NASDAQ:OPIOffice Properties Income Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Office Properties Income Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $27.96 +1.60 (+6.07 %) (As of 06/3/2020 02:57 PM ET) Add Compare Share Today's Range$26.70Now: $27.96▼$28.1350-Day Range$21.86MA: $24.98▼$28.3752-Week Range$16.50Now: $27.96▼$35.95Volume109,213 shsAverage Volume227,693 shsMarket Capitalization$1.35 billionP/E Ratio186.41Dividend Yield8.53%Beta1.26 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInstitutional OwnershipHeadlinesOptions ChainSocial Media Office Properties Income Trust is a real estate investment trust, or REIT, which owns buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. In December 2018, our predecessor company Government Properties Income Trust, or GOV, merged with Select Income REIT, or SIR, and the combined company was renamed Office Properties Income Trust, or OPI. Combining the two companies creates a national office REIT with increased scale, enhanced tenant and geographic diversification, a well-laddered lease expiration schedule, a broader investment strategy, and a company with one of the highest percentages of rent paid by investment grade rated tenants in the office sector.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingOffice Properties Income Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Office Properties Income Trust has a potential upside of 7.3% from its current price of $27.96.Amount of Analyst CoverageOffice Properties Income Trust has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesOffice Properties Income Trust has received 111 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOffice Properties Income Trust has received 158 “underperform” votes. (Add your “underperform” vote.)Community SentimentOffice Properties Income Trust has received 58.74% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Office Properties Income Trust and other stocks. Vote “Outperform” if you believe OPI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OPI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipOffice Properties Income Trust is a leading dividend payer. It pays a dividend yield of 8.53%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOffice Properties Income Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Office Properties Income Trust is 36.61 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Office Properties Income Trust will have a dividend payout ratio of 42.64 % next year. This indicates that Office Properties Income Trust will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Office Properties Income Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.69% of the stock of Office Properties Income Trust is held by insiders.Percentage Held by Institutions75.82% of the stock of Office Properties Income Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Office Properties Income Trust are expected to decrease by -3.01% in the coming year, from $5.32 to $5.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Office Properties Income Trust is 186.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Office Properties Income Trust is 186.41, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.63.Price to Book Value per Share RatioOffice Properties Income Trust has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.61 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:OPI Previous Symbol CUSIPN/A CIKN/A Webwww.opireit.com Phone617-219-1440Debt Debt-to-Equity Ratio1.32 Current Ratio1.55 Quick Ratio1.55Price-To-Earnings Trailing P/E Ratio186.41 Forward P/E Ratio5.26 P/E GrowthN/A Sales & Book Value Annual Sales$678.40 million Price / Sales1.99 Cash Flow$7.52 per share Price / Cash Flow3.72 Book Value$35.39 per share Price / Book0.79Profitability EPS (Most Recent Fiscal Year)$6.01 Net Income$30.33 million Net Margins1.10% Return on Equity0.42% Return on Assets0.16%Miscellaneous EmployeesN/A Outstanding Shares48,200,000Market Cap$1.35 billion Next Earnings Date8/7/2020 (Estimated) OptionableOptionable NASDAQ:OPI Rates by TradingView Receive OPI News and Ratings via Email Sign-up to receive the latest news and ratings for OPI and its competitors with MarketBeat's FREE daily newsletter. Office Properties Income Trust (NASDAQ:OPI) Frequently Asked Questions How has Office Properties Income Trust's stock been impacted by COVID-19 (Coronavirus)? Office Properties Income Trust's stock was trading at $27.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OPI shares have increased by 2.6% and is now trading at $27.96. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Office Properties Income Trust? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Properties Income Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Office Properties Income Trust. When is Office Properties Income Trust's next earnings date? Office Properties Income Trust is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Office Properties Income Trust. How were Office Properties Income Trust's earnings last quarter? Office Properties Income Trust (NASDAQ:OPI) posted its quarterly earnings data on Friday, May, 1st. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by $1.09. The business had revenue of $149.89 million for the quarter, compared to analyst estimates of $154.03 million. Office Properties Income Trust had a return on equity of 0.42% and a net margin of 1.10%. View Office Properties Income Trust's earnings history. How often does Office Properties Income Trust pay dividends? What is the dividend yield for Office Properties Income Trust? Office Properties Income Trust declared a quarterly dividend on Thursday, April 2nd. Investors of record on Monday, April 13th will be given a dividend of $0.55 per share on Thursday, May 21st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 7.87%. The ex-dividend date is Thursday, April 9th. View Office Properties Income Trust's dividend history. What price target have analysts set for OPI? 4 analysts have issued 12 month target prices for Office Properties Income Trust's shares. Their forecasts range from $24.00 to $43.00. On average, they anticipate Office Properties Income Trust's stock price to reach $30.00 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for Office Properties Income Trust. Has Office Properties Income Trust been receiving favorable news coverage? News coverage about OPI stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Office Properties Income Trust earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutOffice Properties Income Trust. Who are some of Office Properties Income Trust's key competitors? Some companies that are related to Office Properties Income Trust include Brookfield Property Partners (BPY), Hudson Pacific Properties (HPP), FirstService (FSV), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Gazit Globe (GZTGF), Urban Edge Properties (UE), Getty Realty (GTY), Five Point (FPH), Forestar Group (FOR) and Armada Hoffler Properties (AHH). View all competitors. What other stocks do shareholders of Office Properties Income Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Office Properties Income Trust investors own include Government Properties Income Trust (GOV), AT&T (T), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Canopy Growth (CGC) and Cisco Systems (CSCO). Who are Office Properties Income Trust's key executives? Office Properties Income Trust's management team includes the following people: Mr. David M. Blackman, Pres, CEO & Managing Trustee (Age 56)Mr. Adam David Portnoy, Managing Trustee (Age 49)Mr. Jeffrey C. Leer, CFO & Treasurer (Age 39)Mr. Brad Shepherd, Sr. Director, Investor RelationsMs. Jennifer Babbin Clark, Sec. (Age 57) What is Office Properties Income Trust's stock symbol? Office Properties Income Trust trades on the NASDAQ under the ticker symbol "OPI." Who are Office Properties Income Trust's major shareholders? Office Properties Income Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.37%), State Street Corp (5.77%), Massachusetts Financial Services Co. MA (2.67%), Geode Capital Management LLC (1.87%), Bank of New York Mellon Corp (1.62%) and Legal & General Group Plc (0.76%). Which major investors are selling Office Properties Income Trust stock? OPI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, CSS LLC IL, BlackRock Inc., UBS Group AG, Invesco Ltd., Chicago Equity Partners LLC, and Thrivent Financial for Lutherans. Which major investors are buying Office Properties Income Trust stock? OPI stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Fuller & Thaler Asset Management Inc., AJO LP, Massachusetts Financial Services Co. MA, APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, and Virginia Retirement Systems ET AL. How do I buy shares of Office Properties Income Trust? Shares of OPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Office Properties Income Trust's stock price today? One share of OPI stock can currently be purchased for approximately $27.96. How big of a company is Office Properties Income Trust? Office Properties Income Trust has a market capitalization of $1.35 billion and generates $678.40 million in revenue each year. The company earns $30.33 million in net income (profit) each year or $6.01 on an earnings per share basis. What is Office Properties Income Trust's official website? The official website for Office Properties Income Trust is www.opireit.com. How can I contact Office Properties Income Trust? Office Properties Income Trust's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The company can be reached via phone at 617-219-1440 or via email at [email protected] This page was last updated on 6/3/2020 by MarketBeat.com Staff
