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Orion Office REIT (ONL)
NYSE:ONL
ONL Stock Chart & Stats
$2.46
-$0.02(-0.51%)
At close: 4:00 PM EST
$2.46
-$0.02(-0.51%)
Day’s Range― - ―
52-Week Range$1.46 - $4.07
Previous CloseN/A
Volume123.50K
Average Volume (3M)283.29K
Market Cap
$138.53M
Enterprise Value$609.72M
Total Cash (Recent Filing)$32.64M
Total Debt (Recent Filing)$500.73M
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Mar 05, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend Yield7.34%
Share Statistics
EPS (TTM)-1.23
Shares Outstanding56,314,632
10 Day Avg. Volume183,753
30 Day Avg. Volume283,287
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.27
Price to Sales (P/S)1.26
P/FCF Ratio6.55
Enterprise Value/Market Cap4.40
Enterprise Value/Revenue4.04
Enterprise Value/Gross Profit7.22
Enterprise Value/Ebitda-15.09
Forecast
1Y Price Target
$3.00Price Target Upside21.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)$138.50M
Bulls Say, Bears Say
Bulls Say
Recurring Rental Revenue ModelOrion’s core business derives from multi‑year lease contracts and expense recoveries, creating predictable, recurring cash flows that support operating income and dividends. That rental income base provides durable revenue visibility versus transactional businesses, stabilizing cash generation over time.
Improving Leasing Activity And Longer WALTSubstantial leasing (919k sqft YTD) and a near‑doubling of WALT materially reduce near‑term rollover risk and smooth future cash flows. Longer average lease terms plus positive rent spreads improve revenue predictability and lower vacancy re‑lease exposure, aiding mid‑term portfolio stability and underwriting.
Strong Liquidity And Credit CapacityLarge liquidity and available revolver capacity provide flexibility to fund leasing CapEx, cover operating shortfalls, and manage maturities without immediate asset sales. This reduces short‑term refinancing risk and gives management optionality to execute stabilization or strategic transactions over the next several quarters.
Bears Say
High Leverage And Debt IntensityMaterial debt levels increase interest and refinancing risk, especially given office sector uncertainty. High leverage constrains financial flexibility, raises carrying costs, and amplifies downside if occupancy or rents weaken, making capital structure a persistent vulnerability for sustaining earnings and distributions.
Declining Occupancy And Revenue PressuresSequential revenue and core FFO declines alongside sub‑75% occupancy indicate ongoing leasing drag. Lower occupancy reduces contractual cash receipts and increases lease‑up costs; if sustained, it will pressure FFO, reduce free cash flow available for reinvestment, and limit dividend support over the medium term.
Rising CapEx And Leasing Expense BurdenA marked increase in capital and leasing spend compresses free cash flow and inflates the cost to stabilize vacancies. Persistently higher CapEx to reposition older office assets can erode margins and prolong the payback period on leasing, weakening the sustainability of cash generation until occupancy and rents recover.
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 $4.07 in the past 12 months.
What is Orion Office REIT’s market cap?
Orion Office REIT’s market cap is $138.53M.
When is Orion Office REIT’s upcoming earnings report date?
Orion Office REIT’s upcoming earnings report date is Mar 05, 2026 which is today.
How were Orion Office REIT’s earnings last quarter?
Orion Office REIT released its earnings results on Nov 06, 2025. The company reported -$1.23 earnings per share for the quarter, missing the consensus estimate of N/A by -$1.23.
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 -0.13.
How many shares outstanding does Orion Office REIT have?
Orion Office REIT has 56,314,632 shares outstanding.
What happened to Orion Office REIT’s price movement after its last earnings report?
Orion Office REIT reported an EPS of -$1.23 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.122%.
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
1
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5
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7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.00 (21.95% Upside)
$3.00 (21.95% Upside)
Blogger Sentiment
Neutral
ONL Sentiment 50%
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 ▼ 1.0%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-38.56%
12-Months-Change
Fundamentals
Return on Equity
-18.67%
Trailing 12-Months
Asset Growth
-10.67%
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
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced sentiment with notable achievements in leasing activity and improved financial guidance but also faced challenges with declining revenues, decreased property occupancy, and increased CapEx costs.View all ONL earnings summariesONL Stock 12 Month Forecast
Average Price Target
$3.00
▲(21.95% Upside)
Technical Analysis
Ownership Overview
3.52% Insiders
6.36% Mutual Funds
30.98% Other Institutional Investors
52.77% Public Companies and
Individual Investors