Home Dividends High Dividend Yield Latest Change: CoreSite Realty Corporation (NYSE: COR)

Latest Change: CoreSite Realty Corporation (NYSE: COR)

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CoreSite Realty Corporation is in the REITs industry and is in the real estate sector. The company CEO is Paul E. Szurek. CoreSite Realty Corp is a fully integrated, self-administered and self-managed real estate investment trust. The Company is engaged in the business of owning, acquiring, constructing and operating data centers.

Previous Intraday Trading Performance:

The COR stock showed a previous change of -1.72% with an open at 114.25 and a close of 112.57. It reached an intraday high of 114.27 and a low of 111.21.

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Liquidity:

The stock has a market cap of $4.2b with 36.9m shares outstanding, of which the float is 35.7m shares. Trading volume reached 391,088 shares compared to its average volume of 256,135 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, CoreSite Realty Corporation shares returned -3.46% and in the past 30 trading days it returned 3.76%. Over three months, it changed 11.62%. In one year it has changed 8.34% and within that year its 52-week high was 120.93 and its 52-week low was 82.64. COR stock is 36.22% above its 52 Week Low.

Our calculations show a 200 day moving average of 102.50 and a 50 day moving average of 111.68. Currently COR stock is trading 9.82% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 2.22 that ended on 31st of December 2018, which according to the previous close, that is a PE of 50.71. Based on 10 analyst estimates, the consensus EPS for the next quarter is 1.30. The TTM EPS is 5.06, which comes to a TTM PE of 22.25. Historically, the PE high was 91.10 and the PE low was 22.25. COR stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/24/2019): 0.54
4thQtr of 2018 (Reported on 02/06/2019): 0.54
3rdQtr of 2018 (Reported on 10/25/2018): 0.52
2ndQtr of 2018 (Reported on 07/26/2018): 0.57
1stQtr of 2018 (Reported on 04/26/2018): 0.59

The dividend per share is currently 4.88, which is a dividend yield of 4.34%.

Base on our calculations, the intrinsic value per share is 150.44, which means it is possibly undervalued and has a margin of safety of 25.17%.

Indicators to Watch:

Short-interest was 1,504,549, which was 4.08% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.78. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.61.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 31.38%, return on assets is 4.33%, profit margin is 18.80%, price-to-sales is 7.63 and price-to-book is 19.06.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 1  :Financial Strength Score
 3  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.