In the last trading session, 1.09 million Orion Properties Inc (NYSE:ONL) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $2.34 changed hands at -$0.15 or -6.02% during last session, the market valuation stood at $131.30M. ONL’s last price was a discount, traded about -84.62% off its 52-week high of $4.32. The share price had its 52-week low at $2.20, which suggests the last value was 5.98% up since then. When we look at Orion Properties Inc’s average trading volume, we note the 10-day average is 1.52 million shares, with the 3-month average coming to 498.80K.
Analysts gave the Orion Properties Inc (ONL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ONL as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Orion Properties Inc’s EPS for the current quarter is expected to be 0.
Orion Properties Inc (NYSE:ONL) trade information
Instantly ONL was in red as seen at the end of in last trading. With action -3.70%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -36.93%, with the 5-day performance at -3.70% in the red. However, in the 30-day time frame, Orion Properties Inc (NYSE:ONL) is -41.94% down. Looking at the short shares, we see there were 0.61 million shares sold at short interest cover period of 2.8 days.
Orion Properties Inc (ONL) estimates and forecasts
Year-over-year growth is forecast to reach -12.78% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 37.4M. 1 analysts are of the opinion that Orion Properties Inc’s revenue for the current quarter will be 36.2M. The company’s revenue for the corresponding quarters a year ago was 47.2M and 40.12M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -20.76%. The estimates for the next quarter sales put growth at -9.78%.
ONL Dividends
Orion Properties Inc is expected to release its next quarterly earnings report on 2023-Mar-07. The 17.09% annual yield figure for the share gives it an annual dividend of 0.40. It is important to note, however, that the 17.09% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Orion Properties Inc (NYSE:ONL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.97% of Orion Properties Inc shares while 58.26% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 63.31%. There are 58.26% institutions holding the Orion Properties Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.7504% of the shares, roughly 6.0 million ONL shares worth $21.54 million.
PRIVATE MANAGEMENT GROUP INC holds the second largest percentage of outstanding shares, with 9.1612% or 5.12 million shares worth $18.39 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund . With 1.99 shares estimated at $4.65 million under it, the former controlled 3.55% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.26% of the shares, roughly 1.83 shares worth around $4.28 million.
