During the last session, Orion Properties Inc (NYSE:ONL)’s traded shares were 1.02 million, with the beta value of the company hitting 1.27. At the end of the trading day, the stock’s price was $2.20, reflecting an intraday gain of 2.80% or $0.06. The 52-week high for the ONL share is $4.32, that puts it down -96.36 from that peak though still a striking 3.64% gain since the share price plummeted to a 52-week low of $2.12. The company’s market capitalization is $123.58M, and the average intraday trading volume over the past 10 days was 0.92 million shares, and the average trade volume was 536.67K shares over the past three months.
Orion Properties Inc (ONL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. ONL has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 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.
Orion Properties Inc (NYSE:ONL) trade information
Orion Properties Inc (ONL) registered a 2.80% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.80% in intraday trading to $2.20, hitting a weekly high. The stock’s 5-day price performance is -5.98%, and it has moved by -46.99% in 30 days. Based on these gigs, the overall price performance for the year is -28.28%. The short interest in Orion Properties Inc (NYSE:ONL) is 0.92 million shares and it means that shorts have 1.17 day(s) to cover.
Orion Properties Inc (ONL) estimates and forecasts
In the rating firms’ projections, revenue will decrease -12.78% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 37.4M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 36.2M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 47.2M and 40.12M respectively. In this case, analysts expect current quarter sales to shrink by -20.76% and then drop by -9.78% in the coming quarter.
ONL Dividends
Orion Properties Inc is due to release its next quarterly earnings on 2023-Mar-07. 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 Orion Properties Inc is 0.10, with the dividend yield indicating at 4.55 percent, continuing the trend of increasing dividends in recent years.
Orion Properties Inc (NYSE:ONL)’s Major holders
Orion Properties Inc insiders own 8.03% of total outstanding shares while institutional holders control 58.24%, with the float percentage being 63.33%. VANGUARD GROUP INC is the largest shareholder of the company, while 317.0 institutions own stock in it. As of 2024-06-30, the company held over 6.0 million shares (or 10.7504% of all shares), a total value of $21.54 million in shares.
The next largest institutional holding, with 5.12 million shares, is of PRIVATE MANAGEMENT GROUP INC’s that is approximately 9.1612% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $18.39 million.
