Orion Office REIT (ONL)
NYSE:ONL
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ONL Stock Chart & Stats
$2.51
-$0.02(-0.51%)
At close: 4:00 PM EST
$2.51
-$0.02(-0.51%)
Day’s Range― - ―
52-Week Range$1.63 - $3.05
Previous CloseN/A
Volume123.50K
Average Volume (3M)339.81K
Market Cap
$163.10M
Enterprise Value$623.15M
Total Cash (Recent Filing)$22.36M
Total Debt (Recent Filing)$482.41M
Price to Earnings (P/E)―
Beta1.41
Next Earnings
May 07, 2026EPS Estimate
-0.12Next Dividend Ex-DateN/A
Dividend Yield7.34%
Share Statistics
EPS (TTM)-2.49
Shares Outstanding56,830,067
10 Day Avg. Volume296,470
30 Day Avg. Volume339,810
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 Cap3.82
Enterprise Value/Revenue4.22
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda-12.71
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.49
Revenue Forecast (FY)$138.50M
Bulls Say, Bears Say
Bulls Say
Improved Liquidity & MaturitiesExtending CMBS maturities and securing a lower‑spread $215M revolver materially reduces near‑term refinancing risk and preserves multi‑year liquidity. This durable funding base supports planned leasing, capex and disposition pacing, lowering structural refinance pressure and interest expense volatility.
Longer Lease Terms & Leasing MomentumHigh-volume leasing in 2025 with very long WALT on new deals materially extends secured cash flows. Multi‑year lease durations increase revenue visibility, reduce rollover risk, and provide a stable base to convert leasing momentum into sustained occupancy and recurring rental income over multiple years.
Capital Recycling & Portfolio Quality ShiftMaterial dispositions generating roughly $130M reduce vacant carry and free up capital. Recycling proceeds into higher‑quality Dedicated Use Assets (DUAs) increases contracted cash yield and lowers portfolio volatility, supporting longer‑term FFO sustainability and lower carrying costs.
Bears Say
Declining Revenue & EBITDASustained revenue contraction and meaningful EBITDA decline indicate weakening core cash generation and operating leverage. Over time, falling top‑line and negative operating trends impair the REIT's ability to fund capex, service leverage, and restore dividend capacity absent durable demand or margin improvement.
Elevated Leverage RatiosNet debt/EBITDA near 6.8x is structurally high for an office REIT, limiting balance sheet flexibility. Elevated leverage constrains ability to invest, raises covenant and refinancing sensitivity, and amplifies downside risk if leasing or disposition proceeds underperform, pressuring long‑term capital allocation.
JV Impairment & Partner RiskA full write‑down of the JV carrying value and loan loss reserve signals realized partner capital shortfalls and removes expected JV cash flows. This creates material uncertainty around asset recoveries, future income contribution, and the reliability of previously assumed disposition/prepayment proceeds.
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 $1.63 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 $163.10M.
When is Orion Office REIT’s upcoming earnings report date?
Orion Office REIT’s upcoming earnings report date is May 07, 2026 which is tomorrow.
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 Overvalued.
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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Blogger Sentiment
Neutral
ONL Sentiment 100%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
60.69%
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 summariesTechnical Analysis
Ownership Overview
4.25% Insiders
5.92% Mutual Funds
0.59% Other Institutional Investors
83.78% Public Companies and
Individual Investors