OFC News and Press, Corporate Office Properties Trust From 05/02/23

2023-05-02 09:00:00 ET Summary We're now at the halfway point of real estate earnings season with roughly 60 equity REITs and 14 mortgage REITs representing 50% of the total market capitalization having reported first-quarter. Results thus far have been better than the prevailing ...

2023-05-01 08:23:58 ET Summary Vornado recently suspended its dividend after paying a consistently high dividend for 30 years. 28 office REIT dividends were evaluated for safety based on yield, coverage ratios, and price/book value. I recommend investors who own office REITs r...

2023-05-01 03:48:08 ET Storm clouds are brewing for the U.S. commercial property market, according to Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B ) Vice Chairman Charlie Munger, who warned of a potential crash amid trouble in the U.S. financial system. "It's not nea...

2023-04-30 09:00:00 ET Summary U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since e...

2023-04-28 14:50:02 ET Corporate Office Properties Trust (OFC) Q1 2023 Earnings Conference Call April 28, 2023 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President & Chief Executive Officer Anthony ...

2023-04-28 12:16:23 ET The following slide deck was published by Corporate Office Properties Trust in conjunction with their 2023 Q1 earnings call. For further details see: Corporate Office Properties Trust 2023 Q1 - Results - Earnings Call Presentation

2023-04-27 16:42:21 ET Corporate Office Properties Trust press release ( NYSE: OFC ): Q1 FFO of $0.59 beats by $0.02 . Revenue of $167.5M (-14.3% Y/Y) misses by $14.65M . Narrowed 2023 FFO per Share Guidance, Midpoint Unchanged Core Portfolio 92.9% Occupied...

_______________________________________________________________ EPS of $0.70 for 1Q23 and FFO per Share, as Adjusted for Comparability, of $0.59 Exceeded High-End of Guidance Narrowed 2023 FFO per Share Guidance, Midpoint Unchanged Core Portfolio 92.9% Occupied a...

2023-04-25 09:00:00 ET Summary Shares of VNO look undervalued as they trade at -35.29% tangible book value. VNO looks to be in a strong liquidity position and has managed its debt well, which mitigates the impacts of rising interest rates on its portfolio. VNO looks to trade a...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss first quarter 2023 results. Details: Participants must register for the conference call at the li...