Office Depot Inc. (ODP)

2.00
0.01 0.74
NASDAQ : Retail Trade
Prev Close 2.02
Open 2.05
Day Low/High 1.99 / 2.05
52 Wk Low/High 1.83 / 3.82
Volume 222.81K
Avg Volume 5.21M
Exchange NASDAQ
Shares Outstanding 546.28M
Market Cap 1.17B
EPS 0.20
P/E Ratio 16.46
Div & Yield 0.10 (4.65%)

Latest News

Midday Report: Blue Apron Opens for Trading; Tech Selloff Weighs on Markets

Midday Report: Blue Apron Opens for Trading; Tech Selloff Weighs on Markets

A selloff in tech found its legs again, wiping out the Nasdaq and weighing on broader markets.

These 3 Retail Stocks Are Not Getting Obliterated Like Sears

These 3 Retail Stocks Are Not Getting Obliterated Like Sears

Bricks-and-mortar retail stocks are getting crushed as a group -- but these three are ready to charge higher.

Staples to Close 70 Stores This Year

Staples to Close 70 Stores This Year

Office supply retailer Staples announced that they will be closing 70 stores this year.

Novice Trade: Staples

Novice Trade: Staples

With a failed merger behind it, the office products chain can focus on earnings growth.

7 Bargain-Basement Stocks That Could Rebound in 2017

7 Bargain-Basement Stocks That Could Rebound in 2017

Shopping the trash bin can be profitable, but focus on those companies that have strong balance sheets.

This Year's Jewels in Last Year's Junk

This Year's Jewels in Last Year's Junk

I am far more likely to be digging in the garbage can than the penthouse for stock ideas.

Oh Look, 13F Filings Are Out! Baupost Group Is My Favorite

Oh Look, 13F Filings Are Out! Baupost Group Is My Favorite

With the current uncertainty in the markets, Baupost's ideas are a great refuge for investors.

Stressed Out: Staples Has Moved On, Office Depot Hasn't

Stressed Out: Staples Has Moved On, Office Depot Hasn't

Office Depot needs to innovate, like its rival and former merger partner Staples has been attempting to do.

Amazon Should Just Buy Dying Staples

Amazon Should Just Buy Dying Staples

Just do it, Jeff: The price is right, you get instant community access and, oy, what you could do with those stores.

Anything These Guys Are Selling, I'm not Buying

Anything These Guys Are Selling, I'm not Buying

When KKR and Apollo sell a stock it should be a huge red flag to investors to consider following suit.

Stocks Mixed Ahead of Fed Minutes; Target Lowers Guidance

Stocks Mixed Ahead of Fed Minutes; Target Lowers Guidance

U.S. stocks turned mixed Wednesday as investors awaited the minutes of the Federal Reserve's July meeting.

For Value Investors, Arbiter Partners Knows How to Pick 'Em

For Value Investors, Arbiter Partners Knows How to Pick 'Em

These managers have great track records and I have made money stealing their ideas.

Closing Bell: Kate Spade Slumps; Dow Snaps Seven-Day Losing Streak

Closing Bell: Kate Spade Slumps; Dow Snaps Seven-Day Losing Streak

The Dow snapped a seven-day losing streak with only slight gains as traders appeared hesitant ahead of Friday's jobs report.

Office Depot Has a Bounce-Back Quarter

Office Depot Has a Bounce-Back Quarter

The office-supply retailer initiates an annualized $0.10 per share dividend and ups its stock buyback program.

Is PriceSmart a No Brainer?

Is PriceSmart a No Brainer?

Founded by Price Club veterans, this stock looks promising.

Walgreens Is a Perfect Stock for Either a Trump or Clinton Presidency

A Clinton presidency will ensure upending support for ObamaCare, while a Trump presidency won't be able to touch it. Either way, Walgreens Boots Alliance wins.

Staples CEO Ron Sargent to Step Down After Failed Office Depot Merger

Staples CEO Ron Sargent to Step Down After Failed Office Depot Merger

Shares of Staples are down fractionally Wednesday on word the company's CEO has decided to step down after the failed merger with Office Depot.

Don't Get Too Attached to Staples' Dividend

Don't Get Too Attached to Staples' Dividend

The company will need the cash it's paying to investors to either maintain operations or restructure itself.

Midday Report: Bank of America Backs Staples; Stocks Are Cautious

Midday Report: Bank of America Backs Staples; Stocks Are Cautious

Stocks struggled for direction as the possibility of a rate hike in June continued to loom large over Wall Street.

Staples Returns to Normalcy, but Headwinds Remain After Failed Merger

Staples' market position will leave Office Depot dazed and confused, but other challenges are lurking.

Midday Report: Goldman Gives Tesla Thumbs-Up; U.S. Stocks Fluctuate Ahead of Fed

Midday Report: Goldman Gives Tesla Thumbs-Up; U.S. Stocks Fluctuate Ahead of Fed

U.S. stocks were in flux as investors awaited further clues from the Federal Reserve as to the next rate hike.

Trending Tickers: HD, P, ABBV, ODP, LC

Home Depot shares were falling despite a strong first-quarter showing. 

Activists Also to Blame for Mega-Deal Failures

Insurgent managers pushed for big mergers and hostile bids that ended up with government challenges and threats.

FTC and Amazon Put Office Supply Business in the Shredder

Rejection of the Office Depot/Staples merger brings into question the long-term viability of these chains.

Stressed Out: Downgrades Aren't in Short Supply for Office Depot, Staples

Analysts at Jefferies and UBS downgrade the companies after a judge blocks their merger.

Woe is 'Re' (as in 'Retail')

Macy's poor guidance is but one sign of retailing's problems.

Woe is 'Re' (as in 'Retail')

The hits just keep on coming for retailers. Following dismal forward guidance earlier this week from The Gap (GPS), Macy's (M) and Fossil (FOSL) issued similarly downbeat outlooks over the past day or so as well. The "oil-dividend thesis" is played ...

Trending Tickers: DIS, SPLS, ODP, BP, M

Office Depot and Staples weighed heavily on falling markets Wednesday.