How have ONL shares performed in 2024?

Orion Office REIT's stock was trading at $5.72 at the beginning of the year. Since then, ONL stock has decreased by 46.5% and is now trading at $3.06. View the best growth stocks for 2024 here .

Are investors shorting Orion Office REIT?

Orion Office REIT saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,370,000 shares, an increase of 25.7% from the February 29th total of 1,090,000 shares. Based on an average daily volume of 444,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.6% of the shares of the company are sold short. View Orion Office REIT's Short Interest .

When is Orion Office REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ONL earnings forecast .

How can I listen to Orion Office REIT's earnings call?

Orion Office REIT will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745190".

How often does Orion Office REIT pay dividends? What is the dividend yield for Orion Office REIT?

Orion Office REIT declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 13.07%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for ONL .

Is Orion Office REIT a good dividend stock?

Orion Office REIT (NYSE:ONL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 13.11%. ONL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for ONL .

What ETFs hold Orion Office REIT's stock?

ETFs with the largest weight of Orion Office REIT (NYSE:ONL) stock in their portfolio include Cambria Global Real Estate ETF (BLDG) . Invesco S&P Spin-Off ETF (CSD) .

What guidance has Orion Office REIT issued on next quarter's earnings?

Orion Office REIT issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 0.930-1.010 for the period, compared to the consensus estimate of 1.340. The company issued revenue guidance of -.

Who are Orion Office REIT's major shareholders?

Orion Office REIT's stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.89%), Oak Thistle LLC (0.03%) and Community Bank of Raymore (0.02%). 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 .

NYSE:ONL

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

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$3.06

-0.02 (-0.65%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.02
▼
$3.11
50-Day Range: $3.04
▼
$5.15
52-Week Range: $3.01
▼
$7.07

Volume: 597,755 shs
Average Volume: 453,143 shs
Market Capitalization: $170.87 million

P/E Ratio: N/A
Dividend Yield: 13.07%
Price Target: N/A

Get Orion Office REIT alerts:

Orion Office REIT MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.27% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.77
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Real Estate Sector

7th out of 10 stocks

REIT - Office Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Orion Office REIT.

5.0

Short Interest

Percentage of Shares Shorted
2.27% 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 2.7, 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 11.68%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Orion Office REIT is a leading dividend payer. It pays a dividend yield of 13.11%, 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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ONL.

3.2

News and Social Media Coverage

News Sentiment
Orion Office REIT has a news sentiment score of 0.77. 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 0.50 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Orion Office REIT this week, compared to 0 articles on an average week.
Search Interest
6 people have searched for ONL on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 6 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.

1.7

Company Ownership

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.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Orion Office REIT is -3.00, 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 -3.00, 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 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Orion Office REIT Stock (NYSE:ONL)

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.

ONL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ONL Stock News Headlines

April 12, 2024 | businesswire.com

Orion Office REIT Inc. Announces First Quarter 2024 Earnings Release and Webcast Dates

March 18, 2024 | investorplace.com

7 REITs to Sell in March Before They Crash & Burn

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 15, 2024 | msn.com

City Office REIT, Inc. RED PFD SER A declares $0.414 dividend

February 29, 2024 | finance.yahoo.com

Orion Office REIT Inc. (NYSE:ONL) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Q4 2023 Orion Office REIT Inc Earnings Call

February 27, 2024 | msn.com

Orion Office REIT FFO of $0.33 misses by $0.04, revenue of $43.8M misses by $3.5M

February 27, 2024 | finance.yahoo.com

Orion Office REIT Inc. Reports Mixed 2023 Results Amid Market Challenges

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 27, 2024 | businesswire.com

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2023 Results

February 25, 2024 | investorplace.com

It's Time! 3 Overplayed REITs to Sell in February

February 17, 2024 | finance.yahoo.com

ONL Mar 2024 5.000 call

February 13, 2024 | au.finance.yahoo.com

Orion Office REIT Inc (OY9.BE)

February 6, 2024 | benzinga.com

Orion Office REIT Stock (NYSE:ONL) Dividends: History, Yield and Dates

January 25, 2024 | finance.yahoo.com

Orion Office REIT Inc. Announces Tax Treatment of 2023 Dividends

January 23, 2024 | finance.yahoo.com

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Webcast Dates

November 12, 2023 | finance.yahoo.com

Orion Office REIT Inc. (NYSE:ONL) Q3 2023 Earnings Call Transcript

November 11, 2023 | msn.com

REITs decline after posting mixed earnings

November 11, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: AMERICAN HOTEL (OtherAHOTF) and Orion Office REIT (ONL)

November 9, 2023 | msn.com

Orion Office REIT FFO of $0.43 beats by $0.06, revenue of $49.1M misses by $0.3M

October 11, 2023 | finance.yahoo.com

Orion Office REIT Inc. Announces Third Quarter 2023 Earnings Release and Webcast Dates

September 28, 2023 | markets.businessinsider.com

Buy This, Not That: 2 Dividend Stocks to Own, 1 to Avoid

August 12, 2023 | seekingalpha.com

Orion Office REIT: An Upgrade Is Warranted

August 11, 2023 | markets.businessinsider.com

Orion Office REIT (ONL) Receives a Hold from JMP Securities

July 1, 2023 | benzinga.com

Orion Office REIT Stock (NYSE:ONL), Insider Trading Activity

May 21, 2023 | fool.com

Orion Office REIT (NYSE: ONL)

May 11, 2023 | msn.com

EF Hutton Maintains Orion Office REIT (ONL) Buy Recommendation

See More Headlines

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Company Calendar

Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:ONL
CUSIP: N/A
CIK: 1873923
Web: www.onlreit.com
Phone: 602-698-1002
Fax: N/A
Employees: 38
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.02)
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: -29.38%
Pretax Margin: -29.15%
Return on Equity: -6.20%
Return on Assets: -3.82%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 0.81
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $195.04 million
Price / Sales: 0.87
Cash Flow: $1.00 per share
Price / Cash Flow: 3.05
Book Value: $15.90 per share
Price / Book: 0.19

Miscellaneous

Outstanding Shares: 55,840,000
Free Float: 55,755,000
Market Cap: $170.31 million
Optionable: Not Optionable
Beta: 0.86

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Key Executives

Mr. Paul H. McDowell (Age 64)
CEO, President & Director
Comp: $1.33M
Mr. Gavin B. Brandon (Age 48)
Executive VP, CFO & Treasurer
Comp: $1.09M
Mr. Christopher Haviland Day (Age 46)
COO & Executive VP
Comp: $761.74k
Mr. Gary E. Landriau (Age 63)
Chief Investment Officer & Executive VP
Comp: $739.41k
Ms. Revea Lynn Schmidt
Chief Accounting Officer
Kristy Lubeck
Chief Administrative Officer
Mr. Paul C. Hughes (Age 57)
General Counsel & Secretary
Karen Halpert
Senior VP & Head of Property Management
Kieran McGee
Senior Vice President of Investments

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ONL Stock Analysis - Frequently Asked Questions

How have ONL shares performed in 2024?: Orion Office REIT's stock was trading at $5.72 at the beginning of the year. Since then, ONL stock has decreased by 46.5% and is now trading at $3.06.
View the best growth stocks for 2024 here.
Are investors shorting Orion Office REIT?: Orion Office REIT saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,370,000 shares, an increase of 25.7% from the February 29th total of 1,090,000 shares. Based on an average daily volume of 444,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.6% of the shares of the company are sold short.
View Orion Office REIT's Short Interest.
When is Orion Office REIT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ONL earnings forecast.
How can I listen to Orion Office REIT's earnings call?: Orion Office REIT will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745190".
How often does Orion Office REIT pay dividends? What is the dividend yield for Orion Office REIT?: Orion Office REIT declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 13.07%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for ONL.
Is Orion Office REIT a good dividend stock?: Orion Office REIT (NYSE:ONL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 13.11%. ONL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ONL.

What ETFs hold Orion Office REIT's stock?: ETFs with the largest weight of Orion Office REIT (NYSE:ONL) stock in their portfolio include Cambria Global Real Estate ETF (BLDG).Invesco S&P Spin-Off ETF (CSD).
What guidance has Orion Office REIT issued on next quarter's earnings?: Orion Office REIT issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 0.930-1.010 for the period, compared to the consensus estimate of 1.340. The company issued revenue guidance of -.
Who are Orion Office REIT's major shareholders?: Orion Office REIT's stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.89%), Oak Thistle LLC (0.03%) and Community Bank of Raymore (0.02%).
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.

This page (NYSE:ONL) was last updated on 4/18/2024 by MarketBeat.com Staff

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

Orion Office REIT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Orion Office REIT Stock (NYSE:ONL)

ONL Stock Price History

ONL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ONL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™