Brokers Offer Predictions for Office Properties Income Trust’s FY2025 Earnings (NASDAQ:OPI)

Office Properties Income Trust (NASDAQ:OPI) – B. Riley decreased their FY2025 earnings per share (EPS) estimates for Office Properties Income Trust in a report released on Monday, May 6th. B. Riley analyst B. Maher now anticipates that the company will earn $2.44 per share for the year, down from their previous forecast of $2.85. B. Riley currently has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for Office Properties Income Trust’s current full-year earnings is $2.85 per share.

Several other equities analysts have also issued reports on the company. StockNews.com upgraded Office Properties Income Trust from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Morgan Stanley reduced their price objective on Office Properties Income Trust from $1.80 to $1.60 and set an “underweight” rating on the stock in a research report on Thursday, March 28th.

Office Properties Income Trust Stock Performance

NASDAQ:OPI opened at $2.31 on Wednesday. The stock has a market cap of $112.37 million, a P/E ratio of -1.50, a PEG ratio of 0.09 and a beta of 1.18. The stock has a 50 day simple moving average of $2.12 and a 200 day simple moving average of $3.97. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 2.06. Office Properties Income Trust has a 1-year low of $1.81 and a 1-year high of $8.80.

Office Properties Income Trust (NASDAQ:OPI) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.92). Office Properties Income Trust had a negative net margin of 13.72% and a negative return on equity of 5.76%. The business had revenue of $139.44 million during the quarter, compared to analyst estimates of $128.28 million. During the same period in the previous year, the business earned $1.09 earnings per share.

Office Properties Income Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Monday, April 22nd will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, April 19th. Office Properties Income Trust’s dividend payout ratio is presently -2.60%.

Hedge Funds Weigh In On Office Properties Income Trust

Several institutional investors have recently bought and sold shares of OPI. EMC Capital Management raised its position in shares of Office Properties Income Trust by 100.2% in the third quarter. EMC Capital Management now owns 7,513 shares of the company’s stock worth $31,000 after buying an additional 3,761 shares in the last quarter. CWM LLC increased its stake in Office Properties Income Trust by 217.2% in the fourth quarter. CWM LLC now owns 4,324 shares of the company’s stock valued at $32,000 after acquiring an additional 2,961 shares during the last quarter. Allworth Financial LP increased its stake in Office Properties Income Trust by 3,098.6% in the fourth quarter. Allworth Financial LP now owns 4,670 shares of the company’s stock valued at $34,000 after acquiring an additional 4,524 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Office Properties Income Trust in the fourth quarter valued at $37,000. Finally, Dark Forest Capital Management LP bought a new position in Office Properties Income Trust in the third quarter valued at $41,000. Hedge funds and other institutional investors own 64.41% of the company’s stock.

About Office Properties Income Trust

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, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.