Orion Office REIT (NYSE:ONL) Releases 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) updated its FY 2025 earnings guidance on Thursday. 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 -.

Analyst Upgrades and Downgrades

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

Orion Office REIT Trading Down 0.6%

NYSE ONL traded down $0.02 during mid-day trading on Monday, hitting $2.57. The company's stock had a trading volume of 357,082 shares, compared to its average volume of 398,632. The firm has a market capitalization of $144.44 million, a P/E ratio of -1.85 and a beta of 1.42. The stock's fifty day simple moving average is $2.34 and its two-hundred day simple moving average is $2.50. 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 0.66, a current ratio of 0.75 and a quick ratio of 0.75.

Orion Office REIT (NYSE:ONL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter. The company had revenue of $37.31 million for the quarter. Orion Office REIT had a negative net margin of 50.67% and a negative return on equity of 10.15%.

Orion Office REIT Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a dividend yield of 396.0%. Orion Office REIT's dividend payout ratio (DPR) is presently -5.76%.

Institutional Trading of Orion Office REIT

An institutional investor recently raised its position in Orion Office REIT stock. Jane Street Group LLC raised its stake in Orion Office REIT Inc. (NYSE:ONL - Free Report) by 112.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 85,594 shares of the company's stock after buying 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 SEC filing. 79.95% of the stock is currently owned by hedge funds and other institutional investors.

Orion Office REIT Company Profile

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.