Office Properties Income Trust (NASDAQ:OPI) – Equities researchers at B. Riley issued their Q1 2019 earnings per share (EPS) estimates for Office Properties Income Trust in a research note issued on Tuesday, March 12th. B. Riley analyst B. Maher anticipates that the company will post earnings of $1.41 per share for the quarter. B. Riley also issued estimates for Office Properties Income Trust’s Q2 2019 earnings at $1.22 EPS, Q3 2019 earnings at $1.21 EPS, Q4 2019 earnings at $1.27 EPS, FY2019 earnings at $5.11 EPS, Q1 2020 earnings at $1.27 EPS, Q2 2020 earnings at $1.26 EPS, Q3 2020 earnings at $1.26 EPS, Q4 2020 earnings at $1.25 EPS, FY2020 earnings at $5.05 EPS and FY2021 earnings at $5.09 EPS.
Several other research analysts also recently commented on OPI. Zacks Investment Research raised Office Properties Income Trust from a “strong sell” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Thursday, March 7th. ValuEngine downgraded Office Properties Income Trust from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Finally, Royal Bank of Canada cut their target price on Office Properties Income Trust to $27.00 and set an “underperform” rating on the stock in a report on Wednesday.
NASDAQ OPI opened at $28.79 on Thursday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.06 and a current ratio of 1.06. Office Properties Income Trust has a twelve month low of $25.05 and a twelve month high of $68.84. The firm has a market cap of $1.37 billion, a P/E ratio of 3.31, a PEG ratio of 1.15 and a beta of 1.69.
A hedge fund recently bought a new stake in Office Properties Income Trust stock. Public Employees Retirement System of Ohio purchased a new position in Office Properties Income Trust (NASDAQ:OPI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,658 shares of the company’s stock, valued at approximately $39,000.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Monday, January 28th were given a $0.55 dividend. The ex-dividend date was Friday, January 25th. This represents a $2.20 annualized dividend and a yield of 7.64%.
Office Properties Income Trust Company Profile
Office Properties Income Trust is a real estate investment trust, or REIT, which owns buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. In December 2018, our predecessor company Government Properties Income Trust, or GOV, merged with Select Income REIT, or SIR, and the combined company was renamed Office Properties Income Trust, or OPI.
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