Orion Office REIT Inc. (ONL)

NYSE: ONL · IEX Real-Time Price · USD
3.430
+0.280 (8.89%)
Mar 27, 2024, 4:00 PM EDT - Market closed
8.89%
Market Cap 181.30M
Revenue (ttm) 195.04M
Net Income (ttm) -57.30M
Shares Out 55.78M
EPS (ttm) -1.02
PE Ratio n/a
Forward PE n/a
Dividend $0.40 (11.66%)
Ex-Dividend Date Mar 27, 2024
Volume 639,187
Open 3.265
Previous Close 3.150
Day's Range 3.170 - 3.440
52-Week Range 3.170 - 7.070
Beta 0.86
Analysts Strong Buy
Price Target 8.00 (+133.24%)
Earnings Date May 7, 2024

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, ONL's revenue was $195.04 million, a decrease of -6.28% compared to the previous year's $208.12 million. Losses were -$57.30 million, -41.23% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ONL stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(133.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
4 weeks ago - Benzinga

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2023 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...

4 weeks ago - Business Wire

Orion Office REIT Inc. Announces Tax Treatment of 2023 Dividends

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 single-...

2 months ago - Business Wire

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2023 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 single-...

2 months ago - Business Wire

Orion Office REIT Inc. Announces Third Quarter 2023 Results

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 single-...

4 months ago - Business Wire

Orion Office REIT Inc. Announces Third Quarter 2023 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 single-...

6 months ago - Business Wire

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...

Other symbols: AANALLYAPLEBXBXMTDEENR
7 months ago - PRNewsWire

Orion Office REIT Inc. Announces Second Quarter 2023 Results

PHOENIX, Ariz.--(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 ...

8 months ago - Business Wire

Orion Office REIT Inc. Announces Second Quarter 2023 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 single-...

9 months ago - Business Wire

Orion Office REIT Inc. Announces Amendment to Credit Agreement

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 single-...

9 months ago - Business Wire

Orion Office REIT Inc. Announces First Quarter 2023 Results

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 single-...

11 months ago - Business Wire

Orion Office REIT Inc. Announces First Quarter 2023 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the...

1 year ago - Business Wire

Orion Office REIT Inc.® Announces Fourth Quarter and Full Year 2022 Results

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 single-...

1 year ago - Business Wire

Orion Office REIT Inc. Announces Tax Treatment of 2022 Dividends

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across t...

1 year ago - Business Wire

Orion Office REIT Inc. Announces Fourth Quarter 2022 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across t...

1 year ago - Business Wire

Orion Office REIT Inc.® Announces Third Quarter 2022 Results

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 single-...

1 year ago - Business Wire

Orion Office REIT Inc. Announces Third Quarter 2022 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the...

1 year ago - Business Wire

Orion Office REIT Inc.® Announces Second Quarter 2022 Results

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 single-...

1 year ago - Business Wire

Orion Office REIT Inc. Announces Second Quarter 2022 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the...

1 year ago - Business Wire

Orion Office REIT Inc.® Announces First Quarter 2022 Results

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 single-...

2 years ago - Business Wire

Orion Office REIT Inc. Announces First Quarter 2022 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the...

2 years ago - Business Wire

Orion Office REIT Inc.® Announces Fourth Quarter 2021 Operating Results

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 single-...

2 years ago - Business Wire

Orion Office REIT Inc. Announces Fourth Quarter 2021 Earnings Release and Conference Call Date

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the...

2 years ago - Business Wire

Arch Street Capital and Orion Announce Single Tenant Office Partnership

NEW YORK, Jan. 31, 2022 /PRNewswire/ -- Arch Street Capital Advisors ("Arch") and Orion Office REIT Inc. ("Orion") (NYSE: ONL) are pleased to announce the formation and continuation of a programmatic ...

2 years ago - PRNewsWire