Advertisement

Corporate Office Properties Trust OFC

Set alert

Price alert · OFC

All alert types
24.94 +24.94 —

Day range unavailable

52-week range unavailable

Open
—
Prev close
0.00
Mkt cap
2.99B
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
4.48%
More statistics
Low
—
High
—
Forward P/E
20.98
Beta
1.04
Short ratio
4.36
Inst. own
108.43%
Dividend
1.14
Ex-div date
Jun 28, 2023
Earnings
Oct 26, 2023
50-d avg
23.64
200-d avg
24.86
1y target
28.56

2Y chart

Chart tools
Interval

Events in this range
  • Dec 31, 2021Dividend: 0.275
  • Mar 30, 2022Dividend: 0.275
  • Jun 29, 2022Dividend: 0.275
  • Jul 28, 2022Earnings: —; estimate 0.58; surprise —%
  • Sep 29, 2022Dividend: 0.275
  • Oct 18, 2022Rating: Wells Fargo · — → Overweight
  • Oct 27, 2022Earnings: —; estimate 0.58; surprise —%
  • Nov 22, 2022Rating: Wells Fargo · — → Overweight
  • Dec 29, 2022Dividend: 0.275
  • Jan 17, 2023Dividend: 0.275
  • Feb 9, 2023Earnings: —; estimate 0.59; surprise —%
  • Mar 16, 2023Rating: Wells Fargo · — → Overweight
  • Mar 23, 2023Rating: Raymond James · — → Outperform
  • Mar 30, 2023Dividend: 0.285
  • Apr 27, 2023Earnings: —; estimate 0.57; surprise —%
  • May 31, 2023Rating: Truist Securities · Hold → Hold
  • Jun 13, 2023Rating: Wells Fargo · — → Overweight
  • Jun 29, 2023Dividend: 0.285
  • Jul 27, 2023Earnings: —; estimate 0.59; surprise —%
Signals (108)
NameDateAgo
SMA: BearishSep 13, 20233 years ago
SMA: BullishSep 8, 20233 years ago
SMA: BearishSep 7, 20233 years ago
SMA: BearishSep 7, 20233 years ago
MACD: Sell SignalSep 7, 20233 years ago
MACD: Buy SignalAug 31, 20233 years ago
SMA: BullishAug 28, 20233 years ago
SMA: BearishAug 25, 20233 years ago
SMA: BullishAug 23, 20233 years ago
SMA: BullishAug 23, 20233 years ago
SMA: BearishAug 21, 20233 years ago
SMA: BearishAug 16, 20233 years ago
MACD: Sell SignalAug 9, 20233 years ago
MACD: Buy SignalAug 8, 20233 years ago
MACD: Sell SignalJul 31, 20233 years ago
SMA: BullishJul 10, 20233 years ago
MACD: Buy SignalJul 3, 20233 years ago
SMA: BullishJun 26, 20233 years ago
SMA: BearishJun 23, 20233 years ago
MACD: Sell SignalJun 23, 20233 years ago
SMA: BullishJun 6, 20233 years ago
SMA: BearishJun 5, 20233 years ago
SMA: BullishJun 2, 20233 years ago
MACD: Buy SignalJun 2, 20233 years ago
SMA: BearishMay 16, 20233 years ago
MACD: Sell SignalMay 16, 20233 years ago
SMA: BullishMay 3, 20233 years ago
MACD: Buy SignalApr 28, 20233 years ago
MACD: Sell SignalApr 24, 20233 years ago
MACD: Buy SignalMar 30, 20233 years ago
RSI: OversoldMar 22, 20233 years ago
RSI: OversoldMar 16, 20233 years ago
RSI: OversoldMar 10, 20233 years ago
SMA: BearishFeb 21, 20233 years ago
SMA: BullishFeb 17, 20233 years ago
SMA: BearishFeb 16, 20233 years ago
SMA: BearishFeb 14, 20233 years ago
SMA: BullishFeb 13, 20233 years ago
SMA: BearishFeb 9, 20233 years ago
SMA: BearishFeb 8, 20233 years ago
MACD: Sell SignalFeb 1, 20233 years ago
SMA: BullishJan 11, 20233 years ago
SMA: BullishJan 11, 20233 years ago
MACD: Buy SignalJan 6, 20233 years ago
MACD: Sell SignalJan 5, 20233 years ago
MACD: Buy SignalDec 29, 20223 years ago
SMA: BearishDec 16, 20223 years ago
SMA: BullishDec 13, 20223 years ago
SMA: BearishDec 12, 20223 years ago
SMA: BearishDec 5, 20223 years ago
MACD: Sell SignalNov 17, 20223 years ago
SMA: BullishNov 10, 20223 years ago
SMA: BearishNov 9, 20223 years ago
SMA: BullishNov 4, 20223 years ago
SMA: BearishNov 2, 20224 years ago
SMA: BullishOct 31, 20224 years ago
SMA: BullishOct 25, 20224 years ago
MACD: Buy SignalOct 12, 20224 years ago
RSI: OversoldSep 29, 20224 years ago
RSI: OversoldSep 26, 20224 years ago
MACD: Sell SignalSep 14, 20224 years ago
SMA: BearishSep 13, 20224 years ago
SMA: BearishSep 13, 20224 years ago
SMA: BullishSep 12, 20224 years ago
SMA: BullishSep 12, 20224 years ago
MACD: Buy SignalSep 12, 20224 years ago
SMA: BearishAug 26, 20224 years ago
SMA: BullishAug 25, 20224 years ago
SMA: BearishAug 22, 20224 years ago
SMA: BearishAug 22, 20224 years ago
MACD: Sell SignalAug 18, 20224 years ago
MACD: Buy SignalAug 10, 20224 years ago
SMA: BullishAug 8, 20224 years ago
MACD: Sell SignalAug 5, 20224 years ago
SMA: BearishAug 4, 20224 years ago
SMA: BullishJul 25, 20224 years ago
SMA: BearishJul 20, 20224 years ago
SMA: BullishJul 19, 20224 years ago
MACD: Buy SignalJul 19, 20224 years ago
MACD: Sell SignalJul 8, 20224 years ago
SMA: BearishJul 6, 20224 years ago
MACD: Buy SignalJul 1, 20224 years ago
MACD: Sell SignalJun 30, 20224 years ago
SMA: BearishJun 28, 20224 years ago
SMA: BullishJun 24, 20224 years ago
MACD: Buy SignalJun 24, 20224 years ago
MACD: Sell SignalJun 13, 20224 years ago
SMA: BearishJun 9, 20224 years ago
SMA: BullishJun 7, 20224 years ago
SMA: BearishJun 1, 20224 years ago
SMA: BullishMay 31, 20224 years ago
SMA: BearishMay 25, 20224 years ago
SMA: BullishMay 24, 20224 years ago
MACD: Buy SignalMay 18, 20224 years ago
RSI: OversoldMay 11, 20224 years ago
SMA: BearishApr 29, 20224 years ago
SMA: BullishApr 28, 20224 years ago
SMA: BearishApr 27, 20224 years ago
MACD: Sell SignalApr 4, 20224 years ago
RSI: OverboughtMar 29, 20224 years ago
MACD: Buy SignalMar 25, 20224 years ago
MACD: Sell SignalMar 22, 20224 years ago
RSI: OverboughtMar 10, 20224 years ago
SMA: BullishMar 2, 20224 years ago
MACD: Buy SignalFeb 9, 20224 years ago
RSI: OversoldJan 24, 20224 years ago
SMA: BearishJan 18, 20224 years ago
MACD: Sell SignalJan 13, 20224 years ago

Key statistics

Market cap
2.99B
Enterprise value
5.07B
Trailing P/E
15.42
Forward P/E
20.98
PEG ratio
2.19
Price / sales
4.20
Price / book
1.67
EPS (TTM)
1.66
Beta
1.04
Dividend yield
4.48%
Payout ratio
65.29%
Profit margin
27.04%
Revenue (TTM)
711.84M
Revenue growth
-14.70%
Free cash flow
232.19M
Total cash
17.38M
Total debt
2.16B
Return on equity
11.30%
Shares outstanding
112.51M
Short % of float
3.49%
50-day average
23.64
200-day average
24.86

Analyst view

Consensus: buy

Buy
Price target (mean) 28.56 +14.5% upside
Target (low)
24.00
Target (mean)
28.56
Target (high)
35.00
Ratings (0m) 13 3 buy · 9 hold · 1 sell
  • Strong buy3
  • Buy0
  • Hold9
  • Sell0
  • Strong sell1

Next earnings

Oct 26, 2023

Expected Oct 26, 2023. Consensus EPS estimate 0.29.

Earnings history

Financials — quick view

All financials
OFC Revenue — quarterly 169.20M
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30
OFC Net income — quarterly 30.29M
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30
OFC EPS — quarterly 0.27
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30

Earnings

OFC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 26, 2023Sep 1, 20230.60———
Jul 27, 2023Jun 1, 20230.59———
Apr 27, 2023Mar 1, 20230.57———
Feb 9, 2023Dec 1, 20220.59———
Oct 27, 2022Sep 1, 20220.58———
Jul 28, 2022Jun 1, 20220.58———

Upgrades / downgrades

OFC analyst upgrades and downgrades
DateFirmActionFromTo
Jun 13, 2023Wells Fargomain—Overweight
May 31, 2023Truist SecuritiesmainHoldHold
Mar 23, 2023Raymond Jamesmain—Outperform
Mar 16, 2023Wells Fargomain—Overweight
Nov 22, 2022Wells Fargomain—Overweight
Oct 18, 2022Wells Fargomain—Overweight

About Corporate Office Properties Trust

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 March 31, 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 95.1% leased.

Sector
Real Estate
Industry
REIT—Office
Country
United States
Website
copt.com

News

Your note

Sign in to keep a note on OFC — it syncs with the Stock Master app.

Insider holders

OFC insider holders
InsiderRelationLatest transactionDateShares held
BRADY THOMAS FDirectorStock Award(Grant)May 10, 202344,876
BUDORICK STEPHEN EChief Executive OfficerStock Award(Grant)Feb 2, 2021194,281
DENTON ROBERT LDirectorConversion of Exercise of derivative securityMay 21, 20230
JACOBSTEIN DAVID MDirectorSaleJun 3, 20219,567
KESLER STEVEN DDirectorStock Award(Grant)May 10, 202343,032
MILLER ESSYE B.DirectorStock Award(Grant)May 10, 20237,353

Institution ownership

OFC institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)15.14%17,029,681435.79MMar 30, 2023
Blackrock Inc.15.12%17,014,305435.40MMar 30, 2023
State Street Corporation6.07%6,827,999174.73MMar 30, 2023
Barrow, Hanley Mewhinney & Strauss, LLC5.26%5,919,814151.49MMar 30, 2023
FMR, LLC4.86%5,466,997139.90MMar 30, 2023
Earnest Partners LLC4.77%5,362,806137.23MMar 30, 2023

Fund ownership

OFC fund ownership
Holder% heldSharesValueReported
Vanguard Specialized-Real Estate Index Fund4.46%5,013,689128.30MJan 30, 2023
iShares Core S&P Midcap ETF3.11%3,498,06289.52MFeb 27, 2023
Vanguard Total Stock Market Index Fund3.05%3,428,17387.73MDec 30, 2022
Victory Portfolios-Sycamore Small Company Opportunity Fund2.67%2,998,90076.74MDec 30, 2022
Vanguard Small-Cap Index Fund2.57%2,896,36474.12MDec 30, 2022
iShares Russell 2000 ETF2.20%2,469,94363.21MFeb 27, 2023
Advertisement