promising Future Outlook | N/A | |
| 2023-05-31 08:32 EST | News | Corporate Office Properties: Clarity On Defense Spending Could Provide Shares An Uplift | N/A | |
| 2023-05-11 23:05 EST | News | Corporate Office Properties Trust declares $0.285 dividend | N/A | |
| 2023-04-28 22:26 EST | News | Corporate Office Properties Trust 2023 Q1 - Results - Earnings Call Presentation | N/A | |
About Corporate Office Properties Trust (OFC):
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 i read more...ts 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.
General
- Name Corporate Office Properties Trust
- Symbol OFC
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorReal Estate
- IndustryREIT-Office
- Full Time Employees 406
- Fiscal Year EndDecember
- IPO Date1991-12-31
- Gic SectorReal Estate
- Gic GroupReal Estate
- Gic IndustryEquity Real Estate Investment Trusts (REITs)
- Gic SubIndustryOffice REITs
- Web URLhttp://www.copt.com
Valuation
- Trailing PE 32.31
- Price/Sales (Trailing 12 Mt.) 4.9
- Price/Book (Most Recent Quarter) 1.8
- Enterprise Value Revenue 8.35
- Enterprise Value EBITDA 16.48
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $0.89
- Next Year EPS Estimate $0.94
- Next Quarter EPS Estimate $0.22
- Profit Margin 16%
- Operating Margin 27%
- Return on Assets 3%
- Return on Equity 6%
- Revenue 611.19 million
- Earnings Per Share $0.87
- Revenue Per Share $5.47
- Gross Profit 339.74 million
- Quarterly Earnings Growth 4%
Highlights
- Market Capitalization 3.14 billion
- EBITDA 305.03 million
- PE Ratio 14.74
- PEG Ratio 5.41
- Analyst Target Price $30.69
- Book Value Per Share $14.85
Share Statistics
- Shares Outstanding 112.18 million
- Shares Float 111.34 million
- % Held by Insiders 33%
- % Held by Institutions 101.86%
- Shares Short 1.78 million
- Shares Short Prior Month 2.28 million
- Short Ratio 2.11
- Short % of Float 3%
- Short % of Shares Outstanding 2%
Technicals
- Beta 1.06
- 52 Week High $28.37
- 52 Week Low $14.55
- 50 Day Moving Average 26.68
- 200 Day Moving Average 25.39
Dividends
- Forward Annual Dividend Rate $1.1
- Forward Annual Dividend Yield 3.92%
- Payout Ratio 52%
- Dividend Date 2021-04-15
- ExDividend Date 2021-03-30
- Dividend Per Share $1.1
- Dividend Yield 4.41%
Corporate Office Properties Trust (OFC) Dividend Calendar:
Corporate Office Properties Trust pays an annual dividend of $1.1 per share, with a dividend yield of 4.41%.
OFC's last dividend payment was made to shareholders on April 15, 2021.
Corporate Office Properties Trust pays out 52% of its earnings out as a dividend.
Corporate Office Properties Trust (OFC) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Corporate Office Properties Trust (OFC) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Corporate Office Properties Trust (OFC) Chart:
Corporate Office Properties Trust (OFC) News:
Below you will find a list of latest news for Corporate Office Properties Trust (OFC) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
Corporate Office Properties Trust (OFC) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest OFC Trades:
Corporate Office Properties Trust (OFC) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-10-30 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-10-29 | 8-K (Current report) | |
| 2020-10-05 | 8-K (Current report) | |
| 2020-10-05 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-10-05 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-25 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-17 | 8-K (Current report) | |
| 2020-09-16 | 8-K (Current report) | |
| 2020-09-14 | 424B5 (Prospectus [Rule 424(b)(5)]) | |
| 2020-09-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-11 | 8-K/A (Current report) | |
| 2020-09-11 | 8-K/A (Current report) | |
| 2020-09-10 | 424B5 (Prospectus [Rule 424(b)(5)]) | |
| 2020-09-10 | 8-K (Current report) | |
| 2020-09-10 | 8-K (Current report) | |
| 2020-09-10 | FWP (Filing under Securities Act Rules 163/433 of free writing prospectuses) | |
| 2020-09-10 | 8-K (Current report) | |
| 2020-08-18 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-07-31 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-07-30 | 8-K (Current report) | |
Corporate Office Properties Trust (OFC) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Corporate Office Properties Trust (OFC). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 33%
Institutional Ownership: 10186%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-10-01 | Letitia A Long | Director | Buy | 2,707.00 | 2,707.00 | | ||
| 2020-09-24 | C TAYLOR PICKETT | Director | Buy | 10,000.00 | 22.16 | 221,601.00 | 46,986.00 | |
| 2020-09-11 | C TAYLOR PICKETT | Director | Buy | 10,000.00 | 23.20 | 231,954.00 | 36,986.00 | |
| 2020-08-18 | DAVID M JACOBSTEIN | Director | Sell | 3,400.00 | 25.35 | 86,185.58 | 10,151.00 | |
| 2020-06-03 | ROBERT L DENTON | Director | Sell | 1,716.00 | 26.58 | 45,609.74 | 266,554.00 | |
| 2020-06-02 | ROBERT L DENTON | Director | Sell | 1,716.00 | 25.54 | 43,826.98 | 268,270.00 | |
| 2020-05-21 | DAVID M JACOBSTEIN | Director | Buy | 3,986.00 | 13,551.00 | | ||
| 2020-05-21 | Lisa G Trimberger | Director | Buy | 3,986.00 | 20,340.00 | | ||
| 2020-05-21 | ROBERT L DENTON | Director | Buy | 3,986.00 | 269,986.00 | | ||
| 2020-05-21 | THOMAS F BRADY | Director | Buy | 3,986.00 | 32,996.00 | | ||
| 2020-05-21 | STEVEN D KESLER | Director | Buy | 3,986.00 | 42,152.00 | | ||
| 2020-03-19 | STEPHEN E BUDORICK | President & CEO | Buy | 1,475.00 | 16.92 | 24,957.00 | 147,520.00 | |
| 2020-03-17 | STEPHEN E BUDORICK | President & CEO | Buy | 2,530.00 | 19.58 | 49,537.40 | 146,045.00 | |
| 2020-03-01 | Greg J Thor | SVP--CAO & Controller | Buy | 6,815.00 | 27,434.00 | | ||
| 2020-02-14 | STEVEN D KESLER | Director | Sell | 1,000.00 | 30.00 | 30,000.00 | 38,166.00 | |
| 2020-02-11 | ROBERT L DENTON | Director | Sell | 5,000.00 | 29.67 | 148,350.00 | 3,432.00 | |
| 2020-01-13 | STEPHEN E BUDORICK | President & CEO | Buy | 34,363.00 | 23.47 | 806,499.61 | 153,647.00 | |
| 2020-01-13 | Paul R Adkins | Executive Vice President &COO | Buy | 4,955.00 | 39,247.00 | | ||
| 2020-01-13 | Anthony Mifsud | EVP and CFO | Buy | 4,314.00 | 54,290.00 | | ||
| 2019-12-30 | STEPHEN E BUDORICK | President & CEO | Buy | 1,028.00 | 29.17 | 29,986.76 | 141,552.00 | |