OFC News and Press, Corporate Office Properties Trust From 06/15/23

2023-06-15 14:17:07 ET Summary SL Green may be the most oversold and shorted office REIT available to participate in a sector-wide recovery over the next 12 months. Still solid fundamental results overall and cash flow generation in particular should support the dividend and some ...

2023-06-08 04:12:24 ET Treasury Secretary Janet Yellen in a CNBC interview cautioned that U.S. banks could be pressured by the weakening commercial real estate market and are likely preparing for difficulties ahead. "I do think there will be issues with respect to commercial real e...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit’s REITweek: 2023 Investor Conferen...

2023-05-31 05:08:58 ET Summary Corporate Office Properties owns and operates mission-critical properties that serve specialized areas of focus, such as national security, defense, and IT-related activities. OFC's Q1 release showcased strong results and was paired with positive rev...

2023-05-31 01:54:40 ET Summary OFC divested from some of its non-core assets in non-primary markets, most notably selling off seven properties that were considered tangential to its core mission. Occupancy rates remained solid at 94.8%, slightly down from 95.3% in Q4 2022, reflect...

2023-05-19 09:00:00 ET Summary The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a we...

2023-05-11 16:35:55 ET Corporate Office Properties Trust ( NYSE: OFC ) declares $0.285/share quarterly dividend , in line with previous. Forward yield 4.8% Payable July 17; for shareholders of record June 30; ex-div June 29. See OFC Dividend Scorecard, Yield ...

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the second quarter ending June 30, 2023. The second quarter 2023 dividend represents ...

2023-05-07 13:28:13 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Few may be looking to increase their exposure to real estate investment trusts, or REITs, in today’s economic environment. Yet even as the Federal Reserve suggests that interest rate cut...

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 ...