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CoreSite Realty Corp (COR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

CoreSite Realty Corp (COR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CoreSite Realty Corp is a fully integrated, self-administered and self-managed real estate investment trust. The Company is engaged in the business of owning, acquiring, constructing and operating data centers. CoreSite Realty Corp has a market cap of $3.55 billion; its shares were traded at around $96.75 with a P/E ratio of 45.64 and P/S ratio of 6.30. The dividend yield of CoreSite Realty Corp stocks is 4.28%. CoreSite Realty Corp had annual average EBITDA growth of 13.10% over the past five years.

For the last quarter CoreSite Realty Corp reported a revenue of $139.1 million, compared with the revenue of $125.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $544.4 million, an increase of 13% from last year. For the last five years CoreSite Realty Corp had an average revenue growth rate of 19% a year. The CoreSite Realty Corp enjoyed an operating margin of 26.15%, compared with the operating margin of 25.94% a year before. The 10-year historical median operating margin of CoreSite Realty Corp is 11.71%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, CoreSite Realty Corp has the cash and cash equivalents of $2.60 million, compared with $5.25 million in the previous year. The long term debt was $1.1 billion, compared with $939.6 million in the previous year. The interest coverage to the debt is 4.3. CoreSite Realty Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $96.75, CoreSite Realty Corp is traded at 83% premium to its historical median P/S valuation band of $52.86. The P/S ratio of the stock is 6.30, while the historical median P/S ratio is 3.44. The stock lost 1.53% during the past 12 months.

For the complete 20-year historical financial data of COR, click here.

This article first appeared on GuruFocus.