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.
Industry, Sector and Symbol
Industry Real estate
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone617-219-1440
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$426.56 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date2/20/2020 (Confirmed)
OptionableOptionable
Office Properties Income Trust (NASDAQ:OPI) Frequently Asked Questions
What is Office Properties Income Trust's stock symbol?
Office Properties Income Trust trades on the NASDAQ under the ticker symbol "OPI."
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, January 16th. Stockholders 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 annualized dividend and a dividend yield of 6.38%. The ex-dividend date is Friday, January 24th. View Office Properties Income Trust's Dividend History.
How were Office Properties Income Trust's earnings last quarter?
Office Properties Income Trust (NASDAQ:OPI) announced its earnings results on Friday, November, 1st. The company reported $1.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.38 by $0.07. The firm earned $167.40 million during the quarter, compared to analyst estimates of $165.07 million. Office Properties Income Trust had a negative return on equity of 4.29% and a negative net margin of 14.86%. The firm's revenue was up 57.8% compared to the same quarter last year. View Office Properties Income Trust's Earnings History.
When is Office Properties Income Trust's next earnings date?
How can I listen to Office Properties Income Trust's earnings call?
Office Properties Income Trust will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for OPI?
4 equities research analysts have issued 1-year target prices for Office Properties Income Trust's shares. Their forecasts range from $25.00 to $34.00. On average, they expect Office Properties Income Trust's stock price to reach $28.25 in the next twelve months. This suggests that the stock has a possible downside of 18.0%. View Analyst Price Targets for Office Properties Income Trust.
What is the consensus analysts' recommendation for 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 and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Office Properties Income Trust.
Has Office Properties Income Trust been receiving favorable news coverage?
News coverage about OPI stock has been trending very negative on Monday, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Office Properties Income Trust earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Office Properties Income Trust.
Are investors shorting Office Properties Income Trust?
Office Properties Income Trust saw a decline in short interest in January. As of January 15th, there was short interest totalling 1,560,000 shares, a decline of 9.8% from the December 31st total of 1,730,000 shares. Based on an average trading volume of 230,400 shares, the short-interest ratio is presently 6.8 days. Approximately 3.3% of the shares of the company 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), FirstService (FSV), Cushman & Wakefield (CWK), Terreno Realty (TRNO), Colliers International Group (CIGI), Kennedy-Wilson (KW), Gazit Globe (GZTGF), Urban Edge Properties (UE), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Seritage Growth Properties (SRG), Getty Realty (GTY), Five Point (FPH), Armada Hoffler Properties (AHH) and Forestar Group (FOR).
What other stocks do shareholders of Office Properties Income Trust own?
Who are Office Properties Income Trust's key executives?
Office Properties Income Trust's management team includes the folowing 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 Relations
- Ms. Jennifer Babbin Clark, Sec. (Age 57)
Who are Office Properties Income Trust's major shareholders?
Office Properties Income Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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%), Bank of New York Mellon Corp (1.51%) and Principal Financial Group Inc. (0.79%).
Which institutional investors are selling Office Properties Income Trust stock?
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..
Which institutional investors are buying Office Properties Income Trust stock?
OPI stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Renaissance Technologies LLC, Chicago Equity Partners LLC, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., Martingale Asset Management L P, Massachusetts Financial Services Co. MA and Goldman Sachs Group Inc..
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 $34.47.
How big of a company is Office Properties Income Trust?
What is Office Properties Income Trust's official website?
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]
MarketBeat Community Rating for Office Properties Income Trust (NASDAQ OPI)
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.
