Office Properties Income Trust (NASDAQ:OPI) to Post FY2025 Earnings of $2.44 Per Share, B. Riley Forecasts

Office Properties Income Trust (NASDAQ:OPI) – Analysts at B. Riley cut their FY2025 earnings per share estimates for Office Properties Income Trust in a research note issued on Monday, May 6th. B. Riley analyst B. Maher now forecasts that the company will post earnings of $2.44 per share for the year, down from their prior estimate of $2.85. B. Riley 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.

Office Properties Income Trust (NASDAQ:OPI) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($0.11) EPS for the quarter, missing the consensus estimate 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 company had revenue of $139.44 million during the quarter, compared to analysts’ expectations of $128.28 million. During the same period last year, the business earned $1.09 earnings per share.

Several other brokerages also recently weighed in on OPI. Morgan Stanley decreased their target price on shares of Office Properties Income Trust from $1.80 to $1.60 and set an “underweight” rating for the company in a research note on Thursday, March 28th. StockNews.com raised shares of Office Properties Income Trust from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd.

Office Properties Income Trust Stock Down 1.3 %

NASDAQ OPI opened at $2.28 on Wednesday. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 2.06. Office Properties Income Trust has a fifty-two week low of $1.81 and a fifty-two week high of $8.80. The business has a 50 day moving average price of $2.11 and a two-hundred day moving average price of $3.95. The stock has a market cap of $110.91 million, a PE ratio of -1.48, a P/E/G ratio of 0.09 and a beta of 1.18.

Institutional Investors Weigh In On Office Properties Income Trust

Institutional investors have recently modified their holdings of the stock. EMC Capital Management raised its stake in Office Properties Income Trust by 100.2% during the third quarter. EMC Capital Management now owns 7,513 shares of the company’s stock valued at $31,000 after buying an additional 3,761 shares in the last quarter. CWM LLC lifted its stake in Office Properties Income Trust by 217.2% during the fourth quarter. CWM LLC now owns 4,324 shares of the company’s stock worth $32,000 after purchasing an additional 2,961 shares during the last quarter. Allworth Financial LP boosted its holdings 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 worth $34,000 after purchasing an additional 4,524 shares during the period. Meeder Asset Management Inc. bought a new stake in Office Properties Income Trust during the fourth quarter valued at $37,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Office Properties Income Trust during the third quarter worth $41,000. Institutional investors and hedge funds own 64.41% of the company’s stock.

Office Properties Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, April 22nd will be paid a $0.01 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.76%. Office Properties Income Trust’s dividend payout ratio (DPR) is presently -2.60%.

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.