Orion Office REIT (NYSE:ONL) Releases Quarterly Earnings Results

Orion Office REIT (NYSE:ONL) released its quarterly earnings results on Wednesday. The company reported $0.18 EPS for the quarter, Zacks reports. The business had revenue of $38.36 million during the quarter. Orion Office REIT had a negative return on equity of 10.28% and a negative net margin of 50.76%. Orion Office REIT updated its FY 2025 guidance to 0.610-0.700 EPS.

Orion Office REIT Trading Down 29.5 %

NYSE:ONL opened at $2.72 on Friday. Orion Office REIT has a 52 week low of $2.56 and a 52 week high of $4.39. The firm has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.97. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market cap of $151.90 million, a price-to-earnings ratio of -1.76 and a beta of 1.07.

Orion Office REIT Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 2.95%. The ex-dividend date is Monday, March 31st. Orion Office REIT’s dividend payout ratio (DPR) is presently -21.74%.

Orion Office REIT Company Profile

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.