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Corporate Office Properties Trust (OFC)

Stock Price: $27.74 USD -0.28 (-1.00%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 3.17B
Revenue (ttm) 625.29M
Net Income (ttm) 66.65M
Shares Out 112.18M
EPS (ttm) 0.59
PE Ratio 46.86
Forward PE n/a
Dividend $1.10
Dividend Yield 3.97%
Trading Day May 10
Last Price $27.74
Previous Close $28.02
Change ($) -0.28
Change (%) -1.00%
Day's Open 28.21
Day's Range 27.72 - 28.42
Day's Volume 698,803
52-Week Range 20.03 - 28.93

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Corporate Office Properties (OFC) delivered FFO and revenue surprises of 1.82% and 0.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) executed a 55,000 square foot lease with Rekor Systems, Inc. (“Rekor”), a provider of real-time ro...

1 week ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced financial and operating results for the first quarter ended March 31, 2021. Management C...

1 week ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for first quarter 2021 results as follows: ...

1 month ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today the expiration of the previously announced cash tender offer by its operating part...

1 month ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Issuer” or...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Issuer” or...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its Board of Trustees elected Raymond L. Owens to serve on the Company's Board, eff...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company a...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P. (the “Issuer”), has co...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE:OFC) announced that its operating partnership, Corporate Office Properties, L.P. (“COPLP” or the “Operat...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P. (the “Issuer”), has co...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) has posted its 2020 Corporate Sustainability Report (the “2020 ESG Report”) in the ‘Latest Updates' ...

2 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per com...

2 months ago - Business Wire

Corporate Office Properties (OFC) delivered FFO and revenue surprises of 3.70% and 3.67%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) is establishing the following guidance for the year ending December 31, 2021: Diluted earnings per...

3 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced financial and operating results for the fourth quarter and full year ended December 31, ...

3 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) announced the 2020 tax treatment of its Common share distributions as described below. Shareholders ...

3 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) reports that on January 1, 2021, the fiscal year 2021 National Defense Authorization Act became la...

3 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for fourth quarter and year end 2020 result...

4 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) recently executed three leases totaling 460,000 square feet. In Northern Virginia, the Company com...

4 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has completed the second and final close of its new joint venture with funds affiliated with Black...

4 months ago - Business Wire

COPT has demonstrated its recession resiliency, with FFO/share growth and strong occupancy metrics. It has an active development pipeline, and management plans to deleverage the balance sheet in the cur...

5 months ago - Seeking Alpha

There are a number of REITs that benefit no matter which day these online sales take place. And they're the ones I want to write about today, with one caution.

Other stocks mentioned: DEA
5 months ago - Seeking Alpha

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE:OFC) announces the appointment of Todd Hartman as Executive Vice President and Chief Operating Officer, ...

5 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per com...

5 months ago - Business Wire

The rally in recovery stocks was on pause today after the Dow Jones and S&P 500 declined. The Dow dropped 207 points, or 0.7%, while the S&P 500 declined by 0.4%.

Other stocks mentioned: CCK, MSCI, MTD, SFM
5 months ago - Forbes

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company a...

6 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the formation of new joint ventures with funds affiliated with Blackstone Real Estate. T...

6 months ago - Business Wire

Corporate Office Properties Trust (OFC) CEO Steve Budorick on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Corporate Office Properties (OFC) delivered FFO and revenue surprises of 3.85% and 5.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced financial and operating results for the third quarter ended September 30, 2020. Manageme...

6 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for third quarter 2020 results as follows: ...

7 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its Board of Trustees has elected Letitia A. Long to serve on the Company’s Board, ...

7 months ago - Business Wire

Corporate Office Properties: A Safe 4.7% Yield From A Defensive Play

7 months ago - Seeking Alpha

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today the expiration of the previously announced cash tender offer by its operating part...

7 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P.

7 months ago - Business Wire

Corporate Office Properties (OFC) will raise $400 million through a 2.250% senior notes offering. Moreover, the company revises guidance for the third and fourth quarters, and the current year.

7 months ago - Zacks Investment Research

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P.

8 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P.

8 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President and CEO, Stephen E.

8 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Following the completion of several new leases in August and early September, Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has executed approxi...

8 months ago - Business Wire

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per com...

8 months ago - Business Wire

As 5G begins to roll out, now is the time to invest in the winners. These are among the best 5G stocks bound for long-term gains.

Other stocks mentioned: BCE, DLR, ERIC, SSNLF, T, VZ, VZA
9 months ago - InvestorPlace

Corporate Office Properties Trust (OFC) CEO Stephen Budorick on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Corporate Office Properties (OFC) delivered FFO and revenue surprises of 2.00% and -0.96%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced financial and operating results for the second quarter ended June 30, 2020.

9 months ago - Business Wire

After thorough research, brokers decide to rate a particular company's stock. Hence, when a broker upgrades a stock, you can easily rely on it.

Other stocks mentioned: CAG, FAST, SNBR, VMI
9 months ago - Zacks Investment Research

OFC vs. PEAK: Which Stock Is the Better Value Option?

Other stocks mentioned: PEAK
10 months ago - Zacks Investment Research

The work-from-home boom triggered by the coronavirus pandemic is creating uncertainties as well as solid prospects for office REITs.

Other stocks mentioned: CIO, CUZ, HIW
10 months ago - Zacks Investment Research

About 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/B... [Read more...]

Industry
REIT-Office
CEO
Stephen Budorick
Employees
406
Stock Exchange
NYSE
Ticker Symbol
OFC
Full Company Profile

Financial Performance

In 2020, OFC's revenue was $609.37 million, a decrease of -4.97% compared to the previous year's $641.23 million. Earnings were $97.37 million, a decrease of -49.20%.

Financial Statements

Analyst Forecasts

According to 14 analysts, the average rating for OFC stock is "Buy." The 12-month stock price forecast is 31.08, which is an increase of 12.04% from the latest price.

Price Target
$31.08
(12.04% upside)
Analyst Consensus: Buy