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Ticker
OFC

Price
-
Stock movement down
-0.45 (-1.83%)
Company name
Corporate Office Properties Trust
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT - Office
Market cap
2.71B
Ent value
5.20B
Price/Sales
3.99
Price/Book
1.75
Div yield
4.73%
Div growth
0.72%
Growth years
1
FCF payout
-234.87%
Trailing P/E
-
Forward P/E
20.43
PEG
-
EPS growth
16.80%
1 year return
-11.69%
3 year return
-1.95%
5 year return
-1.36%
10 year return
0.29%
Last updated: 2024-12-17

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.14
Dividend yield4.73%
Payout frequencyQuarterly
Maximum yield6.67%
Average yield4.23%
Minimum yield3.62%
Discount to avg yield10.60%
Upside potential11.85%
Yield as % of max yield70.88%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.73%
Current yield distribution13.17%
Yield at 100% (Min)3.62%
Yield at 90%3.79%
Yield at 80%3.90%
Yield at 50% (Median)4.15%
Yield at 20%4.54%
Yield at 10%4.81%
Yield at 0% (Max)6.67%

Dividend per share

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Dividend per share data
Years of growth1 years
CCC status-
Dividend per share1.14
Payout frequencyQuarterly
Ex-div date28 Jun 2024
EPS (TTM)-0.50
EPS (1y forward)1.18
EPS growth (5y)16.80%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
OFCS&P500
DGR MR3.51%12.57%
DGR TTM3.57%6.51%
DGR 3 years1.20%5.24%
DGR 5 years0.72%5.40%
DGR 10 years0.36%7.07%
DGR 15 years-1.48%6.12%
Time since last change announced319 days
EPS growth (5y)16.80%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM-165.83%-234.87%
Average--
Forward96.61%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E-
Price to OCF76.30
Price to FCF-
Price to EBITDA10.80
EV to EBITDA20.71

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.99
Price to Book1.75
EV to Sales7.64

FINANCIALS

Per share

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Per share data
Current share count112.53M
EPS (TTM)-0.50
FCF per share (TTM)-0.36

Income statement

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Income statement data
Revenue (TTM)680.50M
Gross profit (TTM)226.40M
Operating income (TTM)-166.32M
Net income (TTM)-56.64M
EPS (TTM)-0.50
EPS (1y forward)1.18

Margins

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Margins data
Gross margin (TTM)33.27%
Operating margin (TTM)-24.44%
Profit margin (TTM)-8.32%

Balance Sheet

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Balance Sheet data
Cash204.24M
Net receivables269.79M
Total current assets560.54M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets4.24B
Accounts payable135.60M
Short/Current long term debt2.45B
Total current liabilities224.90M
Total liabilities2.69B
Shareholder's equity1.55B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)35.56M
Capital expenditures (TTM)15.71M
Free cash flow (TTM)-39.99M
Dividends paid (TTM)93.93M

Financial returns

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Financial returns data
Return on Equity-3.66%
Return on Assets-1.34%
Return on Invested Capital-1.43%
Cash Return on Invested Capital-1.01%

STOCK INFORMATION

Downside potential

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Downside potential data
OFCS&P500
Current price drop from All-time high-56.95%-5.75%
Highest price drop-70.55%-56.47%
Date of highest drop20 Mar 20209 Mar 2009
Avg drop from high-36.61%-11.12%
Avg time to new high35 days12 days
Max time to new high4225 days1805 days
COMPANY DETAILS
OFC (Corporate Office Properties Trust) company logo
Marketcap
2.71B
Marketcap category
Mid-cap
Description
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.
Employees
395
Investor relations
-
SEC filings
CEO
Stephen E. Budorick
Country
USA
City
Columbia
Stock type
Common stock
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
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