Office Properties Income Trust (NASDAQ:OPI) Expected to Post FY2025 Earnings of $2.44 Per Share

Office Properties Income Trust (NASDAQ:OPI - Free Report) - B. Riley decreased their FY2025 earnings per share (EPS) estimates for Office Properties Income Trust in a report released on Monday, May 6th. B. Riley analyst B. Maher now anticipates that the company will earn $2.44 per share for the year, down from their previous forecast of $2.85. B. Riley currently has a "Buy" rating and a $7.00 price objective on the stock. The consensus estimate for Office Properties Income Trust's current full-year earnings is $2.85 per share.

Other research analysts have also recently issued reports about the company. Morgan Stanley reduced their price target on Office Properties Income Trust from $1.80 to $1.60 and set an "underweight" rating for the company in a research report on Thursday, March 28th. StockNews.com raised Office Properties Income Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 2nd.

Office Properties Income Trust Stock Down 7.4 %

NASDAQ OPI traded down $0.19 during trading hours on Wednesday, hitting $2.31. 1,028,318 shares of the company traded hands, compared to its average volume of 1,361,372. The business's 50-day moving average is $2.12 and its 200-day moving average is $3.97. Office Properties Income Trust has a twelve month low of $1.81 and a twelve month high of $8.80. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.82 and a current ratio of 1.82. The stock has a market capitalization of $112.37 million, a price-to-earnings ratio of -1.50, a P/E/G ratio of 0.09 and a beta of 1.18.

Office Properties Income Trust (NASDAQ:OPI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.81 by ($0.92). Office Properties Income Trust had a negative net margin of 13.72% and a negative return on equity of 5.76%. The company had revenue of $139.44 million for the quarter, compared to analyst estimates of $128.28 million. During the same period last year, the company posted $1.09 earnings per share.

Office Properties Income Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Monday, April 22nd will be given a $0.01 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.74%. Office Properties Income Trust's payout ratio is -2.60%.

Institutional Trading of Office Properties Income Trust

Hedge funds have recently made changes to their positions in the business. Susquehanna Fundamental Investments LLC bought a new position in shares of Office Properties Income Trust during the first quarter worth approximately $141,000. Callan Capital LLC bought a new position in shares of Office Properties Income Trust during the first quarter worth approximately $64,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Office Properties Income Trust by 72.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,332,026 shares of the company's stock worth $2,717,000 after acquiring an additional 559,329 shares during the period. Privium Fund Management B.V. bought a new position in Office Properties Income Trust during the 1st quarter worth $412,000. Finally, Los Angeles Capital Management LLC increased its stake in Office Properties Income Trust by 86.6% during the 1st quarter. Los Angeles Capital Management LLC now owns 145,788 shares of the company's stock worth $297,000 after acquiring an additional 67,650 shares during the period. 64.41% of the stock is owned by institutional investors and hedge funds.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.