OFC News and Press, Corporate Office Properties Trust From 02/09/23

Corporate Office Properties Trust ( NYSE: OFC ) on Thursday provided 2023 guidance in line with expectations as same-property NOI growth is expected to be offset by higher costs. The REIT expects adj. FFO per share of $2.34-$2.42 this year vs. $2.41 consensus and $2.36 in...

Corporate Office Properties Trust press release ( NYSE: OFC ): Q4 GAAP EPS of $0.45 beats by $0.17 . Revenue of $175.24M (-5.8% Y/Y) misses by $12.57M . Diluted funds from operations per share (“FFOPS”), as calculated in accordance with Nareit’s de...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) is establishing the following guidance for the year ending December 31, 2023: 2023 Guidance . Diluted earnings per share (“EPS”) in the range of $1.45−$1.53; ...

EPS of $1.53 for Full Year; FFO per Share, as Adjusted for Comparability, of $2.36 Core Portfolio 93% Occupied and 95% Leased Placed 1.3 million SF of Developments into Service that were 99% Leased 1.5 million SF of Active Developments 89% Leased Outstand...

Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) executed two long-term leases in January with a Fortune 500 company for two build-to-suit developments in Northern Virginia. The first project is 225,000 square feet and is scheduled for shell completion in the se...

Summary Office REITs generated the lowest returns of any property sector tracked by the Nareit since Covid hit, but returns are set to disappoint further. Despite optimists' hopes for a broad office recovery, remote work patterns are now too ingrained to reverse a permanent cut in offic...

Summary Listed alternative asset management firms have done well recently with a median average re-rating of 21.8% higher. But which one should you buy and which should you avoid? I share how I assess 10 key listed asset management firms using 5 simple criteria. I arrive at slightly...

Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) announced the 2022 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT common share distrib...

Summary Always follow the money and pay close attention to underlying cash flows that will in turn drive shareholder returns. In this article, I will explore the "mission critical" aspect to intelligent REIT investing. Nobody wants to own a "buggy whip" REIT portfolio. Be smart....

Summary U.S. equity markets posted broad-based gains after the closely-watched CPI inflation report showed signs of easing inflationary pressures, strengthening the case for the Fed to slow its pace of rate hikes. Pushing its year-to-date gains to above 4% following a dismal year of per...