Orion Office REIT (ONL) Stock Price, News & Analysis

Company Overview

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013. The portfolio spans key Sun Belt and Southeast markets, including Texas, Florida and North Carolina, as well as select West Coast submarkets. By concentrating on high-barrier office campuses and multi-tenant buildings, Orion aims to capitalize on demand from corporate, professional and healthcare occupiers seeking Class A space outside of downtown cores.

The company is led by Kenneth C. Stainsby, President and Chief Executive Officer, who brings more than two decades of commercial real estate investment and capital markets experience. Orion’s management team combines expertise in acquisitions, development, leasing and finance, enabling a disciplined approach to underwriting and portfolio optimization. With a board composed of real estate and finance professionals, Orion Office REIT seeks to deliver durable cash flows and long-term value through targeted asset selection and proactive leasing and capital strategies.

Key Stats

• Today's Range: $2.63 to $2.78
• 50-Day Range: $2.52 to $3.04
• 52-Week Range: $1.46 to $4.32
• Volume: 167,716 shs
• Average Volume: 211,391 shs
• Market Capitalization: $150.35 million
• P/E Ratio: N/A
• Dividend Yield: 3.00%
• Price Target: N/A
• Consensus Rating: Reduce

Orion Office REIT Stock Analysis - MarketRank™

Orion Office REIT scored higher than 34% of companies evaluated by MarketBeat, and ranked 789th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Orion Office REIT.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Orion Office REIT is -1.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Orion Office REIT is -1.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Orion Office REIT has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.54% of the float of Orion Office REIT has been sold short.

Short Interest Ratio / Days to Cover

Orion Office REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orion Office REIT has recently increased by 0.84%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Orion Office REIT pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Orion Office REIT does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.54% of the float of Orion Office REIT has been sold short.

Short Interest Ratio / Days to Cover

Orion Office REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orion Office REIT has recently increased by 0.84%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Orion Office REIT has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Orion Office REIT this week, compared to 1 article on an average week.

Search Interest

6 people have searched for ONL on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

4 people have added Orion Office REIT to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Orion Office REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $160,050.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.16% of the stock of Orion Office REIT is held by insiders.

Percentage Held by Institutions

79.95% of the stock of Orion Office REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ONL Stock Analysis - Frequently Asked Questions

How have ONL shares performed this year?

Orion Office REIT's stock was trading at $3.71 on January 1st, 2025. Since then, ONL shares have decreased by 28.0% and is now trading at $2.67.

How were Orion Office REIT's earnings last quarter?

Orion Office REIT Inc. (NYSE:ONL) released its quarterly earnings data on Wednesday, August, 6th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm earned $37.31 million during the quarter. Orion Office REIT had a negative trailing twelve-month return on equity of 10.15% and a negative net margin of 50.67%.
Read the conference call transcript.

How do I buy shares of Orion Office REIT?

Shares of ONL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Orion Office REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Orion Office REIT investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), Voyager Therapeutics (VYGR) and AU Optronics (AUOTY).

Company Calendar

• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Last Earnings: 8/06/2025
• Record date for 10/15 Dividend: 9/30/2025
• Ex-Dividend for 10/15 Dividend: 9/30/2025
• Today: 10/03/2025
• Dividend Payable: 10/15/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Trading
• Current Symbol: NYSE:ONL
• CIK: 1873923
• Web: www.onlreit.com
• Phone: 602-698-1002
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($1.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$103.01 million
• Net Margins: -50.67%
• Pretax Margin: -50.51%
• Return on Equity: -10.15%
• Return on Assets: -5.82%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 0.75
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $164.86 million
• Price / Sales: 0.91
• Cash Flow: $0.03 per share
• Price / Cash Flow: 102.61
• Book Value: $13.68 per share
• Price / Book: 0.20

Miscellaneous

• Outstanding Shares: 56,310,000
• Free Float: 56,225,000
• Market Cap: $150.35 million
• Optionable: Not Optionable
• Beta: 1.41