Brokerages predict that Corporate Office Properties Trust (NYSE:OFC) will post $132.55 million in sales for the current quarter, according to Zacks. Six analysts have made estimates for Corporate Office Properties Trust’s earnings, with the highest sales estimate coming in at $139.81 million and the lowest estimate coming in at $129.92 million. Corporate Office Properties Trust reported sales of $164.57 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 19.5%. The business is expected to announce its next quarterly earnings results on Thursday, February 14th.

According to Zacks, analysts expect that Corporate Office Properties Trust will report full-year sales of $527.30 million for the current year, with estimates ranging from $514.80 million to $579.44 million. For the next fiscal year, analysts expect that the business will post sales of $552.32 million, with estimates ranging from $520.79 million to $586.31 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Corporate Office Properties Trust.

Corporate Office Properties Trust (NYSE:OFC) last released its quarterly earnings results on Thursday, October 25th. The real estate investment trust reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. The business had revenue of $137.41 million for the quarter, compared to analysts’ expectations of $129.45 million. Corporate Office Properties Trust had a return on equity of 4.30% and a net margin of 10.78%.

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reaffirmed a “$28.83” rating on shares of Corporate Office Properties Trust in a research note on Wednesday, July 18th. Zacks Investment Research raised Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 28th. Robert W. Baird reaffirmed a “hold” rating and issued a $29.00 target price on shares of Corporate Office Properties Trust in a research note on Wednesday, August 8th. Bank of America raised Corporate Office Properties Trust from a “neutral” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Tuesday, August 7th. Finally, Mizuho reaffirmed a “hold” rating and issued a $31.00 target price on shares of Corporate Office Properties Trust in a research note on Monday, August 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Corporate Office Properties Trust currently has a consensus rating of “Hold” and an average target price of $30.00.

A number of hedge funds have recently bought and sold shares of the stock. Qube Research & Technologies Ltd purchased a new position in shares of Corporate Office Properties Trust during the 2nd quarter worth $123,000. Garner Asset Management Corp purchased a new position in shares of Corporate Office Properties Trust during the 2nd quarter worth $204,000. Private Advisor Group LLC purchased a new position in shares of Corporate Office Properties Trust during the 3rd quarter worth $210,000. Nissay Asset Management Corp Japan ADV purchased a new position in shares of Corporate Office Properties Trust during the 3rd quarter worth $211,000. Finally, NN Investment Partners Holdings N.V. purchased a new position in shares of Corporate Office Properties Trust during the 3rd quarter worth $234,000.

Shares of OFC traded down $0.09 on Wednesday, reaching $26.18. The stock had a trading volume of 531,073 shares, compared to its average volume of 821,295. Corporate Office Properties Trust has a twelve month low of $24.55 and a twelve month high of $32.59. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.92 and a quick ratio of 1.98. The stock has a market cap of $2.74 billion, a P/E ratio of 12.90, a P/E/G ratio of 2.95 and a beta of 0.75.

About Corporate Office Properties Trust

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties 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 it believes are growing, durable, priority missions (“Defense/IT Locations”).

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

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