Orion Office REIT (ONL)
NYSE:ONL
ONL Stock Chart & Stats
$2.52
-$0.02(-0.51%)
At close: 4:00 PM EST
$2.52
-$0.02(-0.51%)
Day’s Range― - ―
52-Week Range$1.46 - $3.05
Previous CloseN/A
Volume123.50K
Average Volume (3M)333.94K
Market Cap
$136.39M
Enterprise Value$603.26M
Total Cash (Recent Filing)$22.36M
Total Debt (Recent Filing)$482.41M
Price to Earnings (P/E)―
Beta1.34
Next Earnings
May 07, 2026EPS Estimate
-0.12Next Dividend Ex-DateN/A
Dividend Yield7.34%
Share Statistics
EPS (TTM)-0.64
Shares Outstanding56,830,067
10 Day Avg. Volume335,662
30 Day Avg. Volume333,942
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.20
Price to Sales (P/S)0.86
P/FCF Ratio-4.52
Enterprise Value/Market Cap4.42
Enterprise Value/Revenue4.09
Enterprise Value/Gross Profit7.28
Enterprise Value/Ebitda-12.31
Forecast
1Y Price Target
$3.00Price Target Upside19.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.49
Revenue Forecast (FY)$138.50M
Bulls Say, Bears Say
Bulls Say
Strong Leasing Activity And Longer Lease TermsSustained leasing volume combined with much longer weighted-average lease terms materially reduces rollover risk and stabilizes rental cash flows. Multi-year leases give predictable revenue, support FFO recovery as re-leasing risk declines, and improve visibility on occupancy and income over the next 2–6 months.
Refinancings Extended Maturities And Improved LiquidityExtending CMBS maturities and adding a lower-margin secured revolver materially reduces near-term refinancing pressure and interest-rate risk. Greater liquidity and a longer maturity runway give management time to execute leasing and dispositions, making balance-sheet repair and operational fixes more durable.
Material Dispositions And Capital RecyclingProceeds from targeted disposals both reduce carrying costs and supply capital for leasing and selective acquisitions. A ~$130M recycling program lowers vacant carrying costs and funds CapEx to stabilize income, improving cash generation and portfolio quality over the medium term.
Bears Say
Revenue Contraction And Negative EBITDAMeaningful revenue and EBITDA declines signal underlying demand weakness and margin pressure in the office portfolio. Negative operating profitability reduces internal cash generation, limits ability to self-fund leasing and CapEx, and increases reliance on dispositions or external financing over coming quarters.
Sustained Elevated Leverage (net Debt/EBITDA)High net leverage leaves limited margin for earnings volatility and exposes the company to covenant and refinancing constraints. Persistent 6.5x+ leverage restricts capital allocation, raises interest cost sensitivity, and makes balance-sheet repair dependent on successful dispositions and sustained FFO improvement.
JV Impairment And Partner Capital ConstraintsThe JV write-down and partner funding issues remove a source of earnings and create ongoing uncertainty. Loss of expected JV cash flows and asset recoveries forces Orion to absorb downside or provide support, impairing predictability of FFO and potentially necessitating additional capital actions in the medium term.
Orion Office REIT News
ONL FAQ
What was Orion Office REIT’s price range in the past 12 months?
Orion Office REIT lowest stock price was $1.46 and its highest was $3.05 in the past 12 months.
What is Orion Office REIT’s market cap?
Orion Office REIT’s market cap is $136.39M.
When is Orion Office REIT’s upcoming earnings report date?
Orion Office REIT’s upcoming earnings report date is May 07, 2026 which is in 21 days.
How were Orion Office REIT’s earnings last quarter?
Orion Office REIT released its earnings results on Mar 05, 2026. The company reported -$0.64 earnings per share for the quarter, missing the consensus estimate of -$0.13 by -$0.51.
Is Orion Office REIT overvalued?
According to Wall Street analysts Orion Office REIT’s price is currently Undervalued.
Does Orion Office REIT pay dividends?
Orion Office REIT pays a Quarterly dividend of $0.02 which represents an annual dividend yield of 7.34%. See more information on Orion Office REIT dividends here
What is Orion Office REIT’s EPS estimate?
Orion Office REIT’s EPS estimate is -0.12.
How many shares outstanding does Orion Office REIT have?
Orion Office REIT has 56,830,067 shares outstanding.
What happened to Orion Office REIT’s price movement after its last earnings report?
Orion Office REIT reported an EPS of -$0.64 in its last earnings report, missing expectations of -$0.13. Following the earnings report the stock price went down -3.922%.
Which hedge fund is a major shareholder of Orion Office REIT?
Currently, no hedge funds are holding shares in ONL
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
Orion Office REIT Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.00 (19.05% Upside)
$3.00 (19.05% Upside)
Blogger Sentiment
Bullish
ONL Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $4.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
54.53%
12-Months-Change
Fundamentals
Return on Equity
-20.16%
Trailing 12-Months
Asset Growth
-12.42%
Trailing 12-Months
Company Description
Orion Office REIT
Orion Properties Inc. 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.
ONL Company Deck
ONL Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted meaningful operational progress — notably large leasing volumes, longer WALT on new leases, improved leased rates and occupancy, substantial disposition proceeds and liquidity improvements, and a targeted shift toward higher-quality dedicated use assets. Offsetting these positives were material year-over-year declines in revenue, core FFO and adjusted EBITDA, a sharp increase in CapEx as leasing is executed, sustained high leverage ratios, and a significant impairment/uncertainty related to a joint venture. Management presented a credible path to stabilization and core FFO growth in 2026, but near-term financial headwinds and JV risk temper the outlook.View all ONL earnings summariesONL Stock 12 Month Forecast
Average Price Target
$3.00
▲(19.05% Upside)
Technical Analysis
Ownership Overview
4.28% Insiders
6.02% Mutual Funds
30.91% Other Institutional Investors
52.42% Public Companies and
Individual Investors