Corporate Office Properties Trust (NYSE:OFC) Director Lisa G. Trimberger purchased 3,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was acquired at an average price of $25.40 per share, with a total value of $76,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Corporate Office Properties Trust (OFC) traded down $0.08 on Tuesday, hitting $25.43. 1,295,653 shares of the company’s stock traded hands, compared to its average volume of 820,768. Corporate Office Properties Trust has a twelve month low of $24.78 and a twelve month high of $36.03. The company has a market cap of $2,618.65, a P/E ratio of 44.76 and a beta of 0.68. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.81 and a quick ratio of 1.53.
Corporate Office Properties Trust (NYSE:OFC) last released its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.43). Corporate Office Properties Trust had a net margin of 11.44% and a return on equity of 4.82%. The company had revenue of $164.57 million for the quarter, compared to the consensus estimate of $143.44 million. During the same period last year, the company earned $0.51 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. analysts forecast that Corporate Office Properties Trust will post 2.02 earnings per share for the current year.
A number of equities research analysts have issued reports on the company. SunTrust Banks set a $29.00 price target on Corporate Office Properties Trust and gave the stock a “hold” rating in a research note on Friday. Mizuho set a $26.00 price target on Corporate Office Properties Trust and gave the stock a “hold” rating in a research note on Tuesday. TheStreet lowered Corporate Office Properties Trust from a “b-” rating to a “c” rating in a research note on Friday. Robert W. Baird set a $28.00 price objective on shares of Corporate Office Properties Trust and gave the company a “hold” rating in a report on Friday. Finally, ValuEngine downgraded shares of Corporate Office Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. Corporate Office Properties Trust currently has an average rating of “Hold” and a consensus price target of $31.29.
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Corporate Office Properties Trust Company Profile
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.
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