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
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Net Lease Office Properties Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$30.69 |
| 52 Week High | US$33.06 |
| 52 Week Low | US$16.10 |
| Beta | 0 |
| 1 Month Change | -0.94% |
| 3 Month Change | 1.35% |
| 1 Year Change | 83.77% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 58.20% |
Recent News & Updates
Net Lease Office Properties: Potential To Revalue To Book Value
Dec 18Net Lease Office Properties: Valuation Remains Attractive After Recent Rally
Nov 27Net Lease Office Properties: Top Value For Office Investors
Sep 12Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run
Aug 29Recent updates
Net Lease Office Properties: Potential To Revalue To Book Value
Dec 18Net Lease Office Properties: Valuation Remains Attractive After Recent Rally
Nov 27Net Lease Office Properties: Top Value For Office Investors
Sep 12Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run
Aug 29Net Lease Office Properties: Debt Reduction Strategy Appears To Be Working, But Still A Sell
Jun 12Net Lease Office Properties: This Office REIT Is A Steal
May 18Net Lease Office Properties - Special Situation
May 09Net Lease Office Properties: Liquidation Analysis
Apr 04Net Lease Office Properties: Too Cheap To Ignore
Mar 19Alluvial Capital - Net Lease Office Properties: Significant Upside Potential Well Worth The Volatility
Feb 08Net Lease Office Properties: A Crucial Milestone For This REIT
Jan 17Net Lease Office Properties: The Ultimate Turnaround Spin-Off
Nov 16Shareholder Returns
| NLOP | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -4.5% | -7.3% | -3.5% |
| 1Y | 83.8% | 4.1% | 22.1% |
Return vs Industry: NLOP exceeded the US Office REITs industry which returned 5.7% over the past year.
Return vs Market: NLOP exceeded the US Market which returned 24% over the past year.
Price Volatility
| NLOP volatility | |
|---|---|
| NLOP Average Weekly Movement | 3.4% |
| Office REITs Industry Average Movement | 4.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2022 | n/a | Jason Fox | www.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
| NLOP fundamental statistics | |
|---|---|
| Market cap | US$460.85m |
| Earnings (TTM) | -US$197.76m |
| Revenue (TTM) | US$160.91m |
2.8x
P/S Ratio-2.3x
P/E RatioIs NLOP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NLOP income statement (TTM) | |
|---|---|
| Revenue | US$160.91m |
| Cost of Revenue | US$0 |
| Gross Profit | US$160.91m |
| Other Expenses | US$358.68m |
| Earnings | -US$197.76m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -13.38 |
| Gross Margin | 100.00% |
| Net Profit Margin | -122.90% |
| Debt/Equity Ratio | 38.2% |
How did NLOP perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield5%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:07 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Net Lease Office Properties is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hamed Khorsand | BWS Financial Inc. |