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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.11
OFC's Cash to Debt is ranked higher than
66% of the 665 Companies
in the Global REIT - Office industry.

( Industry Median: 0.06 vs. OFC: 0.11 )
Ranked among companies with meaningful Cash to Debt only.
OFC' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.01 Max: No Debt
Current: 0.11
Equity to Asset 0.40
OFC's Equity to Asset is ranked lower than
74% of the 687 Companies
in the Global REIT - Office industry.

( Industry Median: 0.51 vs. OFC: 0.40 )
Ranked among companies with meaningful Equity to Asset only.
OFC' s Equity to Asset Range Over the Past 10 Years
Min: 0.06  Med: 0.3 Max: 0.4
Current: 0.4
0.06
0.4
Interest Coverage 0.63
OFC's Interest Coverage is ranked lower than
96% of the 695 Companies
in the Global REIT - Office industry.

( Industry Median: 3.62 vs. OFC: 0.63 )
Ranked among companies with meaningful Interest Coverage only.
OFC' s Interest Coverage Range Over the Past 10 Years
Min: 0.34  Med: 1.4 Max: 1.73
Current: 0.63
0.34
1.73
F-Score: 7
Z-Score: 0.81
M-Score: -2.79
WACC vs ROIC
7.35%
1.48%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 9.13
OFC's Operating margin (%) is ranked lower than
87% of the 694 Companies
in the Global REIT - Office industry.

( Industry Median: 50.36 vs. OFC: 9.13 )
Ranked among companies with meaningful Operating margin (%) only.
OFC' s Operating margin (%) Range Over the Past 10 Years
Min: 6.15  Med: 20.82 Max: 28.91
Current: 9.13
6.15
28.91
Net-margin (%) 1.99
OFC's Net-margin (%) is ranked lower than
85% of the 695 Companies
in the Global REIT - Office industry.

( Industry Median: 40.98 vs. OFC: 1.99 )
Ranked among companies with meaningful Net-margin (%) only.
OFC' s Net-margin (%) Range Over the Past 10 Years
Min: -24.23  Med: 7.65 Max: 28.51
Current: 1.99
-24.23
28.51
ROE (%) -0.20
OFC's ROE (%) is ranked lower than
86% of the 699 Companies
in the Global REIT - Office industry.

( Industry Median: 6.52 vs. OFC: -0.20 )
Ranked among companies with meaningful ROE (%) only.
OFC' s ROE (%) Range Over the Past 10 Years
Min: -11.49  Med: 2.44 Max: 10.95
Current: -0.2
-11.49
10.95
ROA (%) 0.30
OFC's ROA (%) is ranked lower than
83% of the 703 Companies
in the Global REIT - Office industry.

( Industry Median: 3.36 vs. OFC: 0.30 )
Ranked among companies with meaningful ROA (%) only.
OFC' s ROA (%) Range Over the Past 10 Years
Min: -3.1  Med: 1.24 Max: 4.71
Current: 0.3
-3.1
4.71
ROC (Joel Greenblatt) (%) 1.76
OFC's ROC (Joel Greenblatt) (%) is ranked lower than
90% of the 582 Companies
in the Global REIT - Office industry.

( Industry Median: 13.06 vs. OFC: 1.76 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
OFC' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 0.12  Med: 3.98 Max: 6.17
Current: 1.76
0.12
6.17
Revenue Growth (3Y)(%) -0.30
OFC's Revenue Growth (3Y)(%) is ranked lower than
64% of the 484 Companies
in the Global REIT - Office industry.

( Industry Median: 2.60 vs. OFC: -0.30 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
OFC' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -30  Med: 3.9 Max: 18.6
Current: -0.3
-30
18.6
EBITDA Growth (3Y)(%) -10.80
OFC's EBITDA Growth (3Y)(%) is ranked lower than
78% of the 435 Companies
in the Global REIT - Office industry.

( Industry Median: 3.20 vs. OFC: -10.80 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
OFC' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -32.2  Med: 1.5 Max: 17.1
Current: -10.8
-32.2
17.1
GuruFocus has detected 8 Warning Signs with Corporate Office Properties Trust $OFC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» OFC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

OFC Guru Trades in Q1 2016

Pioneer Investments 923,517 sh (New)
Jim Simons 882,100 sh (+65.03%)
Barrow, Hanley, Mewhinney & Strauss 3,604,775 sh (+0.14%)
Ken Fisher 664,017 sh (-0.18%)
» More
Q2 2016

OFC Guru Trades in Q2 2016

Jim Simons 1,077,300 sh (+22.13%)
Pioneer Investments 1,028,481 sh (+11.37%)
Ken Fisher 656,697 sh (-1.10%)
Barrow, Hanley, Mewhinney & Strauss 3,522,685 sh (-2.28%)
» More
Q3 2016

OFC Guru Trades in Q3 2016

Jim Simons 1,952,300 sh (+81.22%)
Ken Fisher 674,159 sh (+2.66%)
Pioneer Investments Sold Out
Barrow, Hanley, Mewhinney & Strauss 2,520,625 sh (-28.45%)
» More
Q4 2016

OFC Guru Trades in Q4 2016

Jim Simons 2,348,300 sh (+20.28%)
Ken Fisher 661,344 sh (-1.90%)
Barrow, Hanley, Mewhinney & Strauss 1,823,975 sh (-27.64%)
» More
» Details

Insider Trades

Latest Guru Trades with OFC

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Preferred stocks of Corporate Office Properties Trust

SymbolPriceYieldDescription
OFCPRL25.457.247 3/8 % Cumulative Preferred Shs Series -L-

Business Description

Industry: REITs » REIT - Office    NAICS: 531312    SIC: 6798
Compare:NYSE:PDM, NYSE:COR, NYSE:BDN, NYSE:CXP, NYSE:DFT, NYSE:CLI, NYSE:PGRE, NYSE:EQC, NYSE:WRE, NYSE:GPT, OTCPK:KREVF, OTCPK:APYRF, OTCPK:DRETF, NYSE:NYRT, NAS:GOV, AMEX:FSP, NAS:CMCT, NYSE:HIW, NYSE:HPP, NYSE:PKY » details
Traded in other countries:WX7.Germany,
Corporate Office Properties Trust Inc is a fully-integrated and self-managed real estate investment trust which is along with its subsidiaries serving the specialized requirements of United States Government agencies and defense contractors.

Corporate Office Properties Trust Inc was founded in 1988 as Royale Investments and traded on NASDAQ. The Company changed its name to Corporate Office Properties Trust and went on the NYSE in 1998. The Company along with its subsidiaries is a fully-integrated and self-managed real estate investment trust. Corporate Office Properties, L.P. ('COPLP') and subsidiaries is the entity through which the Company, the general partner of COPLP, conducts all of its operations and owns all of its assets. The Company is engaged in serving the specialized requirements of United States Government agencies and defense contractors, who are engaged in defense information technology and national security related activities. The Company acquires, develops, manages and leases office and data center properties concentrated in large office parks located near knowledge-based government demand drivers and/or in targeted markets or submarkets in the Greater Washington, DC/Baltimore region. As of December 31, 2013, The Company's properties included the following: 183 operating office properties totaling 17.4 million square feet that were 89% occupied; 10 office properties under, or contractually committed for, construction or approved for redevelopment; land held or under pre-construction totaling 1,708 acres; and a partially operational, wholesale data center. The Company operates in two main industries: commercial office properties and its wholesale data center. The Company classifies its properties containing data center space as commercial office real estate when tenants fund the data center infrastructure costs. As of December 31, 2013, its commercial office real estate operations werelocated in the following geographical segments: Baltimore/Washington Corridor; Northern Virginia; San Antonio, Texas; Huntsville, Alabama; Greater Washington, DC; St. Mary's & King George Counties; Greater Baltimore, Maryland and Greater Philadelphia, Pennsylvania. As of December 31, 2013, 165 of its office properties, or 87% of its square feet in operations, were located in the Greater Washington, DC/Baltimore region, which includes all the segments set forth above except for San Antonio, Huntsville and Greater Philadelphia. Its wholesale data center, which is comprised of one property in Manassas, Virginia, is reported as a separate segment. The Company competes with its own tenants, many of whom have the right to sublease their space. It competes for the acquisition of commercial properties with many entities, including other publicly-traded commercial REITs. It also competes with many entities, including other publicly-traded commercial REITs, for capital. The Company is subject to various federal, state and local regulations.

Ratios

vs
industry
vs
history
P/B 2.33
OFC's P/B is ranked lower than
87% of the 736 Companies
in the Global REIT - Office industry.

( Industry Median: 1.14 vs. OFC: 2.33 )
Ranked among companies with meaningful P/B only.
OFC' s P/B Range Over the Past 10 Years
Min: 1.14  Med: 2.03 Max: 3.49
Current: 2.33
1.14
3.49
P/S 5.47
OFC's P/S is ranked higher than
70% of the 725 Companies
in the Global REIT - Office industry.

( Industry Median: 7.37 vs. OFC: 5.47 )
Ranked among companies with meaningful P/S only.
OFC' s P/S Range Over the Past 10 Years
Min: 1.63  Med: 3.89 Max: 6.63
Current: 5.47
1.63
6.63
PFCF 5540.00
OFC's PFCF is ranked lower than
100% of the 338 Companies
in the Global REIT - Office industry.

( Industry Median: 18.64 vs. OFC: 5540.00 )
Ranked among companies with meaningful PFCF only.
OFC' s PFCF Range Over the Past 10 Years
Min: 15.18  Med: 293.31 Max: 5540
Current: 5540
15.18
5540
POCF 18.46
OFC's POCF is ranked lower than
66% of the 614 Companies
in the Global REIT - Office industry.

( Industry Median: 15.13 vs. OFC: 18.46 )
Ranked among companies with meaningful POCF only.
OFC' s POCF Range Over the Past 10 Years
Min: 5.24  Med: 12.14 Max: 20.72
Current: 18.46
5.24
20.72
EV-to-EBIT 89.67
OFC's EV-to-EBIT is ranked lower than
96% of the 667 Companies
in the Global REIT - Office industry.

( Industry Median: 19.66 vs. OFC: 89.67 )
Ranked among companies with meaningful EV-to-EBIT only.
OFC' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.2  Med: 35 Max: 985
Current: 89.67
13.2
985
EV-to-EBITDA 26.63
OFC's EV-to-EBITDA is ranked lower than
84% of the 688 Companies
in the Global REIT - Office industry.

( Industry Median: 16.26 vs. OFC: 26.63 )
Ranked among companies with meaningful EV-to-EBITDA only.
OFC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.4  Med: 18.2 Max: 31.6
Current: 26.63
7.4
31.6
Shiller P/E 102.07
OFC's Shiller P/E is ranked lower than
92% of the 195 Companies
in the Global REIT - Office industry.

( Industry Median: 23.73 vs. OFC: 102.07 )
Ranked among companies with meaningful Shiller P/E only.
OFC' s Shiller P/E Range Over the Past 10 Years
Min: 33.94  Med: 64.94 Max: 110.4
Current: 102.07
33.94
110.4
Current Ratio 1.88
OFC's Current Ratio is ranked higher than
73% of the 651 Companies
in the Global REIT - Office industry.

( Industry Median: 0.97 vs. OFC: 1.88 )
Ranked among companies with meaningful Current Ratio only.
OFC' s Current Ratio Range Over the Past 10 Years
Min: 0.1  Med: 0.85 Max: 1.88
Current: 1.88
0.1
1.88
Quick Ratio 1.88
OFC's Quick Ratio is ranked higher than
75% of the 651 Companies
in the Global REIT - Office industry.

( Industry Median: 0.90 vs. OFC: 1.88 )
Ranked among companies with meaningful Quick Ratio only.
OFC' s Quick Ratio Range Over the Past 10 Years
Min: 0.1  Med: 0.85 Max: 1.88
Current: 1.88
0.1
1.88
Days Sales Outstanding 79.22
OFC's Days Sales Outstanding is ranked lower than
88% of the 486 Companies
in the Global REIT - Office industry.

( Industry Median: 18.77 vs. OFC: 79.22 )
Ranked among companies with meaningful Days Sales Outstanding only.
OFC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.31  Med: 20.77 Max: 82.7
Current: 79.22
8.31
82.7

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.31
OFC's Dividend Yield is ranked lower than
92% of the 907 Companies
in the Global REIT - Office industry.

( Industry Median: 5.22 vs. OFC: 3.31 )
Ranked among companies with meaningful Dividend Yield only.
OFC' s Dividend Yield Range Over the Past 10 Years
Min: 2.15  Med: 4.19 Max: 8.53
Current: 3.31
2.15
8.53
Dividend Payout 3.33
OFC's Dividend Payout is ranked lower than
84% of the 704 Companies
in the Global REIT - Office industry.

( Industry Median: 0.85 vs. OFC: 3.33 )
Ranked among companies with meaningful Dividend Payout only.
OFC' s Dividend Payout Range Over the Past 10 Years
Min: 0.63  Med: 3.71 Max: 5.24
Current: 3.33
0.63
5.24
Forward Dividend Yield 3.31
OFC's Forward Dividend Yield is ranked lower than
96% of the 906 Companies
in the Global REIT - Office industry.

( Industry Median: 5.46 vs. OFC: 3.31 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 2.50
OFC's Yield on cost (5-Year) is ranked lower than
99.99% of the 907 Companies
in the Global REIT - Office industry.

( Industry Median: 6.05 vs. OFC: 2.50 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
OFC' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.61  Med: 3.14 Max: 6.39
Current: 2.5
1.61
6.39
3-Year Average Share Buyback Ratio -2.70
OFC's 3-Year Average Share Buyback Ratio is ranked higher than
67% of the 408 Companies
in the Global REIT - Office industry.

( Industry Median: -6.20 vs. OFC: -2.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
OFC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -107.9  Med: -10.8 Max: -2.7
Current: -2.7
-107.9
-2.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.48
OFC's Price/Tangible Book is ranked lower than
89% of the 724 Companies
in the Global REIT - Office industry.

( Industry Median: 1.15 vs. OFC: 2.48 )
Ranked among companies with meaningful Price/Tangible Book only.
OFC' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.7  Med: 1.9 Max: 3.69
Current: 2.48
0.7
3.69
Price/Projected FCF 20.91
OFC's Price/Projected FCF is ranked lower than
97% of the 262 Companies
in the Global REIT - Office industry.

( Industry Median: 1.23 vs. OFC: 20.91 )
Ranked among companies with meaningful Price/Projected FCF only.
OFC' s Price/Projected FCF Range Over the Past 10 Years
Min: 19.64  Med: 19.64 Max: 20.91
Current: 20.91
19.64
20.91
Price/Median PS Value 1.41
OFC's Price/Median PS Value is ranked lower than
84% of the 591 Companies
in the Global REIT - Office industry.

( Industry Median: 1.06 vs. OFC: 1.41 )
Ranked among companies with meaningful Price/Median PS Value only.
OFC' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.12  Med: 0.81 Max: 1.57
Current: 1.41
0.12
1.57
Earnings Yield (Greenblatt) (%) 1.10
OFC's Earnings Yield (Greenblatt) (%) is ranked lower than
88% of the 731 Companies
in the Global REIT - Office industry.

( Industry Median: 4.60 vs. OFC: 1.10 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
OFC' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.1  Med: 2.9 Max: 7.6
Current: 1.1
0.1
7.6
Forward Rate of Return (Yacktman) (%) -0.15
OFC's Forward Rate of Return (Yacktman) (%) is ranked lower than
57% of the 378 Companies
in the Global REIT - Office industry.

( Industry Median: 2.84 vs. OFC: -0.15 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
OFC' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -26.8  Med: -11.7 Max: 0.7
Current: -0.15
-26.8
0.7

More Statistics

Revenue (TTM) (Mil) $574.3
EPS (TTM) $ -0.04
Beta0.92
Short Percentage of Float3.63%
52-Week Range $21.93 - 33.33
Shares Outstanding (Mil)94.76
» More Articles for OFC

Headlines

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ETFs with exposure to Corporate Office Properties Trust, Inc. : February 14, 2017 Feb 14 2017
Corporate Office Properties Trust, Inc. :OFC-US: Earnings Analysis: 2016 By the Numbers : February... Feb 14 2017
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Edited Transcript of OFC earnings conference call or presentation 10-Feb-17 5:00pm GMT Feb 10 2017
Corporate Office Properties Trust Earnings Call scheduled for 12:00 pm ET today Feb 10 2017
Corporate Office Properties reports 4Q results Feb 09 2017
Corporate Office Properties reports 4Q results Feb 09 2017
CORPORATE OFFICE PROPERTIES TRUST Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 09 2017
COPT Reports 4Q and Full Year 2016 Results Feb 09 2017
Q4 2016 Corporate Office Properties Trust Earnings Release - After Market Close Feb 09 2017
COPT Declares First Quarter 2017 Dividends Feb 07 2017
COPT Announces Tax Treatment of 2016 Distributions Jan 25 2017
COPT Establishes 2017 Guidance; Sets Date for Releasing 4Q and Full Year 2016 Results Jan 17 2017
COPT shows off plans for 'Michigan Avenue-style' retail center downtown Jan 13 2017
Corporate Office Properties (OFC) Discloses Q4 Dispositions Jan 04 2017
COPT sells $54.1M in assets in fourth quarter Jan 03 2017
COPT Reports 4Q16 Dispositions Jan 03 2017

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