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 $27.13 +0.67 (+2.53 %) (As of 04/8/2020 08:30 AM ET) Add Compare Share Today's Range$26.50Now: $27.13▼$28.2150-Day Range$17.81MA: $27.73▼$35.3252-Week Range$16.50Now: $27.13▼$35.95Volume442,890 shsAverage Volume345,340 shsMarket Capitalization$1.31 billionP/E Ratio43.06Dividend Yield8.31%Beta1.46 ProfileAnalyst RatingsAdvanced ChartDividendEarningsInstitutional 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™ 2.0 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, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.20, Office Properties Income Trust has a potential upside of 18.7% from its current price of $27.13.Amount of Analyst CoverageOffice Properties Income Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesOffice Properties Income Trust has received 105 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOffice Properties Income Trust has received 150 “underperform” votes. (Add your “underperform” vote.)Community SentimentOffice Properties Income Trust has received 58.82% “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 8.31%, 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 42.97 % 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 1.65% of the stock of Office Properties Income Trust is held by insiders.Percentage Held by Institutions75.50% 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 -2.66% in the coming year, from $5.26 to $5.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Office Properties Income Trust is 43.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Office Properties Income Trust is 43.06, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.30.Price to Book Value per Share RatioOffice Properties Income Trust has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.81 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 Webhttp://www.opireit.com/ Phone617-219-1440Debt Debt-to-Equity Ratio1.37 Current Ratio1.79 Quick Ratio1.79Price-To-Earnings Trailing P/E Ratio43.06 Forward P/E Ratio5.16 P/E GrowthN/A Sales & Book Value Annual Sales$678.40 million Price / Sales1.93 Cash Flow$8.12 per share Price / Cash Flow3.34 Book Value$35.39 per share Price / Book0.77Profitability EPS (Most Recent Fiscal Year)$6.01 Net Income$30.33 million Net Margins4.47% Return on Equity1.77% Return on Assets0.66%Miscellaneous EmployeesN/A Outstanding Shares48,202,000Market Cap$1.31 billion Next Earnings Date5/1/2020 (Estimated) OptionableOptionable 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. NASDAQ:OPI Rates by TradingView 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. Since then, OPI shares have decreased by 0.4% and is now trading at $27.13. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Office Properties Income Trust? 5 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, 3 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, May 1st 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 Thursday, February, 20th. The company reported $1.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.34 by $0.01. The business earned $160.18 million during the quarter, compared to the consensus estimate of $160.40 million. Office Properties Income Trust had a return on equity of 1.77% and a net margin of 4.47%. The company's revenue was up 54.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.56 EPS. 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 yield of 8.11%. The ex-dividend date is Thursday, April 9th. View Office Properties Income Trust's dividend history. What price target have analysts set for OPI? 5 brokers have issued 1-year target prices for Office Properties Income Trust's shares. Their forecasts range from $25.00 to $48.00. On average, they anticipate Office Properties Income Trust's share price to reach $32.20 in the next year. This suggests a possible upside of 18.7% 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? Media coverage about OPI stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Office Properties Income Trust earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage 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 next several days. View the latest news aboutOffice Properties Income Trust. Are investors shorting Office Properties Income Trust? Office Properties Income Trust saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,812,700 shares, an increase of 7.9% from the February 27th total of 1,680,000 shares. Based on an average trading volume of 397,800 shares, the days-to-cover ratio is currently 4.6 days. Currently, 3.8% of the company's shares are sold short. View Office Properties Income Trust's Current Options Chain. Who are some of Office Properties Income Trust's key competitors? Some companies that are related to Office Properties Income Trust include Hudson Pacific Properties (HPP), Brookfield Property Partners (BPY), Terreno Realty (TRNO), FirstService (FSV), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Gazit Globe (GZTGF), Innovative Industrial Properties (IIPR), Urban Edge Properties (UE), Getty Realty (GTY), Five Point (FPH), Front Yard Residential (RESI) and Armada Hoffler Properties (AHH). 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), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Canopy Growth (CGC), AGNC Investment (AGNC), Amgen (AMGN) 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 investors include State of Alaska Department of Revenue (0.12%). 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 of Alaska Department of Revenue. 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 $27.13. How big of a company is Office Properties Income Trust? Office Properties Income Trust has a market capitalization of $1.31 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. View additional information about Office Properties Income Trust. What is Office Properties Income Trust's official website? The official website for Office Properties Income Trust is http://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 4/8/2020 by MarketBeat.com StaffFeatured Article: What is a capital gain?
