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OFC News and Press, Corporate Office Properties Trust From 02/03/21

Stock Information

Company Name: Corporate Office Properties Trust
Stock Symbol: OFC
Market: NYSE
Website: copt.com

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OFC - Corporate Office Properties Trust Q4 Earnings Preview

Corporate Office Properties Trust (NYSE:OFC) is scheduled to announce Q4 earnings results on Thursday, February 4th, after market close.The consensus Revenue Estimate is $157.25M (-0.34% Y/Y) while consensus FFO estimate is $0.53 (+6% Y/Y).Over the last 1 year, OFC has beaten EPS es...

OFC - OFS Capital provides Q4 prelims, Q/Q growth in NAV

OFS Capital ([[OFC]] -0.2%) estimates NAV/share to be between $11.75 and $11.85 as of Dec.31, 2020 vs. NAV/share of $11.18 as of Sep.30, 2020.Net investment income is seen between $0.21 and $0.23 per share vs. $0.20 per share for the quarter ended Sep.30, 2020.SBA debentures were pe...

OFC - COPT Announces Tax Treatment of 2020 Distributions

Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) announced the 2020 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 sha...

OFC - Fiscal Year 2021 Defense Budget Appropriation in Place

DOD Base Budget Estimated at $629 Billion, a 1% Increase over Fiscal Year 2020 Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) reports that on January 1, 2021, the fiscal year 2021 National Defense Authorization Act became ...

OFC - Mizuho downgrades office REITs Kilroy, Paramount Group as WFH drags on

Mizuho Securities USA analyst Omotayo Okusanya downgrades Kilroy Realty (KRC) to Neutral from Buy and Paramount Group (PGRE) to Underperform from Neutral as pressure on leasing activity continues to be particularly challenging in the San Francisco market.Paramount Group slides 1.8% in premark...

OFC - COPT Provides Conference Call Details for Fourth Quarter and Year End 2020 Results

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for fourth quarter and year end 2020 results as follows: Investors can also listen to the conference call via a live webcast in ...

OFC - COPT Executes Three Development Leases Totaling 460,000 SF

Achieves 2020 Goal of Completing 1.0 Million SF of Development Leasing; Strong Leasing Momentum Headed into 2021 Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) recently executed three leases totaling 460,000 square feet. I...

OFC - COPT Completes Second Close of New Data Center Shell Joint Venture with Blackstone Real Estate

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has completed the second and final close of its new joint venture with funds affiliated with Blackstone Real Estate (the “Blackstone Funds”), which was previously announce...

OFC - 6 Reasons To Ditch High Yield REITs

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...

OFC - Most REIT Investors Buy Trash

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

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