COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology ("IT") related activities servicing what the Company believes are growing, durable, priority missions ("Defense/IT Locations"). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics ("Regional Office Properties"). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.
Frequently asked questions
What sector does Corporate Office Properties Trust (OFC) operate in?
Corporate Office Properties Trust belongs to the Real Estate sector and operates in the REIT - Office industry.
What is Corporate Office Properties Trust (OFC) Earnings Per Share (EPS)?
The trailing EPS is $1.68, and the forward EPS is $1.18.
What is Corporate Office Properties Trust (OFC) EBITDA?
Corporate Office Properties Trust EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 49.54 million.
Does Corporate Office Properties Trust (OFC) pay dividends?
No. Corporate Office Properties Trust does not pay a dividend.
How did Corporate Office Properties Trust (OFC) perform in its most recent earnings report?
In the last report (September 30, 2023), Corporate Office Properties Trust posted an EPS surprise of -792.86% and a revenue surprise of 5.14%.
When is Corporate Office Properties Trust (OFC) next earnings report?
Corporate Office Properties Trust is expected to release its next earnings report on December 31, 2023.
