OPI - Office Properties Income Trust Stock Price, Fair Value and News

1.93USD-0.11 (-5.39%)Market Closed

Market Summary

USD1.93-0.11

Market Closed

-5.39%

OPI Stock Price

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OPI RSI Chart

OPI Valuation

Market Cap

94.1M

Price/Earnings (Trailing)

-1.36

Price/Sales (Trailing)

0.18

EV/EBITDA

0.3

Price/Free Cashflow

0.66

OPI Price/Sales (Trailing)

OPI Profitability

EBT Margin

-8.78%

Return on Equity

-5.53%

Return on Assets

-1.74%

Free Cashflow Yield

150.62%

OPI Fundamentals

OPI Revenue

Revenue (TTM)

533.6M

Rev. Growth (Yr)

4.57%

Rev. Growth (Qtr)

0.31%

OPI Earnings

Earnings (TTM)

-69.4M

Earnings Growth (Yr)

-681.39%

Earnings Growth (Qtr)

-89.61%

Breaking Down OPI Revenue

Last 7 days

-1.5%

Last 30 days

-4.9%

Last 90 days

-45.3%

Trailing 12 Months

-74.3%

How does OPI drawdown profile look like?

OPI Financial Health

OPI Investor Care

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

-1.44

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2023	539.3M	532.0M	527.7M	533.6M
2022	579.3M	583.5M	573.6M	554.3M
2021	582.6M	574.1M	575.8M	576.5M
2020	653.5M	623.1M	601.5M	587.9M
2019	492.6M	560.6M	621.9M	678.4M
2018	356.0M	394.2M	430.1M	426.6M
2017	263.9M	269.7M	275.4M	316.5M
2016	249.5M	251.4M	253.8M	258.2M
2015	253.9M	253.6M	251.5M	248.5M
2014	230.4M	236.9M	244.7M	251.0M
2013	211.9M	219.3M	223.3M	226.9M
2012	185.9M	193.0M	200.2M	203.7M
2011	132.4M	147.8M	162.2M	176.4M
2010	88.7M	98.2M	107.7M	117.2M
2009	0	0	0	79.2M

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

Tracking the Latest Insider Buys and Sells of Office Properties Income Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 13, 2023	gilmore barbara d.	acquired	-	-	3,500	-
Jun 17, 2021	lamkin william a.	gifted	-	-	-3,500	-
Jun 17, 2021	lamkin william a.	gifted	-	-	3,500	-
Jun 17, 2021	lamkin william a.	acquired	-	-	3,500	-
Sep 17, 2020	blackman david m.	acquired	-	-	15,000	president and ceo

Which funds bought or sold OPI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-351	-	-%
Apr 10, 2024	Bank of New Hampshire	unchanged	-	-1,120	432	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	171	171	-%
Apr 05, 2024	GAMMA Investing LLC	sold off	-100	-5,296	-	-%
Apr 05, 2024	CWM, LLC	reduced	-70.31	-29,000	3,000	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	added	86.58	-274,562	297,408	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	-840	324	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	new	-	1,830	1,830	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-75.43	-24,519	19,164	-%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	new	-	633,823	633,823	0.02%

Are Funds Buying or Selling OPI?

Are funds buying OPI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OPI

No. of Funds

Unveiling Office Properties Income Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	vanguard group inc	10.04%	4,893,818	SC 13G/A
Feb 12, 2024	vanguard group inc	9.99%	4,874,755	SC 13G/A
Feb 09, 2024	invesco ltd.	6.1%	2,966,354	SC 13G
Jan 24, 2024	blackrock inc.	11.1%	5,434,106	SC 13G/A
Jan 22, 2024	state street corp	2.81%	1,369,685	SC 13G/A
Dec 06, 2023	blackrock inc.	10.9%	5,327,846	SC 13G/A
Oct 10, 2023	vanguard group inc	10.22%	4,966,037	SC 13G/A
Oct 06, 2023	blackrock inc.	8.3%	4,029,548	SC 13G/A
Feb 09, 2023	vanguard group inc	16.72%	8,119,077	SC 13G/A
Feb 07, 2023	state street corp	6.78%	3,291,033	SC 13G/A

Recent SEC filings of Office Properties Income Trust

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	DEFA14A	DEFA14A
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Apr 01, 2024	8-K	Current Report
Mar 26, 2024	8-K	Current Report
Feb 15, 2024	8-K	Current Report
Feb 15, 2024	10-K	Annual Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	8-K	Current Report

Peers (Alternatives to Office Properties Income Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	83.1B	11.1B	-9.66%	-13.83%	60.81	7.46	4.04%	-19.43%
CCI	41.5B	7.0B	-9.60%	-26.03%	27.65	5.95	-0.07%	-10.36%
AVB	25.7B	2.8B	-1.70%	6.38%	27.64	9.27	6.73%	-18.30%
ARE	20.5B	2.9B	-3.74%	0.55%	197.59	7.1	11.46%	-80.13%
AMH	12.7B	1.6B	-3.36%	8.14%	29.37	7.9	7.80%	39.39%
REG	10.7B	1.3B	-1.98%	-2.93%	29.32	8.08	8.04%	-24.50%
BXP	9.2B	3.3B	-6.31%	15.09%	48.4	2.81	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-1.05%	1.77%	34.35	7.19	5.38%	-38.52%
MAC	3.4B	884.1M	-1.05%	66.77%	-12.56	3.89	2.90%	-314.82%
SLG	3.2B	899.4M	-1.62%	125.91%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.88%	17.82%	19.35	2.84	4.38%	15.77%
AIV	1.2B	198.2M	7.12%	4.87%	-7.34	5.82	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.57%	5.74%	13.37	1.77	25.53%	134.62%
NYMT	627.7M	258.7M	-4.58%	-31.06%	-12.9	2.43	0.11%	83.70%
IVR	399.8M	277.9M	-10.13%	-19.51%	-25.21	1.44	44.33%	96.06%

Office Properties Income Trust News

Latest updates

Office Properties Income Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	133,773,000	133,361,000	133,997,000	132,422,000	127,922,000	137,683,000	141,316,000	147,354,000	147,287,000	147,572,000	137,099,000	144,524,000	146,625,000	145,806,000	145,603,000	149,885,000	160,184,000	167,411,000	176,032,000	174,777,000	103,656,000
Costs and Expenses	0.6%	124,479,000	123,784,000	116,844,000	109,485,000	100,725,000	111,689,000	118,516,000	134,095,000	126,145,000	113,971,000	162,658,000	131,044,000	118,986,000	122,283,000	118,143,000	119,751,000	135,959,000	150,168,000	140,444,000	147,941,000	97,852,500
S&GA Expenses	-7.3%	5,301,000	5,720,000	5,785,000	5,925,000	5,781,000	6,564,000	7,083,000	5,706,000	2,168,000	448,000	12,970,000	11,272,000	7,071,000	7,059,000	7,204,000	7,109,000	7,271,000	7,990,000	8,744,000	8,723,000	-16,973,500
EBITDA Margin	-6.8%	0.51	0.55	0.61	0.60	0.58	0.61	0.59	0.51	0.60	0.57	0.57	0.68	-	-	-	-	-	-	-	-	-
Interest Expenses	4.2%	30,056,000	28,835,000	26,525,000	25,231,000	24,557,000	24,969,000	26,515,000	27,439,000	27,657,000	26,929,000	29,001,000	28,798,000	28,842,000	27,097,000	25,205,000	27,159,000	30,032,000	32,367,000	35,348,000	37,133,000	20,420,000
Income Taxes	-84.2%	15,000	95,000	211,000	30,000	-161,000	90,000	-190,000	531,000	-97,000	34,000	-121,000	435,000	157,000	-54,000	235,000	39,000	269,000	156,000	-130,000	483,000	-168,000
Earnings Before Taxes	8.1%	-17,212,000	-18,733,000	-11,340,000	418,000	7,107,000	18,006,000	-15,413,000	-12,030,000	17,685,000	4,434,000	-66,238,000	38,691,000	-1,129,000	-3,572,000	1,794,000	11,155,000	65,984,000	-3,587,000	-64,762,000	34,737,000	-76,701,000
EBT Margin	-105.6%	-0.09	-0.04	0.03	0.02	0.00	0.01	-0.01	-0.10	-0.01	-0.04	-0.06	0.06	-	-	-	-	-	-	-	-	-
Net Income	-89.6%	-37,151,000	-19,593,000	-12,242,000	-446,000	6,390,000	16,964,000	-16,056,000	-13,407,000	16,945,000	3,712,000	-66,697,000	37,860,000	-1,664,000	-3,797,000	1,299,000	10,840,000	65,029,000	-3,939,000	-64,774,000	34,019,000	-57,695,000
Net Income Margin	-165.2%	-0.13	-0.05	0.02	0.01	-0.01	0.01	-0.02	-0.10	-0.01	-0.05	-0.06	0.06	-	-	-	-	-	-	-	-	-
Free Cashflow	55.9%	32,593,000	20,905,000	36,328,000	51,900,000	39,927,000	43,774,000	58,647,000	50,266,000	62,810,000	41,306,000	59,434,000	57,942,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.4%	3,990	4,045	4,028	4,007	3,980	3,969	4,063	4,198	4,242	4,240	4,211	3,953	3,946	3,973	3,978	4,029	4,193	4,360	4,804	4,927	5,239
Cash Equivalents	-49.4%	12.00	24.00	25.00	23.00	12.00	14.00	26.00	98.00	83.00	55.00	19.00	184	57.00	45.00	24.00	30.00	101	29.00	21.00	20.00	39.00
Liabilities	-0.2%	2,734	2,740	2,692	2,647	2,594	2,563	2,647	2,741	2,745	2,734	2,683	2,332	2,337	2,336	2,311	2,338	2,487	2,694	3,108	3,140	3,460
Shareholder's Equity	-3.8%	1,256	1,305	1,336	1,360	1,386	1,406	1,415	1,457	1,497	1,506	1,529	1,621	1,609	1,637	1,666	1,690	1,706	1,667	1,696	1,787	1,779
Retained Earnings	-27.1%	100	137	157	169	170	163	146	162	176	159	155	222	184	186	189	188	177	112	116	181	147
Additional Paid-In Capital	0.0%	2,621	2,621	2,621	2,620	2,620	2,619	2,619	2,618	2,617	2,617	2,616	2,616	2,615	2,614	2,614	2,613	2,612	2,612	2,612	2,611	2,610
Shares Outstanding	0.0%	49.00	49.00	49.00	49.00	49.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	367	-	-	-	948	-	-	-	1,400	-	-	-	1,200	-	-	-	1,200	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	55.9%	32,593	20,905	36,328	51,900	39,927	43,774	58,647	50,266	62,810	41,306	59,434	57,942	67,530	54,908	73,589	37,601	67,191	40,348	89,048	18,742	24,751
Cashflow From Investing	-40.4%	-37,879	-26,982	-66,144	-63,816	-53,799	66,287	-8,328	-8,784	-7,287	-35,231	-514,363	113,896	-41,091	-22,830	-1,161	42,095	238,051	370,888	18,549	250,331	611,765
Cashflow From Financing	-138.4%	-7,628	19,883	32,294	23,011	10,596	-122,285	-121,628	-26,939	-27,028	29,864	273,535	-27,218	-27,223	-4,540	-76,333	-146,386	-237,579	-402,888	-107,529	-283,399	-609,571
Dividend Payments	-	12,189	-	-	26,710	26,711	-	-	26,634	26,634	-	-	26,575	26,575	-	-	-	-	-	-	-	-
Buy Backs	-98.7%	3.00	234	44.00	13.00	3.00	521	21.00	-	2.00	649	352	-	-4.50	386	30.00	27.00	12.00	396	67.00	-	1.00

OPI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Rental income	$ 533,553	$ 554,275	$ 576,482
Expenses:
Real estate taxes	62,831	57,844	71,970
Utility expenses	26,778	27,005	25,251
Other operating expenses	109,883	110,366	105,825
Depreciation and amortization	209,254	222,564	241,494
Loss on impairment of real estate	11,299	21,820	62,420
Acquisition and transaction related costs	31,816	292	0
General and administrative	22,731	25,134	26,858
Total expenses	474,592	465,025	533,818
Gain on sale of real estate	3,780	11,001	78,354
Interest and other income	1,039	217	7
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $9,209, $9,134 and $9,771, respectively)	(110,647)	(103,480)	(112,385)
Gain (loss) on early extinguishment of debt	0	682	(14,068)
Loss before income tax expense and equity in net losses of investees	(46,867)	(2,330)	(5,428)
Income tax expense	(351)	(270)	(251)
Equity in net losses of investees	(3,031)	(3,509)	(2,501)
Loss on impairment of equity method investment	(19,183)	0	0
Net loss	$ (69,432)	$ (6,109)	$ (8,180)
Weighted average common shares outstanding (basic) (in shares)	48,389	48,278	48,195
Weighted average common shares outstanding (diluted) (in shares)	48,389	48,278	48,195
Per common share amounts (basic and diluted):
Net loss (basic) (in dollars per share)	$ (1.44)	$ (0.14)	$ (0.17)
Net loss (diluted) (in dollars per share)	$ (1.44)	$ (0.14)	$ (0.17)

OPI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate properties:
Land	$ 786,310	$ 821,238
Buildings and improvements	3,279,369	3,114,836
Total real estate properties, gross	4,065,679	3,936,074
Accumulated depreciation	(650,179)	(561,458)
Total real estate properties, net	3,415,500	3,374,616
Assets of properties held for sale	37,310	2,516
Investments in unconsolidated joint ventures	18,128	35,129
Acquired real estate leases, net	263,498	369,333
Cash and cash equivalents	12,315	12,249
Restricted cash	14,399	0
Rents receivable	133,264	105,639
Deferred leasing costs, net	86,971	73,098
Other assets, net	8,284	7,397
Total assets	3,989,669	3,979,977
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	205,000	195,000
Senior unsecured notes, net	2,195,478	2,187,875
Mortgage notes payable, net	172,131	49,917
Liabilities of properties held for sale	2,525	73
Accounts payable and other liabilities	140,166	140,151
Due to related persons	7,025	6,469
Assumed real estate lease obligations, net	11,665	14,157
Total liabilities	2,733,990	2,593,642
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 200,000,000 shares authorized, 48,755,415 and 48,565,644 shares issued and outstanding, respectively	488	486
Additional paid in capital	2,621,493	2,619,532
Cumulative net income	100,174	169,606
Cumulative common distributions	(1,466,476)	(1,403,289)
Total shareholders’ equity	1,255,679	1,386,335
Total liabilities and shareholders’ equity	$ 3,989,669	$ 3,979,977

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 155 properties as of June 30, 2023, with approximately 20.8 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of June 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA.

WEBSITE	opireit.com
INDUSTRY	REIT Mortgage

Office Properties Income Trust Frequently Asked Questions

What is the ticker symbol for Office Properties Income Trust? What does OPI stand for in stocks?

OPI is the stock ticker symbol of Office Properties Income Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Office Properties Income Trust (OPI)?

As of Mon Apr 15 2024, market cap of Office Properties Income Trust is 94.1 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPI stock?

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

What is the fair value of OPI stock?

You can check OPI's fair value in chart for subscribers. The fair value of Office Properties Income Trust 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 Office Properties Income Trust 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 OPI 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 Office Properties Income Trust a good stock to buy?

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

What is Office Properties Income Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, OPI's PE ratio (Price to Earnings) is -1.36 and Price to Sales (PS) ratio is 0.18. 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. OPI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Office Properties Income Trust's stock?

In the past 10 years, Office Properties Income Trust has provided -0.267 (multiply by 100 for percentage) rate of return.