Office Properties Income Trust (BMV:OPIUSA *) - Stock Price, News & Analysis

OPIUSA * Stock Overview

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S.

About the company

OPIUSA * fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 61% below our estimate of its fair value

Revenue is forecast to grow 45.69% per year

Became profitable this year

Risk Analysis

Earnings are forecast to decline by an average of 41.2% per year for the next 3 years

Shares are highly illiquid

Interest payments are not well covered by earnings

Large one-off items impacting financial results

+ 1 more risk

Office Properties Income Trust Competitors

FIBRA Storage

BMV:STORAGE 18

Mex$4.5b

FibraHotel

BMV:FIHO 12

Mex$7.3b

Fibra Plus

BMV:FPLUS 16

Mex$5.5b

Fibra Shop

BMV:FSHOP 13

Mex$3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Office Properties Income Trust
Historical stock prices
Current Share Price	US$110.00
52 Week High	US$115.00
52 Week Low	US$110.00
Beta	1.2
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-73.75%
3 Year Change	-81.48%
5 Year Change	n/a
Change since IPO	-81.48%

Recent updates

Shareholder Returns

	OPIUSA *	MX Office REITs	MX Market
7D	0%	-1.0%	-0.8%
1Y	-73.8%	-6.5%	4.5%

Return vs Industry: OPIUSA * underperformed the MX Office REITs industry which returned 0.9% over the past year.

Return vs Market: OPIUSA * underperformed the MX Market which returned 3.7% over the past year.

Price Volatility

Is OPIUSA *'s price volatile compared to industry and market?
OPIUSA * volatility
OPIUSA * Average Weekly Movement	n/a
Office REITs Industry Average Movement	2.6%
Market Average Movement	4.0%
10% most volatile stocks in MX Market	5.9%
10% least volatile stocks in MX Market	2.3%

Stable Share Price: OPIUSA * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine OPIUSA *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2009	n/a	n/a	www.opireit.com

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 June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 155 properties as of June 30, 2023, with approximately 20.8 million square feet located in 30 states and Washington, D.C.

Office Properties Income Trust Fundamentals Summary

How do Office Properties Income Trust's earnings and revenue compare to its market cap?
OPIUSA * fundamental statistics
Market cap	Mex$6.16b
Earnings (TTM)	Mex$175.01m
Revenue (TTM)	Mex$9.08b

38.4x

P/E Ratio

0.7x

P/S Ratio

Is OPIUSA * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPIUSA * income statement (TTM)
Revenue	US$532.02m
Cost of Revenue	US$83.17m
Gross Profit	US$448.85m
Other Expenses	US$438.60m
Earnings	US$10.26m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.21
Gross Margin	84.37%
Net Profit Margin	1.93%
Debt/Equity Ratio	190.0%

How did OPIUSA * perform over the long term?

See historical performance and comparison

Dividends

12.3%

Current Dividend Yield

46%

Payout Ratio

OPIUSA * Stock Overview

Rewards

Risk Analysis

Office Properties Income Trust Competitors

BMV:STORAGE 18

Mex$4.5b

BMV:FIHO 12

Mex$7.3b

BMV:FPLUS 16

Mex$5.5b

BMV:FSHOP 13

Mex$3.0b

Price History & Performance

Recent News & Updates

Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About May 16, 2024

Office Properties Income Trust, Annual General Meeting, Jun 13, 2024

Office Properties Income Trust to Report Q1, 2024 Results on May 01, 2024

The Chicago School of Professional Psychology Inc acquired 247,716 Rentable Square Feet Located At 400 South Jefferson Street, Chicago, Illinois from Office Properties Income Trust for $38.5 million.

Office Properties Income Trust to Report Q4, 2023 Results on Feb 15, 2024

Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer, Effective January 1, 2024

Recent updates

Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About May 16, 2024

Office Properties Income Trust, Annual General Meeting, Jun 13, 2024

Office Properties Income Trust to Report Q1, 2024 Results on May 01, 2024

The Chicago School of Professional Psychology Inc acquired 247,716 Rentable Square Feet Located At 400 South Jefferson Street, Chicago, Illinois from Office Properties Income Trust for $38.5 million.

Office Properties Income Trust to Report Q4, 2023 Results on Feb 15, 2024

Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer, Effective January 1, 2024

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About November 16, 2023

Office Properties Income Trust to Report Q3, 2023 Results on Oct 30, 2023

Office Properties Income Trust Announces Executive Changes, Effective October 1, 2023

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About August 17, 2023

Office Properties Income Trust to Report Q2, 2023 Results on Jul 26, 2023

Office Properties Income Trust(NasdaqGS:OPI) dropped from Russell 2000 Defensive Index

First quarter 2023 earnings released: FFO per share: US$1.0 (vs US$1.30 in 1Q 2022)

An unknown buyer agreed to acquire Two properties containing approximately 207,000 rentable square feet from Office Properties Income Trust (NasdaqGS:OPI) for $7.6 million.

Insufficient new directors

Office Properties Income Trust to Report Q4, 2022 Results on Feb 15, 2023

Office Properties Income Trust Announces Regular Quarterly Cash Distribution on Its Common Shares, Payable on or About February 16, 2023

An unknown buyer agreed to acquire Five Properties Containing Approximately 338,000 Rentable Square Feet from Office Properties Income Trust (NasdaqGS:OPI) for $20.5 million.

Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About November 17, 2022

Office Properties Income Trust to Report Q3, 2022 Results on Oct 27, 2022

Second quarter 2022 earnings released: FFO: US$141.3m per share (vs US$0.78 in 2Q 2021)

Office Properties Income Trust Provides Sales Guidance for the Year 2022

Upcoming dividend of US$0.55 per share

Insufficient new directors

Office Properties Income Trust Announces Regular Quarterly Cash Dividend on Common Shares, Payable on or about August 18, 2022

Office Properties Income Trust to Report Q2, 2022 Results on Jul 28, 2022

Insufficient new directors

Office Properties Income Trust Appoints Talley to Serve on the Audit Committee and the Compensation Committee

Independent Trustee recently bought Mex$161k worth of stock

Insider recently bought Mex$161k worth of stock

First quarter 2022 earnings released: FFO: US$147.4m per share (vs US$1.18 in 1Q 2021)

Office Properties Income Trust Announces Quarterly Cash Distribution, Payable or or About May 19, 2022

Office Properties Income Trust, Annual General Meeting, Jun 16, 2022

Office Properties Income Trust to Report Q1, 2022 Results on Apr 28, 2022

An unknown buyer entered into an agreement to acquire Property located in Milwaukee, WI for $3.9 million.

Insufficient new directors

Third quarter 2021 earnings released: EPS US$0.077 (vs US$0.079 loss in 3Q 2020)

High number of new directors

High number of new directors

High number of new directors

Second quarter 2021 earnings released: FFO US$0.78 per share (vs US$1.39 in 2Q 2020)

High number of new directors

High number of new directors

Office Properties Income Trust (NasdaqGS:OPI) completed the acquisition of 1K Fulton Building from American Realty Advisors.

Office Properties Income Trust (NasdaqGS:OPI) agrred to acquire 1K Fulton Building from American Realty Advisors for approximately $360 million.

Office Properties Income Trust entered into an agreement to acquire a 49,000 Square Feet Property Adjacent to a Property in Boston for $27.0 million.

An unknown buyer entered into an agreement to acquire Property located in Huntsville, AL from Office Properties Income Trust (NasdaqGS:OPI) for $39 million.

Office Properties Income Trust(NasdaqGS:OPI) dropped from Russell 2000 Defensive Index

An unknown buyer acquired a Property in Richmond, VA from Office Properties Income Trust (NasdaqGS:OPI) for $130 million.

Office Properties Income Trust to Report Q4, 2020 Results on Feb 18, 2021

Office Properties Income Trust (NasdaqGS:OPI) acquired Class A net leased office building in Fort Mill, South Carolina for $35.1 million.

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Office Properties Income Trust (NasdaqGS:OPI) entered into an agreement to acquire Three Properties adjacent to office park in Brookhaven for $15.3 million.

Market pulls back on stock over the past week

Office Properties Income Trust Announces Board Changes

The RMR Group Inc. Announces 7,700 Square Feet of Renewal Leasing At 8900 Grand Oak Circle, Tampa, Florida

Office Properties Income Trust Appoints Christopher Bilotto as President and Chief Operating Officer Effective January 1, 2021

Office Properties Income Trust to Report Q3, 2020 Results on Oct 30, 2020