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Net Lease Office Properties (NLOP)
NYSE:NLOP
US Market

Net Lease Office Properties (NLOP) Price & Analysis

126 Followers

NLOP Stock Chart & Stats

$29.74
-$0.45(-1.53%)
At close: 4:00 PM EST
$29.74
-$0.45(-1.53%)

Bulls Say, Bears Say

Bulls Say
Debt ReductionThe reduced debt structure gives NLOP the ability to naturally generate funds from operation that could be used to reduce the mezzanine balance to zero.
DividendsNet Lease Office Properties confirmed it is back to issuing cash dividends with the release of second quarter results.
Bears Say
Earnings VolatilityThe pace of sales could become lumpy as cash generation and positive earnings could become more vital to creating shareholder value after a year of taking impairment charges and facing high interest expense.

Net Lease Office Properties News

NLOP FAQ

What was Net Lease Office Properties’s price range in the past 12 months?
Net Lease Office Properties lowest stock price was $11.08 and its highest was $34.53 in the past 12 months.
    What is Net Lease Office Properties’s market cap?
    Net Lease Office Properties’s market cap is $164.58M.
      When is Net Lease Office Properties’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Net Lease Office Properties’s earnings last quarter?
      Currently, no data Available
      Is Net Lease Office Properties overvalued?
      According to Wall Street analysts Net Lease Office Properties’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Net Lease Office Properties pay dividends?
        Net Lease Office Properties pays a Notavailable dividend of $3.3 which represents an annual dividend yield of N/A. See more information on Net Lease Office Properties dividends here
          What is Net Lease Office Properties’s EPS estimate?
          Net Lease Office Properties’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Net Lease Office Properties have?
          Net Lease Office Properties has 14,814,075 shares outstanding.
            What happened to Net Lease Office Properties’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Net Lease Office Properties?
            Currently, no hedge funds are holding shares in NLOP
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Net Lease Office Properties

              Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
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              Ownership Overview

              0.09%15.86%10.01%63.12%
              10.01% Other Institutional Investors
              63.12% Public Companies and
              Individual Investors
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