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

$26.75
-0.80 (-2.90 %)
(As of 08/25/2019 09:25 AM ET)
Today's Range
$26.73
Now: $26.75
$27.55
50-Day Range
$25.99
MA: $27.19
$28.36
52-Week Range
$23.36
Now: $26.75
$68.84
Volume201,524 shs
Average Volume228,102 shs
Market Capitalization$1.29 billion
P/E Ratio4.02
Dividend Yield7.99%
Beta1.65
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
Current SymbolNASDAQ:OPI
CUSIPN/A
CIKN/A
Phone617-219-1440

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$426.56 million
Cash Flow$2.8671 per share
Book Value$35.26 per share

Profitability

Net Income$-21,880,000.00

Miscellaneous

EmployeesN/A
Market Cap$1.29 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, July 29th will be given a dividend of $0.55 per share on Thursday, August 15th. This represents a $2.20 annualized dividend and a dividend yield of 8.22%. The ex-dividend date of this dividend is Friday, July 26th. View Office Properties Income Trust's Dividend History.

How were Office Properties Income Trust's earnings last quarter?

Office Properties Income Trust (NASDAQ:OPI) released its quarterly earnings data on Friday, August, 2nd. The company reported $1.65 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.33 by $0.32. The company earned $176.03 million during the quarter, compared to analyst estimates of $156.50 million. Office Properties Income Trust had a negative return on equity of 4.92% and a negative net margin of 15.86%. View Office Properties Income Trust's Earnings History.

When is Office Properties Income Trust's next earnings date?

Office Properties Income Trust is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Office Properties Income Trust.

What price target have analysts set for OPI?

3 Wall Street analysts have issued 12-month target prices for Office Properties Income Trust's shares. Their predictions range from $25.00 to $27.00. On average, they expect Office Properties Income Trust's stock price to reach $26.3333 in the next year. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets for Office Properties Income Trust.

What is the consensus analysts' recommendation for Office Properties Income Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Office Properties Income Trust in the last year. There are currently 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?

Media headlines about OPI stock have been trending positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Office Properties Income Trust earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. 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 during the month of July. As of July 15th, there was short interest totalling 1,915,200 shares, a decline of 5.1% from the June 15th total of 2,018,700 shares. Based on an average trading volume of 325,100 shares, the days-to-cover ratio is presently 5.9 days. Approximately 4.1% of the company's stock are short sold. View Office Properties Income Trust's Current Options Chain.

Who are some of Office Properties Income Trust's key 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), ANNALY CAP MGMT/SH (NLY), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), General Electric (GE), Wells Fargo & Co (WFC), Exxon Mobil (XOM), AGNC Investment (AGNC) and Cisco Systems (CSCO).

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 BlackRock Inc. (16.25%), Vanguard Group Inc. (15.48%), LSV Asset Management (2.85%), Northern Trust Corp (2.11%), Bank of New York Mellon Corp (1.85%) and Charles Schwab Investment Management Inc. (1.68%).

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 Balyasny Asset Management LLC, BlackRock Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Teachers Insurance & Annuity Association of America, SG Americas Securities LLC, Cetera Advisor Networks LLC and Cubist Systematic Strategies LLC.

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 Charles Schwab Investment Management Inc., Vanguard Group Inc., Nuveen Asset Management LLC, Invesco Ltd., Morgan Stanley, Garner Asset Management Corp, Prudential Financial Inc. and United Services Automobile Association.

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, Scottrade, 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 $26.75.

How big of a company is Office Properties Income Trust?

Office Properties Income Trust has a market capitalization of $1.29 billion and generates $426.56 million in revenue each year. The company earns $-21,880,000.00 in net income (profit) each year or $7.95 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]


MarketBeat Community Rating for Office Properties Income Trust (NASDAQ OPI)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  64 (Vote Outperform)
Underperform Votes:  105 (Vote Underperform)
Total Votes:  169
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.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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