Orion Properties Inc. (ONL)

NYSE: ONL · Real-Time Price · USD
2.970
+0.050 (1.71%)
May 13, 2026, 1:30 PM EDT - Market open
Market Cap168.79M +72.7%
Revenue (ttm)134.10M -13.5%
Net Income-143.53M
EPS-2.55
Shares Out 56.83M
PE Ration/a
Forward PEn/a
Dividend$0.08 (2.69%)
Ex-Dividend DateJun 30, 2026
Volume96,326
Open2.890
Previous Close2.920
Day's Range2.850 - 2.975
52-Week Range1.630 - 3.050
Beta1.59
AnalystsBuy
Price Target3.50 (+17.85%)
Earnings DateMay 7, 2026

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.

Industry REIT - Office
Founded 2021
Employees 37
Stock Exchange NYSE
Ticker Symbol ONL
Full Company Profile

Financial Performance

In 2025, Orion Properties's revenue was $135.83 million, a decrease of -17.24% compared to the previous year's $164.12 million. Losses were -$139.31 million, 35.2% more than in 2024.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for ONL stock is "Buy." The 12-month stock price target is $3.5, which is an increase of 17.85% from the latest price.

Price Target
$3.5
(17.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Orion Properties Earnings Call Transcript: Q1 2026

Q1 2026 saw improved leasing, higher occupancy, and continued portfolio repositioning toward dedicated use assets. Core FFO rose to $0.21 per share, aided by a one-time lease termination payment, and 2026 guidance was reaffirmed. Strategic review and asset sales remain key priorities.

5 days ago - Transcripts

Orion Office REIT reaffirms FY26 FFO view 69c-76c, consensus 61c

16:24 EDT Orion Office REIT (ONL) reaffirms FY26 FFO view 69c-76c, consensus 61c

5 days ago - TheFly

Orion Properties Inc. Announces First Quarter 2026 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...

5 days ago - Business Wire

Orion Properties Inc. Announces First Quarter 2026 Earnings Release and Webcast Dates

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

Orion Properties Earnings Call Transcript: Q4 2025

Leasing momentum and portfolio stabilization drove improved lease rates and occupancy in 2025, despite lower revenues and FFO. Strategic asset sales and acquisitions shifted the portfolio toward dedicated use assets, while refinancing extended debt maturities and enhanced liquidity.

2 months ago - Transcripts

Orion Properties Inc. Announces Fourth Quarter and Full Year 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...

2 months ago - Business Wire

Orion Properties Inc. Positioned For Continued Business Plan Execution With New $215 Million Revolving Facility and Extension of $355 Million CMBS Loan

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (“Orion” or the “Company”) (NYSE: ONL) today announced that it has entered into a new $215 million senior secured revolving credit facility and extended...

2 months ago - Business Wire

Orion Properties Inc. Announces Tax Treatment of 2025 Dividends

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...

3 months ago - Business Wire

Orion Office REIT upgraded to Buy from Hold at JonesResearch

JonesResearch analyst Matthew Erdner upgraded Orion Office REIT (ONL) to Buy from Hold with a $3 price target after Orion Properties announced a strategic options review process and a cooperation…

3 months ago - TheFly

Orion Properties Announces Strategic Options Review Process to Maximize Stockholder Value

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (“Orion” or the “Company”) (NYSE: ONL) today announced a strategic options review process and a cooperation agreement (the “Cooperation Agreement”) sign...

3 months ago - Business Wire

Orion Properties Inc. Announces Fourth Quarter and Full Year 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 (“REIT”) which owns a diversified portfolio of single-tenant net...

4 months ago - Business Wire

Orion Office REIT initiated with a Hold at JonesResearch

JonesResearch initiated coverage of Orion Office REIT (ONL) with a Hold rating. With a 100% office portfolio, the company faces upcoming debt maturities in 2026/27 that “could prove to be…

4 months ago - TheFly

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 ...

6 months 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...

6 months ago - Business Wire

Orion Office REIT files $750M mixed securities shelf

16:35 EST Orion Office REIT (ONL) files $750M mixed securities shelf

6 months ago - TheFly

Orion Properties Earnings Call Transcript: Q3 2025

Leasing and portfolio transformation drove improved stability, with 303,000 sq ft leased in Q3 and over $110 million in property sales. Raised core FFO guidance to $0.74-$0.76/share, with 2025 expected as the earnings trough before growth resumes in 2026.

6 months ago - Transcripts

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...

6 months ago - Business Wire

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 months ago - Business Wire

Orion Properties Earnings Call Transcript: Q2 2025

Leasing momentum remained strong with 639,000 sq ft completed and occupancy rising to 77.4%. Revenues and core FFO declined year-over-year, but guidance for 2025 core FFO was raised. Asset sales and a shift toward dedicated use assets are accelerating portfolio transformation.

9 months ago - Transcripts

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...

9 months ago - Business Wire

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...

10 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...

10 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.

10 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...

10 months ago - Business Wire

Orion Properties confirms receipt of indication of interest from Kawa Capital

Orion Properties confirmed its receipt of an unsolicited, non-binding indication of interest from Kawa Capital Management to potentially acquire all of the outstanding shares of common stock of the co...

11 months ago - TheFly