Orion Office REIT (NYSE:ONL) Posts Quarterly Earnings Results, Beats Expectations By $0.49 EPS

Orion Office REIT (NYSE:ONL) announced its quarterly earnings data on Thursday. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.49, FiscalAI reports. The firm had revenue of $34.30 million for the quarter, compared to the consensus estimate of $34.16 million. Orion Office REIT had a negative return on equity of 21.88% and a negative net margin of 98.36%. Orion Office REIT updated its FY 2026 guidance to 0.720-0.770 EPS.

Orion Office REIT Stock Down 2.1%

Shares of NYSE:ONL traded down $0.06 during trading hours on Thursday, reaching $2.60. The stock had a trading volume of 361,694 shares, compared to its average volume of 216,169. Orion Office REIT has a 1 year low of $1.89 and a 1 year high of $3.05. The firm’s 50 day moving average is $2.77 and its 200-day moving average is $2.59. The stock has a market capitalization of $147.93 million, a price-to-earnings ratio of -1.02 and a beta of 1.57. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.06 and a current ratio of 3.06.

Institutional Trading of Orion Office REIT

Large investors have recently bought and sold shares of the business. OMERS ADMINISTRATION Corp acquired a new position in shares of Orion Office REIT during the fourth quarter worth about $132,000. Barclays PLC lifted its position in Orion Office REIT by 2,087,733.3% in the fourth quarter. Barclays PLC now owns 62,635 shares of the company’s stock valued at $142,000 after purchasing an additional 62,632 shares during the period. PenderFund Capital Management Ltd. purchased a new stake in Orion Office REIT in the 3rd quarter valued at approximately $100,000. Algert Global LLC purchased a new stake in Orion Office REIT in the 3rd quarter valued at approximately $67,000. Finally, Tower Research Capital LLC TRC increased its position in Orion Office REIT by 63.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 30,617 shares of the company’s stock worth $65,000 after purchasing an additional 11,840 shares during the period. Institutional investors and hedge funds own 79.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. JonesTrading lifted their price target on shares of Orion Office REIT from $3.00 to $3.50 and gave the company a “buy” rating in a research report on Friday, May 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Orion Office REIT in a research report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Orion Office REIT has a consensus rating of “Hold” and a consensus target price of $3.50.

About Orion Office REIT

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.