ONL
Orion Office REITONL
ONL
About: Orion Properties Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased on a single-tenant net lease basis to creditworthy clients. The portfolio of the company includes traditional office buildings, governmental offices, medical offices, laboratories, and others. The Company operates in one business segment: direct ownership and operation of commercial real estate.
Employees: 40
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
400% more call options, than puts
Call options by funds: $60K | Put options by funds: $12K
3.37% more ownership
Funds ownership: 57.28% [Q4 2024] → 60.65% (+3.37%) [Q1 2025]
9% less funds holding
Funds holding: 247 [Q4 2024] → 226 (-21) [Q1 2025]
30% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 70
38% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 37
39% less capital invested
Capital invested by funds: $119M [Q4 2024] → $72.7M (-$46.4M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for ONL.
Financial journalist opinion
Based on 5 articles about ONL published over the past 30 days
Positive
Seeking Alpha
1 day ago
Why Orion Properties Might Be The Most Undervalued Office REIT In 2025
Orion Properties is extremely undervalued, trading below even a low-ball acquisition offer, creating a compelling pre-earnings opportunity. Management's rejection of takeover bids signals confidence in ONL's intrinsic value, which I conservatively estimate to be much higher than the current share price. ONL's repositioning, asset sales, and re-tenanting efforts are set to boost cash flow and support a future dividend reinstatement.
Neutral
Business Wire
3 days ago
Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management
PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the revised non-binding acquisition proposal to acquire all of the outstanding shares of Orion for $2.75 per share in cash submitted by Kawa Capital Management on July 17, 2025, is not in the best interests of Orion's stockholders. This determination follows a review process conducted by the Orion Board in consultation with its i.
Neutral
Business Wire
1 week ago
Orion Properties Inc. Confirms Receipt of Revised Unsolicited Non-Binding Indication of Interest from Kawa Capital Management
PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of a revised unsolicited, non-binding indication of interest from Kawa Capital Management, Inc. (“Kawa”) to potentially acquire all of the outstanding shares of common stock of the Company not already owned by Kawa for cash consideration of $2.75 per share. Kawa previously submitted a proposal on June 20, 2025, to acquire the Company's outstanding shares of common stock for cash co.
Neutral
Business Wire
2 weeks ago
Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates
PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates.
Neutral
Business Wire
3 weeks ago
Orion Properties Board of Directors Unanimously Rejects Unsolicited Proposal from Kawa Capital Management
PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the Company's Board of Directors unanimously concluded that the acquisition proposal to acquire all of the outstanding shares of Orion for $2.50 per share in cash submitted by Kawa Capital Management on June 20, 2025, is not in the best interests of Orion's stockholders. This determination follows a review process conducted by the Orion Board in consultation with its independent financial.
Positive
Seeking Alpha
1 month ago
The Bulls Are Back
U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oil prices tumbled after the U.S. destroyed a trio of Iranian nuclear facilities in a formidable and decisive show of force, eliciting a ceasefire between Israel and Iran. Traders priced in additional rate cuts as tumbling oil prices and economic data that remains devoid of meaningful inflation prompted dovish dissents from several Fed officials.
Neutral
Business Wire
1 month ago
Orion Properties Inc. Confirms Receipt of Unsolicited Non-Binding Indication of Interest from Kawa Capital Management
PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of an unsolicited, non-binding indication of interest from Kawa Capital Management, Inc. (“Kawa”) to potentially acquire all of the outstanding shares of common stock of the Company not already owned by Kawa for cash consideration of $2.50 per share. Kawa currently beneficially owns 5,474,027 of the outstanding shares of the Company's common stock, or approximately 9.7%, based on i.
Neutral
Seeking Alpha
1 month ago
Tariffs On, Tariffs Off
US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.
Positive
Seeking Alpha
2 months ago
Orion Properties: A Depressed 35% FFO-Yield Worth Scooping Up At The Bottom?
Office REITs like ONL are deeply out of favor, but supply-demand dynamics and low new construction support a bullish long-term thesis. ONL's Q1 2025 shows slight occupancy improvement, but high capital expenditures and negative dividend coverage remain for now. Management is aggressively leasing and selling assets, but it is coming at a price.
Positive
Seeking Alpha
2 months ago
Orion Properties: Occupancy Returns To Growth After Capex Surge
Orion Properties is an office REIT pivoting towards flex, laboratory, medical, and governmental properties. Core FFO improved Q/Q, helped by lower administrative and interest expenses. Occupancy was also higher by 1.5% Q/Q, helped by elevated capex. Even so, Core FFO remains well below prior-year levels, impacted by past net operating income declines.
Charts implemented using Lightweight Charts™