Orion Office REIT (ONL) Stock Price, News & Analysis

Company Overview

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.

Key Stats

• Today's Range: $3.83 to $4.02
• 50-Day Range: $3.69 to $4.32
• 52-Week Range: $3.01 to $6.22
• Volume: 102,912 shs
• Average Volume: 392,575 shs
• Market Capitalization: $224.92 million
• P/E Ratio: N/A
• Dividend Yield: 9.95%
• Price Target: N/A
• Consensus Rating: Hold

Orion Office REIT Stock Analysis - MarketRank™

Orion Office REIT scored higher than 46% of companies evaluated by MarketBeat, and ranked 661st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Orion Office REIT.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Orion Office REIT is -2.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Orion Office REIT is -2.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Orion Office REIT has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.79% of the float of Orion Office REIT has been sold short.

Short Interest Ratio / Days to Cover

Orion Office REIT has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orion Office REIT has recently decreased by 5.81%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Orion Office REIT is a leading dividend payer. It pays a dividend yield of 10.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Orion Office REIT does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.79% of the float of Orion Office REIT has been sold short.

Short Interest Ratio / Days to Cover

Orion Office REIT has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orion Office REIT has recently decreased by 5.81%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Orion Office REIT has a news sentiment score of 1.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Orion Office REIT this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for ONL on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Orion Office REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Orion Office REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.16% of the stock of Orion Office REIT is held by insiders.

Percentage Held by Institutions

79.95% of the stock of Orion Office REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ONL Stock Analysis - Frequently Asked Questions

How have ONL shares performed this year?

Orion Office REIT's stock was trading at $5.72 at the start of the year. Since then, ONL shares have decreased by 33.0% and is now trading at $3.83.
View the best growth stocks for 2024 here.

Who are Orion Office REIT's major shareholders?

Top institutional shareholders of Orion Office REIT include Private Management Group Inc. (9.18%), Geode Capital Management LLC (2.70%), State Street Corp (2.29%) and Charles Schwab Investment Management Inc. (1.17%).
View institutional ownership trends.

How do I buy shares of Orion Office REIT?

Shares of ONL 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.

What other stocks do shareholders of Orion Office REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Orion Office REIT investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:ONL
• CUSIP: N/A
• CIK: 1873923
• Web: www.onlreit.com
• Phone: 602-698-1002
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-57,300,000.00
• Net Margins: -50.76%
• Pretax Margin: -50.67%
• Return on Equity: -10.28%
• Return on Assets: -6.26%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 0.75
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $195.04 million
• Price / Sales: 1.10
• Cash Flow: $0.98 per share
• Price / Cash Flow: 3.91
• Book Value: $14.34 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 55,950,000
• Free Float: 55,858,000
• Market Cap: $214.29 million
• Optionable: Not Optionable
• Beta: 0.99