Wall Street analysts forecast that Corporate Office Properties Trust (NYSE:OFC) will report earnings of $0.54 per share for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Corporate Office Properties Trust’s earnings, with the highest EPS estimate coming in at $0.55 and the lowest estimate coming in at $0.54. Corporate Office Properties Trust posted earnings per share of $0.22 during the same quarter last year, which indicates a positive year over year growth rate of 145.5%. The business is expected to issue its next quarterly earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Corporate Office Properties Trust will report full year earnings of $2.03 per share for the current year, with EPS estimates ranging from $2.01 to $2.04. For the next financial year, analysts anticipate that the business will post earnings of $2.12 per share, with EPS estimates ranging from $2.02 to $2.15. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Corporate Office Properties Trust.

Corporate Office Properties Trust (NYSE:OFC) last issued its quarterly earnings data on Thursday, October 26th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. Corporate Office Properties Trust had a net margin of 14.38% and a return on equity of 5.89%. The firm had revenue of $157.00 million for the quarter, compared to the consensus estimate of $142.74 million. During the same quarter in the previous year, the firm earned $0.51 EPS. The company’s quarterly revenue was up 10.5% compared to the same quarter last year.

A number of research firms recently commented on OFC. BidaskClub cut shares of Corporate Office Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Capital One Financial Corporation cut shares of Corporate Office Properties Trust from an “overweight” rating to an “equal weight” rating in a research note on Monday, July 31st. ValuEngine upgraded shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, Stifel Nicolaus cut shares of Corporate Office Properties Trust from a “hold” rating to a “sell” rating and lowered their target price for the stock from $33.00 to $29.00 in a research note on Tuesday, August 1st. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. Corporate Office Properties Trust currently has a consensus rating of “Hold” and an average target price of $34.57.

Shares of Corporate Office Properties Trust (NYSE:OFC) opened at $30.99 on Friday. The company has a market cap of $3,086.88, 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 current ratio of 1.53 and a quick ratio of 1.53. Corporate Office Properties Trust has a 12 month low of $27.98 and a 12 month high of $36.03.

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 paid a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Thursday, December 28th. Corporate Office Properties Trust’s dividend payout ratio is currently 159.42%.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Capstone Asset Management Co. increased its holdings in Corporate Office Properties Trust by 1.0% in the 2nd quarter. Capstone Asset Management Co. now owns 8,445 shares of the real estate investment trust’s stock worth $296,000 after acquiring an additional 80 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Corporate Office Properties Trust by 0.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,512 shares of the real estate investment trust’s stock worth $508,000 after buying an additional 98 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of Corporate Office Properties Trust by 0.5% during the second quarter. Public Employees Retirement Association of Colorado now owns 25,648 shares of the real estate investment trust’s stock worth $898,000 after buying an additional 137 shares in the last quarter. World Asset Management Inc grew its holdings in shares of Corporate Office Properties Trust by 3.8% during the second quarter. World Asset Management Inc now owns 6,297 shares of the real estate investment trust’s stock worth $221,000 after buying an additional 229 shares in the last quarter. Finally, Utah Retirement Systems grew its holdings in shares of Corporate Office Properties Trust by 2.4% during the second quarter. Utah Retirement Systems now owns 25,142 shares of the real estate investment trust’s stock worth $881,000 after buying an additional 595 shares in the last quarter.

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.

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

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