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

$30.99
-0.97 (-3.04 %)
(As of 10/20/2019 07:19 AM ET)
Today's Range
$30.71
Now: $30.99
$31.89
50-Day Range
$26.86
MA: $29.66
$31.88
52-Week Range
$23.36
Now: $30.99
$41.36
Volume243,510 shs
Average Volume235,796 shs
Market Capitalization$1.49 billion
P/E Ratio3.90
Dividend Yield6.88%
Beta1.66
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$2.86 per share
Book Value$37.00 per share

Profitability

Net Income$-21,880,000.00

Miscellaneous

EmployeesN/A
Market Cap$1.49 billion
Next Earnings Date11/1/2019 (Confirmed)
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 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 dividend on an annualized basis and a dividend yield of 7.10%. 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) released its quarterly earnings data on Friday, August, 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.32. The company had revenue of $176.03 million for the quarter, compared to the consensus estimate 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 Friday, November 1st 2019. View Earnings Estimates 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 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 analysts have issued 1 year target prices for Office Properties Income Trust's shares. Their forecasts range from $25.00 to $27.00. On average, they anticipate Office Properties Income Trust's share price to reach $26.33 in the next twelve months. This suggests that the stock has a possible downside of 15.0%. 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?

News stories about OPI stock have been trending somewhat positive this week, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Office Properties Income Trust earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news articles 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 company's share price in the immediate future. 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 the month of 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 volume of 245,100 shares, the short-interest ratio is currently 5.8 days. Currently, 3.0% of the shares of the stock are sold short. 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), Senior Housing Properties Trust (SNH), Canopy Growth (CGC), Exxon Mobil (XOM) 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 many different of institutional and retail investors. Top institutional investors include Camelot Portfolios LLC (0.13%), State of Alaska Department of Revenue (0.08%), Nisa Investment Advisors LLC (0.03%), Meeder Asset Management Inc. (0.02%) and Wedbush Securities Inc. (0.02%).

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, Camelot Portfolios LLC and Wedbush Securities Inc..

Which institutional investors are buying Office Properties Income Trust stock?

OPI stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc. and State of Alaska Department of Revenue.

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 $30.99.

How big of a company is Office Properties Income Trust?

Office Properties Income Trust has a market capitalization of $1.49 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:  75 (Vote Outperform)
Underperform Votes:  118 (Vote Underperform)
Total Votes:  193
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 10/20/2019 by MarketBeat.com Staff

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