Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
164.86M | 195.04M | 208.12M | 79.73M | 53.47M | Gross Profit |
99.71M | 133.75M | 146.60M | 66.32M | 47.70M | EBIT |
-69.29M | 6.43M | -977.00K | 18.51M | 19.70M | EBITDA |
30.70M | 115.54M | 130.69M | 62.49M | 44.85M | Net Income Common Stockholders |
-103.01M | -57.30M | -97.47M | -44.67M | -4.83M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
15.60M | 22.47M | 20.64M | 29.32M | 0.00 | Total Assets |
1.34B | 1.42B | 1.57B | 1.76B | 546.43M | Total Debt |
510.82M | 476.93M | 540.05M | 637.46M | 37.05M | Net Debt |
495.22M | 454.46M | 519.41M | 608.14M | 37.05M | Total Liabilities |
571.17M | 536.93M | 595.22M | 671.19M | 49.31M | Stockholders Equity |
763.92M | 885.62M | 974.47M | 1.09B | 497.12M |
Cash Flow | Free Cash Flow | |||
54.26M | 70.65M | 102.61M | 46.19M | 41.86M | Operating Cash Flow |
54.26M | 89.09M | 114.23M | 56.11M | 42.33M | Investing Cash Flow |
-51.26M | 5.29M | 22.48M | -12.26M | -464.00K | Financing Cash Flow |
-3.02M | -92.49M | -110.72M | -18.44M | -41.67M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
59 Neutral | $2.72B | 11.51 | 0.06% | 8679.44% | 5.30% | -16.91% | |
55 Neutral | $201.39M | ― | -2.35% | 8.02% | -4.45% | -147.11% | |
52 Neutral | $829.80M | ― | -4.78% | 7.50% | -5.58% | -63.09% | |
51 Neutral | $159.49M | ― | -7.70% | 2.60% | -19.86% | -9.50% | |
50 Neutral | $96.05M | ― | -12.49% | 18.71% | -15.46% | -81.31% | |
46 Neutral | $23.16M | ― | -11.33% | 12.06% | -5.92% | -54.08% | |
41 Neutral | $30.37M | ― | -90.59% | ― | -1.36% | -19.10% |
On April 10, 2025, Orion Properties Inc. announced significant leasing and property sales achievements for the year to date. The company completed 425,000 square feet of leasing, including a notable 15.7-year lease in New Jersey, and sold three vacant properties for $19.1 million. Orion maintains strong liquidity with $243.9 million available and continues to focus on shifting its portfolio towards more dedicated use assets such as flex and laboratory spaces. This strategic initiative aims to enhance the company’s market position and attract more stable, long-term tenants.
Spark’s Take on ONL Stock
According to Spark, TipRanks’ AI Analyst, ONL is a Neutral.
Orion Office REIT’s overall stock score is primarily influenced by its financial and technical challenges, despite some operational improvements. Declining revenues, negative profitability, and bearish technical indicators weigh heavily on the score. While strategic shifts and rebranding efforts show potential, they are overshadowed by ongoing financial pressures. The high dividend yield is a positive aspect, but its sustainability is questionable given the current financial state.
To see Spark’s full report on ONL stock, click here.
On March 5, 2025, Orion Office REIT Inc. announced a corporate name change to Orion Properties Inc. to better reflect its strategic shift towards dedicated use assets with an office component. The company reported its financial results for the fourth quarter and full year 2024, highlighting significant leasing activity and a strategic acquisition of a flex/laboratory/R&D facility. Despite a net loss for the year, Orion is focused on stabilizing its portfolio and achieving future earnings growth through asset sales, cost reductions, and a realigned dividend.