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ONL Stock Chart & Stats
$2.60
$0.02(0.78%)
At close: 4:00 PM EDT
$2.60
$0.02(0.78%)
Day’s Range― - ―
52-Week Range$1.89 - $3.05
Previous Close$2.6
Volume124.48K
Average Volume (3M)469.83K
Market Cap
$160.87M
Enterprise Value$556.91
Total Cash (Recent Filing)$16.87M
Total Debt (Recent Filing)$451.23M
Price to Earnings (P/E)―
Beta1.44
Next Earnings
Nov 05, 2026EPS Estimate
-0.08Next Dividend Ex-DateN/A
Dividend Yield2.91%
Share Statistics
EPS (TTM)-1.68
Shares Outstanding57,044,716
10 Day Avg. Volume190,408
30 Day Avg. Volume469,833
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.46
Revenue Forecast (FY)$139.58M
Bulls Say, Bears Say
Bulls Say
Improved Leverage & LiquidityOrion's reported net-debt/EBITDA of 5.4x, $177M liquidity and lower outstanding debt materially reduce solvency risk. Durable deleveraging improves financial flexibility to fund required CapEx, absorb leasing timing gaps, and lower interest burden, supporting steadier operations over coming months.
Leasing Velocity & Longer WALTStrong leasing activity (673k sqft YTD) and a WALT increase to 6.2 years extend revenue visibility and reduce near-term rollover risk in a single-tenant, net-leased portfolio. Longer lease term durability lessens renewal frequency and provides more stable contractual cash flow over the medium term.
Active Dispositions & MonetizationConsistent asset sales ($84M H1 proceeds; 39 properties sold since spin) are being used to crystallize value, cut carrying costs, and improve liquidity. This monetization strategy supports sustained deleveraging and funds necessary refurbishments without relying solely on operating improvement.
Bears Say
Declining Revenue & LossesRevenue contraction from $208M to ~$143M TTM and deeply negative operating/net margins (~-65%) indicate the core leasing business is not covering costs. Persistent top-line decline and structural negative margins impair FFO conversion and damage prospects for sustainable profitability absent secular demand recovery or structural repositioning.
Weak Free Cash FlowFree cash flow swung negative (-$28M in 2025; -$71.6M TTM) while operating cash flow has sharply declined. Negative FCF constrains the company's ability to fund tenant improvements, dividends, and debt reduction organically, increasing reliance on asset sales or capital markets to support operations and strategic plans.
Reliance On One‑Time Gains & Renewal PressureQ2 GAAP net income was boosted by a $28.8M nonrecurring sale gain while renewal rent spreads were down 7.7%. Dependence on transaction gains and ongoing renewal weakness risks earnings and cash-flow sustainability, making dividends and deleveraging contingent on continued asset sales or structural rent recovery.
Orion Office REIT News
ONL FAQ
What was Orion Office Reit, Inc.’s price range in the past 12 months?
Orion Office Reit, Inc. lowest stock price was $1.89 and its highest was $3.05 in the past 12 months.
What is Orion Office Reit, Inc.’s market cap?
Orion Office Reit, Inc.’s market cap is $160.87M.
When is Orion Office Reit, Inc.’s upcoming earnings report date?
Orion Office Reit, Inc.’s upcoming earnings report date is Nov 05, 2026 which is in 86 days.
How were Orion Office Reit, Inc.’s earnings last quarter?
Orion Office Reit, Inc. released its earnings results on Aug 06, 2026. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of -$0.07 by $0.49.
Is Orion Office Reit, Inc. overvalued?
According to Wall Street analysts Orion Office Reit, Inc.’s price is currently Overvalued.
Does Orion Office Reit, Inc. pay dividends?
Orion Office Reit, Inc. pays a Quarterly dividend of $0.02 which represents an annual dividend yield of 2.91%. See more information on Orion Office Reit, Inc. dividends here
What is Orion Office Reit, Inc.’s EPS estimate?
Orion Office Reit, Inc.’s EPS estimate is -0.08.
How many shares outstanding does Orion Office Reit, Inc. have?
Orion Office Reit, Inc. has 57,044,716 shares outstanding.
What happened to Orion Office Reit, Inc.’s price movement after its last earnings report?
Orion Office Reit, Inc. reported an EPS of $0.42 in its last earnings report, beating expectations of -$0.07. Following the earnings report the stock price went up 8.462%.
Which hedge fund is a major shareholder of Orion Office Reit, Inc.?
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 ―
Sector Average ―
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.00%
12-Months-Change
Fundamentals
Return on Equity
2.91%
Trailing 12-Months
Asset Growth
-11.50%
Trailing 12-Months
Company Description
Orion Office Reit, Inc.
Orion Properties Inc. is an investment firm concentrating its expertise on acquiring, owning, and managing a varied collection of essential corporate headquarters and vital office properties situated in premier suburban markets nationwide. This portfolio is predominantly secured by single-tenant net leases with financially robust tenants. The company's seasoned leadership team employs a rigorous, market-tested investment framework that directs their strategic capital deployment across both their existing holdings and prospective acquisitions.
ONL Company Deck
ONL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear operational progress: meaningful leasing velocity, extended WALT, disciplined dispositions that generated substantial proceeds, measurable expense and interest cost savings, improved liquidity and leverage metrics, and a modest upward revision to core FFO guidance. Offsetting these positives were declining GAAP revenues and slightly lower adjusted EBITDA, renewal rent pressure (Q2 renewals down 7.7%), quarter-to-quarter occupancy volatility, continued reliance on one-time sale gains to boost net income, and near-term CapEx variability. On balance the company appears to be making steady, tangible progress toward portfolio stabilization and deleveraging, but some core operating metrics remain under near-term pressure.View all ONL earnings summariesTechnical Analysis
Franklin Street Properties
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Piedmont Office
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Brandywine Realty
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Office Properties Income Trust
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Ownership Overview
4.25% Insiders
6.10% Mutual Funds
10.08% Other Institutional Investors
69.58% Public Companies and
Individual Investors