B. Riley Brokers Boost Earnings Estimates for OPI

Office Properties Income Trust (NASDAQ:OPIFree Report) – Research analysts at B. Riley increased their Q1 2025 earnings estimates for Office Properties Income Trust in a research note issued on Wednesday, November 27th. B. Riley analyst B. Maher now forecasts that the company will earn $0.34 per share for the quarter, up from their previous forecast of $0.30. The consensus estimate for Office Properties Income Trust’s current full-year earnings is $2.26 per share. B. Riley also issued estimates for Office Properties Income Trust’s Q3 2026 earnings at $0.35 EPS.

Office Properties Income Trust (NASDAQ:OPIGet Free Report) last posted its earnings results on Wednesday, October 30th. The company reported ($1.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($1.61). The company had revenue of $120.62 million during the quarter, compared to analysts’ expectations of $119.93 million. Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%.

Separately, StockNews.com downgraded shares of Office Properties Income Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th.

Read Our Latest Stock Analysis on Office Properties Income Trust

Office Properties Income Trust Stock Up 5.8 %

Shares of NASDAQ:OPI opened at $1.65 on Monday. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $92.04 million, a P/E ratio of -3.67 and a beta of 1.18. Office Properties Income Trust has a 52-week low of $1.06 and a 52-week high of $7.53. The stock’s fifty day simple moving average is $1.74 and its 200-day simple moving average is $2.08.

Office Properties Income Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were issued a $0.01 dividend. The ex-dividend date was Monday, October 28th. This represents a $0.04 annualized dividend and a yield of 2.42%. Office Properties Income Trust’s dividend payout ratio (DPR) is presently -8.89%.

Hedge Funds Weigh In On Office Properties Income Trust

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Office Properties Income Trust by 0.9% in the first quarter. Vanguard Group Inc. now owns 4,920,629 shares of the company’s stock worth $10,038,000 after acquiring an additional 45,874 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in Office Properties Income Trust by 32.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 44,686 shares of the company’s stock worth $91,000 after purchasing an additional 10,900 shares during the period. Optas LLC acquired a new position in shares of Office Properties Income Trust in the 2nd quarter valued at $34,000. Summit Securities Group LLC purchased a new stake in shares of Office Properties Income Trust during the 2nd quarter valued at $55,000. Finally, Vanguard Personalized Indexing Management LLC increased its holdings in shares of Office Properties Income Trust by 40.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 16,758 shares of the company’s stock worth $34,000 after buying an additional 4,798 shares during the last quarter. 64.41% of the stock is currently owned by institutional investors and hedge funds.

Office Properties Income Trust Company Profile

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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 StarĀ® Partner of the Year for the sixth consecutive year.

Further Reading

Earnings History and Estimates for Office Properties Income Trust (NASDAQ:OPI)

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