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Net Lease Office Properties NYSE:NLOP Stock Report

Last Price

US$30.98

Market Cap

US$458.0m

7D

-1.4%

1Y

97.2%

Updated

20 Nov, 2024

Data

Company Financials +

Net Lease Office Properties

NYSE:NLOP Stock Report

Market Cap: US$458.0m

NLOP Stock Overview

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. More details

NLOP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Net Lease Office Properties Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Net Lease Office Properties
Historical stock prices
Current Share PriceUS$30.98
52 Week HighUS$32.94
52 Week LowUS$15.33
Beta0
11 Month Change2.24%
3 Month Change4.77%
1 Year Change97.20%
33 Year Changen/a
5 Year Changen/a
Change since IPO59.69%

Recent News & Updates

Net Lease Office Properties: Top Value For Office Investors

Sep 12

Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run

Aug 29

Recent updates

Net Lease Office Properties: Top Value For Office Investors

Sep 12

Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run

Aug 29

Net Lease Office Properties: Debt Reduction Strategy Appears To Be Working, But Still A Sell

Jun 12

Net Lease Office Properties: This Office REIT Is A Steal

May 18

Net Lease Office Properties - Special Situation

May 09

Net Lease Office Properties: Liquidation Analysis

Apr 04

Net Lease Office Properties: Too Cheap To Ignore

Mar 19

Alluvial Capital - Net Lease Office Properties:  Significant Upside Potential Well Worth The Volatility

Feb 08

Net Lease Office Properties: A Crucial Milestone For This REIT

Jan 17

Net Lease Office Properties: The Ultimate Turnaround Spin-Off

Nov 16

Shareholder Returns

NLOPUS Office REITsUS Market
7D-1.4%-1.9%-1.2%
1Y97.2%45.7%30.4%

Return vs Industry: NLOP exceeded the US Office REITs industry which returned 45.7% over the past year.

Return vs Market: NLOP exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is NLOP's price volatile compared to industry and market?
NLOP volatility
NLOP Average Weekly Movement3.3%
Office REITs Industry Average Movement3.8%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: NLOP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2022n/aJason Foxwww.nloproperties.com/overview/default.aspx

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million.

Net Lease Office Properties Fundamentals Summary

How do Net Lease Office Properties's earnings and revenue compare to its market cap?
NLOP fundamental statistics
Market capUS$458.04m
Earnings (TTM)-US$197.76m
Revenue (TTM)US$160.91m

2.8x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NLOP income statement (TTM)
RevenueUS$160.91m
Cost of RevenueUS$0
Gross ProfitUS$160.91m
Other ExpensesUS$358.68m
Earnings-US$197.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-13.38
Gross Margin100.00%
Net Profit Margin-122.90%
Debt/Equity Ratio38.2%

How did NLOP perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

5%

Payout Ratio