CoreSite Realty Corporation | REIT Profile
Symbol: COR
CIK: 1490892
Exchange: NYSE
Founded: 2001 (20 years)
HQ: Denver, CO, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Data Centers
See COR on Google Finance
See COR on Yahoo Finance
See COR on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day April 20, 2021
Dividend of Trading Day April 20, 2021
Latest News Headlines
- Tue, 13 Apr 2021 07:03:40 -0400 - CoreSite Announces On-Net 100G Dedicated AWS Direct Connect Now Available in Four US Markets
- Thu, 29 Oct 2020 10:33:19 +0000 (UTC) - CoreSite Reports Third Quarter 2020 Financial Results
- Thu, 17 Sep 2020 07:07:55 -0400 - CoreSite Supports Public Sector IT Initiatives
- Wed, 09 Sep 2020 07:03:20 -0400 - CoreSite Completes Memorandum of Understanding for Illinois Tax Incentive Opportunity Inclusive of CH2, CoreSite’s New Downtown Chicago Data Center
- Tue, 08 Sep 2020 07:02:10 -0400 - CoreSite Supports Retailers’ Digital Initiatives
Funds From Operations (FFO)
Key Stats of Trading Day April 20, 2021
Latest REIT Community Comments on #COR
- CorEnergy with an AFFO attributable to Common Stockholders Diluted for Q3 2020 of -$0.21 a $0.5 dividend is unsustainable if this continues. Its stock #CORR is trading at 10% of its value from the start of the year! - Kev B - 2020-11-12 09:40:23 - See full comment
- Stock price for #COR today was already about what it was agreed in the sales terms. So I guess that is a good thing for all parties. - Omick99 - 2020-05-05 12:39:07 - See full comment
- CoreSite first quarter 2020 had some positive results, the REIT grew operating revenues to $147.4 million, an increase of 6.1% year over year and 0.9% sequentially. Delivered net income of $0.48 per common diluted share, a decrease of $0.06 year over year and $0.03 sequentially. Generated Funds From Operations “FFO” of $1.29 per diluted share and unit, an increase of $0.04, or 3.2% year over year and a decrease of $0.01 sequentially, or 0.8%. #COR - Kev B - 2020-05-02 00:00:59 - See full comment
Properties Owned by COR
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 20 | 1 | 8 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $112.41 per share you would have been able to buy 8 shares of COR on 2020-04-21 costing $899.28 | @ $112.41 per share you would have been able to buy 4 shares of COR on 2020-04-21 costing $449.64 | @ $112.41 per share you would have been able to buy 2 shares of COR on 2020-04-21 costing $224.82 | @ $112.41 per share you would have been able to buy 0 shares of COR on 2020-04-21 costing $0.00 | @ $112.41 per share you would have been able to buy 0 shares of COR on 2020-04-21 costing $0.00 |
| Current worth | On 2021-04-20 these 8 shares would be worth $1,018.16 @ $127.27 | On 2021-04-20 these 4 shares would be worth $509.08 @ $127.27 | On 2021-04-20 these 2 shares would be worth $254.54 @ $127.27 | On 2021-04-20 these 0 shares would be worth $0.00 @ $127.27 | On 2021-04-20 these 0 shares would be worth $0.00 @ $127.27 |
| Dividends earned | $39.20 in dividends would have been earned since 2020-04-21 with 8 shares. | $20 in dividends would have been earned since 2020-04-21 with 4 shares. | $9.80 in dividends would have been earned since 2020-04-21 with 2 shares. | $0.00 in dividends would have been earned since 2020-04-21 with 0 shares. | $0.00 in dividends would have been earned since 2020-04-21 with 4 shares. |
| Net (gain / loss)* | 158.08 USD | 79.04 USD | 39.52 USD | 0.00 USD | 0.00 USD |
| ROI** | 17.58% | 17.58% | 17.58% | 0.00% | 0.00% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
About CoreSite Realty Corporation
CoreSite Realty Corporation started in 2001 as CRG West, a portfolio company of The Carlyle Group. It was created to meet the needs of interconnection and data center customers at One Wilshire in Los Angeles and 55 South Market in San Jose. In 2009, CRG West rebranded as CoreSite—a name more indicative of the company’s national capabilities, international reach and mission-critical reliability. In 2010, CoreSite became publicly traded on the New York Stock Exchange (NYSE: COR). Today, CoreSite has 20 operational data centers in eight major communications markets across the United States, serves more than 1,200 customers and has a portfolio totaling more than 2.8 million square feet of data center space.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 10 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.2 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.2 |
| 10 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.9 |
| 10 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 7.5 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 7.9 |
| 10 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.7 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 9.2 |
| Rating | Leverage Section | Avg. Rating |
| 10 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 7.2 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 8.4 |
| 10 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 8 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
| 0 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.9 |
| 3 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.6 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 8 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 4.8 |
| 8 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.7 |
| Rating | Properties Section | Avg. Rating |
| 8 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.3 |
| 4 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.6 |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 8 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 4 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 6.0 |
| 8.1 | Overall REITRating™ Score (See trend) | 6.2 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
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|---|---|---|---|---|---|
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| Monmouth Real Estate Investment Corp (MNR) | 7.6 | NYSE | Small-Cap | Industrial | United States |
| Digital Realty Trust (DLR) | 9.2 | NYSE | Large-Cap | Data Centers | United States |
| STAG Industrial, Inc. (STAG) | 9.2 | NYSE | Mid-Cap | Industrial | United States |
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| Rexford Industrial Realty, Inc. (REXR) | 9.2 | NYSE | Mid-Cap | Industrial | United States |
Last updated: 2021-04-21 - v1.5