Corporate Office Properties Trust (NYSE:OFC) – Analysts at Capital One Financial Corporation increased their FY2017 earnings estimates for Corporate Office Properties Trust in a report issued on Monday. Capital One Financial Corporation analyst C. Lucas now expects that the real estate investment trust will post earnings of $2.05 per share for the year, up from their previous forecast of $2.04. Capital One Financial Corporation has a “Equal Weight” rating on the stock. Capital One Financial Corporation also issued estimates for Corporate Office Properties Trust’s Q1 2018 earnings at $0.49 EPS, Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.52 EPS, Q4 2018 earnings at $0.52 EPS, FY2018 earnings at $2.03 EPS and FY2019 earnings at $2.19 EPS.

Corporate Office Properties Trust (NYSE:OFC) last released its earnings results on Thursday, October 26th. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. The firm had revenue of $157.00 million for the quarter, compared to analysts’ expectations of $142.74 million. Corporate Office Properties Trust had a net margin of 14.38% and a return on equity of 5.89%. The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. WARNING: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/21/capital-one-financial-corporation-weighs-in-on-corporate-office-properties-trusts-fy2017-earnings-ofc.html.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Wednesday, October 18th. BidaskClub cut shares of Corporate Office Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. SunTrust Banks, Inc. restated a “hold” rating and set a $34.00 price target on shares of Corporate Office Properties Trust in a research note on Friday, October 27th. Jefferies Group LLC upgraded shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $36.00 to $39.00 in a research note on Monday, September 25th. Finally, Stifel Nicolaus cut shares of Corporate Office Properties Trust from a “hold” rating to a “sell” rating and dropped their price target for the company from $33.00 to $29.00 in a research note on Tuesday, August 1st. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $34.57.

Shares of Corporate Office Properties Trust (NYSE OFC) opened at $30.87 on Tuesday. The company has a market cap of $3,090.00, a P/E ratio of 15.49 and a beta of 0.84. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.53 and a current ratio of 1.53. Corporate Office Properties Trust has a 52 week low of $27.98 and a 52 week high of $36.03.

Institutional investors have recently bought and sold shares of the stock. Cadence Capital Management LLC bought a new stake in Corporate Office Properties Trust during the 2nd quarter worth approximately $204,000. World Asset Management Inc increased its holdings in Corporate Office Properties Trust by 3.8% during the 2nd quarter. World Asset Management Inc now owns 6,297 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 229 shares during the period. Garner Asset Management Corp bought a new stake in Corporate Office Properties Trust during the 2nd quarter worth approximately $246,000. Cubist Systematic Strategies LLC bought a new stake in Corporate Office Properties Trust during the 2nd quarter worth approximately $248,000. Finally, Riverhead Capital Management LLC increased its holdings in Corporate Office Properties Trust by 48.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 7,294 shares of the real estate investment trust’s stock worth $255,000 after acquiring an additional 2,394 shares during the period.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Thursday, December 28th. Corporate Office Properties Trust’s dividend payout ratio (DPR) is presently 159.42%.

About Corporate Office Properties Trust

Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust (REIT). The Company owns, manages, leases, develops and acquires office and data center properties. The Company’s segments are Defense/IT Locations; Regional Office; operating wholesale data center, and other.

Earnings History and Estimates for Corporate Office Properties Trust (NYSE:OFC)

Receive News & Ratings for Corporate Office Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corporate Office Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.