Should I buy or sell Orion Office REIT stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orion Office REIT in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ONL shares. View ONL analyst ratings or view top-rated stocks .

What is Orion Office REIT's stock price target for 2024?

1 analysts have issued 1 year price targets for Orion Office REIT's stock. Their ONL share price targets range from $10.00 to $10.00. On average, they expect the company's share price to reach $10.00 in the next year. This suggests a possible upside of 80.2% from the stock's current price. View analysts price targets for ONL or view top-rated stocks among Wall Street analysts .

How have ONL shares performed in 2023?

Orion Office REIT's stock was trading at $8.54 at the beginning of 2023. Since then, ONL shares have decreased by 35.0% and is now trading at $5.55. View the best growth stocks for 2023 here .

Are investors shorting Orion Office REIT?

Orion Office REIT saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,860,000 shares, an increase of 17.7% from the October 31st total of 1,580,000 shares. Based on an average trading volume of 969,000 shares, the short-interest ratio is currently 1.9 days. Approximately 3.5% of the company's stock are short sold. View Orion Office REIT's Short Interest .

When is Orion Office REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024. View our ONL earnings forecast .

How often does Orion Office REIT pay dividends? What is the dividend yield for Orion Office REIT?

Orion Office REIT announced a quarterly dividend on Thursday, November 9th. Investors of record on Friday, December 29th will be given a dividend of $0.10 per share on Tuesday, January 16th. This represents a $0.40 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for ONL .

Is Orion Office REIT a good dividend stock?

Orion Office REIT (NYSE:ONL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 7.17%. ONL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for ONL .

What ETFs hold Orion Office REIT's stock?

ETFs with the largest weight of Orion Office REIT (NYSE:ONL) stock in their portfolio include U.S. Diversified Real Estate ETF (PPTY) . Invesco S&P Spin-Off ETF (CSD) .

Who are Orion Office REIT's major shareholders?

Orion Office REIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Private Management Group Inc. (8.12%), Morgan Stanley (6.22%), AQR Capital Management LLC (1.07%), Northern Trust Corp (0.95%), Newtyn Management LLC (0.84%) and Bank of New York Mellon Corp (0.79%). View institutional ownership trends .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$5.54

-0.09 (-1.60%)

(As of 02:45 PM ET)

Compare

Today's Range: $5.48
▼
$5.65
50-Day Range: $4.53
▼
$5.63
52-Week Range: $4.41
▼
$9.75

Volume: 185,356 shs
Average Volume: 633,100 shs
Market Capitalization: $309.02 million

P/E Ratio: N/A
Dividend Yield: 7.22%
Price Target: $10.00

Orion Office REIT MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 80.2% Upside
$10.00 Price Target
Short Interest: Healthy
3.46% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Finance Sector

468th out of 779 stocks

Real Estate Investment Trusts Industry

99th out of 168 stocks

3.5

Analyst's Opinion

Consensus Rating
Orion Office REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.00, Orion Office REIT has a forecasted upside of 80.2% from its current price of $5.55.
Amount of Analyst Coverage
Orion Office REIT has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.46% 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 1.9, 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 17.72%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Orion Office REIT is a leading dividend payer. It pays a dividend yield of 7.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Orion Office REIT does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ONL.

0.6

News and Social Media Coverage

News Sentiment
Orion Office REIT has a news sentiment score of -1.00. 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 is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Orion Office REIT this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for ONL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Orion Office REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orion Office REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.05% of the stock of Orion Office REIT is held by insiders.
Percentage Held by Institutions
87.30% 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.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Orion Office REIT is -5.24, 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 -5.24, 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 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Orion Office REIT Stock (NYSE:ONL)

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.

ONL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ONL Stock News Headlines

November 12, 2023 | finance.yahoo.com

Orion Office REIT Inc. (NYSE:ONL) Q3 2023 Earnings Call Transcript

November 11, 2023 | msn.com

REITs decline after posting mixed earnings

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 11, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: AMERICAN HOTEL (OtherAHOTF) and Orion Office REIT (ONL)

November 9, 2023 | msn.com

Orion Office REIT FFO of $0.43 beats by $0.06, revenue of $49.1M misses by $0.3M

October 11, 2023 | finance.yahoo.com

Orion Office REIT Inc. Announces Third Quarter 2023 Earnings Release and Webcast Dates

September 28, 2023 | markets.businessinsider.com

Buy This, Not That: 2 Dividend Stocks to Own, 1 to Avoid

August 12, 2023 | seekingalpha.com

Orion Office REIT: An Upgrade Is Warranted

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

August 11, 2023 | markets.businessinsider.com

Orion Office REIT (ONL) Receives a Hold from JMP Securities

July 1, 2023 | benzinga.com

Orion Office REIT Stock (NYSE:ONL), Insider Trading Activity

May 21, 2023 | fool.com

Orion Office REIT (NYSE: ONL)

May 11, 2023 | msn.com

EF Hutton Maintains Orion Office REIT (ONL) Buy Recommendation

May 10, 2023 | markets.businessinsider.com

JMP Securities Keeps Their Hold Rating on Orion Office REIT (ONL)

May 9, 2023 | finance.yahoo.com

Orion Office REIT Inc. Announces First Quarter 2023 Results

April 28, 2023 | finance.yahoo.com

ONL: What does Argus have to say about ONL?

March 9, 2023 | msn.com

Orion Office REIT (ONL) Declares $0.10 Dividend

March 9, 2023 | msn.com

EF Hutton Maintains Buy Rating for Orion Office REIT: Here's What You Need To Know

March 9, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Hold Rating on Orion Office REIT (ONL)

March 8, 2023 | msn.com

Orion Office Q4 FFO beats, sees 2023 FFO slipping as it optimizes portfolio

March 8, 2023 | finance.yahoo.com

Orion Office REIT Inc.® Announces Fourth Quarter and Full Year 2022 Results

March 8, 2023 | benzinga.com

Orion Office REIT Stock (NYSE:ONL), Short Interest Report

January 25, 2023 | finance.yahoo.com

Orion Office REIT Inc. Announces Tax Treatment of 2022 Dividends

January 24, 2023 | finance.yahoo.com

Orion Office REIT Inc. Announces Fourth Quarter 2022 Earnings Release and Webcast Dates

January 10, 2023 | seekingalpha.com

Orion Office Is Dirt Cheap With Upside Potential

December 30, 2022 | markets.businessinsider.com

These 3 REITs Are Diving To New 12-Month Lows

November 21, 2022 | finance.yahoo.com

The past year for Orion Office REIT (NYSE:ONL) investors has not been profitable

See More Headlines

Receive ONL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Orion Office REIT and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/16 Dividend: 9/28/2023
Dividend Payable: 10/16/2023
Today: 12/05/2023
Ex-Dividend for 1/16 Dividend: 12/28/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/16/2024
Next Earnings (Estimated): 3/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ONL
CUSIP: N/A
CIK: 1873923
Web: www.onlreit.com
Phone: 602-698-1002
Fax: N/A
Employees: 35
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.00
High Stock Price Target: $10.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +77.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-97,490,000.00
Net Margins: -29.82%
Pretax Margin: -29.70%
Return on Equity: -6.36%
Return on Assets: -3.91%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 0.88
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $208.12 million
Price / Sales: 1.51
Cash Flow: $0.68 per share
Price / Cash Flow: 8.26
Book Value: $17.23 per share
Price / Book: 0.33

Miscellaneous

Outstanding Shares: 55,780,000
Free Float: 55,752,000
Market Cap: $314.04 million
Optionable: Not Optionable
Beta: 0.98

The 10 Best AI Stocks to Own in 2024

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

Mr. Paul H. McDowell (Age 63)
CEO, President & Director
Comp: $1.29M
Mr. Gavin B. Brandon (Age 47)
Executive VP, CFO & Treasurer
Comp: $1.06M
Mr. Gary E. Landriau (Age 62)
Chief Investment Officer & Executive VP
Comp: $739.41k
Mr. Christopher Haviland Day (Age 45)
COO & Executive VP
Ms. Revea Lynn Schmidt
Senior VP & Chief Accounting Officer
Kristy Lubeck
Senior VP & Chief Administrative Officer
Mr. Paul C. Hughes (Age 56)
General Counsel & Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ONL Stock Analysis - Frequently Asked Questions

Should I buy or sell Orion Office REIT stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orion Office REIT in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ONL shares.
View ONL analyst ratings or view top-rated stocks.
What is Orion Office REIT's stock price target for 2024?: 1 analysts have issued 1 year price targets for Orion Office REIT's stock. Their ONL share price targets range from $10.00 to $10.00. On average, they expect the company's share price to reach $10.00 in the next year. This suggests a possible upside of 80.2% from the stock's current price.
View analysts price targets for ONL or view top-rated stocks among Wall Street analysts.
How have ONL shares performed in 2023?: Orion Office REIT's stock was trading at $8.54 at the beginning of 2023. Since then, ONL shares have decreased by 35.0% and is now trading at $5.55.
View the best growth stocks for 2023 here.
Are investors shorting Orion Office REIT?: Orion Office REIT saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,860,000 shares, an increase of 17.7% from the October 31st total of 1,580,000 shares. Based on an average trading volume of 969,000 shares, the short-interest ratio is currently 1.9 days. Approximately 3.5% of the company's stock are short sold.
View Orion Office REIT's Short Interest.
When is Orion Office REIT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024.
View our ONL earnings forecast.
How often does Orion Office REIT pay dividends? What is the dividend yield for Orion Office REIT?: Orion Office REIT announced a quarterly dividend on Thursday, November 9th. Investors of record on Friday, December 29th will be given a dividend of $0.10 per share on Tuesday, January 16th. This represents a $0.40 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for ONL.

Is Orion Office REIT a good dividend stock?: Orion Office REIT (NYSE:ONL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 7.17%. ONL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ONL.
What ETFs hold Orion Office REIT's stock?: ETFs with the largest weight of Orion Office REIT (NYSE:ONL) stock in their portfolio include U.S. Diversified Real Estate ETF (PPTY).Invesco S&P Spin-Off ETF (CSD).
Who are Orion Office REIT's major shareholders?: Orion Office REIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Private Management Group Inc. (8.12%), Morgan Stanley (6.22%), AQR Capital Management LLC (1.07%), Northern Trust Corp (0.95%), Newtyn Management LLC (0.84%) and Bank of New York Mellon Corp (0.79%).
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ONL) was last updated on 12/5/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

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 from 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 30-Day Free Trial