Office Properties Income Trust (NASDAQ:OPI - Free Report) - Research analysts at B. Riley boosted their Q1 2025 earnings per share estimates for Office Properties Income Trust in a research note issued to investors on Wednesday, November 27th. B. Riley analyst B. Maher now expects that the company will post earnings per share of $0.34 for the quarter, up from their previous estimate of $0.30. The consensus estimate for Office Properties Income Trust's current full-year earnings is $2.26 per share. B. Riley also issued estimates for Office Properties Income Trust's Q3 2026 earnings at $0.35 EPS.
Office Properties Income Trust (NASDAQ:OPI - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported ($1.14) earnings per share for the quarter, missing the consensus estimate of $0.47 by ($1.61). Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%. The business had revenue of $120.62 million for the quarter, compared to the consensus estimate of $119.93 million.
Separately, StockNews.com cut Office Properties Income Trust from a "buy" rating to a "hold" rating in a research note on Tuesday, October 15th.
View Our Latest Report on OPI
Office Properties Income Trust Price Performance
Shares of NASDAQ:OPI traded down $0.07 during trading on Monday, reaching $1.59. The company had a trading volume of 365,600 shares, compared to its average volume of 1,073,498. Office Properties Income Trust has a twelve month low of $1.06 and a twelve month high of $7.53. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.89 and a current ratio of 1.89. The firm's fifty day moving average is $1.74 and its 200 day moving average is $2.08. The firm has a market capitalization of $88.41 million, a PE ratio of -3.67 and a beta of 1.18.
Office Properties Income Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, October 28th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Monday, October 28th. Office Properties Income Trust's payout ratio is -8.89%.
Institutional Investors Weigh In On Office Properties Income Trust
Several hedge funds have recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new stake in shares of Office Properties Income Trust in the 2nd quarter worth about $34,000. Vanguard Personalized Indexing Management LLC grew its position in Office Properties Income Trust by 40.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 16,758 shares of the company's stock worth $34,000 after acquiring an additional 4,798 shares during the last quarter. Optas LLC acquired a new stake in Office Properties Income Trust during the 2nd quarter valued at $34,000. Summit Securities Group LLC bought a new position in Office Properties Income Trust in the 2nd quarter valued at $55,000. Finally, Quadrature Capital Ltd acquired a new position in Office Properties Income Trust during the 3rd quarter worth $65,000. Institutional investors own 64.41% of the company's stock.
Office Properties Income Trust Company Profile
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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, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.
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