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Columbia Property Trust, Inc. (CXP)

NYSE: CXP · IEX Real-Time Price · USD
19.14 -0.01 (-0.05%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap2.20B
Revenue (ttm)272.75M
Net Income (ttm)98.94M
Shares Out114.14M
EPS (ttm)0.85
PE Ratio22.49
Forward PEn/a
Dividend$0.84 (4.39%)
Ex-Dividend DateAug 31, 2021
Volume628,588
Open19.13
Previous Close19.15
Day's Range19.10 - 19.15
52-Week Range9.58 - 19.24
Beta1.21
AnalystsBuy
Price Target18.71 (-2.2%)
Est. Earnings DateOct 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...

IndustryEquity Real Estate Investment Trusts (REITs)
CEOE. Nelson Mills
Employees160
Stock ExchangeNYSE
Ticker SymbolCXP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.71
(-2.25% downside)
Analyst Consensus: Buy

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...

2 weeks ago - PRNewsWire

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.

2 weeks ago - Business Wire

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.

1 month ago - PRNewsWire

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.

1 month ago - Business Wire

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...

1 month ago - PRNewsWire

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 ...

1 month ago - Business Wire

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...

1 month ago - PRNewsWire

Here's Why Columbia Property Trust Soared on Tuesday

The REIT's shareholders just got some big news.

1 month ago - The Motley Fool

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...

1 month ago - Benzinga

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.

1 month ago - PRNewsWire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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.

2 months ago - Business Wire

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?

2 months ago - Zacks Investment Research

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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®.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

Other symbols:BNLCANGFHBITRG
3 months ago - Zacks Investment Research

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

6 months ago - Business Wire

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.

6 months ago - Business Wire