Orion Properties Inc. (ONL)

NYSE: ONL · Real-Time Price · USD
2.110
-0.050 (-2.31%)
At close: Dec 4, 2025, 4:00 PM EST
2.159
+0.049 (2.33%)
After-hours: Dec 4, 2025, 7:35 PM EST
-2.31%
Market Cap118.82M
Revenue (ttm)149.78M
Net Income (ttm)-136.26M
Shares Out 56.31M
EPS (ttm)-2.43
PE Ration/a
Forward PEn/a
Dividend$0.08 (3.79%)
Ex-Dividend DateDec 31, 2025
Volume249,448
Open2.130
Previous Close2.160
Day's Range2.110 - 2.180
52-Week Range1.460 - 4.250
Beta1.42
AnalystsHold
Price Targetn/a
Earnings DateNov 6, 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
Founded 2021
Employees 40
Stock Exchange NYSE
Ticker Symbol ONL
Full Company Profile

Financial Performance

In 2024, Orion Properties's revenue was $164.12 million, a decrease of -15.66% compared to the previous year's $194.61 million. Losses were -$103.01 million, 79.8% more than in 2023.

Financial Statements

News

Orion Properties: About That Going Concern Statement

Orion Properties faces elevated risk due to a going concern statement. Management has considerable experience in turnarounds and asset sales. Macro risks, especially political and economic uncertainty...

3 days ago - Seeking Alpha

Orion Properties Announces that Director Nomination Notice from Kawa is Invalid

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the notice submitted by The Kawa Fund Limited (together with its affiliates, “Kawa”), which ...

8 days ago - Business Wire

Orion Properties Confirms Receipt of Director Nominees

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today confirmed that it has received notice from Kawa Capital Management (“Kawa”) that Kawa has nominated five in...

15 days ago - Business Wire

Orion Properties: The 'Going Concern' Warning Just Became Impossible To Overlook

ONL's latest 10-Q includes explicit going-concern language, as the company still has no agreement to extend or refinance its revolver that matures in May 2026. Elevated CapEx and leasing costs continu...

16 days ago - Seeking Alpha

Orion Properties Inc. (ONL) Q3 2025 Earnings Call Transcript

Orion Properties Inc. ( ONL) Q3 2025 Earnings Call November 7, 2025 10:00 AM EST Company Participants Paul Hughes - General Counsel & Secretary Paul McDowell - CEO, President & Director Gavin Brandon...

27 days ago - Seeking Alpha

Orion Properties Inc. Announces Third Quarter 2025 Results

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

4 weeks ago - Business Wire

The Next REITs That Could Potentially Cut Dividends (My Predictions)

REIT dividend cuts often lead to significant losses. Unfortunately, quite a few REITs likely won't sustain their dividends. I identify popular high-yielding REITs that are at risk of cutting their div...

Other symbols: CTOGOODOLPVNQ
7 weeks ago - Seeking Alpha

Orion Properties Inc. Announces Third Quarter 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust which owns a diversified portfolio of single-tenant net lease of...

7 weeks ago - Business Wire

Orion Properties: Patience Pays Off Big When Mr. Market Looks The Other Way

Orion Properties (ONL) is progressing through its turnaround, with occupancy climbing and portfolio quality improving as non-core assets are sold. Cash flow is stabilizing, but elevated CapEx and leas...

2 months ago - Seeking Alpha

Orion Properties: Recent Takeover Interest Confirms Value Opportunity

Orion Properties Inc. is an office REIT diversifying from traditional office to government, medical office, flex/lab, research & development and flex/industrial assets. ONL reported lower Core FFO Y/Y...

3 months ago - Seeking Alpha

Orion Properties Inc. (ONL) Q2 2025 Earnings Call Transcript

Orion Properties Inc. (NYSE:ONL) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET Company Participants Gavin B. Brandon - Executive VP, CFO & Treasurer Paul C.

4 months ago - Seeking Alpha

Orion Properties Inc. Announces Second Quarter 2025 Results

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net...

4 months ago - Business Wire

Behind The (Revised) Curve

U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. T...

Other symbols: AGGAGNCAHTAMHAMTAREAVB
4 months ago - Seeking Alpha

Why Orion Properties Might Be The Most Undervalued Office REIT In 2025

Orion Properties is extremely undervalued, trading below even a low-ball acquisition offer, creating a compelling pre-earnings opportunity. Management's rejection of takeover bids signals confidence i...

4 months ago - Seeking Alpha

Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the revised non-binding acquisit...

4 months ago - Business Wire

Orion Properties Inc. Confirms Receipt of Revised Unsolicited Non-Binding Indication of Interest from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of a revised unsolicited, non-binding indication of interest from Kawa Capital Manage...

5 months ago - Business Wire

Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates.

5 months ago - Business Wire

Orion Properties Board of Directors Unanimously Rejects Unsolicited Proposal from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the acquisition proposal to acqu...

5 months ago - Business Wire

The Bulls Are Back

U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oi...

Other symbols: BBRECSRCTODLRDRNDRVEFC
5 months ago - Seeking Alpha

Orion Properties Inc. Confirms Receipt of Unsolicited Non-Binding Indication of Interest from Kawa Capital Management

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of an unsolicited, non-binding indication of interest from Kawa Capital Management, I...

5 months ago - Business Wire

Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending th...

6 months ago - Seeking Alpha

Orion Properties: A Depressed 35% FFO-Yield Worth Scooping Up At The Bottom?

Office REITs like ONL are deeply out of favor, but supply-demand dynamics and low new construction support a bullish long-term thesis. ONL's Q1 2025 shows slight occupancy improvement, but high capita...

7 months ago - Seeking Alpha

Orion Properties: Occupancy Returns To Growth After Capex Surge

Orion Properties is an office REIT pivoting towards flex, laboratory, medical, and governmental properties. Core FFO improved Q/Q, helped by lower administrative and interest expenses. Occupancy was a...

7 months ago - Seeking Alpha

When Your REIT Will Cut Its Dividend

When Your REIT Will Cut Its Dividend

Other symbols: AHHBRTBXPCCICPTCSRDEI
7 months ago - Seeking Alpha

Orion Office REIT Inc. (ONL) Q1 2025 Earnings Call Transcript

Orion Office REIT Inc. (NYSE:ONL) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Paul Hughes - General Counsel Paul McDowell - CEO Gavin Brandon - CFO Gary Landriau - C...

7 months ago - Seeking Alpha