Orion Office REIT (NYSE:ONL) Releases FY 2026 Earnings Guidance

Orion Office REIT (NYSE:ONL) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.690-0.76 for the period. The company issued revenue guidance of -.

Orion Office REIT Price Performance

Shares of NYSE ONL traded down $0.07 during mid-day trading on Thursday, hitting $2.84. 323,835 shares of the stock traded hands, compared to its average volume of 307,675. The company has a market cap of $161.11 million, a PE ratio of -1.14 and a beta of 1.57. Orion Office REIT has a twelve month low of $1.63 and a twelve month high of $3.05. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.39 and a quick ratio of 2.39. The firm has a 50 day simple moving average of $2.39 and a two-hundred day simple moving average of $2.34.

Orion Office REIT (NYSE:ONL) last issued its earnings results on Thursday, May 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.12). Orion Office REIT had a negative return on equity of 20.13% and a negative net margin of 94.35%.The firm had revenue of $36.27 million during the quarter, compared to analyst estimates of $34.41 million. Orion Office REIT has set its FY 2026 guidance at 0.690-0.76 EPS.

Orion Office REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, March 31st. Orion Office REIT’s dividend payout ratio (DPR) is -3.21%.

Analyst Ratings Changes

Several research firms recently commented on ONL. Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Office REIT in a research report on Tuesday, April 21st. JonesTrading upgraded shares of Orion Office REIT from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a report on Monday, January 26th. Finally, Wall Street Zen upgraded Orion Office REIT from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Orion Office REIT currently has an average rating of “Hold” and an average price target of $3.00.

Institutional Investors Weigh In On Orion Office REIT

Large investors have recently modified their holdings of the company. OMERS ADMINISTRATION Corp acquired a new position in Orion Office REIT in the fourth quarter valued at $132,000. Barclays PLC raised its position in shares of Orion Office REIT by 2,087,733.3% in the 4th quarter. Barclays PLC now owns 62,635 shares of the company’s stock worth $142,000 after acquiring an additional 62,632 shares in the last quarter. PenderFund Capital Management Ltd. bought a new position in shares of Orion Office REIT in the 3rd quarter worth about $100,000. Algert Global LLC acquired a new position in shares of Orion Office REIT in the 3rd quarter valued at about $67,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Orion Office REIT by 63.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 30,617 shares of the company’s stock valued at $65,000 after purchasing an additional 11,840 shares during the period. 79.95% of the stock is currently owned by institutional investors and hedge funds.

About Orion Office REIT

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.