ONL - Orion Office REIT Inc. Stock Price, Fair Value and News

3.66USD-0.06 (-1.61%)Delayed

Market Summary

USD3.66-0.06

Delayed

-1.61%

ONL Stock Price

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ONL RSI Chart

ONL Valuation

Market Cap

204.5M

Price/Earnings (Trailing)

-2.74

Price/Sales (Trailing)

1.06

EV/EBITDA

374.46

Price/Free Cashflow

2.31

ONL Price/Sales (Trailing)

ONL Profitability

EBT Margin

-38.68%

Return on Equity

-8.72%

Return on Assets

-5.39%

Free Cashflow Yield

43.36%

ONL Fundamentals

ONL Revenue

Revenue (TTM)

192.0M

Rev. Growth (Yr)

-5.96%

Rev. Growth (Qtr)

7.88%

ONL Earnings

Earnings (TTM)

-74.6M

Earnings Growth (Yr)

-195.61%

Earnings Growth (Qtr)

-62.12%

Breaking Down ONL Revenue

Last 7 days

-1.6%

Last 30 days

18.8%

Last 90 days

-24.2%

Trailing 12 Months

-37.8%

How does ONL drawdown profile look like?

ONL Financial Health

ONL Investor Care

Buy Backs (1Y)

1.40%

Diluted EPS (TTM)

-1.33

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	192.0M	0	0	0
2023	205.1M	204.3M	201.6M	195.0M
2022	111.8M	143.9M	176.0M	208.1M
2021	77.2M	100.9M	124.7M	148.4M
2020	0	0	0	53.5M
2019	0	0	0	53.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Orion Office REIT Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	mcdowell paul h	sold (taxes)	-14,478	3.34	-4,335	see remarks.
Mar 22, 2024	schmidt revea lynn	sold (taxes)	-928	3.34	-278	see remarks.
Mar 22, 2024	brandon gavin	sold (taxes)	-4,542	3.34	-1,360	see remarks.
Mar 22, 2024	day christopher haviland	sold (taxes)	-3,303	3.34	-989	see remarks.
Mar 22, 2024	hughes paul c	sold (taxes)	-3,814	3.34	-1,142	general counsel & secretary
Mar 22, 2024	landriau gary e	sold (taxes)	-4,532	3.34	-1,357	see remarks.
Mar 07, 2024	schmidt revea lynn	sold (taxes)	-7,381	3.52	-2,097	see remarks.
Mar 07, 2024	brandon gavin	sold (taxes)	-13,527	3.52	-3,843	see remarks.
Mar 07, 2024	landriau gary e	sold (taxes)	-12,886	3.52	-3,661	see remarks.
Mar 07, 2024	day christopher haviland	sold (taxes)	-9,838	3.52	-2,795	see remarks.

Which funds bought or sold ONL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Wiser Advisor Group LLC	unchanged	-	-14.00	22.00	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-39.84	-33,963	19,874	-%
May 16, 2024	Ancora Advisors LLC	added	42.00	-37.00	249	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-94.37	-1,785,220	63,857	-%
May 16, 2024	COMERICA BANK	reduced	-7.61	-9,501	12,440	-%
May 16, 2024	Beacon Capital Management, LLC	added	39.06	-21.00	313	-%
May 15, 2024	Transcendent Capital Group LLC	added	100	119	313	-%
May 15, 2024	D. E. Shaw & Co., Inc.	added	104	346,114	1,690,160	-%
May 15, 2024	Nebula Research & Development LLC	reduced	-58.42	-347,565	119,073	0.03%
May 15, 2024	Federation des caisses Desjardins du Quebec	new	-	8.00	8.00	-%

Are Funds Buying or Selling ONL?

Are funds buying ONL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ONL

No. of Funds

Unveiling Orion Office REIT Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	sanda par olof	2.89%	1,613,297	SC 13G/A
Feb 14, 2024	madison avenue partners, lp	5.4%	2,989,565	SC 13G/A
Feb 13, 2024	vanguard group inc	10.28%	5,732,887	SC 13G/A
Feb 09, 2024	morgan stanley	7.2%	4,027,604	SC 13G/A
Feb 02, 2024	private management group inc	8.56%	4,775,549	SC 13G
Jan 25, 2024	blackrock inc.	8.6%	4,803,713	SC 13G/A
Jan 23, 2024	state street corp	2.96%	1,650,332	SC 13G/A
Oct 06, 2023	blackrock inc.	8.2%	4,664,864	SC 13G/A
Feb 14, 2023	sessa capital (master), l.p.	0.0%	10	SC 13G/A
Feb 14, 2023	madison avenue partners, lp	8.4%	4,781,496	SC 13G/A

Recent SEC filings of Orion Office REIT Inc.

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 15, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Orion Office REIT Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	1.6B	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

Orion Office REIT Inc. News

Latest updates

Orion Office REIT Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Revenue	7.9%	47,197,000	43,751,000	49,076,000	52,024,000	50,190,000	50,294,000	51,769,000	52,849,000	53,206,000	81,349,000	109,492,000	13,315,000	12,587,000	13,028,000	-	-
Costs and Expenses	24.8%	65,247,000	52,264,000	58,390,000	59,898,000	51,678,000	63,142,000	97,663,000	60,382,000	55,605,000	156,000	99,861,000	10,963,000	7,953,000	8,012,000	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	58,300,000	32,710,000	27,767,000	47,691,000	-	-
S&GA Expenses	-100.0%	-	5,479,000	4,367,000	4,565,000	4,309,000	4,428,000	4,672,000	3,291,000	3,517,000	-1,770,000	4,493,000	594,000	515,000	556,000	-	-
EBITDA Margin	-97.8%	0.00	0.12	0.12	-0.03	-0.01	0.02	-0.32	0.05	0.00	-0.10	0.40	0.17	0.21	0.27	0.39	-
Interest Expenses	-2.7%	-8,146,000	-7,928,000	-7,380,000	-7,222,000	-7,139,000	-7,553,000	-7,904,000	-7,867,000	-6,847,000	1,694,000	-5,347,000	-276,000	-338,000	-465,000	-	-
Income Taxes	257.1%	77,000	-49,000	160,000	185,000	160,000	-282,000	164,000	164,000	166,000	-363,000	520,000	-	-	-	-	-
Earnings Before Taxes	-60.8%	-26,149,000	-16,264,000	-16,347,000	-15,530,000	-8,714,000	-19,275,000	-52,865,000	-15,406,000	-9,716,000	-53,518,000	3,338,000	-1,423,000	4,296,000	4,551,000	-	-
EBT Margin	-32.7%	-0.39	-0.29	-0.30	-0.47	-0.47	-0.47	-0.75	-0.52	-0.55	-0.59	0.07	-0.02	-0.02	-0.02	-0.04	-
Net Income	-62.1%	-26,232,000	-16,181,000	-16,519,000	-15,715,000	-8,874,000	-18,982,500	-53,047,000	-15,570,000	-9,882,000	-53,234,000	2,880,000	-1,423,000	4,296,000	4,551,000	-44,166,000	-
Net Income Margin	-32.3%	-0.39	-0.29	-0.30	-0.47	-0.47	-0.47	-0.75	-0.53	-0.55	-0.60	0.07	-0.29	-0.25	-0.24	-0.04	-
Free Cashflow	-43.5%	11,022,000	19,500,000	25,670,000	32,477,000	11,441,000	28,315,000	34,123,000	23,641,000	28,153,000	-27,622,000	-2,797,000	-2,797,000	10,198,000	11,150,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-2.7%	1,386	1,424	1,504	1,528	1,547	1,571	1,622	1,714	1,734	1,755	1,759	1,337	902	467	33.00	546
Cash Equivalents	5.1%	24.00	22.00	32.00	42.00	24.00	21.00	23.00	19.00	-	19.00	29.00	-	-	-	-	-
Liabilities	-1.4%	530	537	595	590	587	595	621	656	-	678	671	422	173	-	-	49.00
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	354	-	-	-	-	-
Shareholder's Equity	-3.4%	856	886	908	938	960	974	1,001	1,058	-	1,077	1,088	-	503	496	488	497
Retained Earnings	-12.3%	-290	-258	-237	-214	-193	-178	-154	-95.56	-	-74.33	-58.71	-	-2.80	-	-	-
Additional Paid-In Capital	0.1%	1,145	1,145	1,144	1,148	1,147	1,147	1,146	1,146	-	1,146	1,145	-	3.00	-	-	-
Shares Outstanding	0.2%	56.00	56.00	56.00	57.00	57.00	57.00	57.00	57.00	57.00	57.00	57.00	-	57.00	57.00	57.00	57.00
Minority Interest	0.4%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	1.00	1.00	-	-	-	-	-
Float	-	-	-	-	374	-	-	-	620	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	-43.5%	11,022	19,500	25,670	32,477	11,441	28,315	34,123	23,641	28,153	-27,622	-	-2,797	10,198	11,150	-	-	-
Share Based Compensation	-4.4%	790	826	687	689	526	603	444	439	270	65.00	-	-	-	-	-	-	-
Cashflow From Investing	-275.5%	-3,751	2,137	8,300	-2,681	-2,467	5,790	15,403	2,519	-1,235	-3,020	-	-83.00	-22.00	-55.00	-	-	-
Cashflow From Financing	91.0%	-5,826	-64,635	-10,682	-11,329	-5,844	-37,221	-45,664	-25,663	-2,168	59,451	-	2,797	-10,370	-14,285	-	-	-
Buy Backs	-	-	-	5,000	-	74.00	-	-	-	-	-	-	-	-	-	-	-	-

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ONL Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total revenues	$ 47,197	$ 50,190
Operating expenses:
Property operating	15,999	15,344
General and administrative	4,949	4,309
Depreciation and amortization	24,504	28,166
Impairments	19,685	3,754
Transaction related	110	105
Total operating expenses	65,247	51,678
Other (expenses) income:
Interest expense, net	(8,146)	(7,139)
Other income, net	163	36
Equity in loss of unconsolidated joint venture, net	(116)	(123)
Total other (expenses) income, net	(8,099)	(7,226)
Loss before taxes	(26,149)	(8,714)
Provision for income taxes	(77)	(160)
Net loss	(26,226)	(8,874)
Net income attributable to non-controlling interest	(6)	(11)
Net loss attributable to common stockholders	$ (26,232)	$ (8,885)
Weighted-average shares outstanding - basic (in shares)	55,803	56,642
Weighted-average shares outstanding - diluted (in shares)	55,803	56,642
Basic net loss per share attributable to common stockholders (in dollars per share)	$ (0.47)	$ (0.16)
Diluted net loss per share attributable to common stockholders (in dollars per share)	$ (0.47)	$ (0.16)
Rental
Total revenues	$ 46,995	$ 49,990
Fee income from unconsolidated joint venture
Total revenues	$ 202	$ 200

ONL Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate investments, at cost:
Land	$ 223,439	$ 223,264
Buildings, fixtures and improvements	1,081,788	1,097,132
Total real estate investments, at cost	1,305,227	1,320,396
Less: accumulated depreciation	165,490	158,791
Total real estate investments, net	1,139,737	1,161,605
Accounts receivable, net	24,942	24,663
Intangible lease assets, net	110,145	126,364
Cash and cash equivalents	23,618	22,473
Other assets, net	87,077	88,828
Total assets	1,385,519	1,423,933
LIABILITIES AND EQUITY
Mortgages payable, net	353,028	352,856
Credit facility revolver	116,000	116,000
Accounts payable and accrued expenses	23,732	30,479
Below-market lease liabilities, net	6,753	8,074
Distributions payable	5,587	5,578
Other liabilities, net	24,468	23,943
Total liabilities	529,568	536,930
Common stock, $0.001 par value, 100,000,000 shares authorized 55,869,819 and 55,783,548 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	56	56
Additional paid-in capital	1,145,264	1,144,636
Accumulated other comprehensive loss	(45)	(264)
Accumulated deficit	(290,710)	(258,805)
Total stockholders’ equity	854,565	885,623
Non-controlling interest	1,386	1,380
Total equity	855,951	887,003
Total liabilities and equity	$ 1,385,519	$ 1,423,933

About Orion Office REIT Inc.

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.

CEO	Mr. Paul H. McDowell
WEBSITE	onlreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	35

Orion Office REIT Inc. Frequently Asked Questions

What is the ticker symbol for Orion Office REIT Inc.? What does ONL stand for in stocks?

ONL is the stock ticker symbol of Orion Office REIT Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Orion Office REIT Inc. (ONL)?

As of Fri May 17 2024, market cap of Orion Office REIT Inc. is 204.48 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ONL stock?

You can check ONL's fair value in chart for subscribers.

What is the fair value of ONL stock?

You can check ONL's fair value in chart for subscribers. The fair value of Orion Office REIT Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Orion Office REIT Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ONL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Orion Office REIT Inc. a good stock to buy?

The fair value guage provides a quick view whether ONL is over valued or under valued. Whether Orion Office REIT Inc. is cheap or expensive depends on the assumptions which impact Orion Office REIT Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ONL.

What is Orion Office REIT Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ONL's PE ratio (Price to Earnings) is -2.74 and Price to Sales (PS) ratio is 1.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ONL PE ratio will change depending on the future growth rate expectations of investors.