In recent trading session, Office Properties Income Trust (NASDAQ:OPI) saw 1.9 million shares changing hands at last check today with its beta currently measuring 1.13. Company’s recent per share price level of $2.56 trading at $0.56 or 27.75% at last check today assigns it a market valuation of $124.56M. That closing price of OPI’s stock is at a discount of -243.75% from its 52-week high price of $8.80 and is indicating a premium of 29.3% from its 52-week low price of $1.81. Taking a look at company’s average trading volume volume of 1.18 million if we extend that period to 3-months.
Office Properties Income Trust (NASDAQ:OPI) trade information
Upright in the green today for gaining 27.75%, in the last five days OPI remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $2.56 price level, adding 2.29% to its value on the day. Office Properties Income Trust’s shares saw a change of -65.10% in year-to-date performance and have moved 31.70% in past 5-day. Office Properties Income Trust (NASDAQ:OPI) showed a performance of 33.77% in past 30-days.
Office Properties Income Trust (OPI) estimates and forecasts
Statistics highlight that Office Properties Income Trust is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -43.10% of value to its shares in past 6 months, showing an annual growth rate of -31.65% while that of industry is 0.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -3.70% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 133.77M for the same. And 1 analysts are in estimates of company making revenue of 139.44M in the next quarter. Company posted 127.92M and 132.42M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -58.38% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -40.90% while estimates for its earnings growth in next 5 years are of 5.00%.
OPI Dividends
Office Properties Income Trust is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
