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 maximum price target given was 39, implying a possible profit of 14.64 percent. The minimum price target given was 31, implying potential capital losses of -8.88 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.33 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

In the trailing 52-weeks, OFC hit 36.03 at the highest peak, while it's lowest trading point was 24.92. The current market price is above the trailing year's low by 36.52 percent, and 5.58 percent below the 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's next earnings release will be on 0000-00-00, which is days away.