OFC - Corporate Office Properties Trust
26.30 0.00 (0.00%)
After hours: 4:52PM EDT
| Previous Close | 27.44 |
| Open | 27.40 |
| Bid | 26.04 x 800 |
| Ask | 26.30 x 1100 |
| Day's Range | 26.19 - 27.41 |
| 52 Week Range | 20.04 - 31.01 |
| Volume | 1,296,635 |
| Avg. Volume | 628,293 |
| Market Cap | 2.98B |
| Beta (3Y Monthly) | 1.13 |
| PE Ratio (TTM) | 36.99 |
| EPS (TTM) | 0.71 |
| Earnings Date | Jul 24, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 1.10 (3.80%) |
| Ex-Dividend Date | 2019-06-27 |
| 1y Target Est | 29.31 |
- Business Wire•6 days ago
COPT Completes Data Center Shell Joint Venture
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) announces the formation of a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) to acquire seven of COPT’s existing, single-tenant, data center shell properties, which contain 1.2 million square feet of warehouse space, for a total value of approximately $265 million. COPT received $238.5 million in proceeds from this transaction. The joint venture will be owned 90% by BREIT and 10% by COPT.
- American City Business Journals•14 days ago
Amazon to acquire large property in Herndon
Amazon.com Inc. (NASDAQ: AMZN) subsidiary VAData Inc. is under contract to acquire an expansive Herndon property from an affiliate of Perspecta Inc., likely for the purposes of growing its Northern Virginia data center portfolio, according to multiple sources with knowledge of the deal. The property, assessed by Fairfax County at $80.7 million, includes adjacent mid-1980s office buildings totaling nearly 470,000 square feet, a parking garage and additional land. It is unclear if Perspecta (NYSE PRSP) will sell the entire site, or retain some piece for itself, but sources say demolition and data centers are anticipated.
- Markit•15 days ago
See what the IHS Markit Score report has to say about Corporate Office Properties Trust.
Corporate Office Properties Trust NYSE:OFCView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for OFC 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. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding OFC totaled $68.39 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•27 days ago
Is Corporate Office Properties Trust's (NYSE:OFC) CEO Pay Fair?
Steve Budorick became the CEO of Corporate Office Properties Trust (NYSE:OFC) in 2016. First, this article will...
- Business Wire•29 days ago
COPT to Present at the 2019 Nareit Investor Conference
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit’s 2019 Investor Conference. A live audio webcast of the presentation and materials encompassing the information provided during the presentation and conference will be available on COPT’s Investors website: https://investors.copt.com/. COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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”).
- American City Business Journals•last month
COPT wrapping up $6M in upgrades at 250 W. Pratt St. (Photos)
The finishing touches are being completed on $6 million in upgrades to portions of the 250 W. Pratt St. office tower, a signature building along Baltimore's skyline. The conversion of the 33-year-old downtown tower's lobby and entryway is part of the ongoing trend of revamping older office spaces in Baltimore's central business district to attract new tenants with more modern open workspace and amenities. The revisions at 250 W. Pratt were planned by Corporate Office Properties Trust (NYSE: OFC) after the Columbia REIT bought the building for $63.5 million in 2015.
- Business Wire•2 months ago
COPT Declares 86th Consecutive Common Dividend
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per common share for the second quarter ending June 30, 2019. COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”).
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of OFC earnings conference call or presentation 1-May-19 4:00pm GMT
Q1 2019 Corporate Office Properties Trust Earnings Call
- Business Wire•2 months ago
COPT Publishes 2018 Sustainability Report
Included in the 2018 Sustainability Report are selected highlights from the 2018 Global Real Estate Sustainability Benchmark (“GRESB”) survey where COPT earned its 4th consecutive Green Star rating. The GRESB annual survey is the global real estate industry’s most rigorous assessment of sustainability performance and its Green Star rating represents high achievement in each of the survey’s seven aspects. COPT’s 2018 Sustainability Report outlines the Company’s dedication to providing transparency in environmental, social and governance ("ESG") practices that constitute its corporate sustainability platform.
- Simply Wall St.•2 months ago
Have Insiders Been Buying Corporate Office Properties Trust (NYSE:OFC) Shares?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! We've lost count of how many times insiders have accumulated shares in a company that goes on to improve...
- Insider Monkey•2 months ago
Were Hedge Funds Right About Flocking Into Corporate Office Properties Trust (OFC) ?
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
- Associated Press•2 months ago
Corporate Office Properties: 1Q Earnings Snapshot
COLUMBIA, Md. (AP) _ Corporate Office Properties Trust (OFC) on Tuesday reported a key measure of profitability in its first quarter. The results matched Wall Street expectations. The Columbia, Maryland-based real estate investment trust said it had funds from operations of $56.8 million, or 50 cents per share, in the period.
- Business Wire•2 months ago
COPT Reports First Quarter 2019 Results
EPS of $0.19 Exceeds Guidance; FFO per Share of $0.50 Meets High-End of RangeStrong Same-Property Cash NOI Growth of 4.7%Core Portfolio 92.8% Occupied & 93.7% LeasedSolid Tenan
- Business Wire•2 months ago
COPT to Build Four-Building Campus for Yulista at Redstone Gateway
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) executed a series of leases to construct a four-building campus at Redstone Gateway for Yulista Holding LLC (“Yulista”), an aerospace defense contractor formed in Alaska and headquartered in Huntsville, AL. Yulista’s campus will consist of a multi-story office building and three supporting R&D facilities that are scheduled to be shell complete during the second and third quarters of 2020.
- Business Wire•2 months ago
8800 Redstone Gateway Now 100% Leased to Two Defense Contractors
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) completed a 37,400 square foot lease with an aerospace defense contractor at 8800 Redstone Gateway, the 76,000 square foot building under construction at COPT’s mixed-use, Class-A business park that supports Redstone Arsenal in Huntsville, AL. COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”).
- Business Wire•2 months ago
COPT Executes Two Build-To-Suit Leases Totaling 431,000 SF
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of December 31, 2018, the Company derived 88% of its core portfolio annualized revenue from Defense/IT Locations and 12% from its Regional Office Properties.
- Business Wire•3 months ago
COPT Announces First Quarter 2019 Earnings Conference Call Information
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of December 31, 2018, the Company derived 88% of its core portfolio annualized revenue from Defense/IT Locations and 12% from its Regional Office Properties.
- Business Wire•3 months ago
COPT Announces 4000 Market Street at Redstone Gateway Now 100% Leased
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) completed a 16,000 square foot lease with a defense contractor at 4000 Market Street, a 43,000 square foot building under construction at Redstone Gateway—COPT’s mixed-use, Class-A business park that supports Redstone Arsenal in Huntsville, AL. COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”).
- American City Business Journals•3 months ago
Wells Fargo Advisors moving to 100 Light St.
Moving to the Transamerica building at 100 Light Street will allow Wells Fargo Advisors to consolidate its employees onto one floor and lay out its space more efficiently.
- Simply Wall St.•3 months ago
Should You Invest In Corporate Office Properties Trust (NYSE:OFC)?
Corporate Office Properties Trust is a US$3.0b mid-cap, real estate investment trust (REIT) based in Columbia, United States. REITs are basically a portfolio of income-producing real estate investments, which areRead More...
- Business Wire•4 months ago
COPT Executes 50% Pre-Lease with Defense Contractor at 8800 Redstone Gateway
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) completed a 38,000 square foot lease with a defense contractor at 8800 Redstone Gateway, a 76,000 square foot building under construction at Redstone Gateway—COPT’s mixed-use, Class-A development that supports Redstone Arsenal in Huntsville, AL. With this transaction, COPT’s active construction pipeline of 1.1 million square feet in nine separate developments is now 84% leased.
- Business Wire•4 months ago
COPT to Present at Citi's 2019 Global Property CEO Conference
Corporate Office Properties Trust (“COPT” or the “Company”) (OFC) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at Citi’s 2019 Global Property CEO Conference. The presentation will be held on March 4, 2019 at 8:10 a.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida. A live audio webcast of the presentation and materials encompassing the information provided during the presentation and conference will be available in the ‘Investors’ section of the Company’s website, www.copt.com.
- GlobeNewswire•4 months ago
New Research Coverage Highlights American Airlines Group, Hilton Worldwide, First American Financial, Western Gas Equity Partners, LP, Mellanox Technologies, and Corporate Office Properties Trust — Consolidated Revenues, Company Growth, and Expectations for 2019
NEW YORK, Feb. 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
