Office Properties Income (OPI) AI Stock Analysis

• Market Cap: $19.00M
• Dividend Yield: 14.92%
• Average Volume (3M): 1.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: -11.91%
• EPS Growth: -80.43%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 57
• Industry: REIT - Office
• EPS (TTM): -0.59
• Shares Outstanding: 70,894,950
• 10 Day Avg. Volume: 715,739
• 30 Day Avg. Volume: 1,089,617
• PEG Ratio: <0.01
• Price to Book (P/B): 0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.27
• Enterprise Value/Market Cap: 122.12
• Enterprise Value/Revenue: 1.15
• Enterprise Value/Gross Profit: 6.51
• Enterprise Value/Ebitda: 2.93
• 1Y Price Target: $0.75
• Price Target Upside: 188.46% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: $0.50 ▲(92.31%Upside)

Office Properties Income's overall stock score of 50 reflects significant financial challenges as the primary concern, with high leverage and declining revenues posing substantial risks. Technical analysis provides some neutral signals, but valuation concerns with a negative P/E ratio and unsustainable dividend yield further weigh on the score. The recent suspension of dividends underscores financial instability, making caution essential for investors.

Office Properties Income Business Overview & Revenue Model

Company Description

Office Properties Income Trust (OPI) is a real estate investment trust (REIT) focused on owning and leasing office properties. The company primarily invests in high-quality office buildings located in select urban and suburban markets across the United States. OPI's portfolio consists of properties leased to single tenants and multi-tenants, including government entities, financial institutions, and other corporate clients. The company is dedicated to generating stable cash flows and maximizing shareholder value through strategic property acquisitions, leasing activities, and asset management.

How the Company Makes Money

Office Properties Income Trust (OPI) generates revenue primarily through leasing office space to various tenants. The company's revenue model is based on collecting rental income from its portfolio of office properties. This includes long-term lease agreements with tenants, which provide a steady and predictable income stream. OPI's key revenue streams are rental income, tenant reimbursements for property operating expenses, and income from parking facilities and other ancillary services associated with its properties. The company's earnings are significantly influenced by factors such as property locations, occupancy rates, lease terms, and the creditworthiness of its tenants. Additionally, OPI may engage in strategic property acquisitions and dispositions to optimize its portfolio and enhance revenue potential.

Office Properties Income Financial Statement Overview

Summary

Office Properties Income faces several financial challenges, including declining revenues, persistent net losses, and high leverage. The company's cash flow generation is weak, and the balance sheet is under pressure from high debt levels. Despite some stability in EBITDA margins, the overall financial health indicates a need for strategic improvements to enhance profitability and reduce financial risk.

Income Statement

The company has seen a consistent decline in revenue over the years, with a drop from $587.9M in 2020 to $476.2M in the TTM period. Gross profit margins have decreased from 88.9% in 2020 to 74.9% in TTM. Additionally, the company has reported net losses across all periods, with net profit margins deteriorating substantially. Despite a relatively stable EBITDA margin, the declining revenue and persistent net losses are concerning trends.

Balance Sheet

The debt-to-equity ratio is relatively high, indicating significant leverage, which is typical for the REIT industry but poses risks. The equity ratio has decreased over time, suggesting a declining proportion of equity financing. Return on equity is negative due to consistent net losses. The company’s financial stability is challenged by high debt levels and declining equity percentage.

Cash Flow

Operating cash flow has decreased significantly from $233.6M in 2020 to $11.9M in TTM, which is concerning. Free cash flow has also shown volatility, with a decrease from $151.9M in 2020 to $51.9M in the TTM period. The operating cash flow to net income ratio is positive but reflects low efficiency due to negative net income. Overall, cash flow generation appears weak and inconsistent.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	476.16M	501.98M	533.55M	554.27M	576.48M	587.92M
Gross Profit	356.58M	439.61M	360.84M	496.43M	504.51M	522.80M
EBITDA	99.82M	285.62M	302.34M	334.14M	348.45M	368.12M
Net Income	-176.79M	-136.11M	-69.43M	-2.60M	-5.68M	6.68M
Balance Sheet
Total Assets	3.95B	3.82B	3.99B	3.98B	4.24B	3.95B
Cash, Cash Equivalents and Short-Term Investments	42.05M	261.32M	12.31M	12.25M	83.03M	42.05M
Total Debt	2.21B	2.54B	2.58B	2.45B	2.59B	2.21B
Total Liabilities	2.34B	2.67B	2.73B	2.59B	2.74B	2.34B
Stockholders Equity	1.61B	1.15B	1.26B	1.39B	1.50B	1.61B
Cash Flow
Free Cash Flow	51.98M	67.17M	141.73M	-11.49M	121.35M	151.87M
Operating Cash Flow	11.95M	67.17M	141.73M	192.61M	221.49M	233.63M
Investing Cash Flow	86.01M	66.61M	-194.82M	-4.62M	-442.99M	-22.99M
Financing Cash Flow	-65.41M	114.67M	67.56M	-260.26M	249.15M	-254.48M

Office Properties Income Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OPI, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.24, and below the 200-day MA of 0.84, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.43 is Neutral, neither overbought nor oversold. The STOCH value of 10.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OPI.

Office Properties Income Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$1.97B	17.69	2.45%	4.96%	-1.17%	4.31%
CIO	64 Neutral	$227.22M	―	-2.51%	7.10%	-4.92%	-128.59%
ONL	58 Neutral	$131.49M	―	-10.71%	3.42%	-18.92%	-15.81%
PDM	55 Neutral	$926.84M	―	-3.79%	6.71%	-6.23%	18.07%
OPI	50 Neutral	$19.00M	―	-15.03%	14.92%	-11.91%	-80.43%
FSP	46 Neutral	$173.99M	―	-9.96%	2.38%	-18.97%	-14.57%
NYC	46 Neutral	$38.77M	―	-96.16%	―	-6.36%	-26.04%

Office Properties Income Corporate Events

Office Properties Income Suspends Quarterly Cash Distribution

On July 10, 2025, Office Properties Income announced the suspension of its quarterly cash distribution on common shares to preserve cash. This decision reflects a strategic move to maintain financial stability, potentially impacting shareholder returns and signaling caution in the company’s financial management.

The most recent analyst rating on (OPI) stock is a Sell with a $0.75 price target. To see the full list of analyst forecasts on Office Properties Income stock, see the OPI Stock Forecast page.

Office Properties Income Elects Timothy Pohl as Trustee

Office Properties Income Trust announced the election of Timothy R. Pohl as an Independent Trustee, effective June 11, 2025, with a term extending to the 2026 annual meeting of shareholders. Pohl, a seasoned advisor in restructuring and capital solutions, will also serve on the Compensation Committee and a newly formed special committee. The company’s 2025 Annual Meeting saw the election of eight Trustees and the approval of several proposals, including executive compensation and the appointment of Deloitte & Touche LLP as auditors for 2025.

The most recent analyst rating on (OPI) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Office Properties Income stock, see the OPI Stock Forecast page.