ODP - Office Depot, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.32
0.00 (0.00%)
At close: 4:00PM EDT
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Previous Close2.32
Open2.32
Bid2.26 x 40000
Ask2.40 x 3000
Day's Range2.29 - 2.38
52 Week Range2.00 - 6.26
Volume3,449,690
Avg. Volume5,554,064
Market Cap1.294B
Beta2.57
PE Ratio (TTM)6.93
EPS (TTM)0.34
Earnings DateAug 7, 2018 - Aug 13, 2018
Forward Dividend & Yield0.10 (4.55%)
Ex-Dividend Date2018-03-01
1y Target Est3.10
Trade prices are not sourced from all markets
  • Office Depot CEO on e-commerce and future of the business
    Yahoo Finance Video7 days ago

    Office Depot CEO on e-commerce and future of the business

    Office Depot shares soaring on Wednesdady as the company unveiled new details on its strategic transformation at an investor day in New York PLUS news that David Einhorn's Greenlight Capital took a sizable stake in the retailer helped shares. CEO of Office Depot, Gerry Smith, is here to talk to us about the future for the company.

  • Yahoo Finance Live: The Final Round - May 16th, 2018
    Yahoo Finance Video8 days ago

    Yahoo Finance Live: The Final Round - May 16th, 2018

    Yahoo Finance's LIVE stock market coverage and analysis.

  • Investopedia2 hours ago

    13F: What Einhorn's Greenlight Capital Bought in Q1

    Last quarter, billionaire David Einhorn took on eight new positions and increased the size of two prior stakes, according to a report by Street Insider. The news became available to the public as a result of the 13F filing submitted to the SEC by Einhorn's Greenlight Capital. Greenlight, along with all other hedge funds and institutional investors managing at least $100 million in assets, was required to submit filings within 45 days of the end of the first quarter of the year.

  • Moody's20 hours ago

    Wachovia Bank Commercial Mortgage Trust 2003-C7 -- Moody's Affirms Three Classes of WBCMT 2003-C7

    The ratings on the P&I classes, Classes F and G, were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The rating on the P&I class, Class H, was affirmed because the rating is consistent with Moody's realized losses. Moody's rating action reflects a base expected loss of 0% of the current pooled balance, the same as at Moody's last review.

  • InvestorPlace7 days ago

    It’s Time to Grab Office Depot Inc Stock on the Upswing

    David Einhorn’s Greenlight Capital added 2.1 million shares of Office Depot Inc (NASDAQ:ODP) and 212,500 shares of Abercrombie & Fitch Co. (NYSE:ANF) in the first quarter while also jettisoning some well-known names. With retail seemingly in a better place these days, does either Office Depot stock or ANF stock make sense in your portfolio? Office Depot stock is down 33% year to date through May 15.

  • Office Depot Stock Jumps 5% on Strategic Initiatives Update
    Market Realist7 days ago

    Office Depot Stock Jumps 5% on Strategic Initiatives Update

    Office Depot expects revenue from services to reach 20% of total sales by 2020. The company also introduced “workonomy,” the company’s plan for offering integrated business services to enterprise customers as well as SMB (small and medium-size business) customers. More importantly, Office Depot added that “workonomy” will help SMBs to create support based on their business requirements. Office Depot stock surged 5.1% on May 16.

  • Stocks rebound as retail leads the way
    Yahoo Finance8 days ago

    Stocks rebound as retail leads the way

    Wall Street rebounding as an unlikely sector boosts stocks.

  • Business Wire8 days ago

    Office Depot Provides Update on Strategic Transformation to Become an Omni-Channel Business Services Platform

    Office Depot, Inc. (ODP), a leading omni-channel provider of business services, products and technology solutions, today is hosting an Investor and Analyst Day: Depot. Office Depot Chief Executive Officer, Gerry Smith, joined by his Executive Leadership team, will outline the compelling market opportunity for business services and Office Depot’s pivot to becoming an omni-channel business services platform, providing end-to-end solutions for businesses of all sizes.

  • CNBC9 days ago

    David Einhorn's Greenlight takes on stakes in Office Depot and Abercrombie

    The hedge fund reported holding 2.1 million shares of Office Depot and 212,500 shares of Abercrombie as of the end of the first quarter

  • What Analysts Are Saying about Office Depot after 1Q18
    Market Realist10 days ago

    What Analysts Are Saying about Office Depot after 1Q18

    Are Office Depot’s Troubles Waning? Since the 1Q18 results, several analysts have revised their price targets for Office Depot. Currently, the analysts’ 12-month average target price is $2.71, which reflects a 17.8% upside to the price of the stock on May 10.

  • Office Depot’s Margin and Earnings for 1Q18
    Market Realist10 days ago

    Office Depot’s Margin and Earnings for 1Q18

    Office Depot’s (ODP) gross margin contracted ~160 bps (basis points) to 23.6% since the cost of goods sold increased more than 8%. The company’s operating margin narrowed by 190 bps to 2.7%, primarily due to an ~8% increase in SG&A (selling, general, and administrative) expenses. Its adjusted operating margin contracted 220 bps to 3.3%, marred by the company’s transformative initiatives and lower sales for the Retail division.

  • Office Depot Stock Surged after 1Q18 Results
    Market Realist10 days ago

    Office Depot Stock Surged after 1Q18 Results

    Are Office Depot’s Troubles Waning? Office Depot (ODP) stock rose 6.5% on May 10 after the company reported its 1Q18 results on May 9. It looks like Office Depot’s transition to becoming a business service provider was a smart move.

  • Thomson Reuters StreetEvents13 days ago

    Edited Transcript of ODP earnings conference call or presentation 9-May-18 1:00pm GMT

    Q1 2018 Office Depot Inc Earnings Call

  • Stocks - Wall Street Registers Gains Amid Risk-On Sentiment; Oil Jumps 2%
    Investing.com15 days ago

    Stocks - Wall Street Registers Gains Amid Risk-On Sentiment; Oil Jumps 2%

    Investing.com - Wall Street opened slightly higher on Wednesday as investors priced in company news and signs of inflation easing, while oil jumped in reaction to President Donald Trump’s decision to withdraw from the Iranian nuclear deal and impose sanctions on the country.

  • Office Depot (ODP) Q1 Earnings Meet, Revenues Beat, Guides Up
    Zacks15 days ago

    Office Depot (ODP) Q1 Earnings Meet, Revenues Beat, Guides Up

    Favorable results and strategic initiatives, including strengthening of core businesses and expansion of service and subscription offerings, prompted Office Depot (ODP) to provide an encouraging outlook.

  • Stocks - U.S. Futures Back in Rally Mode, Oil Jumps 2%
    Investing.com15 days ago

    Stocks - U.S. Futures Back in Rally Mode, Oil Jumps 2%

    Investing.com - U.S. futures pointed to a higher open on Wednesday as investors continued to digest President Donald Trump’s decision to withdraw from the Iranian nuclear deal and impose sanctions on the country, while looking ahead to more earnings reports and inflation data.

  • Office Depot’s 1Q18 Results and Outlook Boost Stock 4.2%
    Market Realist15 days ago

    Office Depot’s 1Q18 Results and Outlook Boost Stock 4.2%

    After Office Depot (ODP) announced its 1Q18 results today, its stock had risen 4.2% as of 8:00 AM ET (Eastern Time). The company reported sales of $2.8 billion, beating analysts’ estimate of $2.7 billion and marking a 5.8% rise YoY (year-over-year), driven by strategic initiatives. Office Depot’s adjusted EPS (earnings per share) from continuing operations were $0.08, in line with Wall Street’s estimate but 50% lower YoY.

  • Benzinga15 days ago

    Benzinga Pro's 5 Stocks To Watch Today

    Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Walmart Inc (NYSE: WMT ) stock was trading lower by ...

  • Associated Press15 days ago

    Office Depot: 1Q Earnings Snapshot

    The Boca Raton, Florida-based company said it had profit of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 8 cents per share. The results matched Wall Street expectations. ...

  • Business Wire15 days ago

    Office Depot Declares Quarterly Cash Dividend of $0.025 Per Share

    Office Depot, Inc. (ODP), a leading omni-channel provider of business services, products and technology, today announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. Office Depot, Inc. (ODP) is a leading provider of business services and supplies, products and technology solutions through its fully integrated omni-channel platform of approximately 1,400 stores, online presence, and dedicated sales professionals and technicians to small, medium and enterprise businesses. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, the company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.

  • Business Wire15 days ago

    Office Depot Announces First Quarter 2018 Results

    Office Depot, Inc. , a leading omni-channel provider of business services and supplies, products and technology solutions, today announced results for the first quarter ended March 31, 2018.

  • Day Ahead: Top 3 Things to Watch
    Investing.com16 days ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • A Look at Bottom-Line Expectations for Office Depot in 1Q18
    Market Realist16 days ago

    A Look at Bottom-Line Expectations for Office Depot in 1Q18

    In 1Q18, analysts expect Office Depot’s (ODP) adjusted EPS (earnings per share) to fall 50% YoY (year-over-year) to $0.08 from $0.16, and its adjusted net income to fall YoY to $43.3 million from $88.0 million. Lower sales (mainly due to store closures) and profitability (due to ongoing investments) could weigh on Office Depot’s bottom line. Its gross margin is expected to contract YoY to 24.9% from 25.2%, and its adjusted operating margin is expected to contract YoY to 3.3% from 5.6%.

  • What Analysts Project for Office Depot’s 1Q18 Sales
    Market Realist17 days ago

    What Analysts Project for Office Depot’s 1Q18 Sales

    Office Depot (ODP) is scheduled to report its 1Q18 results on May 9. Analysts expect the company to report sales of $2.7 billion, marking a 1.7% YoY (year-over-year) rise. In contrast, its sales fell 7% in 1Q17.

  • Where Office Depot Stock Is Heading
    Market Realist17 days ago

    Where Office Depot Stock Is Heading

    As of May 3, Office Depot (ODP) stock had fallen 35.9% YTD (year-to-date). The company is scheduled to report its 1Q18 results on May 9. The stock price movement isn’t likely to change much as analyst projections have been subdued. Though sales are expected to increase 1.7%, its adjusted earnings per share are expected to fall 50% as a result of lower sales (due to store closures) and ongoing investments.