Logo image of OFC

CORPORATE OFFICE PROPERTIES (OFC) Stock Price, Quote, News and Overview

NYSE:OFC - New York Stock Exchange, Inc. - US22002T1088 - REIT - Currency: USD

24.94  +0.39 (+1.59%)

After market: 24.94 0 (0%)

OFC Quote, Performance and Key Statistics

CORPORATE OFFICE PROPERTIES

NYSE:OFC (9/14/2023, 9:45:33 PM)

After market: 24.94 0 (0%)

24.94

+0.39 (+1.59%)

Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryOffice REITs
Statistics
52 Week High28.69
52 Week Low21.59
Market Cap2.81B
Shares112.53M
Float0
Yearly Dividend1.1
Dividend Yield4.57%
PE14.58
Fwd PE21.47
Earnings (Next)10-25 2023-10-25/amc
IPO12-31 1991-12-31


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 Competitors/Peers

The largest stocks on the US markets in the "Office REITs" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
BXP BXP INC 31.7 10.74B
VNO VORNADO REALTY TRUST 55.04 7.61B
CUZ COUSINS PROPERTIES INC 86.85 4.81B
SLG SL GREEN REALTY CORP N/A 4.18B
KRC KILROY REALTY CORP 19.55 3.89B
HIW HIGHWOODS PROPERTIES INC 16.86 3.33B
CDP COPT DEFENSE PROPERTIES 21.94 3.10B
DEI DOUGLAS EMMETT INC 373.25 2.50B
JBGS JBG SMITH PROPERTIES N/A 1.21B
PGRE PARAMOUNT GROUP INC N/A 1.05B
DEA EASTERLY GOVERNMENT PROPERTI 51.71 975.23M
PDM PIEDMONT OFFICE REALTY TRU-A N/A 874.60M

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

What is the stock price of CORPORATE OFFICE PROPERTIES today?

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


What is the ticker symbol for CORPORATE OFFICE PROPERTIES stock?

The exchange symbol of CORPORATE OFFICE PROPERTIES is OFC and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is OFC stock listed?

OFC stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for CORPORATE OFFICE PROPERTIES 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. Check the CORPORATE OFFICE PROPERTIES stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CORPORATE OFFICE PROPERTIES worth?

CORPORATE OFFICE PROPERTIES (OFC) has a market capitalization of 2.81B USD. This makes OFC a Mid Cap stock.


How many employees does CORPORATE OFFICE PROPERTIES have?

CORPORATE OFFICE PROPERTIES (OFC) currently has 395 employees.


What are the support and resistance levels for CORPORATE OFFICE PROPERTIES (OFC) stock?

CORPORATE OFFICE PROPERTIES (OFC) has a support level at 24.63 and a resistance level at 25.12. Check the full technical report for a detailed analysis of OFC support and resistance levels.


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 OFC EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CORPORATE OFFICE PROPERTIES (OFC) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CORPORATE OFFICE PROPERTIES (OFC) stock pay dividends?

CORPORATE OFFICE PROPERTIES (OFC) has a dividend yield of 4.57%. The yearly dividend amount is currently 1.1. Check the full fundamental report for a detailed analysis of OFC dividend history, reliability and sustainability.


When does CORPORATE OFFICE PROPERTIES (OFC) report earnings?

CORPORATE OFFICE PROPERTIES (OFC) will report earnings on 2023-10-25, after the market close.


What is the Price/Earnings (PE) ratio of CORPORATE OFFICE PROPERTIES (OFC)?

The PE ratio for CORPORATE OFFICE PROPERTIES (OFC) is 14.58. This is based on the reported non-GAAP earnings per share of 1.71 and the current share price of 24.94 USD. Check the full fundamental report for a full analysis of the valuation metrics for OFC.


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 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 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 Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to OFC. The Buy consensus is the average rating of analysts ratings from 13 analysts.

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


Ownership
Inst Owners104.34%
Ins Owners0.74%
Short Float %N/A
Short RatioN/A
Analysts
Analysts80
Price Target29.47 (18.16%)
EPS Next Y-0.32%
Revenue Next Year9.39%