Contrasting of CoreSite Realty Corporation (COR) and Its Rivals

As REIT – Office company, CoreSite Realty Corporation (NYSE:COR) is competing with its rivals based on the profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation.

Institutional & Insider Ownership

0% of CoreSite Realty Corporation’s shares are held by institutional investors. Comparatively, 75.05% of all REIT – Office’s companies shares are held by institutional investors. 0.7% of CoreSite Realty Corporation shares are held by company insiders. Comparatively, 3.70% of all REIT – Office companies shares are held by company insiders.

Profitability

Table 1 has CoreSite Realty Corporation and its rivals’ net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
CoreSite Realty Corporation 14.31% 30.10% 4.40%
Industry Average 12.02% 7.90% 2.35%

Earnings and Valuation

The following data compares CoreSite Realty Corporation and its rivals’ gross revenue, net income and valuation.

Net Income Gross Revenue Price/Earnings Ratio
CoreSite Realty Corporation 77.92M 544.39M 45.91
Industry Average 83.05M 690.81M 57.62

CoreSite Realty Corporation has lower revenue and P/E Ratio than its rivals. The company has a lower price-to-earnings ratio which is presently more affordable in compare to its rivals.

Analyst Recommendations

Table 3 provides breakdown of recent ratings for CoreSite Realty Corporation and its rivals.

Sell Ratings Hold Ratings Buy Ratings Rating Score
CoreSite Realty Corporation 1 3 0 2.75
Industry Average 1.00 1.69 2.19 2.55

CoreSite Realty Corporation presently has an average target price of $104.5, suggesting a potential downside of -3.34%. The rivals have a potential upside of 22.56%. Given CoreSite Realty Corporation’s stronger consensus rating and higher probable upside, analysts plainly believe CoreSite Realty Corporation is more favorable than its rivals.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of CoreSite Realty Corporation and its rivals.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
CoreSite Realty Corporation -2.45% 3.16% 5.95% -12.44% 10.02% 16.83%
Industry Average 1.70% 3.85% 6.62% 11.39% 18.86% 14.38%

For the past year CoreSite Realty Corporation’s stock price has bigger growth than the average for its rivals.

Volatility and Risk

CoreSite Realty Corporation has a beta of 0.78 and its 22.00% less volatile than S&P 500. In other hand, CoreSite Realty Corporation’s rivals have beta of 0.88 which is 12.00% less volatile than S&P 500.

Dividends

The annual dividend that CoreSite Realty Corporation pay is $4.14 per share with a dividend yield of 3.82%. On the other side CoreSite Realty Corporation’s rivals have dividend yield of 4.34%.

Summary

CoreSite Realty Corporation’s peers beat on 6 of the 7 factors CoreSite Realty Corporation.

CoreSite Realty Corporation engages in the ownership, acquisition, construction, and management of data centers. The data centers are specialized and secure buildings that house networking, storage, and communications technology infrastructure, including servers, storage devices, switches, routers, and fiber optic transmission equipment. These buildings provide the power, cooling, and network connectivity to operate this mission-critical equipment. The companyÂ’s data centers are located in Los Angeles, the San Francisco Bay and northern Virginia areas, Chicago, Boston, New York City, and Miami. CoreSite Realty Corporation serves telecommunications carriers, content and media entertainment providers, cloud providers, enterprise customers, financial and educational institutions, and government agencies. As of December 31, 2011, its property portfolio included 12 operating data center facilities and 1 development site. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2010 and is headquartered in Denver, Colorado.

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