Orion Office REIT (NYSE:ONL) Announces Quarterly Earnings Results, Misses Estimates By $0.51 EPS

Orion Office REIT (NYSE:ONL) announced its earnings results on Thursday. The company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.51), FiscalAI reports. Orion Office REIT had a negative return on equity of 19.49% and a negative net margin of 94.35%.The company had revenue of $35.22 million for the quarter, compared to analyst estimates of $36.18 million. Orion Office REIT updated its FY 2026 guidance to 0.690-0.760 EPS.

Orion Office REIT Stock Performance

Shares of ONL opened at $2.46 on Friday. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.73. The firm’s fifty day simple moving average is $2.36 and its two-hundred day simple moving average is $2.47. Orion Office REIT has a 12 month low of $1.46 and a 12 month high of $3.05. The stock has a market capitalization of $138.52 million, a P/E ratio of -0.99 and a beta of 1.37.

Orion Office REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.08 dividend on an annualized basis and a yield of 3.3%. Orion Office REIT’s dividend payout ratio is -3.28%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Gabelli Funds LLC bought a new stake in shares of Orion Office REIT during the 2nd quarter valued at about $26,000. Hudson Bay Capital Management LP bought a new stake in Orion Office REIT in the second quarter worth approximately $30,000. SmartHarvest Portfolios LLC bought a new stake in Orion Office REIT in the fourth quarter worth approximately $35,000. Jain Global LLC acquired a new position in Orion Office REIT in the fourth quarter valued at approximately $49,000. Finally, Algert Global LLC acquired a new position in Orion Office REIT in the third quarter valued at approximately $67,000. 79.95% of the stock is owned by institutional investors and hedge funds.

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.