Shares of Corporate Office Properties Trust (OFC) have traded between $22.92 – 30.28. The next earnings date is set for Feb 06, 2020. Let’s see how its prospects are shaping up.
What does Corporate Office Properties Trust(OFC) do?
Corporate Office Properties Trust, Inc. is a real estate investment trust, which acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.
OFC Insider Trading Insight
On 2019-12-30, Budorick Stephen E Pres, CEO purchased 1,028 shares of OFC. That represents a value of $141,552. Not to be outdone, on 2019-12-27, Budorick Stephen E P – Purchase bought513 shares of OFC. These insiders are clearly in the know because they work closely with the company.
The RWT Consensus Price Target
The mean recommendation of Redwood Trust, Inc. from top Wall Street analysts is a Strong Buy. That is based on 3 analysts who work on the Street. Based on 3 analysts offering 12 month price targets for Redwood in the last 3 months. The average price target is $17.83 with a high forecast of $18.00 and a low forecast of $17.50. The average price target represents a 4.03% increase from the last price of $17.14. Last week, several articles were published in financial papers about RWT and 37% Bearish while 63% Bullish.
RWT Intraday Trading
RWT is due to report earnings on Feb 13, 2020. In the last year the price has ranged from 15.24 – 17.29. Recently, Stone Andrew P sold 15,000 shares of RWT. He is a $19,968 shareholder in RWT.
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