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NASDAQ:OPIOffice Properties Income Trust Stock Price, Forecast & News

$24.40
-0.21 (-0.85 %)
(As of 07/8/2020 04:00 PM ET)
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Today's Range
$23.83
Now: $24.40
$24.95
50-Day Range
$22.82
MA: $26.40
$30.89
52-Week Range
$16.50
Now: $24.40
$35.95
Volume163,488 shs
Average Volume299,628 shs
Market Capitalization$1.18 billion
P/E Ratio162.68
Dividend Yield8.94%
Beta1.26
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.99 out of 5 stars


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$678.40 million
Cash Flow$6.65 per share
Book Value$35.39 per share

Profitability

Net Income$30.33 million

Miscellaneous

EmployeesN/A
Market Cap$1.18 billion
Next Earnings Date7/30/2020 (Confirmed)
OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OPI shares have decreased by 10.4% and is now trading at $24.40. View which stocks have been most 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 Thursday, July 30th 2020. View our earnings forecast for Office Properties Income Trust.

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, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Office Properties Income Trust (NASDAQ:OPI) posted its quarterly earnings results on Friday, May, 1st. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by $1.09. The business earned $149.89 million during the quarter, compared to the consensus estimate 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. Stockholders 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 9.02%. 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 brokerages have issued twelve-month price targets for Office Properties Income Trust's stock. Their forecasts range from $23.00 to $43.00. On average, they expect Office Properties Income Trust's share price to reach $30.25 in the next year. This suggests a possible upside of 24.0% 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?

Headlines about OPI stock have trended negative on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Office Properties Income Trust.

Are investors shorting Office Properties Income Trust?

Office Properties Income Trust saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,860,000 shares, an increase of 12.0% from the June 15th total of 1,660,000 shares. Based on an average daily trading volume, of 284,200 shares, the short-interest ratio is currently 6.5 days. Currently, 3.9% of the shares of the 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), 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 Relations
  • Ms. 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 Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%).

Which institutional investors are buying Office Properties Income Trust stock?

OPI stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC.

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 $24.40.

How big of a company is Office Properties Income Trust?

Office Properties Income Trust has a market capitalization of $1.18 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 7/9/2020 by MarketBeat.com Staff

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