Office Properties Income Trust (NASDAQ:OPI) Has Reached A Distance Of 4.26% From Its Low, So Is It Poised For More Gains?

In recent trading session, Office Properties Income Trust (NASDAQ:OPI) saw 0.56 million shares changing hands at last check today with its beta currently measuring 1.10. Company’s recent per share price level of $1.41 trading at $0.06 or 4.81% at last check today assigns it a market valuation of $78.93M. That most recent trading price of OPI’s stock is at a discount of -434.04% from its 52-week high price of $7.53 and is indicating a premium of 4.26% from its 52-week low price of $1.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.39 million shares which gives us an average trading volume of 684.41K if we extend that period to 3-months.

For Office Properties Income Trust (OPI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.61 in the current quarter.

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Office Properties Income Trust (NASDAQ:OPI) trade information

Upright in the green today for gaining 4.81%, in the last five days OPI remained trading in the red while hitting it’s week-highest on Tuesday, 11/05/24 when the stock touched $1.41 price level, adding 7.24% to its value on the day. Office Properties Income Trust’s shares saw a change of -80.67% in year-to-date performance and have moved -5.67% in past 5-day. Office Properties Income Trust (NASDAQ:OPI) showed a performance of -28.89% in past 30-days. Number of shares sold short was 4.4 million shares which calculate 5.84 days to cover the short interests.

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 -35.39% of value to its shares in past 6 months, showing an annual growth rate of -45.80% while that of industry is 1.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -6.50% 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 117.32M for the same.

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 -24.55% 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 on 2025-Feb-13 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. With an annual yield of 2.83%, the share has a forward dividend of 0.04 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 13.96%.

Office Properties Income Trust (NASDAQ:OPI)’s Major holders

Insiders are in possession of 2.30% of company’s total shares while institution are holding 50.83 percent of that, with stock having share float percentage of 52.03%. Investors also watch the number of corporate investors in a company very closely, which is 50.83% institutions for Office Properties Income Trust that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at OPI for having 4.81 million shares of worth $9.81 million. And as of 2024-06-30, it was holding 9.9269 of the company’s outstanding shares.

The second largest institutional holder is CASTLEKNIGHT MANAGEMENT LP, which was holding about 2.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6439 of outstanding shares, having a total worth of $4.59 million.