Office Properties Income Trust (OPI)

NASDAQ: OPI · Real-Time Price · USD
0.872
-0.012 (-1.37%)
At close: Feb 21, 2025, 4:00 PM
0.887
+0.015 (1.71%)
After-hours: Feb 21, 2025, 5:12 PM EST
-1.37%
Market Cap 60.91M
Revenue (ttm) 501.98M
Net Income (ttm) -136.12M
Shares Out 69.82M
EPS (ttm) -2.63
PE Ratio n/a
Forward PE n/a
Dividend $0.04 (4.59%)
Ex-Dividend Date Jan 27, 2025
Volume 257,216
Open 0.880
Previous Close 0.884
Day's Range 0.861 - 0.880
52-Week Range 0.840 - 3.200
Beta 1.22
Analysts Buy
Price Target 4.30 (+392.95%)
Earnings Date Feb 13, 2025

About OPI

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset... [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Jun 3, 2009
Country United States
Stock Exchange NASDAQ
Ticker Symbol OPI
Full Company Profile

Financial Performance

In 2024, OPI's revenue was $501.98 million, a decrease of -5.92% compared to the previous year's $533.55 million. Losses were -$136.12 million, 95.2% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for OPI stock is "Buy." The 12-month stock price forecast is $4.3, which is an increase of 392.95% from the latest price.

Price Target
$4.3
(392.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Office Properties Income Trust: Occupancy Stabilizing, But It Is Too Late

Office Properties Income Trust had a surprisingly good Q4 2024. Investors were jolted back to the longer-term issues on the conference call. The OPINL baby bonds yielding 13.6% are just as risky as th...

3 days ago - Seeking Alpha

Office Properties Income Trust (OPI) Q4 2024 Earnings Call Transcript

Office Properties Income Trust (NASDAQ:OPI) Q4 2024 Earnings Conference Call February 14, 2025 10:00 AM ET Company Participants Kevin Barry - IR Yael Duffy - President and COO Brian Donley - CFO and ...

7 days ago - Seeking Alpha

Office Properties Income Trust Issues Supplement to Previously Announced Private Exchange Offers Relating to Existing Senior Unsecured Notes to Reflect Certain Financial Information in its 10-K Filed Earlier Today

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced that it has supplemented the Offering Memorandum dated as of February 7, 2025 (the “Offering Memora...

8 days ago - Business Wire

Office Properties Income Trust Announces Fourth Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended December 31, 2024, which can be found at the Quarterly Results ...

8 days ago - Business Wire

Office Properties Income Trust Announces Private Exchange Offers Relating to Existing 2026, 2027 and 2031 Senior Unsecured Notes

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced that it is offering noteholders the option to exchange their outstanding senior unsecured notes due...

15 days ago - Business Wire

Office Properties Income Trust Fourth Quarter 2024 Conference Call Scheduled for Friday, February 14th

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq cl...

4 weeks ago - Business Wire

Office Properties Income Trust Announces 2024 Dividend Allocations

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows: Common Shares ...

4 weeks ago - Business Wire

The End Of An Era

U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the b...

4 weeks ago - Seeking Alpha

Office Properties Income Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). T...

5 weeks ago - Business Wire

Office Properties Income Trust Provides Update on Asset Sales and Redemption of Remaining 2025 Senior Notes Outstanding

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced it closed property sales for $114.5 million, excluding closing costs, in Q4 2024.

6 weeks ago - Business Wire

Is The Thrill Of Victory Worth The Agony Of Defeat?

I learned the importance of risk control and diversification after losing my entire net worth due to poor investment decisions and a failed partnership. Avoid high-risk REITs like Sachem Capital and O...

Other symbols: APLERHPSACHVICI
6 weeks 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...

2 months ago - Seeking Alpha

Office Properties Income Trust Closes Private Exchange Relating to 2025 Debt Maturities

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced it has consummated the previously announced private exchange of a portion of its 4.50% senior unsec...

2 months ago - Business Wire

Top 3 Real Estate Stocks That May Explode In Q4

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

Other symbols: WHLRCELZ
3 months ago - Benzinga

Office Properties Income Trust Announces Entry into Private Exchange Agreement with Certain Noteholders to Address 2025 Debt Maturities

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) (“OPI”) announced it has entered into an exchange agreement (“Exchange Agreement”) providing for a private exchange (the “E...

3 months ago - Business Wire

5 U.S. REITs Suspend Dividends Amid 2024 Cuts

Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...

3 months ago - Seeking Alpha

Office Properties Income Trust (OPI) Q3 2024 Earnings Call Transcript

Office Properties Income Trust (NASDAQ:OPI) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, Investor Relations Yael Duffy - President...

4 months ago - Seeking Alpha

Office Properties Income Trust Announces Third Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results...

4 months ago - Business Wire

Office Properties Income Trust Third Quarter 2024 Conference Call Scheduled for Thursday, October 31st

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq clo...

5 months ago - Business Wire

Office Properties Income Trust: Why I Sold The Baby Bonds

Office Properties Income Trust (OPI) faces a $500 million debt repayment by February 2025, raising concerns about its ability to remain a going concern. Occupancy rates and leasing volumes have declin...

6 months ago - Seeking Alpha

Office Properties Income Trust: Latest Earnings Are Concerning

Office Properties Income Trust is facing a $500 million bond maturity in February. Second quarter results show revenue down 7%, net income impacted by gains on debt extinguishment and losses on real e...

7 months ago - Seeking Alpha

Office Properties Income Trust (OPI) Q2 2024 Earnings Call Transcript

Office Properties Income Trust (NASDAQ:OPI) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director, Investor Relations Yael Duffy - President an...

7 months ago - Seeking Alpha

Office Properties Income Trust: Debt Exchange Won't Help The Common

Office Properties Income Trust stock has dropped substantially since our last update. Q2-2024 results drove a rally in the stock this morning. We look at the numbers and tell you why bulls should use ...

7 months ago - Seeking Alpha

Office Properties Income Trust Announces Second Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Results sect...

7 months ago - Business Wire

Office Properties Income Trust Second Quarter 2024 Conference Call Scheduled for Thursday, August 1st

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq cl...

8 months ago - Business Wire