ODP - Office Depot, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.4400
-0.1500 (-5.79%)
At close: 4:00PM EST

2.4600 +0.02 (0.82%)
After hours: 6:47PM EST

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Trade prices are not sourced from all markets
Previous Close2.5900
Open2.5600
Bid2.4500 x 45900
Ask2.4600 x 45100
Day's Range2.4400 - 2.6000
52 Week Range1.2300 - 3.8200
Volume8,186,246
Avg. Volume6,715,876
Market Cap1.26B
Beta (3Y Monthly)2.54
PE Ratio (TTM)44.36
EPS (TTM)0.0550
Earnings DateNov 6, 2019
Forward Dividend & Yield0.10 (3.94%)
Ex-Dividend Date2019-11-21
1y Target Est2.03
  • ODP vs. TSCO: Which Stock Should Value Investors Buy Now?
    Zacks

    ODP vs. TSCO: Which Stock Should Value Investors Buy Now?

    ODP vs. TSCO: Which Stock Is the Better Value Option?

  • How one family went from being $55,000 in debt to saving $350,000 — ‘the fun money really allows us spend on junk’
    MarketWatch

    How one family went from being $55,000 in debt to saving $350,000 — ‘the fun money really allows us spend on junk’

    More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra (NSANY) and the wedding band and engagement ring he bought on a credit card for his bride. With all their money tied up in their cars and debts, they couldn’t afford to spend on other activities or experiences, said Ryan, a 35-year-old police lieutenant at a large law enforcement agency in Arizona.

  • Sally Beauty (SBH) Earnings & Sales Surpass Q4 Estimates
    Zacks

    Sally Beauty (SBH) Earnings & Sales Surpass Q4 Estimates

    Sally Beauty (SBH) posts better-than-expected results for fourth-quarter fiscal 2019. Encouragingly, management issues positive FY19 guidance.

  • Office Depot (ODP) Tops Q3 Earnings Estimates, Stock Up 16%
    Zacks

    Office Depot (ODP) Tops Q3 Earnings Estimates, Stock Up 16%

    Office Depot (ODP) posts impressive earnings results in third-quarter 2019, owing to its cost-containment efforts. Also, it reiterates view for the year.

  • Should Value Investors Buy Office Depot (ODP) Stock?
    Zacks

    Should Value Investors Buy Office Depot (ODP) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Office Depot to close 90 stores over next two years
    American City Business Journals

    Office Depot to close 90 stores over next two years

    Office Depot shuttered dozens of stores in 2019 and revealed plans to cut more locations over the next two years. Office Depot's stock was up 15% to $2.53 a share ahead of the Thursday market open. Office Depot continues to shift away from the brick-and-mortar retail segment of its business and as it doubles down on business-to-business services and distribution.

  • MarketWatch

    Office Depot's stock surges after profit beat, review of holding company reorganization announced

    Shares of Office Depot Inc. shot up 7.8% toward a 6-month high in premarket trading Wednesday, after the office-supply retailer beat profit expectations, said it was reviewing implementing a holding company reorganization and increased its stock repurchase program. Net income was $60 million, or 11 cents a share, unchanged from a year ago. Excluding non-recurring items, adjusted EPS rose to 15 cents from 13 cents, above the FactSet consensus of 13 cents. Sales fell 4% to $2.78 billion, below the FactSet consensus of $2.83 billion. The company affirmed its 2019 sales guidance range of $10.8 billion to $10.9 billion, compared with the FactSet consensus of $10.8 billion. The company said if a reorganization is implemented, a new holding company would be created, named ODP Corp., that will become the new parent of Office Depot. The stock would still trade on the Nasdaq under the ticker symbol "ODP." The stock has tumbled 15.1% year to date through Tuesday, while the S&P 500 has rallied 22.7%.

  • Office Depot (ODP) Q3 Earnings Surpass Estimates
    Zacks

    Office Depot (ODP) Q3 Earnings Surpass Estimates

    Office Depot (ODP) delivered earnings and revenue surprises of 7.14% and -1.70%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    Office Depot, Inc. Announces Review of Potential Holding Company Reorganization

    Office Depot, Inc. (“Office Depot” or the “Company”) (ODP), a leading integrated business-to-business distribution platform of business services and supplies, today announced that its Board of Directors has approved a feasibility review of the implementation of a holding company reorganization, which is expected to be completed by the end of the first quarter of 2020. If implemented, the reorganization is anticipated to create a new holding company, The ODP Corporation, that will become the new parent company of Office Depot and will replace Office Depot as the public company trading on Nasdaq under Office Depot’s current ticker symbol “ODP”. If the holding company reorganization is implemented, existing shares of Office Depot, Inc. would be automatically converted on a one-for-one basis into shares of common stock of The ODP Corporation.

  • Business Wire

    Office Depot Increases and Extends Existing Stock Repurchase Program and Declares Quarterly Cash Dividend of $0.025 Per Share

    Office Depot, Inc. (ODP), a leading provider of business services and supplies, products and technology solutions, today announced that as part of its ongoing commitment to drive shareholder value, its Board of Directors approved an increase in the authorization of its existing stock repurchase program to $200 million and an extension of the program until the end of 2021. The new authorization includes the remaining authorized amount under the Company’s previous stock repurchase program. Accordingly, the Company will have approximately $190 million available for share repurchases.

  • Business Wire

    Office Depot Announces Third Quarter 2019 Results

    Disciplined focus on profitability drives strong operating results and cash flow generation

  • Business Wire

    CompuCom Partners with Intel on Remote Endpoint Management

    CompuCom®, a leading provider of managed digital workplace services and a subsidiary of Office Depot, Inc. (ODP), today announced that it has collaborated with Intel to integrate the Intel vPro platform with Intel® Active Management Technology (Intel AMT) into CompuCom’s signature digital and automation platforms – providing simple and powerful cloud-based remote endpoint management, including proactive PC maintenance for remote diagnosis and repair.

  • Factors to Know Ahead of Office Depot's (ODP) Q3 Earnings
    Zacks

    Factors to Know Ahead of Office Depot's (ODP) Q3 Earnings

    Office Depot (ODP) has been focusing on business operating model, viable projects and cost structure, and making incremental investments to increase the revenue contribution from services.

  • Business Wire

    Office Depot Provides Solutions to Help Small Businesses Unleash Their Full Potential This Holiday Season and Beyond

    Shopping Season Solved with Services, Products and Black Friday Deals to Help Businesses Prepare for the Holiday Season and Conquer Their End of the Year To-Do Lists

  • Office Depot (ODP) Flat As Market Gains: What You Should Know
    Zacks

    Office Depot (ODP) Flat As Market Gains: What You Should Know

    In the latest trading session, Office Depot (ODP) closed at $2.08, marking no change from the previous day.

  • Office Depot (ODP) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    Office Depot (ODP) Reports Next Week: Wall Street Expects Earnings Growth

    Office Depot (ODP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Is Office Depot Inc (ODP) A Good Stock To Buy?
    Insider Monkey

    Is Office Depot Inc (ODP) A Good Stock To Buy?

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of June 28. In this […]

  • Office Depot (ODP) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Office Depot (ODP) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Office Depot (ODP) closed at $1.98, marking a -1.49% move from the previous day.

  • ODP vs. FIVE: Which Stock Is the Better Value Option?
    Zacks

    ODP vs. FIVE: Which Stock Is the Better Value Option?

    ODP vs. FIVE: Which Stock Is the Better Value Option?

  • Business Wire

    Office Depot to Announce Third Quarter 2019 Results Wednesday, November 6, 2019

    Office Depot, Inc. , a leading B2B integrated distribution platform of business services and supplies, will announce third quarter 2019 results before market open on Wednesday, November 6, 2019.

  • MarketWatch

    Michaels gives interim CEO the permanent job

    The Michaels Companies Inc. said Tuesday that it had tapped its interim chief executive to take on that role permanently. Mark Cosby had been serving in the interim chief executive position since February 2019 and had stints at Office Depot Inc. , CVS Health Corp.'s Caremark, and Macy's Inc. prior to joining the crafts retailer. "The search committee conducted an exhaustive evaluation of many outstanding candidates and unanimously concluded that Mark brings the right strategic vision and operating skill to lead Michaels into a new chapter," Chairman James Quella said in a release. Michaels shares were inactive in premarket trading. The stock has tumbled 27% so far this year, while the S&P 500 has gained 20%.

  • What Is Office Depot's (NASDAQ:ODP) P/E Ratio After Its Share Price Rocketed?
    Simply Wall St.

    What Is Office Depot's (NASDAQ:ODP) P/E Ratio After Its Share Price Rocketed?

    Office Depot (NASDAQ:ODP) shareholders are no doubt pleased to see that the share price has had a great month, posting...

  • Are Investors Undervaluing Office Depot (ODP) Right Now?
    Zacks

    Are Investors Undervaluing Office Depot (ODP) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Business Wire

    Office Depot Distributes Over $2.5 Million in Supplies to Underserved Schools Nationwide

    Office Depot, Inc. (ODP), a leading B2B integrated distribution platform of business services and supplies, recently distributed over $2.5 million in school supplies to help tens of thousands of students and teachers go “Back to School Proud” this year through philanthropic programs focused on empowering education and supporting schools in underserved communities. Through its Start Proud!® community investment program, Office Depot donated more than 18,000 brand-new backpacks filled with school supplies, valued collectively at over $1.5 million, to students at 18 Title I elementary schools nationwide. Office Depot’s Start Proud!® initiative was created to make a substantial difference in the lives of students, parents and teachers at Title I schools, by ensuring they receive the supplies they need to succeed throughout the school year.

  • Why Office Depot Has Turnaround Potential
    GuruFocus.com

    Why Office Depot Has Turnaround Potential

    The company’s strategy could boost its financial prospects Continue reading...