CORPORATE OFFICE PROPERTIES (OFC) Stock Price, Forecast & Analysis

NYSE:OFC • US22002T1088

24.94 USD
+0.39 (+1.59%)
At close: Sep 14, 2023
24.94 USD
0 (0%)
After Hours: 9/14/2023, 9:45:33 PM

OFC Key Statistics, Chart & Performance

Key Statistics
Market Cap2.81B
Revenue(TTM)711.05M
Net Income(TTM)191.77M
Shares112.53M
Float0
52 Week High28.69
52 Week Low21.59
Yearly Dividend1.1
Dividend Yield4.57%
EPS(TTM)1.71
PE14.58
Fwd PE21.47
Earnings (Next)10-25
IPO1991-12-31
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryOffice REITs
OFC short term performance overview.The bars show the price performance of OFC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 2 -2 4 6 8

OFC long term performance overview.The bars show the price performance of OFC in the last 1, 2 and 3 years. 1 year 2 years 3 years -0.5 -1 -1.5 -2

The current stock price of OFC is 24.94 USD. In the past month the price decreased by -0.52%. In the past year, price decreased by -2.08%.

CORPORATE OFFICE PROPERTIES / OFC Daily stock chart

OFC Technical Analysis

ChartMill assigns a technical rating of 3 / 10 to OFC. When comparing the yearly performance of all stocks, OFC turns out to be only a medium performer in the overall market: it outperformed 51.31% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating
OFC Full Technical Analysis Report

OFC Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to OFC. While OFC belongs to the best of the industry regarding profitability, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
OFC Full Fundamental Analysis Report

OFC Financial Highlights

Over the last trailing twelve months OFC reported a non-GAAP Earnings per Share(EPS) of 1.71. The EPS increased by 35.71% compared to the year before.


Industry RankSector Rank
PM (TTM) 26.97%
ROA 4.59%
ROE 11.11%
Debt/Equity 1.23
Chartmill High Growth Momentum
EPS Q2Q%34.62%
Sales Q2Q%-14.31%
EPS 1Y (TTM)35.71%
Revenue 1Y (TTM)-39.95%
OFC financials

OFC Forecast & Estimates

13 analysts have analysed OFC and the average price target is 29.47 USD. This implies a price increase of 18.15% is expected in the next year compared to the current price of 24.94.

For the next year, analysts expect an EPS growth of -0.32% and a revenue growth 9.39% for OFC


Analysts
Analysts80
Price Target29.47 (18.16%)
EPS Next Y-0.32%
Revenue Next Year9.39%
OFC Analyst EstimatesOFC Analyst Ratings

OFC Ownership

Ownership
Inst Owners104.34%
Ins Owners0.74%
Short Float %N/A
Short RatioN/A
OFC Ownership

OFC Competitors/Peers

The largest stocks on the US markets in the "Office REITs" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
BXP BXP INC27.069.453B
VNO VORNADO REALTY TRUST N/A5.387B
CUZ COUSINS PROPERTIES INC73.683.924B
CDP COPT DEFENSE PROPERTIES24.113.695B
KRC KILROY REALTY CORP61.433.694B
SLG SL GREEN REALTY CORP N/A2.631B
HIW HIGHWOODS PROPERTIES INC24.132.518B
DEI DOUGLAS EMMETT INC N/A1.696B
DEA EASTERLY GOVERNMENT PROPERTI50.371.083B
ESRT EMPIRE STATE REALTY TRUST-A97.061.026B

About OFC

Company Profile

OFC logo image Corporate Office Properties Trust is a real estate investment trust. The company is headquartered in Columbia, Maryland and currently employs 395 full-time employees. The company owns, manages, leases, develops, and selectively acquires office and data center properties. Its segments include Defense/IT Locations, Regional Offices, and others. The firm's portfolio is in locations that support the United States Government and its contractors, which are engaged in national security, defense and information technology (IT) related activities servicing. The company owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region. The firm has approximately 194 properties totaling over 23.0 million square feet comprised of 17.7 million square feet in 166 office properties and 5.3 million square feet in 28 single-tenant data center shells. The company has owned over 21 of these data center shells through unconsolidated real estate joint ventures. The company also has over seven properties under development.

Company Info

CORPORATE OFFICE PROPERTIES

Suite 300, 6711 Columbia Gateway Drive

Columbia MARYLAND 21046 US

CEO: Stephen E. Budorick

Employees: 395

OFC Company Website

Phone: 14432855400.0

CORPORATE OFFICE PROPERTIES / OFC FAQ

Can you describe the business of CORPORATE OFFICE PROPERTIES?

Corporate Office Properties Trust is a real estate investment trust. The company is headquartered in Columbia, Maryland and currently employs 395 full-time employees. The company owns, manages, leases, develops, and selectively acquires office and data center properties. Its segments include Defense/IT Locations, Regional Offices, and others. The firm's portfolio is in locations that support the United States Government and its contractors, which are engaged in national security, defense and information technology (IT) related activities servicing. The company owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region. The firm has approximately 194 properties totaling over 23.0 million square feet comprised of 17.7 million square feet in 166 office properties and 5.3 million square feet in 28 single-tenant data center shells. The company has owned over 21 of these data center shells through unconsolidated real estate joint ventures. The company also has over seven properties under development.


Can you provide the latest stock price for CORPORATE OFFICE PROPERTIES?

The current stock price of OFC is 24.94 USD. The price increased by 1.59% in the last trading session.


Does OFC stock pay dividends?

CORPORATE OFFICE PROPERTIES (OFC) has a dividend yield of 4.57%. The yearly dividend amount is currently 1.1.


What is the ChartMill rating of CORPORATE OFFICE PROPERTIES stock?

OFC has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


What do analysts say about CORPORATE OFFICE PROPERTIES (OFC) stock?

13 analysts have analysed OFC and the average price target is 29.47 USD. This implies a price increase of 18.15% is expected in the next year compared to the current price of 24.94.


Can you provide the sector and industry classification for CORPORATE OFFICE PROPERTIES?

CORPORATE OFFICE PROPERTIES (OFC) operates in the Real Estate sector and the Diversified REITs industry.


Is CORPORATE OFFICE PROPERTIES (OFC) expected to grow?

The Revenue of CORPORATE OFFICE PROPERTIES (OFC) is expected to grow by 9.39% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.