Office Properties Income Trust (NASDAQ:OPI – Free Report) – Stock analysts at B. Riley raised their Q1 2025 earnings per share estimates for Office Properties Income Trust in a report issued on Wednesday, November 27th. B. Riley analyst B. Maher now expects that the company will post earnings of $0.34 per share for the quarter, up from their prior 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.
Separately, StockNews.com lowered Office Properties Income Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th.
Office Properties Income Trust Trading Down 1.3 %
Shares of NASDAQ:OPI opened at $1.58 on Monday. The company has a market capitalization of $88.13 million, a P/E ratio of -3.51 and a beta of 1.17. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.89 and a quick ratio of 1.89. Office Properties Income Trust has a 1 year low of $1.06 and a 1 year high of $7.53. The business’s 50 day simple moving average is $1.72 and its 200 day simple moving average is $2.07.
Office Properties Income Trust (NASDAQ:OPI – Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported ($1.14) EPS for the quarter, missing the consensus estimate of $0.47 by ($1.61). The company had revenue of $120.62 million for the quarter, compared to analyst estimates of $119.93 million. Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%.
Institutional Trading of Office Properties Income Trust
Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Office Properties Income Trust by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 4,920,629 shares of the company’s stock valued at $10,038,000 after purchasing an additional 45,874 shares during the period. RBF Capital LLC grew its holdings in Office Properties Income Trust by 16.3% during the 3rd quarter. RBF Capital LLC now owns 590,366 shares of the company’s stock valued at $1,287,000 after purchasing an additional 82,872 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Office Properties Income Trust by 42.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 557,107 shares of the company’s stock valued at $1,214,000 after purchasing an additional 167,031 shares during the last quarter. Jane Street Group LLC grew its stake in Office Properties Income Trust by 47.1% in the 3rd quarter. Jane Street Group LLC now owns 341,655 shares of the company’s stock worth $745,000 after acquiring an additional 109,344 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in Office Properties Income Trust in the 3rd quarter worth about $704,000. 64.41% of the stock is currently owned by hedge funds and other institutional investors.
Office Properties Income Trust Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, October 28th were issued a $0.01 dividend. The ex-dividend date was Monday, October 28th. This represents a $0.04 annualized dividend and a dividend yield of 2.53%. Office Properties Income Trust’s payout ratio is currently -8.89%.
About Office Properties Income Trust
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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