OPI Stock Overview
OPI is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities.
Office Properties Income Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.13|
|52 Week High||US$31.69|
|52 Week Low||US$22.10|
|1 Month Change||-11.79%|
|3 Month Change||-12.95%|
|1 Year Change||0.65%|
|3 Year Change||-30.58%|
|5 Year Change||-70.51%|
|Change since IPO||-70.30%|
Recent News & Updates
Office Properties: The Risks Behind This 8.2% Yield
Office Properties Income Trust yields about 8.2%. The dividend is well covered from cash flows and the payout ratio remains modest. We take a look at what is happening underneath the surface and the risks you should know about before you buy in.
|OPI||US REITs||US Market|
Return vs Industry: OPI underperformed the US REITs industry which returned 25.8% over the past year.
Return vs Market: OPI underperformed the US Market which returned 17.8% over the past year.
|OPI Average Weekly Movement||3.9%|
|REITs Industry Average Movement||3.6%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: OPI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OPI's weekly volatility (4%) has been stable over the past year.
About the Company
OPI is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities. OPI is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.
Office Properties Income Trust Fundamentals Summary
|OPI fundamental statistics|
Is OPI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OPI income statement (TTM)|
|Cost of Revenue||US$93.29m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.55|
|Net Profit Margin||-4.65%|
How did OPI perform over the long term?See historical performance and comparison
9.5%Current Dividend Yield
Is Office Properties Income Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OPI ($23.13) is trading below our estimate of fair value ($27.74)
Significantly Below Fair Value: OPI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: OPI is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: OPI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OPI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OPI is good value based on its PB Ratio (0.7x) compared to the US REITs industry average (1.9x).
How is Office Properties Income Trust forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OPI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: OPI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OPI's is expected to become profitable in the next 3 years.
Revenue vs Market: OPI's revenue (1.8% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: OPI's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OPI is forecast to be unprofitable in 3 years.
How has Office Properties Income Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OPI is currently unprofitable.
Growing Profit Margin: OPI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OPI is unprofitable, and losses have increased over the past 5 years at a rate of 12.8% per year.
Accelerating Growth: Unable to compare OPI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OPI is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (27.7%).
Return on Equity
High ROE: OPI has a negative Return on Equity (-1.78%), as it is currently unprofitable.
How is Office Properties Income Trust's financial position?
Financial Position Analysis
Short Term Liabilities: OPI's short term assets ($225.4M) exceed its short term liabilities ($127.4M).
Long Term Liabilities: OPI's short term assets ($225.4M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: OPI's net debt to equity ratio (167.4%) is considered high.
Reducing Debt: OPI's debt to equity ratio has increased from 131.3% to 171.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable OPI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OPI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.4% per year.
What is Office Properties Income Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OPI's dividend (9.51%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: OPI's dividend (9.51%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: OPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: OPI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), OPI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OPI's dividends in 3 years are forecast to be well covered by earnings (42.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Office Properties Income Trust has no CEO, or we have no data on them.
Experienced Management: OPI's management team is considered experienced (3 years average tenure).
Experienced Board: OPI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Office Properties Income Trust's employee growth, exchange listings and data sources
- Name: Office Properties Income Trust
- Ticker: OPI
- Exchange: NasdaqGS
- Founded: NaN
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: US$1.149b
- Shares outstanding: 48.43m
- Website: https://www.opireit.com/home/default.aspx
- Office Properties Income Trust
- Two Newton Place
- Suite 300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 00:07|
|End of Day Share Price||2021/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.