ONL Stock Overview
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Orion Office REIT Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.76 |
| 52 Week High | US$6.17 |
| 52 Week Low | US$3.01 |
| Beta | 1.06 |
| 1 Month Change | -3.84% |
| 3 Month Change | -7.62% |
| 1 Year Change | -37.85% |
| 3 Year Change | -79.85% |
| 5 Year Change | n/a |
| Change since IPO | -84.96% |
Recent News & Updates
Realty Income's Not The Blue Chip You Deserve, But The One You Need Right Now
Dec 17Realty Income: What Could Turn The Tide?
Dec 05I Am Bottom Fishing: 10% Yield From Orion Office REIT
Nov 21Recent updates
Realty Income's Not The Blue Chip You Deserve, But The One You Need Right Now
Dec 17Realty Income: What Could Turn The Tide?
Dec 05I Am Bottom Fishing: 10% Yield From Orion Office REIT
Nov 21Orion Office: An Ugly Ducking Or SWAN-A-Bee?
Oct 15Orion Office REIT: 3 Reasons We Are Moving To A Strong Sell
Oct 08Orion Office REIT: Evaluating Risks, Dividends, And Valuation In A Declining Market
Aug 21Orion Office REIT: Don't Get Sucked In
Jun 20Orion Office REIT: 75% Discount To NAV, What You Are Missing
Jun 13Orion Office REIT: The Downturn Continues
Feb 28Realty Income: My Favorite High-Yield REIT In The Market Today
Jan 11Spirit Realty Capital: Time To Exit Realty Income (Rating Downgrades)
Jan 04Orion: 3 Reasons There Could Be Material Downside In 2024
Dec 26Orion Office REIT: A Speculative Buy Once The Selling Pressure Subsides
Oct 16Orion Office REIT: An Upgrade Is Warranted
Aug 12Orion Office REIT: Suggestivist Speaks
May 29Orion Office Is Dirt Cheap With Upside Potential
Jan 10Orion Office REIT FFO of $0.42, revenue of $51.8M
Nov 03Orion Office REIT goes ex-dividend tomorrow
Sep 28Orion Office: The Good, The Bad, And The Ugly
Aug 10Orion Office REIT Q2 2022 Earnings Preview
Aug 02Orion Office REIT: No Win For This REIT Spin (Yet)
Jul 25Orion Office: Blood In The Constellation
Jun 27Why Orion Office Is Still A Horrible Idea
May 24Orion And Office Properties: Why Both Deserve Low Multiples
May 03Orion Office REIT: Built To Thrive In Inflation, Expect Double Digit Returns
Apr 22Orion Office REIT: Get Out While You Still Can
Apr 07A Future Blue-Chip With A Fat Yield Up To +8%: Orion Office
Mar 23Orion Office: High Yield Potential At A Bargain
Feb 22Realty Income Finally Dips
Jan 28Orion Office REIT: Don't Get Caught Holding The Bag
Jan 04Orion Office REIT: Well Below Its Fair Value
Dec 25Realty Income: Reviewing Our Top 2021 REIT Investment
Dec 04Orion Office: If You Have Missed The Initial Sell-Off, Hold
Nov 19Shareholder Returns
| ONL | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -6.5% | -6.3% | -4.0% |
| 1Y | -37.9% | 5.7% | 24.0% |
Return vs Industry: ONL underperformed the US Office REITs industry which returned 5.7% over the past year.
Return vs Market: ONL underperformed the US Market which returned 24% over the past year.
Price Volatility
| ONL volatility | |
|---|---|
| ONL Average Weekly Movement | 5.2% |
| Office REITs Industry Average Movement | 4.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ONL has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ONL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | 38 | Paul McDowell | www.onlreit.com |
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company’s team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.
Orion Office REIT Inc. Fundamentals Summary
| ONL fundamental statistics | |
|---|---|
| Market cap | US$210.36m |
| Earnings (TTM) | -US$86.42m |
| Revenue (TTM) | US$169.64m |
1.2x
P/S Ratio-2.4x
P/E RatioIs ONL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ONL income statement (TTM) | |
|---|---|
| Revenue | US$169.64m |
| Cost of Revenue | US$63.38m |
| Gross Profit | US$106.27m |
| Other Expenses | US$192.69m |
| Earnings | -US$86.42m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.54 |
| Gross Margin | 62.64% |
| Net Profit Margin | -50.94% |
| Debt/Equity Ratio | 60.3% |
How did ONL perform over the long term?
See historical performance and comparisonDividends
10.6%
Current Dividend Yield40%
Payout RatioDoes ONL pay a reliable dividends?
See ONL dividend history and benchmarks| Orion Office REIT dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 26 days |
Does ONL pay a reliable dividends?
See ONL dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:36 |
| 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
Orion Office REIT Inc. is covered by 2 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 |
|---|---|
| Gaurav Mehta | D. Boral Capital LLC. |
| Mitchell Germain | JMP Securities |