NASDAQ:OPI Office Properties Income Trust Stock Forecast, Price & 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 $20.40 -0.88 (-4.13 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$20.39Now: $20.41▼$22.3050-Day Range$21.28MA: $24.04▼$25.6752-Week Range$16.50Now: $20.41▼$35.95Volume242,272 shsAverage Volume276,435 shsMarket Capitalization$984.09 millionP/E Ratio13.34Dividend Yield10.34%Beta1.18 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial 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™ 3.0 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 $30.50, Office Properties Income Trust has a forecasted upside of 49.5% from its current price of $20.41.Amount of Analyst CoverageOffice Properties Income Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesOffice Properties Income Trust has received 111 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOffice Properties Income Trust has received 165 “underperform” votes. (Add your “underperform” vote.)Community SentimentOffice Properties Income Trust has received 59.78% “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 10.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOffice Properties Income Trust has only been increasing its dividend for 1 years.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 43.22% 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 1.69% of the stock of Office Properties Income Trust is held by insiders.Percentage Held by Institutions76.08% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Office Properties Income Trust are expected to decrease by -4.32% in the coming year, from $5.32 to $5.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Office Properties Income Trust is 13.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Office Properties Income Trust is 13.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.65.Price to Book Value per Share RatioOffice Properties Income Trust has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.24 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 Webwww.opireit.com Phone617-219-1440Debt Debt-to-Equity Ratio1.31 Current Ratio1.42 Quick Ratio1.42Price-To-Earnings Trailing P/E Ratio13.34 Forward P/E Ratio3.84 P/E GrowthN/A Sales & Book Value Annual Sales$678.40 million Price / Sales1.45 Cash Flow$6.32 per share Price / Cash Flow3.23 Book Value$35.39 per share Price / Book0.58Profitability EPS (Most Recent Fiscal Year)$6.01 Net Income$30.33 million Net Margins11.75% Return on Equity4.35% Return on Assets1.77%Miscellaneous EmployeesN/A Outstanding Shares48,228,000Market Cap$984.09 million Next Earnings Date11/6/2020 (Estimated) OptionableOptionable $20.40 -0.88 (-4.13 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Office Properties Income Trust (NASDAQ:OPI) Frequently Asked Questions How has Office Properties Income Trust's stock been impacted by Coronavirus? Office Properties Income Trust's stock was trading at $27.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, OPI stock has decreased by 25.1% and is now trading at $20.4050. View which stocks have been most impacted by COVID-19. 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, November 6th 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) announced its earnings results on Thursday, July, 30th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $1.32 by $1.29. The business had revenue of $145.60 million for the quarter, compared to analyst estimates of $149.50 million. Office Properties Income Trust had a net margin of 11.75% and a return on equity of 4.35%. 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, July 16th. Stockholders of record on Monday, July 27th will be given a dividend of $0.55 per share on Thursday, August 20th. This represents a $2.20 dividend on an annualized basis and a yield of 10.78%. The ex-dividend date is Friday, July 24th. View Office Properties Income Trust's dividend history. What price target have analysts set for OPI? 5 equities research analysts have issued 1-year price objectives 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 $30.50 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price. View analysts' price targets 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 August. As of August 14th, there was short interest totaling 1,550,000 shares, a decline of 20.9% from the July 30th total of 1,960,000 shares. Based on an average trading volume of 230,600 shares, the short-interest ratio is currently 6.7 days. Approximately 3.3% of the company's shares are sold short. View Office Properties Income Trust's Short Interest. Who are some of Office Properties Income Trust's key competitors? Some companies that are related to Office Properties Income Trust include Terreno Realty (TRNO), Hudson Pacific Properties (HPP), NEW WORLD DEV L/ADR (NDVLY), Innovative Industrial Properties (IIPR), Colliers International Group (CIGI), Cushman & Wakefield (CWK), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Urban Edge Properties (UE), Getty Realty (GTY), Forestar Group (FOR), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Five Point (FPH) and HomeFed (HOFD). View all 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), Exxon Mobil (XOM), Canopy Growth (CGC), Enterprise Products Partners (EPD), Intel (INTC), Omega Healthcare Investors (OHI) and Macquarie Infrastructure (MIC). 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.84%), LSV Asset Management (5.04%), Charles Schwab Investment Management Inc. (1.79%), Bank of New York Mellon Corp (1.60%), Principal Financial Group Inc. (0.75%) and Principal Financial Group Inc. (0.75%). 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 Charles Schwab Investment Management Inc., Vanguard Group Inc., Goldman Sachs Group Inc., Garner Asset Management Corp, Camelot Portfolios LLC, Nuveen Asset Management LLC, Huber Capital Management LLC, and ClariVest Asset Management LLC. Which major investors are buying Office Properties Income Trust stock? OPI stock was purchased by a variety of institutional investors in the last quarter, including LDR Capital Management LLC, LSV Asset Management, AQR Capital Management LLC, Canada Pension Plan Investment Board, AJO LP, Alberta Investment Management Corp, Barclays PLC, and SG Americas Securities 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 $20.41. How big of a company is Office Properties Income Trust? Office Properties Income Trust has a market capitalization of $984.09 million 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
