OPI

Office Properties Income Trust

1.47 USD
-0.12
7.55%
At close Dec 5, 4:00 PM EST
1 day
-7.55%
5 days
-6.37%
1 month
3.52%
3 months
-30.99%
6 months
-34.08%
Year to date
-79.35%
1 year
-75.94%
5 years
-95.61%
10 years
-94.59%
 

About: Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States. The company has only one segment which is direct ownership of real estate properties.

Employees: 570

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

262% more call options, than puts

Call options by funds: $1.45M | Put options by funds: $401K

3% less capital invested

Capital invested by funds: $56.2M [Q2] → $54.3M (-$1.85M) [Q3]

9.88% less ownership

Funds ownership: 56.48% [Q2] → 46.6% (-9.88%) [Q3]

14% less funds holding

Funds holding: 133 [Q2] → 115 (-18) [Q3]

44% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 45

53% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 34

Research analyst outlook

We haven’t received any recent analyst ratings for OPI.

Financial journalist opinion

Based on 3 articles about OPI published over the past 30 days

Positive
Benzinga
1 week ago
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.
Top 3 Real Estate Stocks That May Explode In Q4
Neutral
Business Wire
1 week ago
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 “Exchange”) with certain members of an ad hoc group of noteholders holding a significant amount of OPI's $453.6 million outstanding senior unsecured notes due 2025 (the “2025 Notes”) to refinance up to $340 million of the 2025 Notes. OPI intends to repurchase, redeem or repay the remaining $113.6 mil.
Office Properties Income Trust Announces Entry into Private Exchange Agreement with Certain Noteholders to Address 2025 Debt Maturities
Negative
Seeking Alpha
4 weeks ago
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 US REIT industry that have raised dividends during the first three quarters of 2024. Shopping center landlord SITE Centers Corp. was the most recent addition to the list of REITs that suspended dividends this year.
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Neutral
Seeking Alpha
1 month ago
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 and Chief Operating Officer Brian Donley - Chief Financial Officer and Treasurer Conference Call Participants Bryan Maher - B. Riley Securities Ronald Kamdem - Morgan Stanley Operator Good morning and welcome to the Office Properties Income Trust Third Quarter 2024 Earnings Conference Call.
Office Properties Income Trust (OPI) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Office Properties Income Trust (OPI) Q3 FFO Miss Estimates
Office Properties Income Trust (OPI) came out with quarterly funds from operations (FFO) of $0.43 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $1.02 per share a year ago.
Office Properties Income Trust (OPI) Q3 FFO Miss Estimates
Neutral
Business Wire
1 month ago
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 section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call discussing OPI's third quarter results will be held on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 3.
Office Properties Income Trust Announces Third Quarter 2024 Results
Neutral
Business Wire
1 month ago
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 common share ($0.04 per share per year). This distribution will be paid to OPI's common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Office Properties Income Trust OPI is a national REIT focused on owning and leasing office properties to high credit quali.
Office Properties Income Trust Announces Quarterly Dividend on Common Shares
Neutral
Business Wire
2 months ago
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 closes on Wednesday, October 30, 2024. On Thursday, October 31, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 3.
Office Properties Income Trust Third Quarter 2024 Conference Call Scheduled for Thursday, October 31st
Negative
Seeking Alpha
3 months ago
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 declined, while the REIT's private debt exchange offer was poorly received, indicating refinancing challenges. The Fed's anticipated rate cut may provide some relief, but OPI's financial health remains precarious, with potential dividend suspension to conserve cash.
Office Properties Income Trust: Why I Sold The Baby Bonds
Negative
Seeking Alpha
4 months ago
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 estate. Concerns about cash flow generation, leasing outlook, upcoming lease expirations, and debt repayment challenges raise doubts about the company's future.
Office Properties Income Trust: Latest Earnings Are Concerning
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