NASDAQ:OPI - Office Properties Income Trust Stock Price, Forecast & News

Office Properties Income Trust's stock was trading at $27.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OPI stock has decreased by 3.8% and is now trading at $26.21. View which stocks have been mosted impacted by Coronavirus.

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.

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.

Office Properties Income Trust (NASDAQ:OPI) issued its earnings results on Thursday, February, 20th. The company reported $1.35 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.01. The business earned $160.18 million during the quarter, compared to analyst estimates 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 for the quarter was up 54.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.56 EPS. View Office Properties Income Trust's earnings history.

Office Properties Income Trust announced a quarterly dividend on Thursday, January 16th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.55 per share on Thursday, February 20th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date is Friday, January 24th. View Office Properties Income Trust's dividend history.

5 Wall Street analysts have issued 1-year price objectives 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 stock price to reach $32.20 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View analysts' price targets for Office Properties Income Trust.

News articles about OPI stock have been trending somewhat negative on Monday, InfoTrie Sentiment reports. InfoTrie 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 -5 to 5, with scores closest to five being the most favorable. Office Properties Income Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutOffice Properties Income Trust.

Office Properties Income Trust saw a increase in short interest during 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 daily volume of 397,800 shares, the days-to-cover ratio is currently 4.6 days. Approximately 3.8% of the company's stock are short sold. View Office Properties Income Trust's Current Options Chain.

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), Shanghai Industrial (SGHIY), Colliers International Group (CIGI), Kennedy-Wilson (KW), Innovative Industrial Properties (IIPR), Gazit Globe (GZTGF), Urban Edge Properties (UE), Getty Realty (GTY), Five Point (FPH), Front Yard Residential (RESI) and HomeFed (HOFD).

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), Canopy Growth (CGC), AGNC Investment (AGNC), Amgen (AMGN) and Cisco Systems (CSCO).

Office Properties Income Trust trades on the NASDAQ under the ticker symbol "OPI."

Office Properties Income Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (5.14%), LSV Asset Management (4.19%), Massachusetts Financial Services Co. MA (2.30%), Charles Schwab Investment Management Inc. (1.94%), Geode Capital Management LLC (1.75%) and Bank of New York Mellon Corp (1.51%).

OPI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, State Street Corp, Prudential Financial Inc., J. L. Bainbridge & Co. Inc., Accident Compensation Corp, First Trust Advisors LP, Principal Financial Group Inc., and Pinebridge Investments L.P..

OPI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, LSV Asset Management, Renaissance Technologies LLC, AXA, Chicago Equity Partners LLC, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., and Martingale Asset Management L P.

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.

One share of OPI stock can currently be purchased for approximately $26.21.

Office Properties Income Trust has a market capitalization of $1.26 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.

The official website for Office Properties Income Trust is http://www.opireit.com/.

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]