During the recent session, Office Properties Income Trust (NASDAQ:OPI)’s traded shares were 1.14 million, with the beta value of the company hitting 1.46. At the last check today, the stock’s price was $0.28, reflecting an intraday gain of 7.73% or $0.02. The 52-week high for the OPI share is $3.02, that puts it down -978.57 from that peak though still a striking 39.29% gain since the share price plummeted to a 52-week low of $0.17. The company’s market capitalization is $19.85M, and the average trade volume was 1.08 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 7.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.73% in intraday trading to $0.28, hitting a weekly high. The stock’s 5-day price performance is 24.60%, and it has moved by 40.33% in 30 days. Based on these gigs, the overall price performance for the year is -87.77%.
OPI Dividends
Office Properties Income Trust is due to release its next quarterly earnings on 2024-Oct-30. 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 0.04, with the dividend yield indicating at 14.28 percent, continuing the trend of increasing dividends in recent years.
Office Properties Income Trust (NASDAQ:OPI)’s Major holders
Office Properties Income Trust insiders own 1.75% of total outstanding shares while institutional holders control 41.48%, with the float percentage being 42.22%. VANGUARD GROUP INC is the largest shareholder of the company, while 126.0 institutions own stock in it. As of 2024-06-30, the company held over 4.81 million shares (or 9.8898% 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 4.6265% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.59 million.
