Analyst Ratings for Corporate Office Properties Trust (OFC)Updated: 2017-07-27
An average rating of Hold has been given to Corporate Office Properties Trust (NYSE:OFC) by analysts covering the stock. OFC had previously received a consensus rating of Hold a month ago.
Of the 14 analysts covering the stock, 2 gave it a buy rating, 1 gave an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for OFC. The highest price target was 39, implying potential capital gains of 14.64 percent. The most pessimistic price target was 31, implying potential capital losses of -8.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.02 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.72 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 8.33 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, OFC has achieved a high of 36.03 and a low of 24.92. Currently the stock is 36.52 percent higher than its low, and 5.58 percent lower than its 52-week high. OFC has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The OFC value stock report compares OFC to some of its peers using value stock charts. The stock has a market capitalization of $3.39 billion. OFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.