CORPORATE OFFICE PROPERTIES (OFC) Stock Price & Overview

NYSE:OFC • US22002T1088

Current stock price

24.94 USD
+0.39 (+1.59%)
At close:
24.94 USD
0 (0%)
After Hours:

The current stock price of OFC is 24.94 USD. Today OFC is up by 1.59%. In the past month the price decreased by -0.52%. In the past year, price decreased by -2.08%.

OFC Key Statistics

52-Week Range21.59 - 28.69
Current OFC stock price positioned within its 52-week range.
1-Month Range24.26 - 26.29
Current OFC stock price positioned within its 1-month range.
Market Cap
2.806B
P/E
14.58
Fwd P/E
21.47
EPS (TTM)
1.71
Dividend Yield
4.57%

OFC Stock Performance

Today
+1.59%
1 Week
+1.96%
1 Month
-0.52%
3 Months
+3.14%
Longer-term
6 Months +9.05%
1 Year -2.08%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

OFC Stock Chart

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 Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to OFC. While OFC has a great profitability rating, there are quite some concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

OFC Earnings

Next Earnings DateOct 25, 2023
Last Earnings DateJul 27, 2023
PeriodQ2 / 2023
EPS Reported$0.27
Revenue Reported
EPS Surprise -2.79%
Revenue Surprise 111,284.99%

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 Groups

Sector & Classification

Sub-Industry
Office REITs
Index Membership

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.


Income Statements
Revenue(TTM)711.05M
Net Income(TTM)191.77M
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 Ownership

Ownership
Inst Owners104.34%
Shares112.53M
Float0
Ins Owners0.74%
Short Float %N/A
Short RatioN/A

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

IPO: 1991-12-31

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.