Orion Office REIT (NYSE:ONL) Issues Quarterly Earnings Results

Orion Office REIT (NYSE:ONL) issued its earnings results on Thursday. The company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.51), FiscalAI reports. Orion Office REIT had a negative return on equity of 18.73% and a negative net margin of 90.36%.The business had revenue of $35.22 million during the quarter, compared to the consensus estimate of $36.18 million. Orion Office REIT updated its FY 2026 guidance to 0.690-0.760 EPS.

Orion Office REIT Stock Up 2.0%

Shares of NYSE ONL traded up $0.05 during trading on Thursday, reaching $2.55. The company had a trading volume of 266,837 shares, compared to its average volume of 255,444. Orion Office REIT has a 12-month low of $1.46 and a 12-month high of $3.29. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.73. The business’s 50-day moving average is $2.35 and its 200 day moving average is $2.47. The stock has a market cap of $143.59 million, a PE ratio of -1.05 and a beta of 1.37.

Hedge Funds Weigh In On Orion Office REIT

Large investors have recently made changes to their positions in the company. Jane Street Group LLC grew its position in Orion Office REIT by 112.6% during the 1st quarter. Jane Street Group LLC now owns 85,594 shares of the company’s stock worth $183,000 after purchasing an additional 45,341 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Orion Office REIT by 43.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 983,664 shares of the company’s stock valued at $2,095,000 after acquiring an additional 299,309 shares during the period. Gabelli Funds LLC purchased a new stake in shares of Orion Office REIT in the 2nd quarter valued at $26,000. Qube Research & Technologies Ltd acquired a new position in shares of Orion Office REIT in the 2nd quarter valued at about $62,000. Finally, Raymond James Financial Inc. boosted its position in Orion Office REIT by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 305,109 shares of the company’s stock worth $650,000 after purchasing an additional 5,242 shares in the last quarter. 79.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. JonesTrading raised shares of Orion Office REIT from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research note on Monday, January 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Orion Office REIT in a report on Thursday, January 22nd. Finally, Wall Street Zen raised shares of Orion Office REIT from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.00.

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.