NYSE
OFC

Corporate Office Properties Trust

REIT-Office
Real Estate

Prices are adjusted according to historical splits.

Corporate Office Properties Trust Stock Price

Vitals

Today's Low:
$24.955
Today's High:
$25.19
Open Price:
$25.14
52W Low:
$21.0641
52W High:
$27.9912
Prev. Close:
$25.13
Volume:
554824

Company Statistics

Market Cap.:
$2.87 billion
Book Value:
15.426
Revenue TTM:
$695.03 million
Operating Margin TTM:
26.38%
Gross Profit TTM:
$363.38 million
Profit Margin:
27.4%
Return on Assets TTM:
2.72%
Return on Equity TTM:
11.16%

Company Profile

Corporate Office Properties Trust had its IPO on 1991-12-31 under the ticker symbol OFC.

The company operates in the Real Estate sector and REIT-Office industry. Corporate Office Properties Trust has a staff strength of 395 employees.

Stock update

Shares of Corporate Office Properties Trust opened at $25.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.96 - $25.19, and closed at $25.04.

This is a -0.36% slip from the previous day's closing price.

A total volume of 554,824 shares were traded at the close of the day’s session.

In the last one week, shares of Corporate Office Properties Trust have slipped by -4.21%.

Corporate Office Properties Trust's Key Ratios

Corporate Office Properties Trust has a market cap of $2.87 billion, indicating a price to book ratio of 1.7445 and a price to sales ratio of 7.7757.

In the last 12-months Corporate Office Properties Trust’s revenue was $695.03 million with a gross profit of $363.38 million and an EBITDA of $332.52 million. The EBITDA ratio measures Corporate Office Properties Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Corporate Office Properties Trust’s operating margin was 26.38% while its return on assets stood at 2.72% with a return of equity of 11.16%.

In Q2, Corporate Office Properties Trust’s quarterly earnings growth was a negative -6.5% while revenue growth was a negative 9%.

Corporate Office Properties Trust’s PE and PEG Ratio

Forward PE
0
Trailing PE
14.9583
PEG
5.41

Its diluted EPS in the last 12-months stands at $1.68 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 5.41. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Corporate Office Properties Trust’s profitability.

Corporate Office Properties Trust stock is trading at a EV to sales ratio of 6.9154 and a EV to EBITDA ratio of 16.6372. Its price to sales ratio in the trailing 12-months stood at 7.7757.

Corporate Office Properties Trust stock pays annual dividends of $1.12 per share, indicating a yield of 4.49% and a payout ratio of 66.86%.

Balance sheet and cash flow metrics

Total Assets
$4.25 billion
Total Liabilities
$209.64 million
Operating Cash Flow
$-101617000.00
Capital Expenditure
$2.52 million
Dividend Payout Ratio
66.86%

Corporate Office Properties Trust ended 2024 with $4.25 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.25 billion while shareholder equity stood at $1.73 billion.

Corporate Office Properties Trust ended 2024 with $9.20 million in deferred long-term liabilities, $209.64 million in other current liabilities, 1125000.00 in common stock, $-762617000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14.27 million and cash and short-term investments were $14.27 million. The company’s total short-term debt was $171,000,000 while long-term debt stood at $2.18 billion.

Corporate Office Properties Trust’s total current assets stands at $361.77 million while long-term investments were $41.93 million and short-term investments were $0. Its net receivables were $270.45 million compared to accounts payable of $135.78 million and inventory worth $0.00.

In 2024, Corporate Office Properties Trust's operating cash flow was $-101617000.00 while its capital expenditure stood at $2.52 million.

Comparatively, Corporate Office Properties Trust paid $0.67 in dividends in 2024.

Other key metrics

Current Trading Price
$25.04
52-Week High
$27.9912
52-Week Low
$21.0641
Analyst Target Price
$28.56

Corporate Office Properties Trust stock is currently trading at $25.04 per share. It touched a 52-week high of $27.9912 and a 52-week low of $27.9912. Analysts tracking the stock have a 12-month average target price of $28.56.

Its 50-day moving average was $25.51 and 200-day moving average was $24.59 The short ratio stood at 6.17 indicating a short percent outstanding of 0%.

Around 35.2% of the company’s stock are held by insiders while 10769.1% are held by institutions.

Frequently Asked Questions About Corporate Office Properties Trust

The stock symbol (also called stock or share ticker) of Corporate Office Properties Trust is OFC

The IPO of Corporate Office Properties Trust took place on 1991-12-31

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About

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT’s core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.

Address

6711 Columbia Gateway Drive, Columbia, MD, United States, 21046