Witnessing the stock’s movement on the chart, on September 09, 2021, Corporate Office Properties Trust (NYSE: OFC) had a quiet start as it plunged -2.03% to $28.06. During the day, the stock rose to $28.60 and sunk to $28.06 before settling in for the price of $28.64 at the close. Taking a more long-term approach, OFC posted a 52-week range of $21.68-$30.51.
The Real Estate sector firm’s twelve-monthly sales growth has been -0.50% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -12.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -49.50%. This publicly-traded company’s shares outstanding now amounts to $111.97 million, simultaneously with a float of $111.95 million. The organization now has a market capitalization sitting at $3.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.75, while the 200-day Moving Average is $27.47.
It is quite necessary to find out the efficiency of the corporate organization, which has 406 number of employees on its payroll. It has generated 1,500,899 per worker during the last fiscal year. Meanwhile, its income per employee was 203,882. The stock had 3.05 Receivables turnover and 0.15 Total Asset turnover. For the Profitability, stocks gross margin was +32.96, operating margin was +26.62 and Pretax Margin of +14.55.
Corporate Office Properties Trust (OFC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the REIT – Office industry. According to the most recent insider trade that took place on Jun 09, this organization’s Director sold 3,000 shares at the rate of 30.07, making the entire transaction reach 90,210 in total value, affecting insider ownership by 34,568. Preceding that transaction, on Jun 08, Company’s Director sold 8,000 for 29.64, making the whole transaction’s value amount to 237,142. This particular insider is now the holder of 37,568 in total.
Corporate Office Properties Trust (OFC) Earnings and Revenue Records
As on 6/29/2021, Multinational firm has announced its last quarter scores, in which it reported $0.38 earnings per share (EPS) for the period topping the consensus outlook (set at $0.23) by $0.15. This company achieved a net margin of +13.58 while generating a return on equity of 4.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
Corporate Office Properties Trust’s EPS decrease for this current 12-month fiscal period is -49.50% and is forecasted to reach 1.00 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.20% through the next 5 years, which can be compared against the -12.30% growth it accomplished over the previous five years trading on the market.
Corporate Office Properties Trust (NYSE: OFC) Trading Performance Indicators
Let’s observe the current performance indicators for Corporate Office Properties Trust (OFC). The Stock has managed to achieve an average true range (ATR) of 0.54. Alongside those numbers, its PE Ratio stands at $37.07, and its Beta score is 1.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.92. Similarly, its price to free cash flow for trailing twelve months is now 35.86.
In the same vein, OFC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.76, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.00 at the market close of one year from today.
Technical Analysis of Corporate Office Properties Trust (OFC)
Going through the that latest performance of [Corporate Office Properties Trust, OFC]. Its last 5-days volume of 0.72 million was inferior to the volume of 0.93 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 73.64% While, its Average True Range was 0.56.
Raw Stochastic average of Corporate Office Properties Trust (OFC) in the period of the previous 100 days is set at 38.60%, which indicates a major fall in contrast to 50.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.36% that was lower than 21.82% volatility it exhibited in the past 100-days period.