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 Date11/1/2019 (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, October 17th. Shareholders of record on Monday, October 28th will be paid a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 annualized dividend and a yield of 6.69%. The ex-dividend date is Friday, October 25th. View Office Properties Income Trust's Dividend History.
How were Office Properties Income Trust's earnings last quarter?
Office Properties Income Trust (NASDAQ:OPI) issued its earnings results on Friday, August, 2nd. The company reported $1.65 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.32. The firm had revenue of $176.03 million for 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?
How can I listen to Office Properties Income Trust's earnings call?
Office Properties Income Trust will be holding an earnings conference call on Friday, November 1st 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?
3 brokerages have issued 1-year price targets for Office Properties Income Trust's stock. Their predictions range from $25.00 to $27.00. On average, they expect Office Properties Income Trust's stock price to reach $26.33 in the next twelve months. This suggests that the stock has a possible downside of 19.9%. 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?
Headlines about OPI stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news 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 coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 in September. As of September 30th, there was short interest totalling 1,430,000 shares, a decline of 18.3% from the August 30th total of 1,750,000 shares. Based on an average daily trading volume, of 245,100 shares, the days-to-cover ratio is currently 5.8 days. Currently, 3.0% of the company's shares 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), Kennedy-Wilson (KW), Colliers International Group (CIGI), Government Properties Income Trust (GOV), Urban Edge Properties (UE), Shanghai Industrial (SGHIY), Gazit Globe (GZTGF), 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 investors include Rhumbline Advisers (0.34%), Strs Ohio (0.14%), Camelot Portfolios LLC (0.13%), State of Alaska Department of Revenue (0.08%), Diligent Investors LLC (0.08%) and Nisa Investment Advisors LLC (0.03%).
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 Nisa Investment Advisors LLC, Rhumbline Advisers, Strs Ohio, Camelot Portfolios LLC and Wedbush Securities Inc..
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 Meeder Asset Management Inc., State of Alaska Department of Revenue, Diligent Investors LLC and AdvisorNet Financial 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 $32.89.
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.
