ONL

Orion Office REIT

3.85 USD
+0.09
2.39%
At close Dec 20, 4:00 PM EST
After hours
3.85
+0.00
0.00%
1 day
2.39%
5 days
-3.51%
1 month
0.52%
3 months
-5.41%
6 months
14.58%
Year to date
-33.28%
1 year
-35.29%
5 years
-84.60%
10 years
-84.60%
 

About: Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased on a single-tenant net lease basis to creditworthy clients. The portfolio of the company includes traditional office buildings, governmental offices, medical offices, laboratories, and others. The Company operates in one business segment: direct ownership and operation of commercial real estate.

Employees: 38

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

76% more call options, than puts

Call options by funds: $44K | Put options by funds: $25K

19% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 54

4% more capital invested

Capital invested by funds: $128M [Q2] → $133M (+$5.57M) [Q3]

1% less funds holding

Funds holding: 239 [Q2] → 237 (-2) [Q3]

6% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 36

4.21% less ownership

Funds ownership: 63.74% [Q2] → 59.53% (-4.21%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for ONL.

Financial journalist opinion

Negative
Seeking Alpha
1 week ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Positive
Seeking Alpha
1 month ago
I Am Bottom Fishing: 10% Yield From Orion Office REIT
Income from all sources can play a vital role in your retirement planning. Office REITs have been battered by a weakening economy and high rates. The sector's outlook is rapidly improving, but the best time to buy is early.
I Am Bottom Fishing: 10% Yield From Orion Office REIT
Neutral
Seeking Alpha
1 month ago
Orion Office REIT Inc. (ONL) Q3 2024 Earnings Call Transcript
Orion Office REIT Inc. (NYSE:ONL ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Paul Hughes - General Counsel Paul McDowell - CEO Gavin Brandon - CFO Conference Call Participants Mitch Germain - JMP Securities Operator Greetings. Welcome to Orion Office REIT's Third Quarter 2024 Earnings Conference Call.
Orion Office REIT Inc. (ONL) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Orion Office REIT Inc. Announces Third Quarter 2024 Results
PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today its operating results for the third quarter ended September 30, 2024. Paul McDowell, Orion's Chief Executive Officer, commented, “We are excited to have successfully leased over.
Orion Office REIT Inc. Announces Third Quarter 2024 Results
Positive
Seeking Alpha
2 months ago
Orion Office: An Ugly Ducking Or SWAN-A-Bee?
Orion Office REIT Inc. is undergoing a portfolio transformation, focusing on high-quality, specialized office properties and reducing exposure to generic office space. Despite sector struggles, ONL offers a high AFFO yield of 26.06% and a well-covered dividend yield of 10.55%, making it an attractive risk-reward investment. Trading at a significant discount (P/AFFO of 3.84x and P/NAV ratio of 0.31x), this REIT could become an M&A target.
Orion Office: An Ugly Ducking Or SWAN-A-Bee?
Positive
Seeking Alpha
2 months ago
Orion Office REIT: Mr. Market Is Looking Forward
Orion Office REIT is experiencing a rough start. The stock price often levels out and turns upward to climb a "wall of worry" at some point in the business cycle. Selling now is not advisable as the stock price is too low and a cyclical turnaround could offer better selling opportunities.
Orion Office REIT: Mr. Market Is Looking Forward
Neutral
Business Wire
2 months ago
Orion Office REIT Inc. Announces Third Quarter 2024 Earnings Release and Webcast Dates
PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. Announces Third Quarter 2024 Earnings Release and Webcast Dates.
Orion Office REIT Inc. Announces Third Quarter 2024 Earnings Release and Webcast Dates
Negative
Seeking Alpha
2 months ago
Orion Office REIT: 3 Reasons We Are Moving To A Strong Sell
Orion Office REIT's occupancy has dropped from 92% in 2021 to around 80% in Q2-2024. The company's Funds From Operations (FFO) continues to decline. Orion's debt levels are concerning, with net debt to adjusted EBITDA expected to reach 8.0X by the end of 2025.
Orion Office REIT: 3 Reasons We Are Moving To A Strong Sell
Positive
24/7 Wall Street
2 months ago
5 Stocks Trading Under $10 Paying Huge Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
5 Stocks Trading Under $10 Paying Huge Ultra-High-Yield Dividends
Positive
24/7 Wall Street
4 months ago
5 Sizzling Stocks Under $5 That Pay Massive Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
5 Sizzling Stocks Under $5 That Pay Massive Ultra-High-Yield Dividends
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