Orion Office REIT Approves Equity Plan Amendment

Orion Office REIT ( (ONL) ) has provided an announcement.

On May 14, 2025, Orion Properties Inc., a real estate investment trust, held its Annual Meeting where stockholders approved an amendment to the 2021 Equity Incentive Plan, increasing the number of shares issuable from 3,700,000 to 8,300,000. Additionally, stockholders elected five directors and ratified KPMG as the independent registered public accounting firm for the fiscal year ending December 31, 2025, reflecting strong shareholder support for the company’s strategic decisions.

Spark’s Take on ONL Stock

According to Spark, TipRanks’ AI Analyst, ONL is a Neutral.

Orion Office REIT’s overall stock score reflects a challenging financial environment characterized by declining revenues and operational inefficiencies. The company’s strategic shifts and strong leasing activities are promising but are overshadowed by ongoing profitability issues and bearish technical indicators. The high dividend yield is a positive, but concerns about its sustainability persist given the current financial state.

To see Spark’s full report on ONL stock, click here.

More about Orion Office REIT

Average Trading Volume: 701,639

Technical Sentiment Signal: Sell

Current Market Cap: $119.7M

Learn more about ONL stock on TipRanks’ Stock Analysis page.