Orion Office REIT logo

Orion Office REITNYSE: ONL

Profile

Industry:

Office

Country:

United States

IPO:

23 November 2021

Next earnings report:

07 November 2024

Last dividends:

30 September 2024

Next dividends:

N/A
$204.21 M
-81%vs. 3y high
22%vs. sector
-vs. 3y high
-vs. sector
-88%vs. 3y high
8%vs. sector
-94%vs. 3y high
18%vs. sector

Price

after hours | Fri, 01 Nov 2024 23:50:03 GMT
$3.65-$0.17(-4.45%)
$40.12 M-$33.80 M

Analysts recommendations

Institutional Ownership

ONL Latest News

Orion Office REIT: Value To Be Found After Recent Stock Slump
Seeking Alpha15 May 2024 Sentiment: POSITIVE

Orion Office REIT: Potential for Value Following Recent Stock Downturn

Orion Office REIT: Office Woes Bite Hard As Leverage Explodes
Seeking Alpha29 February 2024 Sentiment: NEGATIVE

We shifted back to a sell rating on Orion Office due to increased office distress and doubts about the company's ability to out-earn its current enterprise value. Q4-2023 earnings showed a miss in funds from operations but there were bigger issues that came to light. We go over our logic of sticking with the sell rating despite the huge drop in stock price.

Orion Office REIT: The Downturn Continues
Seeking Alpha28 February 2024 Sentiment: POSITIVE

Orion Office REIT Inc. is a new company formed from the office properties of Realty Income and VEREIT upon their merger. The office sector is currently out of favor, but the need for office spaces will likely increase in the future. The stock price has been dropping, but spinoffs tend to outperform the market over time and the company has potential for long-term success.

Orion: 3 Reasons There Could Be Material Downside In 2024
Seeking Alpha26 December 2023 Sentiment: NEGATIVE

We had previously upgraded Orion from a Sell to a Hold, as we saw the possibility of it out-earning its enterprise value. The fundamentals have actually worsened and the REIT looks to have a challenging 2024. We give you three reasons why you should consider exiting.

Orion Office REIT Inc. (ONL) Q3 2023 Earnings Call Transcript
Seeking Alpha10 November 2023 Sentiment: POSITIVE

Orion Office REIT Inc. (NYSE:ONL ) Q3 2023 Earnings Call Transcript November 10, 2023 10:00 AM ET Company Participants Paul Hughes - General Counsel Paul McDowell - Chief Executive Officer Gavin Brandon - Chief Financial Officer Christopher Day - Chief Operating Officer Conference Call Participants Mitch Germain - JMP Securities Operator Greetings. Welcome to Orion Office REIT's Third Quarter 2023 Earnings Call.

Orion Office REIT: A Speculative Buy Once The Selling Pressure Subsides
Seeking Alpha16 October 2023 Sentiment: POSITIVE

Orion Office REIT Inc. is a new company formed from the office properties of Realty Income and VEREIT. The office sector is currently out of favor, but the need for office spaces will likely increase in the future. The stock price has been dropping, but spinoffs tend to outperform the market over time and the company has potential for long-term success.

Orion Office REIT Inc. Announces Second Quarter 2023 Earnings Release and Webcast Dates
Business Wire14 July 2023 Sentiment: NEGATIVE

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease mission-critical suburban office properties located across the U.S., announced today that it will release financial results for the second quarter of 2023 after market close on Wednesday, August 9, 2023. Webcast and Conference Call Information Orion will host a webcast and conferen.

Orion Office REIT: Not Cheap Enough
Seeking Alpha01 May 2023 Sentiment: NEGATIVE

ONL is an office REIT situated in 10 different states in the US. Quarter of their leases are going to expire in 2024 making 1.5-1.9 million square feet vacant.

Sell Alert: 2 REITs That Will Likely Cut Their Dividends
Seeking Alpha25 April 2023 Sentiment: NEGATIVE

Sell Alert: 2 REITs That Will Likely Cut Their Dividends.

What type of business is Orion Office REIT?

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.

What sector is Orion Office REIT in?

Orion Office REIT is in the Real Estate sector

What industry is Orion Office REIT in?

Orion Office REIT is in the Office industry

What country is Orion Office REIT from?

Orion Office REIT is headquartered in United States

When did Orion Office REIT go public?

Orion Office REIT initial public offering (IPO) was on 23 November 2021

What is Orion Office REIT website?

https://www.onlreit.com

Is Orion Office REIT in the S&P 500?

No, Orion Office REIT is not included in the S&P 500 index

Is Orion Office REIT in the NASDAQ 100?

No, Orion Office REIT is not included in the NASDAQ 100 index

Is Orion Office REIT in the Dow Jones?

No, Orion Office REIT is not included in the Dow Jones index

When was Orion Office REIT the previous earnings report?

No data

When does Orion Office REIT earnings report?

The next expected earnings date for Orion Office REIT is 07 November 2024