Last $25.35 USD
Change Today -0.17 / -0.67%
Volume 371.5K
As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

columbia property trust inc (CXP) Snapshot

Open
$25.49
Previous Close
$25.52
Day High
$25.55
Day Low
$25.23
52 Week High
05/14/14 - $29.59
52 Week Low
12/9/13 - $22.55
Market Cap
3.2B
Average Volume 10 Days
744.8K
EPS TTM
$0.53
Shares Outstanding
125.0M
EX-Date
11/28/14
P/E TM
48.2x
Dividend
$1.20
Dividend Yield
4.74%
Current Stock Chart for COLUMBIA PROPERTY TRUST INC (CXP)

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columbia property trust inc (CXP) Details

Columbia Property Trust, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on investing in and managing high-quality commercial office properties. The firm was formerly known as Wells Real Estate Investment Trust II Inc. Columbia Property Trust, Inc was founded in July 2003 and is based in Atlanta, Georgia.

92 Employees
Last Reported Date: 02/20/14
Founded in 2003

columbia property trust inc (CXP) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $802.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $495.4K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $327.8K
Compensation as of Fiscal Year 2013.

columbia property trust inc (CXP) Key Developments

Columbia Property Trust, Inc. Declares Regular Cash Dividend for the Fourth Quarter of 2014, Payable on December 16, 2014

Columbia Property Trust, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.30 per share, or $1.20 per share on an annualized basis, for the fourth quarter of 2014. The dividend will be paid on December 16, 2014, to shareholders of record as of December 2, 2014.

Columbia Property Trust, Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides FFO Guidance for the Year Ending December 31, 2014

Columbia Property Trust, Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2014. Net income attributable to common stockholders was $25.0 million, or $0.20 per diluted share, for the third quarter of 2014 compared with net income attributable to common stockholders of $4.8 million, or $0.04 per diluted share, for the third quarter of 2013. Normalized FFO was $64.1 million, or $0.51 per diluted share, for the third quarter of 2014 compared with $71.4 million, or $0.53 per diluted share, in the prior-year period. AFFO was $49.4 million, or $0.40 per diluted share, for the third quarter of 2014 compared with $50.6 million, or $0.38 per diluted share, in the prior-year period. Revenues were $136,981,000 against $132,502,000 for the same period of last year. Real estate operating income was $24,828,000 against $32,291,000 for the same period of last year. Income before income tax expense and gains on sale of real estate assets was $7,330,000 against $14,430,000 for the same period of last year. Income from continuing operations was $25,528,000 against $14,006,000 for the same period of last year. Income from continuing operations per diluted share was $0.20 against $0.10 for the same period of last year. Funds from operations were $55,837,000 against $70,608,000 for the same period of last year. FFO per diluted share was $0.45 against $0.52 for the same period of last year. EBITDA was $92,326,000 against $69,544,000 for the same period of last year. Adjusted EBITDA was $81,984,000 against $90,379,000 for the same period of last year. Total capital expenditures in the quarter were $18.4 million compared with $25 million in the second quarter and $17.6 million in the third quarter a year ago. Net income attributable to common stockholders was $36.4 million, or $0.29 per diluted share, for the first nine months of 2014 compared with $2.8 million, or $0.02 per diluted share, for the first nine months of 2013. Normalized FFO was $193.8 million, or $1.55 per diluted share, for the first nine months of 2014 compared with $210.9 million, or $1.55 per diluted share, in the prior-year period. AFFO was $146.7 million, or $1.17 per diluted share, for the first nine months of 2014 compared with $143.8 million, or $1.06 per diluted share, in the prior-year period. Revenues were $402,906,000 against $393,191,000 for the same period of last year. Real estate operating income was $70,490,000 against $64,085,000 for the same period of last year. Income before income tax expense and gains on sale of real estate assets was $19,499,000 against $12,486,000 for the same period of last year. Income from continuing operations was $37,690,000 against $11,840,000 for the same period of last year. Income from continuing operations per diluted share was $0.30 against $0.09 for the same period of last year. Funds from operations were $179,433,000 against $180,963,000 for the same period of last year. FFO per diluted share was $1.44 against $1.33 for the same period of last year. EBITDA was $233,139,000 against $195,277,000 for the same period of last year. Adjusted EBITDA was $244,859,000 against $266,370,000 for the same period of last year. Based on acquisition and disposition activity to date, as well as stronger Same Store Cash NOI growth and lower expenses, the company has increased both the upper and lower end of its guidance range for the full year 2014. For the year ending December 31, 2014, the company now expects to report Normalized FFO in the range of $2.01 to $2.03 per diluted share and Net income available to common stockholders in the range of $0.35 to $0.37 per diluted share.

Columbia Property Trust, Inc. to Report Q3, 2014 Results on Oct 30, 2014

Columbia Property Trust, Inc. announced that they will report Q3, 2014 results After-Market on Oct 30, 2014

 

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Price/Earnings 62.4x
Price/Sales 5.9x
Price/Book 1.2x
Price/Cash Flow 14.0x
TEV/Sales 2.2x
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