Office Properties Income Trust (NASDAQ:OPI - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Office Properties Income Trust to post earnings of $0.50 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Office Properties Income Trust (NASDAQ:OPI - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $0.64 by $0.93. Office Properties Income Trust had a net margin of 2.69% and a return on equity of 1.11%. The firm had revenue of $123.69 million for the quarter, compared to the consensus estimate of $123.45 million. On average, analysts expect Office Properties Income Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Office Properties Income Trust Stock Performance
Shares of OPI opened at $1.96 on Wednesday. The firm's 50 day moving average price is $2.15 and its two-hundred day moving average price is $2.21. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.35 and a current ratio of 1.35. Office Properties Income Trust has a twelve month low of $1.81 and a twelve month high of $7.53. The firm has a market cap of $98.59 million, a P/E ratio of -1.27 and a beta of 1.15.
Office Properties Income Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Investors of record on Monday, October 28th will be given a $0.01 dividend. The ex-dividend date is Monday, October 28th. This represents a $0.04 annualized dividend and a yield of 2.04%. Office Properties Income Trust's dividend payout ratio is currently -2.60%.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Office Properties Income Trust from a "buy" rating to a "hold" rating in a report on Tuesday, October 15th.
Get Our Latest Stock Report on OPI
About Office Properties Income Trust
(
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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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