OPI - Office Properties Income Trust
| Previous close | 7.24 |
| Open | 7.28 |
| Bid | 7.22 x 1000 |
| Ask | 7.23 x 800 |
| Day's range | 6.94 - 7.29 |
| 52-week range | 5.86 - 21.22 |
| Volume | |
| Avg. volume | 1,139,468 |
| Market cap | 350.387M |
| Beta (5Y monthly) | 1.20 |
| PE ratio (TTM) | 55.50 |
| EPS (TTM) | 0.13 |
| Earnings date | 26 Jul 2023 - 31 Jul 2023 |
| Forward dividend & yield | 1.00 (13.79%) |
| Ex-dividend date | 21 Apr 2023 |
| 1y target est | 10.50 |
Business WireOffice Properties Income Trust Commences the Implementation of its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of a $30.7 Million Mortgage Loan
NEWTON, Mass., May 26, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust (Nasdaq: DHC) with the closing of a $30.7 million loan secured by a 266,000 square foot, 100% government occupied property located in Landover, Maryland. This non-recourse, 10-year CMBS loan carries an all-in fixed interest rate of 7.21% with five years of interest-only payments followed by fi
- Reuters
Diversified Healthcare Trust shareholder pushes for alternatives to OPI merger
One of Diversified Healthcare Trust's (DHC) largest shareholders is opposing the real estate investment trust's merger with Office Properties Income Trust (OPI), saying the deal undervalues the REIT by 90% and there are better alternatives to an all-share deal. Flat Footed LLC, which holds a 7.4% stake, said in a letter to DHC's board of trustees and seen by Reuters that the proposed deal represents a "take-under" for DHC shareholders who would be receiving a portfolio of office properties at a time many employees continue to work from home.
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ZacksOffice Properties Income Trust (OPI) Q1 FFO and Revenues Miss Estimates
Office Properties Income Trust (OPI) delivered FFO and revenue surprises of -1.80% and 0.99%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireOffice Properties Income Trust Announces First Quarter 2023 Results
NEWTON, Mass., April 26, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.
Motley FoolWhy Is Office Properties Income Trust's Dividend So High?
Office Properties' yield is listed as 19% on quote services, but the REIT has already said the payment won't hold.
Business WireOffice Properties Income Trust First Quarter 2023 Conference Call Scheduled for Thursday, April 27th
NEWTON, Mass., April 13, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Wednesday, April 26, 2023. On Thursday, April 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.
Business WireOffice Properties Income Trust Reduces Quarterly Dividend to $0.25 Per Share
NEWTON, Mass., April 13, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that OPI’s Board of Trustees has reduced OPI’s regular quarterly cash distribution on its common shares to $0.25 per common share ($1.00 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on April 24, 2023 and distributed on or about May 18, 2023.
Motley FoolThese Troubled Dividend Stocks Are Joining Forces to Survive
On the one hand, it boosted the long-term tailwinds driving demand for some property types like rental housing and logistics properties. Because of that, many real estate investment trusts (REITs) focused on those property types are struggling. Office REIT Office Properties Income Trust (NASDAQ: OPI) and healthcare REIT Diversified Healthcare Trust (NASDAQ: DHC) are among the many REITs struggling in the current environment.
Business WireOffice Properties Income Trust and Diversified Healthcare Trust Announce Agreement to Merge in All-Share Transaction
NEWTON, Mass., April 11, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a definitive merger agreement with Diversified Healthcare Trust (Nasdaq: DHC), pursuant to which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction. OPI will be the surviving entity in the merger and expects to change its name to "Diversified Properties Trust" upon the closing of the transaction and to continue to trade on The Nasdaq Stock Mar
Business WireOffice Properties Income Trust Earns 2023 ENERGY STAR® Partner of the Year Award for the Sixth Consecutive Year
NEWTON, Mass., March 29, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2023 ENERGY STAR® Partner of the Year Award for the sixth consecutive year. OPI was also recognized as an ENERGY STAR® Partner of the Year Sustained Excellence honoree for the fourth consecutive year. Currently, 43 buildings in OPI’s portfolio are ENERGY STAR certified.
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Motley FoolWhy Is Office Properties' Dividend So High?
The relatively small office REIT has maintained its dividend despite industry headwinds, but investors are clearly worried.
MoneyWiseHere's how to retire with a millionaire's income stream — even if you don't have a seven-figure nest egg just yet
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ZacksImplied Volatility Surging for Office Properties Income Trust (OPI) Stock Options
Investors need to pay close attention to Office Properties Income Trust (OPI) stock based on the movements in the options market lately.
MoneyWiseYou could be a landlord for the FBI and DEA with these 2 simple REITs — they provide a yield of up to 6.9%
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Simply Wall St.Office Properties Income Trust (NASDAQ:OPI) insider upped their holding earlier this year
Viewing insider transactions for Office Properties Income Trust's ( NASDAQ:OPI ) over the last year, we see that...
Motley FoolDon't Fall for These 2 Dividend Stocks: Cuts Are Coming
As a result, several office REITs have recently slashed their dividends. For example, Manhattan's leading office landlord, SL Green Realty, ended more than a decade of consecutive increases by announcing a 13% dividend cut in December. Fellow office-focused REITs Vornado Realty Trust and Douglas Emmett also cut their payouts, with Vornado's falling 29.2% and Douglas Emmett's decreasing by 32%.
ZacksOffice Properties Income Trust (OPI) Q4 FFO Surpass Estimates
Office Properties Income Trust (OPI) delivered FFO and revenue surprises of 2.73% and 6.34%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Business WireOffice Properties Income Trust Announces Fourth Quarter 2022 Results
NEWTON, Mass., February 15, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended December 31, 2022.
Business WireOffice Properties Income Trust Announces 2022 Dividend Allocations
NEWTON, Mass., January 18, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2022 income tax reporting purposes is as follows:
Business WireOffice Properties Income Trust Fourth Quarter 2022 Conference Call Scheduled for Thursday, February 16th
NEWTON, Mass., January 18, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Wednesday, February 15, 2023. On Thursday, February 16, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.
Business WireOffice Properties Income Trust Announces Quarterly Dividend on Common Shares
NEWTON, Mass., January 12, 2023--Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on January 23, 2023 and distributed on or about February 16, 2023.
Motley Fool2 Ultra High-Yield Stocks to Avoid Like the Plague in 2023
Many companies are realizing they don't need as much office space as they once did. Because of that, many office-focused real estate investment trusts (REITs) are facing challenges when they seek to lease their available space as existing agreements expire. Occupancy and rental rates are under pressure, which is forcing many office landlords to consider reducing their dividends and conserve cash.
ZacksOffice Properties Income Trust (OPI) Surges 7.3%: Is This an Indication of Further Gains?
Office Properties Income Trust (OPI) saw its shares surge in the last session with trading volume being higher than average.