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

Orion Office REIT (NYSE:ONL) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.720-0.770 for the period. The company issued revenue guidance of -.

Orion Office REIT Stock Performance

Shares of ONL traded down $0.06 during mid-day trading on Thursday, reaching $2.60. The company had a trading volume of 361,694 shares, compared to its average volume of 347,874. The stock has a market capitalization of $147.93 million, a P/E ratio of -1.02 and a beta of 1.57. Orion Office REIT has a 52-week low of $1.89 and a 52-week high of $3.05. The stock has a 50 day moving average of $2.78 and a two-hundred day moving average of $2.59. The company has a quick ratio of 3.06, a current ratio of 3.06 and a debt-to-equity ratio of 0.81.

Orion Office REIT (NYSE:ONL) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.49. Orion Office REIT had a negative return on equity of 21.88% and a negative net margin of 98.36%.The company had revenue of $34.30 million during the quarter, compared to analysts’ expectations of $34.16 million. Orion Office REIT has set its FY 2026 guidance at 0.720-0.770 EPS.

Wall Street Analyst Weigh In

ONL has been the topic of several recent analyst reports. JonesTrading increased their target price on shares of Orion Office REIT from $3.00 to $3.50 and gave the stock a “buy” rating in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Orion Office REIT in a report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $3.50.

Hedge Funds Weigh In On Orion Office REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gabelli Funds LLC purchased a new stake in Orion Office REIT in the 2nd quarter valued at $26,000. Hudson Bay Capital Management LP purchased a new stake in shares of Orion Office REIT in the second quarter valued at about $30,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Orion Office REIT in the fourth quarter valued at about $35,000. Jain Global LLC acquired a new stake in Orion Office REIT during the fourth quarter worth about $49,000. Finally, Algert Global LLC acquired a new stake in Orion Office REIT during the third quarter worth about $67,000. Institutional investors and hedge funds own 79.95% of the company’s stock.

Orion Office REIT Company Profile

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.