NASDAQ:OPI

Office Properties Income Trust (OPI) Stock Price, News & Analysis

$2.49
-0.27 (-9.78%)
(As of 05/7/2024 ET)
Today's Range
$2.46
$2.79
50-Day Range
$1.85
$2.87
52-Week Range
$1.81
$8.80
Volume
726,165 shs
Average Volume
1.37 million shs
Market Capitalization
$121.39 million
P/E Ratio
N/A
Dividend Yield
1.61%
Price Target
$4.30

Office Properties Income Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
72.7% Upside
$4.30 Price Target
Short Interest
Bearish
17.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of Office Properties Income Trust in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-18.60%
From $2.85 to $2.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

Finance Sector

594th out of 874 stocks

Real Estate Industry

12th out of 22 stocks

OPI stock logo

About Office Properties Income Trust Stock (NASDAQ:OPI)

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA.

OPI Stock Price History

OPI Stock News Headlines

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OPI Sep 2024 2.000 call
It's Time! 7 Pitiful Penny Stocks to Sell Right Now
See More Headlines
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Company Calendar

Ex-Dividend for 2/15 Dividend
1/19/2024
Dividend Payable
2/15/2024
Ex-Dividend for 5/16 Dividend
4/19/2024
Last Earnings
5/01/2024
Today
5/07/2024
Dividend Payable
5/16/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
N/A
Current Symbol
NASDAQ:OPI
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.30
High Stock Price Target
$7.00
Low Stock Price Target
$1.60
Potential Upside/Downside
+72.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-69,430,000.00
Pretax Margin
-9.65%

Debt

Sales & Book Value

Annual Sales
$533.55 million
Cash Flow
$2.68 per share
Book Value
$25.75 per share

Miscellaneous

Free Float
47,775,000
Market Cap
$121.39 million
Optionable
Optionable
Beta
1.18
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OPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Office Properties Income Trust stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Properties Income Trust in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" OPI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OPI, but not buy additional shares or sell existing shares.
View OPI analyst ratings
or view top-rated stocks.

What is Office Properties Income Trust's stock price target for 2024?

2 equities research analysts have issued 12 month target prices for Office Properties Income Trust's stock. Their OPI share price targets range from $1.60 to $7.00. On average, they expect the company's stock price to reach $4.30 in the next year. This suggests a possible upside of 72.7% from the stock's current price.
View analysts price targets for OPI
or view top-rated stocks among Wall Street analysts.

How have OPI shares performed in 2024?

Office Properties Income Trust's stock was trading at $7.32 at the beginning of 2024. Since then, OPI stock has decreased by 66.0% and is now trading at $2.49.
View the best growth stocks for 2024 here
.

When is Office Properties Income Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our OPI earnings forecast
.

How were Office Properties Income Trust's earnings last quarter?

Office Properties Income Trust (NASDAQ:OPI) released its quarterly earnings data on Wednesday, May, 1st. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by $0.92. The business earned $139.44 million during the quarter, compared to the consensus estimate of $128.28 million. Office Properties Income Trust had a negative trailing twelve-month return on equity of 5.76% and a negative net margin of 13.72%. During the same quarter last year, the firm posted $1.09 EPS.

How often does Office Properties Income Trust pay dividends? What is the dividend yield for Office Properties Income Trust?

Office Properties Income Trust announced a quarterly dividend on Thursday, April 11th. Investors of record on Monday, April 22nd will be paid a dividend of $0.01 per share on Thursday, May 16th. This represents a $0.04 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for OPI
.

Is Office Properties Income Trust a good dividend stock?

Office Properties Income Trust (NASDAQ:OPI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.39%.
Read our dividend analysis for OPI.

What ETFs hold Office Properties Income Trust's stock?

ETFs with the largest weight of Office Properties Income Trust (NASDAQ:OPI) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG).Invesco KBW Premium Yield Equity REIT ETF (KBWY).

What guidance has Office Properties Income Trust issued on next quarter's earnings?

Office Properties Income Trust issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 0.620-0.640 for the period, compared to the consensus earnings per share estimate of 0.730. The company issued revenue guidance of -.

What other stocks do shareholders of Office Properties Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Office Properties Income Trust investors own include Government Properties Income Trust (GOV), AT&T (T), Verizon Communications (VZ), Annaly Capital Management (NLY), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Intel (INTC), Omega Healthcare Investors (OHI) and Macquarie Infrastructure (MIC).

Who are Office Properties Income Trust's major shareholders?

Office Properties Income Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include LSV Asset Management (3.47%), Mirae Asset Global Investments Co. Ltd. (2.73%), Privium Fund Management B.V. (0.41%), Los Angeles Capital Management LLC (0.30%), Susquehanna Fundamental Investments LLC (0.14%) and BNP Paribas Financial Markets (0.09%).
View institutional ownership trends
.

How do I buy shares of Office Properties Income Trust?

Shares of OPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OPI) was last updated on 5/8/2024 by MarketBeat.com Staff

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