Office Properties Income Trust (NASDAQ:OPI)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 1.22. At the close of trading, the stock’s price was $0.99, to imply a decrease of -1.00% or -$0.01 in intraday trading. The OPI share’s 52-week high remains $4.06, putting it -310.1% down since that peak but still an impressive 13.13% since price per share fell to its 52-week low of $0.86. The company has a valuation of $55.22M, with an average of 0.4 million shares in intraday trading volume over the past 10 days and average of 1.04 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Office Properties Income Trust (OPI), translating to a mean rating of 5.00. Of 3 analyst(s) looking at the stock, 1 analyst(s) give OPI a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Office Properties Income Trust (NASDAQ:OPI) trade information
After registering a -1.00% downside in the last session, Office Properties Income Trust (OPI) has traded red over the past five days. The 5-day price performance for the stock is 8.96%, and 0.95% over 30 days. With these gigs, the year-to-date price performance is -0.98%. Short interest in Office Properties Income Trust (NASDAQ:OPI) saw shorts transact 5.16 million shares and set a 5.8 days time to cover.
OPI Dividends
Office Properties Income Trust has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Office Properties Income Trust has a forward dividend ratio of 0.04, with the share yield ticking at 4.04% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 13.81%.
Office Properties Income Trust (NASDAQ:OPI)’s Major holders
Office Properties Income Trust insiders hold 2.30% of total outstanding shares, with institutional holders owning 61.34% of the shares at 62.79% float percentage. In total, 61.34% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 4.81 million shares (or 9.9269% of shares), all amounting to roughly $9.81 million.
The next major institution holding the largest number of shares is CASTLEKNIGHT MANAGEMENT LP with 2.25 million shares, or about 4.6439% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.59 million.
We also have Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Office Properties Income Trust (OPI) shares. Going by data provided on Oct 31, 2024 , Vanguard Specialized-Real Estate Index Fund holds roughly 1.93 shares. This is just over 3.46% of the total shares, with a market valuation of $1.91 million. Data from the same date shows that the other fund manager holds a little less at 1.64, or 2.94% of the shares, all valued at about 1.62 million.
