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OFC News and Press, Corporate Office Properties Trust From 07/29/21

Stock Information

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

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OFC - COPT Reports Second Quarter 2021 Results; Raises Midpoint of Full Year Guidance by 4-Cents, Implying 6.6% Growth in FFOPS, as Adjusted for Comparability

Earlier Development Completions & Stronger Same-Property Results Drive Higher 2021 Expectations Reported EPS of $0.38 in 2Q; FFO per Share, as Adjusted for Comparability, of $0.58 was 1-Cent Above High-End of Guidance Same-Property Cash NOI Increase...

OFC - No Place Like Home

U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...

OFC - Corporate Office Properties: Sleep Well At Night With Government-Related Checks

Corporate Office Properties has a high-quality portfolio that's leased primarily to the U.S. government and its Defense/IT contractors. It has a robust development pipeline that includes data centers, which should drive growth down the road. I also highlight the dividend, balance ...

OFC - Fed Unfazed By Red-Hot Inflation

U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...

OFC - REITs Back On Top

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

OFC - COPT Provides Conference Call Details for Second Quarter 2021 Results

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for second quarter 2021 results as follows: Investors can also listen to the conference call via a live webcast in the ‘L...

OFC - Rents Roar As Hiring Rebounds

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

OFC - Walking An Inflation Tightrope

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

OFC - COPT Executes Major Pre-Leases with Defense Contractor at Redstone Gateway

Nearly 180,000 SF Scheduled for Lease Commencement in 1Q23 Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) executed two leases totaling 178,500 square feet at Redstone Gateway with a defense contractor that provides informa...

OFC - Fed Sparks Sell-Off As Shortages Worsen

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

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