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Corporate Office Properties Trust - OFC STOCK NEWS

Welcome to our dedicated news page for Corporate Office Properties Trust (Ticker: OFC), a resource for investors and traders seeking the latest updates and insights on Corporate Office Properties Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Corporate Office Properties Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Corporate Office Properties Trust's position in the market.

Rhea-AI Summary
COPT Defense Properties announces release date and conference call details for third quarter 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Summary
COPT CEO to present at BofA Securities conference
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End-of-Day
-- %
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conferences
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Rhea-AI Summary
COPT announces pricing of $300 million Exchangeable Senior Notes offering
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Rhea-AI Sentiment
End-of-Day
3.8%
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none
Rhea-AI Summary
COPT to offer $300 million aggregate principal amount of Exchangeable Senior Notes due 2028 in a private placement
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Rhea-AI Sentiment
End-of-Day
-4.15%
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none
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Rhea-AI Summary
COPT changes its name to COPT Defense Properties and ticker symbol to CDP. The name change aligns with their strategy of focusing on defense and mission critical sectors. The company has a strong portfolio of assets with durable demand characteristics and growing cash flows. The defense/IT portfolio is insulated from work from home trends and corporate rightsizing. No action needed from current shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
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none
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Rhea-AI Summary
Corporate Office Properties Trust (COPT) has declared a regular quarterly dividend of $0.285 per common share for the third quarter ending September 30, 2023. The dividend represents an annualized amount of $1.14 per share and will be payable on October 16, 2023, to shareholders of record on September 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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dividends earnings
News
Rhea-AI Summary
Corporate Office Properties Trust (COPT) announced strong second-quarter results, exceeding guidance and increasing its full-year guidance. FFO per share was $0.60, surpassing expectations. Same-property cash NOI increased by 5.8% in Q2 and 7.0% year-to-date. The company raised its same-property cash NOI guidance for the year by 100 basis points. COPT also reported strong leasing volume and tenant retention rates. The company's investment grade balance sheet and portfolio near defense installations position it for continued growth.
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Rhea-AI Sentiment
End-of-Day
1.01%
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Rhea-AI Summary
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1.66%
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End-of-Day
3.46%
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conferences
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Rhea-AI Sentiment
End-of-Day
-1.26%
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dividends earnings
Corporate Office Properties Trust

NYSE:OFC

OFC Rankings

OFC Stock Data

2.85B
111.69M
0.35%
107.69%
2.89%
REIT - Office
Real Estate
Link
United States
Columbia