ONL

Orion Office REIT Inc. [ONL] Stock Forecast

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RSI : 000

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In the News

06:50 29 Mar 2024 ONL

7 REITs to Sell in March Before They Crash & Burn

Shares in real estate investment trusts have bounced back in recent months, but as the commercial real estate space remains in a tough spot, there are still plenty of stocks in this category best described as REITs to sell. The main reason for this all has to do with the macro environment.

07:00 29 Mar 2024 ONL

3 Risky Office REITs (Dumpster Fire Alert)

Some people make decent money dumpster diving, as seen in a Business Insider article about a couple who make up to $3,000 a month selling their trash treasures. The office REIT space is currently under tremendous pressure, reflected in the stock prices of three high-risk office plays: City Office REIT, Orion Office, and Net Lease Office Properties. These stocks offer value for investors willing to take on elevated risks, but caution is warranted due to the challenges facing the office real estate sector.

06:01 29 Mar 2024 ONL

Orion Office REIT: Office Woes Bite Hard As Leverage Explodes

We shifted back to a sell rating on Orion Office due to increased office distress and doubts about the company's ability to out-earn its current enterprise value. Q4-2023 earnings showed a miss in funds from operations but there were bigger issues that came to light. We go over our logic of sticking with the sell rating despite the huge drop in stock price.

06:36 29 Mar 2024 ONL

Orion Office REIT: The Downturn Continues

Orion Office REIT Inc. is a new company formed from the office properties of Realty Income and VEREIT upon their merger. The office sector is currently out of favor, but the need for office spaces will likely increase in the future. The stock price has been dropping, but spinoffs tend to outperform the market over time and the company has potential for long-term success.

10:30 29 Mar 2024 ONL

It's Time! 3 Overplayed REITs to Sell in February

Real estate boom-and-bust cycles are repetitive, and I'm afraid that we look set for another. What's my premise?

07:00 29 Mar 2024 ONL

3 Doomed REITs to Dump Before They Dive: February 2024

The upheavals of 2023 rattled the housing market, witnessing soaring mortgage rates and stalled sales. In short, it created uncertainty for real estate investment trusts (REITs).

04:15 29 Mar 2024 ONL

Orion Office REIT Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Webcast Dates

PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease office properties located across the U.S., announced today that it will release its operating results for the fourth quarter and full year 2023 after market close on Tuesday, February 27, 2024. Webcast and Conference Call Information Orion will host a webcast and conference call to.

08:05 29 Mar 2024 ONL

Sell Alert: 2 REITs Getting Risky

I am very bullish on most REITs following their recent crash. But not all REITs are worth buying. Here are two risky REITs that I would consider selling.

02:39 29 Mar 2024 ONL

Can My Portfolio's 3 Worst Stocks From 2023 Rebound in 2024?

Despite how strong the stock market grew in 2023, there were more than a few pockets of despair in the market. We know the S&P 500 was driven higher almost wholly on the strength of the Magnificent 7 stocks, but the Dow Jones Industrial Average and Nasdaq 100 also experienced superb gains.

10:00 29 Mar 2024 ONL

Orion: 3 Reasons There Could Be Material Downside In 2024

We had previously upgraded Orion from a Sell to a Hold, as we saw the possibility of it out-earning its enterprise value. The fundamentals have actually worsened and the REIT looks to have a challenging 2024. We give you three reasons why you should consider exiting.

ONL Financial details

Company Rating
Sell
Market Cap
186.32M
Income
-57.29M
Revenue
195.04M
Book val./share
15.88
Cash/share
0.4
Dividend
0.4
Dividend %
7.3%
Employees
38
Optionable
No
Shortable
Yes
Earnings
01 May 2024
P/E
-5.15
Forward P/E
-
PEG
1.27
P/S
1.52
P/B
0.34
P/C
8.79
P/FCF
3.78
Quick Ratio
6.53
Current Ratio
0.3
Debt / Equity
0.66
LT Debt / Equity
0.53
-
-
EPS (TTM)
-1.02
EPS next Y
-
EPS next Q
1.58
EPS this Y
-40.7%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
29.54%
Revenue Q/Q
-10.85%
EPS Q/Q
-
-
-
-
-
SMA20
-25%
SMA50
-40%
SMA100
-40%
Inst Own
61.04%
Inst Trans
0.7%
ROA
-4%
ROE
-6%
ROC
-0.01%
Gross Margin
69%
Oper. Margin
-8%
Profit Margin
-30%
Payout
-38%
Shs Outstand
55.78M
Shs Float
53.28M
-
-
-
-
Target Price
-
52W Range
3.29-7.07
52W High
-49.79%
52W Low
+17.17%
RSI
41
Rel Volume
0.84
Avg Volume
439.49K
Volume
370.85K
Perf Week
-0.14%
Perf Month
-27.97%
Perf Quarter
-27.23%
Perf Half Y
-33.68%
-
-
-
-
Beta
0.856
-
-
Volatility
0.11%, 0.48%
Prev Close
2.48%
Price
3.515
Change
7.66%

ONL Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.990.991.413.673.46
Net income per share
0.22-0.09-0.79-1.72-1.02
Operating cash flow per share
0.740.780.992.021.58
Free cash flow per share
0.730.770.821.811.25
Cash per share
000.520.360.4
Book value per share
9.389.1819.1917.2115.7
Tangible book value per share
8.698.6513.9513.6513.48
Share holders equity per share
9.389.1819.1917.2115.7
Interest debt per share
1.360.7411.3310.0711.01
Market cap
1.15B1.15B1.06B483.64M322.66M
Enterprise value
1.22B1.19B1.67B1B777.12M
P/E ratio
96.41-238.9-23.67-4.96-5.63
Price to sales ratio
21.5821.5813.262.321.65
POCF ratio
28.8527.2618.844.233.62
PFCF ratio
29.2427.5622.894.714.57
P/B Ratio
2.272.320.970.50.36
PTB ratio
2.272.320.970.50.36
EV to sales
22.8922.2720.894.823.98
Enterprise value over EBITDA
26.8926.0926.677.696.73
EV to operating cash flow
30.628.1429.688.788.72
EV to free cash flow
31.0228.4536.059.7811
Earnings yield
0.010-0.04-0.2-0.18
Free cash flow yield
0.030.040.040.210.22
Debt to equity
0.140.070.590.550.66
Debt to assets
0.120.070.360.340.41
Net debt to EBITDA
1.540.819.743.983.93
Current ratio
9.959.530.070.220.55
Interest coverage
5.616.724.34-0.030.18
Income quality
2.62-22.29-1.18-1.17-1.55
Dividend Yield
0.030.010.560.040.07
Payout ratio
3.14-1.86-13.14-0.17-0.39
Sales general and administrative to revenue
0.040.040.050.080.1
Research and developement to revenue
00000
Intangibles to total assets
0.060.050.170.130.09
Capex to operating cash flow
-0.01-0.01-0.18-0.1-0.21
Capex to revenue
-0.01-0.01-0.12-0.06-0.09
Capex to depreciation
-0.02-0.02-0.23-0.09-0.17
Stock based compensation to revenue
0000.010.01
Graham number
6.834.2918.4625.8118.94
ROIC
0.020.090.0100
Return on tangible assets
0.02-0.01-0.03-0.07-0.04
Graham Net
-1.43-0.8-11.1-9.84-8.74
Working capital
8.25M7.23M-586.99M-160.86M-68.88M
Tangible asset value
470.63M468.44M790.18M773.03M760.64M
Net current asset value
-75.03M-41.24M-623.96M-550.43M-453.75M
Invested capital
0.140.070.590.550.66
Average receivables
08.62M13M19.78M25M
Average payables
0466.5K908.5K13.98M13.88M
Average inventory
00-149.5K1.1M1.25M
Days sales outstanding
62.5955.1482.0237.9553.08
Days payables outstanding
570.7649.12155.223.45
Days of inventory on hand
00-8.1414.840
Receivables turnover
5.836.624.459.626.88
Payables turnover
6.4480.837.432.35105.79
Inventory turnover
00-44.8624.590
ROE
0.02-0.01-0.04-0.1-0.06
Capex per share
-0.01-0.01-0.18-0.21-0.33

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.890.890.930.870.78
Net income per share
-0.34-0.16-0.28-0.29-0.29
Operating cash flow per share
0.50.20.580.450.35
Free cash flow per share
0.430.150.510.350.25
Cash per share
0.4824.2424.3623.910.4
Book value per share
17.216.9216.6716.0615.88
Tangible book value per share
13.6513.7213.8113.5313.64
Share holders equity per share
17.216.9216.6716.0615.88
Interest debt per share
9.679.649.719.6310.64
Market cap
483.74M379.5M371.34M294.59M319.07M
Enterprise value
1B894.76M867.64M799.47M773.53M
P/E ratio
-6.37-10.69-5.9-4.46-4.93
Price to sales ratio
9.627.567.1467.29
POCF ratio
17.0833.1711.4311.4816.36
PFCF ratio
20.0945.7112.8614.9823.11
P/B Ratio
0.50.40.40.320.36
PTB ratio
0.50.40.40.320.36
EV to sales
19.9517.8316.6816.2917.68
Enterprise value over EBITDA
33.4929.3827.0827.0732.47
EV to operating cash flow
35.4378.2126.7231.1439.67
EV to free cash flow
41.65107.7630.0540.6556.04
Earnings yield
-0.04-0.02-0.04-0.06-0.05
Free cash flow yield
0.050.020.080.070.04
Debt to equity
0.550.560.580.590.66
Debt to assets
0.340.350.350.360.41
Net debt to EBITDA
17.3416.9215.4917.119.07
Current ratio
0.220.260.590.30.55
Interest coverage
-0.070.32-1.09-1.26-0.25
Income quality
-1.49-1.29-2.07-1.56-1.21
Dividend Yield
0.010.010.020.020.02
Payout ratio
-0.3-0.64-0.36-0.34-0.35
Sales general and administrative to revenue
0.090.090.090.090.13
Research and developement to revenue
00000
Intangibles to total assets
0.130.120.110.10.09
Capex to operating cash flow
-0.15-0.27-0.11-0.23-0.29
Capex to revenue
-0.08-0.06-0.07-0.12-0.13
Capex to depreciation
-0.14-0.11-0.13-0.22-0.22
Stock based compensation to revenue
0.010.010.010.010.02
Graham number
11.397.7210.2510.2710.18
ROIC
00-0.01-0.010
Return on tangible assets
-0.01-0.01-0.01-0.01-0.01
Graham Net
-10.0614.1714.1613.74-8.84
Working capital
-160.86M-148.82M-82.52M-148.13M-68.88M
Tangible asset value
773.03M777.32M775.84M764.96M760.64M
Net current asset value
-550.43M-535.97M-469.7M-532.11M-453.75M
Invested capital
0.550.560.580.590.66
Average receivables
21.78M23.17M24.83M25.94M27.64M
Average payables
13.55M23.06M10.51M15.82M16.09M
Average inventory
-17.99M-20.26M-3.78M-1.51M0
Days sales outstanding
38.7344.2943.1849.3558.35
Days payables outstanding
149.53117.066.17177.433.57
Days of inventory on hand
-205.64-26.63-17.5900
Receivables turnover
2.322.032.081.821.54
Payables turnover
0.60.7714.60.5125.22
Inventory turnover
-0.44-3.38-5.1200
ROE
-0.02-0.01-0.02-0.02-0.02
Capex per share
-0.07-0.06-0.06-0.11-0.1

ONL Frequently Asked Questions

What is Orion Office REIT Inc. stock symbol ?

Orion Office REIT Inc. is a US stock , located in Phoenix of Az and trading under the symbol ONL

What is Orion Office REIT Inc. stock quote today ?

Orion Office REIT Inc. stock price is $3.515 today.

Is Orion Office REIT Inc. stock public?

Yes, Orion Office REIT Inc. is a publicly traded company.

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