Orion Office REIT Inc. (ONL)

NYSE: ONL · Real-Time Price · USD
3.930
-0.060 (-1.50%)
Jan 17, 2025, 4:00 PM EST - Market closed
-1.50%
Market Cap 219.87M
Revenue (ttm) 169.64M
Net Income (ttm) -86.42M
Shares Out 55.95M
EPS (ttm) -1.55
PE Ratio n/a
Forward PE n/a
Dividend $0.40 (10.18%)
Ex-Dividend Date Dec 31, 2024
Volume 272,903
Open 4.040
Previous Close 3.990
Day's Range 3.864 - 4.049
52-Week Range 3.010 - 5.480
Beta 1.08
Analysts Hold
Price Target n/a
Earnings Date Mar 5, 2025

About 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. [Read more]

Industry REIT - Office
Sector Real Estate
Founded 2021
Employees 38
Stock Exchange NYSE
Ticker Symbol ONL
Full Company Profile

Financial Performance

In 2023, Orion Office REIT's revenue was $194.61 million, a decrease of -6.26% compared to the previous year's $207.59 million. Losses were -$57.30 million, -41.23% less than in 2022.

Financial Statements

News

Seeking Yield Opportunities Of +10%

REITs have experienced a “lost decade” of poor returns and minimal interest from the market. Many have wrongly turned a cold shoulder to this sector and missed out on great income opportunities. Learn...

Other symbols: AWPVNQ
2 days ago - Seeking Alpha

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Webcast Dates.

Other symbols: O
3 days ago - Business Wire

If I Had To Invest Right Now, I Buy This 10% Yield REIT: Orion Office

Stuck going to the office? Get paid to be their landlord. I plan my income years in advance to see it grow and enable high yields. Don't only live in the present; chart a course to the future you want...

14 days ago - Seeking Alpha

Earnings Metrics Of Several U.S. Office REITs Drop In Q3

Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...

5 weeks ago - Seeking Alpha

I Am Bottom Fishing: 10% Yield From Orion Office REIT

Income from all sources can play a vital role in your retirement planning. Office REITs have been battered by a weakening economy and high rates. The sector's outlook is rapidly improving, but the bes...

2 months ago - Seeking Alpha

Orion Office REIT Inc. (ONL) Q3 2024 Earnings Call Transcript

Orion Office REIT Inc. (NYSE:ONL) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Paul Hughes - General Counsel Paul McDowell - CEO Gavin Brandon - CFO Conference C...

2 months ago - Seeking Alpha

Orion Office REIT Inc. Announces Third Quarter 2024 Results

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) focused on the ownership, acquisition and management o...

2 months ago - Business Wire

Orion Office: An Ugly Ducking Or SWAN-A-Bee?

Orion Office REIT Inc. is undergoing a portfolio transformation, focusing on high-quality, specialized office properties and reducing exposure to generic office space. Despite sector struggles, ONL of...

3 months ago - Seeking Alpha

Orion Office REIT: Mr. Market Is Looking Forward

Orion Office REIT is experiencing a rough start. The stock price often levels out and turns upward to climb a "wall of worry" at some point in the business cycle. Selling now is not advisable as the s...

3 months ago - Seeking Alpha

Orion Office REIT Inc. Announces Third Quarter 2024 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. Announces Third Quarter 2024 Earnings Release and Webcast Dates.

Other symbols: O
3 months ago - Business Wire

Orion Office REIT: 3 Reasons We Are Moving To A Strong Sell

Orion Office REIT's occupancy has dropped from 92% in 2021 to around 80% in Q2-2024. The company's Funds From Operations (FFO) continues to decline. Orion's debt levels are concerning, with net debt t...

3 months ago - Seeking Alpha

Orion Office REIT Inc. (ONL) Q2 2024 Earnings Call Transcript

Orion Office REIT Inc. (NYSE:ONL) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Paul Hughes - General Counsel Paul McDowell - Chief Executive Officer Chris Day - Ch...

5 months ago - Seeking Alpha

Orion Office REIT Inc. Announces Second Quarter 2024 Results

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) focused on the ownership, acquisition and management o...

5 months ago - Business Wire

Dividend Income: Lanny's July 2024 Summary

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...

Other symbols: BNLBNSBRTCAHCMCSCOEMN
5 months ago - Seeking Alpha

Cash Cows: 9 High-Yield REITs With Safe Dividends

High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REI...

Other symbols: APLEBHRBNLBXPCIODOCEPR
5 months ago - Seeking Alpha

Orion Office REIT Inc. Announces Second Quarter 2024 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diver...

6 months ago - Business Wire

Orion Office REIT: Don't Get Sucked In

Orion Office REIT Inc. has shed nearly 50% of its value in the past year, rearranging its dividend and valuation outlook. We argue that Orion is best left alone, as the Office REIT environment faces s...

7 months ago - Seeking Alpha

Orion Office REIT: 75% Discount To NAV, What You Are Missing

Orion Office REIT is trading at about 25% of the estimated NAV. We have had Sell and Strong Sell ratings on this in the past. We tell you why we are doubling down on our Sell rating this far below the...

7 months ago - Seeking Alpha

Earn +10% Yield From Diversified Real Estate

I'm locking-in high yields from proven wealth generators — land. We look at two opportunities that provide income from ownership of real estate assets. Embrace dividends and see your outlook change.

Other symbols: GHI
8 months ago - Seeking Alpha

10 REITs At Mega Discounts To NAV

These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my ...

Other symbols: BDNBHRBRTCIODLRGNLHPP
8 months ago - Seeking Alpha

Orion Office REIT: Value To Be Found After Recent Stock Slump

Orion Office REIT has significantly underperformed the Vanguard Real Estate ETF in 2024. Core FFO declined by 20% Y/Y in Q1 2024, with the company confirming its initial outlook for a 42% decline rela...

8 months ago - Seeking Alpha

Orion Office REIT Inc. Announces First Quarter 2024 Results

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) focused on the ownership, acquisition and management o...

9 months ago - Business Wire

Orion Office REIT Inc. Announces First Quarter 2024 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diver...

10 months ago - Business Wire

3 Risky Office REITs (Dumpster Fire Alert)

Some people make decent money dumpster diving, as seen in a Business Insider article about a couple who make up to $3,000 a month selling their trash treasures. The office REIT space is currently unde...

Other symbols: CIONLOP
11 months ago - Seeking Alpha

Top 3 Real Estate Stocks Which Could Rescue Your Portfolio This Month - City Office REIT (NYSE:CIO), Orion Office REIT (NYSE:ONL)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: CIOOPI
11 months ago - Benzinga