Net Lease Office Properties (NLOP)

NYSE: NLOP · IEX Real-Time Price · USD
23.63
+0.66 (2.87%)
May 2, 2024, 4:00 PM EDT - Market closed
2.87%
Market Cap 349.37M
Revenue (ttm) 174.97M
Net Income (ttm) -131.75M
Shares Out 14.79M
EPS (ttm) -9.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 359,710
Open 24.50
Previous Close 22.97
Day's Range 23.58 - 24.84
52-Week Range 11.00 - 27.77
Beta n/a
Analysts Strong Buy
Price Target 60.00 (+153.92%)
Earnings Date n/a

About NLOP

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million. NLOP's bu... [Read more]

Industry REIT - Office
Sector Real Estate
CEO Jason E. Fox
Employees 197
Stock Exchange NYSE
Ticker Symbol NLOP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for NLOP stock is "Strong Buy" and the 12-month stock price forecast is $60.0.

Price Target
$60.0
(153.92% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Net Lease Office Properties Announces Sales of Three Office Properties Totaling $132 Million

NEW YORK , May 2, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) today announced the sale of the following three office properties in March and April for gross proceeds totaling approxi...

10 hours ago - PRNewsWire

W. P. Carey Announces Tax Treatment of 2023 Dividends

NEW YORK , Jan. 29, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.

Other symbols: WPC
3 months ago - PRNewsWire

Net Lease Office Properties Announces Sales of Four U.S. Office Properties Totaling $43 Million

NEW YORK , Jan. 11, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) today announced the sale of the following four U.S. office properties during December 2023 for gross proceeds totaling...

4 months ago - PRNewsWire

Net Lease Office Properties Declares Common Share Dividend of $0.34 Per Share

NEW YORK , Dec. 8, 2023 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) declared a common share dividend of $0.34 per share (approximately $5.0 million in the aggregate). The dividend is paya...

5 months ago - PRNewsWire