Orion Office REIT Inc. (ONL) to Issue Quarterly Dividend of $0.02 on April 15th

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Wednesday, March 4th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.02 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, March 31st.

Orion Office REIT Stock Down 3.5%

Orion Office REIT stock traded down $0.09 during mid-day trading on Friday, reaching $2.46. 335,065 shares of the company were exchanged, compared to its average volume of 257,012. The firm has a market cap of $138.53 million, a P/E ratio of -1.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.37 and a current ratio of 2.37. The business has a fifty day moving average of $2.36 and a 200 day moving average of $2.47. Orion Office REIT has a 12-month low of $1.46 and a 12-month high of $3.05.

Orion Office REIT (NYSE:ONL) last posted its quarterly earnings data on Thursday, March 5th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.51). The company had revenue of $35.22 million for the quarter, compared to analyst estimates of $36.18 million. Orion Office REIT had a negative net margin of 90.36% and a negative return on equity of 18.73%. Orion Office REIT has set its FY 2026 guidance at 0.690-0.760 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ONL. Gabelli Funds LLC acquired a new stake in shares of Orion Office REIT during the 2nd quarter worth $26,000. PNC Financial Services Group Inc. raised its holdings in shares of Orion Office REIT by 72.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,703 shares of the company’s stock valued at $29,000 after buying an additional 5,741 shares during the period. Evoke Wealth LLC acquired a new stake in Orion Office REIT during the fourth quarter worth about $30,000. AXQ Capital LP bought a new position in Orion Office REIT during the 4th quarter worth $30,000. Finally, Hudson Bay Capital Management LP acquired a new stake in shares of Orion Office REIT in the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 79.95% of the company’s stock.

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.