Orion Office REIT (NYSE:ONL) Issues FY 2026 Earnings Guidance

Orion Office REIT (NYSE:ONL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.690-0.760 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ONL. Weiss Ratings restated a “sell (d-)” rating on shares of Orion Office REIT in a research report on Thursday, January 22nd. Wall Street Zen upgraded Orion Office REIT from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, JonesTrading upgraded Orion Office REIT from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research note on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $3.00.

Orion Office REIT Price Performance

Shares of NYSE ONL traded up $0.05 during midday trading on Thursday, reaching $2.55. The company’s stock had a trading volume of 266,837 shares, compared to its average volume of 255,444. Orion Office REIT has a one year low of $1.46 and a one year high of $3.29. The company has a market cap of $143.59 million, a price-to-earnings ratio of -1.05 and a beta of 1.37. The company has a 50 day moving average price of $2.35 and a 200 day moving average price of $2.47. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.73.

Orion Office REIT (NYSE:ONL) last posted its quarterly earnings results on Thursday, March 5th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.51). The business had revenue of $35.22 million during the quarter, compared to analyst estimates of $36.18 million. Orion Office REIT had a negative return on equity of 18.73% and a negative net margin of 90.36%.Orion Office REIT has set its FY 2026 guidance at 0.690-0.760 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in shares of Orion Office REIT by 112.6% in the first quarter. Jane Street Group LLC now owns 85,594 shares of the company’s stock worth $183,000 after acquiring an additional 45,341 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Orion Office REIT by 43.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 983,664 shares of the company’s stock valued at $2,095,000 after buying an additional 299,309 shares during the last quarter. Gabelli Funds LLC acquired a new stake in Orion Office REIT in the second quarter valued at approximately $26,000. Qube Research & Technologies Ltd acquired a new position in Orion Office REIT during the second quarter worth $62,000. Finally, Raymond James Financial Inc. raised its holdings in Orion Office REIT by 1.7% during the second quarter. Raymond James Financial Inc. now owns 305,109 shares of the company’s stock valued at $650,000 after buying an additional 5,242 shares in the last quarter. 79.95% of the stock is owned by hedge funds and other institutional investors.

About Orion Office REIT

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.