NYSE:ONL Orion Office REIT (ONL) Stock Forecast, Price & News $4.53 -0.34 (-6.98%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$4.41▼$4.8450-Day Range$4.53▼$6.6852-Week Range$4.41▼$9.94Volume1.28 million shsAverage Volume1.98 million shsMarket Capitalization$256.85 millionP/E RatioN/ADividend Yield8.83%Price Target$10.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Orion Office REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside120.8% Upside$10.00 Price TargetShort InterestHealthy5.58% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsFinance Sector669th out of 869 stocksReal Estate Investment Trusts Industry149th out of 183 stocks 3.3 Analyst's Opinion Consensus RatingOrion Office REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Orion Office REIT has a forecasted upside of 120.8% from its current price of $4.53.Amount of Analyst CoverageOrion Office REIT has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.58% of the float of Orion Office REIT has been sold short.Short Interest Ratio / Days to CoverOrion Office REIT has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Orion Office REIT has recently decreased by 5.86%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipOrion Office REIT is a leading dividend payer. It pays a dividend yield of 8.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOrion Office REIT does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ONL. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Orion Office REIT this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for ONL on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows4 people have added Orion Office REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Orion Office REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.05% of the stock of Orion Office REIT is held by insiders.Percentage Held by Institutions87.30% 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. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Orion Office REIT is -2.65, 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. SectorThe P/E ratio of Orion Office REIT is -2.65, 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 RatioOrion Office REIT has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Orion Office REIT (NYSE:ONL) StockOrion 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.Read More ONL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONL Stock News HeadlinesSeptember 28, 2023 | markets.businessinsider.comBuy This, Not That: 2 Dividend Stocks to Own, 1 to AvoidAugust 12, 2023 | seekingalpha.comOrion Office REIT: An Upgrade Is WarrantedOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.August 11, 2023 | markets.businessinsider.comOrion Office REIT (ONL) Receives a Hold from JMP SecuritiesJuly 1, 2023 | benzinga.comOrion Office REIT Stock (NYSE:ONL), Insider Trading ActivityMay 21, 2023 | fool.comOrion Office REIT (NYSE: ONL)May 11, 2023 | msn.comEF Hutton Maintains Orion Office REIT (ONL) Buy RecommendationMay 10, 2023 | markets.businessinsider.comJMP Securities Keeps Their Hold Rating on Orion Office REIT (ONL)October 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.May 9, 2023 | finance.yahoo.comOrion Office REIT Inc. Announces First Quarter 2023 ResultsApril 28, 2023 | finance.yahoo.comONL: What does Argus have to say about ONL?March 9, 2023 | msn.comOrion Office REIT (ONL) Declares $0.10 DividendMarch 9, 2023 | msn.comEF Hutton Maintains Buy Rating for Orion Office REIT: Here's What You Need To KnowMarch 9, 2023 | markets.businessinsider.comJMP Securities Reaffirms Their Hold Rating on Orion Office REIT (ONL)March 8, 2023 | msn.comOrion Office Q4 FFO beats, sees 2023 FFO slipping as it optimizes portfolioMarch 8, 2023 | finance.yahoo.comOrion Office REIT Inc.® Announces Fourth Quarter and Full Year 2022 ResultsMarch 8, 2023 | benzinga.comOrion Office REIT Stock (NYSE:ONL), Short Interest ReportJanuary 25, 2023 | finance.yahoo.comOrion Office REIT Inc. Announces Tax Treatment of 2022 DividendsJanuary 24, 2023 | finance.yahoo.comOrion Office REIT Inc. Announces Fourth Quarter 2022 Earnings Release and Webcast DatesJanuary 10, 2023 | seekingalpha.comOrion Office Is Dirt Cheap With Upside PotentialDecember 30, 2022 | markets.businessinsider.comThese 3 REITs Are Diving To New 12-Month LowsNovember 21, 2022 | finance.yahoo.comThe past year for Orion Office REIT (NYSE:ONL) investors has not been profitableNovember 4, 2022 | seekingalpha.comOrion Office REIT: Value OpportunitiesNovember 3, 2022 | seekingalpha.comOrion Office Remains A Value TrapNovember 3, 2022 | seekingalpha.comOrion Office REIT, Inc. (ONL) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comOrion Office REIT Inc.® Announces Third Quarter 2022 ResultsOctober 12, 2022 | finance.yahoo.comOrion Office REIT Inc. Announces Third Quarter 2022 Earnings Release and Webcast DatesSee 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. Email Address ONL Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Ex-Dividend for 10/16 Dividend9/28/2023Today10/03/2023Dividend Payable10/16/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:ONL CUSIPN/A CIK1873923 Webwww.onlreit.com Phone602-698-1002FaxN/AEmployees35Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+120.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.71) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-97,490,000.00 Net Margins-47.30% Pretax Margin-47.18% Return on Equity-9.98% Return on Assets-6.17% Debt Debt-to-Equity Ratio0.56 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$208.12 million Price / Sales1.23 Cash Flow$0.59 per share Price / Cash Flow7.72 Book Value$17.23 per share Price / Book0.26Miscellaneous Outstanding Shares56,700,000Free Float56,668,000Market Cap$256.85 million OptionableNot Optionable Beta0.92 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Paul H. McDowell (Age 63)CEO, Pres & Director Comp: $1.29MMr. Gavin B. Brandon (Age 47)Exec. VP, CFO & Treasurer Comp: $1.06MMr. Gary E. Landriau (Age 62)Chief Investment Officer & Exec. VP Comp: $739.41kMr. Christopher Haviland Day (Age 45)COO & Exec. VP Ms. Revea Lynn SchmidtSr. VP & Chief Accounting OfficerKristy LubeckSr. VP & Chief Admin. OfficerMr. Paul C. Hughes (Age 56)Gen. Counsel & Sec. More ExecutivesKey CompetitorsPostal Realty TrustNYSE:PSTLChicago Atlantic Real Estate FinanceNASDAQ:REFINexPoint Real Estate FinanceNYSE:NREFBRT ApartmentsNYSE:BRTGranite Point Mortgage TrustNYSE:GPMTView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 4,618 shares on 8/21/2023Ownership: 0.117%Nuveen Asset Management LLCBought 14,489 shares on 8/16/2023Ownership: 0.290%Wells Fargo & Company MNBought 3,026 shares on 8/15/2023Ownership: 0.109%Royal Bank of CanadaBought 3,055 shares on 8/15/2023Ownership: 0.027%Citadel Advisors LLCSold 12,500 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ONL Stock - Frequently Asked Questions Should I buy or sell Orion Office REIT stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orion Office REIT in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ONL shares. View ONL analyst ratings or view top-rated stocks. What is Orion Office REIT's stock price forecast for 2023? 2 equities research analysts have issued 1 year target prices for Orion Office REIT's shares. Their ONL share price forecasts range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next year. This suggests a possible upside of 120.8% 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 start of the year. Since then, ONL shares have decreased by 47.0% and is now trading at $4.53. View the best growth stocks for 2023 here. When is Orion Office REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. 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 declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.10 per share on Monday, October 16th. This represents a $0.40 annualized dividend and a yield of 8.83%. The ex-dividend date of this dividend is Thursday, September 28th. 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). 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 7.68%. 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 guidance has Orion Office REIT issued on next quarter's earnings? Orion Office REIT issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $1.59-$1.63 for the period, compared to the consensus EPS estimate of $1.63. The company issued revenue guidance of -. What is Orion Office REIT's stock symbol? Orion Office REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ONL." 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. What is Orion Office REIT's stock price today? One share of ONL stock can currently be purchased for approximately $4.53. How much money does Orion Office REIT make? Orion Office REIT (NYSE:ONL) has a market capitalization of $256.85 million and generates $208.12 million in revenue each year. The company earns $-97,490,000.00 in net income (profit) each year or ($1.71) on an earnings per share basis. How can I contact Orion Office REIT? The official website for the company is www.onlreit.com. The company can be reached via phone at 602-698-1002 or via email at investors@onlreit.com. This page (NYSE:ONL) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Orion Office REIT Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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