COR - CoreSite Realty Corporation

NYSE - NYSE Delayed Price. Currency in USD
115.45
+0.77 (+0.67%)
At close: 4:02PM EDT
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Previous Close114.68
Open114.60
Bid108.00 x 1000
Ask0.00 x 800
Day's Range114.16 - 115.65
52 Week Range89.76 - 120.85
Volume247,178
Avg. Volume320,829
Market Cap5.574B
Beta0.12
PE Ratio (TTM)56.04
EPS (TTM)2.06
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield4.12 (3.60%)
Ex-Dividend Date2018-06-28
1y Target Est120.00
Trade prices are not sourced from all markets
  • TheStreet.com5 days ago

    Data Center Stocks Are Worth a Look as Cloud Spending Continues to Grow

    As readers may know, a REIT, or real estate investment trust, doesn't pay taxes at the corporate level. derive revenue in part by offering colocation services to enterprises and service providers, through which clients are able to install servers and other hardware at data centers owned by the REITs.

  • Thomson Reuters StreetEvents8 days ago

    Edited Transcript of COR earnings conference call or presentation 26-Jul-18 4:00pm GMT

    Q2 2018 CoreSite Realty Corp Earnings Call

  • Equinix Continues to Enhance Shareholders’ Wealth
    Market Realist9 days ago

    Equinix Continues to Enhance Shareholders’ Wealth

    On August 8, Equinix (EQIX) declared a regular quarterly cash dividend of $2.28 per share for the third quarter. The dividend is payable on September 19 to shareholders of record as of August 22. The newly declared dividend is 14% higher than the dividend of $2.00 per share that Equinix paid during the third quarter of 2017.

  • What’s Driving Equinix’s Adjusted Earnings and Margin?
    Market Realist9 days ago

    What’s Driving Equinix’s Adjusted Earnings and Margin?

    Equinix’s (EQIX) second-quarter adjusted EBITDA of $604 million rose ~19% on a YoY (year-over-year) basis and surpassed its own guidance range of $579 million–$589 million. Higher revenues and lower integration costs mainly drove the adjusted EBITDA growth. The adjusted EBITDA margin of 47.9% was ahead of the company’s own expectation of 46.3%. However, the EBITDA growth remained flat compared to the second quarter of 2017.

  • Equinix’s Demand and Global Expansion Strategies
    Market Realist9 days ago

    Equinix’s Demand and Global Expansion Strategies

    Equinix’s (EQIX) second-quarter revenues increased 18% YoY (year-over-year) to $1.262 billion and marked sequential growth for the 62nd consecutive quarter. The quarterly revenues were ahead of analysts’ estimates of $1.259 billion and matched the mid-point of management’s guidance range of $1.257 billion–$1.267 billion (the mid-point is $1.262 billion).

  • Equinix’s Second-Quarter Results Beat Analysts’ Expectations
    Market Realist9 days ago

    Equinix’s Second-Quarter Results Beat Analysts’ Expectations

    Equinix (EQIX) reported overwhelming financial results. The company’s top and bottom-line results for the second quarter were ahead of analysts’ estimates and marked a significant YoY (year-over-year) improvement. The key metrics also surpassed the company’s own expectations.

  • Business Wire10 days ago

    CoreSite Receives Final Approval to Expand Planned Development at Its Reston, Virginia Data Center Campus

    CoreSite can now build an incremental 50 megawatts of capacity in Reston to support demand

  • Why Wall Street Loves Data Center REITs—Including Equinix
    Market Realist12 days ago

    Why Wall Street Loves Data Center REITs—Including Equinix

    Equinix’s (EQIX) impressive back-to-back quarterly performances, an encouraging outlook for 2018, and a healthy demand environment for data center services have instilled confidence among analysts. This confidence is easily visible in their ratings on the stock.

  • Equinix to Continue Rewarding Shareholders with Dividend Payments
    Market Realist13 days ago

    Equinix to Continue Rewarding Shareholders with Dividend Payments

    Since its conversion to a REIT in January 2015, Equinix (EQIX) has been consistent in paying and increasing its quarterly cash dividends every year. Most recently, it paid a quarterly cash dividend of $2.28 per share for the second quarter, which was 14% higher than its dividend payment in the second quarter of 2017. At current market prices, the company’s dividend yield is 1.9%. In 2015, 2016 and 2017, Equinix paid regular cash dividend per share of $6.76, $7.00 and $8.00, respectively.  For 2018, the company expects to pay $9. ...

  • See what the IHS Markit Score report has to say about CoreSite Realty Corp.
    Markit15 days ago

    See what the IHS Markit Score report has to say about CoreSite Realty Corp.

    Short interest is low for COR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $1.21 billion over the last one-month into ETFs that hold COR are among the lowest of the last year and appear to be slowing.

  • New Technology Trends Driving Demand for Equinix’s Data Centers
    Market Realist15 days ago

    New Technology Trends Driving Demand for Equinix’s Data Centers

    Emerging trends in the technology sector such as artificial intelligence, big data, cloud computing, IoT (Internet of Things), bring your own device (or BYOD), flash storage, social networking, high-quality video, and wearable devices have brought massive change to the IT storage industry. 

  • Global Expansion, Buyout Strategies to Aid Equinix’s Q2 Revenues
    Market Realist16 days ago

    Global Expansion, Buyout Strategies to Aid Equinix’s Q2 Revenues

    Acquisitions have been a key growth strategy for Equinix (EQIX), which has helped it expand its data center capacity and enter new markets. Over the last three years, the company has almost doubled the size of its business through mergers and acquisitions, bringing the total data center count to 200 on March 31 from 112 at the end of 2015.

  • Equinix’s Q2 Earnings: AI, IoT Driving Demand for Data Centers
    Market Realist16 days ago

    Equinix’s Q2 Earnings: AI, IoT Driving Demand for Data Centers

    Equinix (EQIX) plans to report its second-quarter results on August 8. Wall Street expects the global data center operator to post AFFO (adjusted funds from operations) of $4.99 per share on revenues of $1.26 billion. Analysts seem to be backing their estimates on strong demand for data-center spaces and Equinix’s (EQIX) global expansion initiatives.

  • Business Wire16 days ago

    CoreSite to Present at the Cowen and Company 4th Annual Communications Infrastructure Summit

    CoreSite Realty Corporation , a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced that Steve Smith, Chief Revenue Officer, will present at the Cowen and Company 4th Annual Communications Infrastructure Summit at the St.

  • GlobeNewswire17 days ago

    Recent Analysis Shows Pebblebrook Hotel Trust, Data I/O, PNM Resources, Inc. (Holding Co.), PolyOne, CoreSite Realty, and Rexford Industrial Realty Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, NY, Aug. 02, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders ...

  • Business Wire19 days ago

    CoreSite Realty Corporation Announces Sale of Common Stock by The Carlyle Group

    CoreSite Realty Corporation (COR) (“CoreSite”), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced the sale of 2,250,000 shares of its common stock by investment funds affiliated with The Carlyle Group to Citigroup and Credit Suisse Securities (USA) LLC, as the underwriters in connection with the offering. Upon completion of the offering, investment funds affiliated with The Carlyle Group will continue to hold an aggregate of 11,525,390 partnership units in CoreSite’s operating partnership that they may elect to redeem in whole or in part for cash or, at CoreSite’s option, CoreSite may elect to acquire those operating partnership units submitted for redemption in exchange for shares of its common stock on a one-for-one basis.

  • CoreSite Realty (COR) Surpasses Q2 Earnings and Revenue Estimates
    Zacks23 days ago

    CoreSite Realty (COR) Surpasses Q2 Earnings and Revenue Estimates

    CoreSite (COR) delivered earnings and revenue surprises of 3.23% and 2.44%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • IRM & VTR Q2 Earnings on Jul 27: Here are the Key Predictions
    Zacks24 days ago

    IRM & VTR Q2 Earnings on Jul 27: Here are the Key Predictions

    Will Iron Mountain Incorporated (IRM) and Ventas (VTR) beat Q2 estimates this earnings season?

  • Associated Press24 days ago

    CoreSite: 2Q Earnings Snapshot

    The real estate investment trust, based in Denver, said it had funds from operations of $61.5 million, or $1.28 per share, in the period. The average estimate of 11 analysts surveyed by Zacks Investment ...

  • Business Wire24 days ago

    CoreSite Reports Second-Quarter 2018 Financial Results Reflecting Revenue Growth of 15.7% Year over Year

    CoreSite Realty Corporation , a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced financial results for the second quarter ended June 30, 2018.

  • Business Wire24 days ago

    CoreSite Appoints Steve Smith as Chief Revenue Officer

    CoreSite Realty Corporation (COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced the promotion of Steve Smith to the newly created role of Chief Revenue Officer, effective immediately. In his new role, Mr. Smith will be responsible for all elements of the customer lifecycle related to revenue generating activities, including sales and sales engineering, marketing, and new product innovation. In conjunction with Mr. Smith’s new role, CoreSite has appointed Maile Kaiser as Senior Vice President, Sales.

  • PR Newswirelast month

    GI Partners Renews and Expands CoreSite's One Wilshire Lease

    SAN FRANCISCO, July 11, 2018 /PRNewswire/ -- GI Partners has announced that it has renewed and expanded CoreSite's lease in the One Wilshire building, located at 624 S. Grand Avenue in Los Angeles.  CoreSite, a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., has renewed its existing 162 thousand square feet of space in the building for seven years, and it has expanded into an additional 17 thousand square feet in order to continue to provide high-performance data center solutions to its customers in one of the one of the most network-dense data centers in the world. As part of CoreSite's renewal and expansion at One Wilshire, CoreSite extended the term of its original lease by seven years to 2029, and maintains its three, five-year renewal options, with control over its space through 2044.

  • Data dive: A look at CEO-worker pay ratios at Colorado public companies
    American City Business Journals2 months ago

    Data dive: A look at CEO-worker pay ratios at Colorado public companies

    A provision of the 2010 Dodd-Frank Wall Street Reform Act requires public companies to report the ratio comparing CEO compensation to that of the company's median employee. See how some of Colorado's top public company executives stack up based on this new metric.

  • Business Wire2 months ago

    CoreSite Realty Corporation Schedules Second-Quarter 2018 Earnings Release and Conference Call

    CoreSite Realty Corporation , a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced the company will release its second-quarter 2018 financial results prior to market open on Thursday, July 26, 2018, to be followed by its quarterly conference call at 12:00 p.m.

  • Ciena Blue Planet to Boost CoreSite's Network Architecture
    Zacks2 months ago

    Ciena Blue Planet to Boost CoreSite's Network Architecture

    Ciena (CIEN) collaborates with CoreSite (COR) to help accelerate the latter's service delivery and provide a best-in-class customer experience.