OPI

Office Properties Income Trust
OPI

$2.23

2.53%

Market Cap: $112M

About: Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States. The company has only one segment which is direct ownership of real estate properties.

Employees: 570

Real Estate Real Estate

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

301% more call options, than puts

Call options by funds: $1.38M | Put options by funds: $345K

0% more funds holding

Funds holding: 132 [Q1] → 132 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 32

12.12% less ownership

Funds ownership: 67.97% [Q1] → 55.85% (-12.12%) [Q2]

31% less capital invested

Capital invested by funds: $80.1M [Q1] → $55.5M (-$24.5M) [Q2]

49% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 45

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Research analyst outlook

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

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Financial journalist opinion

Office Properties Income Trust: Why I Sold The Baby Bonds

Office Properties Income Trust (OPI) faces a $500 million debt repayment by February 2025, raising concerns about its ability to remain a going concern. Occupancy rates and leasing volumes have declined, while the REIT's private debt exchange offer was poorly received, indicating refinancing challenges. The Fed's anticipated rate cut may provide some relief, but OPI's financial health remains precarious, with potential dividend suspension to conserve cash.

Office Properties Income Trust: Why I Sold The Baby Bonds

Office Properties Income Trust: Latest Earnings Are Concerning

Office Properties Income Trust is facing a $500 million bond maturity in February. Second quarter results show revenue down 7%, net income impacted by gains on debt extinguishment and losses on real estate. Concerns about cash flow generation, leasing outlook, upcoming lease expirations, and debt repayment challenges raise doubts about the company's future.

Office Properties Income Trust: Latest Earnings Are Concerning

Office Properties Income Trust (OPI) Q2 2024 Earnings Call Transcript

Office Properties Income Trust (NASDAQ:OPI ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, Investor Relations Yael Duffy - President and Chief Operating Officer Brian Donley - Chief Financial Officer and Treasurer Conference Call Participants Bryan Maher - B. Riley Securities Tamim Sarwary - Morgan Stanley Operator Good morning, and welcome to the Office Properties Income Trust Second Quarter 2024 Earnings Conference Call.

Office Properties Income Trust (OPI) Q2 2024 Earnings Call Transcript

Office Properties Income Trust: Debt Exchange Won't Help The Common

Office Properties Income Trust stock has dropped substantially since our last update. Q2-2024 results drove a rally in the stock this morning. We look at the numbers and tell you why bulls should use this to head for the exits.

Office Properties Income Trust: Debt Exchange Won't Help The Common

3 Nasdaq Stocks to Sell Before the Next Market Crash: Q3 Edition

Nasdaq is one of the world's most active stock exchanges. The exchange takes pride in only allowing companies that meet its stringent requirements, including an aggregate earning of $11 million over the last three years and no net loss.

3 Nasdaq Stocks to Sell Before the Next Market Crash: Q3 Edition

Zacks Investment Research

Office Properties Income Trust (OPI) Surpasses Q2 FFO and Revenue Estimates

Office Properties Income Trust (OPI) came out with quarterly funds from operations (FFO) of $0.68 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $1.11 per share a year ago.

Office Properties Income Trust (OPI) Surpasses Q2 FFO and Revenue Estimates

Office Properties Income Trust Announces Second Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call discussing OPI's second quarter results will be held on Thursday, August 1, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-541.

Office Properties Income Trust Announces Second Quarter 2024 Results

Office Properties Income Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares to $0.01 per common share ($0.04 per share per year). This distribution will be paid to OPI's common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024. About Office Properties Income Trust OPI is a national REIT focused on owning and leasing office properties to high credit quality te.

Office Properties Income Trust Announces Quarterly Dividend on Common Shares

Office Properties Income Trust Second Quarter 2024 Conference Call Scheduled for Thursday, August 1st

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Wednesday, July 31, 2024. On Thursday, August 1, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 328-1.

Office Properties Income Trust Second Quarter 2024 Conference Call Scheduled for Thursday, August 1st

The State Of REITs: June 2024 Edition

After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps (+4.28%) and mid caps (+3.35%) were solidly in the black. 74.03% of REIT securities had a positive total return in May.

The State Of REITs: June 2024 Edition

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