During the last session, Office Properties Income Trust (NASDAQ:OPI)’s traded shares were 0.47 million, with the beta value of the company hitting 1.21. The 52-week high for the OPI share is $4.06, that puts it down -341.3 from that peak though still a striking 6.52% gain since the share price plummeted to a 52-week low of $0.86. The company’s market capitalization is $51.05M, and the average intraday trading volume over the past 10 days was 0.49 million shares, and the average trade volume was 1.20 million shares over the past three months.
Office Properties Income Trust (OPI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 5.00. OPI has a Sell rating from 1 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Office Properties Income Trust (NASDAQ:OPI) trade information
Office Properties Income Trust (OPI) registered a -0.37% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.37% in intraday trading to $0.92, hitting a weekly high. The stock’s 5-day price performance is 2.82%, and it has moved by -10.28% in 30 days. Based on these gigs, the overall price performance for the year is -74.58%. The short interest in Office Properties Income Trust (NASDAQ:OPI) is 4.73 million shares and it means that shorts have 5.42 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -58.38%.
OPI Dividends
Office Properties Income Trust is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Office Properties Income Trust is 0.03, with the dividend yield indicating at 3.28 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 13.85%.
Office Properties Income Trust (NASDAQ:OPI)’s Major holders
Office Properties Income Trust insiders own 2.30% of total outstanding shares while institutional holders control 61.97%, with the float percentage being 63.43%. VANGUARD GROUP INC is the largest shareholder of the company, while 153.0 institutions own stock in it. As of 2024-06-30, the company held over 4.81 million shares (or 9.9269% of all shares), a total value of $9.81 million in shares.
The next largest institutional holding, with 2.25 million shares, is of CASTLEKNIGHT MANAGEMENT LP’s that is approximately 4.6439% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.59 million.
Also, the Mutual Funds coming in first place with the largest holdings of Office Properties Income Trust (OPI) shares are Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund . Data provided on Oct 31, 2024 indicates that Vanguard Specialized-Real Estate Index Fund owns about 1.93 shares. This amounts to just over 3.46 percent of the company’s overall shares, with a $1.77 million market value. The same data shows that the other fund manager holds slightly less at 1.64, or about 2.94% of the stock, which is worth about $1.5 million.
