Office Properties Income Trust (NASDAQ:OPI - Free Report) - B. Riley lifted their Q1 2025 earnings estimates for Office Properties Income Trust in a report issued on Wednesday, November 27th. B. Riley analyst B. Maher now forecasts that the company will earn $0.34 per share for the quarter, up from their previous 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.
Office Properties Income Trust (NASDAQ:OPI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported ($1.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($1.61). Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%. The company had revenue of $120.62 million during the quarter, compared to analysts' expectations of $119.93 million.
Separately, StockNews.com cut Office Properties Income Trust from a "buy" rating to a "hold" rating in a research note on Tuesday, October 15th.
Read Our Latest Report on Office Properties Income Trust
Shares of OPI opened at $1.65 on Monday. The firm has a market capitalization of $92.04 million, a price-to-earnings ratio of -3.67 and a beta of 1.18. The firm's fifty day simple moving average is $1.74 and its 200-day simple moving average is $2.08. Office Properties Income Trust has a twelve month low of $1.06 and a twelve month high of $7.53. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 1.82.
Large investors have recently bought and sold shares of the company. Point72 DIFC Ltd purchased a new position in shares of Office Properties Income Trust during the 2nd quarter worth approximately $34,000. Vanguard Personalized Indexing Management LLC raised its position in Office Properties Income Trust by 40.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 16,758 shares of the company's stock worth $34,000 after acquiring an additional 4,798 shares in the last quarter. Optas LLC acquired a new stake in Office Properties Income Trust in the second quarter valued at $34,000. Summit Securities Group LLC purchased a new stake in shares of Office Properties Income Trust during the 2nd quarter worth $55,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Office Properties Income Trust during the 3rd quarter worth $65,000. Hedge funds and other institutional investors own 64.41% of the company's stock.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, October 28th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 2.42%. The ex-dividend date was Monday, October 28th. Office Properties Income Trust's dividend payout ratio (DPR) is presently -8.89%.
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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