NLOP
Net Lease Office PropertiesNLOP
NLOP
About: Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates, and finances office buildings. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings, and 1 BREEAM-Certified Building.
Employees: 197
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
779% more call options, than puts
Call options by funds: $6.35M | Put options by funds: $722K
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
8% more capital invested
Capital invested by funds: $266M [Q2] → $288M (+$21.7M) [Q3]
0% less funds holding
Funds holding: 256 [Q2] → 255 (-1) [Q3]
9.41% less ownership
Funds ownership: 72.99% [Q2] → 63.59% (-9.41%) [Q3]
46% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 81
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$46
44%
upside
Avg. target
$46
44%
upside
High target
$46
44%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
BWS Financial Hamed Khorsand 59% 1-year accuracy 101 / 171 met price target | 44%upside $46 | Buy Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 4 articles about NLOP published over the past 30 days
Neutral
PRNewsWire
1 week ago
Net Lease Office Properties Announces Tax Treatment of 2024 Dividends
NEW YORK , Jan. 22, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) announced the income tax treatment of dividends reported on Form 1099-DIV for 2024. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Net Lease Office Properties dividends.
Positive
Seeking Alpha
2 weeks ago
Net Lease Office Properties: 2025 Update
NLOP has disposed of a third of its properties, generating $371m in sales, and is on track to reach net debt zero by end of 2024. Remaining property value is estimated at $661m, with $703m of future value to distribute, translating to $47.50 per share (~50% upside). Risks include potential discounts on large property sales and extended liquidation timelines, but ongoing rent collections provide a safety net.
Neutral
Seeking Alpha
3 weeks ago
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
Neutral
PRNewsWire
3 weeks ago
Net Lease Office Properties Announces Sales of Five Office Properties Totaling $43 Million
J.P. Morgan Senior Secured Mortgage Repaid in Full NEW YORK , Jan. 10, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) today announced the sale of the following five office properties in November and December for gross proceeds totaling $43.3 million. PrimaryTenant PrimaryTenantIndustry Location ABR(at timeof sale)* ($000s) GrossSale Proceeds($000s) SquareFeet NLOP CollateralPool Caremark RX, L.L.C.
Neutral
Seeking Alpha
1 month ago
7-21% Yielding Dividend Growers: 2 To Buy And 2 To Avoid
Investing in high-yield stocks that grow their payouts regularly offers attractive total returns and protects purchasing power against inflation over the long term. However, not all high-yielding dividend growth stocks are worth buying. As a result, caution is needed when investing in high-yield, high-growth stocks.
Positive
Seeking Alpha
1 month ago
Net Lease Office Properties: Potential To Revalue To Book Value
Net Lease Office Properties' shares are up 75% this year, driven by undervaluation and strategic property sales. Despite a shrinking asset base, NLOP's adjusted funds from operations remain undervalued, presenting a favorable risk-reward setup. NLOP is currently valued at a 23% discount to book value, though it traded at a much larger discount earlier this year.
Positive
Seeking Alpha
1 month ago
9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital allocation and strategic missteps, leading to underperformance compared to tech stocks. Many other REITs, however, have been beaten down due to short-term supply headwinds and their treatment as bond proxies.
Neutral
Seeking Alpha
2 months ago
Net Lease Office Properties: Valuation Remains Attractive After Recent Rally
Net Lease Office Properties is an office REIT with 94% exposure to the United States. Disposals, weaker occupancy, and a tough leasing environment have resulted in declining AFFO in Q3 2024. Leverage is no longer a concern, and I expect the pace of disposals to slow down.
Positive
Seeking Alpha
2 months ago
6% Yielding REITs With Significant Upside Potential
REITs are priced at decade-low valuations. Such low valuations have historically resulted in very high returns. We highlight 2 REITs that offer high yield and upside potential.
Neutral
Seeking Alpha
3 months ago
These REITs Trade At Discounts, But Should They?
There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups.
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