Office Properties Income Trust

OPI

US67623C1099

Commercial REITs

Market Closed - Nasdaq Other stock markets 01:30:00 11/05/2024 am IST			5-day change	1st Jan Change
2.19 ^USD	-3.74%		-23.69%	-70.08%

06/05	B. Riley Adjusts Price Target on Office Properties Income Trust to $7 From $10, Maintains Buy Rating	MT
02/05	Transcript : Office Properties Income Trust, Q1 2024 Earnings Call, May 02, 2024

Office Properties Income Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 27, 2023 at 02:05 am IST

Office Properties Income Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 134 million compared to USD 141.32 million a year ago. Net loss was USD 12.24 million compared to USD 16.06 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.33 a year ago.
For the six months, sales was USD 266.42 million compared to USD 288.67 million a year ago. Net loss was USD 12.69 million compared to USD 29.46 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.61 a year ago.

Latest news about Office Properties Income Trust

B. Riley Adjusts Price Target on Office Properties Income Trust to $7 From $10, Maintains Buy Rating	06/05	MT
Transcript : Office Properties Income Trust, Q1 2024 Earnings Call, May 02, 2024	02/05
Office Properties Income Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	02/05	CI
The RMR Group Announces Completion of Unison Elliott Bay Redevelopment	30/04	CI
Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About May 16, 2024	11/04	CI
Morgan Stanley Adjusts Price Target on Office Properties Income Trust to $1.60 From $1.80, Maintains Underweight Rating	28/03	MT
The Chicago School of Professional Psychology Inc acquired 247,716 Rentable Square Feet Located At 400 South Jefferson Street, Chicago, Illinois from Office Properties Income Trust for $38.5 million.	26/03	CI
B. Riley Lowers Office Properties Income Trust's PT to $10 From $13.50 After Q4 2023 Results Miss Estimates on Higher Operating Expense, Keeps Buy Rating	20/02	MT
Transcript : Office Properties Income Trust, Q4 2023 Earnings Call, Feb 16, 2024	16/02
Office Properties Income Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	16/02	CI
Office Properties Income Trust Reports Earnings Results for the Full Year Ended December 31, 2023	16/02	CI
Office Properties Income Trust Closes $300 Million Offering of 2029 Notes	13/02	MT
Office Properties Income Trust Prices $300 Million of Senior Secured Notes Due 2029	08/02	CI
Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities	30/01	CI
Office Properties Income Trust Reduces Quarterly Dividend to $0.01; Shares Plunge	12/01	MT
Office Properties Income Trust Cuts Dividend to $0.01 per Share from $0.25, Payable Feb. 15 to Investors of Record on Jan. 22	12/01	MT
Top Midday Decliners	12/01	MT
Office Properties Income Trust Appoints Yael Duffy as COO	17/11	MT
Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer, Effective January 1, 2024	17/11	CI
B. Riley Lowers Office Properties Income Trust's PT to $13.50 From $17, Notes Slightly More Conservative Occupancy Outlook, Keeps Buy Rating	01/11	MT
Transcript : Office Properties Income Trust, Q3 2023 Earnings Call, Oct 31, 2023	31/23/31
Office Properties Income Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	31/23/31	CI
North American Morning Briefing : Rate Decisions, -2-	30/23/30	DJ
Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About November 16, 2023	12/23/12	CI
Office Properties Income Trust Names Christopher Bilotto as Chief Executive, Brian Donley as Finance Chief	27/23/27	MT

Chart Office Properties Income Trust

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Company Profile

Office Properties Income Trust is a real estate investment trust (REIT). The Company is focused on owning and leasing office and mixed-use properties in select, growth-oriented United States markets. Its primary investment objectives include increasing cash flows from operations from stable and diverse sources. It seeks to acquire properties or portfolios that enhance its overall portfolio composition and produce greater returns than those properties or portfolios it may sell. Its wholly owned properties comprise 152 properties containing approximately 20.5 million rentable square feet. Its properties were leased to over 258 different tenants. Its properties include 445 Jan Davis Drive; 131 Clayton Street; 4344 Carmichael Road; 711 S14th Avenue; Folsom Corporate Center; 100 Redwood Shores Parkway; 100 Redwood Shores Parkway; 7958 South Chester Street; 12795 West Alameda Parkway; 20 Massachusetts Avenue, and others.

Sector

Commercial REITs

Calendar

13/06/2024 - Annual General Meeting

Related indices

Russell 2000

More about the company

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Ratings for Office Properties Income Trust

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2.19 USD

Average target price

1.6 USD

Spread / Average Target

-26.94%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Office REITs