Columbia Property Trust, Inc. (CXP)
| Market Cap | 2.20B |
| Revenue (ttm) | 272.75M |
| Net Income (ttm) | 98.94M |
| Shares Out | 114.14M |
| EPS (ttm) | 0.85 |
| PE Ratio | 22.49 |
| Forward PE | n/a |
| Dividend | $0.84 (4.39%) |
| Ex-Dividend Date | Aug 31, 2021 |
| Volume | 628,588 |
| Open | 19.13 |
| Previous Close | 19.15 |
| Day's Range | 19.10 - 19.15 |
| 52-Week Range | 9.58 - 19.24 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 18.71 (-2.2%) |
| Est. Earnings Date | Oct 28, 2021 |
About CXP
Columbia Property Trust (NYSE: CXP) creates value through owning, operating, and developing Class-A office buildings in New York, San Francisco, Washington D.C., and Boston. The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management. It employs these competencies to grow value across its high-quality, well-leased portfolio of 15 properties that contain approximately seven million rentable square feet, as well as four properties under development, and also has approx...
Financial Performance
In 2020, CXP's revenue was $300.57 million, an increase of 4.06% compared to the previous year's $288.84 million. Earnings were $115.71 million, an increase of 1,158.13%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for CXP stock is "Buy." The 12-month stock price forecast is 18.71, which is a decrease of -2.25% from the latest price.
News
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Columbia Property Trust, Inc. - CXP
NEW YORK, Oct. 6, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...
Columbia Property Trust Secures Initial Lease at 799 Broadway, its Ground-Up Development in Union Square / Greenwich ...
NEW YORK--(BUSINESS WIRE)---- $CXP #CXPCommunity--Columbia Property Trust has secured the first lease at the newly constructed 799 Broadway in Manhattan, signed with Newrez LLC for two full floors.
COLUMBIA PROPERTY TRUST INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigat...
NEW ORLEANS, Sept. 21, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C.
Columbia Property Trust Announces Achievement of WELL Health-Safety Ratings
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust announces achievement of WELL Health-Safety Rating as part of its ongoing commitment to providing safe and healthy workplaces.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Columbia Property Trust, Inc.
NEW YORK, Sept. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Columbia Property Trust, Inc. ("Columbi...
COLUMBIA PROPERTY TRUST INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigat...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Columbia Property ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Columbia Property Trust, Inc.
NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Columbia Property Trust, Inc. (NYSE: CXP) and its board of directors concerning the propos...
Here's Why Columbia Property Trust Soared on Tuesday
The REIT's shareholders just got some big news.
PIMCO Acquires Columbia Property Trust For $3.9B
The real estate investment trust Columbia Property Trust Inc. (NYSE: CXP) has been acquired for $3.9 billion by acquired by funds managed by Pacific Investment Management Company LLC (PIMCO), which plan...
Shareholder Alert: Ademi LLP investigates whether Columbia Property Trust, Inc. has obtained a Fair Price in its tran...
MILWAUKEE, Sept. 7, 2021 /PRNewswire/ -- Ademi LLP is investigating Columbia (NYSE: CXP), for possible breaches of fiduciary duty and other violations of law in its transaction with PIMCO.
CXP Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Columbia Property Trust, ...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Columbia Property Trust, Inc. (NYSE: CXP) to funds managed by Pacific Investment Mana...
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9 Billio...
NEW YORK & NEWPORT BEACH, Calif.--(BUSINESS WIRE)---- $CXP #CXPCommunity--Columbia Property Trust, Inc. has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Mana...
Columbia Property Trust Declares Third Quarter Dividend
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--The Board of Directors of Columbia Property Trust has declared a regular quarterly cash dividend of $0.21 per share for the third quarter of 2021.
Columbia Property Trust (CXP) Q2 FFO Lag Estimates
Columbia (CXP) delivered FFO and revenue surprises of -3.12% and 0.35%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Columbia Property Trust Releases Second Quarter 2021 Results
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust released its Q2 2021 results in the Investor Relations section of its website.
Columbia Property Trust Secures 33,000 SF of Leasing at 116 Huntington in Boston
BOSTON--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust has secured 33,000 SF of leasing at 116 Huntington in Boston.
Columbia Property Trust Named a Fortune 2021 Best Workplace in New York
NEW YORK--(BUSINESS WIRE)---- $CXP #BestWorkplaces--Columbia Property Trust has been named one of the 2021 Best Workplaces in New York by Fortune magazine and Great Place to Work®.
Columbia Property Trust to Release Second Quarter 2021 Results on July 29
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust will release Q2 2021 results after market close on July 29, 2021 and host a live conference call that day at 5:00 pm ET.
New Strong Sell Stocks for July 1st
BNL, CANG, CXP, FHB and ITRG have been added to the Zacks Rank #5 (Strong Sell) List on July 1, 2021.
Columbia Property Trust Selected as a Gold Level 2021 Green Lease Leader
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust has been named a 2021 Green Lease Leader by the Department of Energy and Institute of Market Transformation.
Columbia Property Trust Declares Second Quarter Dividend
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--The Board of Directors of Columbia Property Trust has declared a regular quarterly cash dividend of $0.21 per share for the second quarter of 2021.
Columbia Property Trust Releases First Quarter 2021 Results
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust released its Q1 2021 results in the Investor Relations section of its website.
Columbia Property Trust Releases 2020 Environmental, Social, and Governance Report
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust has released its 2020 Environmental, Social, and Governance (“ESG”) Report, available at www.columbia.reit/responsibility.
Columbia Property Trust Named a 2021 ENERGY STAR® Partner of the Year
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust has been named a 2021 ENERGY STAR Partner of the Year by the U.S. Environmental Protection Agency and Department of Energy.
Columbia Property Trust to Release First Quarter 2021 Results on April 29
NEW YORK--(BUSINESS WIRE)---- $CXP #CRE--Columbia Property Trust will release Q1 2021 results after market close on April 29, 2021 and host a live conference call that day at 5:00 pm ET.