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.
Investment analysts gave a few price targets for OFC. The most optimistic analyst gave a price target of 39, which equates to a potential upside of 14.64 percent. The minimum price target given was 31, implying a possible loss of -8.88 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.02 percent. That number becomes -5.72 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, 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 last 52-weeks, OFC has achieved a high of 36.03 and a low of 24.92. Today's price is 36.52 percent above the 52-week low, and below the high by 5.58 percent. OFC has a P/E 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 market cap of OFC is $3.39 billion. OFC will post this quarters earnings in days, on 0000-00-00.