Orion Office REIT (NYSE:ONL) Updates FY 2025 Earnings Guidance

Key Points

• Orion Office REIT updated its FY 2025 earnings guidance, projecting EPS of 0.670-0.710, slightly around the consensus estimate of 0.691.
• The company’s stock price fell 4.5% to $2.45, amid a trading volume of 240,954 shares, below its average of 618,082.
• Orion Office REIT announced a dividend of $0.02, with a yield of 396.0%, while holding a negative dividend payout ratio of -5.19%.

Orion Office REIT (NYSE:ONL - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.670-0.710 for the period, compared to the consensus EPS estimate of 0.691. The company issued revenue guidance of -.

Orion Office REIT Stock Down 4.5%

Shares of ONL traded down $0.12 during trading hours on Thursday, hitting $2.45. The company had a trading volume of 240,954 shares, compared to its average volume of 618,082. The stock has a market capitalization of $137.38 million, a price-to-earnings ratio of -1.59 and a beta of 1.42. The firm has a fifty day moving average price of $2.30 and a 200-day moving average price of $2.55. Orion Office REIT has a 52-week low of $1.46 and a 52-week high of $4.39. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.86 and a current ratio of 0.86.

Orion Office REIT (NYSE:ONL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $37.31 million for the quarter. Orion Office REIT had a negative net margin of 55.34% and a negative return on equity of 10.97%.

Orion Office REIT Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were issued a $0.02 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a yield of 396.0%. Orion Office REIT's dividend payout ratio is currently -5.19%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reissued a "market perform" rating on shares of Orion Office REIT in a research report on Monday, June 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Orion Office REIT stock. Jane Street Group LLC grew its position in Orion Office REIT Inc. (NYSE:ONL - Free Report) by 112.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,594 shares of the company's stock after purchasing an additional 45,341 shares during the quarter. Jane Street Group LLC owned approximately 0.15% of Orion Office REIT worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 79.95% of the stock is currently owned by institutional investors.

About 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.

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