Office Properties Income Trust Stock Forecast, Price & News

Office Properties Income Trust's stock was trading at $27.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OPI shares have decreased by 15.6% and is now trading at $22.98.
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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 or view MarketBeat's top 5 stock picks.

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Office Properties Income Trust is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Office Properties Income Trust.

Office Properties Income Trust (NASDAQ:OPI) posted its earnings results on Friday, October, 30th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $1.28 by $1.36. The firm earned $145.81 million during the quarter, compared to the consensus estimate of $146.27 million. Office Properties Income Trust had a return on equity of 4.35% and a net margin of 11.75%.
View Office Properties Income Trust's earnings history.

Office Properties Income Trust announced a quarterly dividend on Thursday, October 15th. Investors of record on Monday, October 26th will be given a dividend of $0.55 per share on Thursday, November 19th. This represents a $2.20 annualized dividend and a yield of 9.57%. The ex-dividend date of this dividend is Friday, October 23rd.
View Office Properties Income Trust's dividend history.

5 analysts have issued 1-year price targets for Office Properties Income Trust's shares. Their forecasts range from $23.00 to $38.00. On average, they expect Office Properties Income Trust's stock price to reach $29.25 in the next year. This suggests a possible upside of 27.3% from the stock's current price.
View analysts' price targets for Office Properties Income Trust.

Office Properties Income Trust saw a decline in short interest in October. As of October 30th, there was short interest totaling 1,450,000 shares, a decline of 13.2% from the October 15th total of 1,670,000 shares. Based on an average trading volume of 220,800 shares, the days-to-cover ratio is presently 6.6 days. Currently, 3.1% of the shares of the stock are sold short.
View Office Properties Income Trust's Short Interest.

Some companies that are related to Office Properties Income Trust include Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Colliers International Group (CIGI), Cushman & Wakefield (CWK), Innovative Industrial Properties (IIPR), New World Development (NDVLY), Kennedy-Wilson (KW), Urban Edge Properties (UE), Shanghai Industrial (SGHIY), SOHO China (SOHOF), Getty Realty (GTY), Gazit Globe (GZTGF), Front Yard Residential (RESI), Forestar Group (FOR) and Armada Hoffler Properties (AHH).
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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 Capital Management (NLY), Exxon Mobil (XOM), Canopy Growth (CGC), Enterprise Products Partners (EPD), Intel (INTC), Omega Healthcare Investors (OHI) and Macquarie Infrastructure (MIC).

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

Office Properties Income Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.17%), State Street Corp (5.15%), LSV Asset Management (4.90%), Massachusetts Financial Services Co. MA (3.20%), Charles Schwab Investment Management Inc. (1.88%) and Fuller & Thaler Asset Management Inc. (1.04%).

OPI stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, AXA S.A., LSV Asset Management, AJO LP, Garner Asset Management Corp, Victory Capital Management Inc., SG Americas Securities LLC, and Voloridge Investment Management LLC.

OPI stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Massachusetts Financial Services Co. MA, Charles Schwab Investment Management Inc., JPMorgan Chase & Co., UBS Asset Management Americas Inc., Virginia Retirement Systems ET AL, Great West Life Assurance Co. Can, and Envestnet Asset Management Inc..

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 $22.98.

Office Properties Income Trust has a market capitalization of $1.11 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.

The official website for Office Properties Income Trust is 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]