Office Properties Income Trust (Nasdaq:OPIN.L) - Stock Price, News & Analysis

OPIN.L 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. More details

OPIN.L fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 72.3% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 61.3% per year for the next 3 years

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap ($96M)

+ 1 more risk

Office Properties Income Trust Competitors

KBS Real Estate Investment Trust III

OTCPK:KBSR

US$102.1m

City Office REIT

NYSE:CIO

US$226.1m

Franklin Street Properties

NYSEAM:FSP

US$200.9m

Creative Media & Community Trust

NasdaqGM:CMCT

US$20.9m

Price History & Performance

Summary of all time highs, changes and price drops for Office Properties Income Trust
Historical stock prices
Current Share Price	US$12.45
52 Week High	US$14.90
52 Week Low	US$9.62
Beta	1.14
11 Month Change	-12.63%
3 Month Change	-0.95%
1 Year Change	-2.35%
33 Year Change	-53.37%
5 Year Change	n/a
Change since IPO	-49.90%

Recent updates

Shareholder Returns

	OPIN.L	US Office REITs	US Market
7D	13.0%	4.6%	1.6%
1Y	-2.4%	43.9%	32.3%

Return vs Industry: OPIN.L underperformed the US Office REITs industry which returned 46.2% over the past year.

Return vs Market: OPIN.L underperformed the US Market which returned 32.4% over the past year.

Price Volatility

Is OPIN.L's price volatile compared to industry and market?
OPIN.L volatility
OPIN.L Average Weekly Movement	7.2%
Office REITs Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

Stable Share Price: OPIN.L has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OPIN.L's weekly volatility (7%) has been stable 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 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, D.C.

Office Properties Income Trust Fundamentals Summary

How do Office Properties Income Trust's earnings and revenue compare to its market cap?
OPIN.L fundamental statistics
Market cap	US$95.94m
Earnings (TTM)	-US$24.72m
Revenue (TTM)	US$517.51m

0.2x

P/S Ratio

-3.5x

P/E Ratio

Is OPIN.L overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPIN.L income statement (TTM)
Revenue	US$517.51m
Cost of Revenue	US$92.80m
Gross Profit	US$424.71m
Other Expenses	US$449.44m
Earnings	-US$24.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.44
Gross Margin	82.07%
Net Profit Margin	-4.78%
Debt/Equity Ratio	181.6%

How did OPIN.L perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

4%

Payout Ratio

Does OPIN.L pay a reliable dividends?

See OPIN.L dividend history and benchmarks

When do you need to buy OPIN.L by to receive an upcoming dividend?
Office Properties Income Trust dividend dates
Ex Dividend Date	Nov 15 2024
Dividend Pay Date	Dec 01 2024
Days until Ex dividend	13 days
Days until Dividend pay date	3 days

Does OPIN.L pay a reliable dividends?

See OPIN.L dividend history and benchmarks

OPIN.L Stock Overview

Rewards

Risk Analysis

Office Properties Income Trust Competitors

OTCPK:KBSR

US$102.1m

NYSE:CIO

US$226.1m

NYSEAM:FSP

US$200.9m

NasdaqGM:CMCT

US$20.9m

Price History & Performance

Recent News & Updates

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About November 14, 2024

Office Properties Income Trust to Report Q3, 2024 Results on Oct 30, 2024

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About August 15, 2024

Office Properties Income Trust to Report Q2, 2024 Results on Jul 31, 2024

Office Properties Income Trust(NasdaqGS:OPI) dropped from Russell 3000 Index

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

Recent updates

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About November 14, 2024

Office Properties Income Trust to Report Q3, 2024 Results on Oct 30, 2024

Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About August 15, 2024

Office Properties Income Trust to Report Q2, 2024 Results on Jul 31, 2024

Office Properties Income Trust(NasdaqGS:OPI) dropped from Russell 3000 Index

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

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.

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

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

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

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.

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.

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

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

An unknown buyer entered an agreement to acquire a four property business park located in Fairfax from Office Properties Income Trust (NasdaqGS:OPI) for $25.4 million.

Office Properties Income Trust (NasdaqGS:OPI) entered into an agreement to acquire office property located in Denver for $38.1 million.

Office Properties Income Trust (NasdaqGS:OPI) acquired the property adjacent to a property in Boston for $11.5 million.