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.

Several price targets were given for OFC by the analysts covering the stock. The maximum price target given was 39, implying potential capital gains of 14.64 percent. The most pessimistic analyst gave a price target of 31, which equates to a potential downside of -8.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.02 percent. The average change in earnings estimates over the last 90 days 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.

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, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

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 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 market cap of OFC is $3.39 billion. OFC's next earnings release will be on 0000-00-00, which is days away.