Corporate Office Properties Trust (OFC)
| Market Cap | 3.35B |
| Revenue (ttm) | 625.29M |
| Net Income (ttm) | 66.65M |
| Shares Out | 112.18M |
| EPS (ttm) | 0.59 |
| PE Ratio | 49.73 |
| Forward PE | n/a |
| Dividend | $1.10 |
| Dividend Yield | 3.74% |
| Trading Day | July 30 |
| Last Price | $29.44 |
| Previous Close | $29.78 |
| Change ($) | -0.34 |
| Change (%) | -1.14% |
| Day's Open | 29.65 |
| Day's Range | 29.39 - 30.51 |
| Day's Volume | 1,140,591 |
| 52-Week Range | 21.02 - 30.51 |
Corporate Office Properties (OFC) delivered FFO and revenue surprises of 3.57% and 1.71%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced results for the second quarter ended June 30, 2021. Management Comments Stephen E. Budor...
Let's see if Corporate Office Properties (OFC) stock is a good choice for value-oriented investors right now from multiple angles.
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for second quarter 2021 results as follows:...
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) executed two leases totaling 178,500 square feet at Redstone Gateway with a defense contractor tha...
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) executed a build-to-suit lease with a defense contractor that is a Fortune 100 company at The Nati...
Approximately $107 Million of Equity to COPT Approximately $107 Million of Equity to COPT
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...
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 comm...
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) executed a long-term lease with a Fortune 500 company for a 265,000 square foot, build-to-suit dev...
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?
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...
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...
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: ...
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...
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...
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...
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...
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...
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...
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...
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...
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' ...
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...
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?
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...
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, ...
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 ...
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...
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...
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...
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...
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...
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.
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, ...
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...
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%.
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...
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...
Corporate Office Properties Trust (OFC) CEO Steve Budorick on Q3 2020 Results - Earnings Call Transcript
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?
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...
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: ...
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, ...
Corporate Office Properties: A Safe 4.7% Yield From A Defensive Play
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...
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.
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.
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P.
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P.
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 |
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%.
Analyst Forecasts
According to 14 analysts, the average rating for OFC stock is "Buy." The 12-month stock price forecast is 31.58, which is an increase of 7.27% from the latest price.