Office Properties Income Trust

OPI

US67623C1099

Commercial REITs

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.01 ^USD	+3.61%		+5.79%	-72.54%

Apr. 11	Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About May 16, 2024	CI
Mar. 28	Morgan Stanley Adjusts Price Target on Office Properties Income Trust to $1.60 From $1.80, Maintains Underweight Rating	MT

Office Properties Income Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 15, 2024 at 05:06 pm EST

Office Properties Income Trust reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 133.77 million compared to USD 127.92 million a year ago. Net loss was USD 37.15 million compared to net income of USD 6.39 million a year ago.

Basic loss per share from continuing operations was USD 0.77 compared to basic earnings per share from continuing operations of USD 0.13 a year ago.

Latest news about Office Properties Income Trust

Office Properties Income Trust Announces Quarterly Cash Distribution, Payable on or About May 16, 2024	Apr. 11	CI
Morgan Stanley Adjusts Price Target on Office Properties Income Trust to $1.60 From $1.80, Maintains Underweight Rating	Mar. 28	MT
The Chicago School of Professional Psychology Inc acquired 247,716 Rentable Square Feet Located At 400 South Jefferson Street, Chicago, Illinois from Office Properties Income Trust for $38.5 million.	Mar. 25	CI
B. Riley Lowers Office Properties Income Trust's PT to $10 From $13.50 After Q4 2023 Results Miss Estimates on Higher Operating Expense, Keeps Buy Rating	Feb. 20	MT
Transcript : Office Properties Income Trust, Q4 2023 Earnings Call, Feb 16, 2024	Feb. 16
Office Properties Income Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Office Properties Income Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Office Properties Income Trust Closes $300 Million Offering of 2029 Notes	Feb. 13	MT
Office Properties Income Trust Prices $300 Million of Senior Secured Notes Due 2029	Feb. 07	CI
Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities	Jan. 29	CI
Office Properties Income Trust Reduces Quarterly Dividend to $0.01; Shares Plunge	Jan. 11	MT
Office Properties Income Trust Cuts Dividend to $0.01 per Share from $0.25, Payable Feb. 15 to Investors of Record on Jan. 22	Jan. 11	MT
Top Midday Decliners	Jan. 11	MT
Office Properties Income Trust Appoints Yael Duffy as COO	Nov. 17	MT
Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer, Effective January 1, 2024	Nov. 17	CI
B. Riley Lowers Office Properties Income Trust's PT to $13.50 From $17, Notes Slightly More Conservative Occupancy Outlook, Keeps Buy Rating	Nov. 01	MT
Transcript : Office Properties Income Trust, Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Office Properties Income Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
North American Morning Briefing : Rate Decisions, -2-	23-10-30	DJ
Office Properties Income Trust Announces Quarterly Dividend on Common Shares, Payable on or About November 16, 2023	23-10-12	CI
Office Properties Income Trust Names Christopher Bilotto as Chief Executive, Brian Donley as Finance Chief	23-09-27	MT
Diversified Healthcare Trust Appoints Independent Trustee, New CFO, Hires Financial Adviser to Assess Capital Needs, Debt	23-09-26	MT
Office Properties Income Trust Announces Executive Changes, Effective October 1, 2023	23-09-26	CI
Office Properties Income Trust Appoints Christopher Bilotto as Chief Executive Officer, Effective October 1, 2023	23-09-26	CI
Office Properties Income Trust Announces Executive Changes, Effective October 1, 2023	23-09-26	CI

Chart Office Properties Income Trust

Duration

Period

More charts

Company Profile

Office Properties Income Trust is a real estate investment trust (REIT). The Company is focused on owning and leasing office and mixed-use properties in select, growth-oriented United States markets. Its primary investment objectives include increasing cash flows from operations from stable and diverse sources. It seeks to acquire properties or portfolios that enhance its overall portfolio composition and produce greater returns than those properties or portfolios it may sell. Its wholly owned properties comprise 152 properties containing approximately 20.5 million rentable square feet. Its properties were leased to over 258 different tenants. Its properties include 445 Jan Davis Drive; 131 Clayton Street; 4344 Carmichael Road; 711 S14th Avenue; Folsom Corporate Center; 100 Redwood Shores Parkway; 100 Redwood Shores Parkway; 7958 South Chester Street; 12795 West Alameda Parkway; 20 Massachusetts Avenue, and others.

Sector

Commercial REITs

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Office Properties Income Trust

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2.01 USD

Average target price

5.8 USD

Spread / Average Target

+188.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Office REITs

	1st Jan change	Capi.
OFFICE PROPERTIES INCOME TRUST	-72.54%	98M
BOSTON PROPERTIES, INC.	-12.34%	9.66B
NIPPON BUILDING FUND INC.	-1.80%	6.48B
DEXUS	-8.33%	4.93B
JAPAN REAL ESTATE INVESTMENT CORPORATION	-8.05%	4.85B
EMBASSY OFFICE PARKS REIT	+11.51%	4.11B
KDX REALTY INVESTMENT CORPORATION	-4.73%	4.02B
KILROY REALTY CORPORATION	-16.82%	3.89B
SL GREEN REALTY CORP.	+12.04%	3.28B
INMOBILIARIA COLONIAL SOCIMI, S.A.	-15.11%	3.16B

Office REITs