Mizuho restated their hold rating on shares of Corporate Office Properties Trust (NYSE:OFC) in a report issued on Wednesday.

Other equities analysts have also recently issued reports about the stock. TheStreet upgraded shares of Corporate Office Properties Trust from a c rating to a b- rating in a research report on Thursday, October 26th. ValuEngine upgraded shares of Corporate Office Properties Trust from a hold rating to a buy rating in a research report on Friday, September 1st. Jefferies Group LLC upgraded shares of Corporate Office Properties Trust from a hold rating to a buy rating and lifted their price objective for the stock from $36.00 to $39.00 in a research report on Monday, September 25th. Zacks Investment Research upgraded shares of Corporate Office Properties Trust from a hold rating to a buy rating and set a $37.00 price objective on the stock in a research report on Wednesday, October 18th. Finally, Capital One Financial Corporation cut shares of Corporate Office Properties Trust from an overweight rating to an equal weight rating in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $34.57.

Corporate Office Properties Trust (NYSE:OFC) traded down $0.14 during trading on Wednesday, reaching $32.35. 863,208 shares of the company’s stock traded hands, compared to its average volume of 881,215. The company has a debt-to-equity ratio of 1.34, a quick ratio of 2.15 and a current ratio of 1.53. The firm has a market capitalization of $3,222.35, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 4.62 and a beta of 0.84. Corporate Office Properties Trust has a 12-month low of $24.92 and a 12-month high of $36.03.

Corporate Office Properties Trust (NYSE:OFC) last posted its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.01. The firm had revenue of $157.00 million for the quarter, compared to analyst estimates of $142.74 million. Corporate Office Properties Trust had a net margin of 14.38% and a return on equity of 5.89%. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 earnings per share. analysts predict that Corporate Office Properties Trust will post 2.04 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend was Thursday, September 28th. Corporate Office Properties Trust’s dividend payout ratio (DPR) is currently 159.42%.

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Corporate Office Properties Trust by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 15,482,529 shares of the real estate investment trust’s stock valued at $542,353,000 after buying an additional 184,535 shares during the period. BlackRock Inc. boosted its stake in shares of Corporate Office Properties Trust by 4.4% during the 2nd quarter. BlackRock Inc. now owns 10,639,831 shares of the real estate investment trust’s stock valued at $372,714,000 after buying an additional 447,228 shares during the period. FMR LLC boosted its stake in shares of Corporate Office Properties Trust by 22.0% during the 2nd quarter. FMR LLC now owns 6,980,510 shares of the real estate investment trust’s stock valued at $244,526,000 after buying an additional 1,259,741 shares during the period. State Street Corp boosted its stake in shares of Corporate Office Properties Trust by 9.4% during the 1st quarter. State Street Corp now owns 4,397,989 shares of the real estate investment trust’s stock valued at $145,575,000 after buying an additional 376,490 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of Corporate Office Properties Trust by 13.8% during the 2nd quarter. Wells Fargo & Company MN now owns 2,259,191 shares of the real estate investment trust’s stock valued at $79,140,000 after buying an additional 273,738 shares during the period.

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.

Analyst Recommendations for Corporate Office Properties Trust (NYSE:OFC)

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